6 Best Credit Cards of April 2024 (2024)

Table of Contents
BEST CREDIT CARD OVERALL Wells Fargo Active Cash® Card Wells Fargo Active Cash® Card Best 0% APR Credit Card Overall Wells Fargo Reflect® Card Wells Fargo Reflect® Card Best 0% Credit Card for Cash Rewards Wells Fargo Active Cash® Card Wells Fargo Active Cash® Card Best Balance Transfer Credit Card for Good Credit Citi Simplicity® Card Citi Simplicity® Card Best Initial Bonus Overall Chase Sapphire Preferred® Card Chase Sapphire Preferred® Card Best for Flexible Travel Rewards Capital One Venture Rewards Credit Card Capital One Venture Rewards Credit Card BEST CARD WITH EASY-TO-EARN INITIAL BONUS Wells Fargo Active Cash® Card Wells Fargo Active Cash® Card Best Cash Back Credit Card Overall Blue Cash Preferred® Card from American Express Blue Cash Preferred® Card from American Express Best Cash Back Credit Card with No Annual Fee TD Double Up Credit Card TD Double Up Credit Card BEST CREDIT CARD WITH LOW APR & REWARDS Chase Freedom Unlimited® Chase Freedom Unlimited® Best Credit Card for Dining and Entertainment Capital One Savor Cash Rewards Credit Card * Capital One Savor Cash Rewards Credit Card * Best Travel Credit Card Overall Chase Sapphire Preferred® Card Chase Sapphire Preferred® Card Best Travel Rewards Credit Card for Excellent Credit Chase Sapphire Reserve® Chase Sapphire Reserve® Best for Flexible Travel Redemption Capital One Venture Rewards Credit Card Capital One Venture Rewards Credit Card Best Initial Bonus Bank of America® Premium Rewards® credit card Bank of America® Premium Rewards® credit card Best Credit Card for Fair Credit Citi Double Cash® Card Citi Double Cash® Card Best for Customized Rewards Citi Custom Cash® Card Citi Custom Cash® Card BEST CREDIT CARD TO BUILD CREDIT Discover it® Secured Credit Card Discover it® Secured Credit Card BEST CREDIT CARD FOR BEGINNERS Chase Freedom Rise℠ Chase Freedom Rise℠ BEST LIMITED CREDIT HISTORY CREDIT CARD Capital One QuicksilverOne Cash Rewards Credit Card Capital One QuicksilverOne Cash Rewards Credit Card Best for No Credit with an On-Time Payment Bonus Petal® 2 Visa® Credit Card Petal® 2 Visa® Credit Card BEST STUDENT CREDIT CARD Capital One SavorOne Student Cash Rewards Credit Card Capital One SavorOne Student Cash Rewards Credit Card BEST BUSINESS CREDIT CARD Capital One Spark 2% Cash Plus * Capital One Spark 2% Cash Plus * WalletHub's Research American Express Bank of America Capital One Chase Citi Discover Wells Fargo U.S. Bank Visa Mastercard Sources About the Author John S Kiernan Best Credit Cards FAQ What are the best credit card companies? What credit card do millionaires use? What is the most widely accepted credit card? What are the best credit cards for a 600 credit score? Which type of credit card is best? Which credit card is best for all purposes? What is a good interest rate on a credit card? What is the best credit card overall? What are the best credit cards for travel rewards? What are the best cash back credit cards? FAQs References

Overall

BEST CREDIT CARD OVERALL

6 Best Credit Cards of April 2024 (1)

4.4WalletHub Rating

WalletHub Rating

4.4

This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

Editor’s Rating

5.0

User Reviews

3.1

Market Comparison

4.4

fees: 3.8

rewards: 4.7

cost: 4.7

Other Features: 0.0

0% Intro APR for 15 months from account opening + 2% Cash Rewards on purchases

Purchase intro APR

0% for 15 months from account opening

Transfer intro APR

0% for 15 months from account opening on qualifying balance transfers
Transfer Fee: 3% intro for 120 days, then up to 5% (min $5)

Regular APR

20.24% - 29.99% Variable

Annual Fee

$0

Rewards Rate

2% Cash Rewards

Bonus Offer

$200 Cash Rewards

Accepted Credit

Excellent, Good

Purchase intro APR

0% for 15 months from account opening

Transfer intro APR

0% for 15 months from account opening on qualifying balance transfers
Transfer Fee: 3% intro for 120 days, then up to 5% (min $5)

Regular APR

20.24% - 29.99% Variable

Annual Fee

$0

Rewards Rate

2% Cash Rewards

Bonus Offer

$200 Cash Rewards

Accepted Credit

Excellent, Good

Editors’ Thoughts

The best credit card overall is the Wells Fargo Active Cash® Card becauseit gives 2% cash rewards on all purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card in 2024 gives about 1% back.

Cardholders can also get an initial bonus of $200 cash rewards after spending $500 in the first 3 months and enjoy an introductory APR of 0% for 15 months from account opening on purchases and balance transfers.

What We Don’t Like:The regular APR is 20.24% - 29.99% Variable, so interest charges will be expensive if you carry a balance from month to month after the 0% introductory promotions expire. In addition, balance transfers are subject to a transfer fee of 3% intro for 120 days, then up to 5% (min $5).

Who Should Get It: Apply for Wells Fargo Active Cash if you have good credit or better, you want to earn cash back rewards at a flat rate on all purchases, and you plan to spend enough to qualify for its initial bonus.

To learn more about why this is the best credit card on the market right now, check out our complete Wells Fargo Active Cash review.

Pros, Cons & More Details

Pros

  • $200 cash rewards bonus
  • $0 annual fee
  • 2% cash rewards on purchases
  • 0% introductory APR

Cons

  • High regular APR
  • Foreign transaction fee
  • Balance transfer fee

Rewards Details

  • Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
  • Earn unlimited 2% cash rewards on purchases.
  • No categories to track or remember and cash rewards don't expire as long as your account remains open.

Interest Rate Breakdown

BalanceAPY

Additional Info

  • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
  • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers. 20.24%, 25.24%, or 29.99% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
  • $0 annual fee.
  • Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
  • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
  • More Details & Reviews About Wells Fargo Active Cash® Card

Pros, Cons & Details

0% INTRO APR

Best 0% APR Credit Card Overall

6 Best Credit Cards of April 2024 (2)

4.2WalletHub Rating

WalletHub Rating

4.2

This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Finance New Purchases"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

Editor’s Rating

4.8

User Reviews

3.2

Market Comparison

4.2

fees: 4.0

rewards: 0.0

cost: 4.0

APR: 5.0

0% Intro APR for 21 months from account opening

Purchase intro APR

0% for 21 months from account opening

Transfer intro APR

0% for 21 months from account opening on qualifying balance transfers
Transfer Fee: 5% (min $5)

Regular APR

18.24% - 29.99% Variable

Annual Fee

$0

Accepted Credit

Excellent, Good

Purchase intro APR

0% for 21 months from account opening

Transfer intro APR

0% for 21 months from account opening on qualifying balance transfers
Transfer Fee: 5% (min $5)

Regular APR

18.24% - 29.99% Variable

Annual Fee

$0

Accepted Credit

Excellent, Good

Editors’ Thoughts

Why We Like It:The Wells Fargo Reflect® Card offers some of the best credit card rates available right now, giving introductory APRs of 0% for 21 months from account opening on purchases and 0% for 21 months from account opening on qualifying balance transfers. It also has a $0 annual fee.

What We Don’t Like:The regular APR can be rather high. Don’t forget to account for the card’s 5% (min $5) balance transfer fee, either.

Who Should Get It: Apply for Wells Fargo Reflect if you have a credit score of 700+ and you need months to pay off a big-ticket purchase or high-interest debt.

For more information, check out our complete Wells Fargo Reflect review.

Pros, Cons & More Details

Pros

  • No membership fees
  • 0% intro APR on purchases
  • 0% intro APR on qualifying balance transfers
  • Reports to the three major credit bureaus

Cons

  • No rewards
  • No initial rewards bonus
  • Balance transfer fee
  • High regular APR

Rewards Details

    Interest Rate Breakdown

    BalanceAPY

    Additional Info

    • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
    • 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers. 18.24%, 24.74%, or 29.99% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate, BT fee of 5%, min $5.
    • $0 Annual Fee.
    • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
    • Through My Wells Fargo Deals, you can get access to personalized deals from a variety of merchants. It's an easy way to earn cash back as an account credit when you shop, dine, or enjoy an experience simply by using an eligible Wells Fargo credit card.
    • More Details & Reviews About Wells Fargo Reflect® Card

    Pros, Cons & Details

    Best 0% Credit Card for Cash Rewards

    6 Best Credit Cards of April 2024 (3)

    4.4WalletHub Rating

    WalletHub Rating

    4.4

    This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

    Editor’s Rating

    5.0

    User Reviews

    3.1

    Market Comparison

    4.4

    fees: 3.8

    rewards: 4.7

    cost: 4.7

    Other Features: 0.0

    0% Intro APR for 15 months from account opening + 2% Cash Rewards on purchases

    Purchase intro APR

    0% for 15 months from account opening

    Transfer intro APR

    0% for 15 months from account opening on qualifying balance transfers
    Transfer Fee: 3% intro for 120 days, then up to 5% (min $5)

    Regular APR

    20.24% - 29.99% Variable

    Annual Fee

    $0

    Rewards Rate

    2% Cash Rewards

    Bonus Offer

    $200 Cash Rewards

    Accepted Credit

    Excellent, Good

    Purchase intro APR

    0% for 15 months from account opening

    Transfer intro APR

    0% for 15 months from account opening on qualifying balance transfers
    Transfer Fee: 3% intro for 120 days, then up to 5% (min $5)

    Regular APR

    20.24% - 29.99% Variable

    Annual Fee

    $0

    Rewards Rate

    2% Cash Rewards

    Bonus Offer

    $200 Cash Rewards

    Accepted Credit

    Excellent, Good

    Editors’ Thoughts

    The best credit card overall is the Wells Fargo Active Cash® Card becauseit gives 2% cash rewards on all purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card gives about 1% back.

    Cardholders can also get an initial bonus of $200 cash rewards after spending $500 in the first 3 months and enjoy an introductory APR of 0% for 15 months from account opening on purchases and balance transfers.

    What We Don’t Like:The regular APR is 20.24% - 29.99% Variable, so interest charges will be expensive if you carry a balance from month to month after the 0% introductory promotions expire. In addition, balance transfers are subject to a transfer fee of 3% intro for 120 days, then up to 5% (min $5).

    Who Should Get It: Apply for Wells Fargo Active Cash if you have good credit or better, you want to earn cash back rewards at a flat rate on all purchases, and you plan to spend enough to qualify for its initial bonus.

    To learn more about why this is the best credit card on the market right now, check out our complete Wells Fargo Active Cash review.

    Pros, Cons & More Details

    Pros

    • $200 cash rewards bonus
    • $0 annual fee
    • 2% cash rewards on purchases
    • 0% introductory APR

    Cons

    • High regular APR
    • Foreign transaction fee
    • Balance transfer fee

    Rewards Details

    • Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
    • Earn unlimited 2% cash rewards on purchases.
    • No categories to track or remember and cash rewards don't expire as long as your account remains open.

