The Best Credit Cards of 2019

Bankrate does the research to help you compare today’s best credit cards and top credit card offers, from travel and cash back to business and balance transfers. We focus on the features that matter: rewards programs, affordable APR, welcome offers and more. Choose a category below and find your best credit card today.

credit card zero-interest category Top 0 Interest Cards

Best for 0% APR period and unlimited cash back

Capital One Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Capital One's secure website

Capital One® Quicksilver® Cash Rewards Credit Card

Rewards Rate:
Earn unlimited 1.5% cash back on every purchase, every day
Welcome Offer:
$150 after you spend $500 on purchases within 3 months from account opening
Annual Fee:
$0
Purchase Intro APR:
0% intro on purchases for 15 months
Balance Transfer Intro APR:
0% intro on balance transfers for 15 months
Regular APR:
15.74% - 25.74% (Variable)

Card Details

  • One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign-ups 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
  • 0% intro APR on purchases for 15 months; 15.74%-25.74% variable APR after that
  • 0% intro APR on balance transfers for 15 months; 15.74%-25.74% variable APR after that; 3% fee on the amounts transferred within the first 15 months
  • Pay no annual fee or foreign transaction fees
Terms and Restrictions Apply

credit card balance-transfer category Top Balance Transfer Cards

Best for balance transfer with straightforward rewards

Capital One Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Capital One's secure website

Capital One® Quicksilver® Cash Rewards Credit Card

Rewards Rate:
Earn unlimited 1.5% cash back on every purchase, every day
Welcome Offer:
$150 after you spend $500 on purchases within 3 months from account opening
Annual Fee:
$0
Purchase Intro APR:
0% intro on purchases for 15 months
Balance Transfer Intro APR:
0% intro on balance transfers for 15 months
Regular APR:
15.74% - 25.74% (Variable)

Card Details

  • One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign-ups 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
  • 0% intro APR on purchases for 15 months; 15.74%-25.74% variable APR after that
  • 0% intro APR on balance transfers for 15 months; 15.74%-25.74% variable APR after that; 3% fee on the amounts transferred within the first 15 months
  • Pay no annual fee or foreign transaction fees
Terms and Restrictions Apply

Best for larger debt consolidations

Citi Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Citi's secure website

Citi Simplicity® Card

Annual Fee:
$0
Purchase Intro APR:
0% for 12 months on Purchases
Balance Transfer Intro APR:
0% for 21 months on Balance Transfers
Regular APR:
16.24% - 26.24% (Variable)

Card Details

  • No Late Fees, No Penalty Rate, and No Annual Fee... Ever
  • 0% Intro APR on balance transfers for 21 months from date of first transfer. All transfers must be completed in first 4 months. After that, the variable APR will be 16.24% - 26.24%, based on your creditworthiness.
  • 0% Intro APR on purchases for 12 months from date of account opening. After that, the variable APR will be 16.24% - 26.24%, based on your creditworthiness.
  • If you transfer a balance with this offer, after your 0% Intro purchase APR expires, both new purchases and unpaid purchase balances will automatically accrue interest until all balances, including your transferred balances, are paid in full
  • The standard variable APR for Citi Flex Plan is 16.24% - 26.24%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
  • Stay protected with Citi® Quick Lock and $0 liability on unauthorized charges
Terms and Restrictions Apply

credit card rewards category Top Rewards Cards

Best for your first rewards credit card

Chase Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Chase's secure website

Chase Freedom Unlimited®

Rewards Rate:
Earn unlimited 1.5% cash back on all purchases
Welcome Offer:
Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
Annual Fee:
$0
Purchase Intro APR:
0% Intro APR on Purchases for 15 months
Balance Transfer Intro APR:
0% Intro APR on Balance Transfers for 15 months
Regular APR:
16.74% - 25.49% Variable

Card Details

  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn unlimited 1.5% cash back on all purchases.
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.74-25.49%.
  • 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5.
  • No annual fee
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
Terms and Restrictions Apply

