Top Credit Cards For Good Credit In 2020
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If you have a credit score that falls between 700 and 749, you have what is considered good credit. This enables you to apply and probably be approved for some very attractive credit cards. Issuers are willing to give slightly better rewards and more attractive rates to people with good credit scores because these consumers present a lower risk level—they are more likely to pay back their credit card loan.
Here are some of the top credit cards for people with good credit in 2020:Capital One® VentureOne® Rewards Credit Card currently offers a sign-up bonus of 20,000 miles after spending $1,000 in the first three months, which is equal to $200 in travel. Consumers will earn 1.25 miles per dollar on every purchase, every day. These reward miles do not expire, and there is no limit to the number of miles you can earn. Cardholders can use their miles to fly on any airline and stay at any hotel at any time, and there are no blackout dates associated with travel rewards. In fact, you will even earn miles with the airline from your award travel, something you can never do with traditional frequent flier miles. You may also redeem miles for cash, gift cards, and more. There are no annual fee for this card, and no foreign transaction fees.
Citi Simplicity® Card – No Late Fees Ever is one of the most straight-forward cards on the market. The card does not assess any late fees or a penalty interest rate on its cardholders, which means you won’t get hit with a late fee of up to $35, or a penalty interest rate that can be as high as 30% APR, if you make an occasional late payment. The Citi Simplicity card also has one of the most attractive promotional financing offers of any credit card. New applicants receive 12 months of interest-free financing on purchases, and 21 months of interest-free financing on balance transfers. The balance transfer must be completed within four months of opening the account, and it comes with a 5% balance transfer fee. The ongoing interest rate is 16.24% - 26.24% (Variable), depending on the cardholder’s creditworthiness. There is no annual fee on this card.
Capital One® Quicksilver® Cash Rewards Credit Card gives cardholders 1.5% cash back on every purchase with no limits. Currently, new customers are given a $150 cash bonus after they have spent $500 on purchases in the first three months of opening the account. Customers receive 15 months of interest-free financing on both new purchases and balance transfers, with a 3% balance transfer fee. After this introductory period, an interest rate of 15.49% - 25.49% (Variable) applies, depending on your credit worthiness. Cardholders receive complimentary 24/7 concierge service and extended warranty coverage. This card requires good or excellent credit. If you only have fair credit, apply for the Capital One® QuicksilverOne® Cash Rewards Credit Card. It has some of the same attractive benefits of the Quicksilver card, such as the 1.5% cash back rewards. But it has an APR of 26.99% (Variable) and an annual fee of $39. There are no foreign transaction fees with any Capital One card.
Capital One® SavorOne® Cash Rewards Credit Card is marketed to foodies—people who love dining out or creating meals at home. Cardholders earn 1% cash back on all purchases, but the rewards are particularly good on dining out and entertainment (3% cash back) and grocery store purchases (2% cash back). New SavorOne cardholders receive a $150 cash bonus when they spend $500 within the first three months of being a card member. The SavorOne card has an APR of 15.49% - 25.49% (Variable), depending on the cardholder’s credit. It has no annual fee and no foreign transaction fees. There is a nice introductory offer of 0% APR for 15 months on both purchases and balance transfers.
Citi Rewards+℠ Student Card is a card that automatically rounds up to the nearest 10 points on every purchase with no cap. Students receive two ThankYou® Points for every dollar spent at supermarkets and gas stations for the first $6,000 per year in purchases, and then one point thereafter. All other transactions earn one point per dollar. There is also an early spend bonus: 2,500 bonus points after you spend $500 in purchases with your card within three months of opening the account opening—that is redeemable for a $25 gift card at thankyou.com. Cardholders receive 10% of their redeemed points back on the first 100,000 ThankYou® Points redeemed each year. In addition, there is a 0% APR for the first seven months on all purchases. This card has no annual fee. The ongoing APR is 15.99% - 25.99% (Variable) depending on your credit worthiness. This card is designed for students with good credit.