    Interest Rate Breakdown

    BalanceAPY

    Additional Info

    • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
    • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers. 20.24%, 25.24%, or 29.99% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
    • $0 annual fee.
    • Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
    • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
    • More Details & Reviews About Wells Fargo Active Cash® Card

    Pros, Cons & Details

    BALANCE TRANSFERS

    Best Balance Transfer Credit Card for Good Credit

    6 Best Credit Cards of April 2024 (4)

    4.7WalletHub Rating

    WalletHub Rating

    4.7

    This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Lower Cost of Existing Debt"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

    Editor’s Rating

    3.7

    User Reviews

    3.7

    Market Comparison

    5.0

    fees: 5.0

    cost: 5.0

    APR: 5.0

    0% Intro APR for 21 months

    Purchase intro APR

    0% for 12 months

    Transfer intro APR

    0% for 21 months
    Transfer Fee: 3% intro fee ($5 min) for each transfer in first 4 months, and 5% ($5 min) for each transfer after that

    Regular APR

    19.24% - 29.99% (V)

    Annual Fee

    $0

    Accepted Credit

    Excellent, Good

    Purchase intro APR

    0% for 12 months

    Transfer intro APR

    0% for 21 months
    Transfer Fee: 3% intro fee ($5 min) for each transfer in first 4 months, and 5% ($5 min) for each transfer after that

    Regular APR

    19.24% - 29.99% (V)

    Annual Fee

    $0

    Accepted Credit

    Excellent, Good

    Editors’ Thoughts

    Why We Like It: The Citi Simplicity® Card offers an introductory APR of 0% for 21 months on balances transferred within four months of opening an account. The Citi Simplicity Card also has a $0 annual fee.

    What We Don’t Like: This card charges a 3% intro fee ($5 min) for each transfer in first 4 months, and 5% ($5 min) for each transfer after that. Plus, its regular APR is 19.24% - 29.99% (V).

    Who Should Get It: Consider applying for the Citi Simplicity Card if you have a 700+ credit score and you want to save on interest charges.

    Pros, Cons & More Details

    Pros

    • 0% intro rate on balance transfers for 21 months
    • 0% intro rate on new purchases for 12 months
    • No annual fee

    Cons

    • Balance transfer fee
    • High regular APR
    • No rewards

    Rewards Details

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • The Citi Simplicity® Card is no longer available through WalletHub.com but may be available on the Citi website. Info about the card has been collected by us, the financial institution did not provide the details.
      • No Late Fees, No Penalty Rate, and No Annual Fee... Ever
      • 0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 19.24% - 29.99%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
      • There is an introductory balance transfer fee of $5 or 3% of the amount of the transfer, whichever is greater for balances transfers completed within 4 months of account opening.
      • Stay protected with Citi® Quick Lock
      • More Details & Reviews About Citi Simplicity® Card

      Pros, Cons & Details

      REWARDS BONUS

      Best Initial Bonus Overall

      6 Best Credit Cards of April 2024 (5)

      4.1WalletHub Rating

      WalletHub Rating

      4.1

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Travel Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.9

      Market Comparison

      4.0

      fees: 3.3

      rewards: 4.0

      cost: 4.0

      Other Features: 5.0

      60,000 points

      WalletHub Estimate: up to $750 value

      Regular APR

      21.49% - 28.49% (V)

      Annual Fee

      $95

      Rewards Rate

      1 - 5 points / $1

      Bonus Offer

      60,000 points

      Accepted Credit

      Excellent, Good

      Regular APR

      21.49% - 28.49% (V)

      Annual Fee

      $95

      Rewards Rate

      1 - 5 points / $1

      Bonus Offer

      60,000 points

      Accepted Credit

      Excellent, Good

      Editors’ Thoughts

      Why We Like It:The Chase Sapphire Preferred Card offers one of the best initial bonuses on the market, especially for people who like to travel and do not mind booking accommodations through Chase. New cardholders who spend $4,000 within 3 months of opening an account receive a bonus of 60,000 points, redeemable for either a $600 statement credit or $750 in travel booked through Chase Travel. Add 1 - 5 points per $1 spent on purchases, and you’ve got a card well worth the cost of ownership.

      What We Don’t Like:You will have to pay an annual fee of $95. If you carry a balance from month to month, interest charges will also be quite expensive.

      Who Should Get It: Apply for Chase Sapphire Preferred if you have at least good credit, expect to spend at least $4,000 in the first 3 months your account is open, and plan to pay the bill in full monthly. Plus, you need to be comfortable booking at least some travel through Chase.

      To learn more about why this is one of the best credit cards on the market right now, check out WalletHub’s complete Chase Sapphire Preferred Card Review.

      Pros, Cons & More Details

      Pros

      • 60,000 points - initial bonus
      • Up to 6.25% back when redeeming for travel
      • No foreign transaction fees

      Cons

      • $95 Annual fee
      • 1 point per $1 base earn rate

      Rewards Details

      • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
      • Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
      • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
      • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      Pros, Cons & Details

      Best for Flexible Travel Rewards

      6 Best Credit Cards of April 2024 (6)

      3.9WalletHub Rating

      WalletHub Rating

      3.9

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Travel Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.8

      Market Comparison

      3.7

      fees: 3.3

      rewards: 4.0

      cost: 3.8

      Other Features: 0.0

      75,000 miles

      WalletHub Estimate: up to $750 value

      Regular APR

      19.99% - 29.99% (V)

      Annual Fee

      $95

      Rewards Rate

      2 - 5 miles / $1

      Bonus Offer

      75,000 miles

      Accepted Credit

      Excellent, Good

      Regular APR

      19.99% - 29.99% (V)

      Annual Fee

      $95

      Rewards Rate

      2 - 5 miles / $1

      Bonus Offer

      75,000 miles

      Accepted Credit

      Excellent, Good

      Editors’ Thoughts

      Why We Like It:The Capital One Venture Card offers an initial bonus of 75,000 miles for spending $4,000 within 3 months of opening an account. It also rewards users with double miles (at least) on purchases and doesn’t charge foreign transaction fees.

      In addition, the Venture Card lets you use your miles to pay for any travel-related charges once they post to your account. That kind of redemption flexibility is especially helpful for people who like to shop around for the best deals on travel comparison sites.

      What We Don’t Like:This card has a $95 annual fee, and carrying a balance from month to month will result in expensive interest charges.

      Who Should Get It: Consider applying for the Capital One Venture Card if you have good or excellent credit and want to earn free flights, hotel nights and other travel accommodations without overspending or committing to a single travel provider.

      To learn more about why Capital One Venture has been among WalletHub’s picks for the best overall credit cards each year since 2008, check out our complete Venture Card Review.

      Pros, Cons & More Details

      Pros

      • 75,000 miles initial bonus
      • Unlimited 2 miles per $1 on every purchase
      • Redeem for any-travel related expense
      • $0 foreign transaction fee

      Cons

      • Terrible cash back redemption rate
      • Not built for financing

      Rewards Details

      • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
      • Earn unlimited 2X miles on every purchase, every day
      • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
      • Miles won't expire for the life of the account and there's no limit to how many you can earn
      • Receive up to a $100 credit for Global Entry or TSA PreCheck®
      • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
      • Enrich every hotel stay from the Lifestyle Collection with a suite of cardholder benefits, like a $50 experience credit, room upgrades, and more
      • Transfer your miles to your choice of 15+ travel loyalty programs

      Interest Rate Breakdown

      BalanceAPY

      Pros, Cons & Details

      BEST CARD WITH EASY-TO-EARN INITIAL BONUS

      6 Best Credit Cards of April 2024 (7)

      4.4WalletHub Rating

      WalletHub Rating

      4.4

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.1

      Market Comparison

      4.4

      fees: 3.8

      rewards: 4.7

      cost: 4.7

      Other Features: 0.0

      $200 Cash Rewards Bonus

      for spending $500 in purchases during the 3 months after opening an account.

      Purchase intro APR

      0% for 15 months from account opening

      0% for 15 months from account opening on qualifying balance transfers
      Transfer Fee: 3% intro for 120 days, then up to 5% (min $5)

      Regular APR

      20.24% - 29.99% Variable

      Annual Fee

      $0

      Rewards Rate

      2% Cash Rewards

      Bonus Offer

      $200 Cash Rewards

      Accepted Credit

      Excellent, Good

      Purchase intro APR

      0% for 15 months from account opening

      Transfer intro APR

      0% for 15 months from account opening on qualifying balance transfers
      Transfer Fee: 3% intro for 120 days, then up to 5% (min $5)

      Regular APR

      20.24% - 29.99% Variable

      Annual Fee

      $0

      Rewards Rate

      2% Cash Rewards

      Bonus Offer

      $200 Cash Rewards

      Accepted Credit

      Excellent, Good

      Editors’ Thoughts

      The best credit card overall is the Wells Fargo Active Cash® Card becauseit gives 2% cash rewards on all purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card gives about 1% back.

      Cardholders can also get an initial bonus of $200 cash rewards after spending $500 in the first 3 months and enjoy an introductory APR of 0% for 15 months from account opening on purchases and balance transfers.

      What We Don’t Like:The regular APR is 20.24% - 29.99% Variable, so interest charges will be expensive if you carry a balance from month to month after the 0% introductory promotions expire. In addition, balance transfers are subject to a transfer fee of 3% intro for 120 days, then up to 5% (min $5).

      Who Should Get It: Apply for Wells Fargo Active Cash if you have good credit or better, you want to earn cash back rewards at a flat rate on all purchases, and you plan to spend enough to qualify for its initial bonus.

      To learn more about why this is the best credit card on the market right now, check out our complete Wells Fargo Active Cash review.

      Pros, Cons & More Details

      Pros

      • $200 cash rewards bonus
      • $0 annual fee
      • 2% cash rewards on purchases
      • 0% introductory APR

      Cons

      • High regular APR
      • Foreign transaction fee
      • Balance transfer fee

      Rewards Details

      • Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
      • Earn unlimited 2% cash rewards on purchases.
      • No categories to track or remember and cash rewards don't expire as long as your account remains open.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
      • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers. 20.24%, 25.24%, or 29.99% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
      • $0 annual fee.
      • Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
      • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
      • More Details & Reviews About Wells Fargo Active Cash® Card

      Pros, Cons & Details

      CASH BACK

      Best Cash Back Credit Card Overall

      6 Best Credit Cards of April 2024 (8)

      4.0WalletHub Rating

      WalletHub Rating

      4.0

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      4.7

      User Reviews

      3.9

      Market Comparison

      3.9

      fees: 2.1

      rewards: 4.3

      cost: 4.6

      Other Features: 0.0

      $250 Bonus Offer

      Purchase intro APR

      0% for 12 months

      Transfer intro APR

      0% for 12 months
      Transfer Fee: 3% (min $5)

      Regular APR

      19.24% - 29.99% (V)

      Annual Fee

      $0 intro 1st yr, $95 after

      Rewards Rate

      1 - 6% Cash Back

      Bonus Offer

      $250

      Accepted Credit

      Excellent, Good

      Purchase intro APR

      0% for 12 months

      Transfer intro APR

      0% for 12 months
      Transfer Fee: 3% (min $5)

      Regular APR

      19.24% - 29.99% (V)

      Annual Fee

      $0 intro 1st yr, $95 after

      Rewards Rate

      1 - 6% Cash Back

      Bonus Offer

      $250

      Accepted Credit

      Excellent, Good

      Editors’ Thoughts

      Why We Like It: The American Express Blue Cash Preferred card is one of the most rewarding everyday credit cards on the market at the moment. It’s best for people with good or excellent credit whose top expenses include U.S. streaming services, groceries at U.S. supermarkets, gas at U.S. gas stations, and transit purchases. Spending $3,000 within 6 months of opening an account will also earn you a $250 statement credit.Plus, there is a $0 intro annual fee the first year.

      What We Don’t Like:The card has an annual fee of $95 from the second year on.

      Who Should Get It: Apply for Blue Cash Preferred if you have good credit or better and plan to spend at least $1,600 per year in its bonus rewards categories. That’s all it takes for the card’s annual fee to be worth paying. Qualifying for the initial bonus offer will do the trick, too.

      To learn more about why this is one of the best credit cards on the market right now, check out WalletHub’s complete Amex Blue Cash Preferred Review.