Best for earning on everyday spending

Citi Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Citi's secure website

Citi Rewards+℠ Card

Rewards Rate:
Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Earn 1X Points on All Other Purchases.
Welcome Offer:
Earn 15,000 bonus points after you spend $1,000 in purchases with your card within 3 months of account opening; redeemable for $150 in gift cards at thankyou.com
Annual Fee:
$0
Purchase Intro APR:
0% intro for 15 months on Purchases
Balance Transfer Intro APR:
0% intro for 15 months on Balance Transfers
Regular APR:
14.99% - 24.99% (Variable)

Card Details

  • The Citi Rewards+℠ Card - the only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap.
  • Earn 15,000 bonus points after you spend $1,000 in purchases with your card within 3 months of account opening; redeemable for $150 in gift cards at thankyou.com
  • 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 14.99% - 24.99%, based on your creditworthiness.
  • Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X Points on All Other Purchases.
  • The standard variable APR for Citi Flex Plan is 14.99% - 24.99%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
Terms and Restrictions Apply

credit card travel category Top Travel Cards

Best for flexible travel redemption options

Capital One Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Capital One's secure website

Capital One® Venture® Rewards Credit Card

Rewards Rate:
Earn 2X miles on every purchase, every day.
Welcome Offer:
50,000 miles once you spend $3,000 on purchases within 3 months from account opening
Annual Fee:
$0 intro for first year; $95 after that
Purchase Intro APR:
N/A
Balance Transfer Intro APR:
N/A
Regular APR:
17.49% - 24.74% (Variable)

Card Details

  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn 2X miles on every purchase, every day.
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 12 leading travel loyalty programs
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Named ‘The Best Travel Card' by CNBC, 2018
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that
Terms and Restrictions Apply

credit card cash-back category Top Cash Back Cards

Best for earning cash back with no annual fee

Capital One Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Capital One's secure website

Capital One® SavorOne® Cash Rewards Credit Card

Rewards Rate:
Earn unlimited 3% cash back on dining and entertainment Earn 2% at grocery stores Earn 1% on all other purchases
Welcome Offer:
$150 after you spend $500 on purchases within 3 months from account opening
Annual Fee:
$0
Purchase Intro APR:
0% intro on purchases for 15 months
Balance Transfer Intro APR:
0% intro on balance transfers for 15 months
Regular APR:
15.74% - 25.74% (Variable)

Card Details

  • Earn a one-time $150 cash bonus after you spend $500 on purchases within the first 3 months from account opening
  • Earn unlimited 3% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases
  • No rotating categories or sign-ups 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
  • 0% intro APR on purchases for 15 months; 15.74% - 25.74% variable APR after that
  • 0% intro APR on balance transfers for 15 months; 15.74% - 25.74% variable APR after that; 3% fee on the amounts transferred within the first 15 months
  • No foreign transaction fee
  • No annual fee
Terms and Restrictions Apply

Best cash back card for families

American Express Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On American Express's secure website

Blue Cash Preferred® Card from American Express

Rewards Rate:
6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%) 6% Cash Back on select U.S. streaming subscriptions 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more 3% Cash Back at U.S. gas stations 1% Cash Back on other purchases
Welcome Offer:
$250 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months
Annual Fee:
$95
Purchase Intro APR:
0% on purchases for 12 months
Balance Transfer Intro APR:
0% on balance transfers for 12 months
Regular APR:
14.49%-25.49% Variable

Card Details

  • Earn a $250 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • New 6% Cash Back on select U.S. streaming subscriptions.
  • New 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more.
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases.
  • Over 3 million more places in the U.S. started accepting American Express® Cards in 2017 and 2018.
  • Low intro APR: 0% for 12 months on purchases and balance transfers, then a variable rate, currently 14.49% to 25.49%
  • $95 annual fee.
  • Terms Apply.

credit card business category Top Business Cards

Best for flat-rate business rewards

Capital One Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Capital One's secure website

