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Best Credit Cards of February 2024

No one credit card perfectly fits the spending habits, budget constraints, or familial finances of everyone. Working Capital has meticulously selected an array of leading credit cards for the year 2024, designed to meet the varied requirements of a wide readership. We have steered away from simply nominating one ‘ultimate credit card’ followed by subordinate options. Instead, we spotlight the prime credit card options tailored to an assortment of distinct circumstances.

This list is strictly comprised of personal credit cards. For those seeking a credit card tailored to business needs, we recommend perusing our carefully compiled list of the finest business credit card selections.

William Stern
William Stern

Editor, Working Capital Staff

November 9, 2023

Editor’s note: At WorkingCapital, our revenue is partly generated through commissions earned from affiliate links. It’s important to clarify that these commissions have no impact on the views or evaluations made by our editorial team.

Our editorial integrity is paramount. We offer unbiased evaluations and insights, unaffected by advertisers. Our method is based on a data-driven approach, guaranteeing uniform and equitable evaluation of all financial entities and products. To gain insight into our editorial principles and the particular criteria employed in our reviews, please consult our Evaluation Method.

Best Credit Cards

Best 0% APR Credit Card

Wells Fargo Active Cash® Card
Wells Fargo Active Cash Card
5.0
5/5
WorkingCapital Logo
Unlimited 2% Rewards Rate

Earn unlimited 2% cash rewards on purchases

Welcome Bonus

$200 Cash Rewards

Annual Fee

$0

Regular APR

20.24%, 25.24%, or 29.99% variable APR

Credit Score

Excellent, Good (700 - 749)

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BEST FLAT-RATE TRANSFERABLE POINTS

Capital One Venture Rewards Credit Card

Apply Now

On Capital One's Website

Apply Now

On Capital One's Website

Up to 5X Reward Rate

Earn 5X miles on hotels and rental cars booked through Capital One Travel. Earn unlimited 2X miles on every purchase, every day

Welcome Bonus

75,000 miles

Annual Fee

$95

Variable APR

19.99% to 29.99%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST STUDENT CARD WITH INTRODUCTORY APR

Bank of America® Customized Cash Rewards Credit Card for Students

Apply Now

On Bank of America's Website

Apply Now

On Bank of America's Website

Choose your 3% category

Earn 3% cash back in the category of your choice (6 categories available)*; Earn 2% cash back at grocery stores and wholesale clubs*; Earn 1% cash back on all other purchases. *Bonus earning is limited to the first $2,500 in combined choice category/ grocery store/ wholesale club purchases per quarter, then 1% cash back thereafter

Welcome Bonus

$200 bonus

Annual Fee

$0

Variable APR

18.24% to 28.24%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST FOR GAS CREDIT CARD

Wells Fargo Autograph℠ Card

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On Wells Fargo's Website

Apply Now

On Wells Fargo's Website

Up to 3X Reward Rate

Earn unlimited 3X points on the things that really add up – like restaurants, travel, gas stations, transit, popular streaming services, and phone plans. Plus, earn 1X points on other purchases.

Welcome Bonus

30,000 bonus points

Annual Fee

$0

Variable APR

20.24% to 25.24%, or 29.99%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST CREDIT UNION CARD FOR BAD CREDIT

Navy FCU nRewards® Secured Credit Card

Apply Now

On Navy FCU's Website

Apply Now

On Navy FCU's Website

1X Reward Rate

Earn 1X points per dollar spent

Welcome Bonus

N/A

Annual Fee

$0

Variable APR

18.00% to

Credit Score

Bad

Why We Picked It
Pros & Cons
Details

BEST BALANCE TRANSFER CREDIT CARD FOR CASH BACK

Citi® Double Cash Card

Apply Now

On Citi's Website

Apply Now

On Citi's Website

Up to 2% Reward Rate

First, you earn 1% unlimited cash back on every purchase you make. Then, as you pay for those purchases, you earn an additional 1% cash back on those credit card payments

Welcome Bonus

Earn $200 cash back

Annual Fee

$0

Variable APR

19.24% to 29.24%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST MARRIOTT CARD

