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 $200 bonus cash or travel rewards, 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.
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!
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.
Bank of America® Cash Rewards credit card
Earn cash back on your terms with the Bank of America® Cash Rewards credit card. This popular card offers one of the most flexible cash back programs available – earn 3% cash back in the category of your choice, 2% at grocery stores and wholesale clubs for the first $2,500 in combined choice category/grocery store/wholesale club quarterly purchases, 1% on every purchase.
You'll also enjoy a year of 0% intro APR while you earn cash back for the things you buy most. This card offers 0% Intro APR for 12 billing cycles for any balance transfers made in the first 60 days and 0% Introductory APR on purchases for 12 billing cycles. You pay no annual fee with this card from Bank of America, and to top it off, new cardholders can earn a $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Capital One VentureOne Rewards Credit Card
Sometimes you simply don't want to pay anymore fees on your credit card. If that sounds like you and you're looking for a travel rewards credit card, then the Capital One VentureOne Rewards Credit Card could be the perfect fit. This card comes with an APR of 0% intro on purchases for 12 months, no annual fee and a lucrative travel rewards program. Cardholders earn 1.25 miles per dollar on every purchase, every day. Whether you're spending on groceries or online shopping you'll earn the same generous rewards rate.
You also earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening! Where the Capital One VentureOne Rewards Credit Card really stands out is with how you can redeem your miles. This card offers unparalleled flexibility by allowing you to simply redeem miles as a statement credit towards travel purchases – that means any airline, any hotel, and even purchases like rental cars or vacation packages are typically included.
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 buying 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!
For a limited time, you can earn an enormous one-time bonus of 100,000 Miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3,000 on purchases in the first 3 months. 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.
Blue Cash Everyday® Card from American Express
With the Blue Cash Everyday® Card from American Express you earn bonus cash back for the things you buy most: 3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%). 2% Cash Back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases New cardholders also can earn a welcome offer of a 20% back on purchases at Amazon.com on the Card in the first 6 months, up to $200 back. Plus, earn $100 back after you spend $1,000 in purchases on your new Card within the first 6 months.
On top of the lucrative cash back, the Blue Cash Everyday® Card from American Express comes with a generous intro APR on purchases: 0% on purchases for 15 months. That can be a lifesaver if you need to make a big purchase and want to spread your payments out over time, interest free. Finally, cardholders love that even with all these perks, this card comes with no annual fee.
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 $200 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.
Bank of America® Travel Rewards credit card
Enjoy a generous rewards rate while paying no annual fee with the Bank of America® Travel Rewards credit card. With this card you earn unlimited 1.5 points per $1 spent on all purchases. That's an unusually high rewards rate for a travel card with no annual fee. New cardholders also receive a top-tier sign up bonus of 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases.
Unlike other travel credit cards where you're stuck redeeming points with one airline or hotel, the Bank of America® Travel Rewards credit card allows you to redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, and more! In addition to charging no annual fee, there are no foreign transaction fees and cardholders will enjoy 0% Introductory APR on purchases for 12 billing cycles.