Best Credit Cards Of 2023: Full Guide

Although a secured credit card can offer some great perks, you need to find the right one before you can start enjoying them. With so many different types of credit cards available, it can be tough to decide which one is right for you and who has the best card membership. Whether you’re hoping to earn points for a dream vacation with a travel card, get cash back on your purchases with a cashback card, or build your credit with a starter or student card, the options are nearly endless. And depending on your needs, you may also want to consider a balance transfer card to pay down debt, or a business card.

There are a lot of different credit cards out there, so how do you know which one is right for you? Keep reading to learn more about the best credit cards and find your match.

Best travel credit cards

Chase Sapphire Preferred® Card

Current Offer: After spending just $4,000 in the first 3 months of account opening, you can earn 60,000 points with this credit card.

Rewards Rate: Chase Ultimate Rewards points can be redeemed for Lyft rides, travel bookings, and other eligible purchases. You’ll earn 5X points on Lyft rides and travel booked through Chase Ultimate Rewards, 3X points on eligible dining and streaming services, 2X points on travel, and 1X points per $1 spent on all other purchases.

What we like about it

Are you someone who loves adventure and exploring new places? Then the Chase Sapphire Preferred® Card could be an option for you. This card offers travelers a generous sign-up bonus, premium travel perks, and a robust rewards program.

The Chase Sapphire Preferred card membership is an option for those who want to earn rewards on their everyday spending. You’ll earn 5X points on Lyft rides and travel booked through Chase Ultimate Rewards, 3X points on eligible dining and select streaming services, and 2X on travel.

On your card anniversary, you will earn bonus points equal to 10% of the total purchases made in the previous year.

Chase Ultimate Rewards Points can be redeemed for travel at a 25% higher value. You can book hotel stays, airfare, and cruises with your points. 

Card Highlights

• After spending $4,000 in the first three months of account opening, you can enjoy 60,000 bonus points.
• Chase Ultimate Rewards points can be redeemed for Lyft rides and travel, dining, select streaming services, and online grocery purchases. Earn 5X points on Lyft rides and travel booked through Chase Ultimate Rewards, 3X points on eligible dining and select streaming services, 2X points on travel, and 1X per $1 spent on all other purchases.

Capital One Venture X Rewards Credit Card

Current Offer: Earn 75,000 miles when you spend $4,000 on purchases in the first three months from account opening

Annual Fee: $395

Rewards Rate: 2X miles per dollar on every purchase, every day; 10X miles on hotels and rental cars booked through Capital One Travel, 10X miles per dollar when you book on Turo through May 16, 2023; and 5X miles on flights booked through Capital One Travel

What we like about it

The Capital One Travel Card allows you to earn 2X miles on every purchase, every day. You can also earn 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through the same service.

You can receive up to $300 in annual travel credits as a cardholder when you book through Capital One Travel. On your account anniversary, you’ll also get 10,000 bonus miles (equal to $100 through Capital One Travel).

As a Venture X cardholder, you can access a vast network of airport lounges worldwide. You can enjoy complimentary and unlimited access to Priority Pass lounges and Capital One Lounges.

This credit card has a variable APR that ranges from 19.99% to 26.99%.

Card Highlights

• As a cardholder, you can enjoy 75,000 bonus miles after you spend $4,000 on purchases within the first three months. This equals $750 in travel savings.
• You can enjoy savings on travel bookings through Capital One Travel. You’ll get up to $300 back annually in statement credit.
• You can earn 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary with them.
• Capital One Travel lets you rack up the rewards with 10X miles on hotels and rental cars booked through their site and 5X miles on flights.
• Get double the miles on all your other purchases using this credit card.
• You and two guests will have free access to 1,400 different lounges, including Capital One Lounges.
• You could be eligible for a $100 credit towards Global Entry or TSA PreCheck®.
• You can use the Venture X miles to cover travel expenses, whether flying, staying in a hotel, or renting a car.

Capital One Venture Rewards Credit Card

Current Offer: Earn 75,000 miles once you spend $4,000 on purchases within three months from account opening

Annual Fee: $95

Rewards Rate:  2X miles per dollar on every purchase, every day; 5X miles on hotels and rental cars booked through Capital One Travel and 5X miles per dollar when you book on Turo through May 16, 2023

What we like about it

With this card membership, you’ll earn rewards with every purchase. Plus, there’s a welcome offer for new cardholders.

As a cardholder, you can enjoy access to Capital One Lounges and Plaza Premium Lounges 2 times per year.

You’ll also earn double miles on every purchase and get up to $100 in statement credit to cover the cost of Global Entry or TSA PreCheck application fees. 

This credit card comes with a current APR of 20.24% to 28.24% (variable).

Card Highlights

• With this credit card, you can earn 75,000 bonus miles after spending just $4,000 on purchases within the first three months of account opening. That’s equal to $750 in travel savings.
• Every day, get 2X the miles on every purchase you make.
• There’s no limit to how many points you can earn; they never expire.
• You could be eligible for a $100 credit towards Global Entry or TSA PreCheck®.
• As a Capital One card membership, you can relax in style at any of the 100 Plaza Premium Lounges worldwide. Just show your card at the door for two complimentary visits per year.
• Capital One Travel offers 5X miles on hotels and rental cars booked through their site. With Capital One’s best prices on thousands of trip options, this is a way to rack up some serious points.
• You can redeem your miles for travel expenses or book a trip through Capital One Travel.
• Transfer your miles to your choice of 15 travel loyalty programs.

Bank of America® Travel Rewards credit card

Annual Fee: $0

What we like about it

Bank of America’s Travel Rewards credit card could be a choice for globetrotters who want to earn rewards while they explore different cultures and countries.

Cardholders can redeem points with no blackout dates and receive a statement credit toward travel and dining purchases. This flexibility means cardholders can use their points however they want without worrying about restrictions.

You’ll always get 1.5X the points on all purchases, no matter where you shop.

Card Highlights

• With this credit card, you’ll rack up unlimited points with every purchase – 1.5 points for every dollar spent. There’s no annual or foreign transaction fee, and your points never expire.
• You could earn up to $250 in statement credit toward travel purchases from a new account opening and spend at least $1,000 within the first 90 days.
• You can book your trip however and wherever you want – you’re not limited to specific websites with blackout dates or restrictions.
• Earn points by using your credit card for travel and dining expenses. Then, use those points to get a statement credit to pay for things like flights, hotels, car rentals, and vacation rentals.
• 0% APR for 18 months on purchases and balance transfers, 0% interest on anything you buy, or any balance transfer you make in the first 60 days. After that, their standard 16.99% – 26.99% Variable APR applies. Plus, there’s no fee for balance transfers made in the first 60 days.
• As a Preferred Rewards member, you can earn up to 75% more points on every purchase. That means that instead of earning 1.5 points for every $1 spent, you could earn up to 2.62 points for every $1 spent on purchases. This program allows you to maximize your rewards and get the most out of your spending.
• Contactless Cards – The security of a chip credit card, with the convenience of a tap.

Citi Premier® Card

Current Offer: Earn 80,000 bonus points after spending $4,000 in the first 3 months from account opening.

Annual Fee: $95

Rewards Rate: 3X points at restaurants, supermarkets, and gas stations, and on air travel and hotels; and 1X points on all other purchases

What we like about it

Applying for a Citi Premier® Card could be a way to earn rewards on your everyday spending and travel-related expenses.

With a card membership you can enjoy a wide range of rewards by redeeming their points, including travel, cash back, gift cards, bill payments, and more.

You can enjoy triple the points when you dine out, go grocery shopping, or fill up your tank. And when you book a flight or hotel stay, you’ll still rack up those rewards.

Card Highlights

• You could earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening.
• 3X points on groceries, gas, and travel; and 1X points on all other purchases

U.S. Bank Altitude® Connect Visa Signature® Card

Current Offer: Earn 50,000 bonus points after spending $2,000 on purchases in the first four months from account opening.

