Three Rewards Cards Worth Owning

Courtesy of Chase

With onerous terms, complicated formulas, and measly returns, some reward cards just don’t cut it. Here are three pieces of plastic actually worth owning.

Capital One Venture

Annual fee: $59

Interest rate: 13.9%

An almost ideal travel card, the Visa-branded Venture gives cardholders two miles on any airline for each dollar spent. There’s no foreign-transaction fee, either. A related VentureOne card has no annual fee, but only 1.25 miles accrue for each dollar.

Blue Cash from American Express

Annual fee: None

Interest rate: 0% for six months, 17.2% to 21.2% thereafter

As a cash-back card, this one starts out as a lightweight—just 1 percent back on gas, groceries, and the drugstore. Spend more than $6,500, though, and you’ll get 5 percent on such purchases.

Chase Freedom

Annual fee: None

Interest rate: 0% for six months on purchases, 12 months on balance transfers; 13% to 23% thereafter

You’ll need spotless credit and sizable income, but the benefits start immediately. Airline tickets, gas, home improvement, and department-store buys get 5 percent cash back; some online purchases even draw 20 percent.

Bill Hardekopt writes for