Heavy Cards Can Mean Big Rewards
Metal credit cards are typically reserved for top tier credit cards (though, this trend appears to be changing quickly). They generally require excellent credit for approval. Above all, consumers see them as a status symbol.
There isn’t much to not like about a metal credit card. The extra weight gives it a great feel and your card is certain to be the envy of other credit card enthusiasts.
Here we will take a look at our picks for the top metal credit cards in 2020. This list focuses on affordable cards with big rewards. Let’s take a look at some of the most popular metal credit cards.
Chase Sapphire Preferred
- 60,000 point sign up bonus for new cardholders
- 2x points for dining and travel expenses
- Travel protection and insurance
- Highly rated as one of the best travel credit cards
- $95 annual fee
The Chase Sapphire Preferred is a fan favorite for travelers. This card routinely makes the cut as one of the best travel credit cards.
This card provides one of the biggest sign up offers publicly available. The 60,000 point offer is valued at up to $750 when used for travel. Reward point can also be used for cash back and more.
To qualify for the 60,000 point bonus offer you will need to complete $4,000 in credit card spending. This will need to be completed within the first 90 days of your new account being issued.
Capital One Venture Card
- Weighs in at 16 grams (one of the heaviest metal credit cards)
- 50,000 point sign up bonus for new cardholders
- 2x points on all purchases
- Venture travel benefits including travel insurance
- $95 annual fee (waived for the first year)
Much like the Sapphire Preferred, The Venture Card is a favorite among travelers. This card offers a slightly smaller sign up offer than The Preferred card but excels in several other areas.
It is one of the heaviest metal cards available. It also provides a waived annual fee for new year one cardholders. Furthermore, customers receive an impressive 2x points on all purchases.
The sign up bonus requires slightly less spending than the Chase Sapphire Preferred. $3,000 in purchases will need to be charged to your account in the first 90 days to qualify for your 50,000 point offer.
Amazon Prime Rewards Visa Signature Card
- 5% cash back for Amazon and Whole Foods purchases
- 2% back for gas, restaurants and drugstores
- 1% cash back for all other purchases
- Travel insurance protections and not foreign transaction fees
- New Cardholder sign up bonus
- No annual fee
The Amazon Prime Visa Signature Card is one of the few zero annual fee metal credit cards. This card offers some very nice incentives for cardholders. The biggest benefit will come for frequent Amazon customers.
This cash back card is a great option for 5% cash back when shopping with Amazon. With no annual fee, there are few reasons frequent Amazon customers should not use this card.
This card also offers a sign up bonus for new cardholders. Currently, new accounts will receive $70 towards purchases with Amazon.
Capital One Savor Cash Rewards
- 4% cash back for dining and entertainment
- 2% for groceries and 1% back on all other purchases
- Travel accident insurance and no foreign transaction fees
- One time $300 cash back bonus for new customers
- First year fee waived, $95 thereafter
The Capital One Savor Card is a sneaky favorite for credit card users. This card offers one of the biggest cash back incentives for dining and entertainment. 4% cash back is nearly unheard of for most credit card rewards.
This card was initially offered as a plastic credit card. New approved consumers will receive the updated metal version. Current cardholders also have the option to request an upgrade to the metal card.
To qualify for the $300 new cardholder sign up offer you will need to complete $3,000 in spending within the first 90 days of opening your account.
Wells Fargo Propel American Express Card
- 3x points for a huge variety of purchases
- 1x points for all other purchases with your Propel Card
- 30,000 point sign up offer (valued at $300)
- 0% financing for the first 12 months after opening an account
- No annual fee
Like The Amazon Prime Card, The Propel Card is one of the few metal credit cards without an annual fee. It also offers some very impressive rewards.
Customers receive triple points for dining, gas and rideshare, travel, and streaming services. All other purchases earn one point for each dollar spent.
Qualifying for the 30,000 point sign up offer will require a total of $3,000 in purchases within the first 90 days after opening your new account.
American Express Gold Card
- 4x points for dining and groceries
- 3x points for select travel
- 1x point for all other purchases
- Dining and Airline credits
- 50,000 points for new cardholders (spending requirements)
- $250 Annual Fee
The AMEX Gold Card is by far the most expensive metal credit card included in this list. Additionally, there are far more expensive metal cards than The Gold Card. This card makes the list because it is such a popular option.
Overall, the rewards for the Gold Card are very impressive but will mostly appeal to big spenders. The card allows for unlimited 4x points for dining. Customers will receive 4x points for groceries limited to $25,000 spent per year.
To qualify for the 50,000 bonus point offer you will need to complete $2,000 of spending on your account. This must be completed within the first 3 months of opening your new account. Relatively, this is one of the lowest spending requirements for a sign up bonus of this size and gives this card a huge plus.
This card includes $100 annual airline credit and $10 per month for select dining.
Which Metal Card Is The Best Choice For You?
If you have made the decision to upgrade to a metal credit card you will need to take some time to decide which makes the most sense for your spending habits.
Are you a frequent traveler? Do you spend a lot on dining and groceries? Is Amazon you number one choice for shopping?
If you are looking for a zero fee metal credit card your options will be more limited. The Amazon Prime Card is a great choice for Amazon fans. The Wells Fargo Propel Card is an overall great rewards card that can be used for daily spending.
For travelers, the choice will likely be between the Chase Sapphire Preferred and The Capital One Venture Card. Both of these cards offer huge sign up bonus in excess of $500 in value. Here is additional information to help decide between the Chase Preferred and Venture Card.
Other cards on this list like the Gold Card and Savor card will have big appeal for individuals who spend heavy in categories like dining, groceries and entertainment.
Not Finding The Right Card For You? Here Are Our Top Credit Card Guides
- Top Picks For 2020 – Covers All Major Credit Card Categories
- Top 10 Travel Credit Cards – Must Haves For Adventurers
- The Ultimate Guide For Cash Back Credit Cards
Metal Credit Cards: All Show Or Serious Value?
Metal Credit Cards are very sought after for the impressive feel of the card itself. This list was made to feature cards that also feature great value for rewards and sign up offers.
Every card on this list includes a new customer bonus when spending requirements are met. The total spent requirement should be considered when selecting your card.
Furthermore, long term earning potential was also considered when selecting cards for this list. All of these cards offer great earning potential for common purchases. Extremely high annual fees which can be in excess of $400 were excluded from this list.
Final Thoughts – The Future Is Metal
One big takeaway is that it appears more and more cards will begin offering metal designs. In the past several years we have seen nearly every major bank provide at least one flagship credit card with a metal design. Several cards like the Savor Card has converted to a metal design.
Credit Card issuers are quickly realize that consumers enjoy the feel and “status” of a metal credit card. We can expect to see more option and credit card companies will continue to fight your consumer business.
This is great news for credit card users who love their reward programs. While there has been much talk that credit card rewards will soon be a thing of the past, just look to the trend in metal card options which suggests others.
Banks will continue to push big rewards and try to out feature one another. In the long run, this is great news for credit card enthusiasts.
In the meantime, if you are looking to step up your game to a metal credit card this list will help you choose from lower cost choices with big rewards.
Do you have a favorite metal credit card? Let us know in the comments below!