Best Rewards Credit Cards for Big Spenders

On tonight's show I was joined by LowCards.com CEO Bill Hardekopf. Below are the best rewards cards he recommends.

Chase Sapphire Preferred* 40,000 points if you spend $3000 during the first three months* 2 points for every dollar spent on dining and travel.* 7% annual bonus on all points you earn during the year* No foreign transaction fee* Annual fee ($95) waived during first year.Blue Cash Preferred from American Express* $150 cash back if you spend $1000 during first three months* 6% cash back on supermarket purchases; 3% on gas and department store purchases; 1% on all other purchases.* $75 annual feeCapital One Venture Rewards* Two miles for every dollar spent.* Good on most every airline.* No foreign transaction fees.* 10,000 bonus miles if you spend $1000 during first three months.* Annual fee ($59) waived during first year.

Chase Freedom* $100 cash back bonus once you spend $500 during the first three months.* 1% back on all purchases; 5% cash back on up to $1500 spent in specific categories each quarter.* No annual feeStarwood Preferred Guest* 10,000 points after your first purchase* No blackout dates* Good on a wide variety of airlines and hotels, not just one chain or carrier* Annual fee ($65) waived during first year

Pen Fed Travel from American Express* 9.99% APR until June 30, 2014* No annual fee* 20,000 bonus points if you spend $650 during first three months.* 5 points on airfare purchases; 1 point on all other purchases.