Capital One® Spark® Cash for Business

Rewards Rate:
Earn unlimited 2% cash back for your business on every purchase, everywhere, no limits or category restrictions.
Welcome Offer:
Limited Time Offer: Earn up to $2,000 in cash bonuses. Earn a $500 cash bonus when you spend $5,000 in the first 3 months and earn $1,500 when you spend $50,000 in the first 6 months of your account opening.
Annual Fee:
$0 intro for first year; $95 after that
Purchase Intro APR:
N/A
Balance Transfer Intro APR:
N/A
Regular APR:
18.74% (Variable)

Card Details

  • Limited Time Offer: Earn up to $2,000 in cash bonuses
  • Earn a $500 cash bonus when you spend $5,000 in the first 3 months and earn $1,500 when you spend $50,000 in the first 6 months of your account opening
  • Earn unlimited 2% cash back for your business on every purchase, everywhere, no limits or category restrictions
  • $0 annual fee for the first year; $95 after that
  • Free employee cards, which also earn unlimited 2% cash back on all purchases
  • $0 Fraud Liability if your card is lost or stolen
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • No foreign transaction fees
Terms and Restrictions Apply

credit card student category Top Student Cards

Best overall student card

Discover Image

Recommended Credit Score

No Credit History

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Discover's secure website

Discover it® Student Cash Back

Rewards Rate:
Earn 5% cash back in rotating categories each quarter like gas stations, grocery stores, restaurants, Amazon.com and more, up to the quarterly maximum each time you activate. Earn 1% unlimited cash back on all other purchases – automatically.
Welcome Offer:
Discover will match all the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
Annual Fee:
$0
Purchase Intro APR:
0% for 6 months
Balance Transfer Intro APR:
10.99% for 6 months
Regular APR:
14.49% - 23.49% Variable

Card Details

  • Intro Offer: Discover will match all the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • Good Grades Rewards: $20 statement credit each school year your GPA is 3.0 or higher for up to the next 5 years.
  • No annual fee. No late fee on first late payment. No APR change for paying late.
  • Get 100% U.S. based customer service & get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Freeze It® on/off switch for your account that prevents new purchases, cash advances & balance transfers in seconds.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
  • 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 14.49% - 23.49%.

credit card excellent-credit category Top Cards for Excellent Credit

Best for flexible redemptions

Chase Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Chase's secure website

Chase Sapphire Preferred® Card

Rewards Rate:
2X points on travel and dining at restaurants worldwide 1 point per dollar spent on all other purchases
Welcome Offer:
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
Annual Fee:
$95
Purchase Intro APR:
N/A
Regular APR:
17.74% - 24.74% Variable

Card Details

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Terms and Restrictions Apply

credit card good-credit category Top Cards for Good Credit

Best for flat-rate cash back

Citi Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Citi's secure website

Citi® Double Cash Card

Rewards Rate:
Earn cash back twice. Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
Annual Fee:
$0
Purchase Intro APR:
N/A
Balance Transfer Intro APR:
0% intro for 18 months on Balance Transfers
Regular APR:
15.49% - 25.49% (Variable)

Card Details

  • Earn cash back twice. Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
  • To earn cash back, pay at least the minimum due on time.
  • Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 15.49% – 25.49%, based on your creditworthiness.
  • Click "Apply Now" to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases.
  • Balance Transfers do not earn cash back.
  • The standard variable APR for Citi Flex Plan is 15.49% – 25.49%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
Terms and Restrictions Apply

credit card fair-credit category Top Cards for Fair Credit

Best for a starter cash back card

Capital One Image

Recommended Credit Score

Fair to Good (580 - 740)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Capital One's secure website

Capital One® QuicksilverOne® Cash Rewards Credit Card

Rewards Rate:
Earn unlimited 1.5% cash back on every purchase, every day
Annual Fee:
$39
Purchase Intro APR:
N/A
Balance Transfer Intro APR:
N/A
Regular APR:
26.99% (Variable)

