There are 100s of credit cards out there, some good, and some well, bad. We created this recently updated shortlist for the best credit cards of 2020 to help you see the best offers available and make the best decision for you.
From 0% Intro APR on both new purchases and balance transfers for 18 months, to double cash back, to 50,000 bonus miles, there’s a credit card for everyone on this list.
Stop using that old card in your wallet and use one of the better ones below by applying today.
American Express Cash Magnet® Card – $150 Welcome Offer
Keep more of your hard-earned money and enjoy a low interest rate with the intro APR of 0% on purchases for 15 months offered with the American Express Cash Magnet® Card – $150 Welcome Offer. As you pay down your balance interest free during that intro period, you'll also enjoy unlimited 1.5% Cash Back on your purchases. Redeem the cash back you earn for everyday purchases as a statement credit and pay down your balance even quicker!
But it doesn't stop there, new cardholders kickstart their cash rewards and earn a $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months. And did we mention that the American Express Cash Magnet® Card – $150 Welcome Offercomes with no annual fee? There's a lot to love with this powerful piece of plastic!
Citi® Diamond Preferred® Card
With one of the longest intro APRs available, the Citi® Diamond Preferred® Card is a top choice for anyone looking save money with a balance transfer. This market-leading offer comes with an intro APR of 0% for 18 months on Balance Transfers. There is also no annual fee and an intro APR of 0% for 18 months on Purchases.
That means you have almost two years to pay down your balance totally interest free. If you currently have a large balance on a credit card that is charging steep interest rates, the Citi® Diamond Preferred® Card could be the perfect card to help you finally escape those pesky interest charges. Apply today and enjoy a lengthy intro APR of 0% for 18 months on Balance Transfers!
Capital One® Quicksilver® Cash Rewards Credit Card
The Capital One® Quicksilver® Cash Rewards Credit Card makes earning cash back easy with a generous unlimited 1.5% Cash Back on every purchase, every day and a one-time $150 Cash Back after you spend $500 on purchases within 3 months from account opening. This card can also help you avoid high interest rates with an APR of 0% intro on purchases for 15 months.
We love this card because it takes the hassle out of earning cash back – there are 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. With the lucrative combo of 0% intro APR and cash back rewards on purchases, this card might be the perfect fit to help you save big. And to top it off, there is no annual fee.
Chase Freedom Unlimited®
Simplify your financial life with the Chase Freedom Unlimited® and earn a generous 1.5% cash back on all purchases, 0% Intro APR on Purchases for 15 months. True to its name, the Chase Freedom Unlimited® offers freedom from high interest rates with this attractive low interest offer and a flat-rate, but very lucrative cash back program. No more worrying about special bonus categories or annoying caps on how much cash back you can earn.
To kickstart your savings, new cardholders earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. And earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.. With no annual fee, cash rewards, and a lengthy intro APR, the Chase Freedom Unlimited® is an excellent everyday credit card for your wallet.
Citi® Double Cash Card – 18 month BT offer
When it comes to cash back cards, the Citi® Double Cash Card – 18 month BT offer is truly one of a kind – it's the only card that allows you to earn cash back twice. Cardholders earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. There are no limits to how much cash back you can earn and your cash back won't expire.
The Citi® Double Cash Card – 18 month BT offer is the perfect option for any consumers who don't want to have to put any extra thought into their credit card rewards. There's no rotating categories and no special bonuses on certain spending. You simply earn the same flat-rate of 2% no matter what you are purchasing. This card even comes with a top-tier intro APR on balance transfers: 0% for 18 months on Balance Transfers. If you're paying a high interest rate on your current credit card, that intro period can help you escape those pesky interest charges.
Capital One® Venture® Rewards Credit Card
Fed up with blackout dates and limited award availability with your travel credit card? The Capital One® Venture® Rewards Credit Card takes the hassle out of travel rewards with unlimited 2 Miles per dollar on every purchase, every day. That means whether you're buy groceries or shopping online, you'll earn the same consistent rewards rate with every purchase. To make redeeming as easy as possible, you can use your miles as a statement credit towards virtually any travel purchase – any airline or hotel, and even services like Uber and Lyft qualify!
You earn 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. You can also receive up to $100 application fee credit for Global Entry or TSA Pre✓®. There is an annual fee of $95, but when you consider all the rewards you earn, it's easy to see why the Capital One® Venture® Rewards Credit Card is such a popular choice for a travel credit card.
Citi Rewards+℠ Card
For an extra long intro APR on purchases AND balance transfers, the Citi Rewards+℠ Card is a top choice. This card comes with 0% for 15 months on purchases and balance transfers, and cardholders pay no annual fee. That lengthy intro period could provide the breathing room you need if you're paying a high intererst rate on another credit card or if you need to finance a big purchase and want to spread the payments out over time.
What really makes the Citi Rewards+℠ Card stand out is the stellar rewards program – Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases. There is also a sizeable sign up bonus so you can kickstart your rewards. Earn 15,000 bonus points after you spend $1,000 in purchases with your card within 3 months of account opening. With low interest rates, generous rewards, and no annual fee, the Citi Rewards+℠ Card has it all!
Blue Cash Preferred® Card from American Express
The Blue Cash Preferred® Card from American Express offers a nice 0% intro APR in addition to a stellar cash back program specifically designed for consumers who spend a lot of money on groceries and gas purchases. Enjoy a full year of no interest with 0% on purchases for 12 months . Kickstart your cash back earnings with a $250 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
For ongoing rewards, cardholders receive 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% Cash Back on select U.S. streaming subscriptions. 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more. 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases. There is a $95 annual fee associated with this card, but that's pretty easy to justify when you consider all the cash back it offers.
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