This offer is no more available on our website: Capital One(r), Savor(r), Cash Rewards Credit Card
There are many credit cards that offer a variety of perks and benefits. But which credit card is best for everyday use? These are our top picks.
* Wells Fargo Active cash(r) Card is the best well-rounded card
* The best for travelers is Capital One Venture Rewards Credit Card
* Best intro offer: Wells Fargo Reflect(r) Card
* Best for dining: Capital One(r) Savor(r) Cash Rewards Credit Card
* Blue Cash Preferred(r), American Express Card, is the best for grocery shopping
* Best for gas: PenFed Platinum Rewards Visa Signature(r) Card
* Capital One Quicksilver Student Rewards Credit Card is best for students
The best well-rounded card: Wells FargoActive Cash(r) Card
The card gives you a flat 2% cashback on all purchases, regardless of spending category. You don’t need to go through the same hoops as other 2% cash-back credit cards.
You’ll get $ 200 cashback as a new cardholder when you spend $ 1000 on your first 3 month purchases.
An introductory 0% rate can be enjoyed on balance transfers and purchases for 15 month after account opening. After that, the variable APR will become 17.99%, 22.99% or 27.99%. A balance transfer fee of 3% is charged for the first 120 days, and then up to 5% after that. Minimum payment: $5 You must make any balance transfers within 120 calendar days of account opening to be eligible for the intro APR.
When you use the card for your phone bill payment, you’ll get $600 in cell phone protection against theft or damage (with a $25 deductible). There is no annual fee for the card.
Find out more about the Wells Fargo Active cash(r) card to see if it is right for you.
Best for travellers: Capital One venture Rewards Credit Card
Why? The Capital One Travel Rewards Credit Card gives you five miles for every $1 you spend on hotels or rental cars through Capital One Travel. You get two miles for every $1 you spend on any other purchases, no matter what category.
You can also get a stunning 75,000 bonus mile when you spend $ 4000 on your first 3 month of account opening. There are three options for redeeming your miles for travel:
- Request a credit statement from travel companies when you book directly with them
- Capital One Travel can help you reserve your trip.
- Transfer your rewards to Capital One’s travel loyalty partner programs.
You’ll get two free visits to Capital One Lounges and Plaza Premium Lounges each year for the $95 annual fees. A $100 statement credit can be used to pay a Global Entry fee or TSA PreCheck application fee. There are no foreign transaction fees.
You can read more about the Capital One Venture Rewards Credit Card.
Best intro offer: Wells Fargo Reflect(r) Card
Why? The Wells Fargo (r) Card‘s introductory 0% Annual Percentage Rate promotion is hard to beat. It offers up to 21 months of purchases and balance transfer discounts. This 18-month promotion is hard to beat. It offers a chance to earn a three month extension if you make timely payments during the promotional period.
Your variable APR for balance transfers and purchases will be 15.99% to 27.99% after the promotion ends. To qualify for the intro rate, balance transfers must be made within 120 days. There is a balance transfer fee of 33% for 120 days, then up to $5.
Although this Wells Fargo credit cards doesn’t offer rewards it might be worth the extra cash back, points, or miles. This is especially true if you are paying down debt. There is an $0 per-year fee.
For more information, read our Wells Fargo Reflect(r), Card review.
Best for dining: Capital One(r) Savor(r) Cash Rewards Credit Card
Why? Cardholders have unlimited cashback of 4% on food and entertainment, as well as streaming services.
Capital One Entertainment purchases will earn you 8% cashback, grocery stores will give you 3% cashback (except Target and Walmart), and everything else will get you 1% back. You’ll get $300 cash back as a new cardholder if you spend $3,000 within the first three months of account opening. There is an annual $95 fee for the card.
See more reviews about the Capital One(r), Savor(r), Cash Rewards Credit Card.
Why? The Blue cash Preferred(r), Card from American Express will give you 6% cash back for every $6,000 you spend in the U.S. grocery stores each year (then 1%). The American Express credit card offers 6% cashback on selected U.S. streaming subscriptions, and 3% back at U.S. gasoline stations. All other purchases are eligible for 1% cash back.
You’ll get $ 250 back as a new cardholder if you spend $ 3000 on your first 6 month of card membership.
You’ll also get a $7 monthly credit to your statement if you use the card for $13.99 per month or more on a Disney+ Bundle subscription. This includes Disney+, Hulu, and ESPN+. The card includes a $0 initial annual fee, and then $95 thereafter.
Learn more about the Blue Cash Preferred(r), Card from American Express.
Best for gas: PenFed Platinum Rewards Visa Signature(r) Card
Why? The PenFed Signature(r) Visa Rewards Visa Signature(r), Card gives you five points for every $1 spent at the pump or at EV charging stations on gasoline. This makes it an excellent choice for owners of both electric and gasoline-powered vehicles.
Three points will be awarded for every $1 spent in supermarkets, restaurants, and on television, radio, and streaming services. You will earn one point for every $1 spent on all other purchases.
You’ll get 15,000 bonus points as a new cardholder when you spend $1500 within the first 90 days. There is no annual fee for the PenFed Platinum Rewards Visa Signature (r) Card.
Best for Students: Capital One Quicksilver Student Rewards Credit Card
This is why: When you build credit with the Capital One Quicksilver student Cash Rewards Credit Card you don’t need to keep track of different rewards categories. The Capital One credit card offers flat 1.5% cashback on every purchase.
Capital One Travel will give you 5% cashback on hotel and rental car bookings. As a new cardholder you will be eligible to earn $100 cash back on all purchases made within the first three months of account opening. There is no foreign transaction fee or annual fee.
How did we pick these cards
There is no one best credit card. We chose cards that excel in common spending categories like grocery, gas, and dining. We understand that not everyone will prefer rewards or credit cards with no interest, so we selected some cards based on how long the promotion lasted. It was important to offer student credit cards.
There are many travel credit cards that can be used for heavy-duty spending, but they often have high annual fees and do not offer rewards rates that match your everyday spending habits.
We tried to find a combination of rewards cards that maximize rewards in specific categories and a few cards that offer high rewards rates on all.
How to get the most out of your everyday credit cards
These cards are great for everyday spending. It’s a smart idea to use them frequently to maximize your rewards. You should avoid spending more than what you can afford each month. If the card offers a bonus, make sure you are able to meet it without exceeding your budget.
You should also be aware that these cards may have low rewards rates for non-bonus purchases. You can maximize your spending by pairing multiple cards that are superior in certain areas to increase your chances of earning rewards quicker.
You may still be unsure which credit card to use every day. The answer will depend on your spending habits, lifestyle, and preferences. It will be easier to find the right fit for you wallet if you compare as many cards as possible.