As a senior, having a credit card boosts your financial health and well-being and allows you to make the most of your post-retirement life. Having said that, not all credit cards are created equal. You need to buy a credit card that best reflects your particular financial needs. Here is a rundown of three senior-friendly credit card companies that offer great senior deals.

The Citi® Double Cash Card

This card is hands down the best one for cash-back opportunities and rewards. It’s a low-hassle card that allows you to earn rewards on your purchases and keeps a track of all rewards categories. There are two key advantages to buying this card. One, unlike others on the market, this card doesn’t have an annual fee which cuts into your rewards. Two, its rewards structure is easy to understand and well-organized. You earn 2 percent cash back on all purchases which you can redeem for a check, direct deposit, or statement credit.

The Fidelity® Rewards Visa® Signature Card

If your financial goal is to boost your retirement savings, the Fidelity® Rewards Visa Signature Card allows you to earn cashback and rewards that you can deposit in a variety of eligible Fidelity accounts. The option of depositing rewards in retirement accounts, HSAs, and college savings accounts don’t just boost savings. It also allows you to contribute to other financial goals you may have – such as a grandchild’s college fund. This card is only available to seniors who have a Fidelity account. The Fidelity® Rewards Visa Signature Card does not have an annual fee.

The Simmons Visa® Card

Maybe getting rewards or cashback isn’t a priority for you. Maybe you want to get a card that has a low Annual Percentage Rate. That’s perfectly acceptable. The Simmons Visa® Card has a below-average APR (8.25 percent compared to other credit cards which carry APR in the mid-teens) and no annual fee. This allows you to keep interest charges at a minimum.

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