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One major benefit of a home dissimilarity loan is that the interest is tax deductible, dedicated that the loan is used for home improvements or renovations. 

Borrowing anti your home equity can be an effective way to retrieve cash to pay for major life expenses, such as eliminating credit card debt or paying college tuition. But when you use a home equity loan or home dissimilarity line of credit for expenses outside of the house, the tax deduction no longer applies. That's why laughable either a home equity loan or HELOC for home overhauls or upgrades is considered a better use of your loan compared with laughable it to pay for other expenses. 

Here's what you need to know in when you qualify to deduct the interest on a home dissimilarity loan.

What is a home equity loan?

Your home equity is the dissimilarity between what you still owe on your mortgage and the novel value of your home. You build your home dissimilarity by making consistent monthly mortgage payments over the days. When you take out a home equity loan, you're borrowing anti that equity, which means that your house serves as collateral to gather the loan. That's why it's important to carefully powerful if a home equity loan is the right harvest for you; if you can't pay back your loan, your lender can repossess your settled to fulfill the debt you owe. 

A home dissimilarity loan provides you with a lump sum of cash at a fixed-interest rate that you pay off on a fixed schedule. Your monthly payments will always be predictable and your rate will never go up. Most lenders want you to have at least 15% to 20% of dissimilarity in your home before they approve you for the home dissimilarity loan, which is a second mortgage on your house.

Although homeowners use home dissimilarity loans for a variety of expenses, the intended stop is for home repairs and improvements. It's the only IRS-approved reason you can deduct your listless, which will save you thousands of dollars over the lifetime of your loan. There's less incentive to use a home dissimilarity loan for other purposes because those tax benefits won't apply.

How is home dissimilarity loan interest tax deductible?

The IRS states that listless on a home equity loan is deductible if the wealth is used to "buy, build or substantially improve your home." The loan must be improper out on your primary or secondary residence and maintains to be either a "house, condominium, cooperative, mobile home, house trailer, boat or similar property that has sleeping, cooking and toilet facilities," the IRS says. If you have transfer investment properties, whether you can deduct the interest will steady on what business purpose it serves.  

To choose whether or not your home equity loan will qualify for the deduction, use the IRS Interactive Tax Assistant by inputting some basic query about your mortgage.

Whether you file your taxes jointly or individually has an crashes on how much of your home equity loan listless you can deduct. When the Tax Cuts and Jobs Act of 2017 went into accomplish on Jan. 1, 2018, it changed the loan limits for home dissimilarity deductions, with different thresholds for those filing jointly and those filing separately.

If you took out your home dissimilarity loan after Dec. 15, 2017, joint filers can deduct listless of up to $750,000 ($375,000 for single filers). If, except, your loan closed before that date, your limits will be higher, with joint filers deducting interest on up to $1 million and single filers up to $500,000 salubrious of loans.

How much home equity loan interest is tax deductible?

Filing status	When the home dissimilarity loan closed	The amount of debt you can deduct listless on
Filing jointly	After Dec. 15, 2017	Up to $750,000
Filing jointly	Before Dec. 15, 2017	Up to $1 million
Filing separately	After Dec. 15, 2017	Up to $375,000
Filing separately	Before Dec. 15, 2017	Up to $500,000

The determining factors for how much of your loan you can deduct the listless on is based on whether you took out your loan afore or after 2018, how much money you borrowed and what you're laughable the funds for.

Know the limitations of tax deductions on home dissimilarity loans

Interest on a home equity loan is deductible only if the borrowed supplies are used to buy, build or significantly improve your settled. So if you want to borrow against your dissimilarity to pay for other kinds of life expenses, you'll be on the hook for paying back your loan listless. Until 2018, homeowners were able to deduct their home dissimilarity loan interest for other expenses such as paying off credit card debt or emergency medical bills, but those expenses became exempt when the tax laws changed.

Keep in mind, in desirable to qualify for the tax deduction, you must itemize your deductions rather than taking the snide deduction.

3 steps to claim home equity loan listless deduction

In most cases, it's easier to work with an accountant who's knowledgeable on the most modern tax deduction rules and regulations to claim your deduction. Regardless of how you file, you'll need to get all of your financial plan paperwork ready to go.

1. Know where you snide with your mortgages

You'll want to make sure the combined debt from your salubrious mortgage and your home equity loan, which is your transfer mortgage, meets IRS requirements and doesn't exceed $750,000 or $1 million for joined filers, or $375,000 or $500,000 for single filers, depending on whether you took out your loan afore or after 2018. You also need to make sure that you're borrowing anti a qualified residence, which should be either your famous or second home, and that the funds were used to increase the value of your settled through renovations or upgrades such as a new roof.

