Top 20 Most Popular Credit Cards For 2020

S.No.

Name of the Card

Annual Fee

APR

Key Feature

1

Chase Sapphire Preferred® Card

There is no annual fee for the first year,

and then the user has to pay $95 per year.

17.99%–24.99% (variable rate)

• This is an excellent card for those looking for reward points.

• For every $1 spent on travel, you will earn 1 point.

• You will also make 1 point per $1 spent on other purchases.

• You also earn 25% more when you redeem the points while traveling through this card.

2

Capital One® Venture® Rewards Credit Card

There is no annual fee for the first year, and then the user has to pay $95 per year.

14.24%, 22.74% or 26.24%, the interest rate depends on the credit score of the user.

• This is one of the best choices when you are searching for the traveling card.

• It allows the transfer of miles to more than 10 associated airlines making you earn the benefits.

• The more you travel, the better are the rewards.

• For every dollar spent, you earn 1.25 miles.

• You can redeem these points by while paying for purchases on the card.

3

IHG® Rewards Club Premier Credit Card

$89

17.99% - 24.99% (Variable rate)

• This card entitles you to get 10 complimentary airport lounge visits every year after you make one-time signup with Priority Pass™ Select.

• The user also gets to earn a weakened stay after he/she has spent $15,000 on the card in a year.

4

Citi® / Advantage® Platinum Select® World Elite™ Mastercard®

The user needs to pay $99 for the first year.

18.24% to 26.24% based on your creditworthiness

• This card offers no foreign transaction fees.

• The card also enables the user to enjoy preferred boarding on American Airline Flights.

• You can also save 25% on the food and beverages purchased in the flight.

5

Southwest Rapid Rewards® Priority Credit Card

$149

 

17.99% - 24.99% (Variable rate)

• The card lets the user earn 2 points per dollar spent with Southwest Airlines and with Rapid Rewards airline.

• You get a 20% rebate on inflight purchase done using this card.

• You can earn 40,000 points on spending $1000 in the first three months of purchasing the card.

6

Discover it® Cash Back

No Annual Fee

13.99% - 24.99% (Variable rate)

• If you are looking for a card that offers good cash back offers, then Discover it Cash back cards are the best.

• The card offers 5% cash back on various categories.

• These categories keep on changing every quarter.

• This 5% cash back rate is limited to the first $1500 purchases.

7

Chase Slate®

No Annual Fee

16.74% - 25.49% (Variable rate)

• This no annual fee credit card is the best for those who are looking for interest payment relief.

• It is one of the best choices that you can make for a balance transfer.

• While other cards may charge you with a fee for a balance transfer, the Chase Slate card offers free balance transfer during the first 60 days of the opening of your account.

8

Discover it® Student Cash Back

14.99% - 23.99% Variable

No Annual Fee

• This card is the best for the students as it offers 5% cash back on various categories throughout the year.

9

Wells Fargo Propel American Express® Card

14.74% - 27.24% variable

No Annual Fees

• No, you get to earn 30K bonus points when you spend $3,000 in purchases in the first 3 months.

• This 3X point works for dining out, gas station rideshares and transits.

• The user also earns 1X points for other purchases.

10

Citi Simplicity® Card

16.24% - 26.24% variable

No Annual Fees

• If you are looking for a card that charges no late and penalty fees, then the Citi Simplicity card is an excellent choice.  

11

Chase Freedom Unlimited®

16.99% - 25.74% variable

No Annual Fee

• The user gets 1.5% cash back on every purchase.

• You also get to make a $150 bonus after spending $500 on the purchases done in the first three months of account opening.

12

Capital One® Savor® Cash Rewards Credit Card

16.74% - 25.74% variable

$95, waived the first year

• This is again an excellent choice for those who are looking for cash back and rewards.

• The card lets you earn a one-time $500 cash back on purchase of $3000 in the first three months.

• Moreover, you can make 4% cash back on dining and entertainment, and the card offers 2% cash back on grocery purchases and 1% on all other purchases.

13

Blue Cash Everyday® Card from American Express

15.24% - 26.24% variable

No Annual Fee

• Get $150 statement credit after you spend $1,000 in the first three months of getting the card.

• You also get 2% cash back at U.S. gas stations 1% back on other purchases.

14

Bank of America® Travel Rewards credit card

No Annual Fee

16.99% - 24.99% (Variable rate)

• For the lovers of traveling this is a good choice.

• It lets you earn 1.5 points for every dollar spent on all the purchases.

• The card doesn’t charge any foreign transaction fees and also the points don’t expire.

15

Ink Business Unlimited℠ Credit Card

No Annual Fee

15.24% - 21.24% (Variable rate)

• Those who are looking for a business credit card, getting Ink Business Unlimited credit card is a good choice.

• You can earn a bonus of $500 after spending $3000 on the purchases done in the first three months of opening of an account.

• You also earn 1.5% cash back on every purchase did for your business.

16

Credit One Bank® Visa® Credit Card

$0 - $99

19.99% - 25.99% (Variable rate)

• This card gives you cash back of 1% on purchases done on groceries, gas, mobile phones, cable, internet, etc.

17

SimplyCash® Plus Business Credit Card from American Express

No Annual Fee

14.49% - 21.49% (Variable rate)

• Again a good choice for business cards.

• You get to earn 5% cash back on the first $50,000 spent.

• This amount must be sent on telephone services which are directly purchased from US services providers and US office supply stores.

• The card mentions 8 categories, on the purchase from these categories; the user gets a cashback of 3% on spending $50,000.

18

Journey® Student Rewards from Capital One®

No Annual Fee

26.96% (Variable rate)

• The card lets you earn a cashback of 1% on all the purchases.

19

Capital One® Secured Mastercard®

No Annual Fee

26.99% (Variable rate)

• The user gets a $200 credit line after making a security deposit of $49, $99 or $200; this is based on your creditworthiness.

20

Capital One® Savor® Cash Rewards Credit Card

$95, waived the first year

16.74% - 25.74% variable

• Get 4% cash back on dining and entertainment, with Capital One Savor cash rewards credit card.

• It also gives you 1% cash back on other purchases and 2% cash back on grocery stores.