Card Details

  • Earn unlimited 1.5% cash back on every purchase, every day
  • Earn cash rewards without signing up for rotating categories
  • Get access to a higher credit line after making your first 5 monthly payments on time
  • Monitor your credit profile with the CreditWise® app, free for everyone
  • $0 fraud liability if your card is ever lost or stolen
  • No limit to how much cash back you can earn, and cash back doesn't expire for the life of the account
  • Help strengthen your credit for the future with responsible card use
  • Get customized alerts and manage your account with the Capital One mobile app
Terms and Restrictions Apply

credit card bad-credit category Top Cards for Poor Credit

Best secured card with rewards

Discover Image

Recommended Credit Score

No Credit History

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Discover's secure website

Discover it® Secured

Rewards Rate:
2% cash back at gas stations and restaurants on up to $1,000 in combined purchases every quarter, automatically. Earn unlimited 1% cash back on all other purchases.
Welcome Offer:
We automatically match all the cash back you've earned at the end of your first year.
Annual Fee:
$0
Purchase Intro APR:
N/A
Balance Transfer Intro APR:
10.99% for 6 months
Regular APR:
24.49% Variable

Card Details

  • No Annual Fee, earn cash back, and build your credit with responsible use.
  • It's a real credit card. You can build a credit history with the three major credit bureaus. Generally, debit and prepaid cards can't help you build a credit history.
  • Establish your credit line by providing a refundable security deposit of at least $200 after being approved. Bank information must be provided when submitting your deposit.
  • Automatic reviews starting at 8 months to see if we can transition you to an unsecured line of credit and return your deposit.
  • 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases every quarter, automatically. Plus, earn unlimited 1% cash back on all other purchases.
  • Get 100% U.S. based customer service & get your free Credit Scorecard with your FICO® Credit Score
  • Intro Offer: We automatically match all the cash back you've earned at the end of your first year.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.

credit card no-credit-history category Top Cards for No Credit History

Best for strengthening your credit with responsible use

Capital One Image

Recommended Credit Score

Fair to Good (580 - 740)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Capital One's secure website

Capital One® Platinum Credit Card

Annual Fee:
$0
Purchase Intro APR:
N/A
Balance Transfer Intro APR:
N/A
Regular APR:
26.99% (Variable)

Card Details

  • Pay no annual fee
  • Get access to a higher credit line after making your first 5 monthly payments on time
  • Fraud coverage if your card is lost or stolen
  • Use online banking to access your account, even from your smartphone, with our mobile app
  • Pay by check, online or at a local branch, all with no fee - and pick the monthly due date that works best for you
  • Get access to your account 24 hours a day, 7 days a week
  • Help strengthen your credit for the future with responsible card use
Terms and Restrictions Apply

Find the credit card you’ve been looking for

The right credit card can play an important role in helping you achieve your financial goals responsibly. But how do you sift through the hundreds of credit cards and offers available on today’s market?

Bankrate is here to help.

Do you want to earn cash back on everyday purchases? Upgrade your travel experience with valuable rewards and perks? Manage different kinds of consumer debt? Build credit for you or the young adults in your family? Whatever your objective might be, Bankrate’s expert analysis of leading offers from our credit card partners can guide you in the right direction.

Our experts evaluate top cards in all the major categories — including rewards, cash back, travel and business — and narrow down the list to a select few.

A complete guide to choosing and using credit cards

What are credit cards, and why should you get one?

A credit card is a payment method that serves as a line of credit and lets you make purchases now while paying for them later. Unlike cash, you don’t pay upfront. Unlike checks or debit cards, you don’t pay with money that you’ve already deposited into an account.

Credit cards are usually issued by banks and financial services companies. According to the American Bankers Association, the number of open credit card accounts in the United States has reached an estimated 370 million. Statistics from the Federal Reserve Bank of San Francisco show credit cards as the preferred method of payment for 29% of Americans.

When credit cards are used responsibly and to their full potential, they can make it easier to pay off large purchases over time, help you earn rewards that can be redeemed for cash back or travel discounts, build up or repair your credit score and more.