Annual Fee: $95 (waived the first year)

Rewards Rate: 5X points on hotels and car rentals booked through the Altitude Rewards Center; 4X points on travel and gas/EV charging stations; 2X points on grocery stores, grocery delivery, dining, and streaming services; and 1X points on all other eligible purchases

What we like about it

With this card membership, you can get a $30 annual credit for streaming services. You can get up to $100 in statement credits toward your TSA PreCheck or Global Entry application fee (once every four years).

As a member, your spending will net 5X points on hotels and car rentals booked through the Altitude Rewards Center. Traveling and filling up your tank will earn 4X points, while everyday expenses like groceries, dining, and streaming services will rack up 2X points. All other eligible purchases will still get 1X points.

Card Highlights

• Earn 50,000 bonus points after spending $2,000 on purchases in the first four months from account opening.
• Through the Altitude Rewards Cente you get 5X points on hotels and car rentals booked; 4X points on travel and gas/EV charging stations; 2X points on grocery stores, grocery delivery, dining, and streaming services; and 1X points on all other eligible purchases.

The Platinum Card® from American Express

Current Offer: Earn 80,000 Membership Rewards points after spending $6,000 in the first six months from account opening.

Annual Fee: $695

Rewards Rate: 5X points per dollar spent on eligible airfare (on up to $500,000 per calendar year, after that 1X) and eligible hotel purchases, and 1X points per dollar on all other eligible purchases

What we like about it

With The Platinum Card® from American Express, you’ll enjoy travel perks and a rewards rate on eligible purchases. This card is an option for those who want to streamline their next trip and make it exceptional. With a generous welcome offer and access to upscale travel experiences, The Platinum Card® from American Express is the ideal choice for discerning travelers.

With American Express Platinum Card, you can earn 5X points on flights and prepaid hotels booked on Amextravel.com. You can get 1X points on up to $500,000 per calendar year.

With this card, you can enjoy several benefits that make paying its annual fee worthwhile. These include statement credits for airline fees, digital entertainment, Equinox membership, and CLEAR membership. You can also get a $200 hotel credit each year for prepaid bookings at Fine Hotels + Resorts or with Hotel Collection (requires a minimum two-night stay). And when you add a flight to your trip and pay for incidental fees with this card, you could receive up to $200 in statement credits.

As a cardholder, you’ll have access to over 1,200 airport lounges in 130 countries through the American Express Global Lounge Collection. With Gold Status in Marriott Bonvoy and Hilton Honors programs, enjoy valuable benefits like complimentary breakfast, late check-out, and room upgrades at participating properties worldwide.

Card Highlights

• Earn 80,000 Membership Rewards points after spending $6,000 in the first six months from account opening.
• Earn 5X points per dollar spent on eligible airfare and hotel purchases and 1X points per dollar spent on all other eligible purchases.
• Terms apply

Citi® / AAdvantage® Platinum Select® World Elite Mastercard®

Current Offer: Earn 50,000 American Airlines AAdvantage bonus miles after spending $2,500 in the first three months from account opening.

Annual Fee: $99 (waived the first year)

Rewards Rate: 2X miles at gas stations and restaurants and on eligible American Airlines purchases; and unlimited 1X miles on all other purchases

What we like about it

Citi’s AAdvantage Platinum Select World Elite Mastercard is an option for those who frequently fly American Airlines.

As a cardholder, you can enjoy your first checked bag free of charge, preferred boarding, and savings on eligible in-flight purchases.

American Airlines offers double miles at gas stations and restaurants and on eligible American Airlines purchases. You’ll also rack up unlimited one mile per dollar spent on all other purchases.

Card Highlights

• You can earn 50,000 American Airlines AAdvantage bonus miles in the first three months from account opening. after spending $2,500.
• As a cardholder, you’ll earn double miles on gas, restaurant, and American Airlines purchases. All other purchases will earn you unlimited 1X miles. 

Best cashback credit cards

Capital One Quicksilver Cash Rewards Credit Card

Current Offer: Earn $200 cash back after you spend $500 on purchases within 3 months of account opening

Annual Fee: $0

Rewards Rate: 1.5% cash back on every purchase, every day; and 5% cash back on hotels and rental cars booked through Capital One Travel (terms apply)

What we like about it

The Capital One Quicksilver Cash Rewards Credit Card could be a choice for anyone who wants a rewards card without having to worry about rotating spending categories. With this card, you’ll earn 1.5% cash back on every purchase, with no limit on how much you can earn.

With a 0% introductory APR for 15 months on purchases and balance transfers, as well as no annual fee, Capital One’s Quicksilver card could be an option for anyone seeking a new credit card. They currently have a regular APR of 19.24% – 29.24% (variable).

This card has no annual fee and comes with a welcome bonus for new card members. 

Card Highlights

• As an introductory offer, spend $500 in the first three months from account opening to receive a $200 cash bonus.
• Earn unlimited 1.5% cash back on every purchase, every day
• $0 annual fee and no foreign transaction fees
• Get up to 6 months of free Uber One membership credits, valid through 11/14/2024.
• With Capital One Travel, you can book hotels and rental cars and get 5% cashback. 
• With their cash-back rewards program, there’s nothing to sign up for and you’ll never have to worry about expiration dates or limits on how much you can earn
• For 15 months, you’ll pay no interest on purchases and balance transfers. After that, their variable APR will apply.

Bank of America® Customized Cash Rewards credit card

Annual Fee: $0

Why We Like It

This credit card is an option for anyone who loves earning cash back on their everyday purchases. With this card, you can earn customized cash rewards that fit your spending habits.

With this credit card, you can choose to receive 3% cash back on your purchase in one of the following categories: dining, drugstores, gas, home improvement/furnishings, online shopping, or travel. Plus, you’ll get 2% cash back at grocery stores and wholesale clubs (on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter)

As a cardholder, you also get a great introductory APR on purchases and qualifying balance transfers. This makes it easy to manage your finances and keep your account in good standing.

Card Details

• Since account opening and after making at least $1,000 in purchases within the first 90 days, you’ll receive a $200 cash rewards bonus.
• As a cardholder, you’ll enjoy 3% cash back on the type of purchases you make most often. Whether it’s gas, groceries, or something else, you can choose the category that earns you the most rewards. You’ll also get 2% cash back automatically at grocery stores and wholesale clubs.
• If you’re a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase. You could potentially earn up to 5.25% cash back on purchases in your chosen category.
• No annual fee and no expiration on rewards.
• For a limited time, enjoy 0% APR on purchases and balance transfers for 18 billing cycles. Plus, for balances transferred within the first 60 days, they’ll waive the 3% fee. After the intro period ends, variable rates will apply.
• Contactless Cards – The security of a chip card, with the convenience of a tap.

Wells Fargo Active Cash® Card

Current Offer: $200 cash rewards bonus after spending $1,000 in the first 3 months from account opening.

Annual Fee: $0

Rewards Rate: Earn 2% cash rewards on purchases

What we like about it

If you love earning cash rewards but hate the hassle of tracking spending categories the Wells Fargo Active Cash® Card could be an option for you. With this card, you can earn 2% cash rewards on all your purchases – without having to worry about keeping track of different spending categories

The card offers a 0% intro APR on qualifying balance transfers and purchases for 15 months from account opening, then 18.74%, 23.74%, or 28.74% variable APR. Plus, you’ll earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate.

