While we can identify the best Mastercard credit cards in the most popular categories, only you can decide whether a given credit card is a good fit. After all, the current state of your finances as well as your needs moving forward will dictate which features you should focus on. That means you should consider what credit cards you already have, if any, as well as your credit standing, existing debts, payment habits, etc.
To get you started, WalletHub’s editors compared more than 250 offers based on their rewards, rates and fees. Based on this analysis, we picked the best Mastercard credit card in each of the biggest usage categories. Here are the top cards:
2017’s Best Mastercard Credit Card Offers – Editors’ Picks
|Best For…||Card Name||Editors’ Rating||Annual Fee||Minimum Credit Required|
|Initial Bonus||Barclaycard Arrival Plus™ World Elite Mastercard®||5 Stars||$0 the first year ($89 thereafter)||Excellent|
|Cash Back||Citi® Double Cash Card – 18 month BT offer||5 Stars||$0||Good|
|Big-Ticket Purchases||Citi® Diamond Preferred® Card||5 Stars||$0||Excellent|
|Rebuilding Credit||Capital One® Secured Mastercard®||5 Stars||$0||Bad|
|Balance Transfers||Dollar Bank Low Rate Credit Card||3.5 Stars||$0||Excellent|
|Students||Citi ThankYou® Preferred Card for College Students - Earn 2,500 Bonus Points||4.4 Stars||$0||Limited|
|Small Business||Cash Rewards for Business Mastercard® Credit Card||3.8 Stars||$0||Excellent|
Having a credit card on the Mastercard (or Visa) network is especially important if you plan to travel abroad. Mastercard and Visa the most widely accepted card networks globally, and their currency-exchange rates are much lower than what local banks and airport kiosks tend to charge. In fact, you can save up to 11% on currency conversion with a no-foreign-transaction-fee Mastercard or Visa.
Furthermore, we recommend checking your credit score for free before applying for a new card. This will help you find the best deal and determine whether you’re likely to get approved.