What makes a great credit card offer?

Here are the main features you should look at to determine which cards will offer you the best overall value, usefulness and convenience.

Rewards programs

Easily one of the most important card features we look at is how cardholders can earn rewards — and use — rewards. Different rewards programs cater to different spending habits and lifestyles, and how the card’s rewards system is set up is a large factor in determining which card is right for you. The features we look for include generous rewards programs and easy, flexible redemption options.

The method for earning rewards usually involves a percentage of the money spent. Examples include:

  • Flat-rate — A card that earns 1% cash back for every dollar spent on any eligible purchase
  • Tiered rates — A card that offers a higher rewards percentage for specific types of purchases, such as groceries, gas or travel expenses
  • Rotating bonus categories — A card that earns a higher rate on different kinds of purchases that change during the calendar year, usually quarterly (every three months)

APR (annual percentage rate)

APR represents the interest that a credit card issuer charges you if you carry a balance. Typically, issuers have a variable APR range (17.49% – 24.74% with the Capital One® Venture® Rewards Credit Card, for example). The rate you qualify for will depend on your creditworthiness and other factors.

Each month, you have the opportunity to pay a minimum payment, your full balance or an amount in between. While most cards don’t require you to pay off your balance in full each month, it’s the only way to avoid paying interest fees on your purchase.

We made our selections for best credit cards based in part on the affordability of each card’s APR.


What’s the current credit card interest rate?

Bankrate estimates the three-month trend for variable credit card interest rates at 17.47% as of November 13. Rates continue their downward trend following a series of Federal Reserve cuts that began earlier in the year.


Annual fee

Some credit cards require cardholders to pay an annual fee as the cost for holding the card. Typically, the higher the annual fee, the more value the card offers in regard to rewards, bonuses, perks and other benefits.

Annual fees vary by card and issuer. The typical range for annual fees can go anywhere from $50 to $500, but $99 fees are fairly common.

However, a number of high-quality cards don’t charge an annual fee. It might be easier than you think to find a no annual fee credit card that offers lucrative rewards and useful perks. This page includes a mix of both annual fee cards and no annual fee cards.

Perks and benefits

Each credit card on the market offers a set of perks for cardholders. A top-tier travel card might offer benefits such as:

  • Airport lounge access
  • Trip insurance
  • Travel credits
  • TSA PreCheck or Global Entry application fee credits

On the other hand, cash back credit cards might be more likely to offer access to presale tickets, retail discounts and special deals available through the issuer’s online shopping mall.

Balance transfer and 0% intro APR

If you’re looking to reduce debt, a balance transfer credit card can help you save hundreds or even thousands of dollars on interest payments. You can transfer debt from an existing credit account, usually a credit card but sometimes other types of debt, to a balance transfer card and begin paying it off at a lower interest rate. Many balance transfer cards offer a temporary period when you’ll pay no interest, called a 0% intro APR offer.

In some cases, a card may offer 0% intro APR for purchases, balance transfers or both. If you need to make a big purchase, such as a home appliance, you could use a 0% intro offer to pay it off gradually during the introductory period without interest charges. Once the intro period ends, however, the APR will change to the card’s regular variable range.

Sign-up bonus/welcome offer

One incentive issuers often use to get you to apply for a credit card is offering a sign-up bonus, sometimes called a welcome offer. After spending a certain amount within a set period of time (typically within the first 3 months after you open an account), cardholders receive a one-time bonus in the form of points, miles, statement credits or cash back.

Although sign-up bonuses can be lucrative, signing up for multiple credit cards only to cancel after you’ve earned the bonus is problematic. So-called churning can lead a lowered credit score. Also, some credit card issuers have tightened up their rules on applications to discourage the practice.

How we score and review Bankrate’s top credit cards

The most important factors in determining the score for our top picks include:

  • Rewards programs
  • APR
  • Introductory 0% APR offers
  • Balance transfer options
  • Credit-building potential
  • Fees

Every card that we highlight has been rated on a scale of 1-5 stars. You can find more information about each card by clicking on the card names to read our in-depth credit card reviews.

