Best Credit Cards of 2020

These are our recommended credit cards for 2020. Which card you will qualify for is dependent upon your credit score. Not sure what your credit score is? Sign up for a Free CreditSoup account today and get access to your free credit score and top matched credit card options specifically for you. Checking your score has no impact to your credit.

Cash Back Rewards

Citi® Double Cash Card

Credit Recommended:
Excellent
Apply Now on issuer’s secure website.
Credit Recommended:
Excellent
Intro (Transfers)
0% Intro APR Period 18 months on Balance Transfers
Rewards Rate 1
Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
Credit Recommended
Excellent
Apply Now on issuer’s secure website.
Regular APR
13.99% – 23.99% (Variable)
Regular Purchase APR Value
13.99% – 23.99% (Variable)
Cash Advance APR
25.24% (Variable)

Highlights

  • Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
  • To earn cash back, pay at least the minimum due on time.
  • Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 13.99% – 23.99%, based on your creditworthiness.
  • Balance Transfers do not earn cash back.
  • If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
  • The standard variable APR for Citi Flex Plan is 13.99% – 23.99% based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
See additional details for Citi® Double Cash Card

Balance Transfer

Chase Freedom Unlimited®

Credit Recommended (660-850):
Good/Excellent
Apply Now
Chase Freedom Unlimited®
Editor’s Rating: 4.7
4.7
Apply Now on Chase secure website.
Credit Recommended (660-850):
Good/Excellent
Intro (Purchases)
0% Intro APR on Purchases 15 months
Intro Rewards Bonus
$200 bonus
Annual Fee
$0
Apply Now on Chase secure website.
Intro (Transfers)
N/A
Regular APR
14.99% - 23.74% Variable
Credit Recommended
Good/Excellent

Highlights

  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Earn unlimited 1.5% cash back on all other purchases.
  • Earn 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1.5% on all other purchases.
  • No annual fee.
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99 - 23.74%.
  • No minimum to redeem for cash back. Cash Back rewards do not expire as long as your account is open.
See additional details for Chase Freedom Unlimited®

Low Interest

Citi® Diamond Preferred® Card

Credit Recommended:
See website for Details*
Apply Now on issuer’s secure website.
Credit Recommended:
See website for Details*
Intro (Purchases)
0% 18 months on Purchases and Balance Transfers
Intro (Transfers)
0% 18 months on Purchases and Balance Transfers
Annual Fee
$0
Apply Now on issuer’s secure website.
Regular APR
14.74% - 24.74% (Variable)
Cash Advance APR
25.24% (Variable)
Penalty APR
Up to 29.99% (Variable)

Highlights

  • 0% Intro APR for 18 months on purchases from date of account opening and 0% Intro APR for 18 months on balance transfers from date of first transfer. After that the variable APR will be 14.74% - 24.74%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater
  • Get free access to your FICO® Score online.
  • With Citi Entertainment®, get special access to purchase tickets to thousands of events, including concerts, sporting events, dining experiences and more.
  • Shop with confidence knowing that you have dependable protection benefits, including $0 Liability on Unauthorized Purchases and Citi® Identity Theft Solutions.
  • The standard variable APR for Citi Flex Plan is 14.74% - 24.74%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
See additional details for Citi® Diamond Preferred® Card

Travel Rewards

Chase Sapphire Preferred® Card

Credit Recommended (660-850):
Good/Excellent
Apply Now
Chase Sapphire Preferred® Card
Editor’s Rating: 4.8
4.8
Apply Now on Chase secure website.
Credit Recommended (660-850):
Good/Excellent
Intro Rewards Bonus
80,000 bonus points
Rewards Rate 1
2X points on travel and dining at restaurants, including delivery, carryout and dining in
Foreign Trans Fee
$0
Apply Now on Chase secure website.
Annual Fee
$95
Regular APR
15.99% - 22.99% Variable
Credit Recommended
Good/Excellent

Highlights

  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
  • 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That's 3X points in addition to the 2X points you already earn on travel.
See additional details for Chase Sapphire Preferred® Card

Fair Credit

Reflex Mastercard®

Credit Recommended:
Fair/Poor/Bad/Limited
Apply Now on Celtic Bank secure website.
Credit Recommended:
Fair/Poor/Bad/Limited
Regular APR
25.90% - 29.99%
Annual Fee
See Terms
Credit Recommended
Fair/Poor/Bad/Limited
Apply Now on Celtic Bank secure website.
Intro Rate
N/A
Intro Period
N/A
Balance Transfer
N/A

Highlights

  • See if you’re Pre-Qualified with no impact to your credit score
  • All credit types welcome to apply
  • Free access to your Vantage 3.0 score from TransUnion* (When you sign up for e-statements)
  • Monthly reporting to the three major credit bureaus
  • Fast and easy application process; results in seconds
  • Use your card at locations everywhere Mastercard® is accepted
  • Checking Account Required
See additional details for Reflex Mastercard®