Marriott Bonvoy Boundless® Credit Card

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On Chase's Website

Apply Now

On Chase's Website

Up to 6X Reward Rate

6 points for every $1 at participating Marriott Bonvoy hotels, 3 points for every $1 spent each year (up to $6,000) on combined grocery stores, gas stations and dining purchases and 2 points for every $1 spent on all other purchases

Welcome Bonus

Earn 3 Free Night Awards

Annual Fee

$95

Variable APR

21.49% to 28.49%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST ROTATING CATEGORY BONUS CASH-BACK CARD

Discover it® Cash Back

Apply Now

On Discover's Website

Apply Now

On Discover's Website

Up to 5% Reward Rate

Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations, up to the quarterly maximum when you activate.

Welcome Bonus

Cashback Match™

Annual Fee

$0

Variable APR

17.24% to 28.24%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST PREMIUM HOTEL CARD

IHG One Rewards Premier Credit Card

Apply Now

On IHG's Website

Apply Now

On IHG's Website

Up to 26X Reward Rate

Earn up to 26 points total per $1 spent when you stay at IHG Hotels & Resorts; 5 points per $1 spent on purchases on travel, at gas stations, and restaurants; 3 points per $1 spent on all other purchases.

Welcome Bonus

Earn 140,000 bonus points

Annual Fee

$99

Variable APR

21.49% to 28.49%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST SECURED CARD

Discover it® Secured Credit Card

Apply Now

On Discover's Website

Apply Now

On Discover's Website

Up to 2% Reward Rate

Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. Plus, earn unlimited 1% cash back on all other purchases - automatically.

Welcome Bonus

Cashback Match™

Annual Fee

$0

Variable APR

28.24% to

Credit Score

Rebuilding

Why We Picked It
Pros & Cons
Details

BEST FOR GROCERIES

Blue Cash Preferred® Card from American Express

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On American Express's Website

Apply Now

On American Express's Website

Up to 6% Reward Rate

Earn 6% cash back at U.S. supermarkets, on up to $6,000 per year in purchases (then 1%); Earn 6% cash back on select U.S. streaming subscriptions; Earn 3% cash back on transit (e.g., taxis/rideshare, parking, tolls, trains, buses and more) and at U.S. gas stations; Earn 1% cash back on other eligible purchases. Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.

Welcome Bonus

Earn $250

Annual Fee

$0 intro annual fee for the first year, then $95

Variable APR

19.24% to 29.99%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST FOR AMAZON

Prime Visa

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On Amazon's Website

Apply Now

On Amazon's Website

Up to 5% back

Earn 5% back at Amazon.com, Amazon Fresh, Whole Foods Market, and on Chase Travel purchases with an eligible Prime membership, 2% back at gas stations, restaurants, and on local transit and commuting (including rideshare), and 1% on all other purchases.

Welcome Bonus

Get a $150 Amazon Gift Card

Annual Fee

$0

Variable APR

19.49% to 27.49%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST STUDENT CARD

Discover it® Student Cash Back

Apply Now

On Discover's Website

Apply Now

On Discover's Website

Up to 5% Reward Rate

Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases - automatically.

Welcome Bonus

Cashback Match™

Annual Fee

$0

Variable APR

18.24% to 27.24%

Credit Score

Fair

Why We Picked It
Pros & Cons
Details

BEST CASH-BACK REWARDS CARD

Chase Freedom Flex℠

Apply Now

On Chase's Website

Apply Now

On Chase's Website

Up to 5% Reward Rate

Earn 5% cash back in categories that rotate quarterly on up to $1,500 when enrolled, 5% on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores and 1% on all other purchases

Welcome Bonus

$200 bonus + 5% on Gas and Grocery (excluding Target and Walmart)

Annual Fee

$0

Variable APR

20.49% to 29.24%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST AIRLINE CARD FOR REWARDS

Aeroplan® Credit Card

Apply Now

On Chase's Website

Apply Now

On Chase's Website

Up to 3x Reward Rate

Earn 3x points for each dollar spent on grocery stores, dining at restaurants including takeout and eligible delivery services, and Air Canada directly; Earn 1x points for each dollar spent on all other purchases.

