Best Credit Cards of October
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Redit cards play an essential part in the Best Credit Cards way consumers make purchases and manage their money. They are employed for routine purchases, as well as for big-ticket products.
It’s Best Credit Cards become a common practice for consumers to look for cards that offer additional benefits to are in line with their lifestyle requirements.
The most reliable credit cards provide rewards, protect on purchases, offer credit with no interest, and many others that can be beneficial to you. If Best Credit Cards used correctly credit cards can aid in building credit score.
The 10 Best Credit Cards in America
The following list of American credit cards and the figures that are listed below were drawn from different sources across the internet, including the Balance, Value Penguin and The Points Guy.
OpenSky® Secured Visa® Credit Card
We thought it’d be good to begin the list by introducing a credit card for people with low credit scores and trying to improve their credit.
It’s true that the OpenSky(r) Secure Visa(r) Credit Card does not need a credit check which is fantastic news for those who are trying to clean your credit report or have debts that are outstanding. Making an application with the card not affect you credit scores!
You can then determine your personal credit limit. This is accomplished by making an refundable deposit of $200 and $3000. This is the basis for your credit limits therefore you’re in control of your credit limit beginning from the first day.
The card can be used to pay for all your regular daily purchases, and also setup automated email alerts so that you can ensure that you don’t overpay for your minimum amount.
That being said it is important to try to repay your credit card at the end of each month. It’s a good idea.
This will establish solid financial habits, and also show all three credit agencies that you’re accountable and can handle your money.
The card has the annual fee of $35 , and it has an APR of 19.4 percent. It is a variable.
After you have built up a good track record, you could consider the possibility of applying for a credit card from a different lender.
Citi Simplicity® Card
Okay, so if you’re having a balance, and are looking to purchase some time, this is the right card.
The Citi Simplicity(r) Card includes a 21-month 0 APR intro on balance transfers for all balances and 12 months of 0% intro APR for purchases.
When the initial introductory period expires the rate of interest will change to 16.74 percent – 26.74 percent, based the credit scores of your clients.
A thing to be aware of is the charge for transfer of balances. There’s a $5 or 5 percent charge, depending on which is the greater for each transfer.
There are other cards that don’t require fees, however the majority of their initial balance transfer times are shorter than those on the Simplicity card.
However, it’s still best for the majority of people to sign up with this credit card because you will save more in interest charges than the fee for transferring balances.
Furthermore it is worth noting that the Simplicity card is free of annual charges and late fees, as well as penalty rates!
Ink Business Preferred℠ Credit Card
Next credit card that is on the list will be appealing to all entrepreneurs out there.
With 80,000 points available for the taking when you spend at least $5,000 within the first three months This card is ideal for those who have lots of business expenses that you could pay for with your card.
If you redeem these points with Chases Ultimate Rewards Program that amounts to around 1,000 dollars worth of reward points.
Like many cards offered by Chase the company, this one has no foreign transaction charges as well as a low annual $95 cost.
If you want to earn points on this credit card, it will earn you 3 points for every $1 you spend on your first $150,000 of purchase.
Be aware that this only applies to specific categories, such as advertising, travel Internet and cable services.
For other purchases, you’ll earn 1 point per dollar spent, with no limit in the amount you earn.
Since it’s a business credit card, the customer will also be able to benefit of employee-only cards for free with no cost.
You can set personal spending limits for each employee, and keep track of your spending with the app on your mobile.
Ink Business Preferred Credit Card Ink Business Preferred Credit card is available with a 17.99 percent – 22.99 percent variable APR, based on your creditworthiness of yours.
Gold Delta SkyMiles® Credit Card from American Express
The second best credit card available in America is the very first product in our list by American Express.
Gold Delta SkyMiles(r) card has no annual fee for the first year, and a 30,000-point bonus when you spend $1,000 within the first 3 months.
You’ll also receive a credit of $50 on your statement once you’ve made a Delta payment within your initial three-month period.
If you use your card to pay for purchases directly through Delta you’ll earn 2 miles for every dollar spent. For all other purchases, you’ll earn 1 point for every $1 you spend.
The APR of this card ranges from 17.74 percent – 26.74 percent on purchases. There are no fees for foreign transactions.
The first baggage fee you pay for is covered by your card. Once you’ve landed traveling on a flight that is eligible, you’ll be able to use your card to enjoy an additional 20% discount on meals, drinks as well as audio headphones.
Be aware that following the first year it will cost you $95 each year to continue using the card.
Chase Sapphire Reserve
It has also been widely considered to be one of the top cards on the market for quite a while.
In the beginning when you’ve spent $4,000 within the initial three-month period, you’ll get some nice bonus points of 50,000 that can be used to purchase up to $750 in travel credits when you sign up for Chases rewards portal.
In the next step, you’ll earn 3 points per dollar you spend on travel and eating out, and 1 point for everything else.
Additionally, Chase gives you a $300 credit for travel and cardless access to business lounges that are premium and a $100 application credit to Global Entry or TSA PreCheck.
The card comes with an annual cost of $450. However, most of it can be repaid with the credit for travel of $300. The remaining $150 is easily recouped with the business lounge that has global access.