      Pros, Cons & More Details

      Pros

      • $250 statement credit initial bonus offer
      • Low intro APR on purchases and balance transfers
      • High rewards rate

      Cons

      • Annual fee starting second year
      • Above-average regular APR
      • 2.7% foreign-transaction fee

      Rewards Details

      • Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
      • 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 at U.S. gas stations.
      • 3% Cash Back on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
      • 1% Cash Back on other purchases.
      • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit or at Amazon.com checkout.
      • Get up to $120 in statement credits annually when you pay for an auto-renewing subscription to Equinox+ at equinoxplus.com with your Blue Cash Preferred® Card. That’s $10 in statement credits each month. Enrollment required.
      • Thinking about getting the Disney Bundle which can include Disney+, Hulu, and ESPN+? Your decision made easy with $7/month back in the form of a statement credit after you spend $9.99 or more each month on an eligible subscription (subject to auto renewal) with your Blue Cash Preferred® Card. Enrollment required.
      • Terms Apply.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • $0 intro annual fee for the first year, then $95.
      • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 intro plan fees on plans created during the first 12 months from the date of account opening. Plans created after that will have a monthly plan fee up to 1.33% of each eligible purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
      • Low Intro APR: 0% on purchases and balance transfers for 12 months from the date of account opening. After that, your APR will be a variable APR of 19.24% - 29.99%. Variable APRs will not exceed 29.99%.
      • More Details & Reviews About Blue Cash Preferred® Card from American Express

      Pros, Cons & Details

      Best Cash Back Credit Card with No Annual Fee

      6 Best Credit Cards of April 2024 (9)

      3.86 out of 5 rating7 User Reviews7 User Reviews

      4.3WalletHub Rating

      WalletHub Rating

      4.3

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      4.2

      Market Comparison

      4.3

      fees: 3.8

      rewards: 4.6

      cost: 4.7

      Other Features: 0.0

      2% cash back on all purchases

      Transfer intro APR

      0% for 15 billing cycles
      Transfer Fee: 3% (min $5)

      Regular APR

      20.24% - 30.24% (V)

      Annual Fee

      $0

      Rewards Rate

      2% Cash Back

      Bonus Offer

      $150

      Accepted Credit

      Excellent

      Transfer intro APR

      0% for 15 billing cycles
      Transfer Fee: 3% (min $5)

      Regular APR

      20.24% - 30.24% (V)

      Annual Fee

      $0

      Rewards Rate

      2% Cash Back

      Bonus Offer

      $150

      Accepted Credit

      Excellent

      Editors’ Thoughts

      Why We Like It: The TD Double Up Credit Card is one of the best cash back credit cards with no
      annual fee, as cardholders can earn 2% cash back on all purchases. It also offers an initial bonus of $150 after spending $1,000 in the first 90 days.

      In addition, the TD Double Up Credit Card offers an introductory APR of 0% for 15 billing cycles on
      balance transfers.

      What We Don’t Like: The TD Double Up Credit Card has a regular APR of 20.24% - 30.24% (V) and a
      transfer fee of 3% (min $5). Plus, it requires excellent credit for approval.

      Who Should Get It: Consider applying for the TD Double Up Credit Card if you want to earn cash rewards on
      purchases without paying an annual fee.

      Pros, Cons & More Details

      Pros

      • No membership fees
      • 0% intro APR on balance transfers
      • High rewards rate
      • $150 initial rewards bonus

      Cons

      • No intro APR on purchases
      • Balance transfer fee
      • Foreign fee
      • Requires excellent credit

      Rewards Details

      • Bonus Cash Back: Earn $150 Cash Back in the form of a statement credit when you spend $1,000 within the first 90 days after account opening
      • Earn unlimited 2% Cash Back on all eligible purchases
      • No reward categories, no caps, no worries.​

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • Get Visa benefits like cell phone protection when you pay your monthly mobile bill with your card
      • No annual fee
      • Contactless Payments/Digital Wallet
      • Instant credit card replacement
      • Must be a resident of CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA or VT.
      • More Details & Reviews About TD Double Up Credit Card

      Pros, Cons & Details

      BEST CREDIT CARD WITH LOW APR & REWARDS

      6 Best Credit Cards of April 2024 (10)

      4.1WalletHub Rating

      WalletHub Rating

      4.1

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.6

      Market Comparison

      4.0

      fees: 3.8

      rewards: 3.4

      cost: 4.7

      Other Features: 0.0

      1.5 - 5% Cash Back + Up to $300 Cash Back

      Earn an additional 1.5% cash back on all purchases, up to $20,000 spent in the first year - worth up to $300.

      Purchase intro APR

      0% for 15 months

      Transfer intro APR

      0% for 15 months
      Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after)

      Regular APR

      20.49% - 29.24% (V)

      Annual Fee

      $0

      Rewards Rate

      1.5 - 5% Cash Back

      Accepted Credit

      Excellent, Good

      Purchase intro APR

      0% for 15 months

      Transfer intro APR

      0% for 15 months
      Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after)

      Regular APR

      20.49% - 29.24% (V)

      Annual Fee

      $0

      Rewards Rate

      1.5 - 5% Cash Back

      Accepted Credit

      Excellent, Good

      Editors’ Thoughts

      Why We Like It:TheChase Freedom Unlimited® is one of the best credit cards for cash back rewards with no annual fee. It offers 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1.5% back on all other purchases (plus an additional 1.5% cash back on everything, up to $20,000 spent the first year).

      New cardholders also enjoy introductory APRs of 0% for 15 months on new purchases and balance transfers.

      What We Don’t Like:The regular APR is pretty high, and you have to book travel through Chase to get the top rewards rate.

      Who Should Get It: Apply for Chase Freedom Unlimited if you have good credit or better and want a great all-around credit card – whether it’s going to be your only credit card or one of many.

      You can learn more from our Chase Freedom Unlimited review.

      Pros, Cons & More Details

      Pros

      • Earn rate: 1.5 - 5% cash back
      • 0% for 15 months on purchases and balance transfers
      • $0 annual fee

      Cons

      • Balance transfer fee
      • Foreign transaction fee
      • Potential for a high regular APR

      Rewards Details

      • INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
      • Enjoy 6.5% cash back on travel purchased through Chase Travel, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
      • After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase Travel, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
      • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
      • No annual fee – You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
      • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, alerts, and more.
      • Member FDIC
      • More Details & Reviews About Chase Freedom Unlimited®

      Pros, Cons & Details

      Best Credit Card for Dining and Entertainment

      6 Best Credit Cards of April 2024 (11)

      3.85 out of 5 rating66 User Reviews66 User Reviews

      4.2WalletHub Rating

      WalletHub Rating

      4.2

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.8

      Market Comparison

      4.0

      fees: 2.9

      rewards: 4.2

      cost: 4.6

      Other Features: 0.0

      1 - 5% Cash Back on Purchases

      Regular APR

      19.99% - 29.99% (V)

      Annual Fee

      $95

      Rewards Rate

      1 - 5% Cash Back

      Bonus Offer

      $300

      Accepted Credit

      Excellent, Good

      Regular APR

      19.99% - 29.99% (V)

      Annual Fee

      $95

      Rewards Rate

      1 - 5% Cash Back

      Bonus Offer

      $300

      Accepted Credit

      Excellent, Good

      Editors’ Thoughts

      Why We Like It:The Capital One Savor Cash Rewards Credit Card offers an initial bonus of $300 for spending $3,000 in the first 3 months. You will also earn 5% cash back on hotels and rental cars booked through Capital One Travel, 4% cash back on dining, entertainment and popular streaming services, 3% back at grocery stores and 1% back on all other purchases (except for 8% back on Capital One Entertainment purchases and 10% back on purchases made through Uber & Uber Eats). Most cards only offer a fraction of the value that you can get from those rewards.

      What We Don’t Like: The Capital One Savor Cash Rewards Credit Card has a high regular APR and an annual fee of $95. But as long as you earn the initial bonus, pay the bill in full monthly, and regularly make purchases in the card’s bonus categories, it will save you a significant amount of money.

      Who Should Get It: Consider applying for the Capital One Savor Cash Rewards Credit Card if you have good credit or better and the card’s bonus rewards suit your spending habits. Alternatively, you can opt for the Capital One SavorOne Cash Rewards Credit Card (see Rates & Fees) if you don’t want to pay an annual fee.

      Pros, Cons & More Details

      Pros

      • Earn $300 Initial Bonus
      • 4% Cash Back on Dining, Entertainment and Streaming Services
      • 3% Cash Back at Grocery Stores

      Cons

      • Membership fees
      • No intro APR on purchases
      • No intro APR on balance transfers
      • Requires good/excellent credit

      Rewards Details

      • Earn a one-time $300 cash bonus after you spend $3,000 on purchases within the first 3 months from account opening.
      • Earn unlimited 4% cash back on dining, entertainment, and popular streaming services, 3% at grocery stores and 1% on all other purchases.
      • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.
      • Earn 8% cash back on Capital One Entertainment purchases.
      • Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024
      • 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.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      Pros, Cons & Details

      TRAVEL

      Best Travel Credit Card Overall

      6 Best Credit Cards of April 2024 (12)

      4.1WalletHub Rating

      WalletHub Rating

      4.1

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Travel Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.9

      Market Comparison

      4.0

      fees: 3.3

      rewards: 4.0

      cost: 4.0

      Other Features: 5.0

      60,000 points

      WalletHub Estimate: up to $750 value

      Regular APR

      21.49% - 28.49% (V)

      Annual Fee

      $95

      Rewards Rate

      1 - 5 points / $1

      Bonus Offer

      60,000 points

      Accepted Credit

      Excellent, Good

      Regular APR

      21.49% - 28.49% (V)

      Annual Fee

      $95

      Rewards Rate

      1 - 5 points / $1

      Bonus Offer

      60,000 points

      Accepted Credit

      Excellent, Good

      Editors’ Thoughts

      Why We Like It:The Chase Sapphire Preferred Card offers one of the best initial bonuses on the market, especially for people who like to travel and do not mind booking accommodations through Chase. New cardholders who spend $4,000 within 3 months of opening an account receive a bonus of 60,000 points, redeemable for either a $600 statement credit or $750 in travel booked through Chase Travel. Add 1 - 5 points per $1 spent on purchases, and you’ve got a card well worth the cost of ownership.

      What We Don’t Like:You will have to pay an annual fee of $95. If you carry a balance from month to month, interest charges will also be quite expensive.

      Who Should Get It: Apply for Chase Sapphire Preferred if you have at least good credit, expect to spend at least $4,000 in the first 3 months your account is open, and plan to pay the bill in full monthly. Plus, you need to be comfortable booking at least some travel through Chase.

      To learn more about why this is one of the best credit cards on the market right now, check out WalletHub’s complete Chase Sapphire Preferred Card Review.

      Pros, Cons & More Details

      Pros

      • 60,000 points - initial bonus
      • Up to 6.25% back when redeeming for travel
      • No foreign transaction fees

      Cons

      • $95 Annual fee
      • 1 point per $1 base earn rate

      Rewards Details

      • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
      • Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
      • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
      • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      Pros, Cons & Details

      Best Travel Rewards Credit Card for Excellent Credit

      6 Best Credit Cards of April 2024 (13)

      3.7WalletHub Rating

      WalletHub Rating

      3.7

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Travel Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      4.4

      User Reviews

      3.3

      Market Comparison

      3.6

      fees: 1.3

      rewards: 4.4

      cost: 4.0

      Other Features: 0.0

      60,000 points

      WalletHub Estimate: up to $900 value

      Regular APR

      22.49% - 29.49% (V)

      Annual Fee

      $550

      Rewards Rate

      1 - 10 points / $1

      Bonus Offer

      60,000 points

      Accepted Credit

      Excellent

      Regular APR

      22.49% - 29.49% (V)

      Annual Fee

      $550

      Rewards Rate

      1 - 10 points / $1

      Bonus Offer

      60,000 points

      Accepted Credit

      Excellent

      Editors’ Thoughts

      Why We Like It:Chase Sapphire Reserve® is the best travel credit card for excellent credit because it offers valuable bonus rewards. For starters, Chase Sapphire Reserve has an initial bonus of 60,000 bonus points for spending $4,000 in the first 3 months. Cardholders can also earn up to $300 in annual travel credits, plus 1 - 10 points per $1 spent on purchases. There are plenty of other benefits, too, including access to 1,300+ airport lounges.

      What We Don’t Like:This card has an annual fee of $550. As a result, you will need to use the card a lot in order to take full advantage of its rewards and other benefits if you want to get your money’s worth.

      Who Should Get It: Consider applying for Chase Sapphire Reserve if you are a big-spender with a credit score of 750 or higher who travels very frequently.