Choosing the right credit card

There’s no such thing as a one-size-fits-all credit card. The good news is that there is an abundance of cards to choose from, whether you’re looking to boost your credit score, earn cash back rewards or save up points and miles to fund your next vacation.

Rewards continues to be the top credit card feature that consumers look at when choosing a credit card, according to research by credit card service company Total System Services (TSYS).

Rewards as top credit card feature:

  • 79%
  • 2018
  • 68%
  • 2017
  • 59%
  • 2016
  • 55%
  • 2015

TSYS 2018 Consumer Payment Study

With so many different credit card rewards options, it can be hard to know exactly which one makes the best credit card for you. Here are a few questions to ask yourself as you’re comparing top offers.

Why are you looking for a credit card?

Are you looking to earn cash back rewards on everyday purchases? Are you a frequent traveler who wants to use rewards to fund your next vacation? Are you searching for a way to earn rewards on expenses for your small business? Do you need to build up your credit profile, plan for a large upcoming purchase or consolidate debt?

The best credit card for you will greatly depend on your answer to these questions. If you know you rarely travel, then top travel cards such as the Capital One Venture or Chase Sapphire Preferred® Card won’t be a good fit for your needs. If one of your 2019 goals is to use points and miles to fund your trip to Europe, on the other hand, then a cash back card probably won’t give you as much value as top-tier travel cards.

Cash back is consistently the most preferred credit card rewards type. Credit card issuers are beginning to take notice as well, offering more attractive cash back offers.

Preferred types of rewards:

  • 49%
  • Cash back
  • 29%
  • Gas/Retail
  • 20%
  • Airline/Hotel
  • 19%
  • General Travel
  • 18%
  • Business

CreditCards.com July 2019 Favorite Cards Survey

What are your monthly spending habits?

Many cards offer bonus categories to help cardholders maximize earnings on certain kinds of expenses. These differ from card to card within each category. For example:

Knowing your spending habits can help you determine which card you can get the most value out of using. If the majority of your budget is spent on dining and entertainment, the Capital One Savor should be at the top of your list. However, if you don’t have a particular spending category that takes up a significant amount of your budget, a flat-rate cash back card like the Capital One® Quicksilver® Cash Rewards Credit Card (1.5% cash back on all eligible purchases, with no categories) might be more up your alley.

Are you willing to pay an annual fee?

Many of the top-tier rewards cards charge annual fees. While the perks typically outweigh the cost, those who don’t have room in their budgets to take on premium annual fees should consider no-fee options.

If the card charges a $95 annual fee, you’ll need to spend an average of $400 each month (earning 2x points or 2% cash back on average) to offset the cost of the annual fee. If you don’t plan on using your card that often each month, you’ll be better off with a card boasting no annual fee. Some of Bankrate’s highest-rated cards offer innovative rewards structures and an array of perks without charging a hefty fee, including the Citi Rewards+ Card and the Bank of America Cash Rewards Credit Card.

How to qualify for the best credit cards

As credit card issuers continue to improve their products with better rewards rates and prized perks, they’re becoming more selective about approvals. Fortunately, you can take some steps that might tip the odds in your favor.

Make yourself more creditworthy

An August 2019 survey by Bankrate found that credit cards are the financial product most frequently denied based on credit score. Issuers determine which credit cards you qualify for based on your creditworthiness — primarily your credit score. Top credit cards generally require credit scores in the Good to Excellent range, measured by the FICO scoring model as 670-850.

Substantially improving your credit is a task months or years in the making. If your credit score falls short of the 670-850 FICO range, don’t wait to start building it up. Here are two steps you can take immediately:

  1. Pay your bills on time. It’s not just about avoiding late fees and interest charges. A good record of paying what you owe makes you look more responsible in the eyes of a lender.
  2. Keep your credit utilization on the low side. Think of credit utilization as the relationship between two numbers: the amount of credit you have available and how much of it you’re using. Try to keep the second number at 30% or less of the first, since good credit utilization shows lenders that you know how to avoid getting over-extended.

