Your Ultimate Guide to Best Credit Cards in the US Fact-File

Your Ultimate Guide to Best Credit Cards in the US. The top credit cards available on the market shift over time as card issuers modify their promotions and roll out new card offerings. That’s why we produced this list, which is continually updated. Find out which credit cards, including those for travel, cash back, 0% APR, and other categories, are the most promising right now by visiting this page.

Discover the top credit card offers for 2023, why we chose them, and how each card will assist you in achieving your objectives by reading on. It is Your Ultimate Guide to Best Credit Cards in the US:

Chase Freedom Unlimited® is the best credit card for cashback

Why we chose it: Due to its significant rewards for drugstore and eating purchases, its quarterly bonus categories that yield 5% cash back, and its introductory 0% APR offer for purchases and balance transfers, the Chase Freedom Unlimited® was named the best cash-back credit card.

Greeting offer: Earn an additional 1.5% on all purchases (up to $20,000 in the first year), which equates to up to $300 in cash back. That works out to 6.5% for travel booked through Chase Ultimate Rewards®, 4.5% for meals and prescription medicines, and 3% for everything else.
Annual cost: nothing

Pros

No yearly charge
Generous rewards rate: 0% Intro APR on Purchases for 15 Months, 20.49% – 29.24% Variable APR for the Following 15 Months, and
0% Intro APR on Balance Transfers for the Following 15 Months. $5 or 5% of each transfer’s total value, whichever is higher.
Rewards can vary
Including extended warranties, purchase protection, and other benefits.
Includes insurance for mobile phones

Cons

Charges foreign transaction fees of 3% of each transaction in US currency.
High Go-To APR (Variable, 20.49 – 29.24%)
Maximum bonus payouts for quarterly categories
Requires Outstanding, Good credit

American Express’s Blue Cash Preferred® Card is the best for use for groceries

Why we chose it: Due to its extremely high rewards rate in this category, we chose the American Express Blue Cash Preferred® Card as the best card for groceries. Additionally, the card offers a strong initial APR on purchases and balance transfers (Rates and fees).
Rewards: Earn 6% cash back on up to $6,000 in annual supermarket spending in the United States (after which you’ll get 1% back), 6% back on a few U.S. streaming services, 3% back at gas stations and on public transportation in the U.S., and 1% back on all other transactions. Rules Apply.
Earn a $250 statement credit as part of the welcome promotion after making $3,000 in purchases with your new card within the first six months.

Annual fee: The first year is free, after which there is a $95 fee. Rates and Fees

Pros

Highest bonus rewards percentage for American grocery stores and streaming services
Generous incentives for American transit and gas stations
The first year’s yearly fee is free; after that, it is $95. (Rates & Fees)
Initial 0% for purchases and balance transfers for 12 months (Rates and Fees); thereafter, 19.24% – 29.99% Variable
includes return and purchase protection; terms apply.

Cons

Bonus awards are only valid for statement credits at American supermarkets.
After the introductory APR term expires, a high Go-To APR (19.24% – 29.99% Variable) will apply (Rates & Fees)
2.7% of every transaction is charged when it is converted to US dollars. (Rates & Fees) in foreign transaction fees
Annual charge following the first year (Rates & Fees)
Must have Good or Excellent credit.

Costco Anywhere Visa® Card by Citi is the best credit card for gas

Why we choose it: The Costco Anywhere Visa® Card by Citi offers 4% cash back on eligible gas and EV charging transactions up to $7,000 made annually (after which there is a 1% rebate). However, this card is exclusively available to Costco members. As a result, petrol bonus points are accessible at almost all gas stations, not only Costco.

Pros

Earn 4% cash back on eligible gas and EV charging purchases up to $7,000 per year (then 1% back), 3% back on dining out and eligible travel,
2% back on Costco and Costco.com purchases, and 1% back on all other expenditures.
No yearly fee is required with a Costco membership.
Advantageous rewards for gas and EV charging purchases
Excellent earnings for dining out, traveling, and Costco purchases
Costco members pay no annual dues and incur no overseas transaction costs.

Cons

No gracious offer
If you have a balance, the APR is high (20.49% (Variable)).
You must be a Costco member to redeem rewards more than once a year.
Rewards are only valid towards Costco products or in-store cashback.
Requires outstanding credit

Credit Card from Capital One SavorOne Cash Rewards

Why we choose it: The Capital One SavorOne Cash Rewards Credit Card provides the highest rewards rate on entertainment purchases, including those made at sporting events, concerts, zoos, and amusement parks.