      You can learn more from our full-length Chase Sapphire Reserve Review.

      Pros, Cons & More Details

      Pros

      • Initial Bonus: 60,000 points
      • $300 Annual Travel Credit
      • Up To 15% Back On Hotels and Car Rentals

      Cons

      • High Annual Fee
      • High APR

      Rewards Details

      • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠.
      • $300 Annual Travel Credit as reimbursem*nt for travel purchases charged to your card each account anniversary year.
      • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
      • Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 60,000 points are worth $900 toward travel.
      • 1:1 point transfer to leading airline and hotel loyalty programs
      • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      Pros, Cons & Details

      Best for Flexible Travel Redemption

      6 Best Credit Cards of April 2024 (14)

      3.9WalletHub Rating

      WalletHub Rating

      3.9

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Travel Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.8

      Market Comparison

      3.7

      fees: 3.3

      rewards: 4.0

      cost: 3.8

      Other Features: 0.0

      75,000 miles

      WalletHub Estimate: up to $750 value

      Regular APR

      19.99% - 29.99% (V)

      Annual Fee

      $95

      Rewards Rate

      2 - 5 miles / $1

      Bonus Offer

      75,000 miles

      Accepted Credit

      Excellent, Good

      Regular APR

      19.99% - 29.99% (V)

      Annual Fee

      $95

      Rewards Rate

      2 - 5 miles / $1

      Bonus Offer

      75,000 miles

      Accepted Credit

      Excellent, Good

      Editors’ Thoughts

      Why We Like It:The Capital One Venture Card offers an initial bonus of 75,000 miles for spending $4,000 within 3 months of opening an account. It also rewards users with double miles (at least) on purchases and doesn’t charge foreign transaction fees.

      In addition, the Venture Card lets you use your miles to pay for any travel-related charges once they post to your account. That kind of redemption flexibility is especially helpful for people who like to shop around for the best deals on travel comparison sites.

      What We Don’t Like:This card has a $95 annual fee, and carrying a balance from month to month will result in expensive interest charges.

      Who Should Get It: Consider applying for the Capital One Venture Card if you have good or excellent credit and want to earn free flights, hotel nights and other travel accommodations without overspending or committing to a single travel provider.

      To learn more about why Capital One Venture has been among WalletHub’s picks for the best overall credit cards each year since 2008, check out our complete Venture Card Review.

      Pros, Cons & More Details

      Pros

      • 75,000 miles initial bonus
      • Unlimited 2 miles per $1 on every purchase
      • Redeem for any-travel related expense
      • $0 foreign transaction fee

      Cons

      • Terrible cash back redemption rate
      • Not built for financing

      Rewards Details

      • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
      • Earn unlimited 2X miles on every purchase, every day
      • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
      • Miles won't expire for the life of the account and there's no limit to how many you can earn
      • Receive up to a $100 credit for Global Entry or TSA PreCheck®
      • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
      • Enrich every hotel stay from the Lifestyle Collection with a suite of cardholder benefits, like a $50 experience credit, room upgrades, and more
      • Transfer your miles to your choice of 15+ travel loyalty programs

      Interest Rate Breakdown

      BalanceAPY

      Pros, Cons & Details

      6 Best Credit Cards of April 2024 (15)

      3.82 out of 5 rating28 User Reviews28 User Reviews

      4.2WalletHub Rating

      WalletHub Rating

      4.2

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Earn Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      4.8

      User Reviews

      3.8

      Market Comparison

      4.2

      fees: 2.9

      rewards: 4.2

      cost: 4.8

      Other Features: 0.0

      60,000 points

      WalletHub Estimate: up to $600 value

      Regular APR

      20.24% - 27.24% Variable

      Annual Fee

      $95

      Rewards Rate

      1.5 - 2 points / $1

      Bonus Offer

      60,000 points

      Accepted Credit

      Excellent

      Regular APR

      20.24% - 27.24% Variable

      Annual Fee

      $95

      Rewards Rate

      1.5 - 2 points / $1

      Bonus Offer

      60,000 points

      Accepted Credit

      Excellent

      Editors’ Thoughts

      Why We Like It:The Bank of America® Premium Rewards® credit card is one of the best credit cards for bonus rewards, offering 60,000 points, worth $600, to new cardholders who spend at least $4,000 within 90 days of opening an account. There are some attractive ongoing bonus rewards for 2024, too: 2 points per $1 spent on travel and dining, and 1.5 points per $1 on all other purchases

      What We Don’t Like:There is a $95 annual fee and a high APR. Both are common among top-tier rewards cards.

      Who Should Get It: Apply for the Bank of America Premium Rewards credit card if you have a 750+ credit score, you can qualify for the initial bonus, and you regularly make purchases in the ongoing bonus rewards categories.

      You can check out our complete review of the Bank of America Premium Rewards credit card to learn more.

      Pros, Cons & More Details

      Pros

      • 60,000 bonus points offer
      • 2 points per $1 spent on travel and dining
      • Extra points for Bank of America Preferred Rewards® clients
      • $0 foreign fee
      • Up to $200 in air travel credits

      Cons

      • $95 annual fee
      • Very high regular APR
      • Requires excellent credit

      Rewards Details

      • Receive 60,000 online bonus points - a $600 value - after you make at least $4,000 in purchases in the first 90 days of account opening.
      • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points for every $1 spent on all other purchases. No limit to the points you can earn and your points don't expire as long as your account remains open.
      • If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means you could earn 2.5-3.5 points on travel and dining purchases and 1.87-2.62 points on all other purchases, for every $1 you spend.
      • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill® accounts, or gift cards or purchases at the Bank of America Travel Center.
      • Get up to $100 in Airline Incidental Statement Credits annually and TSA PreCheck®/Global Entry Statement Credits of up to $100, every four years.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • Travel Insurance protections to assist with trip delays, cancellations and interruptions, baggage delays and lost luggage.
      • No foreign transaction fees.
      • Low $95 annual fee.
      • This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
      • More Details & Reviews About Bank of America® Premium Rewards® credit card

      Pros, Cons & Details

      FAIR CREDIT

      Best Credit Card for Fair Credit

      6 Best Credit Cards of April 2024 (16)

      4.9WalletHub Rating

      WalletHub Rating

      4.9

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Improve Credit by Paying in Full Each Month"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.4

      Market Comparison

      5.0

      fees: 5.0

      rewards: 5.0

      cost: 5.0

      Other Features: 5.0

      2% Cash Back on Purchases + $200 Initial Bonus

      Transfer intro APR

      0% for 18 months
      Transfer Fee: 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer

      Regular APR

      19.24% - 29.24% (V)

      Annual Fee

      $0

      Rewards Rate

      2% Cash Back

      Bonus Offer

      $200

      Accepted Credit

      Excellent, Good, Fair

      Transfer intro APR

      0% for 18 months
      Transfer Fee: 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer

      Regular APR

      19.24% - 29.24% (V)

      Annual Fee

      $0

      Rewards Rate

      2% Cash Back

      Bonus Offer

      $200

      Accepted Credit

      Excellent, Good, Fair

      Editors’ Thoughts

      Why We Like It:Citi Double Cash is one of the best cash back credit cards on the market thanks to its generous flat-rate rewards and low cost. The Double Cash Card has a $0 annual fee and gives a total of 2% cash back in rewards on all purchases, making it about 2X as rewarding as the average cash back credit card in 2024.

      More specifically, cardholders earn 1% cash back in rewards on purchases, plus another 1% cash back when paying the card’s bill.New cardholders can also take advantage of a great initial bonus offer: $200 for spending $1,500 in the first 6 months.

      What We Don’t Like:You don’t get the second half of your rewards until you pay the bill. The regular APR is pretty high, too.

      Who Should Get It: Consider applying for Citi Double Cash if you want to earn straightforward rewards without sacrificing value.

      To learn more about why this is such a good credit card, check outWalletHub’s complete Citi Double Cash Review.

      Pros, Cons & More Details

      Pros

      • Offers 2% cash back
      • $0 annual fee
      • $200 initial rewards bonus
      • Low intro APR on balance transfers

      Cons

      • 3% foreign transaction fee
      • High regular APR

      Rewards Details

      • Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
      • 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. Plus, for a limited time, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/24.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 19.24% - 29.24%, based on your creditworthiness.
      • Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
      • If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
      • 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).
      • More Details & Reviews About Citi Double Cash® Card

      Pros, Cons & Details

      Best for Customized Rewards

      6 Best Credit Cards of April 2024 (17)

      3.45 out of 5 rating73 User Reviews73 User Reviews

      4.8WalletHub Rating

      WalletHub Rating

      4.8

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Improve Credit by Paying in Full Each Month"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      4.4

      User Reviews

      3.5

      Market Comparison

      5.0

      fees: 5.0

      rewards: 5.0

      cost: 5.0

      Other Features: 5.0

      1 - 5% Cash Back on Purchases

      Purchase intro APR

      0% for 15 months

      Transfer intro APR

      0% for 15 months
      Transfer Fee: 5% (min $5)

      Regular APR

      19.24% - 29.24% (V)

      Annual Fee

      $0

      Rewards Rate

      1 - 5% Cash Back

      Bonus Offer

      $200

      Accepted Credit

      Excellent, Good, Fair

      Purchase intro APR

      0% for 15 months

      Transfer intro APR

      0% for 15 months
      Transfer Fee: 5% (min $5)

      Regular APR

      19.24% - 29.24% (V)

      Annual Fee

      $0

      Rewards Rate

      1 - 5% Cash Back

      Bonus Offer

      $200

      Accepted Credit

      Excellent, Good, Fair

      Editors’ Thoughts

      Why We Like It:TheCiti Custom Cash® Card is a very good card for people with fair credit because it gives you an initial bonus of $200 for spending $1,500 in the first 6 months and rewards you with 1 - 5% cash back on purchases. Plus, it comes with a $0 annual fee.

      Citi Custom Cash also offers an introductory APR of 0% for 15 months on purchases and balance transfers.

      What We Don’t Like:Citi Custom Cash has a regular APR of 19.24% - 29.24% (V) and a transfer fee of 5% (min $5).

      Who Should Get It: Consider applying for Citi Custom Cash if you have fair credit and want to earn bonus cash rewards on purchases.

      Pros, Cons & More Details

      Pros

      • $200 initial bonus
      • $0 annual fee
      • Up to 5% cash back
      • 0% introductory APRs

      Cons

      • Bonus rewards limit
      • High regular APR
      • Foreign transaction fee

      Rewards Details

      • Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
      • Earn 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter. Also, earn unlimited 1% cash back on all other purchases.
      • No rotating bonus categories to sign up for – as your spending changes each billing cycle, your earn adjusts automatically when you spend in any of the eligible categories.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 19.24% - 29.24%, based on your creditworthiness.
      • No Annual Fee
      • Citi will only issue one Citi Custom Cash® Card account per person.
      • More Details & Reviews About Citi Custom Cash® Card

      Pros, Cons & Details

      BAD CREDIT

      BEST CREDIT CARD TO BUILD CREDIT

      6 Best Credit Cards of April 2024 (18)

      4.5WalletHub Rating

      WalletHub Rating

      4.5

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Rebuild Damaged Credit by Paying in Full Each Month"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.7

      Market Comparison

      4.4

      fees: 5.0

      rewards: 5.0

      cost: 4.6

      Other Features: 3.0

      1 - 2% Cash Back on Purchases

      One-Time Fees

      $0

      Regular APR

      28.24% Variable

      Annual Fee

      $0

      Monthly Fee

      $0

      Rewards Rate

      1 - 2% Cash Back

      Accepted Credit

      Limited History, Bad

      One-Time Fees

      $0

      Regular APR

      28.24% Variable

      Annual Fee

      $0

      Monthly Fee

      $0

      Rewards Rate

      1 - 2% Cash Back

      Accepted Credit

      Limited History, Bad

      Editors’ Thoughts

      Why We Like It:Discover it® Secured Credit Card is the best secured credit card out there, and one of the best credit cards for anyone looking to build credit, because it has a $0 annual fee and rewards cardholders with 1 - 2% cash back on purchases.

