But if you’re one of the lucky ones who do have good credit, there are a few credit cards you really should consider. To make your decision easier, these are our expert recommendations based off of credit card types, rewards, introductory offers, automatic reviews, and more. Here are our top picks for the best credit card for good credit. There is a 0% introductory APR on purchases and balance transfers lasting 15 months before going to a 18.74% to 29.74% variable APR. Plus, this card comes with a Buy Now, Pay Later plan, although watch out for the corresponding fees. There is a plan fee of up to 1.33% of all amounts moved to the Buy Now, Pay Later plan. You also get access to other Amex benefits, like payment flexibility that does not affect your rewards. If you order additional cards for friends and family, they can help you earn rewards with their monthly spending, too. This card is great for travel, too, with a 24/7 Global Assist Hotline and rental car insurance. Pros
No annual fee0% introductory APR3% back on gas, groceries, and online retail shopping
Cons
1% cashback for most spendingMust spend $2,000 for statement creditSpending caps apply
There is a variable APR of 19.74% - 29.74% and no annual fee. If you use your card outside of the U.S., you can save with no foreign transaction fees. You also receive Capital One’s regular benefits like emergency replacement cards and access to the Capital One Lounge. Pros
Flat rewards rateNo annual feePayPal redemption
Cons
Higher APRLimited rewardsNo intro APR
As a Discover cardholder, you will receive access to its signature benefits, like free social security number alerts and a free FICO credit score on your monthly statements. Pros
Rotating categories Generous intro APR periodNo annual fee
Cons
Capped rewardsIt can be difficult to track earningsLimited benefits
However, Petal makes a name for itself with no fees whatsoever for your Petal 2 Visa card. There are no annual or foreign transaction fees, and if you are running a little late on your payment, there are no late or returned payment fees. Cardholders can build credit with responsible use while avoiding fees and earning cashback. There is also the added convenience of compatibility, using your card to pay through Apple Pay or Google Pay on your phone. Pros
No feesCashback with timely paymentsAverage credit accepted
Cons
No introductory offerNo cash advances or transfers
Type of credit card: How you plan to use your card will help you find the right one for your financial needs. There are many different kinds of cards, such as those designed to build credit or earn travel rewards. Finding the right one for your spending can help you save a lot of money.Rewards: Consider what kind of rewards you can earn with your credit card. While many offer cashback, others may offer other perks like travel miles instead.APR: The APR on credit cards for good credit can vary significantly, depending on the company and benefits that come with the card. Before choosing a card, consider how much interest you will have to pay on each purchase.Introductory offer: Many cards will offer new cardholders exclusive offers like a 0% APR or cash back up to a certain threshold.Balance transfer: Balance transfers can help when you need to consolidate debt. That is why it is important to consider the fees for balance transfers in order to save money.
Spending power can be great, but be careful not to go overboard. Transactions that exceed your spending limit are often cancelled. However, doing so often runs the risk of losing your account or having your credit score suffer.
Blue Cash Preferred® Card from American Express: Great for groceriesCapital One Quicksilver Cash Rewards Credit Card: Best for 1.5% cashbackCapital One Venture X Rewards Credit Card: A no-frills credit cardCiti Custom Cash℠ Card: Best for tailored rewardsDiscover it® Cash Back: Recommended for everyday spending U.S. Bank Visa® Platinum Card: A long-term intro APRWells Fargo Active Cash® Card: Earn 2% cash rewards
For other credit card options, consider our picks for the best starter credit card for no credit, the best crypto credit cards, and our picks for 2022’s most exclusive credit cards.