Rewards: Earn 3% cash back on dining, entertainment, popular streaming services, and grocery purchases (but not at superstores like Walmart® and Target®); in addition, earn 8% cash back on Capital One Entertainment purchases and 5% cash back on lodging and rental car reservations made through Capital One Travel.

Offer as a welcome: $200 Cash Back for $500 in purchases made within three months of account setup.

Annual cost: nothing

Pros

Profitable rewards program for dining, entertainment, and other purchases Capital One Entertainment 8% back
No yearly charge
Absence of foreign transaction fees
flexible rewards redemption

Cons

15 months of 0% initial APR on purchases, followed by APRs of 19.99% to 29.99% (Variable) and 3% on balance transfers.
Excellent, Good credit is required.
After the intro APR period expires, a high APR (19.99% – 29.99% (Variable)) will apply.

Chase Sapphire Reserve is the best credit card for travel

Why we chose it: Because of its participation in the Chase Ultimate Rewards program, outstanding travel benefits, and large bonus categories for rewards, we determined that the Chase Sapphire Reserve® is the best travel credit card.

Rewards: Earn 10X points for booking hotels and rental cars through Chase (after spending the first $300 on travel), 10X points for dining through Chase, 5X points for booking flights through Chase (after spending the first $300 on travel), 3X points for booking travel and dining globally, and 1X point for other purchases. You can also earn 10X points for Lyft rides through December 31, 2024.
Greeting offer After making $4,000 in purchases during the first three months after account opening, earn 60,000 bonus points. When you redeem with Chase Ultimate Rewards®, you will receive $900 toward travel.

Cost per year: $550

Pros

Includes a $300 yearly travel credit
Before Pass Membership in the preferred airport lounge, worth $469.
Redeeming points for travel through Chase is 50% more valuable.
To Chase’s airline and hotel partners, points transfer 1:1.
Points that can be redeemed for items, gift cards, statement credits, and more
$100 fee credit toward NEXUS, TSA PreCheck, or Global Entry membership
Of all travel credit cards, the best range of perks for travel insurance
Free subscription to DoorDash DashPass
Instacart advantages
Zero foreign transaction fees

Cons

$550 yearly fee
If you have a balance, the APR is high (variable, 22.49–29.49%).
Excellent, Good credit is required.

Chase Sapphire Preferred® Card, is the second-best travel credit card

Why we chose it: The Chase Sapphire Preferred® Card offers the same rewards flexibility and its own selection of top bonus categories, but it doesn’t have as many travel benefits as the Chase Sapphire Reserve® Card. Additionally, cardholders are granted free access to a number of perks related to travel insurance.

Rewards: When you book travel through Chase, you can earn 5X points (with the exception of hotel stays that qualify for the $50 annual hotel credit), 3X points (for dining, online grocery shopping, and certain streaming services), 2X points (for other travel), and 1X points (for other expenditures). Additionally, until March 31, 2025, Lyft rides will earn you 5X points.

Greeting offer After making $4,000 in purchases during the first three months after account opening, earn 60,000 bonus points. When you redeem through Chase Ultimate Rewards®, that amounts to $700.

Cost per year: $95

Pros

When redeeming points for travel through Chase, the value is increased by 25%. Points are transferred 1:1 to Chase’s airline and hotel partners.
Can also exchange points for products, gift cards, statement credits, and more.
Generous perks from travel insurance
$50 annual hotel credit; 10% rewards anniversary bonus;
Complimentary Benefits of an Instacart subscription with Door Dash Dash Pass
Zero foreign transaction fees

Cons

High APR (variable between 21.49 and 28.49%) if you have a balance
Must have Excellent or Good credit.

Related Articles for Your Ultimate Guide to Best Credit Cards in the US:

How does the credit card industry works?

Applying for a new credit card? Here are quick tips to help you

FAQs: Frequently Asked Questions

How many credit cards are recommended?
Each person should have a varied number of credit cards. You should ultimately have a number of cards that enable you to maximize points and benefits while paying the least amount of interest and other costs.
What credit card can you obtain the quickest?
Because you must make a cash deposit as security, secured credit cards are often the easiest to obtain. Having said that, having good credit or better—that is, a FICO score of 670 or higher—makes it simpler to be approved for the majority of credit cards.
What are the current top credit card offers?
The Chase Sapphire Preferred® Card, the American Express® Gold Card, and the Ink Business Preferred® Credit Card are a few of the greatest credit card deals available at the moment. For updates, be sure to check this page once a month.

Your Ultimate Guide to Best Credit Cards in the US!