Top 5 Highly Rated Credit Cards

          Top Credit Cards to apply for 

A credit card is a small rectangular piece of plastic or metal provided by a bank or financial services business that enables cardholders to borrow funds to pay for products and services at merchants who accept credit cards. Credit cards require cardholders to repay the borrowed funds, plus any applicable interest, as well as any additional agreed-upon charges, in full or over time by the billing date.

The following categories of credit cards are available:

Standard credit cards: provide their users with a line of credit to utilize for purchases, balance transfers, and/or cash advances, and they frequently do not charge an annual fee.

Premium cards: provide concierge services, airport lounge access, special event access, and other benefits but they normally come with higher yearly costs.

Reward cards: provide customers cashback, travel points, or other advantages based on how they spend.

Balance transfer cards: offer reduced introductory interest rates and fees when transferring a balance from another credit card.

Secured credit cards: need an initial cash deposit, which is retained as security by the issuer.

Charge cards: don't have a defined spending limit, but they don't usually let unpaid amounts roll over from month to month.

A Comparison between Credit and Debit Cards

With 16-digit card numbers, expiration dates, magnetic strips, and EMV chips, credit and debit cards are nearly similar.

With one important distinction, both can make shopping in stores or online simple and convenient. Debit cards allow you to spend money by withdrawing funds from your bank account. Credit cards allow you to borrow money from the card issuer for purchases or cash withdrawals up to a set limit.

Highly Rated Credit Cards to Get:

1.Chase Freedom Flex℠: This card has the muscle to handle almost all of your credit card spending needs without charging an exorbitant fee. The card has no annual fee and offers a boosted earnings structure that includes a wide range of purchases such as travel, drugstores, and eating, as well as rotating quarterly bonus categories in areas that many families are likely to find intriguing. You’ll need a credit score of Excellent, Good (700 - 749) Chase Freedom card page. 

Pros:

There is no annual charge

When activated, rotating quarterly categories earn 5% rewards, up to a total quarterly payout of $1,500.

The rate of travel rewards is comparable to some of the finest premium travel cards.

Several other categories have a high rate of generous prizes.

Cons:

To get 5% cashback, travel bookings must be made through Chase Ultimate Rewards®.

Card details:

After you spend $500 on purchases in the first three months after opening your account, you'll get a $200 bonus.

Each quarter you activate, you can earn 5% cashback on up to $1,500 in combined bonus category purchases. Every quarter, there are new 5% categories to enjoy!

Chase Ultimate Rewards®, our premium rewards program that lets you redeem points for cash back, travel, gift cards, and more, is offering 5% cashback on travel purchased through Chase Ultimate Rewards®.

3 percent cash back at drugstores and restaurants, including takeout and qualified delivery services, and an unlimited 1 percent cash back on all other purchases.

There is no minimum amount to redeem for cashback. You have the option of receiving a statement credit or a direct deposit into most U.S. checking or savings accounts. As long as your account is open, your Cash Back benefits will not expire!

Purchases and balance transfers have a 0% intro APR for 15 months from account establishment, then a variable APR of 14.99 percent – 23.74 percent.

No annual cost — All of the fantastic features that come with your Freedom FlexSM card are free of charge.

Keep track of your credit score — Chase Credit Journey gives you free access to your most recent score, real-time alerts, and more to help you keep track of your credit.

 

2.Wells Fargo Active Cash℠ Card: Wells Fargo Active Cash has no annual fee and gives an unlimited 2% cash rewards rate on purchases. This puts it up against some of the top flat-rate cash-back cards available. You’ll need a credit score of Excellent, Good (700 - 749). Credit card applicants need to be careful with getting a card with Wells Fargo due to lots of fraudulent allegations that the bank is dealing with. however, this is how to get a Wells Fargo Active credit card. 

Pros:

On all purchases, you'll get a 2% cashback bonus.

There is no annual charge.

APR (Application Process Review) 

Bonus for new customers

Benefits of Cell Phone Security

Cons:

Foreign transaction fee

Balance transfer fee

Card details:

Spend $1,000 in the first three months to receive a $200 cash rewards incentive.

On all purchases, you can earn an infinite amount of 2% cashback.

0% intro APR on purchases and qualifying balance transfers for 15 months from account establishment, then 15.24% to 25.24% variable APR; balance transfers made within 120 days qualify for the intro rate and fee of 3%, then a BT fee of up to 5%, min: $5

There is no annual charge.

There are no categories to know or manage, and cash rewards don't expire as long as your account is active.

With Visa Signature Concierge, you may enjoy a premium collection of privileges at some of the world's most intriguing and distinguished hotel establishments.

When you pay your monthly cellular telephone bill with your Wells Fargo Active CashSM Card, you can get up to $600 in protection for your phone (subject to a $25 deductible) against covered damage or theft.