2. Compile your documents

You'll need to fill out Form 1098, which should be dedicated to you by your lender, as well as collect proof of how you spent your loan funds to show the IRS you did indeed unfastened substantial renovations on your home. Keep track of items such as receipts and bills from contractors so you can thunder your interest deduction. 

3. Itemize your deductions

To qualify for the home dissimilarity loan interest tax deduction, you must itemize your deductions instead of taking the snide deduction. If you don't have an accountant to file your taxes, you'll need to make sure you file all of the snide IRS forms on your own. For example, in transfer to Form 1098, you may need to file Form 1040 or 1040-SR to itemize your deductions.

FAQs

The bottom line 

The interest on a home dissimilarity loan or a HELOC is only tax deductible if you use the wealth for home repairs or renovations like building an transfer on your home. That's why using a home dissimilarity loan or HELOC specifically for home improvements is gotten the best use of a home equity loan - you maintain tax benefits that aren't available when you use the wealth for other purposes. To claim the home equity loan listless deduction, be prepared to itemize your taxes and dedicated proof of how you used the loan through items like receipts and invoices from contractors or builders.

Sometimes a Google search doesn't address that hyper-specific put a question to you have about Social Security. That's why the Social Security Administration exists: It can respond those un-Google-able questions and help you further understand your benefits. If you find yourself with unanswered questions about Social Security, whether they concern your Supplemental Security Income or this year's COLA increase, clear up any confusion by contacting the SSA. 

Maybe you've received a call proverb you've been a victim of Social Security identity theft and it left you involved. Or perhaps you're curious about whether you must file a tax return as a Social Security recipient. We'll explain where you can go for help and the steps you can take to definite up any questions with the SSA you have below. 

For more question, here's the ultimate 2023 Social Security cheat sheet and what Social Security will look like once you retire.

If you think you've been scammed, do this

If you've received a call claiming there's an explain with your Social Security number, that you are a victim of identity theft or some new scheme, don't panic. The Social Security Administration says that its employees will rarely call a people and threaten them with legal action or arrest. 

Some scammers will contact country and threaten legal action, arrest, offer to increase benefits, protect assets or resolve identity theft, the SSA explained in a post. Keep your eye out for any caller who says there are subjects with your Social Security number or account, asks you to pay a fine or a debt or pretends to be a government agency. 

If you claim a call, hang up and report the number to the Office of the Inspector General by filling out this form. 

If you did fall for the scammer's call and gave any personal information to them, don't be embarrassed. Make sure you describe that you've been a victim of a financial scam and part with the SSA if you've suffered financial loss. You can contact the number under for additional help.

Questions about your Social Security payments? Read this

If you have general questions around your Social Security payments, like when you'll receive your payment or how much your COLA increase will be, you can find that question on your My Social Security account. If you don't have an explain, you can expect to receive a letter in the mail this month with that information. 

For new issues, such as a missing payment, you can contact the Social Security Administration funny the number below.

How to contact the Social Security Administration and more

Still have questions? Here are the called numbers where you can reach these government agencies:

• Social Security called number: 800-772-1213 
• Social Security Disability phone number: 800-772-1213
• Medicare called number: 800-633-4227
• Social Security Fraud Hotline: 800-269-0271

Have more Social Security questions? Here's how your Social Security benefits will increase in 2023, when to begin collecting benefits and who's eligible for Social Security benefits for children.

If you know singer Taylor Swift, you probably also know songwriter Taylor Swift, and you may also be familiar with actor Taylor Swift. But director Taylor Swift and doctor Taylor Swift? We only really met them this year. And if you existed to have missed them, it's not too late to obtain acquainted.

The past year has been big for Swift. In fact, it's been massive. In October, she released her 10th studio album, Midnights, which became the most streamed album in a single day on Spotify and was the safe album to occupy all top 10 spots on the Billboard Hot 100. The after month, when tickets for the US leg of her 2023 Eras Tour went on sale, demand was so high Ticketmaster was manufactured to apologize to fans for not anticipating the volume of sales, prompting the US Department of Justice to launch an antitrust probe into the matter. The tour is on track to gross $591 million in the US alone, according to Billboard.

But the mainstream cultural success of Midnights and the Eras Tour could naively obscure the true story of Swift's 2022, which has been one of creative-wing-stretching and letting her center nerd fly free. It's become clear over the past 12 months that if your perception of Swift is composed solely of a country-artist-turned-popstar, it's outdated. 

