Happy New Year! The confetti has been cleaned up, resolutions have been made and a few weeks have passed since the Federal Reserve raised its target interest rate for the first time in nearly a decade. It is with that context that CardHub today released its list of the Best Credit Cards for 2016 as well as its year-end Credit Card Landscape Report, which revealed that the Federal Reserve’s decision added $1.3 billion to consumers’ collective annual debt burden.
Below you can find a brief overview of CardHub’s Best Credit Cards for 2016, which were chosen from a pool of more than 1,200 offers due to their unique ability to meet various consumer needs.
•Best for Rewards: Capital One Venture—40,000 bonus miles for spending $3,000 in the first three months (redeemable for $400 in travel-related expenses); 2 miles per $1 spent; no first-year annual fee ($59 thereafter).