Welcome Bonus

Earn up to 100,000 points

Annual Fee

$95

Variable APR

21.74% to 28.74%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST AIRLINE CARD

United Club℠ Infinite Card

Apply Now

On United's Website

Apply Now

On United's Website

Up to 4X Reward Rate

Earn 4 miles per $1 spent on United® purchases; Earn 2 miles per $1 spent on all other travel and on dining, including eligible delivery services; and earn 1 mile per $1 spent on all other purchases.

Welcome Bonus

Earn 80,000 bonus miles

Annual Fee

$525

Variable APR

21.74% to 28.74%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST TRAVEL CREDIT CARD FOR LOUNGE ACCESS

The Platinum Card® from American Express

Apply Now

On American Express's Website

Apply Now

On American Express's Website

5X Reward Rate

Earn 5 Membership Rewards Points per dollar on prepaid hotels booked with American Express Travel and on flights booked directly with airlines or AMEX travel. The airline benefit is limited to the first $500K in purchases per calendar year. Earn 1 point for every $1 spent on other eligible purchases.

Welcome Bonus

Earn 80,000 points

Annual Fee

$695

See Pay Over Time APR APR

to

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST TRAVEL CREDIT CARD FOR INTERNATIONAL TRAVEL

Chase Sapphire Reserve®

Apply Now

On Chase's Website

Apply Now

On Chase's Website

Up to 10x Reward Rate

Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining. Earn 1x points on all other purchases

Welcome Bonus

60,000 bonus points

Annual Fee

$550

Variable APR

22.49% to 29.49%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details

BEST MID-TIER FLEXIBLE REWARDS CARD

Chase Sapphire Preferred® Card

Apply Now

On creditcards.com's Website

Apply Now

On creditcards.com's Website

Up to 5x Reward Rate

Earn 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.

Welcome Bonus

60,000 bonus points

Annual Fee

$95

Variable APR

21.49% to 28.49%

Credit Score

Excellent

Why We Picked It
Pros & Cons
Details
Credit CardBest ForCredit ScoreAnnual FeeWelcome Bonus
Capital One Venture Rewards Credit Card

Capital One Venture Rewards Credit Card

Best flat-rate transferable pointsExcellent$9575,000 miles
Bank of America® Customized Cash Rewards Credit Card for Students

Bank of America® Customized Cash Rewards Credit Card for Students

Best student card with introductory aprExcellent$0$200 bonus
Wells Fargo Autograph℠ Card

Wells Fargo Autograph℠ Card

Best for gas credit cardExcellent$030,000 bonus points
Navy FCU nRewards® Secured Credit Card

Navy FCU nRewards® Secured Credit Card

Best credit union card for bad creditBad$0N/A
Citi® Double Cash Card

Citi® Double Cash Card

Best balance transfer credit card for cash backExcellent$0Earn $200 cash back
Marriott Bonvoy Boundless® Credit Card

Marriott Bonvoy Boundless® Credit Card

Best marriott cardExcellent$95Earn 3 Free Night Awards
Discover it® Cash Back

Discover it® Cash Back

Best rotating category bonus cash-back cardExcellent$0Cashback Match™
IHG One Rewards Premier Credit Card

IHG One Rewards Premier Credit Card

Best premium hotel cardExcellent$99Earn 140,000 bonus points
Discover it® Secured Credit Card

Discover it® Secured Credit Card

Best secured cardRebuilding$0Cashback Match™
Blue Cash Preferred® Card from American Express

Blue Cash Preferred® Card from American Express

Best for groceriesExcellent$0 intro annual fee for the first year, then $95Earn $250
Prime Visa

Prime Visa

Best for amazonExcellent$0Get a $150 Amazon Gift Card
Discover it® Student Cash Back

Discover it® Student Cash Back

Best student cardFair$0Cashback Match™
Chase Freedom Flex℠

Chase Freedom Flex℠

Best cash-back rewards cardExcellent$0$200 bonus + 5% on Gas and Grocery (excluding Target and Walmart)
Aeroplan® Credit Card

Aeroplan® Credit Card

Best airline card for rewardsExcellent$95Earn up to 100,000 points
United Club℠ Infinite Card

