The Top 5 Credit Cards for Retirement: Fall 2013

Capital One® Venture® Rewards

Capital-One-Venture-Rewards-Credit-Card-bigDuring retirement, you may have more free time, so why not have the best perks so you can enjoy your favorite activities? The Capital One® Venture® Rewards Card card is for those users who want to quickly rack up their rewards and travel.

Notable Features (Updated 7/18/14):

  • Earn unlimited 2X miles on every purchase, every day
  • Enjoy a one-time bonus of 40,000 miles once you spend $3,000 on purchases within the first 3 months, equal to $400 in travel
  • Fly any airline, stay at any hotel, anytime
  • Miles don’t expire
  • No limit to the miles you can earn
  • No foreign transaction fees
  • No annual fee for the first year; $59 after that

American Express Gold Card

americanexpressgold05241If you're a lover of concerts, theater or sporting events, the American Express Gold card is a perfect card for you.

You'll also have access to early sales for tickets and preferred seating.

Notable Features:

  • Annual fee: $125
  • Earn 1 point for every eligible dollar you spend
  • No pre-set spending limit
  • Pre-reserve tickets at concert or theater venues around the world

Chase Freedom Card

Chase Freedom Visa Credit CardIf you're looking for cash back, The Chase Freedom card might be the right card for you. Right now, this card is offering $100 cash back after you spend $500 in the first 3 months of opening your account.

This card has no annual fee and most of its rewards are focused on giving you cash back.

Notable Features:

  • Annual fee: $0
  • APR: 0% for 15 months, after that a variable APR of 13.99%, 18.99% or 22.99%
  • 5% cash back on up to $1,500 spent in bonus categories each quarter
  • 1% cash back on all other purchases

AARP Visa Signature Chase

Chase AARP VISA Signature Credit CardThe AARP Visa Signature Chase card offers limited cash back and rewards redeemable in the form of cash, travel, gift cards and merchandise. With no annual fee and endless cash back opportunities, you'll soon see your points add up and enjoy yet another perk of retirement.

Notable Features:

  • No annual fee
  • 3% cash back on gas station and restaurant purchases
  • 1% cash back on all other purchases
  • No cash back limits

Capital One® Quicksilver® Cash Rewards Credit Card

Capital One QuicksilverThe Capital One® Quicksilver® card is another cash back rewards program but a much simpler one. When using this card, you earn unlimited 1.5% cash back on every purchase. The card also offers a $100 bonus once you spend $500 on purchases within the first 3 months.

Notable Features:

  • No annual fee
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No foreign transaction fee
  • Redeem the cash back you earn for any amount, any time