Be aware that you’ll likely require an outstanding credit score to be approved for this credit card Therefore, you must make sure you plan your application carefully.
The Platinum Card from American Express
Perhaps being one of the best recognized and sought-after credit cards available out there The Platinum Card from American Express is loaded with pretty great advantages.
With a annual $550 cost, it’s simple to begin to think about what makes this card excellent.
After you’ve spent $5,000 in the initial three-month period, you’ll earn 60,000 bonus points.
You can then earn 5x Membership Rewards points when you make bookings directly with airlines or through American Express Travel.
If you’re an Uber user, you’ll get each month a $15 Uber credit, and another $20 in December. This equates to $200 annually Uber savings.
In the next step, you’ll receive a $200 in airline fee credits for the calendar year. worldwide access to a business lounge and an average of $550 worth of hotel and resort benefits.
After adding all the perks and discounts and discounts, the annual cost is greatly diminished. The total value of bonus points is approximately $1200.
Capital One® Venture® Rewards Credit Card
Fourth place is ours. We have one credit card that provides unlimited miles of 2x for every dollar you spend, which is a great option if you’re searching an option for your travel credits card that’s easy to use, but has high earning potential.
When you’re a new member you’ll get 50k bonus miles when you make purchases of $3,000 within the first three months following the account’s opening.
The card is free of annual cost in the first year, and no foreign transaction charges and 17.99 percent or 25.24 percent variable APR. After the first year the annual cost comes at $95.
As of right now, Capital One is also offering 10x miles for every dollar spent on hotels.com/venture up to January 2020.
If you’re in search of a good credit card for travel rewards and you’re looking for a good one, then you cannot choose wrong with this one.
This isn’t the best card for converting points into cash, and you might be thinking about another credit card to do that.
American Express Gold Card
It is the American Express Gold Card is one of the top cards available.
It offers a very good reward points system, which allows cardholders to earn 4 points for every dollar spent at U.S. supermarkets and up to $25,000 annually four points per dollar spent in restaurants all over the world 3 points per dollar used on flights booked through the airline or via Amex travel, and one points per $1 spent on other items.
If the reward points you earn aren’t enough, how about an additional $100 credit for airline fees with no foreign transaction fee and a monthly statement credit when you make a payment using your Gold Card from Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed, and other participating Shake Shack locations.
If you often dine out at these establishments You could save yourself an additional $120 per year, and also earn an impressive amount of points.
Blue Cash Preferred from American Express
The fourth American Express card on our list is the Blue Cash Preferred(r) card.
If you’re in search of cashback credit cards and you’re looking for a card that’s cashback-friendly, this one be perfect for you.
In the beginning you’ll be able to claim a $25 statement credit when you make $1,000 in purchases in the first three months.
In the next step time, you’ll earn cash back reward points at U.S supermarkets that can earn you up to $6,000 per year. Additionally, you’ll earn 3% back on purchases made at U.S petrol stations and 3.3% on ground transportation and 6% on certain US streaming music and TV services as well as 1% on all other purchases.
Following the 12 month zero-interest introductory period The APR will range between 14.99 percent to 25.99 percent variable. You’ll have to pay an annual fee of $95.
If this card might be an interest for you, then you’ll need to ensure that your credit score is in good shape as it needs an excellent credit score.
Chase Sapphire Preferred Card
On top of the list of 10 top credit card in America are The Chase Sapphire Preferred(r) Card.
This card is a great all-rounder. It doesn’t have foreign transaction charges, but the annual fee is only $95 and a great sign-up reward for new members.
You’ll earn 60k bonus points when you spend $4,000 within the first three months. Much like The Chase Sapphire Reserve(r) Card when you redeem points using the portal of Chase Ultimate Rewards they’ll be worth $700!
When you use the card to make purchases You’ll earn 2 points for every dollar you spend on dining or travel and one point per dollar you spend on other purchases.
Also, if you opt the option to cash out your rewards using this program, Chase Ultimate Rewards program, then your points are worth 25 percent more.
The thing that sets this card apart from others is the fact that the points you earn are part the Chase Ultimate Rewards program. This means you can transfer points to 12 different travel programs, which will ultimately increase your options when traveling that are far superior than any other option that are available.
As with the other credit cards with premiums that are on this list, be sure to check your credit score prior to making an application for the card because it requires a great credit score in order to be granted.
Summary
We hope that you enjoyed our top 10 list of top credit cards available in America.
If you’re just beginning to get started with credit cards or are seeking your next card, make use of this guide to locate the right credit card to your requirements.
Be sure to double-check all of your information Note important dates, and schedule automatic payments right from the beginning!
Here’s a quick overview of the top credit card to consider applying for within the US:
- Chase Sapphire Preferred(r) Card
- Blue Cash Preferred(r) from American Express
- American Express(r) Gold Card
- Capital One(r) Venture(r) Rewards Credit Card
- The Platinum Card(r) is a product of American Express
- Chase Saphire Reserve(r)
- Gold Delta Sky Miles(r) Credit Card from American Express
- Ink Business Preferred Credit Card
- Citi Simplicity(r) Card
- Open Sky(r) Secured Visa(r) Credit Card