United Club℠ Infinite Card

Best airline cardExcellent$525Earn 80,000 bonus miles
The Platinum Card® from American Express

The Platinum Card® from American Express

Best travel credit card for lounge accessExcellent$695Earn 80,000 points
Chase Sapphire Reserve®

Chase Sapphire Reserve®

Best travel credit card for international travelExcellent$55060,000 bonus points
Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Best mid-tier flexible rewards cardExcellent$9560,000 bonus points

Wells Fargo Autograph℠ Card

For those looking to delve into the world of transferable points without being put off by the high annual fees of some elite cards, the Chase Sapphire Preferred® Card is an excellent starting point.

Rewards: Earn 5 points per dollar on travel booked via Chase Ultimate Rewards®, 3 points per dollar on dining, select streaming services, and online grocery shopping (excluding purchases from Walmart, Target, and wholesale clubs), 2 points per dollar on other travel expenses, and 1 point per dollar on all other purchases.

Introductory Bonus: Acquire 60,000 bonus points by spending $4,000 within the first three months of account opening.

Annual Fee: The card has an annual fee of $95.

Additional Perks and Considerations: The Chase Sapphire Preferred® Card is noted for its versatile and valuable Chase Ultimate Rewards®, which can be transferred to various airline and hotel loyalty programs, like United Airlines and Hyatt, or used for unrestricted bookings through the Chase travel portal at a rate of 1.25 cents per point. The card also offers extensive travel protection, though slightly less comprehensive than that of the Chase Sapphire Reserve®. For a comprehensive review of the card’s benefits, check out our Chase Sapphire Preferred Benefits guide.

Learn More: Assessing the Value of the Chase Sapphire Preferred.

Discover it® Secured Credit Card

The Discover it® Secured Credit Card is an ideal choice for those new to credit or looking to repair their credit history. It operates on a secured credit basis, where your credit line is equivalent to your security deposit. Unique among many secured cards, it also offers a rewards program.

Rewards: Earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, and enjoy unlimited 1% cash back on all other purchases.

Introductory Bonus: Experience the Unlimited Cashback Match™ feature, where Discover will automatically match all the cash back you’ve earned at the end of your first year.

Annual Fee: This card does not have an annual fee.

Additional Perks and Considerations:

The Discover it® Secured Credit Card is a standout among secured cards, offering cash back on purchases, a feature that’s rare in this category. It allows for a maximum credit limit of $2,500 with a corresponding deposit. Starting at seven months, Discover begins evaluating your account for a potential upgrade to an unsecured card and the return of your security deposit.

Importantly, like any effective secured card, it reports to all three major credit bureaus, helping you build or rebuild your credit profile.

Blue Cash Preferred® Card from American Express

The Blue Cash Preferred® Card from American Express is exceptionally rewarding for those with substantial grocery expenses, provided that the spending cap is not exceeded. It’s also a lucrative option for individuals who frequently use their car for commuting or road trips, offering increased cash back at gas stations.

Rewards: Enjoy 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses, and more), and 1% back on other eligible purchases. Cash back is received as Reward Dollars, redeemable as a statement credit.

Introductory Bonus: Earn a $250 statement credit after spending $3,000 on purchases within the first 6 months.

Annual Fee: There is no annual fee for the first year, followed by a $95 annual fee thereafter.

Additional Perks and Considerations: Beyond the substantial rewards on groceries, this card provides access to Amex Offers, which can lead to significant savings if you remember to activate and use them. Cardholders can also earn statement credits by using their card to pay for the Disney Bundle streaming package and an Equinox+ auto-renewing subscription. For a comprehensive overview of the card’s benefits, you can explore our guide on Amex Blue Cash Preferred Benefits.

Prime Visa

The Amazon Prime Rewards Visa Signature Card has always been a solid choice, but its value has significantly increased in light of the growing reliance on Amazon for everyday needs. This card is particularly beneficial for those who frequently shop with Amazon or within the Amazon ecosystem.

Rewards: Earn 5% back on Amazon.com, Amazon Fresh, Whole Foods Market, and Chase Travel purchases with an eligible Prime membership. Additionally, get 2% back at gas stations, restaurants, and on local transit and commuting, including rideshares, and 1% back on all other purchases.