Card Highlights

• Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
• Earn unlimited 2% cash rewards on purchases
• Get a low introductory APR on purchases and balance transfers for the first 15 months your account is open. After that, a variable APR will apply, ranging from 18.74% to 28.74%, depending on your creditworthiness. Balance transfers made within the first 120 days of opening your account will qualify for the intro rate and fee of 3%.
• $0 annual fee
• With a cash rewards credit card, you don’t have to worry about tracking categories or remembering expiration dates. As long as your account remains open, your cash rewards will never expire.
• As a Visa Signature Concierge member, you’ll have access to exclusive benefits and privileges at some of the world’s most prestigious hotels.
• As a Wells Fargo cardholder, you’re eligible for up to $600 in protection against damage or theft to your cell phone. There’s a $25 deductible, but this coverage can save you a lot of money in the long run.

Citi® Double Cash Card – 18-month BT offer

Current Offer: Introductory APR on Balance Transfers: 0% intro APR on balance transfers for 18 months, then 18.49% – 28.49% variable APR after that

Annual Fee: $0

Rewards Rate: Up to 2% cash back on all purchases: 1% as you buy and 1% as you pay for those purchases

What we like about it

With Citi’s Double Cash Card, you can earn cash back on all of your purchases – twice. Earn up to 2% cash back on everything you buy, and another 1% as you pay off your purchase. There’s no need to worry about minimum payments or paying on time – just use your card and enjoy earning cash back.

With this card, you’ll get cash back on all your purchases with no confusing categories, and 0% intro APR on balance transfers for 18 months. Plus, there’s no annual fee. 

Card Highlights

• Up to 2% cash back on all purchases: 1% as you buy and 1% as you pay for those purchases

• Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 18.49% – 28.49%, based on your creditworthiness.

Chase Freedom Unlimited®

Current Offer: Earn an extra 1.5% cash back on all eligible purchases, up to $20,000, in the first year from account opening.

Annual Fee: $0

Rewards Rate: 5% cash back on travel purchased through Chase Ultimate Rewards, 3% cash back on dining and drugstore purchases, and 1.5% cash back on all other purchases

What we like about it

The Chase Freedom Unlimited credit card is a choice for anyone who wants to earn rewards without paying an annual fee. New cardholders can take advantage of the sign-up bonus, which has the potential to be very lucrative.

Chase Ultimate Rewards cardholders can earn 5% cash back on travel and 3% cash back on dining and drugstore purchases. For all other purchases, they can earn 1.5% cash back. Additionally, cardholders can earn 5% cash back on Lyft rides.

This credit card is an option for everyday use. You’ll earn at least 1.5% cash back whenever you shop.

Card Highlights

• Earn an extra 1.5% cash back on all eligible purchases, of up to $20,000, in the first year from account opening.
• Chase Ultimate Rewards offers a great way to save on travel expenses, with a five percent cash back on all purchases. Dining and drugstore purchases earn three percent cash back, and all other purchases earn 1.5% cash back.
• Intro purchase 0% APR offer: 0% for 15 months then 19.24% to 27.99% (variable)
• Their balance transfer offer gives you 0% APR for 15 months, then 17.99% to 26.

Chase Freedom Flex℠

Current Offer: Earn $200 cash back after spending $500 on purchases in the first 3 months from account opening.

Annual Fee: $0

Rewards Rate: 5% on rotating quarterly categories (on up to $1,500 spent) and travel purchased through the Chase Ultimate Rewards portal; 3% at restaurants (including takeout and delivery) and drugstores; and 1% on all other purchases

What we like about it

The Chase Freedom Flex℠ is a credit card that allows you to earn 5% cash back on rotating quarterly categories, including travel purchased through the Chase Ultimate Rewards portal. You can also earn 3% cash back at restaurants and drugstores, and 1% cash back on all other purchases. Each quarter, you can activate a different 5% bonus category, making it easy to maximize your rewards.

The Chase Freedom Flex is a great option for those who want to earn rewards without paying an annual fee. This card offers the potential to earn bonus points in rotating categories, making it a great choice for everyday spending and travel.

With Chase Freedom Flex, you’ll enjoy purchase protection, extended warranty coverage, and cell phone protection

Card Highlights

• Earn $200 cash back after spending $500 on purchases in the first 3 months from account opening.
• Chase Ultimate Rewards cardholders can earn rewards in the form of cashback or points on every purchase they make. Cardholders earn five percent cash back on rotating quarterly categories (on up to $1,500 spent) and travel purchased through the Chase Ultimate Rewards portal. Three percent cash back is earned at restaurants (including takeout and delivery) and drugstores.
• Intro purchase 0% APR offer: 0% for 15 months then 17.99% to 26.74% (variable)
• Intro balance transfer 0% APR offer: 0% for 15 months then 17.99% to 26.74% (variable)

Capital One Savor Cash Rewards Credit Card

Current Offer: Earn a $300 cash bonus after spending $3,000 in the first 3 months

Annual Fee: $95

Rewards Rate: 8% cash back on Capital One Entertainment; 4% cash back on dining, entertainment, and select streaming services; 3% at grocery stores (excluding superstores such as Walmart® and Target®), and 1% cash back on all other purchases

What we like about it

The Capital One Savor Cash Rewards Credit Card is a choice rewards card option specially designed for foodies who spend a lot on dining and entertainment. It has a welcome offer that new card members can take advantage of.

With this credit card, there’s no limit to the number of cash-back rewards you can earn on dining and entertainment expenses. Plus, get 3% cash back at grocery stores (excluding superstores such as Walmart® and Target®).

Gourmands will enjoy access to five-star meals, intimate dinners, and chef-curated cuisine.

Card Highlights

• Earn a $300 cash bonus after spending $3,000 in the first 3 months
• As a Capital One cardholder, you can enjoy eight percent cash back on entertainment purchases. You’ll also earn four percent cash back on dining and entertainment expenses, as well as select streaming services. Three percent cashback is available at grocery stores (excluding superstores such as Walmart® and Target®). All other purchases earn one percent cash back.

Blue Cash Everyday® Card from American Express

Current Offer: Earn up to $250 – earn 20% back in statement credits (up to $150) when using your card to shop at PayPal in the first 6 months, plus earn a $100 statement credit after spending $2,000 in the first 6 months

Annual Fee: $0

Rewards Rate: 3% cash back at U.S. supermarkets, U.S. gas stations, and U.S. online retail purchases (up to $6,000 per year in each category, then 1%); and 1% cash back on other eligible purchases

What we like about it

The Blue Cash Everyday® Card from American Express could be a choice for those with good to excellent credit who want to earn valuable cash back on their most common purchases. With this card, you can earn cash back on your everyday expenses like gas, groceries, and dining out.

As a cardholder, you’ll earn cash-back rewards on your everyday spending. Earn 3% cash back at U.S. supermarkets and gas stations, and 1% cash back on all other eligible purchases. Plus, there’s no annual fee to worry about.

With a 0% intro APR on purchases for 15 months, followed by a competitive 17.74% to 28.74% (variable) APR, our Blue Cash Everyday card could be a choice for financing big-ticket items.

Card Highlights

• With this Credit Card, you can enjoy up to $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months.
• With the Blue Cash Everyday credit card, you’ll earn cash back on every purchase, everywhere you shop. Earn up to 6% cash back at U.S. supermarkets, U.S. gas stations, and U.S. online retail stores.
• Intro purchase 0% APR offer: 0% for 15 months then 18.24% to 29.24% (variable)
• Intro balance transfer 0% APR offer: 0% for 15 months then 18.24% to 29.24% (variable)
• Terms may apply.

Blue Cash Preferred® Card from American Express

Current Offer: Earn a $250 statement credit after spending $3,000 on purchases in the first 6 months

Annual Fee: $95 (waived the first year)

Rewards Rate: 6% cash back at U.S. supermarkets (for first $6,000 per year, after that 1%) and on select U.S. streaming services, 3% cash back at U.S. gas stations and on eligible transit, and 1% cash back on other eligible purchases

What we like about it

The Blue Cash Preferred® Card from American Express is an option for anyone who wants to earn great rewards. You can earn up to 6% cash back in select categories.

