New homeowners need a credit card offer that meets their spending and rewards needs. Whether you want high rewards overall, rewards specifically for your home improvement purchases, or rewards when you leave your home, we’ve found the best credit cards for people who own their homes.
Citi® Double Cash Card – 18 month BT offer: Best for overall high cash rewardsCiti® Double Cash Card – 18 month BT offer is an awesome card. It offers 1% cash back when you make purchases and another 1% back when you pay them off. Rewards are redeemable for statement credit, check or gift cards.
The Citi® Double Cash Card – 18 month BT offer has an annual fee of $0. It has an introductory APR of 0% on Balance Transfers for 18 months, and then the ongoing APR of 15.49% - 25.49% Variable APR.
Discover it® Cash Back: Best for 5% rewards on home improvement purchasesDiscover it® Cash Back offers 5% back on the following rotating quarterly categories:
|Discover bonus categories for 2018|
|Q1 2018 (Jan. 1 – March 31)||Gas stations and wholesale clubs|
|Q2 2018 (April 1 – June 30)||Grocery stores|
|Q3 2018 (July 1 – Sept. 30)||Restaurants|
|Q4 2018 (Oct. 1 – Dec. 31)||Amazon.com and wholesale clubs|
Occasionally, one quarter offers 5% rewards on home improvement purchases. But you’ll only receive the high rewards on your first $1,500 in spending on the quarterly categories — after that, you’ll receive the normal rewards rate of 1%.
The Discover it® Cash Back has an annual fee of $0 and no foreign transaction or over-the-limit fees. You’ll receive access to your free FICO score, and the card has an introductory APR of 0% on Purchases and Balance Transfers for 14 months, and then the ongoing APR of 13.99% - 24.99% Variable APR.
Citi ThankYou® Preferred Card: Best for getting out of the houseCiti ThankYou® Preferred Card offers 2X points on dining and entertainment and 1 point for every dollar spent on everything else. Rewards are redeemable for many different things, but they are best redeemed for gift cards and cash equivalents — like mortgage payments.
The Citi ThankYou® Preferred Card has an annual fee of $0 and an introductory APR of 0% on Purchases and Balance Transfers for 15 months, and then the ongoing APR of 15.49% - 25.49% Variable APR.