Introductory Bonus: Receive a $100 or more Amazon gift card instantly upon approval with an eligible Prime membership.

Annual Fee: There is no annual fee for the card.

Additional Perks and Considerations: This card is most advantageous for regular Amazon or Whole Foods customers. While there is no direct annual fee for the card, the $139 cost of an Amazon Prime membership effectively serves as an indirect fee. If you’re already investing in Prime, the card incurs no extra cost. Rewards can be redeemed as Amazon credits without a minimum requirement, but they can also be redeemed as statement credits or direct deposits to eligible checking or savings accounts, offering flexibility in how you use your cash back.

Discover it® Student Cash Back

The Discover it® Student Cash Back card stands out in the realm of student credit cards, offering a compelling mix of high earning rates and a unique welcome bonus that’s rare in cards targeted at students. With strategic use, this card can yield considerable cash back.

Rewards: Earn 5% cash back on everyday purchases in various rotating categories each quarter, like grocery stores, restaurants, and gas stations, up to a quarterly maximum upon activation. Additionally, automatically receive an unlimited 1% cash back on all other purchases.

Introductory Bonus: Experience the Unlimited Cashback Match™ feature – Discover will automatically match all the cash back you’ve earned at the end of your first year, with no minimum spending or maximum rewards.

Annual Fee: This card comes with no annual fee.

Pros and Cons: A notable limitation of the Discover it® Student Cash Back card is its lower acceptance rate compared to Mastercard, Visa, or American Express, particularly for international use. This could be a significant drawback for students who travel or study abroad. Additionally, the card’s quarterly bonus categories might not always align with your spending habits, potentially limiting your earning potential in some quarters. Remembering to activate the bonus each quarter is also essential to maximize rewards.

Chase Freedom Flex℠

The Chase Freedom Flex℠ card, when combined with a premium Chase Ultimate Rewards®-earning card like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, or Ink Business Preferred® Credit Card, amplifies its points-earning potential. Even as a standalone option, it’s a formidable cash-back card, especially notable for having no annual fee.

Rewards: Enjoy 5% cash back on up to $1,500 in categories that change every quarter (activation required), 5% back on travel booked through Chase Ultimate Rewards®, 3% back on dining and drugstore purchases, and 1% back on all other purchases.

Introductory Bonus: Earn a $200 bonus after spending $500 in the first three months from account opening. Plus, get 5% cash back on combined gas station and grocery store purchases (excluding Target and Walmart) on up to $12,000 spent in the first year.

Annual Fee: This card comes with no annual fee.

Additional Perks and Considerations: The Chase Freedom Flex℠ stands out for a no-annual-fee card, offering substantial cash-back benefits. The primary drawback is the need to actively remember to activate and track the quarterly bonus categories due to their $1,500 spending cap, which is crucial for maximizing earnings. Also, the card incurs foreign transaction fees, making it less suitable for international travel. For a more detailed look at its features, refer to our Chase Freedom Flex Benefits guide.

Aeroplan® Credit Card

The Aeroplan® Credit Card might initially seem unconventional for flyers based in the U.S., yet it extends notable advantages not only to Air Canada patrons but also to United Airlines customers, as Aeroplan points are redeemable for United and other Star Alliance award flights. Its reward categories are particularly advantageous for everyday expenditures.

Rewards: Earn 3 points per dollar on dining, takeout, eligible delivery services, groceries, and direct purchases with Air Canada, including vacations and cruises. All other eligible purchases earn 1 point per dollar.

Introductory Bonus: Gain 75,000 points after spending $4,000 within the first 3 months of account opening. Additionally, earn 25,000 points after spending $20,000 in the first 12 months.

Annual Fee: The card has a $95 annual fee.

Additional Perks and Considerations: Additional Perks and Considerations: Beyond the typical airline card benefits like a complimentary first checked bag, the Aeroplan card offers access to reduced fee award redemptions, enhancing the value of your miles. Additionally, it provides a comprehensive suite of travel insurances, auto rental coverage, and purchase protection, rounding out its offerings for frequent travelers.

