What is the best credit card overall?

One of the best cash back credit cards for excellent credit is the Blue Cash Preferred® Card from American Express because it offers a $350 statement credit for spending $3,000 in the first 6 months. With this card, you can also earn 6% cash back at U.S. supermarkets (up to $6,000 spent per year), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and on transit, and 1% back on all other purchases, earned as statement credits.

The very best card for you will depend on the types of purchases that you plan to charge to your credit card, along with which secondary features you value most. Some cash back credit cards offer rewards at a flat rate on all purchases, while others give more cash back in certain spending categories. Some also offer initial rewards bonuses, while others have low intro APRs.… read full answer

Best Cash Back Credit Cards for Excellent Credit in 2022

The best cash back credit cards for excellent credit are the market’s best overall cash rewards cards. People with excellent credit have the luxury of picking the best offer for their needs. More specifically, they can choose from the pool of credit cards reserved for the highest creditworthiness tier. The better an applicant’s credit score is and the less debt they already owe, the higher their odds of approval will be for one of the top cash back credit cards for excellent credit.

Finally, when using one of these cards, it’s best not to carry a balance between months (unless you have a 0% APR). If you carry a balance, your rewards will be diminished by interest.

The best flat-rate cash back credit card is the Wells Fargo Active Cash® Card because it offers 2% cash rewards on every purchase and has an initial bonus of $200 cash rewards after spending $1,000 in the first 3 months. Wells Fargo Active Cash comes with a $0 annual fee, too. It’s even a great card for saving on interest, offering an intro APR of 0% for 15 months from account opening on qualifying balance transfers on purchases and balance transfers. You need good credit or better for approval.… read full answer

Best Flat-Rate Cash Back Credit Cards

All of these credit cards offer cash back at an above-average rate on every purchase, and none have spending categories that earn more or less rewards than others. Some of the cards require good credit or better for approval, but people with lower scores have options, too.

The best cash back / travel credit card is Capital One Savor because it has no foreign transaction fee and offers 1 - 4% cash back on purchases. The card gives 4% cash back on dining and entertainment, which makes it great for vacations. In addition, there’s 4% cash back on streaming services, 3% cash back on groceries and 1% on all other purchases. Plus, the card offers an initial bonus of $300 for spending $3,000 in the first 3 months, which can provide a nice chunk of money to put toward a trip. Capital One Savor has a $95 annual fee.… read full answer

Capital One Quicksilver is another good cash back credit card for travel. It gives a flat 1.5% cash back on all purchases with a $0 annual fee. It also has an initial bonus of $200 for spending $500 in the first 3 months.

Both the Savor and Quicksilver cards require good credit for approval.