Chelsea Denning
Updated On:
July 27, 2020
There are a lot of credit card options out there. How do you pick the right one for you? We’ve narrowed down which credit cards should be in your wallet this year based on your credit and lifestyle goals. Whether you are looking for the Best Travel Card or a card for your Bad Credit , we’ve got you covered.
If you don't know what type of credit you have, you can find out here for free.
Best Card for Cash Back Rewards:
Chase Freedom Unlimited®
The Chase Freedom Unlimited® is best for those with good/excellent credit that want to earn cash back without paying an annual fee. You’ll earn unlimited 1.5% cash back on ALL purchases and the cash back rewards never expire for as long as your account is open. This card also has 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 14.99% - 23.74%.
- Credit Recommended (660-850):
- Good/Excellent
- Intro (Purchases)
- 0% Intro APR on Purchases 15 months
- Intro Rewards Bonus
- $200 bonus
- Annual Fee
- $0
- Intro (Transfers)
- N/A
- Regular APR
- 14.99% - 23.74% Variable
- Credit Recommended
- Good/Excellent
Highlights
- Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
- Earn unlimited 1.5% cash back on all other purchases.
- Earn 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1.5% on all other purchases.
- No annual fee.
- 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 - 23.74%.
- No minimum to redeem for cash back. Cash Back rewards do not expire as long as your account is open.
Best Card for Fair Credit (600-680 score):
First PREMIER® Bank Mastercard® Credit Card
With fair credit, it will be difficult to qualify for a rewards card, however, a card like the First PREMIER® Bank Mastercard® Credit Card is a great way to start getting that credit score up. This card has a manageable credit limit, meant to fit your budget and getting you back on track with timely payments.
- Credit Recommended:
- Fair/Poor
- Checking Account Required
- Yes
- Reports to Consumer Reporting Agencies
- Yes
- Card Brand
- Mastercard®
Apply Now
on First PREMIER® Bank secure website.
- Credit Recommended
- Fair/Poor
Highlights
- Choose which account management options are right for you.
- Build credit with First PREMIER*
- Fill out an application and know in 60 seconds if you’re approved!
- YOU’RE NOT ALONE - As the 12th largest issuer of Mastercard credit cards, First PREMIER Bank understands customer needs and is there for those who may be denied by other issuers.
- Manageable credit limit, manageable payment, meant to fit your budget
*Build credit by keeping your balance low and paying all your bills on time every month.
Best Card for Travel Rewards:
Chase Sapphire Preferred® Card
If you are looking for an amazing intro bonus and free travel opportunities, the Chase Sapphire Preferred® Card kicks your rewards in high gear with their incredible 80,000 bonus point sign up offer. This is valued at $1,000 toward travel through the Chase Ultimate Rewards®. Other perks like 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases. Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel. You will need good to excellent credit to qualify for the Chase Sapphire Preferred® Card.
- Credit Recommended (660-850):
- Good/Excellent
- Intro Rewards Bonus
- 80,000 bonus points
- Rewards Rate 1
- 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel
- Foreign Trans Fee
- $0
- Annual Fee
- $95
- Regular APR
- 15.99% - 22.99% Variable
- Credit Recommended
- Good/Excellent
Highlights
- Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
- Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
- With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Best Card for Poor Credit (Less than 600 score):
First Digital Mastercard®
If you have poor credit (less than 600 score) you may be wondering which card you can actually qualify for? The First Digital Mastercard® is a great option for those looking to improve their credit. This card reports to all major credit bureaus giving you the opportunity to help you improve your credit score as long as it is used responsibly. The First Digital Mastercard® gives you the convenience of a full-feature unsecured MasterCard®.
- Credit Recommended:
- See website for Details*
- Regular APR
- 35.99%
- Cash Advance APR
- 35.99%
- Annual Fee
- $75.00 for first year. After that, $48.00 annually.
- Late Payment Fee
- $40
- Return Check Fee
- $40
- Activation Fee
- $95.00 (one-time fee)
Highlights
- Get the security and convenience of a full-feature, unsecured MasterCard® Credit Card – accepted at millions of merchant and ATM locations worldwide and online.
- Build up your credit history with a card that reports to all three major credit bureaus every month.
- Perfect credit not required for approval; we may approve you when others won’t.
- Easy and secure online application – It takes just moments to apply.
- Issued by Synovus Bank, Member: FDIC
Unfortunately, most people don’t realize what credit cards they will actually qualify for. If this feels like you, you can get matched to the top credit cards specifically for you based on your credit score through the CreditSoup Card Finder . It’s a great tool to take the guesswork out of finding your next card!
Editorial Disclaimer: Information in these articles is brought to you by CreditSoup. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles. The information is accurate to the best of our knowledge when posted; however, all credit card information is presented without warranty. Please check the issuer’s website for the most current information.