Best Credit Cards for Good Credit

Best Credit Cards for Good Credit

Although nothing is so sure but it always helps to be careful with your choice of credit cards to benefit your overall credit score. Mentioned below are the names of some credit cards that are good for your credit score supported by various facts. So, read on to evaluate.

Credit cards for Good Credit

  • The Amex EveryDay® Credit Card from American Express :
  • If you make a purchase of $1000 within the first 3 months of availing this credit card, you get 10,000 membership reward points.
  • If you make 20 purchases within a specific billing period then you get 20% bonus points on the specific purchases less returns and credit.
  • If you make purchases of up to $6000 a year, then you gain 2 x points at US supermarkets then 1x points on various other buys.
  • When it comes to flight bookings, hotel bookings and booking cruises or vacations in advance, you have the facility of Membership Rewards Pay supported by points to take care of all or a fraction of those payments.
  • For a period of 15 months you will not have to any intro APR on purchases and balance transfers. This is backed with no annual fee and a variable rate ranging from (13.24%-22.24%) that varies with your credit score and some other points.
  • For more information or to apply for your very own Amex EveryDay credit card from American Express, it is advised to visit the official site of the credit card company.

Pros

  • No annual fee
  • 0% intro APR on purchases and balance transfers for 15 months

Cons

  • Only people with great credit scores can apply.
  • High penalty APR
  • Chase Freedom UnlimitedSM
  • This is an automatic credit card which offers 1.5% cash back with every purchase.
  • You get a $150 bonus as reward for making purchases of $500 within 3 first 3 month of opening account.
  • 0% Intro APR for 15 months on purchases and balance transfers. Once this period expires, there is a variable APR ranging between (14.24%-23.24%). There is a balance transfer fee of 5% upon the amount of balance transfer with a bare minimum limit of $5.
  • You have the flexibility of redeeming cash at any given moment.
  • You keep receiving cash back rewards as long as your account is active.
  • No annual fee.

Pros

  • 1.5% cash back on every purchase which is unlimited.
  • The card holder will earn a bonus reward for initial spending
  • No annual fee

Cons

  • A foreign transaction fee is charged.
  • 5% cash back is not applicable in rotating categories
  • For more information or to apply for your very own Amex EveryDay credit card from American Express, it is advised to visit the official site of the credit card company.

Importance of Having the Best Credit Cards for Good Credit

There are so many available credit cards which will fit different people with different personalities, preferences and credit score. It is advisable to go for the best credit cards for good credit that fits your lifestyle and rating. No particular credit card for good credit fits everyone but if you understand where you stand and ask yourself the right questions about what you want, you can get the credit card for good credit that perfectly match your unique situation. Here are some key features of the best credits card for good credit:

For someone who needs the best credit card for good credit to make a large purchase or carry balance from one month to another should go for a 0% intro APR or low interest rate card. This credit card good credit offers a low introductory APR which will grow to a higher rate after a given period. There give users time to pay off large purchases at an interest-free rate. Make sure you read through to know when the introductory APR will be converted to the regular APR.

A cash back card is the best credit card for good credit which comes with rewards if you pay off your balance in full each month. You will earn reward which is usually around 5% for using this card. The more this card is being used, the more rewards you get. These cards will only be given if you have a good credit rating and might come with higher annual fees than other cards.

Have you considered getting the best credit cards for good credit score when you want to merge all your debts into one credit card good credit? The balance transfer credit cards for good credit will aid you in transferring your balance from a high interest card to a credit cards good credit with low interest rate. They offer 0% APR balance transfer rate.  It important to know the APR after the introductory period and also how low the APR will be after the length of the introductory APR.

If you travel a lot, there are some travel rewards credit cards for good credit which are focused on giving rewards. These good cards allow you to earn points which come in form of airline miles, free nights at some selected hotels etc.  They also come with bonus miles which will build on your first free flight. Only go for a credit cards good credit with annual fees if they will be worth the fees in the long run and make sure you don’t get distracted with the initial bonus, focus on the long term rewards of using the card.