As a cardholder, you can earn cash back on your everyday purchases. Earn 6% cash back at U.S. supermarkets (on up to $6,000 per year) and on select U.S. streaming services, 3% cash back at U.S. gas stations and on eligible transit, and 1% cash back on other eligible purchases.

This card comes with a great welcome offer for those who are interested in making large purchases or transferring balances

Card Highlights

• After spending $3,000 in the first 6 months, you’ll get a $250 statement credit.
• As a cardholder, you can earn cash back on your everyday purchases. Earn 3% cash back at U.S. supermarkets (up to $6000 per year) and on select U.S. streaming services, 2% cash back at U.S. gas stations, and 1% cash back on other eligible purchases.
• Intro purchase 0% APR offer: 0% for 12 months then 17.74% to 28.74% (variable)
• Intro balance transfer 0% APR offer: 0% for 12 months then 17.74% to 28.74% (variable)
• Terms apply

Best balance transfer credit cards

Capital One Quicksilver Cash Rewards Credit Card

Current Offer: Earn $200 cash back after you spend $500 on purchases within 3 months of account opening

Annual Fee: $0

Rewards Rate: 1.5% cash back on every purchase, every day; and 5% cash back on hotels and rental cars booked through Capital One Travel (terms apply)

What we like about it

The Capital One Quicksilver Cash Rewards Credit Card is a choice for anyone who wants a rewards card without having to worry about rotating spending categories. With this card, you’ll earn 1.5% cash back on every purchase – with no limit on how much you can earn.

With a Capital One Quicksilver card, you can enjoy 0% APR on purchases and balance transfers for 15 months. After that, you’ll still get a competitive APR of 17.99% to 27.99% (variable). And there’s no fee for balances transferred within those first 15 months.

This card has no annual fee and comes with a welcome bonus for new card members. 

Card Highlights

• They offer a $200 cash bonus to new members who spend $500 within the first three months.
• You’ll earn 1.5% cash back on every purchase, every day. Plus, there are no annual fees or foreign transaction fees.
• Get up to 6 months of free Uber One membership fair credit, valid through 11/14/2024.
• Capital One Travel offers 5% cash back on hotels and rental cars. With thousands of trip options available. Terms apply
• No rotating categories or sign-ups are needed to earn cash rewards; plus, cash back won’t expire for the life of the account and there’s no limit to how much you can earn
• You can get a deal on your purchase and balance transfers with their introductory offer of just a 3% fee for the first 15 months. After that, their variable APR will apply, ranging from 19.24% to 29.24%.

Citi® Double Cash Card – 18-month BT offer

Current Offer: Introductory APR on Balance Transfers: 0% intro APR on balance transfers for 18 months, then 18.24% – 28.24% variable APR after that.

Annual Fee: $0

Rewards Rate: Up to 2% cash back on all purchases: 1% as you buy and 1% as you pay for those purchases

What we like about it

Citi’s Double Cash Card is a way to earn cash back on all of your purchases. You can earn up to 2% cash back on everything you buy, and another 1% as you pay off your purchase. 

This credit card offers a way to earn cash back on all of your purchases, with no confusing categories or annual fees. You’ll also enjoy a 0% intro APR on balance transfers for 18 months, then a variable APR of 18.24%-28.24%.

Card Highlights

• Introductory APR on Balance Transfers: For a limited time, enjoy 0% intro APR on balance transfers. After that, your APR will be 18.24% – 28.24% variable, depending on your creditworthiness.
• You can get cash back on all your purchases, 2% for every purchase you make.
• 0% APR balance transfer offer: 0% interest for 18 months, then 18.24%-28.24 (variable).

Citi Simplicity® Card

Current Offer: Long introductory APR period on balance transfers

Annual Fee: $0

What we like about it

With Citi Simplicity, you can get a deal on your balance transfers and purchases. For 21 months, you’ll enjoy 0% interest on balance transfers. And for 12 months, you’ll get 0% interest on purchases. After that, your regular APR will apply.

Cardholders can save money with this card since there are no late fees, penalty fees, or annual fees. 

Card Highlights

• Long introductory APR period on balance transfers
• Get 0% APR for 12 months on your introductory purchase, then rates will be 18.49% to 29.24%
• 0% Intro APR for 21 months on balance transfers from the date of the first transfer and 0% Intro APR for 12 months on purchases from the date of account opening. After that, the variable APR will be 18.49% – 29.24%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
• Stay protected with Citi(R) Quick Lock.

Citi Custom Cash℠ Card

Current Offer: Earn $200 cash back after spending $1500 on purchases in the first 6 months

Annual Fee: $0

Rewards Rate: 5% cash back in your top eligible spending category each billing cycle (up to the first $500 spent, and then 1% cash back after that), plus unlimited 1% cash back on all other purchases

What we like about it

You’ll earn 5% cash back on your top spending category each billing cycle, up to $500 (then 1% after that), plus unlimited 1% cash back on all other purchases. So it could be a way to get flexible cash rewards and also pay down any existing credit card debt over time.

The Citi Custom Cash Card offers a 0% introductory APR on balance transfers and purchases for 15 months, you can save money on interest payments.

Card Highlights

• Earn $200 cash back after spending $1500 on purchases in the first 6 months
• As a cardholder, you’ll enjoy a competitive interest rate and cash-back rewards on your spending. Each billing cycle, you’ll earn cashback in your top eligible spending category, up to the first $500 spent.
• Intro  0% APR offer – 0% interest for 15 months, then 18.49% to 28.49%.
• 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 18.49% – 28.49%, based on your creditworthiness.

Chase Slate Edge℠

Current Offer: Intro APR on balance transfers and purchases for the first 18 months

Annual Fee: $0

What we like about it

With Chase Slate Edge℠, you can transfer balances and enjoy a low-interest rate on your card. This makes it a choice for anyone who wants to save money on their credit card bill.

With this card, you can enjoy a 0% introductory APR on balance transfers and purchases for the first 18 months. After that, you will be automatically considered for a reduction in your regular APR. You could potentially reduce your rate by 2% simply by paying on time and spending at least $1,000 per card anniversary year.

Paying your credit card bills on time and spending at least $500 within the first six months of becoming a cardholder will automatically trigger a review for a possible credit limit increase.

Card Highlights

• You can get 0% APR on balance transfers and purchases for the first 18 months with this credit card.
• Intro purchase 0% APR offer: 0% for 18 months then 19.24% to 27.99% (variable)
• Intro balance transfer 0% APR offer: 0% for 18 months then 19.24% to 27.99% (variable)

Citi® Diamond Preferred® Card

Current Offer: Long introductory APR period for balance transfers

Annual Fee: $0

What we like about it

Citi’s Diamond Preferred Card is a financing option for large purchases or for paying down existing credit card debt over time.

As a cardholder, you can enjoy intro rates on both purchases and balance transfers. For the first 12 months from when you open your account, you’ll have a 0% APR on purchases. And for the first 21 months from when you make your first balance transfer, you’ll also have a 0% APR on balance transfers.

It has a very low introductory APR and no annual fee. This makes it an affordable option for people who want to keep their credit card costs down.

Card Highlights

• Long introductory APR period for balance transfers
• Intro purchase 0% APR offer: 0% for 12 months then 17.49% to 28.24% (variable)
• 0% Intro APR for 21 months on balance transfers from the date of the first transfer and 0% Intro APR for 12 months on purchases from the date of account opening. After that, the variable APR will be 17.49% – 28.24%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.

Citi Rewards+® Card

Current Offer: Earn 20,000 points after spending $1,500 on purchases in the first 3 months (plus, earn 5X points at restaurants, up to $6,000 in the first 12 months, then 1X points thereafter)

Annual Fee: $0

Rewards Rate: 2X points at supermarkets and gas stations on the first $6,000 in purchases per year (and then 1X points thereafter), and 1X points on all other purchases

What we like about it

With Citi Rewards+, you can earn points on every purchase you make. 