United Club℠ Infinite Card

The United Club℠ Infinite Card is a premium choice particularly for frequent United flyers, offering exclusive access to United Club lounges, which is a major draw for those who value comfort and amenities during their travels.

Rewards: Accumulate 4 miles for every dollar spent on United® purchases, 2 miles per dollar on all other travel expenses and dining, including eligible delivery services, and 1 mile per dollar on all other purchases.

Introductory Bonus: Obtain 90,000 bonus miles by spending $5,000 on purchases within the first three months of opening the account.

Annual Fee: The card has a $525 annual fee.

Additional Perks and Considerations: The primary advantage of the United Club℠ Infinite Card is the access it grants to United Club airport lounges when flying with United or another Star Alliance airline. Despite its high annual fee, it remains more cost-effective than a standalone United Club membership. Additional perks include complimentary first and second checked bags on United flights, Premier Access, a 25% discount on in-flight purchases, and priority upgrades on award tickets.

The Platinum Card® from American Express

For those seeking a premium travel experience, The Platinum Card® from American Express is an excellent choice, offering a range of luxurious perks such as airport lounge access, elite statuses with hotels and car rentals, and exclusive discounts on first-class travel.

Rewards: Earn 5 Membership Rewards Points per dollar on flights booked directly with airlines or through American Express Travel, up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked via American Express Travel, and 1 point per dollar on other eligible purchases.

Introductory Bonus: Receive 80,000 Membership Rewards Points after spending $8,000 on purchases within the first 6 months of card membership.

Annual Fee: The card has a $695 annual fee.

Additional Perks and Considerations: This card includes up to $200 in annual airline incidental statement credits with a selected airline (enrollment required), $200 credit for certain hotel bookings with Amex Travel (minimum two-night stay for the Hotel Collection), and additional credits and discounts for services like TSA PreCheck, Global Entry, CLEAR® Plus, and Uber. Cardholders can also enjoy substantial statement credits with various lifestyle brand partners. For a detailed understanding of the card’s features, explore our Amex Platinum Benefits guide.

Learn More: Assessing the Value of The Amex Platinum Card’s Annual Fee.

Chase Sapphire Reserve®

The Chase Sapphire Reserve® stands out not just for its ability to accrue valuable Ultimate Rewards points on purchases, but also for its comprehensive suite of travel protections, including trip cancellation and interruption insurance, trip delay insurance, lost baggage and baggage delay insurance, and primary rental car insurance. These top-tier protections contribute to its ranking as one of the best travel rewards credit cards.

Rewards: Earn 5 points per dollar on flights and 10 points per dollar on hotels and car rentals when booked through Chase Ultimate Rewards® after the first $300 spent on travel purchases annually. Additionally, receive 3 points per dollar on other travel and dining expenses, and 1 point per dollar on all other purchases.

Introductory Bonus: Secure 60,000 bonus points by spending $4,000 within the first three months of account opening.

Annual Fee: The card carries a $550 annual fee.

Additional Perks and Considerations: This premium card’s high annual fee is offset by up to $300 in automatic travel credits for qualifying purchases and the option for a complimentary Priority Pass Select airport lounge membership. Ultimate Rewards points can be transferred to numerous travel partners, like United Airline MileagePlus and World of Hyatt, and are valued at 1.5 cents each when redeemed through the Chase travel portal. For more details on the card’s advantages, refer to our Chase Sapphire Reserve Benefits guide.

Learn More: Evaluating the Chase Sapphire Reserve Card’s Value.

Chase Sapphire Preferred® Card

For those looking to delve into the world of transferable points without being put off by the high annual fees of some elite cards, the Chase Sapphire Preferred® Card is an excellent starting point.

Rewards: Earn 5 points per dollar on travel booked via Chase Ultimate Rewards®, 3 points per dollar on dining, select streaming services, and online grocery shopping (excluding purchases from Walmart, Target, and wholesale clubs), 2 points per dollar on other travel expenses, and 1 point per dollar on all other purchases.

Introductory Bonus: Acquire 60,000 bonus points by spending $4,000 within the first three months of account opening.

