You may have to consider your credit card options to get the best shopping experience. That’s why I have a curated list of the best credit cards you can rely on in 2022.
In case you are left out, a credit card is a card you can use to buy goods and services on credit. You can get a credit card from your bank or other financial institutions.
You can use the best credit cards in physical stores and online stores. Either way, you should be able to save money while shopping online.
What Are the Best Credit Cards to Use in 2023?
Remember that the best credit cards should come with significant benefits to you. It will be good to consider credit cards that help you save money through rewards and excellent rates.
Best Credit Cards for Rewards
If you prefer credit cards that allow you to get rewards, you have to be all heads up. You can get cash or point rewards, but they are all useful.
Amazon Prime Rewards Visa Signature Card
This is among the best credit cards for rewards on Amazon shopping. With this credit card, you can get up to five times the reward rate. For instance, when shopping on Amazon, you earn 5% back; you will earn 2% for restaurants, gas stations& pharmacies and 1% on all other purchases.
After the approval of your card application, you get an Amazon gift card instantly. The APR of this credit card ranges from 15.74% to 23.74%, which of course, depends on your credit score.
In most cases, you can only get this particular credit card when your credit score is good (from 700-749).
Pros
- You earn a gift card upon approval(no spending requirements)
- There is a $0 annual fee with prime membership
- There are no foreign transaction fees
- You get Visa Signature benefits
- The 5% cash back is unlimited for Amazon shopping and Whole food stores
Cons
- The 5% cash back is exclusively for the U.S Amazon site
- If you have a lower credit score, the APR is higher
Chase Freedom Flex
This credit card is among the best credit cards, and it doesn’t charge any annual fee and rewards up to 5 times cash back for up to $1500 worth of purchases. The 5% is for travel tickets, 3% for restaurants and pharmacies, and 1% for all other purchases.
Once you spend $500 in the first three months, you get a welcome bonus of $200. In addition, you get 0%APR for the first 15 months. Afterward, the APR ranges from 16.49% to 25.24%.
Pros
- There is a $0 annual fee
- A 0% intro APR
- The card offers purchases and warranty protections to members
- You can transfer your points to other premium Chase credit cards
Cons
- There is a 3% transaction fee
- The bonuses are distributed quarterly
- You have to spend $1500 to get a 5% cash-back reward
Citi Custom Cash Card
When you spend $750 within the first three months after account opening, you will earn 20,000 ThankYou points. The good thing is that you can redeem the points for a $200 cashback reward.
In addition, you will get a 0% welcome APR on all purchases and balance transfers for the first 15 months. Afterward, the APR ranges from 16.24% to 26.24%, which depends on your credit score.
Pros
- There is no annual fee
- It has an intro APR of 0%
- You will earn a 5% bonus on categories and 1% on all other purchases
Cons
- You must have a good or excellent credits score
- You earn a low rate of a 1% bonus when you don’t reach the bonus category
Best Credit Cards for Cash-back
Discover it Cash Back
Discover it is among the best credit cards for cash-back, where you get up to five times rewards on Amazon.com, gas stations, grocery stores, and restaurants. This card charges a $0 annual fee.
The APR of this credit card ranges from 13.49%-24.49%. The APR you get depends on your credit score. They accept a credit score of 700-749.
Pros
- A 5% quarterly cash-back throughout the year on Amazon.com, restaurants, groceries, and gas station
- You can redeem any amount of cashback reward, and there is no limit
- This credit card matches the cash back you earn for an entire year
- No annual fee
- You can get a new intro APR of 0% for the first 15 months on purchases
Cons
- The 5% cash back is limited to $1500 worth of purchases
- For lower purchases, the reward is only 1%
- You get bonuses quarterly
Discover it Student Cash Back
if you want to build your credit score, consider this credit card among the best credit cards you choose. This credit card is suitable for students who want to build their credit score while getting cash-back rewards. Students can get up to a 5% cash-back reward while shopping on Amazon.com, restaurants, gas stations, grocery stores, and making payments using Paypal. However, you have to activate the bonus in quarters.
In addition, you will earn a 1% cash back on all other purchases.