As a cardholder, you’ll earn twice the points at supermarkets and gas stations on the first $6,000 in purchases each year. After that, you’ll earn one point for every dollar spent.

Purchases made with this card will be rounded up to the nearest 10 points, making it ideal for smaller purchases. So whether you spend $1 or $9 on an item, you’ll still earn 10 points.

As a Citi Rewards+ card member, you can enjoy benefits like an introductory offer on new purchases and balance transfers, a welcome offer, and no annual fee. Plus, you’ll earn rewards points on every purchase you make.

Card Highlights

• After spending just $1,500 in the first 3 months, you can start earning 20,000 points with this credit card. You’ll also get 5X points at restaurants for the first 12 months 
• With this credit card, you’ll earn 2X points at supermarkets and gas stations on the first $6,000 in purchases per year. After that, you’ll continue to earn 1X points on all other purchases.
• Intro purchase 0% APR offer: 0% for 15 months then 17.99% to 27.99% (variable)
• 0% Intro APR on balance transfers for 15 months from the date of the first transfer and on purchases from the date of account opening. After that, the variable APR will be 17.99% – 27.99%, based on your creditworthiness. There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).

U.S. Bank Visa® Platinum Card

Current Offer: Long introductory APR period on purchases and balance transfers

Annual Fee: $0

What we like about it

Visa® Platinum Credit Card from U.S. Bank could be a choice for consumers seeking a card with a long-term 0% APR introductory offer.

With this card, you’ll get 0% APR on new purchases and balance transfers for 18 billing cycles. After that, the APR will be 18.24% to 28.24% (variable). There’s no annual fee, so this may be an option for those who want to save money.

Card Highlights

• The credit card offers a 0% APR on purchases and balance transfers for the first 18 months.
• Intro purchase 0% APR offer: 0% for 18 billing cycles then 18.24% to 28.24% (variable)
• Intro balance transfer 0% APR offer: 0% for 18 billing cycles then 18.24% to 28.24% (variable)

Best credit cards for building credit

Chase Freedom® Student credit card

Current Offer: Earn 5,000 points (worth $50 cash back) if you make at least one eligible purchase in the first 3 months after opening your account

Annual Fee: $0

Rewards Rate: 1% cash back for each $1 spent

What we like about it

There are a few things to consider when choosing a credit card, especially as a student. The Chase Freedom® Student credit card could be an option for those who want to build credit without sacrificing perks.

As a cardholder, you could be eligible to receive $20 in Good Standing Rewards every year for up to five years – with no annual fee. Requirements must be met.

You can get 1% cash back on all your purchases.

Card Highlights

• After opening your credit card account, you can start earning rewards by making just one eligible purchase within the first three months. With this, you can receive $50 cash back by using your credit card.
• As a customer, you’ll earn one percent cash back on every dollar you spend.

Petal® 2 “Cash Back, No Fees” Visa® Credit Card

Current Offer: Reports to all three major credit bureaus

Annual Fee: $0

Rewards Rate: Unlimited 1% cash back on purchases; after 6 on-time payments, earn 1.25% cash back; after 12 on-time payments, earn 1.5% cash back

 

What we like about it

Petal 2 Visa is a credit card for people who are trying to improve their credit score. With Petal 2, you can earn rewards while building your credit history.

As long as 12 of your payments are made on time, all future purchases will come with a 1.5% cash-back reward. In addition, there are no annual fees, late payment fees, or foreign transaction fees.

Card Highlights

• This company provides credit reporting services to all three of the major credit bureaus.
• As long as you make your payments on time, you’ll earn 1% cash back on all purchases. After six on-time payments, that rate goes up to 1.25%.

Capital One Quicksilver Student Cash Rewards Credit Card

Current Offer: Earn $50 Cash Back when you spend $100 in the first three months.

Annual Fee:$0

Rewards Rate: Unlimited 1.5% cash back on every purchase, every day; 10% cash back on purchases made through Uber & Uber Eats (through 11/14/2024); plus unlimited 5% cash back on hotels and rental cars booked through Capital One Travel

What we like about it

As a cardholder, you’ll earn 1% cash back on all purchases with no limit. After making 6 on-time payments, your cash-back rate will increase to 1.25%.

This card is a choice for students traveling abroad, as it comes with no foreign transaction fees on their purchases. Cardholders also get automatic consideration for a higher credit line after 6 months.

Card Highlights

• Receive $100 cash back after you spend $100 within the first 3 months of opening your account.
• With the Capital One® Cash Back Card, you’ll earn an unrestricted 1.5% cash back on every purchase, every day. Plus, you’ll get 10% cash back on all Uber and Uber Eats purchases through 11/14/2024.

Capital One Quicksilver Secured Cash Rewards Credit Card

Current Offer: 1.5% cash back on every purchase, every day

Annual Fee: $0

Rewards Rate: Unlimited 1.5% cash back on every purchase, every day; plus unlimited 5% cash back on hotels and rental cars booked through Capital One Travel

What we like about it

Capital One’s Quicksilver Secured Cash Rewards Credit Card is an option for those trying to improve their credit score. As you use this card responsibly, your credit limit will gradually increase. Eventually, you may even be able to qualify for an unsecured Capital One credit card.

With this credit card, you’ll earn 1.5% cash back on every purchase – every day. Plus, there are no annual fees and no foreign transaction fees.

Card Highlights

• Every purchase you make gets you cash back (1.5%).
• With the Capital One Cash Rewards credit card, you’ll earn 1.5% cash back on every purchase, every day. Plus, you’ll earn 5% cash back on hotels and rental cars booked through Capital One Travel.

Best business cards

Ink Business Premier℠ Credit Card

Current Offer: Earn $1,000 bonus cash back after spending $10,000 on purchases in the first 3 months

Annual Fee: $195

Rewards Rate: 5% cash back on travel purchases made through Chase Ultimate Rewards; 2.5% cash back on purchases of $5,000 or more; 2% cash back on all other business purchases.

What we like about it

The Ink Business Premier℠ Credit Card offers Increased spending power, competitive rewards for business spending, and travel benefits. This card comes with a new design and enhanced features to help business owners manage their finances and earn rewards on business-related purchases.

The Flex for Business benefit allows you to spread the cost of certain purchases over time with interest. This can be a way to manage your finances and keep your business running.

As a cardholder, you can earn an unlimited 2.5% cash back on all purchases of $5,000 or more. For all other business purchases, you’ll earn 2% cash back. When it comes to travel, the Ink Business Premier offers an unlimited 5% cash back on travel purchases made through Chase Ultimate Rewards. Plus, there are no foreign transaction fees and several travel protections that include primary rental car collision insurance and roadside dispatch.

With Ink Business Premier, you can also get additional employee cards at no extra cost. This way, you can keep track of spending and increase rewards earnings. Plus, when you pay your monthly cell phone bill with this card, you’ll get cell phone coverage for yourself and each employee listed on your bill (up to $1,000 per claim, max 3 claims per year, $100 deductible per claim).

Card Highlights

• In 3 months, spend $10,000 on purchases and get a $1,000 bonus cash back.
• Chase Ultimate Rewards offers a cash-back program for business purchases. Travel purchases earn a 5% cash back rebate, while purchases of $5000 or more earn a 2.5% cash back rebate.

Ink Business Preferred® Credit Card

Current Offer: Earn 100,000 points after spending $15,000 in the first 3 months

Annual Fee: $95

Rewards Rate: 3X points on the first $150,000 spent each year on travel, shipping, internet, cable, or phone services, and advertising purchases with social media and search engines; and 1X points per $1 on everything else.

What we like about it

The Ink Business Preferred Credit Card could be a choice of rewards card offering benefits to business owners. It offers a sign-up bonus, a valuable rewards program, and flexible redemption options.