      Cardholders earn 2% cash back at gas stations and restaurants, up to $1,000 spent per quarter, along with 1% cash back on all other purchases. Plus, all the rewards you earn the first year your account is open get doubled by Discover as an account anniversary gift.

      What We Don’t Like:You need to place a refundable security deposit of at least $200. The amount you put down becomes your spending limit.

      Who Should Get It: Apply for Discover it Secured Credit Card if you have bad credit and want to earn rewards while you fix it.

      You can check out our complete Discover it Secured Credit Card review for more information.

      Pros, Cons & More Details

      Pros

      • No annual or monthly fees & No fees for account opening
      • Up to 2% cash back
      • First-year rewards doubled
      • Relatively low minimum deposit

      Cons

      • High regular APR

      Rewards Details

      • Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • No credit score required to apply.
      • No Annual Fee, earn cash back, and build your credit history.
      • Your secured credit card requires a refundable security deposit, and your credit line will equal your deposit amount, starting at $200. Bank information must be provided when submitting your deposit.
      • Automatic reviews starting at 7 months to see if we can transition you to an unsecured line of credit and return your deposit.
      • Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.
      • Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
      • Get an alert if we find your Social Security number on any of thousands of Dark Web sites. Activate for free.
      • Terms and conditions apply.
      • More Details & Reviews About Discover it® Secured Credit Card

      Pros, Cons & Details

      NO CREDIT OR LIMITED HISTORY

      BEST CREDIT CARD FOR BEGINNERS

      6 Best Credit Cards of April 2024 (19)

      4.43 out of 5 rating7 User Reviews7 User Reviews

      4.5WalletHub Rating

      WalletHub Rating

      4.5

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Improve Credit"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      Market Comparison

      4.4

      fees: 5.0

      rewards: 5.0

      cost: 4.5

      APR: 3.1

      Other Features: 5.0

      1.5% Cash Back on Purchases

      Regular APR

      26.99% (V)

      Annual Fee

      $0

      Rewards Rate

      1.5% Cash Back

      Accepted Credit

      Excellent, Good, Limited History

      Regular APR

      26.99% (V)

      Annual Fee

      $0

      Rewards Rate

      1.5% Cash Back

      Accepted Credit

      Excellent, Good, Limited History

      Editors’ Thoughts

      Why We Like It: The Chase Freedom Rise℠ has a $0 annual fee, reports to the three major credit bureaus each month, and gives 1.5% cash back on all purchases. It also accepts applicants with limited or no credit history. That package is pretty much all you could hope for from a starter credit card in 2024.

      What We Don’t Like: The card has a high APR.

      Who Should Get It: Consider applying for the Chase Freedom Rise℠ if you have limited credit history and don’t anticipate issues paying the bill on time every month.

      Pros, Cons & More Details

      Pros

      • No membership fees
      • Qualify with limited or no credit history

      Cons

      • High regular APR
      • Foreign fee

      Rewards Details

      • Earn Cash Back - With Chase Freedom Rise℠, you can start building credit while earning 1.5% cash back on all purchases.
      • Earn a $25 statement credit after signing up for automatic payments within the first three months of opening your account.

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • Increase your approval chances - Having a Chase checking account with a balance of at least $250 will increase your chances of getting approved for Chase Freedom Rise℠
      • Credit Limit Increase - As a Chase cardmember, you'll be evaluated for a credit line increase in as soon as 6 months.
      • Free Credit Score - Track your credit score and learn how to build it with Chase Credit Journey.
      • No Annual Fee - You won't have to pay an annual fee for all the great features that come with your Freedom Rise℠ card.
      • Member FDIC
      • More Details & Reviews About Chase Freedom Rise℠

      Pros, Cons & Details

      BEST LIMITED CREDIT HISTORY CREDIT CARD

      6 Best Credit Cards of April 2024 (20)

      3.9WalletHub Rating

      WalletHub Rating

      3.9

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Improve Credit by Paying in Full Each Month"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      4.7

      User Reviews

      3.5

      Market Comparison

      3.9

      fees: 2.8

      rewards: 5.0

      cost: 4.0

      Other Features: 4.5

      1.5 - 5% Cash Back on Purchases

      Regular APR

      30.74% (V)

      Annual Fee

      $39

      Rewards Rate

      1.5 - 5% Cash Back

      Accepted Credit

      Fair, Limited History

      Regular APR

      30.74% (V)

      Annual Fee

      $39

      Rewards Rate

      1.5 - 5% Cash Back

      Accepted Credit

      Fair, Limited History

      Editors’ Thoughts

      Why We Like It:The Capital One QuicksilverOne Card gives unlimited 1.5% cash back across all purchases. That’s way above average, and for all cards, too – not just starter cards for people with limited-to-fair credit.

      What We Don’t Like:There is an annual fee of $39. Carrying a balance from month to month would be expensive, too.

      Who Should Get It: Consider applying for Capital One QuicksilverOne if you expect to spend at least $2,600 per year and pay your bill in full every month. If you do that, you’ll earn enough in rewards to cover the cost of the card’s fee, according to our calculations.

      To learn more about why this is one of the best credit cards on the market right now, check out WalletHub’s complete Capital One QuicksilverOne review.

      Pros, Cons & More Details

      Pros

      • 1.5% cash back on all purchases
      • Available to people with limited or fair credit
      • No foreign transaction fees

      Cons

      • $39 annual fee
      • Above-average regular APR

      Rewards Details

      • Earn unlimited 1.5% cash back on every purchase, every day
      • No rotating categories or limits to how much you can earn, and cash back doesn't expire for the life of the account. It's that simple
      • Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024
      • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • Be automatically considered for a higher credit line in as little as 6 months
      • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
      • Help strengthen your credit for the future with responsible card use
      • Monitor your credit score with CreditWise from Capital One. It's free for everyone
      • Check out quickly and securely with a contactless card, without touching a terminal or handing your card to a cashier. Just hover your card over a contactless reader, wait for the confirmation, and you're all set
      • More Details & Reviews About Capital One QuicksilverOne Cash Rewards Credit Card

      Pros, Cons & Details

      Best for No Credit with an On-Time Payment Bonus

      6 Best Credit Cards of April 2024 (21)

      4.8WalletHub Rating

      WalletHub Rating

      4.8

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Improve Credit by Paying in Full Each Month"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      5.0

      User Reviews

      3.2

      Market Comparison

      4.9

      fees: 5.0

      rewards: 5.0

      cost: 4.9

      Other Features: 4.5

      1 - 1.5% Cash Back on Purchases

      Regular APR

      18.24% - 32.24% (V)

      Annual Fee

      $0

      Rewards Rate

      1 - 1.5% Cash Back

      Accepted Credit

      Excellent, Good, Fair, Limited History

      Regular APR

      18.24% - 32.24% (V)

      Annual Fee

      $0

      Rewards Rate

      1 - 1.5% Cash Back

      Accepted Credit

      Excellent, Good, Fair, Limited History

      Editors’ Thoughts

      Why We Like It:The Petal® 2 Visa® Credit Card rewards cardholders with 1% cash back on all eligible purchases, up to 1.25% back after 6 months of on-time payments, and 1.5% cash back after 12 consecutive months of paying on time.

      What We Don’t Like:The card has a high APR, so carrying a balance from month to month would generate expensive interest charges.

      Who Should Get It: Consider applying for the Petal 2 Card if you have limited credit, you want to earn cash rewards on all purchases, and you plan to pay the bill on time each month.

      Pros, Cons & More Details

      Pros

      • No membership fees
      • No foreign fee
      • Qualify with limited or no credit history
      • Does not require security deposit

      Cons

      • No rewards bonus
      • No balance transfers allowed

      Rewards Details

      • Up to 1.5% cash back on eligible purchases after making 12 on-time monthly payments.
      • 1% cash back on eligible purchases right away
      • 2% - 10% cash back at select merchants

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • No fees whatsoever. No late fee, foreign transaction fee, annual fee, or any-other-kind-of-fee, fee.
      • Variable APRs range from 18.24% - 32.24%
      • $300 - $10,000 credit limits
      • No credit score? No problem. If eligible, we'll create your Cash Score instead.
      • See if you're pre-approved within minutes without impacting your credit score.
      • Build credit alongside hundreds of thousands of Petal card members.
      • Petal reports to all 3 major credit bureaus.
      • No deposits required
      • Card issued by WebBank
      • More Details & Reviews About Petal® 2 Visa® Credit Card

      Pros, Cons & Details

      Students

      6 Best Credit Cards of April 2024 (22)

      3.38 out of 5 rating8 User Reviews8 User Reviews

      5.0WalletHub Rating

      WalletHub Rating

      5.0

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Build Credit by Paying in Full Each Month (Students)"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      4.7

      Market Comparison

      5.0

      fees: 5.0

      rewards: 5.0

      cost: 5.0

      Other Features: 5.0

      1 - 8% Cash Back on Purchases

      Regular APR

      19.99% - 29.99% (V)

      Annual Fee

      $0

      Rewards Rate

      1 - 8% Cash Back

      Bonus Offer

      $50

      Accepted Credit

      Fair, Limited History

      Regular APR

      19.99% - 29.99% (V)

      Annual Fee

      $0

      Rewards Rate

      1 - 8% Cash Back

      Bonus Offer

      $50

      Accepted Credit

      Fair, Limited History

      Editors’ Thoughts

      Why We Like It:The Capital One SavorOne Student Cash Rewards Credit Card offers better rewards than other credit cards for students with limited credit, and it doesn’t even charge an annual fee. The card’s rewards package includes an initial bonus of $50 for spending $100 in the first 3 months and ongoing rewards of 1 - 8% cash back. Cardholders also enjoy $0 foreign transaction fees.

      What We Don’t Like:The card has high regular APR. Carrying a balance from month to month will erode your savings from rewards.

      Who Should Get It: Apply for this card if you are a college student with limited credit.

      Pros, Cons & More Details

      Pros

      • No membership fees
      • High rewards rate
      • Earn $50 initial rewards bonus
      • No foreign transaction fee

      Cons

      • Potential for a high interest rate

      Rewards Details

      • Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), with 1% on all other purchases
      • Early Spend Bonus: Earn $50 when you spend $100 in the first three months
      • Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024
      • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
      • Earn up to $500 a year by referring friends and family when they're approved for a Capital One credit card
      • Earn 8% cash back on entertainment purchases when you book through the Capital One Entertainment portal

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
      • Enjoy no annual fee, foreign transaction fees, or hidden fees
      • Build your credit with responsible card use
      • Whether you're at a 4-year university, community college or other higher education institution, this card might be an option for you
      • More Details & Reviews About Capital One SavorOne Student Cash Rewards Credit Card

      Pros, Cons & Details

      BUSINESS

      BEST BUSINESS CREDIT CARD

      6 Best Credit Cards of April 2024 (23)

      2.78 out of 5 rating9 User Reviews9 User Reviews

      4.3WalletHub Rating

      WalletHub Rating

      4.3

      This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated the card for various cardholder needs and picked the rating for the need most relevant to this page ("Business - Earn Rewards"). The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive.

      Editor’s Rating

      4.8

      Market Comparison

      4.2

      fees: 2.9

      rewards: 4.7

      cost: 4.5

      Other Features: 0.0

      2 - 5% Cash Back on Purchases + $1,200 Bonus

      Regular APR

      Not Applicable

      Annual Fee

      $150

      Rewards Rate

      2 - 5% Cash Back

      Bonus Offer

      $1,200

      Accepted Credit

      Excellent

      Regular APR

      Not Applicable

      Annual Fee

      $150

      Rewards Rate

      2 - 5% Cash Back

      Bonus Offer

      $1,200

      Accepted Credit

      Excellent

      Editors’ Thoughts

      Why We Like It:Capital One Spark 2% Cash Plus is the best business credit card right now, in part because new cardholders can get an initial bonus of $1,200 for spending $30,000 in the first 3 months. Capital One Spark 2% Cash Plus also gives 5% cash back on hotel and rental cars booked through Capital One Travel, as well as 2% cash back on all other purchases.

