By | March 20, 2020

Even though there is no one-size-fits-all when it comes to the best credit cards, there are still features that sets some credit cards apart as the best. This ranges from huge sign-up bonuses to mouth-watering rewards,  cash back and travel rewards to balance transfers etc.

Selecting the best credit cards will largely depend on your goals and lifestyle. Thus, we have hand-picked some top picks to help you find the best credit card that suits your needs better.

Best Credit Cards 2020 | Criteria for Choosing the Best Credit Card Offer

Criteria for Choosing the Best Credit Card Offer

The following features should be your guide when choosing the right card for your needs.

  • Select the card of your choice.
  • Check the card’s credit requirements
  • Evaluate the fees, this includes annual fee, foreign transaction fees, and balance transfer fee.
  • Know the interest rates.
  • Check the sign-up bonus.

Best Credit Card for Bad Credit

Credit One Bank® Visa Credit Card

What’s Good

Credit One Bank® Visa Credit Card is a good card for people with bad credit who are still trying to get back on their feet and offers the following unique benefits to cardholders;

  • 1% cash back rewards on eligible purchases including gas, groceries, as well as services like mobile phone, internet, cable and satellite TV, terms apply.
  • You can choose your own payment date and set up custom credit limit alerts.
  • Helps you track your credit-building progress.
  • You can set up custom email or text alerts so you’ll always stay updated of your payment due date, when your payment posts, or if your available credit runs low.
  • Choose from the array of card designs to show off your personality. A fee may apply.

What Fees Apply?

  • Intro Bonus  –  No current offer
  • Annual Fee –  $0-$99
  • Regular APR  –  19.49% –  25.49% variable.

Best Dining Rewards Credit Card

Capital One® Savor® Cash Rewards Credit Card

Capital One® Savor® Cash Rewards Credit Card is an ideal card for shoppers that eat at restaurants frequently. It offers 4% cash back on dining and entertainment, 2%at grocery stores, and 1% on all other purchases.

What’s Good?

  • Earn 4% unlimited cash back on dining and entertainment.
  • Enjoy 2% at grocery stores
  • 1% on all other purchases.

Offers a one-time $300 cash bonus after you spend $3000 on purchases within the first 3 months from opening an account.

No foreign transaction fees.

No rotating categories or sign-ups to earn cash rewards, and also cash back won’t expire for the life of the account with no limit to how much you can earn.

What Fees Apply

  • Intro Bonus  –  $300
  • Annual Fee  –  $95, waived first year
  • Regular APR  –  15.99% –  24.99% variable.

Best Flat Rate Cash Back Credit Card

Capital One® Quicksilver® Cash Rewards Credit Card

Capital One® Quicksilver® Cash Rewards Credit Card is an ideal card for someone that wants steady cash back without a care about spending categories. As a well-rounded flat-rate cash back card, this card delivers 1.5% cash back on all purchases, making it a great first rewards card.

What’s Good?

  • There’s a 1.5% unlimited cash back on every purchase, every day.
  • Enjoy a one-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening.
  • No rotating categories or sign-ups required to earn cash rewards, plus cash back won’t expire for the life of the account  and also there’s no limit to how much you can earn.
  • 0% intro APR on purchases for 15 months; 15.49%-25.49% variable APR after that.

What Fees Apply

  • Intro Bonus  –  $150
  • Annual Fee  –  $0
  • Regular APR –  15.49% – 25.49% variable.

Best Travel Rewards Credit Card

Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card is a card that comes in handy for travelers who want to earn unlimited miles. Applying for and getting this card, gives you a 50K mile sign-up bonus after spending $3,000 in the first 3 months, which sets you on your way toward your next vacation. With it, you can earn 2X miles on every purchase, which means that you do not need to track your spending in particular categories. Note also that miles are redeemable for travel statement credits, and you are free to book via discount travel sites.

What’s Good?

  • Earn and enjoy unlimited 2X miles on every purchase every day.
  • The Venture card offers a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening equal to $500 in travel.
  • No caps on miles that you can earn and miles won’t expire for the life of the account.
  • Get up to $100 application fee credit for Global Entry or TSA Pre®
  • Fly any airline and stay at any hotel anytime, with no blackout dates. You can transfer your miles to over 15+ leading travel loyalty programs.

What Fees Apply?

  • Intro Bonus – 50,000 miles
  • Annual Fee  –  $95, waived first year
  • Regular APR –  17.24% –  24.49% variable.

This is not an exhaustive list of the best credit cards out there, but if you have needs in these categories, these cards may fit just rich where you want them.