You’ll earn 3X Chase Ultimate Rewards points on the first $150,000 spent each year on categories like travel, shipping, internet, cable, and phone services. Plus, you’ll also get rewards on advertising purchases made through social media and search engines.

The  card comes with travel benefits, including trip cancellation and interruption insurance, primary car rental insurance, and cell phone protection

Card Highlights

• After spending $15,000 in the first 3 months, you will automatically receive 100,000 points.
• You can get 3X points on the first $150,000 spent each year on travel, shipping, internet, cable, or phone services, and advertising purchases with social media and search engines; and also 1X points per $1 on other things.

Ink Business Cash® Credit Card

Current Offer: Earn $900 bonus cash back after spending $6,000 in the first 3 months (limited time offer)

Annual Fee: $0

Rewards Rate: 5% cash back at office supply stores and on internet, cable, or phone services (up to $25,000 combined annually); 5% cash back on Lyft; 2% cash back at gas stations and restaurants (up to $25,000 combined annually); and 1% cash back on everything else

What we like about it

This could be an option for freelancers, independent contractors, or small business owners who need a business card that offers valuable rewards There is no annual fee for this card.

No Employer Identification Number (EIN) is required to apply.

You’ll earn 5% cash back at office supply stores and internet, cable, or phone services (up to $25,000 combined annually). As a cardholder, you’ll also earn 2% cash back on gas and restaurant purchases.

Card Highlights

• You cant get a $900 bonus cash back after you spend $6,000 in the first 3 months (
• You can earn 5% cash back at office supply stores and on internet, cable, or phone services (up to $25,000 combined annually). You can also earn cash back on Lyft rides and gas station or restaurant purchases (up to $25,000 combined annually)
• Get 0% APR financing on your purchase for 12 months, then rates will adjust to 17.49%-23.49% (variable).

Ink Business Unlimited® Credit Card

Current Offer: Earn $900 bonus cash back after spending $6,000 in the first 3 months (limited time offer)

Annual Fee: $0

Rewards Rate: 1.5% cash back on all spending

What we like about it

This card is ideal for business owners who want a straightforward rewards card with easy-to-earn sign-up bonuses and flat rewards structures on all purchases. Plus, there’s no annual fee. With its introductory APR offer on purchases, this card can help you save money too.

Every purchase will give cash back at a rate of 1.5%.

With a 0% introductory APR, this card could be a choice for making a large purchase for your business. You will have 12 months to pay off the balance without accruing any interest charges. Afterward, the APR will be 17.49% to 23.49% (variable).

Card Details

• Spend $6,000 in the first 3 months and get a $900 bonus cash back.
• 1.5% cash back on all spending
• Use this credit card to get 0% APR for 12 months on your purchases, then a variable rate of 16% to 22%

Southwest® Rapid Rewards® Performance Business Credit Card

Current Offer: 80,000 points after you spend $5,000 in the first 3 months

Annual Fee: $199

Rewards Rate: 4X points on Southwest purchases; 3X on Rapid Rewards hotel and car partners; 2X on local transit and commuting, rideshare, social media and search engine advertising, internet, cable, and phone services; and 1X on everything else.

What we like about it

Southwest Airlines Rapid Rewards Performance Business Credit Card is an option for budget-conscious business owners who travel frequently for work.

This card offers a sign-up bonus for new cardmembers, a rewards rate on Southwest Airlines purchases, and extra perks to enhance your travel experience.

Each year on your cardmember anniversary, you’ll receive 9,000 bonus points. This is in addition to the regular points you earn from making purchases. These bonus points can help you achieve Southwest A-list status or earn a Companion Pass.

Card Details

• You’ll earn eighty thousand points after you spend five thousand dollars in the first three months with this credit card.
• With the Southwest Rapid Rewards® Plus Credit Card, you’ll earn 4X points on all your Southwest purchases. You’ll also earn 3X points on Rapid Rewards hotel and car partners, 2X points on local transit and commuting, rideshare, social media and search engine advertising, and internet, cable, and phone services.

American Express Blue Business Cash™ Card

Current Offer: Earn a $250 statement credit after spending $3,000 on purchases in the first 3 months

Annual Fee: $0

Rewards Rate: 2% cash back on the first $50,000 in eligible purchases each year, then 1% after that.

What we like about it

The American Express Blue Business Cash™ Card is an option that offers many rewards without any expensive fees. This could work for busy business owners who don’t want to worry about different spending categories.

 You’ll earn 2% cash back on the first $50,000 in eligible purchases each year, then 1% after that.

This also could be an option for large purchases.

Card Highlights

• Get a $250 statement credit when you spend $3,000 in the first 3 months.
• You can get 2% cash back on the first $50,000 in eligible purchases each year, then 1% after that
• 0% APR introductory offer: 0% interest for 12 months, then 17.74% to 25.74%
• Terms apply

The Blue Business® Plus Credit Card from American Express

Current Offer: Earn 15,000 Membership Rewards points after spending $3,000 on purchases in the first 3 months

Annual Fee: $0

Rewards Rate: 2X Membership Rewards points on everyday eligible business purchases up to $50,000 each year, and 1X points on eligible purchases after that.

What we like about it

This Card from American Express offers rewards and earning incentives on business-related purchases with no annual fee.

As a cardholder, you can create employee cards, designate an account manager, and receive a complete year-end summary each year. 

As a business owner, you can maximize your rewards by earning 2X Membership Rewards points on everyday eligible purchases up to $50,000 each year. After that, you’ll still receive 1X points on eligible purchases.

Card Highlights

• You can earn 15,000 Membership Rewards points after spending $3,000 on purchases in the first 3 months of using.
• As a business owner, you can earn double Membership Rewards points on your everyday eligible purchases, up to $50,000 each year. After that, you’ll still earn 1 point for every eligible dollar spent.
• 0% APR financing for 12 months on new purchases. After that, your APR will be 16.
• Terms apply

CitiBusiness® / AAdvantage® Platinum Select® Mastercard®

Current Offer: Earn 65,000 American Airlines AAdvantage bonus miles after spending $4,000 in the first 4 months

Annual Fee: $99 (waived the first year)

Rewards Rate: Earn 2X miles per dollar on all eligible American Airlines purchases and on purchases in select business categories (telecommunications, cable, satellite, car rental, gas), and 1X miles on other purchases

What we like about it

Businesses that frequently fly American Airlines and have high travel expenses can benefit from having CitiBusiness® / AAdvantage® Platinum Select® Mastercard®. Cardholders get perks like a free first-checked bag and preferred boarding.

You can now double your miles on all American Airlines purchases, as well as in select business categories such as telecommunications, cable, satellite, car rental, and gas. 

Card Highlights

• You can earn 65,000 American Airlines AAdvantage bonus miles after spending $4,000 in the first 4 months
• As an American Airlines customer, you can double your miles per dollar spent on select business purchases including telecommunications, cable, satellite, car rental, and gas.

Delta SkyMiles® Gold Business American Express Card

Current Offer: Earn 75,000 Bonus Miles after spending $3,000 in purchases on your new Card in your first 3 months of Card Membership. The offer ends on 3/29/23.

Annual Fee: $99 (waived the first year)

Rewards Rate: 2X miles per $1 spent on purchases at Delta, restaurants, eligible U.S. shipping, and eligible advertising in select media; 1X miles per $1 on all other eligible purchases.

What we like about it

If you frequently fly with Delta Air Lines then this could be an option for you. With it, you can earn points towards free flights and other perks.

As a cardmember, you’ll enjoy benefits like your first checked bag free, 20% in-flight savings on eligible purchases, and no foreign transaction fees.

As a Delta SkyMiles credit cardholder, you can enjoy 2X miles per $1 spent on purchases with Delta, at restaurants, and for eligible shipping and advertising in select media.