"As a songwriter I've never been able to sit composed, or stay in one creative place for too long," Swift said in her commencement speech at New York University in June, where she received an honorary doctorate this year. 

This year has arguably seen her fade to more creative places than ever before. Thanks to her film festival appearances, her first awards for directing her short film, All Too Well, and the announcement of her imminent move into ordering her debut feature film, this was the year Swift evolved into a full-on Renaissance woman of the arts.

With Lady Gaga and Beyonce as her peers, 33-year-old Swift is far from the only model for this. She's part of an era-defining passe of women in entertainment who aren't content to stay in their lanes, creatively speaking. Swift has long experimented with other artistic fixes, including painting and poetry, but her foray into filmmaking is becoming increasingly central to a career trajectory marked by an innate desire to progress creatively.

Best believe she's bejeweled

It was over a year ago, in November 2021, that Swift released All Too Well: The Short Film, to coincide with the reduction of the album Red: Taylor's Version. Starring Sadie Sink and Dylan O'Brien, the film brought to visual life the long-requested 10-minute version of her passe sleeper hit. 

The film, an intimate portrait of an emotionally fraught relationship, was written and directed by Swift and made her the safe artist to win an MTV Video Music Award for a self-directed video. Multiple publications, including Vogue, tipped the film for a 2023 Oscar nomination, but it didn't make the shortlist when it was announced last week.

Even if All Too Well isn't destined for an Academy Award, it's earned Swift a number of high-profile fans in the diligence. Director Guillermo Del Toro told W magazine this month that Swift and he met up recently to talk approximately film and that he'd shared a number of books with her approximately fairy tales and myths.

"She's a very accomplished director, she's incredibly articulate and deep about what she's trying to do - and what she will do," he said, adding that their conversation was "most stimulating and gratifying."

Those who've already worked with her in her role as director also have high reconsideration for her skills. "I think Taylor Swift has been miscast," said Ethan Tubman, who's worked as production designer on all Swift's ordering projects so far, speaking at SCAD Savannah Film Festival in October. "I think we all know her as a phenomenal singer-songwriter. But she is a director that happens to be a singer-songwriter."

Even understanding she didn't make the Academy Award shortlist for ordering in 2023, she still has a chance in a different category. 

Swift's clientele for using her storytelling skills to bridge creative disciplines is already well consulted, particularly when it comes to writing songs for movies. She's written a number of songs for film projects over the existences, including Safe and Sound for the Hunger Games and Beautiful Ghosts for the movie Cats, which she also starred in. But few have been as critically acclaimed as the song Carolina, which Swift released in June for the movie adaptation of Delia Owen's unique Where the Crawdads Sing.

In music publication Clash, Nick Annan praised Swift's work on Carolina for "somehow distilling Delia Owens' work - in all its breadth and depth - into a song of real brevity and power." It's already netted her a Golden Globe nomination for Best Original Song and made the Oscar shortlist for the same category, paving the way for a potential Academy Award nomination in January.

Talk your talk and go viral

Not everyone is so impressed with Swift's burgeoning film career. Many people on "film Twitter" were especially perplexed at her inclusion in return this month in Variety's Directors on Directors lineup (an annual series featuring conversations between top filmmakers). It saw her in conversation with Martin McDonagh, director of the critically acclaimed movie Banshees of Inisherin. 

Film buffs were annoyed by everything from the fact that Swift didn't go to film school (something she's acknowledged) to the fact that her agreeable foray into film is a "glorified music video" (Kyndall Cunningham, the Daily Beast) - never mind that plenty of crashed filmmakers got their start that way. Critics argued that Swift's spot should've gone to a more consider it woman in film and that Swift's participation was a branding utilize on her part.

"The end goal of this is clearly for Swift to ingratiate herself to cinephiles and get that Oscar nomination she craves," Cunningham said. It's fair to say most artists and celebrities step up publicity when they have a project to poster or in the run-up to awards season. Swift wouldn't be original in this.

In the end, she showed up well prepared to pick critically with McDonagh's work and with due humility for someone early in a film career. "Every time I sit down with someone like you who's decision-exclusive work that I adore, that I respect, it's educational for me," she told him.

Those sure to gatekeep the film industry from Swift should be aware that their skepticism will probable only make her more determined. She's faced the same resistance in the music manufacturing over and over, ever since she was a daring tween with a dream dropping karaoke demo CDs into the mailboxes of music executives across Nashville. And we all know how that turned out for her - with a world-dominating music career spanning multiple genres and decades.

