Top Picks For Credit Cards

7:14 AM, Jan 8, 2013   |    comments
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WASHINGTON (WUSA) -- is out with some of its top picks for plastic in the new year and if your credit is top-notch, then you may want to consider these credit cards:

  1. The Chase Sapphire Preferred Card

    CardHub loves the 40,000 bonus points you get after spending $3,000 during the first three months. Here's why: You can turn around and redeem those points to take $400 off of what you owe, which is like spending $2,600 to get $3,000 of goods.

  2. Blue Cash Preferred from American Express 

    It offers 6% cash back at supermarkets -- up to $6,000. You also get 3% cash back at gas stations and department stores, and 1% cash back everywhere else.
    If you spend at least $1,000 in the first three months -- they waive the $75 annual fee for 2 years.

  3. The Capital One Venture Card and the PenFed Premium Travel Rewards American Express Credit Card

    If you like travel!

  4. Citi Diamond Preferred Card

    If you want to transfer a balance so you can pay it down at a low interest rate, then you might want this card. It has the longest 0% introductory interest rate on the market, at 18 months. Keep in mind there is a 3 percent balance transfer fee.

  5. Slate Card from Chase
    It offers a free balance transfer for 60 days and a 0% introductory rate for 15 months.

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