Home > Credit Card Reviews > Four Credit Cards with Online Rewards Marketplaces

Comments 0 Comments

[DISCLOSURE: Cards from our partners are mentioned below.]

Rewards credit cards already offer consumers a way to earn cash back, travel credits, and other benefits as they spend. But some credit card issuers go a step further and offers consumers access to online marketplaces where customers can shop at leading brands and gain exclusive discounts or rewards boosts.

Here are four credit cards that offer online marketplaces with great rewards.

1. Discover it Card Balance Transfer 

Rewards: 5% cash back on up to $1,500 in quarterly purchases at specific retailers or in specific industries, and 1% cash back on other purchases.
Sign-Up Bonus: Discover will match all cash back earned in the first year with this card.
Annual Fee: $0
Annual Percentage Rate (APR): 0% APR for six months on purchases, then 13.74% - 24.74% Variable on purchases & balance transfers APR; 0% APR for 18 months on balance transfers, then 13.74% - 24.74% Variable on purchases & balance transfers APR.
Why We Picked It: Discover Deals offers extra cash back and exclusive discounts when you use this card.
The Online Marketplace: The Discover Deals platform features over 100 partner brands in categories ranging from fashion to travel. Cardholders can access online discounts, coupons for online and in-store purchases, and even bonus cash back at participating retailers.
Drawbacks: You’d have to keep track of the bonus categories, which change every quarter.

2. Chase Sapphire Preferred

Rewards: Two points per dollar for travel and dining and one point per dollar for other purchases.
Sign-Up Bonus:
50,000 bonus points if you spend $4,000 in the first three months.
Annual Fee:
$0 the first year, then $95 per year after that.
APR: 17.74% - 24.74% Variable.
Why We Picked It: Frequent travelers can rack up points quickly with Shop Through Chase.
The Online Marketplace: Shop Through Chase can help you quickly amass points for your next vacation. Shoppers simply log in to their Chase account to access offers for extra points at over 200 popular retailers.
Drawbacks: This card is most valuable for frequent travelers—but if that doesn’t describe you, keep looking.

3. Citi Double Cash – 18 Month BT offer

Rewards: Earn 2% cash back: 1% cash back on all purchases with an additional 1% once the cardholder pays the bill.
Sign-Up Bonus:
Annual Fee:
15.24% - 25.24%* (Variable) APR on purchases; 0% APR for 18 months on balance transfers, then 15.24% - 25.24%* (Variable) APR.
Why We Picked It: Citi offers seamless cash back accumulation and ease of redemption.
Drawbacks: There’s no sign-up bonus.

4. The Amex EveryDay Credit Card from American Express

Rewards: Two points per dollar on up to $6,000 in U.S. supermarket purchases per year and one point per dollar spent on other purchases.
Welcome Offer: 10,000 bonus points when you spend $1,000 in the first three months.
Annual Fee: $0
0% for 15 months on purchases, then 14.74%-25.74% Variable APR.
Why We Picked It: American Express provides many ways to browse offers.
The Online Marketplace: Using your account, an online app, or even social channels like Facebook Messenger and Twitter, cardholders can earn bonus points by shopping Amex Offers. You simply find the deals you like, “add” them to your card, and then make a qualifying purchase. Bonuses will be applied within 90 days of an offer’s expiration date.
Drawbacks: Depending on your timing, you might have to wait a bit to access your extra rewards. 

Choosing a Card with an Online Marketplace

Online marketplaces add value with exclusive discounts or additional rewards. The right credit card should align with your spending habits, provide rewards you’ll actually use, and include reasonable fees and APR.

Many credit card issuers make their online marketplaces compatible with some or all of their offered credit cards. If you find an online marketplace you like, you should look at every eligible card before arriving at a decision.

If an online marketplace doesn’t feature merchants or brands you like, it won’t offer much value to you. And while exclusive offers are appealing, they won’t always make up for higher prices—so make sure to shop around.

What Credit is Required for This Type of Card?

Rewards cards with online marketplaces will often require good or excellent credit. Before you apply, you should check your credit score to make sure you have a good shot at approval. You can check your credit report for free at Credit.com.

Image: istock

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

Certain credit cards and other financial products mentioned in this and other sponsored content on Credit.com are Partners with Credit.com. Credit.com receives compensation if our users apply for and ultimately sign up for any financial products or cards offered.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.

Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team