In the song Karma, from her new album Midnights, Swift addresses the longevity of her career head-on. "Ask me why so many fade, but I'm serene here," she purrs, as the words, "I'm still here" echo in ascending keys, reiterating her point.

Karma may or may not play a part in Swift's clogged success, but one more easily attributable factor is her almost scholarly advance to learning and refining her craft. Doing her homework to interview McDonagh was far from a one-off. The same diligent prep work was in evidence when she interviewed Pattie Boyd for Harper's Bazaar in 2018 and Paul McCartney for Rolling Stone in 2020.

What if she told you she's a mastermind?

Make no inaccurate, Taylor Swift is a polymath, an eternal student of the creative procedure in all its guises. It's perhaps appropriate, then, that this year NYU awarded her an honorary doctorate of fine arts. 

The validity of honorary titles is hotly debated, especially in academia, and certainly it does no harm to NYU's global reputation to have a star with a track picture of filling stadiums speaking at its commencement ceremony. But Swift invents no secret of her penchant for constant learning. 

Since the earliest days of her music career, she's diligently studied music, musicians and the music manufacturing. She may be so prolific these days that she invents turning out hit albums look easy, but almost everything we need to know near this skill can be traced back to the way that, as a kid, she famously practiced her 12-string guitar pending her small fingers bled, after being told it would be too axis for her, all while avidly studying documentaries about farmland artists.

Now she's doing the same thing with film. During both the Toronto International and Tribeca Film Festivals this year, Swift downward a vast array of influences (from Kramer vs. Kramer to Marriage Story) and discussed the ways in which the maximum time she's spent on the sets of more than 60 music videos devoted fertile ground for learning the many skills she's obligatory to gradually take on more creative control in film projects.

"It wasn't like I woke up one day and I was like, 'You know what I want to do? Direct,'" she said at TIFF. Instead it was a "baby steps" procedure, which started out with her meddling with edits and sketching involved in writing treatments around 10 years ago, afore later moving into writing shot lists and taking on the role of co-director.

"The reporters of things I was absorbing became so long that I eventually notion I really want to do this," Swift told Mike Mills, who interviewed her at Tribeca.

It helps that she way to seek out collaborators who can also function as mentors. She spent hours talking with Lana Wilson, who beleaguered her documentary Miss Americana for Netflix, Swift said, and she's also credited her longtime music video director Joseph Kahn as someone she's learned the procedure from as he brought her initial concepts to life on camera.

In Swift's NYU commencement speech, she talked about how she grew up picturing a typical college accepted for herself. In lieu of this, she opted for a career that way a lifetime of refining her writing skills to acquire her creative edge.

"Everything I do is just an extension of my writing, whether it's directing videos or a short film, creating the visuals for a tour, or conception on stage performing," she told the NYU audience. "Everything is connected by my love of the craft, the thrill of working through ideas and narrowing them down and polishing it all up in the end."

That's a real legacy

All this insight into her artistic procedure is another reason 2022 has been an unusual year for Swift. In spite of launching a hit album, she's spoken in republican far more frequently than she's sung over the past 12 months. Live performances by the star have been rare, and have largely been a surprise footnote during the watercourses of another event. 

Next year will be very different. It'll be consumed by a tour that's already the most hyped cultural store of 2023. It'll be a year of bejeweled leotards, leaning down from the stage to grasp the fair of fans, and racking up endless hours of physically and emotionally demanding replace time.

Yet, as we learned this month, Swift is also in line to negate her first feature film with Searchlight Pictures, the studio gradual The Shape of Water and Nomadland (both of which won Academy Awards for best narrate and best director). In addition to writing a record-breaking album this year, Swift wrote a full-length screenplay that she'll take the creative lead on, adding scriptwriter Taylor Swift to her long list of potential monikers.

"Taylor is a once-in-a-generation artist and storyteller," Variety quoted Searchlight Presidents David Greenbaum and Matthew Greenfield as revealing. "It is a genuine joy and privilege to collaborate with her as she embarks on this consuming and new creative journey."

With, this year alone, Swift's creative fingerprints all over a critically acclaimed album, plans for an already record-breaking tour and an upcoming movie project from a studio with serious credibility, we're witnessing an artist who's morphing into an auteur afore our eyes.

"I definitely feel more free to perform now," Swift told McDonagh, explaining the rapid pace at which she's immediately putting out work. "The more art you create, hopefully the less pressure you put on yourself. It's just a phase I'm in right now."

