6 Best Credit Card Offers

Hours

Researched

125

Products

Evaluated

After 20 hours of research evaluating 125 products, we picked The AmEx EveryDay Card as our top choice.

Credit card companies pile on the perks for loyal cardholders. Some of the best credit card offers can include:

Free hotel rooms
Free airline miles
Cash rewards or gift cards
Balance transfers without hefty fees or interest rates
Shopping during APR-free promotional periods

With so many impressive offers, it’s often difficult to decide which card is best for your lifestyle. That may explain why the average American has 3.1 credit cards, and some adults confess they have more than 7 cards.

But does anyone really need that many credit cards?

Maybe. A whopping 1 in 3 people say they can’t live comfortably without relying on credit cards. Other cardholders carry multiple cards so they can rack up rewards while building or maintaining credit, even though they aren’t experiencing financial difficulties.

Regardless of which category describes you, we’re here to help you select the right card for your needs. Browse the best credit card offers below to find cards for everyone from frequent travelers, people with bad credit, and folks who primarily use credit for everyday purchases.

Need more options? Browse our list of the best credit cards for excellent credit, or check out the best credit cards for people with no credit. We’ve got something for everyone!

Editorial Note: This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated June 21, 2018 but some terms and conditions may have changed or are no longer available. For the most accurate and up to date information please consult the terms and conditions found on the issuer website.

Why trust us: Faveable has spent thousands of hours researching, interviewing experts, and testing products to come up with carefully selected lists trusted by millions of consumers since 2013.

Best Interest-Free Promotion for Balance Transfers

Citi Diamond Preferred Card

Get from Citi

Variable APR	14.49% - 24.49%
Cash Advance APR	26.74%
Rewards Rate	n/a
Annual Fee	$0
Intro APR	0% on purchases for 12 months and 0% on balance transfers for 21 months.
Bonus Offers	n/a

96 Clicks

Why People Love it

No annual fee or monthly account fee
Generous 21-month promotional APR for balance transfers
12-month interest-free promotional period for purchases

Cons

No rewards
No bonus offers

Details

Application Process: The usual. Input your personal data in an online app, or call 1-800-505-1675 to apply over the phone.

Many online applicants receive an instant decision.

Fees: Cardholders love that there’s no annual fee for the Citi Diamond Preferred card - ever. However, the card does charge fees for foreign transactions, balance transfers, and cash advances.

Foreign purchases carry a fee of 3% of each purchase total. Cash advance fees cost $10 or 5% of the amount of each cash advance, whichever is greater.

Balance transfer fees are $5 or 5% of the amount of each transfer, whichever is greater, unless you transfer balances during the promotional period. If you transfer a balance from another credit card during your first 4 months as a Citi Diamond Preferred cardholder, you can enjoy a 0% interest rate for 21 months.

Rewards: None, so check out other cards on our list - like the Capital One Venture and the Discover It Cash Back - if rewards matter to you.

Bonus Offers: None at the moment.

Details:Citi Diamond Preferred Card »

Best for Excellent Credit

Chase Sapphire Preferred Credit Card

Get from Creditcards.chase

Variable APR	17.49% - 24.49%
Cash Advance APR	26.49%
Rewards Rate	1 point per dollar
Annual Fee	$0 for the first year, then $95
Intro APR	n/a
Bonus Offers	Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®

150 Clicks

Why People Love it

Generous travel rewards
Large bonus for new cardholders
No foreign transaction fees

Cons

Requires good to excellent credit
$95 annual fee after your first year

Details

Application Process: You know the drill: Input some general info online for a quick decision. If your FICO is below 650, you may want to hold off on applying for now. This card is geared toward people with excellent credit.

Fees: Unfortunately this card has a $95 annual fee after your first 12 months; prior to that, there’s no fee. However, many customers feel the card’s perks justify the annual fee.

Balance transfers cost $5 or 5% of each transfer amount, whichever is greater. Cash advances will set you back $10 or 5% of each transaction amount, whichever is greater.

There are no foreign transaction fees, which makes this card popular with frequent travelers.

Late payment fees work a little differently than most credit cards - Chase considers your balance rather than charging the same amount for everyone. You’ll pay up to $15 if the balance is less than $100, up to $27 if the balance is $100 to less than $250, and up to $37 if the balance is $250 or more.

Returned payments typically carry a $37 fee.

Rewards: Collect at least 1 point for every dollar you spend with this Chase credit card. Travel-related purchases and purchases at restaurants are worth 2 points per dollar.

