Whether you’re shopping online or paying a bill online, credit cards have become part of your day to day life. They have made it easier and more convenient to make and receive payments. There are plenty of them for you to choose. With the numerous number of options, it becomes a challenge to choose the right credit card for your needs. You could be looking for credit cards offering great cash back rewards or travel rewards, or even airline rewards. You could also be looking for a credit card provider who can accept your bad credit score. In that case, you will want a credit card which gives you a chance to rebuild your credit status. No matter what you’re looking, there is always a credit card suitable for you.
Some of the things to take into consideration when choosing a credit card are rewards, perks, annual fee as well as interest rate offered. They go a long way into determining the cost you will incur to hold the card and even tell the overall benefit you will derive from it. Here is a compiled list of some of the best credit cards you can find in the market today.
- American Express’s Blue Cash Preferred
This is one of the best choices if you’re looking for cashback rewards. You will only need to spend $1,000 during the first three months and get awarded a $250 bonus statement credit. With Blue Cash Preferred, you will get 6% cashback rewards at United States supermarkets for purchases totaling up to $6,000. What’s more, the rewards are distributed across the places you’re likely to spend more at including 3% cashback at U.S. gas stations, 6% cashback on select few US TV as well as music streaming services, 3% cashback on ground transportation, as well as 1% on everything else. You will get rewards for even spending on grocery and if you maximize on the grocery rewards, you can earn up to $60. However, you will incur $95 annual fee and it is subject to regular APR after the twelve-month 0 percent introductory.
- Chase Sapphire Preferred
With 60,000 bonus points pay out on spending $4,000 within the first three months starting from the time of opening your account, this credit card is one of the best you can ever find in the market. You can redeem up to $750 from the 60,000 points using the Chase Ultimate Rewards portal.
For every dollar you will spend on dining and traveling purchases, you earn two points. Additionally, you earn one point for every dollar spent on all other various purchases. You will get 25 percent more if you redeem using Chase Ultimate Rewards. It is subject to regular APR between 18.24% and 25.24% variable. You will also part with $95 for annual fee.
- Gold Delta SkyMiles
On spending a minimum of $2,000 within three months from the time of account opening, you earn 60,000 bonus miles. Additionally, you will get a $50 statement credit after making a Delta purchase with your credit card within the first three months.
For every dollar you spend on Delta purchases, you will earn two miles and for every dollar you spend on all other card purchases, you earn one mile. You will also not pay any fee on the first checked bag and also receive Main Cabin one priority boarding. Gold Delta SkyMiles is subject to APR of between 17.99% and 26.99% variable along with $95 annual fee. You will, however, not be charged annual fee in the first year. Additionally, you will not incur any foreign transaction fee.
- Capital One Savor Rewards Credit Card
You will receive $300 cash bonus on spending $3,000 on purchases with your Capital One Savor Rewards Credit Card within the first three months of opening your account. Additionally, you will continuously earn unlimited 4% cashback on entertainment and dining. You will also earn 8% cashback on Vivid Seats tickets, 2% cashback on grocery purchases, as well as 1% on all other purchases.
To get use this credit card, you should have a good credit. However, if you qualify for the credit card, you will enjoy a couple of other benefits including price protection, longer warranty protection, 24-hour travel assistance, as well as complimentary concierge services. It is subject to the regular APR of between 16.74% and 25.74% variable. In the first year, you will get $95 annual fee.
- Ink Business Preferred
On spending $5,000 on purchases within the first three months of opening your account, you will earn 80,000 bonus points with Ink Business Preferred credit card. The credit card is most suitable for businesses. On redeeming the 80,000 points, you will get up to $1,000 for travel.
On the first $150,000 spent on specific categories, you will earn three points for every dollar. Some of the business categories include internet, shipping, travel, phone, cable, and other purchases. All other purchases will attract earnings of one point per dollar without limits. You can earn 25% more with your points if redeemed for certain categories including cruises, rentals, hotels, and airfare. Ink Business Preferred cards are subject to an APR of between 18.24% and 23.24% variable. You will part with $95 annually for fees and you won’t incur any foreign transaction fee.
- USAA Rate Advantage Visa Platinum Card
This credit card has one of the lowest APR you can ever find in the market. It is one of the rare credit cards which offers the lowest interest rates. However, the catch is that you must be a member of the military or an immediate relative of a member of the military to qualify for USAA Rate Advantage Visa Platinum Card. You will enjoy 0% promotional period for six months before being subjected to between APR of between 9.15% and 26.15% variable with a few exceptions. You will also enjoy 0 annual fees. However, you will incur fees on balance transfers as well as cash advances up to 3%. An officer in active duty will get a 4% APR on existing balance until after completion of active duty. In case of a deployment, your card will be subject to a 4% APR on all balances for the first one year. The same case also applies to when you changed a station permanently. You will not be charged annual fees. However, you will incur charges in balance transfers as well as cash advances all the way up to 3%.