Card Highlights

• As an introductory offer, spend $2,000 in the first 3 months to receive 50,000 bonus miles.
• As a Delta cardholder, you can earn 2X miles per dollar spent on purchases at Delta, restaurants, and eligible U.S. shipping and advertising outlets. You’ll also earn 1X mile per dollar on all other eligible purchases.
• Terms apply

The Hilton Honors American Express Business Card

Current Offer: Earn 130,000 Hilton Honors Bonus Points after you spend $3,000 in purchases on the Hilton Honors Business Card in the first 3 months of Card Membership.

Annual Fee: $95

Rewards Rate: 12X Hilton Honors Bonus Points on direct purchases with Hilton; 6X at U.S. gas stations, cell phone services from U.S. providers, U.S. shipping purchases, U.S. restaurants, flights booked directly with airlines or Amex Travel, and select car rentals; and 3X on all other eligible purchases.

What we like about it

For business travelers who want to enjoy generous benefits, Hilton Honors American Express Business Card could be an option.

As a cardholder, you’ll enjoy complimentary Hilton Honors Gold Status, an 80% bonus on all Base Points, space-available room upgrades, and more. With your Gold Status, you’ll have access to benefits like daily food and beverage credits or continental breakfast at participating properties worldwide.

Hilton Honors members can enjoy 12X the points on direct purchases with Hilton, 6X at U.S. gas stations, cell phone services from U.S. providers, U.S. shipping purchases, U.S.

Card Highlights

• Hilton Honors is offering a 130,000-point bonus for spending $5,000 in the first 3 months. You’ll also get a free night’s stay after spending $10,000 in the first 6 months.
• Hilton Honors members can earn 12x points on direct purchases with Hilton, 6x points at U.S. gas stations and restaurants, 3x points on flights booked directly with airlines or Amex Travel, and 1x points on all other eligible purchases.
• Terms apply

American Express® Business Gold Card

Current Offer: Earn 70,000 Membership Rewards points after spending $10,000 in the first 3 months

Annual Fee: $295

Rewards Rate: 4X Membership Rewards points for the first $150,000 spent in two select categories each year (after that 1X), and 1 point per $1 spent on other eligible purchases.

What we like about it

Business owners who are seeking a rewards credit card with t travel perks will find the American Express® Business Gold Card to be an option.

The Business Platinum Card from American Express has a great welcome offer for new cardmembers. You can earn valuable rewards on some of your most common business expenses, including 4X points per $1 spent on two select categories (up to $150,000 annually). 

When you book your flight with American Express Travel and pay with Membership Rewards Points, you’ll get 25% of those points back, up to 250,000 points per year.

Card Highlights

• After spending $10,000 in the first three months, you will automatically receive 70,000 Membership Rewards points.
• As a member, you’ll earn 4X points on your first $150,000 spent in two select categories each year. After that, you’ll earn 1 point per $1 spent on other eligible purchases.
• Terms apply

The Business Platinum Card® from American Express

Current Offer: Earn 120,000 Membership Rewards points after spending $15,000 on eligible purchases in the first 3 months

Annual Fee: $695

Rewards Rate: 5X points on flights and prepaid hotels on Amextravel.com; 1.5X points on eligible purchases at U.S. suppliers of construction materials and hardware, U.S. retailers of electronic goods, U.S. providers of shipping, software and cloud systems, and eligible purchases of $5,000 or more (up to $2 million per year, then 1X); and 1X points per $1 spent on all other eligible purchases.

What we like about it

For business owners who are always on-the-go, American Express offers a Platinum Card that comes with benefits. With this card, you can get points for every purchase you make and redeem them for travel, merchandise, or gift cards. You can also use your points to cover travel expenses like airfare and hotels.

As a card member, you can earn welcome bonuses and rewards just for using your card. You’ll earn 5X points per $1 spent on flights and prepaid hotels when you book through Amextravel.com. And on all other eligible purchases, you’ll get 1X points per $1 spent. You can also earn 1.5X points per $1 spent on eligible purchases of $5,000 or more (up to $2 million per year) at U.S. suppliers of construction materials and hardware, U.S. retailers of electronic goods, and U.S. providers of shipping, software, and cloud systems!

As a Centurion cardholder, enjoy access to airport lounges around the world, including the American Express Global Lounge Collection, Delta Sky Club, and Priority Pass Select. Plus, each year receive up to $200 in airline fee credits to use towards charges incurred with your chosen airline.

Card Highlights

• After you spend just $15,000 on eligible purchases in your first 3 months, you’ll automatically start earning 120,000 Membership Rewards points.
• You can get 5X points on flights and prepaid hotels on Amextravel.com; 1.5X points on eligible purchases at U.S. suppliers of construction materials and hardware, U.S. retailers of electronic goods, U.S. providers of shipping, software and cloud systems, and eligible purchases of $5,000 or more (up to $2 million per year, then 1X); and 1X points per $1 spent on all other eligible purchases
• Terms apply

Capital One Spark Cash Plus

Current Offer: Earn up to $1,000 cash bonus — $500 after spending $5,000 in the first 3 months, plus $500 after spending $50,000 in the first 6 months

Annual Fee: $150

Rewards Rate: 2% cash back on every purchase, every day; plus 5% cash back on hotels and rental cars booked through Capital One Travel.

What we like about it

For those wanting to earn cash back on their purchases, Capital One Spark Cash Plus could be an option. This charge card has no preset spending limit, giving you flexibility as your business expands.

The cardholders can request free employee cards and also redeem cash-back rewards at any time.

Every purchase you make earns you 2% cash back, every day.

Card Highlights

• Get a $1,000 cash bonus by spending just $5,000 in the first 3 months. Plus, get an additional $500 bonus after you spend $50,000 in the first 6 months.
• As a Capital One cardholder, you’ll earn two percent cash back on every purchase you make. Plus, you’ll get five percent cash back on hotels and rental cars booked through Capital One Travel.

Capital One Spark Miles for Business

Current Offer: Earn 50,000 miles after spending $4,500 in the first 3 months

Annual Fee: $95 (waived the first year)

Rewards Rate: 5X miles on rental cars and hotels booked through Capital One Travel, and 2X miles on every purchase, every day.

What we like about it

This card offers business owners a straightforward, rewards program with options for redeeming rewards.

As a cardholder, you can request free employee cards, generate expense summaries, and benefit from no foreign transaction fees. 

With Capital One Travel, you can rack up 5X the miles on rental cars and hotels. Plus, you’ll get 2X the miles on every purchase made – no blackouts, seat restrictions, or minimums to redeem rewards.

Card Highlights

• After spending $4,500 in the first 3 months, you could be earning 50,000 miles.
• As a Capital One cardholder, you can earn double the miles on rental cars and hotels booked through Capital One Travel. You’ll also earn 2X miles on every purchase, every day.

United℠ Business Card

Current Offer: Earn 75,000 bonus miles after spending $5,000 on purchases in the first 3 months

Annual Fee: $99 (waived the first year)

Rewards Rate: 2X miles on United purchases and dining (including eligible delivery services), at gas stations, office supply stores, and on local transit and commuting; and 1X miles on everything else.

What we like about it

With valuable rewards and travel benefits, this card is an option for business travelers who fly United regularly. 

The United Business card is the way to earn rewards on your everyday business expenses. You’ll earn 2X miles on United purchases and dining, gas stations, office supply stores, and local transit and commuting. Plus, you’ll earn 1X miles on all other purchases.

With the United Business card, you’ll get a $100 travel credit for making seven United flight purchases of $100 or more in a year. Plus, on your cardmember anniversary, you’ll get two free one-time passes to the United Club airport lounge.

You and your travel companions will be able to board the plane first when you fly United. You can also check one bag for free, as well as your companion’s bag when you pay for your flight using your card.

