5 Best Credit Cards for Seniors and Retirees in 2022

5 Best Credit Cards for Seniors and Retirees in 2022
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Choosing the right credit card as a senior or retiree can sometimes be tricky. There are many options available, and it’s essential to find one that offers the best benefits for your current needs. Unfortunately, those needs and our preferences change as we age, so the card that was our ideal fit in our twenties or thirties is probably not the best fit for us today. This article will highlight five of the best credit cards for seniors and retirees in 2022. I’ll also explain why these cards stand out from the competition. So whether you’re looking for a new card to add to your stack or just starting to plan for retirement, read on for my top picks.

#1 Best Travel Credit Card for Retirees: Chase Sapphire Preferred Card

If we were to do a poll asking all of America’s retirees or soon-to-be retirees what the top ten items on their bucket list are, traveling around the world or, at the very least, visiting another country is almost sure to be high on the list. But unfortunately, many people either don’t have the money or the time to travel as much as they would like when they’re young, so they always leave fulfilling that dream for their golden years. If that is your case and you plan to travel frequently in retirement, perhaps to visit your children or grandchildren or simply to be a tourist in a faraway land, then having a good travel rewards credit card is a must.
Travel rewards cards are great for people who love to travel, obviously. But they’re also great for retirees and seniors who might not be able to travel as often as they’d like. Why? Because most travel cards offer valuable perks and benefits that can save you a ton of money on your travels if used correctly.

Key Perks

The Chase Sapphire Preferred Card is one of the best travel cards out there, and it’s an ideal choice for seniors and retirees who love to explore the world. The first significant perk is a whopping 60,000 points welcome bonus after spending $4,000 on purchases from account opening in the first three months. This bonus alone is worth anywhere from $600 to $750, depending on how you redeem them.
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