The Capital One Venture Rewards Credit Card is a great choice for seniors because it offers amazing rewards. The card has a sign-up bonus of 50,000 points which can be redeemed for cash or travel. The card also has a 0% APR on purchases and balance transfers for 12 months. Finally, the Capital One Venture Rewards Credit Card comes with free Priority Pass airport lounge access.

Capital One Venture Rewards Credit Card

Capital One Venture Rewards Credit Card is the best travel rewards credit card when considering its flexible redemption options and annual fee. This card gets your attention, as retirees can enjoy travel more with this reward and clear out a bucket list item. Additionally, the rewards are not tied to specific vendors, so you get to decide which brands to patronize. The annual fee is $95. ..

The signup bonus is a great way to get started with the airline. You can spend $3,000 or $4,000 within the first three months from your account opening and you will receive a one-time bonus of 60,000miles once you spend $3,000 or 75,000miles for spending $4,000. The APR is 16.24% to 24.2% variable.

Capital One is offering customers 2 miles per dollar spent on purchases and 5 miles per dollar when booking travel through the company. ..

Capital One airport lounge offers twice a year access to premium Capital One experiences, such as the Capital One Airline Lounge. This is because you use Capital One credit cards to get access to these experiences.

The credit union does not offer an introductory APR offer or a balance transfer offer. ..

Citi Double Cash Card

The Citi Double Cash Card gives you simple cash back on all your purchases. You get 2% cash back on all your purchases with no difficulty. This cash back is called ‘Thank you points’ and can be redeemed for statement credit, a check, gift cards, travel rewards or more.

There is a 14.74%-24.74% variable APR and no annual fees on balance transfers for 18 months. In addition, you should not expect any fancy benefits. The good part is that there is no introductory APR on this product. ..

The main downside to using the Mastercard card is that there are a 3% foreign transaction fee and balance transfer fees. However, if you sign up for a new Mastercard account, you may be eligible for a bonus.

Fidelity Rewards Visa Signature Credit Card

The Fidelity Rewards Visa Signature Credit Card is known for its ability to optimize retirement savings. Now, who wouldn’t like that? Saving for retirement can be tedious; especially when you have responsibilities all round. That’s where this credit card comes to play. Although, only seniors with a qualified Fidelity account can get limitless 2% cash back on qualifying purchases. For every 1% you spend on important purchases, 2points are awarded to you. ..

You can boost your retirement savings by contributing to your children’s fees or by meeting healthcare costs. There is a low foreign transaction fee of 1% per transaction.

Fidelity Investments is offering a cash back bonus on select investments. This bonus is available to individuals with Fidelity accounts and can be redeemed for statement credit or check. The only downside is that you must have a Fidelity account to receive the full cashback value. ..

Why should a senior own credit card?

A credit card can be a great way to earn travel rewards or save on everyday purchases. With a lot of free time after retirement, a senior can decide to spend time traveling the world. What better way to go about it than using a credit card, which earns you extra miles and other rewards. And, if as a senior,, you choose to remain at home, your everyday purchases can be an avenue to get discounts and rewards on your credit card.

When using a credit card for retirement, it is important to choose the right card that will fit your lifestyle. By reading this article, you will be able to find the best credit card for you and your retirement goals.

Capital One Venture Rewards Credit Card is a great option for travelers. They offer travel rewards that can be used for flights, hotels, car rentals and more. ..

The Fidelity Rewards Visa Signature Credit Card offers services that will help you boost your retirement savings. If you have an account with the company, the card will offer you a variety of benefits to help make your money grow. These include:

  • A $50 credit for each purchase made on your account
  • A $100 credit for each year of membership
  • A $200 credit for each year of membership plus 1% per month on all balances
  • A 0% interest rate on all balances for a period of 6 months

Capital One Venture Rewards Credit Card does not have an annual fee. ..