Best credit cards for families 2020

The Chase Sapphire Reserve® comes with rewards on travel purchases and dining worldwide, and it gives you peace of mind with one of the most extensive complimentary insurances that cover the primary cardholder and their immediate family. With the recent update, you also enjoy the highest rewards rate on Lyft rides.

• Rewards points. Earn 3x points on travel and dining at restaurants worldwide and 1x points on all other purchases. Until March 2022, earn 10x points on Lyft rides.
• Points worth more on travel. Redeem your points for travel purchases via the Chase Ultimate Rewards program and get 50% more value for your points. This makes the 3x points on travel and dining worth 4.5x and the 10x points on Lyft rides worth 15x.
• Travel credit. Get $300 in statement credit as reimbursement for your travel purchases every year on your credit card anniversary.

This is the only credit card that offers the highest cashback rate on purchases made at US supermarkets. What’s more, you get to earn accelerated cash back on streaming services, transit purchases and gas stations. Plus you get to save money on interest with a long intro APR period on purchases and balance transfers.

• Cash back. Earn 6% cash back at US supermarkets on up to $6,000 each year, reverting to 1% after reaching the cap. Also, earn 6% cash back on US streaming services, 3% cash back at US gas stations and transit purchases and 1% on all other purchases.
• Intro APR period. Get 12 months of 0% intro APR period on purchases and balance transfers made in the first 60 days of card membership (see rates & fees). Once the intro period expires, your rate reverts to 12.99% to 23.99% variable.
• Welcome offer. Earn $250 in statement credit once you spend $1,000 in your first 3 months when you open your account.

Similar cards rotate the categories with the highest cashback rate each quarter and you usually don’t know what these categories are until you reach the quarter. But this family card lets you choose which categories earn the highest cashback rate each quarter based on your expenses. You can choose select clothing stores, department stores, furniture stores, electronics stores, cell phones and more (see rates & fees).

• Cash back. Earn 5% cash back on two categories you choose on up to $2,000 each quarter, after reaching the cap you earn 1% cash back. Earn 2% cash back either on gas or groceries, and 1% cash back on all other purchases.
• Intro APR period on balance transfers. Use 12 billing cycles to pay for balance transfers with an intro APR. But you have to make the transfers within the first 60 days when you open your account. After that, your rate reverts to 13.99% to 23.99% variable.
• Signup bonus. Earn $150 cash bonus after you spend $500 in your first 90 days of card membership.

The Capital One® Savor® Cash Rewards Credit Card a great cash back rate on dining without paying an annual fee – in fact, with the change to the Uber Visa Card, the Capital One® Savor® Cash Rewards Credit Card credit card is one of the best picks on the market for cash back on dining. Plus, the built in security features and travel insurance makes this a great choice for travelers.

• Cash back. Earn an unlimited 4% cash back on dining and entertainment purchases, 2% cash back at grocery stores and 1% cash back on everything else.
• Signup bonus. Earn $300 cash back after you spend $3,000 within the first 3 months of account opening.
• Annual fee. You won’t pay an annual fee to use this card.