Credit cards are a must-have. They help you to manage your finances in a better way. Choosing the right credit card based on your needs is an important decision. We have listed down the best credit cards of 2020 to simplify your task.
Chase Sapphire Preferred Credit Card
This card was once awarded the title of the Best Travel Credit Card. It offers a bonus and easy-redeem travel rewards. It carries no foreign transaction fees. When you spend $4,000 in the initial three months, you earn 60,000 bonus points. This means you get a credit of $750 while booking your travel through Chase Ultimate Rewards. Besides, you also earn twice the points when traveling and dining across the globe.
BankAmericard Credit Card
One of the best credit cards of 2020, this card comes with no annual fee. It also comes with a zero percent intro Annual Percentage Rate (APR) for 15 purchase billing cycles. For the first 60 days, the intro balance transfer fee is also nil. Post that, it is three percent. There is no penalty APR. This means that if you pay late, your APR would still be unaffected.
Discover it – Cashback Match
This card offers a cashback match to new members for the first year. It comes with no annual fee. With this card, each quarter, you earn five percent cash back at varied places like restaurants, Amazon, grocery stores, and gas stations, among others. On all other purchases, you automatically get a one percent unlimited cashback. You may redeem the cash back at any time while the rewards do not come with an expiry.
Amex EveryDay Credit Card
This is one of the best credit cards of 2020 as it does not charge any transfer fee for the first 60 days. It also comes with no annual fee. American Express cards are widely accepted all across the country and the acceptance is increasing rapidly. It has a low APR, which is at zero percent for the initial 15 months. In the first three months, when you make purchases of $1,000, you earn 10,000 Membership Rewards.
Capital One Quicksilver Cash Rewards Credit Card
This Capital One Quicksilver Cash Rewards Credit Card comes with exciting cashback offers. It gives you a cash bonus of $150 when you purchase worth $500 in the first three months. You also get to earn unlimited cashback of 1.5 percent on daily purchases. This cashback has no limit as well as expiry. It is one of the best credit cards of 2020 as it charges no annual and foreign transaction fees. Apart from this, there are no rotating categories or signups required to earn cash rewards.
Depending on your spending needs, pick the best credit card for yourself and enjoy multiple associated benefits.
