The title of 2022’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:
|Credit Card||Best For||Annual Fee|
|Chase Freedom Unlimited®||Overall||$0|
|Wells Fargo Active Cash® Card||Cash Back Rewards||$0|
|Wells Fargo Reflect® Card||0% Intro APR||$0|
|Discover it® Secured Credit Card||Bad Credit||$0|
|Capital One QuicksilverOne Cash Rewards Credit Card||Fair Credit or No Credit||$39|
|Capital One Venture X Rewards Credit Card||Travel||$395|
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|
|Bad Credit||Discover it® Secured Credit Card|
|Limited Credit||Petal® 2 Visa® Credit Card|
|Fair Credit||Upgrade Cash Rewards Visa®|
|Good Credit||Chase Freedom Unlimited®|
|Excellent Credit||Capital One Venture X Rewards Credit Card|
Best Credit Card by Credit Card Company
The Blue Cash Preferred Card is the best credit card from American Express. Amex Blue Cash Preferred comes with a valuable initial bonus offer plus ongoing bonus rewards in popular purchase categories. There are plenty of attractive alternatives, too. For big-spenders whose top expenses include travel, the American Express® Gold Card is a popular option. Most Amex credit cards require at least good credit for approval.
The Bank of America Premium Rewards credit card is the best credit card from Bank of America. It offers the highest two-year savings from rewards, after subtracting annual fees, of any Bank of America card for personal use.
The Capital One Quicksilver Cash Rewards Credit Card is the best all-around credit card from Capital One. If you’d like to earn straightforward rewards while enjoying a $0 annual fee and a 0% introductory APR, Quicksilver is a great choice.
The Chase Freedom Unlimited® is the best all-around credit card from Chase. It offers great rewards, a $0 annual fee and a 0% introductory APR. For people who prefer travel rewards, the Chase Sapphire Preferred® Card is a popular option.
The Citi® Double Cash Card – 18 month BT offer is the best Citibank credit card. The card offers great everyday rewards and can help you get out of debt.
The Discover it® Cash Back is the best Discover credit card. It offers a high bonus rewards rate, and Discover will double all the rewards you earn the first year as a first-anniversary present.
The Wells Fargo Active Cash® Card is the best Wells Fargo credit card. It offers rewards at a flat rate on all purchases as well as a solid initial bonus, and there is no annual fee.
The U.S. Bank Cash+® Visa Signature® Card is the best U.S. Bank credit card because it has a $0 annual fee and good rewards. New cardholders get an initial bonus of $200 cash back for spending $1,000 in the first 120 days, and all cardholders earn 1 - 5% cash back on purchases normally.
The Chase Freedom Unlimited® is the best Visa credit card overall. It has a $0 annual fee, rewards cardholders with 1.5 - 5% cash back, and offers an introductory APR of 0% for 15 months.
The Citi Premier® Card is the best Mastercard credit card due to its strong rewards. There’s an initial bonus of 80,000 points for spending $4,000 in the first 3 months, plus ongoing rewards of 1 - 3 points per $1. The card also has a $95 annual fee.
Top Rated Credit Cards by Users
You can learn a lot from other people’s credit card reviews and ratings. For instance, the credit cards with the best user ratings typically provide top-notch terms and high customer satisfaction. With that in mind, we’ve selected the cards from our database of 1,500+ credit card offers that have the highest average ratings among WalletHub users (minimum of 200 ratings). You can check them out below.
|Credit Card||WalletHub User Rating|
|Chime Credit Card||4.6 / 5|
|Marriott Bonvoy Bold® Credit Card||4.3 / 5|
|Upromise Credit Card||4.3 / 5|
|Discover it® Student chrome||4.2 / 5|
|Southwest Rapid Rewards® Plus Credit Card||4.0 / 5|
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.