Credit Cards for Excellent Credit

Miles, points, or cash? We often get asked which type of rewards is "best". Our answer is it depends on which you'd enjoy the most (duh!). If you could use the cash in your pocket, then the best type of rewards for you may be cash back. If you need a reason to take a hard-earned vacation, then miles may be your reward of choice. If you'd rather keep your options open, then consider using a card that rewards you in points that can be used to redeem for pretty much anything (including cash and miles, although the redemption values may not be as good as actual cash and miles rewards cards).

Beth J., a Creditnet consumer, told us she chooses miles over cash back because "cash rewards disappear before I even realize I've used my free money! Vacations are so much more enjoyable when I know the flights were free because I used credit card miles to book them!"

Bryan C., a Creditnet consumer, told us he chooses cash back because each year he surprises his wife, who is in charge of paying their credit card bills, with a gift purchased solely using cash back from their credit cards. The bigger the cash reward, the better the gift!

Jerry N., a Creditnet consumer, told us he chooses points because he likes to Christmas shop for his children and grandchildren on his credit card's reward site. His gift options are endless, from gift cards to toys to travel and more, and they don't cost him an extra dime!