The title of 2021’s best credit card could go a lot of different ways, though. There are many worthy candidates, each of which excels in different areas. Keep that in mind as you consider WalletHub’s picks for the best of the year’s best credit card offers, which can be found below.
|Chase Freedom Unlimited®||Best Credit Card Overall|
|U.S. Bank Visa® Platinum Card||Best Credit Card Rates|
|Chase Sapphire Preferred® Card||Best Credit Card Bonus|
|Bank of America® Customized Cash Rewards Credit Card for Students||Best Credit Card for Students|
|Citi® Double Cash Card – 18 month BT offer||Best Cash Back Credit Card|
|Upgrade Visa® Card with Cash Rewards||Best Credit Card for Fair Credit|
|Discover it® Secured Credit Card||Best Credit Card for Buiding Credit|
|Petal® 2 Visa® Credit Card||Best Credit Card for Beginners|
|Blue Cash Preferred® Card from American Express||Best Credit Card for Good Credit|
|Capital One Venture Rewards Credit Card||Best Credit Card for Excellent Credit|
It’s important to remember that lots of credit cards have great terms in one or more categories, but even the best credit card offers aren’t perfect. So it's easiest to identify the best credit card for your needs if you know exactly what you’ll be using it for.
Plus, you can get great terms for every transaction that you make by following the Island Approach. That means using a few different cards for specific purposes. For example, you could have separate cards for earning rewards on everyday purchases, doing a balance transfer and saving money at your favorite store.
Finally, knowing your credit score is crucial to finding the right credit card. If you don’t know where you currently stand, you can check your latest credit score for free on WalletHub. The top credit cards overall require good or excellent credit for approval.
Best Credit Card by Credit Score
|Credit Score||Best Credit Card|
|Excellent Credit||Capital One Venture Rewards Credit Card|
|Good Credit||Chase Freedom Unlimited®|
|Fair Credit||Upgrade Visa® Card with Cash Rewards|
|Limited Credit||Petal® 2 Visa® Credit Card|
|Bad Credit||Discover it® Secured Credit Card|
Methodology for Selecting the Best Credit Cards
To identify the best credit cards, WalletHub’s editors routinely compare the latest rewards, interest rates and fees offered by 1,500+ credit cards, including cards from WalletHub’s partners and notable new offers. We then select the best credit cards for each credit rating, plus newcomers, as well as for each major credit card category.
For example, our editors’ picks for the best credit cards for people with good credit and excellent credit typically include cards with the biggest initial rewards bonuses, the highest two-year rewards earnings (after annual fees) and the longest 0% APR introductory periods. When picking the best credit cards for people with fair, limited or bad credit, we focus on low fees and use rewards as a tiebreaker.
To make it onto WalletHub’s best credit cards list, a card must have truly stand-out terms compared to the competing options. Staying on the list is even more difficult, considering how competitive the credit card landscape has become. For points of reference, WalletHub’s latest Credit Card Landscape Report has updated averages for the most important credit card features, from fees and interest rates to rewards.