The APR ranges from 15.25% to 24.24%, and they accept low scores or students with no credit history.
Pros
- There is no annual fee
- Accepts low credit, or no credit
- First-year cash-back match
- You get a 0% APR for the first six months after activating your account
- There is no penalty APR
Cons
- You can only get the 5% cashback after spending $1500 in one quarter
- You should activate the bonus categories quarterly
Chase Freedom Unlimited
Chase Freedom Flex is among the best credit cards for cashback rewards. With this credit card, you get 1.5% to 6.5% cashback rewards. In addition, you will also get a $300 introduction offer.
Once you make purchases worth $20,000 in the first year, you get 6.5% cash back on travel purchases, a 4.5% on pharmacies, delivery, and dining at restaurants, and a 3% on all other purchases.
After the first year, you will enjoy a 5% cash back on travel purchased through Ultimate rewards, a 3% on drugstores and dining, and a 1.5% on all other purchases.
The APR ranges from 17.24% to 25.99%. In addition, you must have a credit score of above 690.
Pros
- There is no annual fee
- You dont need a minimum amount to redeem cashback rewards
- Your cashback rewards will not expire as long as your account is active
- A 0% introduction APR for 15 months
- Access your credit records for free
- It has a high reward rate of up to 6.5%
Cons
- You cant get hold of this credit card with fair/bad credit score. Hence it’s an option for the best credit cards for people with low credit scores.
Wells Fargo Active Cash Card
Once you spend at least $1000 in the first three months, you will get a $200 cash reward. In addition, you get a 0% APR for the first 15 months of purchases and balance transfers.
Afterward, the APR is 17.24%, 22,24%, or 27.24%, depending o your credit score.
If you make a balance transfer within the first 120 days, you will get the intro rate, a fee of 3%, and a minimum of $5.
The reward rate is 2% cashback on all purchases.
Pros
- No annual fees
- Cash rewards do not expire while your account is active
- A 2% cashback on all purchases
Cons
- There are no bonus categories
Citi Double Cash Card
When you make purchases worth $1500 in the first six months, you will get a $200 cashback reward. In addition, you get a 2% on every purchase, an unlimited 1% when you buy, and 1% when making the payments.
The APR for this card ranges from 16,24% to 26.24%. Furthermore, your credit score must be good or excellent, 690 and above.
Pros
- There is no annual fee
- A 0% APR on balance transfer offer
- 2% cashback bonus on $1500 worth of purchases
Cons
- Balance transfers do not get cashback rewards
- Purchases do not have a welcome APR offer
- Needs good and excellent credit scores
Credit Cards for Balance Transfers
Bank AmeriCard
Bank AmeriCard is among the best credit cards that will give you a longer welcome 0% APR for 21 billing cycles of purchases and balance transfers done within the first 60 days. Afterward, the APR ranges from 14.24% to 24.24%, and a fee of 3% on all balance transfers.
Pros
- There is no annual fee
- You can access your credit score details on online banking or the mobile app
- There is no penalty APR for late payment
Cons
- You need a good or excellent credit score
- There are no other rewards
Discover it Balance Transfer
This credit card is among the best credit cards for balance transfers. It welcomes you with a 0% APR on purchases for the first six months and 0% APR for balance transfers for the first 18 months. Afterward, the APR ranges from 14.24% to 25.24%.
In addition, you will earn a 5% bonus each quarter on purchases in Amazon.com, gas stations, grocery stores, and restaurants when you pay using Paypal after quarterly activation. You will also automatically earn a 1% bonus on all other purchases.
This credit card also has an introductory offer of matching all cashbacks you have earned at the end of the first year. In addition, there is no limit on awards or minimum spending requirements.
Pros
- A $0 annual fee
- Has cash rewards
- It has bonus categories
- There is a welcome APR
Cons
- You need a good or excellent credit score
- You only get a 5% bonus when using Paypal
Citi Diamond Preferred Card
With balance transfers, you will get a 0% welcome APR for 21 months and a 0% welcome bonus on purchases for 12 months. Afterward, the APR ranges from 15.99% to 25.99%.