Build Your Credit

First PREMIER® Bank Mastercard® Credit Card

Credit Recommended:
Fair/Poor
Apply Now on First PREMIER® Bank secure website.
Credit Recommended:
Fair/Poor
Checking Account Required
Yes
Reports to Consumer Reporting Agencies
Yes
Card Brand
Mastercard®
Apply Now on First PREMIER® Bank secure website.
Credit Recommended
Fair/Poor

Highlights

  • YOU’RE NOT ALONE. With millions of customers nationwide, First PREMIER Bank has the expertise to serve you, your family and friends.
  • Access to available credit when you need it
  • Manageable credit limit, manageable payment, meant to fit your budget  
  • Credit Limit Increase Eligible —upon request, and after 12 months of consistent responsible account management (on-time payments and staying within the credit limit).
  • Choose which account management options are right for you 

*FICO scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any First PREMIER® Bank product.


Student Card

Deserve Edu

Credit Recommended:
Good/Limited
Get Started on Celtic Bank secure website.
Credit Recommended:
Good/Limited
Annual Fee
$0
Credit Recommended
Good/Limited
Regular APR
18.74% Variable
Get Started on Celtic Bank secure website.
Foreign Trans Fee
$0
Late Payment Fee
Up to $25, First Late Fee Waived
Return Check Fee
Up to $37

Highlights

  • Enjoy Amazon Student Prime Membership on us for a year, must be a student to qualify.
  • Earn 1% cash back on all purchases automatically.
  • No Social Security Number required for International Students and no credit history required.
  • No Annual Fee, No Foreign Transaction Fees, and No Late Fee on first late payment.
  • Cell Phone Protection up to $600 when you pay your cell phone bill with Deserve EDU Mastercard along with Mastercard Platinum Benefits
  • More Perks You Deserve: Mint Mobile: Three Months of Text + Talk! Use your Deserve Mastercard to sign up and pay for any Mint Mobile wireless plan and you'll get a $45 statement credit. Lemonade Insurance Rebate - Pay for 3 consecutive monthly insurance from Lemonade with your Deserve card and get a $10 statement credit. Feather Furniture Rental - Use your Deserve card to rent furniture from Feather and enter promo code DESERVE100 to get $100 off your first month's rental.
  • Start/Stop card use + stay current with your FICO score with the Deserve mobile app.
  • Start building credit responsibly and enjoy the perks of being a student
  • No Deposit Required.
See additional details for Deserve Edu
Rates & Fees
Advertiser Disclosure

Best Credit Cards Of 2020

Thinking about applying for a credit card, but aren’t sure which one to choose? You came to the right place. Looking through all the credit card offers takes time, and you might miss out on a great opportunity if you try to do it without help. That’s why CreditSoup maintains a list with many of the best credit card offers.

Read these tips to guide your search for the top credit card of 2020.

Finding the Best Credit Card of 2020

As a responsible credit user, you know that you can’t apply for credit every few minutes. When you make a decision, it should be one you are glad to keep for at least a few years. That is why research into the credit card offers available is so important. No one wants to apply for the first card they see, only to realize it has high fees, fewer benefits or a lower spending limit than other cards. You do not even have to take a lot of time to look. CreditSoup does all the research and puts the best offers of the year right here.

Comparing the Best Credit Card Offers

Most credit cards have the same components, but the terms may differ wildly from one card to the next. The ideal time to compare these terms is before you apply. Look for the following factors:

  • Origination fees you’ll need to pay to get the card
  • Discounts on actions such as balance transfers when applying for the card
  • Introductory interest rates and periods
  • The cost of annual fees, if any
  • Interest rate and whether it is fixed or variable
  • Balance transfer rates and fees
  • Rewards programs and how they will likely work for you
  • Signup bonuses, if available, and the initial spending requirements involved

Credit cards can be a tool to help you manage cash flow and earn benefits for items you were going to buy anyway. The top credit card of 2020 will help keep your expenses down and offer the best rewards you can use.

Reasons to Keep Checking Back

If what you see does not seem like the perfect fit, there are plenty of reasons to keep an eye on this page. The market for credit cards is very competitive, especially for people with higher credit scores. Companies sometimes change their rewards programs and terms at times to entice new customers to sign up and react to competitive pressures. A lower introductory rate or a decrease in balance transfer fees might be just what you need.

The best credit cards of 2020 are listed right here at CreditSoup. Browse this page to find the credit card offer that is the best fit for your needs.


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Advertiser Disclosure

CreditSoup is an independent, advertising-supported comparison service. The offers that appear on this site are from companies from which CreditSoup receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditSoup does not include all companies or all offers available in the marketplace. CreditSoup may use other proprietary factors to impact offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

Editor’s Rating

Our editors review each credit card and provide our ratings based on the features the credit card offers consumers including the fees, interest rates, benefits, rewards, and how it compares to other credit cards in its category. Card ratings may vary by category as the same card may receive a different rating based on that category.

CreditSoup.com may be compensated by companies mentioned on our site when a consumer’s application is accepted or approved by the company.