Managing finances as a couple can be challenging, but having a joint credit card can help simplify things. With a joint credit card, both partners can earn rewards and build credit together while streamlining expenses and avoiding the hassle of managing multiple credit card accounts. However, with so many credit cards on the market, choosing the right one that fits your lifestyle and financial goals can be overwhelming. That’s why we’ve compiled a list of the seven best credit cards for couples to help you make an informed decision. We’ve analyzed each card’s benefits, rewards, fees, and drawbacks to ensure you have all the information you need to make an informed decision.
Whether you’re looking for a travel credit card, a cashback credit card, or a premium credit card with exclusive perks, we’ve got you covered. Our list includes various credit cards to suit multiple preferences and financial needs. By choosing the right credit card, you can enjoy rewards and benefits that enhance your lifestyle and help you achieve your financial goals as a couple. So, let’s dive in and explore the seven best credit cards for couples!
1. Best Credit Card for Couples: Chase Sapphire Preferred
The Chase Sapphire Preferred is among the best credit cards for couples who love to travel. With this card, you’ll earn 2x points on travel and dining purchases and 1x on all other purchases. Plus, you’ll get a bonus of 100,000 points after spending $4,000 in the first three months. The points earned on the Chase Sapphire Preferred card can be redeemed for travel through Chase’s travel portal or transferred to various airline and hotel partners. This allows couples to use their rewards for their preferred airline or hotel brand.
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Pros
- Earn 2x points on travel and dining purchases
- A bonus of 100,000 points after spending $4,000 in the first three months
- Points are worth 25% more when redeemed through Chase Ultimate Rewards
- No foreign transaction fees
- Primary car rental insurance
Cons
- $95 annual fee
- Higher minimum spending requirement to earn the bonus compared to other cards
- Limited categories for earning rewards
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2. Best Joint Credit Card: Citi Double Cash – Best Credit Cards for Couples
The Citi Double Cash card is an excellent choice for couples who want a straightforward way to earn cash back on all their purchases without worrying about annual fees or rotating categories. You’ll earn 2% cash back on all purchases: 1% when you buy and 1% when you pay your bill. The Citi Double Cash card has no annual fee, which means couples can earn cash back on their purchases without worrying about paying extra fees. The cashback earned on the Citi Double Cash card can be redeemed as a statement credit, gift card, or direct deposit into a bank account. This flexibility allows couples to use their cashback rewards however they see fit.
Pros
- Earn 2% cash back on all purchases (1% when you buy, 1% when you pay your bill)
- No annual fee
- Wide acceptance network for Mastercard
Cons
- No sign-up bonus
- No bonus categories for earning higher cash back
- Foreign transaction fees
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3. Best Credit Card for Married Couples: American Express Gold Card
The American Express Gold Card is an excellent option for couples who love dining out and traveling. With this card, you’ll earn 4x points on dining and grocery purchases and 3x on flights booked directly with airlines or on amextravel.com.
Pros
- Earn 4x points on dining and grocery purchases and 3x points on flights booked directly with airlines or on amextravel.com
- Annual $120 dining credit and $100 airline fee credit
- Complimentary travel insurance
- Premium travel and shopping benefits
Cons
- $250 annual fee
- Limited acceptance network compared to Visa and Mastercard
- No intro APR offer
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4. Best Joint Credit Card with Spouse: Capital One Venture Rewards
The Capital One Venture Rewards card is one of the best credit cards for couples who want to earn rewards on all their purchases. You’ll earn 2x miles on all purchases, and you can redeem your miles for travel statement credits or transfer them to airline and hotel partners.
Pros
- Earn 2x miles on all purchases
- Miles can be redeemed for travel statement credits or transferred to airline and hotel partners
- No foreign transaction fees
- TSA PreCheck or Global Entry credit
Cons
- $95 annual fee
- No bonus categories for earning higher miles
- Limited travel benefits compared to other premium cards
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5. Best Credit Card for Couples with No Annual Fee: Chase Freedom Unlimited
The Chase Freedom Unlimited card is a smart choice for couples who want to earn cash back without paying an annual fee. You’ll earn 1.5% cash back on all purchases, and there’s no limit to how much you can make.
Pros
- Earn 1.5% cash back on all purchases
- No annual fee
- Intro APR offer on purchases and balance transfers
Cons
- No bonus categories for earning higher cash back
- Limited travel benefits compared to other premium cards
- Foreign transaction fees
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6. Best Joint Credit Card for Couples: Discover it Cash Back
The Discover it Cash Back card is the Best Credit Cards for Couples who want to earn cash back and enjoy special perks. You’ll earn 5% cash back on rotating categories (up to $1,500 in purchases per quarter) and 1% on all other purchases. Plus, Discover will match all the cash back you earn in your first year.
Pros
- Earn 5% cash back on rotating categories (up to $1,500 in purchases per quarter) and 1% cash back on all other purchases
- No annual fee
- Discover will match all the cash back you earn in your first year
- Intro APR offer on purchases and balance transfers
Cons
- Limited acceptance network compared to Visa and Mastercard
- No bonus categories for earning higher cash back outside of the rotating categories
- Foreign transaction fees
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7. Best Credit Cards for Couples for Rewards: Chase Sapphire Reserve
The Chase Sapphire Reserve card is the Best Credit Cards for Couples who want to earn rewards on all their purchases and enjoy premium travel benefits. You’ll earn 3x points on travel and dining purchases and 1x point on all other purchases. Plus, you’ll get a $300 annual travel credit, Priority Pass lounge access, and more.
Pros
- Earn 3x points on travel and dining purchases and 1x point on all other purchases
- $300 annual travel credit, Priority Pass lounge access, and other premium travel benefits
- Points are worth 50% more when redeemed through Chase Ultimate Rewards
- No foreign transaction fees
Cons
- $550 annual fee
- High minimum spending requirement to earn the bonus
- Limited categories for earning rewards
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Conclusion
In conclusion, choosing the Best Credit Cards for Couples can be a great way to manage finances and earn rewards or cash back on purchases. With many options available, you must consider your spending habits, lifestyle, and financial goals to determine which card best fits you and your partner.
The seven credit cards highlighted in this blog offer a range of benefits, from travel rewards and cash back to premium travel perks and no annual fees. Whether you’re looking for joint credit cards with your spouse or a card for couples to share, there’s an option to suit your needs. Remember to read the fine print, understand the terms and conditions, and use credit responsibly. By choosing a credit card that aligns with your financial goals, you can enjoy the benefits of rewards and cashback while building a solid credit history and managing your finances together as a couple.
FAQ’s
Q. What is the benefit of having a joint credit card as a couple?
A: A joint credit card can help simplify expenses and streamline finances, allowing both partners to earn rewards and build credit together.
Q. Are there any potential drawbacks to having a joint credit card as a couple?
A: Yes, there can be potential drawbacks to having a joint credit card, such as the risk of one partner overspending and negatively impacting the credit score of both partners.
Q. Can both partners use a joint credit card independently, or must they use it together?
A: Both partners can use a joint credit card independently but are equally responsible for paying the bill.
Q. What is the best way to manage a joint credit card as a couple to avoid financial conflicts?
A: The best way to manage a joint credit card is to set clear spending limits and communicate regularly about expenses. Paying the bill on time and in full is also essential to avoid interest charges.
Q. Can having a joint credit card help improve a couple’s credit score?
A: Yes, joint credit cards can help improve a couple’s credit score if they use it responsibly and make timely payments.