Annual Fee: The card has an annual fee of $95.

Additional Perks and Considerations: The Chase Sapphire Preferred® Card is noted for its versatile and valuable Chase Ultimate Rewards®, which can be transferred to various airline and hotel loyalty programs, like United Airlines and Hyatt, or used for unrestricted bookings through the Chase travel portal at a rate of 1.25 cents per point. The card also offers extensive travel protection, though slightly less comprehensive than that of the Chase Sapphire Reserve®. For a comprehensive review of the card’s benefits, check out our Chase Sapphire Preferred Benefits guide.

Learn More: Assessing the Value of the Chase Sapphire Preferred.

CREDIT CARD
BEST FOR
CREDIT SCORE
ANNUAL FEE
WELCOME BONUS
Wells Fargo Active Cash Card
Wells Fargo Active Cash® Card
Best 0% APR Credit Card
Excellent, Good
$0
$200 Cash Rewards
CapitalOne Venture X Card
Capital One Venture X Rewards Credit Card
Best Flexible Rewards Card
Excellent
$395
75,000 miles
Chase Sapphire Preferred Card
Chase Sapphire Preferred® Card
Best Entry Level Travel Card
Excellent, Good
$95
60,000 bonus points
Chase Sapphire Reserve Card
Chase Sapphire Reserve®
Best Card For Travel Insurance
Excellent
$550
60,000 bonus points
The Platinum Card from American Express
The Platinum Card® from American Express
Best for Luxury Travel and Lifestyle Benefits
Excellent, Good
$695
Earn 80,000 points
United Club Infinite Card
United Club℠ Infinite Card
Best Airline Card
Excellent
$525
Earn 90,000 bonus miles
Chase Aeroplan Card
Aeroplan® Credit Card
Best Mid-Tier Airline Card
Good, Excellent
$95
Earn up to 100,000 points
Hilton Honors Aspire Card from American Express
Hilton Honors Aspire Card from American Express
Best Hotel Card
Good/Excellent
$550
Earn 180,000 points
Hilton Honors American Express Surpass Card
Hilton Honors American Express Surpass® Card
Best Mid-Tier Hotel Card
Good, Excellent
$150
170,000 bonus points
Chase Freedom Flex Card
Chase Freedom Flex℠
Best Cash Back Credit Cards
Excellent, Good
$0
$200 bonus + 5% on Gas and Grocery (excluding Target and Walmart)
Wells Fargo Reflect Card
Wells Fargo Reflect® Card
Best Balance Transfer For Long Payment Window
Excellent, Good
$0
N/A
Discover it Student Cash Back
Discover it® Student Cash Back
Best Student Card
Fair/New to Credit
$0
Cashback Match™
Prime Visa Card
Prime Visa
Best for Amazon
Good, Excellent
$0
Get a $100 Amazon Gift Card (or more)
Blue Cash Preferred Card from American Express
Blue Cash Preferred® Card from American Express
Best For Groceries
Excellent/Good
$0 intro annual fee for the first year, then $95
Earn $250
Discover it Secured Credit Card
Discover it® Secured Credit Card
Best Secured Card
New/Rebuilding Credit
$0
Cashback Match™
Evaluation Method

In 2023, WorkingCapital conducted a comprehensive analysis of over 50 credit cards, focusing on various categories such as cash-back, travel, flexible rewards, business, student, and 0% APR offer credit cards.

Our assessment involved collecting key data points relevant to potential users. These included:

  • Annual fees
  • Reward earning rates and their actual value
  • Introductory bonuses
  • Interest rates, including any special offers
  • Additional card features like benefits, credits, and perks
  • Consumer protection measures


This data enabled us to perform an objective comparison of the cards. We prioritized essential attributes more significantly than those less commonly utilized, forming a rating system ranging from 1 to 5 stars, with 5 being the highest. These ratings facilitated a ranking based on terms and features, helping us identify the standout cards for 2023.

Each card’s star rating, as mentioned, reflects its performance in its specific category. A comprehensive global rating is available in the individual card review.

For a deeper understanding of our rating methodology and editorial process, please refer to our guide, How WorkingCapital Rates Credit Cards.