John S Kiernan, Managing Editor
Yes, credit cards for good credit are generally better than credit cards for people with fair, limited or bad credit. But there are exceptions, depending on how you plan to use your plastic.
For example, store credit cards typically require just fair credit for approval. But some offer the best rewards of any card for purchases made at the specific retailers they’re affiliated with. You obviously can’t use a store card for everything. So such a card can’t really compete with a solid everyday rewards card for good credit overall. But using both cards would be better than opting solely for a Visa, Mastercard, American Express or Discover card.
Interestingly enough, while credit cards for good credit tend to be more attractive than cards for people at lower credit levels, they usually aren’t at much of a disadvantage relative to offers reserved for people with excellent credit. The best credit cards often require at least good credit for approval. This is especially true with rewards cards, as it can be a bit harder to get the very best 0% offers.
For help finding the best credit card for your particular needs, sign up for a free WalletHub account. We’ll give you a personalized credit card recommendation based on your latest credit score and report.
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