      What We Don’t Like: There is a $150 annual fee, and you have to pay the bill in full every month.

      Who Should Get It: Business owners with excellent personal credit who want to earn unlimited cash back rewards on everyday purchases should consider applying.

      Pros, Cons & More Details

      Pros

      • High rewards rate
      • Earn $1,200 initial rewards bonus
      • No foreign transaction fees

      Cons

      • High membership fees
      • Requires excellent credit
      • Must be paid in full each month

      Rewards Details

      • Earn a one-time cash bonus of $1,200 once you spend $30,000 in the first 3 months
      • Earn unlimited 2% cash back on every purchase, everywhere—with no limits or category restrictions
      • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
      • Add employee cards for free, and earn unlimited 2% cash back from their purchases

      Interest Rate Breakdown

      BalanceAPY

      Additional Info

      • Info about the card has been collected by WalletHub to help consumers better compare cards. The financial institution did not provide the details.
      • Comes with no preset spending limit, so it can adapt to your needs based on your spending behavior, payment history and credit profile
      • Get your $150 annual fee refunded every year you spend at least $150,000.
      • Spark 2% Cash Plus has no APR because your balance is due in full every month
      • More Details & Reviews About Capital One Spark 2% Cash Plus

      Pros, Cons & Details

      WalletHub's Research


      61

      Research Hours

      371

      Companies Reviewed

      1,745

      Cards Reviewed

      • Best Credit Cards of 2024
      • Best credit card by credit score
      • Best credit card by credit card company
      • Top rated credit cards by users
      • Methodology
      • Sources
      • Beginner's Guide
      • About the author
      • User questions & answers
      • Expert opinions

      Best Credit Cards of 2024Compared

      Card NameBest ForAnnual FeeEditor's Rating
      Wells Fargo Active Cash® CardOverall$05/5
      Discover it® Secured Credit CardBad Credit$05/5
      Chase Sapphire Preferred® CardTravel Credit Card$955/5
      Chase Freedom Unlimited®Low APR & Rewards$05/5
      Citi Double Cash® CardFair Credit$05/5
      Chase Freedom Rise℠No Credit$05/5
      Wells Fargo Reflect® Card0% Intro APR Credit Card$04.8/5
      Capital One Savor Cash Rewards Credit Card*Dining & Entertainment Credit Card$955/5
      Capital One Spark 2% Cash Plus*Credit Card for Business$1504.8/5
      Blue Cash Preferred® Card from American ExpressGas & Groceries Credit Card$0 intro 1st yr, $95 after4.7/5
      Capital One SavorOne Student Cash Rewards Credit Card (see Rates & Fees)Credit Card for Students$04.7/5

      It’s important to remember that lots of credit cards have great terms in one or more categories, but even the best credit card offers aren’t perfect. So it's easiest to identify the best credit card for your needs if you know exactly what you’ll be using it for.

      Plus, you can get great terms for every transaction that you make by following the Island Approach. That means using a few different cards for specific purposes. For example, you could have separate cards for earning rewards on everyday purchases, doing a balance transfer and saving money at your favorite store.

      Finally, knowing your credit score is crucial to finding the right credit card. If you don’t know where you currently stand, you can check your latest credit score for free on WalletHub. The top credit cards overall require good or excellent credit for approval.

      Best Credit Card by Credit Score

      Best Credit Card by Credit Card Company


      American Express

      The best credit card from American Express is the Blue Cash Preferred. Amex Blue Cash Preferred comes with a valuable initial bonus offer plus ongoing bonus rewards in popular purchase categories. There are plenty of attractive alternatives, too. For big-spenders whose top expenses include travel, the American Express® Gold Card is a popular option. Most Amex credit cards require at least good credit for approval.

      Bank of America

      The best credit card from Bank of America is the Bank of America® Premium Rewards® credit card. It offers the highest two-year savings from rewards, after subtracting annual fees, of any Bank of America card for personal use.

      Capital One

      The best all-around credit card from Capital One is the Capital One Quicksilver Cash Rewards Credit Card (see Rates & Fees). If you’d like to earn straightforward rewards while enjoying a $0 annual fee and a 0% introductory APR, Quicksilver is a great choice.

      Chase

      The best all-around credit card from Chase is the Chase Freedom Unlimited®. It offers great rewards, a $0 annual fee and a 0% introductory APR. For people who prefer travel rewards, the Chase Sapphire Preferred® Card is a popular option.

      Citi

      The best Citibank credit card is the Citi Double Cash® Card. The card offers great everyday rewards and can help you get out of debt.

      Discover

      The best Discover credit card is the Discover it® Cash Back. It offers a high bonus rewards rate, and Discover will double all the rewards you earn the first year as a first-anniversary present.

      Wells Fargo

      The best Wells Fargo credit card is the Wells Fargo Active Cash® Card. It offers rewards at a flat rate on all purchases as well as a solid initial bonus, and there is no annual fee.


      U.S. Bank

      The best U.S. Bank credit card is the U.S. Bank Cash+® Visa Signature® Card because it has a $0 annual fee and good rewards. New cardholders get an initial bonus of $200 cash back for spending $1,000 in the first 120 days, and all cardholders earn 1 - 5% cash back on purchases normally.

      Visa

      The best overall Visa credit card is the Chase Freedom Unlimited®. It has a $0 annual fee, rewards cardholders with 1.5 - 5% cash back, and offers an introductory APR of 0% for 15 months.


      Mastercard

      The best Mastercard credit card is the Citi Premier® Card due to its strong rewards. There’s an initial bonus of 60,000 points for spending $4,000 in the first 3 months, plus ongoing rewards of 1 - 3 points per $1. The card also has a $95 annual fee.

      Top Rated Credit Cards by Users

      You can learn a lot from other people’s credit card reviews and ratings. For instance, the credit cards with the best user ratings typically provide top-notch terms and high customer satisfaction. With that in mind, we’ve selected the cards from our database of 1,500+ credit card offers that have the highest average ratings among WalletHub users (minimum of 200 ratings). You can check them out below.

      Methodology for Selecting the Best Credit Cards

      To identify the best credit cards, WalletHub’s editors routinely compare the latest rewards, interest rates and fees offered by 1,500+ credit cards, including cards from WalletHub’s partners and notable new offers. We try to select the best credit cards for each credit rating, plus newcomers, as well as for each major credit card category.

      Our editors’ picks for the best credit cards are based on a thorough analysis of key WalletHub Rating components, such as credit standing required, user type, type of rewards, 0% APR introductory periods and initial rewards bonuses. Picks are selected based on the lowest two- year cost.

      How Two-Year Cost Is Calculated

      Two-year cost is used to calculate the monetary value of cards for better comparison and is calculated by combining annual and monthly membership fees over two years, adding any one-time fees or other fees (like balance transfer fees), adding any interest costs, and subtracting rewards. Negative amounts indicate savings. When fees or other terms are presented as a range, we use the midpoint for scoring purposes.

      Rewards bonuses and credits have been taken into account for two-year cost calculations. However, bonuses applicable to only a very small portion of cardholders are not considered. For example, credits and bonuses awarded for spending or redeeming rewards through a company portal with non-co-branded cards have not been taken into account. Similarly, bonuses and credits related to spending with specific merchants using a non-co-branded card have not been taken into account (for example, if Card A offers credits with DoorDash, this feature would not be factored into calculations because it is hard to assess how many cardholders would use the benefit or exactly how much value they'd get from it).

      Cardholder Spending Profiles

      Given that different users have different goals and are likely to use their credit cards differently, we identified spending profiles that are representative of different users’ financial priorities and behaviors. For each cardholder type, we have assumed a specific amount of monthly spending by purchase type (e.g., groceries, gas, etc.), as well as an average balance, balance transfer amount, amount spent on large purchases and average monthly payment. Spending assumptions are based on Bureau of Labor Statistics data for consumers and PEX data for businesses.

      Credit Card Landscape Analysis

      To make it onto WalletHub’s best credit cards list, a card must have truly stand-out terms compared to the competing options. Staying on the list is even more difficult, considering how competitive the credit card landscape has become. For points of reference, WalletHub’s latest Credit Card Landscape Report has updated averages for the most important credit card features, from fees and interest rates to rewards.


      Sources

      WalletHub actively maintains a database of 1,500+ credit card offers, from which we select the best credit cards for different applicants as well as derive market-wide takeaways and trends. The underlying data is compiled from credit card company websites or provided directly by the credit card issuers. We also leverage data from the Bureau of Labor Statistics to develop cardholder profiles, used to estimate cards’ potential savings.

      Credit Card Guide for Beginners

      What Is a Credit Card?

      Acredit cardis a payment method that lets you make purchases without having the money up front, then repay the card issuer at a later date. In return for the ability to make purchases on credit, you may have to pay interest or fees, depending on the card and how soon you pay the bill in full.

      A credit card is different from a debit card, for example, because you can borrow money rather only spending what’s in your bank account. Plus, using a credit card responsibly is one of the most efficient ways to build credit, and other payment methods such as debit cards and cash won’t affect your credit score.

      Credit cards also provide a wide variety of money-saving perks, depending on which type you get. There are many different types of credit cards to choose from.

      6 Major Types of Credit Cards

      1. Standard unsecured credit cards – Unsecured means you don’t need to place a security deposit. Most credit cards belong to this group.
      2. Secured credit cards – A secured credit card requires you to place a refundable security deposit, and your spending limit equals the amount you put down.
      3. Credit cards for students – A student credit card is a type of unsecured card geared specifically to people who are in school, who tend to be young and have above-average earning potential, which warrants better terms than inexperienced applicants would usually get.
      4. Small business credit cards – Business credit cards have rewards and other account features designed to help small business owners save money and time. Even though they are a separate class of credit cards, most business credit cards still hold you personally liable for unpaid balances.
      5. Store credit cards – Also known as retail credit cards, store cards can only be used to make purchases with the retailer or group of companies affiliated with the card. Co-branded credit cards are similar, too, but they belong to a major card network and can be used practically anywhere.
      6. Charge cards – A charge card is a type of credit card that requires you to pay the bill in full every month and typically provides competitive rewards. With a normal credit card, only a minimum payment equal to a fraction of the full amount due is needed to keep the account in good standing.

      Many credit cards will reward you for every dollar you spend on purchases, and some will even offer you a certain number of months without interest charges. Learn more about what credit cards are and what the different types of credit cards bring to the table.

      How Does a Credit Card Work?

      Credit cards work based on a buy-now-pay-later arrangement. When you use a credit card to make a purchase, you’re borrowing money from the credit card’s issuer to complete the transaction. You then have to repay the issuer for the amount of the purchase. If you pay the full amount that you owe by your monthly due date, you will not owe any interest charges. If you make only a partial payment, interest will be added to your unpaid balance.

      As long as you pay at least the minimum amount due by your credit card’s monthly due date, you will get credit for paying on time. This will be noted on your credit report, and if you pay on time every month, you will gradually build a good credit score.

      Other Key Things to Know About How Credit Cards Work

      • You are eligible for a credit card if you are at least 18 years old and you have a steady income.
      • Approval for a credit card largely depends on your track record as a borrower, your income and how much debt you owe.
      • Credit cards can help you perform different types of transactions, including purchases,balance transfersandcash advances.
      • Credit cards report to the major credit bureaus on a monthly basis, making it easy to build credit.
      • Credit card companies make money from fees and interest charges, but you can avoid both by picking the right card and understanding the payment timeline.
      • The best credit cards can save the average person hundreds of dollars per year.

      Learn more about how credit cards work.

      How Credit Card Interest Works

      A credit card charges interest when you do not pay your full statement balance from the previous month by the due date. Interest charges are assessed daily, and they apply to both your unpaid balance and any new purchases you make. The interest also compounds, which means the interest you’re charged one day becomes part of the balance interest applies to the next day. The amount you’re charged each day can be determined by dividing the credit card’s APR by 365 and then multiplying the result by your average daily balance.

      If you pay your credit card bill in full by the due date every month, you will not have to pay interest. Credit cards typically offer a so-called grace period from the date your bill becomes available to when you need to submit payment, and interest charges won’t accrue during that period if you always pay in full.