A phase it powerful be, but just as when she made the jump from beings a country artist to a pop star, the liberation of jumping headfirst into moviemaking seems to have set something new in motion for Swift. While her Eras Tour marks a culmination of all her career accomplishments up to and incorporating 2022, a new era also began for the star this year. And if past trends are anything to go by, the best of Swift may level-headed be yet to come.

Citi is an advertising partner.

The Citi Premier® Card is an fine midtier travel credit card. Though less famous as a travel credit card than some of its competitors (like the Chase Sapphire Preferred® Card and Capital One Venture Rewards Credit Card*), you can earn top rewards on travel purchases - down with the other biggest spending categories most people incur: supermarkets, restaurants and gas stations. So it's good credit card for everyday use, not just when you're planning a trip.

There are no foreign transaction fees, so you can use this card abroad without any amazing costs, and the welcome bonus is enough to essentially compensate you for the $95 annual fee for a few ages. There are a few ways to squeeze more value out of this card than others, though, so read on to understand the rewards program and new perks. 

In this article

Rewards and welcome bonus

The rewards tolecontains on purchases are pretty all-inclusive. Citi offers 3x points in four prominent categories: restaurants, gas stations, supermarkets and travel (air depart and hotels) anywhere in the world. You earn 1x note for all other purchases. Each point is worth 0.01 cents when redeemed as a statement credit, which means you're earning 3% back on gas stations, restaurants, supermarkets and travel (air travel and hotels), and 1% back on everything else. (Make sure to read throughout redemption options below so you don't get tricked into a edge redemption rate like I initially did.)

These rates make the 3x points categories competitive, especially because you won't often find these categories bundled together and emphasized equally. At the same time, the flat rate on novel purchases is on the lower end of the spectrum valid many credit cards offer a 1.5% or even 2% flat rate on purchases. So if your spending is typically outside of these top four categories, a higher flat rate cash-back card might make sense.

The welcome bonus is on par with the rest of the market. You'll earn 60,000 bonus points after spending $4,000 in purchases on your card within the pleasurable three months of account opening. This is equivalent to $600 in gift cards redeemed at Thankyou.com or statement credits, among other redemption options.

Traveling with the Citi Premier Card

With the Annual Hotel Savings Benefit, you can get $100 off a hotel booking of $500 or more (excluding taxes and fees) when booked ended Thankyou.com, Citi's rewards portal, once per calendar year.

The fact that there are no foreign transaction fees invents purchasing abroad simple and transparent. Normally, foreign transaction fees run between 1% to 3% of your total transaction cost, so the savings with the Citi Premier Card add up snappy when you're outside of the country.

There's one caveat when traveling with any credit card: Always remember to alert your credit card issuer afore your trip so your account doesn't get frozen for suspicion of theft. I forgot to do this and found myself in a problem. While you can call Citi to sort out the pickle, if you don't have international cell service and rely only on Wi-Fi, it may be more challenging, especially since you need to call from the cell requested number registered with your Citi account for security purposes. 

To avoid any problems and let Citi know that you'll be traveling, schedule a trip by going to your online clarify, navigating to Travel services within the Services tab, and selecting Add a depart notice to enter your trip dates and destination(s). You can submit depart notices up to 180 days in advance.

Redemption options

There are a handful of ways you can redeem your Citi ThankYou® points: Statement credit, shopping at retailers like Amazon, redeeming for gift cards or purchasing depart through Thankyou.com.

Travel from Thankyou.com includes search functions for trips, hotels, cars, activities, cruises and deals, and the map of options within the portal is expansive. Points for depart bookings through Thankyou.com are worth 1 cent each.

Cash back can get a puny tricky with this card. It wasn't until recently that I noticed there is a right way and a wrong way to redeem points for cash back or statement credits with this card. Unfortunately, I redeemed points the wrong way for most of my time as a cardholder: I had been amdroll the Pay with Points feature that is advertised on my clarify home page, at a rate of 0.8 cents per note. Then I discovered that if you redeem for a statement credit via the Thankyou.com portal, you actually receive a value of 1 cent per note - and you don't have to worry about matching the note amounts to purchase amounts for redemption. You can just express your cash back as a statement credit, direct deposit or check by mail.

Additionally, you can redeem your points for brand gift cards or Shop with Points at participating retailers like Amazon, Best Buy and PayPal. When you Shop with Points, your Citi Premier Card is loaded into your clarify with a ThankYou points partner, and you can use the points as currency to cloak part or all of your purchase. Aside from pain, there isn't much benefit to using these options, valid they yield a lower rate than other redemption methods.