 

3. Capital One Venture X Rewards Credit Card: Capital One's newest and most expensive travel card is jam-packed with perks that put it squarely in competition with other high-end credit cards, but at a price that puts it miles ahead of the competition. You’ll need a credit score of Excellent (750 – 850). For more on the Capital One venture X card, see here. 

Pros:

It has a lower annual fee than others in its category.

The annual charge might be justified only on the basis of the annual trip credit and anniversary points.

Points are simple to earn and use.

Cons:

There is a scarcity of domestic airlines and high-end hotel travel partners.

The Capital One lounge network is still in its early stages.

Benefits of hotel status are unavailable.

Card details:

When you spend $4,000 on purchases in the first three months after opening your account, you'll get 75,000 bonus miles, which is worth $750 in travel.

Receive up to $300 in statement credits each year for bookings made via Capital One Travel, where you'll find the greatest deals on thousands of alternatives.

Starting on your first anniversary, you'll receive 10,000 additional miles (equivalent to $100 in travel) per year.

Earn limitless 10X miles when you book hotels and rental vehicles through Capital One Travel, and 5X miles when you book flights through Capital One Travel.

All other purchases will earn you 2X miles.

With unrestricted access to all-inclusive amenities at the Capital One Lounge and 1,300+ Priority Pass lounges worldwide, you can escape the airport crowds and recharge before your trip.

Get a $100 credit if you sign up for Global Entry or TSA PreCheck®.

You can simply cover travel expenses with your Venture X points, including flights, hotels, rental cars, and more—you can even transfer your miles to one of 15+ travel loyalty programs.

 

4. Chase Sapphire Preferred® Card: This card is a dream for frequent travelers and diners, offering a rare combination of high points rates and redemption flexibility - all for a low annual fee. You’ll need a credit score of Excellent, Good (700 - 749).

Chase Sapphire Card.

Pros:

Earn high rewards on a variety of purchases.

Transfer points to your trip companions at a 1:1 ratio.

There are numerous travel and shopping precautions.

Cons:

An annual fee is charged.

There isn't an introductory APR deal.

Only bookings made through Chase earn the best travel rewards.

Card Details:

After you spend $4,000 on purchases in the first three months of your account, you'll get 60,000 bonus points. When you redeem with Chase Ultimate Rewards®, you'll get $750.

Benefits include a $50 yearly Ultimate Rewards Hotel Credit, 5x points on travel booked through Chase Ultimate Rewards®, 3x points on dining, and 2x points on all other travel purchases, among others.

When you use Chase Ultimate Rewards® to book flights, hotels, car rentals, and cruises, you'll get a 25% bonus. 60,000 points, for example, are worth $750 in airfare.

When you redeem your points for statement credits against existing purchases in specified, rotating categories with Pay Yourself BackSM, your points are worth 25% more during the current offer.

Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance, and more insurance options are available.

 

5. Discover it® Student Cash Back: Here's a great approach for students with average or poor credit to obtain credit management experience. This card gets a "A" in our book because it has no annual fee, no penalty APR, and up to 5% cashback returns in rotating categories (up to a quarterly cap with enrollment, 1 percent back on other transactions). You’ll need a credit score of Fair/New to Credit.

Pros:

5% cash back on bonus categories that change.

Cashback match for first-year students.

Cons:

The 5% bonus cashback rate is restricted to $1,500 in spending per quarter.

Quarterly bonus categories must be activated.

The base reward rate is only 1%.

Card details:

To apply, you do not need a credit score.

Introductory Offer: Discover is offering an unlimited cash back match. At the end of your first year, Discover will automatically match all of your cashback! As a result, you may turn $50 into $100. Alternatively, you may turn $100 into $200. There are no restrictions on how much you can spend or how much you may earn. There was only a dollar-for-dollar match.

Each quarter, get 5% cashback at a variety of locations, including Amazon.com, grocery stores, restaurants, petrol stations, and when you pay with PayPal, up to the quarterly maximum when you activate. Plus, automatically get an unlimited 1% cashback on all other purchases.

Earn points while developing a credit history that will come in handy after you graduate. Also, obtain your free Credit Scorecard, which includes your FICO® Credit Score as well as key factors that contribute to your score's calculation.

There is no annual charge. On the first late payment, there is no penalty. There will be no change in the APR if you pay late.

Refer a Person: Once you've signed up for a Discover it® Student card, you can receive a statement credit for each friend you refer who is approved. Discover Cards were given to nearly half a million pupils as a result of their peers' recommendations.

Your account contains a Freeze It® on/off switch that blocks new purchases, cash advances, and balance transfers in seconds.

If we uncover your Social Security number on one of the many Dark Web sites, we'll send you an alert. Activate for no cost.

Discover is accepted in 99 percent of establishments that accept credit cards across the United States.

Purchases have a 0% starter APR for 6 months, after which the usual variable purchase APR ranges from 13.24 percent to 22.24 percent.

To see the incentives, FICO® Credit Score terms, Cashback MatchTM details, and other information, click "Apply Now."