Do you need a credit card? They are not all the same because some are looking for rewards programs and other travel benefits; GOBankingRates announced which are the best, after analyzing 143 credit cards within 5 different categories
Not all of us have the same needs and especially when we talk about credit cards. Some are looking for the best rewards programs and others are looking for the best travel benefits.
There are so many options and types of cards out there today, so GOBankingRates, via CardCritics, took the time to thoroughly research current options to help Americans find the best credit cards for their needs.
“For this year’s Best Credit Cards, CardCritics looked at credit card offerings from banks with more than $100 billion in total assets, as well as the three largest credit unions in terms of total assets. This led us to analyze 143 individual credit cards within 5 different categories with 5,267 individual data points across 53 scoring factors,” said Andrew Murray, lead content data researcher at GOBankingRates.
“With new scoring factors like affordability, reward caps and individual point/mile ratings, this year’s Best Credit Card Franchise is the deepest, most comprehensive overview of credit cards we’ve ever seen. we’ve ever done,” added Murray.
For his part, Don Sena, Senior Vice President of Content at GOBankingRates, commented: “We find the best credit cards in a wide range of categories, so readers can feel empowered to choose the best card, whether they are looking to save on trips, get cash back, or use your regular purchases to earn rewards.”
The best credit cards, according to GOBankingRates:
Credit cards
– Capital One SavorOne Rewards
– American Express Blue Cash Preferred
– Chase Freedom Unlimited
– Union Bank Platinum Visa
– BankAmericard
Full list of the best Critics’ Choice credit cards, go here.
The best credit cards for travel
– Capital One Venture X Rewards
– Capital One Venture One Rewards
– Barclays JetBlue Plus Mastercard
– Wells Fargo Autograph
– Chase Southwest Rapid Rewards Priority
The best credit cards with cash back
– Chase Freedom Unlimited
– Capital One SavorOne Rewards
– American Express Blue Cash Preferred
– Chase Freedom Flex
– PNC Cash Rewards® Visa
The best rewards credit cards
– Chase Freedom Unlimited
– American Express Blue Cash Preferred
– Capital One Venture One Rewards
– Wells Fargo Autograph
– Capital One SavorOne Rewards
The best balance transfer credit cards
– Union Bank Platinum Visa
– BankAmericard
– Capital One SavorOne Rewards
– Navy Federal Credit Union Platinum
–Fifth Third Truly Simple
The best airline credit cards
– Delta SkyMiles Platinum American Express
– Chase Southwest Rapid Rewards Priority
– Chase Southwest Rapid Rewards Premier
– Chase United Quest
– Chase United Gateway
Choosing the best credit card depends on how you use it, how often you use it, and what types of purchases you plan to make with it, which means there’s no one credit card that works for everyone. Consider these are the best credit cards for GOBankingRates, and choose the one that suits you best.