There is a balance transfer fee of either $5 or 5%.
Pros
- There is no annual fee
- You will access your Fico score for free
Cons
- Has no rewards
- You need a high credit score
Credit Cards for Hotels
Hilton Honors Aspire Card from American Express
This card is among the best credit card for hotels. This card gives rewards in terms of points, but you can still redeem them in cash. Once you use this card on the eligible and participating hotels, you stand a chance to earn 14 times.
You get a welcome bonus of 150,000 points. The APR here ranges from 17.99% to 26.99%, which depends on your credit score. However, your credit score should be 700 and above.
Pros
- You get a Hilton Diamond status which has a huge benefit
- You get a complementary priority pass
- You get a $250 Hilton resort credit
Cons
- Very high annual fee of $450
- You don’t get an introduction APR offer
- The points have a lower value than other cards
- The APR is high, and the penalties too
Marriott Bonvoy Boundless Credit Card
This card offers you 150,000 welcome bonus points, which equals three free nights. If you spend $6000 on the first year, you will earn 3X on every $1 purchase on gas stations, dining, and grocery stores. In addition, you will earn 17X for every $1 spent on more than 7,000 hotels participating in Marriott Bonvoy and 2X on all other purchases.
You will also earn 15 Elite nights credit per year, Silver Elite Status on each anniversary, and Gold status after spending $35,000 annually.
During account anniversaries, you will earn one free night(35,000 points). Furthermore, you will also earn one Elite night on every $5,000 you spend with this card.
Pros
- There are no foreign transaction fees
- Has high bonus rates
Cons
- It has an annual fee of $95
Best Credit Cards for Travel
Chase Sapphire Preferred Card
With this credit card, you get up to 5x of reward for purchasing travel through Chase Ultimate Rewards. In addition, you get a 3x reward on dining and 2x on all other travel expenses.
This credit card gives you an introduction reward of 60,000 points, which equals 1.25 cents each.
To access this credit card, you should have a credit score of more than 670.
Pros
- Offers premium insurance for trip cancellation, car rent, and lost luggage
- Up to 5x rewards on travel purchases through Ultimate Rewards
- 3x rewards on dining and 2x on all other expenses
- You get a $50 annual hotel credit when you use Ultimate Rewards
Cons
- Annual fee of $95
- Not for people with fair/bad credit scores
Bank of America Travel Rewards
This card is among the best credit cards for travel. You will earn 1.5 points on each $1 you spend on all purchases. However, Preferred Reward members can earn an extra 25% to 75%(1.87- 2.62) for every $1 spent on purchases. If you make purchases worth $1000 within the first 90 days, you will get a welcome 25,000 welcome bonus points.
You can redeem your bonus points to pay for travel, hotels and dining, car, luggage fees, and any other purchase related to travel.
You will get a welcome 0% APR on purchases for 18 billing cycles and balance transfers within the first 90 days. In addition, there is a 3% fee on all balance transfers (the minimum fee is $10).
Afterward, the APR ranges from 16.24% and 26.24%, which depends on your credit score. The credit score should range between 690 and 850.
Pros
- There is no annual fee and foreign transfer charges
- Your points do not expire
- Use your card to book any trip to anywhere you want
- It has a welcome 0% APR offer
Cons
- The best rewards are only for Preferred Rewards members
- There is no room for bad credit
- There are no bonus categories
Capital One Venture X Rewards
With this credit card, you will earn 10X miles on rental cars and hotels, 5X miles on flights, and 2X on any other purchase. When you spend $4000 on purchases using this card within the first three months, you stand a chance to earn 75,000 bonus points, equal to $750 in travel.
In addition, you will get $300 back as a statement credit after using Capital One Venture. On your anniversary, you will also get 10,000 bonus points($100 in travel).
Pros
- It has a very high reward rate of up to 10X
- New member bonus offer
- Has anniversary rewards
Cons
- The card has a high annual fee of $395
- You also need a credit score of above 720
The Bottom Line
Now that you have the best credit cards to use on different occasions, go ahead and make the right shopping decisions to help you save more money.