Be prepared for the application process

Whether you apply online or reply to an offer by mail, the credit card issuer will ask for certain information. The obvious blanks you’ll need to fill include name, date of birth, address and Social Security Number. You should also be ready to provide additional information such as:

  • Annual income
  • Monthly rent or mortgage payments
  • Current bank accounts

Be aware that getting approved for a credit card or other type of credit account requires some scrutiny of your track record as a borrower. The process involves two types of credit checks:

  • A “hard” inquiry, when the lender pulls your credit report to make a decision about whether to lend to you.
  • A “soft” inquiry, when the lender checks your credit as part of a preliminary screening. If you check your own credit score, it also counts as a soft inquiry.

A hard inquiry can subtract a few points from your credit score temporarily, while a soft inquiry usually has no effect. You’ll want to limit the number of hard inquiries on your credit report, so be as selective as possible about which credit cards you apply for.

Maximizing the features of your new credit card

When used to your advantage, credit cards can help you reach your financial goals. Whether you want to pay off debt, save up rewards to pay for a big ticket item or use everyday expenses to help fund your travels, credit cards can be used as a tool to get you there.

Keeping a balance vs. paying off your card in full

Whenever possible, pay off your bill in full each month. That’s the best way to avoid having to pay interest rates on your purchases, and it keeps your credit utilization low.

However, carrying a balance may be unavoidable in certain cases. If you expect to carry a balance, it’s worth looking at cards offering a 0% introductory APR. Just make sure that you’ll pay off the full balance by the end of the 0% APR period.

If you already have a balance on your current card, consider a balance transfer card with 0% intro APR. That introductory period offers an opportunity to reduce your debt while temporarily avoiding high interest charges.

Utilizing perks and benefits

If you’re paying an annual fee for a card, that cost takes into account perks and benefits offered by the credit card — and if you’re paying for them, you should use them. Typically, if you take full advantage of your card’s benefits, the card’s worth far outweighs any fees. For example, the Chase Sapphire Reserve’s $300 annual travel credit, Global Entry or TSA PreCheck application fee credit and array of travel insurance coverage are worth far more than the $450 annual fee.

Paying attention to your rewards

If your card rewards particular kinds of purchases, try to use the card for those transactions as much as possible. For example, consider using your credit card to pay your water bill instead of a check or bank draft if the card offers cash back on utility payments. If it rewards you for grocery purchases, reach for your credit card at the supermarket checkout rather than your debit card.

Also, keep track of the rewards you’ve earned. Rewards that expire represent a missed opportunity to maximize your card. Unfortunately, a Bankrate survey has found that thousands of consumers who take part in rewards and travel loyalty programs let a portion of their rewards expire.

Keep track of your rewards by reviewing your monthly statement. You can probably find a special section covering rewards in your online customer portal, or “dashboard.”

Essential reading for credit card users

If you’re looking for more information on how credit cards can help you reach your financial goals, check out some of our top resource articles:


Senior Editor Barry Bridges has been writing about credit cards, personal loans, mortgages and other personal finance products since 2017. Before joining Bankrate, he was an award-winning newspaper journalist in his native North Carolina. Send your questions about credit cards (and fantasy baseball) to bbridges@bankrate.com.

This editorial content is not provided or commissioned by any of the referenced financial institutions or companies. Opinions, analysis, reviews or recommendations expressed here are the author’s alone, not those of any financial institutions or companies, and have not been reviewed, approved or otherwise endorsed by any such entity. All products or services are presented without warranty. Bankrate.com is an independent, advertising-supported publisher and comparison service. This post contains references to our partners, and Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on certain links posted on this website.

* See the online application for details about terms and conditions for these offers. Every reasonable effort has been made to maintain accurate information. However all credit card information is presented without warranty. After you click on the offer you desire you will be directed to the credit card issuer's web site where you can review the terms and conditions for your selected offer.