Best Rewards Cards For People Who Eat Out At Restuarants A Lot

Eating out often is probably not the best thing to do if you are on a budget. However, if you have the income to fund a restaurant habit, no one would criticize you for dining out regularly. It is even possible to earn rewards points from your eating expeditions. Some credit cards offer generous rewards programs that are specifically designed to give bonuses to those who eat out often. These cards give higher bonuses for restaurant purchases, allowing users to earn three or four or even five points per dollar spent. Even if you frequent the local fast food lunch counter near your place of work, these restaurant rewards cards may be a worthwhile tool.
Here are the best rewards cards for people who love to eat out.
The Citi Forward Card is a card that offers a generous bonus for foodies. Every time you use your card at a restaurant, you get 5 times the bonus points that you earn on regular purchases (that’s 5 points per dollar spent). You can redeem points once you have earned at least 10,000. If you do some credit card mathematics, that works out to about $2,000 that you need to spend before you earn $100 worth of rewards. There is one small catch: you have to take the reward as a gift card rather than actual cash or a statement credit.
At first glance, the Discover Open Road Card does not seem quite as good as other restaurant-centered credit cards. It only offers 2 points per dollar spent on eating out. However, there are some other deals that make this a good choice for food lovers. The amount of points you earn is doubled each month for the first $250 that you spend at restaurants. That means 4 points per dollar for a total of up to 1000 points per month. This feature makes the Open Road a good choice for people who eat out casually or perhaps eat out during their lunch break at work. In addition, new users get a gift certificate from Restaurants.com after they make their first purchase with the card. That, plus a 0% introductory APR for qualified applicants, makes the Open Road worth considering.
If you are careful, another Discover card can also earn big restaurant rewards. I say careful because the More Card by Discover earns 5% cash back on restaurant purchases, but the high rewards rate is only available for part of the year because Discover rotates the high yield categories throughout the year. Currently, the restaurant category earns 5% cash back between October and March. However, during the summer, categories like home improvement and gas take over the high earning category, meaning that you only get 1% cash back on eating out. The 0% introductory APR (currently lasts for 15 months) and the fact that the card has no annual fee makes it a viable option.
The InkCash Business Card from Chase is good option for people who eat out for business a lot. This card has no annual fee and, though its 5% cash back bonus is reserved for business supplies and services. That said, there are other features that make the Ink a good deal. Dining earns 2% cash back, but after making one purchase, new card-holders are awarded with 15,000 bonus points. The new-user perks continue with 10,000 bonus points for people who spend $5,000 in the first three months. In addition, the 2% cash back reward is available for up to $25,000 in spending (a much higher limit than the other cards on this list). So for big spenders, or business people who spend a lot on business lunches (or wining and dining clients), the Ink is a good deal.



Posted by CreditCardCity 