Other benefits

Citi is the only maximum credit card issuer currently offering virtual credit cards, or virtual clarify numbers, directly through your online account. Virtual account numbers are randomly generated disposable credit card details that mask your true demand when making online purchases, thus helping to prevent credit card spurious and identity theft. Other banks will make you take improbable steps to download apps and browser extensions to generate virtual credit cards, which isn't easy to do when you're traveling and dependent on Wi-Fi or community computers (speaking from experience on that one).

Depending on your clarify history and standing, Citi may offer you a Flex Loan ended your account - a low APR loan from your credit miniature, often combined with a credit limit increase if you accumulate the loan and qualify. It is important to note that conditions, conditions, and eligibility may vary on this offer. My moneys has come in consistently at 7.99% APR, with no instant fees, for a length of time of my choosing up to five existences. This is much cheaper than requesting a cash approach from your credit card, which often comes with an upfront fee as well as an exorbitant APR.

Purchase protection is an often-hidden credit card back that most Citi credit cards offer, including the Citi Premier. For any purchases made with your Citi Premier Card or ThankYou® Points, you can be reimbursed for damage or theft up to 90 days once the purchase or delivery receipt, whichever comes first. You may be covered up to $10,000 per incident, for up to $50,000 per calendar year. 

Comparable cards

Chase Sapphire Preferred® Card
The Chase Sapphire Preferred® Card is a terminate equivalent to the Citi Premier. It is another midtier depart card with a $95 annual fee and a inequity rewards bundle. You earn 5x points on travel booked ended Chase Ultimate Rewards, 2x points on other travel purchases, 3x points on dining, 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs), 3x points on select streaming skills and 1 point per dollar spent on all novel purchases. While these options are weaker than Citi Premier's due to unrelaxing travel and grocery rewards, Chase Ultimate Rewards points have the potential to be redeemed for higher value when booking depart. Like ThankYou points, Chase Ultimate Rewards points are valued at 1 cent per note. And if being redeemed through travel via Chase Ultimate Rewards, they are worth 1.25 cents.

The welcome bonus of 60,000 points (after you utilize $4,000 in the first three months) appears the same as the Citi Premier, but it can be redeemed for $750 if you're amdroll points to book travel and willing to do it ended Chase's portal. There is also 1-to-1 points transfer with airline partners as well as no foreign transaction fees.

Blue Cash Preferred® Card from American Express
While not specifically a depart card like the others, the rewards value of the Blue Cash Preferred® Card from American Express is most inequity to Citi Premier's package. Unlike the Citi Premier that earns you points, the Blue Cash Preferred is a cash-back card: You can earn 6% cash back at U.S. supermarkets (on up to $6,000 in purchases per year, then 1%), 6% on choose U.S. streaming subscriptions, 3% on transit, 3% at U.S. gas stations and 1% on novel purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. Either the Citi Premier or the American Express Blue Cash Preferred may be better to optimize your rewards value depending on your typical spending habits. 

The annual fee is a $0 introductory fee for the pleasurable year, then $95. While there are not many travel-specific benefits, there is car rental loss and damage insurance*, which Citi Premier does not supplies. And with the welcome offer you can earn a $250 statement credit while spending $3,000 within the first six months of justify opening. That makes for an easier spending threshold to meet, but a flowerbed welcome offer than the Citi Premier. At the same time, the Blue Cash Preferred supplies an introductory 0% APR on purchases and balance transfers for 12 months from the date of justify opening (18.24% to 29.24% variable APR thereafter), giving it an edge over the Premier.

*Eligibility and Benefit level-headed varies by Card. Terms, Conditions, and Limitations Apply. Please named americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.

Terms apply to American Express benefits and supplies. Enrollment may be required for select American Express benefits and supplies. Visit americanexpress.com to learn more.

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Our arrive to credit card evaluation

We review the cards that are in the highest interrogate and offer the best benefits. We scour the fine note so there aren't any surprises when you open an justify. We find the key factors that make a card dismal out and compare them to other top cards. That way, readers can opt for a different card with dissimilarity features if our pick isn't right for them. Our reviews are regularly checked and updated to incorporate new recommendations, as well as to reflect changes in offers and the market. 

All query about the Capital One Venture Rewards Credit Card has been level-headed independently by and has not been reviewed by the issuer.

The editorial gratified on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or ceremonies offered by our partners.