Card Highlight

• You could be earning 75,000 bonus miles after three months of using this credit card.
• For every dollar you spend on United purchases and dining (including eligible delivery services), gas stations, office supply stores, and local transit and commuting, you’ll earn 2 miles. You’ll earn 1 mile for every other dollar you spend.

How to choose the best credit card

When it comes to picking the right credit card, there are six main factors you should consider.

1. Credit score and credit history

Your credit score is one of the most important pieces of information that a lender will look at when considering whether to give you a loan. An excellent credit score means you’re a low-risk borrower, which could lead to a lower interest rate on your loan.  FICO scores typically use these ranges:

• Excellent: 800 to 850
• Very good: 740 to 799
• Good: 670 to 739
• Fair: 580 to 669
• Poor: 300 to 579

There are credit cards available for people with all different kinds of credit scores. Whether your score is good, fair, or poor, there is a credit card out there for you. There are also options for people who have no credit history at all. No matter your financial situation, there is a credit card that can work for you.

2. Welcome offers

With so many offers available, it can be hard to know which one is right for you. Rewards credit cards typically come with welcome offers for new cardmembers. These offers vary, but they often follow the format of giving you bonus rewards for spending on the applicable card within certain months of signing up.

For example, with the Chase Sapphire Preferred Card, you can earn 60,000 points after spending just $4,000 on purchases in the first 3 months.

When comparing credit cards, it’s important to consider the value of any sign-up bonuses on offer. A higher bonus can make a big difference, so be sure to compare them before making a decision. In general, the card with the better sign-up offer is likely the better choice..

3. Types of rewards

Credit card rewards come in many different forms, such as points, miles, or cash back. Each type of reward has its own advantages and disadvantages, so it’s important to choose the one that best suits your needs. For example, points and miles are often best suited for people who prefer to redeem rewards for travel expenses like flights or hotel stays. Cash back is usually a better option for those who don’t need travel redemptions and would rather save money on everyday expenses.

4. Rewards categories

There are different types of rewards that you can earn, and you can earn them in different ways:

• Flat-rate rewards: You earn the same rewards rate on every purchase.
• Bonus categories: You earn more rewards on specific purchases.
• Rotating categories: You earn more rewards on specific purchases at certain times of the year.

A flat-rate rewards card is a great choice for people who want simplicity and fewer items in their wallets. With this type of card, there is no need to keep track of different spending categories – everything earns the same rate of rewards.

When it comes to spending, everyone has different habits. Some people like to splurge on luxuries while others are more frugal. However, most people’s spending typically falls into certain categories such as groceries and gas. Having a credit card that offers more rewards in these bonus categories can provide more value for your money.

A credit card with rotating bonus categories could be a good option for you, depending on your spending habits. With this type of card, the bonus categories often coincide with common expenses. So using this card regularly could help you rack up reward points on everyday purchases throughout the year.

5. Annual fees

Different credit cards have different annual fees. While a card with an annual fee may have more benefits, you must weigh the cost of the fee against the value of the benefits to decide whether it is worth it for you.

Both credit cards with annual fees and no-annual-fee cards have their pros and cons. It really depends on your specific situation as to which type of card would be more beneficial for you.

6. Interest and other fees

Credit cards can be helpful in an emergency, but they are not meant to be used for long-term debt. Carrying a balance on your credit card means you will have to pay interest on the amount you owe, and making late payments can result in fees. It’s important to be aware of a credit card’s interest rate and other fees before using it.

There are many benefits to having a low-interest credit card, especially when it comes to making large purchases or paying down existing balances. A 0% intro APR on purchases unlimited complimentary access or balance transfers can help you avoid interest charges, saving you money in the long run.

Callout box: When choosing a credit card, you should consider the payment network it uses. For example, Visa and Mastercard are accepted worldwide, but Amex is not as globally accepted.

5 types of credit cards

There are many different types of credit cards available from various companies. Some people use them to meet specific financial goals, while others simply use them for everyday purchases.

Would you like to earn rewards in the form of cashback, points, or miles? With some cards, you can earn a welcome bonus after spending a certain amount within a few months of account opening. Others may have an annual fee that you can pay over time.

When trying to decide which credit card is right for you, consider these five primary categories:

1. Travel credit cards

There are many different types of credit cards on the market, each offering different benefits and rewards. Among these, traveler’s credit cards are becoming increasingly popular for their ability to help save on common expenses related to trips and vacations. By earning points or miles with every purchase, cardholders can quickly rack up enough to cover flights, hotels, rental cars, and more.

Travel benefits vary by card, but could include:

• Airport lounge access
• Travel credit
• Elite status with a loyalty program such as Hilton Honors or Marriott Bonvoy

There are many benefits to using a travel credit card, such as earning rewards that can be redeemed for travel expenses or getting access to exclusive travel perks.

2. Cashback credit cards

Cashback credit cards are a great way to earn rewards without keeping track of points or miles. With these cards, you can simply earn cash back on your everyday purchases. This could include:

• Statement credits
• Deposits into a linked bank account
• Mailed checks

A cashback credit card is a great choice for anyone who prefers to earn cash back over points or miles.

3. Balance transfer

Credit cards that offer a 0% intro APR on balance transfers can be a way to save on interest costs. By transferring your debt to a new card with a promotional offer, you can avoid paying interest on your outstanding balances for a set period of time. This can give you the opportunity to pay down your debt more quickly, without having to worry about accruing additional interest charges.

You will usually have to pay a balance transfer fee when you do a balance transfer, even when you have an intro APR offer.

There are many reasons to choose a balance transfer credit card. Perhaps you need some time to pay off debt without worrying about interest charges. Maybe your current card has a high APR and balance transfer offers can help save on interest.

4. Credit cards for building credit

It is important to note that not all cards will be available to those with little to no established history. In general, building up your financial history and improving your score is possible with most any type of card, provided you use it responsibly.

Although it may be difficult to get approved for a traditional credit card, there are other options available that may be a better fit for your needs. Secured credit cards, as well as other cards that don’t have strict credit requirements, can help you build your credit score and qualify for better credit products down the road. These types of cards may not come with high credit limits or many benefits, but they can still be useful in helping you establish your financial history.

Credit cards are a great way to build credit, but it’s important to choose the right secured credit card for your needs. There are many different types of credit cards available, so be sure to compare offers and find the best card for your situation.

5. Business cards

Small businesses can benefit from using a business credit card specifically for their expenses. While there are some similarities between a personal and a business credit card, the latter often comes with additional perks that can be useful for businesses. These can include rewards and benefits related to running a company.

When you use a secured credit card for your small businesses, you may be wondering how this will affect your personal credit score. Fortunately, in most cases, using a credit card for your small businesses will have little impact on your personal credit score. However, it’s important to keep in mind that you often need a decent credit score to qualify for many business cards.

As a small business owner, it’s important to keep your personal and business expenses separate. A business card can help with that, and also comes with perks specifically for businesses. So it could be a choice for anyone in that situation.

FAQs

Does getting a credit card hurt my credit?

There are two ways in which opening a secured credit card can have a negative impact on your credit score:

1. When you apply for a loan, the lender will check your credit reports with a hard inquiry. This can cause your credit score to drop slightly.
2. Having multiple credit cards can actually lower your average age of credit accounts, and potentially harm your credit score. Having just one new credit card can decrease the average age of all your credit accounts, thereby potentially harming your credit score.

Inquiries into your credit report will stay there for two years, but they will only affect your score for one of those years.

How often should you pay with a credit card to build credit?

It’s important to use your credit card every month and not just when you need to make a large purchase. This helps build your credit and a good payment history and keeps your account active, both of which are important factors in your overall score.

Bottom line

When it comes to credit cards, there is no one-size-fits-all solution. It all depends on your individual preferences and financial goals. That’s why it’s important to compare multiple cards before choosing one.