Points transfer with a 1:1 value to many popular airline and hotel loyalty programs, which makes customers happy. Maximize your rewards by redeeming them through Chase Ultimate Rewards for 25% more value. For example, 50,000 points are worth $625 through this portal.

Chase Ultimate Rewards takes care of its members. There are no blackout dates or other restrictions, so you can travel when you want as long as seats are available on your preferred flight.

Bonus Offers: Earn a whopping 50,000 bonus points when you spend $4,000 on purchases during your first 3 months as a cardholder. You can also collect 5,000 bonus points when you add an authorized user to your account and make a purchase during the first 3 months as a cardholder.

Details:Chase Sapphire Preferred Credit Card »

Best for Frequent Travelers

Capital One Venture Card

Get from Capitalone

Variable APR	14.49% - 24.49%
Cash Advance APR	24.49%
Rewards Rate	2 miles per dollar
Annual Fee	$0 for the first year, then $95
Intro APR	n/a
Bonus Offers	Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel.

116 Clicks

Why People Love it

No annual fee for the first 12 months
No foreign transaction fees
Generous bonus offer for qualifying cardholders

Cons

Nontransferable points
Reduced redemption value for cash rewards
Requires good credit for approval

Details

Application Process: Check your approval odds using Capital One’s prequalification tool before you apply. The tool doesn’t leave a hard inquiry on your credit report, so you can use it with no worries.

After that, spend a few minutes answering basic questions about your name, residence, and Social Security Number. You may score an instant approval, or you might have to wait a couple of weeks for an answer.

Fees: Test drive this travel rewards card for 12 months without shelling over money for an annual fee. After that, expect to pay $95 per year.

There’s a transfer transaction fee that totals 3% of the amount of each transferred balance that posts to your account at a promotional APR. There is no fee for balances transferred using the standard transfer APR.

You’ll shell out $10 or 3% of the amount of each cash advance, whichever is greater, if you use your credit card like a debit card. You’ll also pay a higher APR on cash advances.

Late payment fees run up to $38, but you can sometimes get your first late payment fee waived.

Rewards: Rake in 2 miles per dollar spent on everyday purchases. Some hotels qualify for as much as 10 miles per dollar spent, so consider that when you plan your next getaway.

Cardholders generally like the rewards offered by the Capital One Venture card. However, there are numerous complaints about the reduced cash value associated with redemptions. If you trade points for cash, expect to collect half the value you’d get for travel perks.

Bonus Offers: Don’t apply unless you plan to book trips with this card right away. New cardholders qualify for a one-time bonus of 50,000 miles after spending $3,000 on purchases during their first 3 months. This equals $500 toward travel expenses.

Details:Capital One Venture Card »

Best No Annual Fee Card

Discover It Cash Back Card

Get from Discover

Variable APR	13.49% - 24.49%
Cash Advance APR	26.49%
Rewards Rate	1.00%
Annual Fee	$0
Intro APR	0% on Purchases and Balance Transfers for 14 months
Bonus Offers	Discover will match ALL the cash back earned at the end of your first year, automatically.

127 Clicks

Why People Love it

No annual fee
Generous bonus offer for qualifying cardholders
Promotional APR for 14 months

Cons

Rotating bonus categories confuse some cardholders
Initial credit line might be as low as $500

Details

Application Process: Apply online for a near-instant decision, or call (800) 347-0264. You typically need credit in the good to excellent range to get approved, so take some time to fix your FICO if you aren’t quite there yet.

Fees: Cardholders appreciate that this Discover card has no annual fee and no monthly maintenance fee. Balance transfers carry a 3% fee per transfer, and cash advances cost $10 or 5% of each cash advance amount, whichever is greater.

Discover kindly waives your first late payment fee. After that, expect to shell out $37 for late payments. There’s also a $37 fee for returned payments.

Rewards: Reward amounts vary with this Discover card, but you’ll always earn at least 1% cash back on qualifying purchases. Each quarter, there are rotating categories that reward you with 5% cash back for eligible purchases.

Bonus Offers: If you have multiple credit cards, you may want to focus on this one for your first year. Discover matches all cash-back rewards from your first 12 months as a cardholder.

Details:Discover It Cash Back Card »

Best Cash Back Card

Chase Freedom Unlimited

Get from Creditcards.chase

Variable APR	16.49% - 25.24%
Cash Advance APR	26.49%
Rewards Rate	1.50%
Annual Fee	$0
Intro APR	0% on Purchases and Balance Transfers for 15 months
Bonus Offers	Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.