      Credit card interest can be confusing, but the good news is that it’s avoidable. The best way to avoid credit card interest charges is to set up automatic monthly payments from a bank account for the full amount due. As long as you have enough money in your bank account, you won’t have to worry about interest.

      How to Calculate Credit Card Interest

      The easiest way to calculate credit card interest charges is to use our credit card interest calculator. You can see how much it will cost to pay off a balance at a particular interest rate, as well as how much switching credit cards could save you.

      In addition, your credit card account statements list information about how much interest you owe. Statements also detail how long it will take to pay off your balance with just the minimum monthly payment and how much you would spend on interest in the process.

      Pros and Cons of Credit Cards

      One of the main advantages to at least owning a credit card is that it can help you build credit even if you don’t make any purchases. If you decide to make purchases with your credit card, you will encounter numerous other advantages, including valuable rewards, low-interest financing opportunities, and fraud protection.

      On the other hand, misusing a credit card could get you into trouble with costly debt that could lead to credit score damage. Fortunately, there are steps you can take to minimize the potential downsides of credit cards while maximizing the benefits. For example, the combination of a simple budget and automatic monthly payments can help keep your spending in check and your credit score moving in the right direction.

      Learn more about the pros and cons of credit cards.

      How Do You Get a Credit Card?

      The best way to get a credit card is to compare offers, find the right card for your needs and then apply for that card online. It’s the most convenient way to apply, and you should get an instant decision.

      Just make sure your credit report isn’t locked or frozen, as that will prevent your application from being processed properly. For your convenience, we’ll break the process down step by step below.

      How to Apply for a Credit Card & Get Approved

      1. Get pre-approved / pre-qualified first – This will give you a good sense of your approval odds.
      2. Check your latest credit score – This will help you determine which cards to compare.
      3. Compare credit card offers – This will increase your odds of getting the best card possible. If you plan to pay the bill in full monthly, focus on rewards cards. If not, look for a card with a 0% intro APR.
      4. Pick the best card for your needs – Estimate how much each card will save you to make this decision.
      5. Fill out an online credit card application – You just need some basic info, including your SSN or ITIN.
      6. Submit your application and wait for a decision – Most online credit card applicants get a decision within minutes.
      7. Get your card in the mail – This may take 7-10 business days.

      Learn more about how to get a credit card.

      How to Choose the Best Credit Card for You

      One of the easiest ways to find the best credit card for your needs is to sign up for a free WalletHub account. Our proprietary tools will evaluate your credit history and information you provide about your spending and payment habits, and we’ll recommend cards with high approval odds that can help you maximize your savings.

      You can also try our free CardAdvisor tool for a quick recommendation without providing any personal info. Or you can compare credit card offers on your own. Whichever method you choose, there are a few rules of thumb to keep in mind as you are whittling down the universe of 1,500+ credit card offers into the single best card for you.

      Tips for Choosing the Best Credit Card

      1. Focus on maximizing your savings from rewards if you plan to use the card for everyday purchases. Interest won’t affect you if you pay the bill in full monthly, which should be possible with everyday purchases. So, try to estimate how much each card’s rewards will earn you over the course of a year and then subtract any annual fees. This will tell you which card is likely to save you the most money at the end of the day.
      2. Find the longest 0% introductory APR you can qualify for if you can’t pay in full. Using a 0% credit card for big purchases that will take you months to pay off will help you avoid expensive interest charges and save a bundle. Rewards don’t matter as much for these types of transactions, and the regular APR only matters if you don’t expect to be debt-free by the end of the intro period.
      3. Use a balance transfer calculator if you have existing debt. There’s a lot to consider when you’re shopping for a balance transfer credit card, including the introductory APR offer, the balance transfer fee, the regular APR, and how much you can afford to pay per month. Plugging the details into a balance transfer calculator will make it a lot easier to find the ideal card.
      4. Try to minimize fees if you have limited or bad credit. The best cards for building credit have no annual fee. Paying extra doesn’t get you much added benefit until you have good credit.

      How Many Credit Cards Should You Get?

      You should only apply for one credit card at a time. Submitting numerous credit card applications simultaneously is likely to hurt your credit score and jeopardize your chances of getting approved. Over time, you can gradually add new credit card accounts in order to maximize your savings.

      Once you have a good or excellent credit score, you might want to try the Island Approach. This credit card strategy involves using separate credit cards for different types of transactions. For example, you might have a rewards card for everyday purchases and a 0% card for saving on interest.

      Learn more about how many credit cards you should have.

      What Is the Best Way to Use a Credit Card?

      The best way to use a credit card is to make it your everyday spending method and set up automatic monthly payments from a linked bank account to ensure your full statement balance is paid off by the due date each billing period. This allows you to enjoy benefits such as convenient purchases, rewards and $0 fraud liability without overspending or wasting money on interest. It also helps you build credit.

      If you need to finance big-ticket purchases or reduce the cost of existing debt, you can get a separate card with a 0% introductory APR so your everyday purchases don’t accrue interest. And if you’re interested in more tips, you can find some good ones below.

      Tips for Using Your Credit Card Responsibly

      1. Never max out your spending limit: Using your full credit limit is bad for your credit score. The balance on your monthly statement should be less than 30% of your limit.
      2. Never miss a due date:Payment history is the most important ingredient in your credit score. At the very least, you need to pay the minimum amount required by your monthly due date. Automatic payments from a bank account are very helpful with this.
      3. Pay in full to avoid interest:You can avoid expensive credit card interest charges by always paying the full balance listed on your monthly statement by the due date.
      4. Review your monthly statements:This will help with budgeting, and it will give you a chance to review your bill for mistakes.
      5. Redeem rewards regularly: Credit cards with rewards are available to people of all credit levels, from bad or limited credit to excellent credit, so you should be earning rewards on your everyday purchases. You should also be redeeming those rewards regularly in order to actually enjoy them and to prevent your points, miles or cash back from expiring.
      6. Keep old accounts open: If your oldest credit card accounts have $0 annual fees, keeping them open rather than cancelling the accounts will benefit your credit score by making your credit history look longer. You may have to make a purchase every once in a while to keep the accounts active.

      Learn more about how to use a credit card.

      How to Maximize Your Credit Card Rewards

      The right rewards credit card can easily save you more than $500 per year if you use it wisely. Here are some tips for getting the best results:

      1. Pick the right rewards credit card(s).
        Choosing the right card is at least half the battle. The best cards offer hundreds of dollars in extra savings per year, and you can maximize the value of a new card by choosing one with a big initial bonus and ongoing bonus rewards for purchases in your biggest spending categories.
      2. Use more than one credit card.
        Having more than one rewards card allows you to maximize the rewards you earn on every purchase. For example, you could have one workhorse credit card offering 1.5% - 2% cash back on all purchases, plus another card offering up to 5% back in select bonus categories that you use only for purchases in those categories. Alternatively, you could have a cash back card for everyday purchases and a card with points or miles for travel expenses.
      3. Find the most valuable redemption method.
        If you get a card with points or miles, how you redeem those rewards might affect the value you get from them. In many cases, you will get the best redemption value when you redeem points or miles for travel. In some cases, you might even lose half the value of your points or miles if you redeem them for cash back. So, make sure to check the redemption rules before applying for a credit card, to confirm you’ll be able to redeem regularly without sacrificing value.
      4. Pay your balance in full every month.
        Even the best credit cards with rewards also have high interest rates. If you don’t pay the full balance due on time each month, the interest charges the unpaid balance generates will quickly wipe out your savings from rewards.

        The exception is when a rewards card offers a 0% introductory APR promotion, in which case you only need to pay the minimum amount due each month the intro APR is in effect. But you’ll need to pay off your full balance by the time the regular interest rate takes effect if you want to avoid being charged.

      5. Redeem your rewards regularly.
        Some credit card rewards won’t expire as long as your account is open and in good standing. In other cases, rewards will expire a certain amount of time after you earn them or after a long period of account inactivity. Redeeming regularly saves you from losing points, miles or cash back to expiration. It also reduces the likelihood of losing out due to rewards devaluation, and it ensures you actually get to benefit from your earnings.

      Learn more about how to maximize your credit card rewards.

      What Are Some Credit Card Mistakes to Avoid?

      A credit card is an extremely useful tool, but you must use it responsibly to benefit. In particular, steering clear of the following mistakes will make your relationship with credit cards a fruitful one.

      1. Not Having a Credit Card or Choosing the Wrong One.
        Credit cards are the best tools for building credit, as you don’t even need to make purchases to benefit.Furthermore, the best credit cards can save you hundreds of dollars more per year than the worst cards, so it’s a high-stakes decision.

        You can get personalized credit card recommendations if you sign up for a free WalletHub account.

      2. Not Paying at Least the Minimum by the Due Date Every Month.
        If you pay less than the minimum amount due, you won’t get credit for paying and your credit score may suffer.Setting up autopay can at least remove forgetfulness from the equation.
      3. Paying Interest at a Card’s Regular Rate
        Credit card interest rates are extremely high, especially right now. Carrying a balance from month to month at a rate north of 20% is a losing proposition.

        If you need to finance big purchases or do a balance transfer, try to use a card with a 0% introductory APR and then pay off your balance before the regular APR takes effect.You can use a separate rewards card for everyday purchases that you’ll be able to pay off by the due date each month.

      4. Not Taking Advantage of Limited-Time Deals.
        You don’t want to apply for a new credit card every month, but you should be on the lookout for unique savings opportunities that you can take advantage of. A new card once a year isn’t a bad thing.

        The best credit card deals right now can get you $500+ in initial bonuses and as long as 21 months without interest.

        If a card has an annual fee, you could close it after getting the deal you’re after. If there’s no annual fee, you can keep it open with no balance to benefit your credit score.

      5. Not Reviewing Account Statements or Changing Passwords.
        Reviewing your bill every month is especially important if you sign up for autopay. Otherwise, you might end up paying for purchases that you didn’t actually make. If you notice suspicious charges, though, you can report them to the credit card company and avoid wasting money.

      Regularly changing your credit card account’s password can also help you stay safe from fraud.

      Learn more about credit card mistakes to avoid.

      About the Author

      6 Best Credit Cards of April 2024 (24)

      John S Kiernan

      John Kiernan has covered the credit card industry for more than 15 years as a writer and editor for WalletHub. His work has been featured by major media outlets such as The Washington Post, Fox News and The New York Times and has been cited by industry regulators such as the Consumer Financial Protection Bureau.

      Twitter Email Full Bio

      Best Credit Cards FAQ

      Finding the best credit card can be tough. But you’ve got the knowledgeable WalletHub community on your side. We encourage everyone to share their knowledge while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not the financial institution’s responsibility to ensure all posts and questions are answered. WalletHub independently collected information for some of the cards on this page.

      33

      Upvotes

      What are the best credit card companies?

      Reply

      33

      Milvionne Chery Copeland, Writer

      @milvionne_copeland

      The best credit card companies are American Express and Capital One, based on customer satisfaction. American Express ranks first in the latest J.D. Power Credit Card Satisfaction Study, and Capital One isn't far behind, as both companies have some of the best credit cards according to WalletHub.

      Some of the factors the J.D. Power study used to measure customer satisfaction include credit card terms, communication, rewards, benefits and services, and problem resolution. Below, you will find the companies' rankings and overall customer satisfaction scores based on a 1,000-point index.

      Best Credit Card Companies

      Credit Card Company

      Consumer Satisfaction Score (out of 1,000)

      American Express

      657

      Bank of America

      629

      Discover

      629

      Capital One

      616

      Chase

      607

      Citi

      606


      At the end of the day, it's also fair to say that the best credit card companies are the ones offering the best credit cards. Below, you can check out a handful of WalletHub's picks for the best credit cards right now.

      Best Credit Cards Right Now

      1

      16

      Upvotes

      What credit card do millionaires use?

