When it comes to spending, there are three things millennials don’t skimp on: traveling, dining out, and events. In fact, in a recent survey by Harris, 78% of millennials said they’d rather spend their money on experiences than owning stuff. That’s not to say they don’t like to shop, but when they do, they value the convenience of online shopping above everything else and get rewarded for it to maximize their savings.
The credit cards featured on this list offer generous rewards for everyday purchases, like groceries, gas, and streaming services, in addition to drool-worthy sign-up bonuses and introductory offers that cater to the millennial lifestyle.
Capital One Venture Rewards Credit Card
If you love to shop and travel, the Capital One Venture Rewards Credit Card is for you. This card offers a sign-up bonus of 60,000 miles (equal to $600 in travel) after spending $3,000 on purchases in the first three months.
The card is best known for earning an unlimited 2 miles per dollar on all purchases as well as a 60,000-mile sign-up bonus when you spend $3,000 on purchases within the first three months. Cardholders also can earn 5x miles per dollar on hotels and rental cars booked through Capital One Travel and there are no foreign transaction fees — so you can use your card anywhere around the globe.
Other benefits include premier access to reservations at exclusive top-notch restaurants around the country and pre-sales to concerts, festivals, games, and other events.
- Introductory APR: N/A
- Balance Transfer Fee: $0 at this Transfer APR.
- Regular APR: 16.24% – 24.24% (variable).
- Annual Fee: $95.
- Credit Needed: Good/Excellent (750+)
- Sign-up Bonus: 60,000 bonus miles when you spend $3,000 on purchases in the first 3 months from account opening.
- Rewards: 2x miles earned per $1 spent on all purchases.
- Unique Features: Receive up to a $100 credit on Global Entry or TSA Pre✓.