92 Clicks

Why People Love it

Unlimited cash back rewards
No annual fee
No minimum redemption threshold

Cons

No alternating bonus rewards (but this is a perk for some users)
Requires good or excellent credit

Details

Application Process: Share basic info like your name, date of birth, and Social Security Number for a speedy approval. You may get rejected if your credit history needs some TLC, as this card focuses on applicants with good to excellent credit.

Fees: The Chase Freedom Unlimited has no annual fee - ever! That’s surprising for a card with unlimited cash-back rewards.

Balance transfers cost $5 or 5% of each transfer amount, whichever is greater. Cash advances are $10 or 5% of each transaction amount, whichever is greater.

Foreign Transactions cost 3% of each transaction in U.S. dollars, so you may prefer the Chase Sapphire Preferred card instead if you travel overseas frequently.

As with the Chase Sapphire Preferred, the Chase Freedom Unlimited uses a sliding scale for late fees. Expect to shell out up to $15 if the balance is less than $100, up to $27 if the balance is $100 to less than $250, and up to $37 if the balance is $250 or more.

Returned payments cost up to $37. The card doesn’t have an over-the-limit fee, but you should still spend responsibly.

Rewards: Rack up unlimited cash back rewards with this Chase card. You get 1.5% cash back for every qualifying purchase, and you can redeem your rewards whenever you’re ready - even if you just have a few bucks. There’s no rush to cash out, though; rewards don’t expire as long as your account remains open and in good standing.

Unlike some other popular cash-back credit cards, this card doesn’t have rotating bonus categories. Some cardholders dislike this about the card, while others say they enjoy the simplicity. You earn the same cash-back percentage for every purchase, whether you’re dining out at your favorite restaurant or revamping your wardrobe.

Bonus Offers: Collect a $150 Bonus after you spend $500 on purchases during the first 3 months your account is open.

Details:Chase Freedom Unlimited »

Best Card for Everyday Purchases

The AmEx EveryDay Card

Get from Americanexpress

Variable APR	14.74% - 25.74%
Cash Advance APR	26.99%
Rewards Rate	1.00%
Annual Fee	$0
Intro APR	0% on Purchases and Balance Transfers for 15 months
Bonus Offers	Earn 10,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months. Terms Apply.

104 Clicks

Why People Love it

No annual fee
Promotional APR for 15 months
Generous cash-back rewards

Cons

Requires good to excellent credit
Foreign transaction fees apply

Details

Application Process: Fill out the convenient online form, or call (866) 512-6673 to apply. Many applicants receive an instant decision, but sometimes it takes a week or two to hear back from American Express.

Wait to apply if you have bad credit. This card typically requires a FICO score of 690 or higher.

Fees: There’s no annual fee, so this is a great card for everyday purchases. The card doesn’t have a balance transfer fee either, so consider transferring over balances from higher-interest cards.

The AmEx EveryDay isn’t a 100% fee-free card, though. Expect to fork out $5 or 3% of each cash advance amount, whichever is greater. Foreign transactions have a fee of 2.7% for each transaction after conversion to US dollars.

Penalty fees are $38 for late payments and $38 for returned payments. There is no overlimit fee.

Rewards: Rewards vary depending on where you shop. Cardholders earn 2 points per dollar at US supermarkets for up to $6,000 per year in purchases, then the rate drops to 1 point per dollar. All other eligible purchases receive cash-back rewards at a rate of 1 point per dollar.

If you use this AmEx EveryDay 20 or more times during a billing period, you earn 20% more points on those purchases (with the exception of returns and credits). You can spend these points on more than 500 brands in the Membership Rewards portal or transfer them to participating travel rewards programs.

Bonus Offers: Score a hefty 10,000 Membership Rewards® points after you use the AmEx EveryDay card to make $1,000 in purchases during your first 3 months as a cardholder.

Details:The AmEx EveryDay Card »

Article Staff

By Missy Nolan

Missy Nolan is a single mom who is too sleep-deprived to come up with a clever bio at the moment. She has been a professional writer for more than 10 years and loves staying home with her 3 kids. Well, most of the time. Missy rocks at parenting, baking, cooking, saving cute outfits she'll never wear on Pinterest, and sipping her beloved secret-menu Starbucks Pink Drink while strolling through Target.

She's your go-to girl for advice or feedback on any of the things listed above, as well as tips on healthy living, bargain hunting, marketing, and finances. Connect with Missy here or at MakeItWithMissy.com, a food blog that features healthy recipes and grocery deals.

You can also find Missy on Legit Lender, Health.com, The Nest, Catalogs.com, and OneSpace.

Editor Jenna Holtz

Researcher Ronnie Langston

Art Director Cherry Barbacena

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