      Reply

      16

      Chip Lupo, Credit Card Writer

      @CLoop

      Millionaires use credit cards like the Centurion® Card from American Express, the J.P. Morgan Reserve Credit Card. These high-end credit cards are available only to people who receive an invitation to apply, which millionaires have the best chance of getting. For example, in the case of the Amex Centurion Card – also known as “the Black Card” – you reportedly need to charge at least $100,000 across Amex credit cards every year to even qualify for an invite. The Platinum Card® from American Express is another exclusive credit card that...

      1

      1

      18

      Upvotes

      What is the most widely accepted credit card?

      Reply

      18

      WalletHub

      @WalletHub

      Visa and Mastercard are the most widely accepted credit cards, as both types can be used at 35+ million locations in 200+ countries and territories. If you're looking for a card to use abroad, our pick for the best credit card for international travel is the Chase Sapphire Preferred Visa Card because of its bonus rewards.

      Mastercard is accepted in more countries than Visa, yet roughly 7 million more merchants worldwide take Visa. Both have a claim to the title of...

      8

      35

      Upvotes

      What are the best credit cards for a 600 credit score?

      Reply

      35

      6

      WalletHub

      @WalletHub

      One of the best credit cards for a 600 credit score is the Capital One Quicksilver Secured Cash Rewards Credit Card (see Rates & Fees). This card comes with generous rewards, offering 1.5 - 5% cash back on purchases, and it also has a $0 annual fee.

      Generally, the best credit cards for a 600 credit score are secured cards because they offer easy approval and are usually much less expensive than unsecured credit cards for bad credit. Secured credit cards require a security deposit, and the card's credit limit is equal to the amount of the deposit....

      23

      1

      View more answers

      27

      Upvotes

      Which type of credit card is best?

      Reply

      27

      Adam McCann, Financial Writer

      @adam_mcan

      The best type of credit card is an unsecured card with rewards and no annual fee because it saves consumers a lot of money on purchases. The best credit card overall is Chase Freedom Unlimited®. This card offers 1.5 - 5% cash back on purchases and and comes with a $0 annual fee.

      For any individual person, though, the best type of credit card depends on their specific needs. Some people need cards that cater to low credit scores, while...

      2

      1

      Upvote

      Which credit card is best for all purposes?

      Reply

      1

      Ryan P Page, Staff Writer

      @ryan_page

      The best all-purpose credit card is the Wells Fargo Active Cash® Card because it has a $0 annual fee, a low introductory interest rate, and one great rewards rate for all purchases. You can earn 2% cash rewards on every purchase and an extra $200 cash rewards after spending $500 in the first 3 months.

      In addition to the rewards, you can enjoy an introductory APR of 0% for 15 months from account opening on purchases and qualifying balance transfers if you get this card. Wells Fargo Active Cash has a regular APR of 20.24% - 29.99% Variable and a balance transfer...

      120

      Upvotes

      What is a good interest rate on a credit card?

      Reply

      120

      5

      Christie Matherne, Credit Card Writer

      @christie_matherne

      A good interest rate on a credit card is 14% and below, as that's better than the average regular interest rate on credit cards for people with excellent credit. It is best to avoid paying any interest charges, however, which is why credit cards with 0% introductory APRs are so popular.

      How to Get a Good Interest Rate on a Credit Card

      There are three ways to get the best possible credit card interest rate.

      1. For...

      9

      37

      Upvotes

      What is the best credit card overall?

      Reply

      37

      5

      John S Kiernan, Managing Editor

      @John

      The best credit card overall is the Wells Fargo Active Cash® Card because it has a $0 annual fee, an introductory APR of 0% for 15 months from account opening on purchases and qualifying balance transfers, and excellent rewards. Overall, Wells Fargo Active Cash has a rating of 5/5 from WalletHub editors.

      Why Wells Fargo Active Cash Is the Best Credit Card

      • Initial Bonus: $200 cash rewards after spending $500 in the first 3 months
      • Ongoing Rewards: 2% cash rewards
      • Introductory APR: 0% for 15 months from account opening on purchases and qualifying balance transfers
      • Annual Fee: $0
      • Regular APR: 20.24% - 29.99% Variable
      • ...

      15

      33

      Upvotes

      What are the best credit cards for travel rewards?

      33

      1

      John Kiernan, Credit Card Editor

      @John

      The best travel credit cards can help you earn free flights, hotel stays and other travel accommodations with every purchase. Known for big initial bonuses and rich ongoing rewards, the best travel rewards credit cards can easily save you more than $1,000 over the first two years of use. Below, you can find our picks for the best credit cards for travel, selected from more than 1,500 offers using WalletHub's proprietary 100-point card rating system.

      When selecting your travel credit card, consider your normal travel habits. If you use a certain airline or hotel brand most of the time, it may be worth getting a card co-branded with that particular company. If you use a wide variety of providers, then opt for a general-purpose travel card and not one affiliated with a hotel or airline.

      WalletHub's best credit card picks and ratings are completely independent and not provided, commissioned, or endorsed by any issuer. In addition, our editors follow a strict editorial policy. Some offers may come from WalletHub's advertising partners. WalletHub independently collected information forsome of the cards on this page.

      View entire answer

      35

      Upvotes

      What are the best cash back credit cards?

      35

      John Kiernan, Credit Card Editor

      @John

      The best cash back credit cards give you at least 1.5% cash back on purchases, along with $0 annual fees, initial bonus offers or 0% APR promotions. To help you find the best card for your needs, we compared 1,500+ offers using WalletHub's proprietary 100-point credit card rating system.

      You will need good or excellent credit to get approved for the best cash back credit cards overall, but there are strong cash back offers if you have fair, limited or bad credit, too. If you spend a lot of money in certain categories, like dining, gas, groceries or entertainment, you should consider getting a card that gives bonus rewards in one or more of those categories. If not, get a card that offers a solid flat rewards rate on all purchases. The average cash back rate is around 1%, so anything above that is decent.

      WalletHub's best credit card picks and ratings are completely independent and not provided, commissioned, or endorsed by any issuer. In addition, our editors follow a strict editorial policy. Some offers may come from WalletHub's advertising partners.WalletHub independently collected information forsome of the cards on this page.

      View entire answer

      6 Best Credit Cards of April 2024 (2024)

      FAQs

      6 Best Credit Cards of April 2024? ›

      The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on all purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card gives about 1% back. Cardholders can also get an initial bonus of $200 cash rewards after spending $500 in...

      What is the #1 credit card to have? ›

      The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on all purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card gives about 1% back. Cardholders can also get an initial bonus of $200 cash rewards after spending $500 in...

      What are the three top credit cards? ›

      Best credit cards of April 2024
      • Best overall: Wells Fargo Active Cash® Card.
      • Best cash back on everyday spending: Blue Cash Everyday® Card from American Express.
      • Best for long intro APR: Wells Fargo Reflect® Card.
      • Best for balance transfers with excellent credit: Citi® Diamond Preferred® Card.
      5 days ago

      What are the 4 biggest credit cards? ›

      The four major credit card networks in the United States are Visa, Mastercard, American Express and Discover.

      Does closing a credit card hurt your credit? ›

      Closing a credit card could change your debt to credit utilization ratio, which may impact credit scores. Closing a credit card account you've had for a long time may impact the length of your credit history. Paid-off credit cards that aren't used for a certain period of time may be closed by the lender.

      What credit card is the most elite? ›

      What is the most prestigious credit card? One of the world's most prestigious credit cards is the Centurion® Card from American Express*. Though there may be other cards with more elaborate benefits, those cards are kept well under wraps.

      What is the most used credit card in USA? ›

      Most Common Types of Credit Cards

      Of the four main types of credit cards—Visa, Mastercard, American Express and Discover—Visa is by far the most common, making up 58.3% of cards in circulation.

      What is a good APR for a credit card? ›

      An APR is considered to be a good rate when it is at or below the national average, which currently sits at 20.40%, according to the Fed. This means that a credit card offering a fixed rate lower than 20.40% or a variable rate with a maximum of 20.40% would be considered a good APR for the average borrower.

      What bank has the best credit card? ›

      Best Credit Cards of 2024
      • Citi Custom Cash® Card: Best Cash-Back Fair Credit Card.
      • Discover it® Secured Credit Card: Best Secured Card for No Credit.
      • First Progress Platinum Prestige Mastercard® Secured Credit Card: Best Secured Card for Bad Credit.
      6 days ago

      Is Capital One Quicksilver a good credit card? ›

      The Quicksilver card is a solid flat-rate cash back card for cardholders who value simplicity, minimal fees and low-maintenance rewards. If you're looking for an attainable sign-up bonus or an intro APR to chip away at debt or finance new purchases, take a look at what this card can offer.

      What credit card company has the most complaints? ›

      Capital One was the most complained-about credit card company in 43 states, while Citibank was the most complained-about company in six states and the District of Columbia.

      What is the most secret credit card? ›

      The American Express Centurion Card, colloquially known as the Black Card, is a charge card issued by American Express. It is reserved for the company's wealthiest clients who meet certain net worth, credit quality, and spending requirements on its gateway card, the Platinum Card.

      Do billionaires use credit cards? ›

      What Credit Card Do the Super Rich Use? The super rich use a variety of different credit cards, many of which have strict requirements to obtain, such as invitation only or a high minimum net worth. Such cards include the American Express Centurion (Black Card) and the JP Morgan Chase Reserve.

      Is it better to have a zero balance on credit cards? ›

      Generally, a zero balance can help your credit score if you're consistently using your credit card and paying off the statement balance, at least, in full every month. Lenders see somebody who is using their credit cards responsibly, which means actually charging things to it and then paying for those purchases.

      Why did my credit score go down when I paid off my credit card? ›

      Similarly, if you pay off a credit card debt and close the account entirely, your scores could drop. This is because your total available credit is lowered when you close a line of credit, which could result in a higher credit utilization ratio.

      Is it better to cancel unused credit cards or keep them? ›

      Canceling a credit card will cause a direct hit to your credit score, so more often than not, you'll want to keep the account open. Correctly managing an open, rarely-used account may require some extra attention, but the added effort will help your credit in the long run.

      What type of credit card is the best? ›

      Best Credit Cards of 2024
      • Chase Sapphire Preferred® Card: Best Entry-Level Travel Card.
      • Capital One Venture X Rewards Credit Card: Best Flexible Rewards Card.
      • Chase Sapphire Reserve®: Best Credit Card for Travel Insurance.
      • The Platinum Card® from American Express: Best Credit Card for Luxury Travel and Lifestyle Benefits.
      6 days ago

      What is the best credit card for the average person? ›

      Best credit cards for fair and average credit
      • Best for cash back: Capital One QuicksilverOne Cash Rewards Credit Card (see rates and fees)
      • Best for welcome offer: Discover it® Secured Credit Card.
      • Best for intro 0% APR: Citi Double Cash® Card.
      • Best for no fees: Petal® 2 “Cash Back, No Fees” Visa® Credit Card.
      Apr 11, 2024

      Should I have at least 1 credit card? ›

      The answer isn't zero, say experts. More than three in 10 Americans think credit cards are “dangerous” or “evil,” according to a NerdWallet poll. But having at least one credit card and using it responsibly can be a financial benefit, especially for those looking to establish good credit, experts say.

      What is the best number of credit cards to have to build credit? ›

      Credit scoring formulas don't punish you for having too many credit accounts, but you can have too few. Credit bureaus suggest that five or more accounts — which can be a mix of cards and loans — is a reasonable number to build toward over time.

      References

      Top Articles
      Latest Posts
      Article information

      Author: Lilliana Bartoletti

      Last Updated:

      Views: 6236

      Rating: 4.2 / 5 (73 voted)

      Reviews: 80% of readers found this page helpful

      Author information

      Name: Lilliana Bartoletti

      Birthday: 1999-11-18

      Address: 58866 Tricia Spurs, North Melvinberg, HI 91346-3774

      Phone: +50616620367928

      Job: Real-Estate Liaison

      Hobby: Graffiti, Astronomy, Handball, Magic, Origami, Fashion, Foreign language learning

      Introduction: My name is Lilliana Bartoletti, I am a adventurous, pleasant, shiny, beautiful, handsome, zealous, tasty person who loves writing and wants to share my knowledge and understanding with you.