Top 20 Most Popular Credit Cards For 2020

13 Jul 2020

Apply for Credit Cards. We will give you lots of reasons.

Credit cards are a great way to get money. Whatever be the situation, a credit card helps you shop and fulfill your needs. You can buy furniture, book tickets, pay bills and the list goes on. Credit card companies bring forth varieties of offers at regular intervals. To make their offer even more lucrative, the credit card companies now offer cards at competitive interest rates and exciting reward plus points.  

Some of the credit cards are good for traveling, while some are good for international transactions. All-in-all, credit cards make things easier for customers. However, one must be cautious while purchasing credit cards as it comes with an interest rate and some even have other charges applicable. It’s always good to assess the credit cards and make a comparison with other cards before using one.

You can choose your credit card based on your requirement, for example, if you are looking for a credit card that offers best interest rate then go for those, if you are looking for rewards then there are credit cards that offer excellent rewards and cashback. Below is the table that showcases the best credit cards for 2020:

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.

 

Fill this blog form and apply for your best credit card in a few seconds. We will help you get the best.

Read More