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The Gift That Keeps on Giving This Valentine's Day, According to Creditnet.com

NEW YORK, NY -- (Marketwired) -- 02/05/14 -- Love is in the air this February, but it comes at a price. For consumers who don't have a lot of money to spend, Valentine's Day can be a very expensive holiday. According to last year's Consumer Reports, the average American spent $130.97 on Valentine's Day. This year, that number is expected to increase. However, there are ways to have a romantic and special evening while saving money. By using rewards credit cards, consumers can earn points and cash back rewards while ensuring that their loved ones have a Valentine's Day experience they won't forget.

Today, Creditnet.com announced the best credit card rewards for Valentine's Day. To create their ranking, they looked at factors such as rewards programs, cash back options, dining and entertainment specials, introductory offers, and customer reviews. According to their findings, here are the best credit card rewards for Valentine's Day 2014:

Blue Cash Preferred Card from American Express

The Blue Cash Preferred Card from American Express has an excellent cash back program that can help consumers get the most back from their Valentine's purchases. Cardholders can earn 6% cash back on up to $6000 per year in purchases at US supermarkets, 3% at US gas stations and select US department stores, and 1% on all other purchases. Cash back is received in Reward Dollars that can be redeemed as a statement credit. In addition, card members can get 100 Reward Dollars and 1 free year of Amazon Prime Membership when they make $1000 in purchases with their card in the first 3 months. As an Amazon Prime member, you get unlimited free 2 day shipping on millions of items. They also offer 0% intro APR on purchases and balance transfers for 15 months.

Discover it

Like the Blue Cash Preferred Card from American Express, Discover it is an excellent card to use for Valentine's Day. Their generous cash back program offers 5% cash back on up to $1500 in rotating categories (currently restaurant and movie purchases) and 1% cash back on all other purchases. There are no annual fees, overlimit fees, or foreign transaction fees, and Discover it offers 0% intro APR on purchases and balance transfers for 14 months. Discover's Cashback Concierge service allows cardholders to speak with excellent customer service regarding their cash back anytime. In addition, Discover it offers a free FICO credit score on all monthly statements.

Barclaycard Rewards MasterCard - Average Credit

The Barclaycard Rewards MasterCard - Average Credit card rounds off Creditnet's list of the best rewards cards to use for Valentine's Day. Cardholders can earn 2 points for every $1 spent on gas, grocery, and utility purchases and 1 point per $1 everywhere else. Members can use the points they earn like cash to pay for almost any purchases made. There are no blackout dates, redemption fees, or limits on the points you can earn, and cardholders can earn 2500 points after their first purchase or balance transfer. Furthermore, there is 0% intro APR on purchases and balance transfers for 6 months and a complimentary FICO score for all cardmembers.

By using these credit cards, you can get the most out of Valentine's Day for you and your loved one. For more information regarding rewards credit cards, access Creditnet here: http://www.creditnet.com/credit-cards/Reward/General_Rewards

About Creditnet:

Creditnet is an authority credit card comparison site that offers innovative comparison tools to help users find the best credit card for their needs. In addition, the Creditnet Credit Talk Forum is a community of over 100,000 members that discuss credit cards, credit, debt, and credit repair daily.

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Alice Bryant
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