More and more people decide to have credit cards as a way to support their finances and improve the overall financial situation.
What are the best credit cards to have in 2019? And how to make the right decision?
There are multiple options when it comes to the best credit cards. Some of them have a 0% interest rate while others offer additional benefits to travelers or provide cashback rewards. It pays to do your research and look closer at the peculiarities each of them has. Depending on the way you are going to use it you can opt for a certain option.
Here is how to select the appropriate card that will suit your financial needs.
Pros:
- No annual fee
- No credit check required
Cons:
- Limited information available
- Lack of specific details on benefits and features
The Accepted Platinum credit card offers an exclusive merchandise card and a line of credit for MyUnique Outlet Shopping Club. Cardholders enjoy a $1,000 unsecured line of credit with 0% financing on purchases and low monthly payments starting at $14.95/month. The card does not require a credit check for application, making it accessible for those with poor credit. However, it reports to the major credit bureaus, allowing cardholders to build a positive credit history. There is a $99 annual fee and a 29.99% regular APR. Minimum accepted credit score requirements may vary, but a score above 670 is recommended.
Pros:
- Helps build credit history
- Reports to all three major credit bureaus
- Refundable deposit starting at $200
Cons:
- Annual fee of $39
- No rewards or cash back program
The First Progress Platinum Select Mastercard® Secured Credit Card offers a reliable option for individuals looking to build or rebuild their credit. With no minimum credit history or credit score requirement, it provides an opportunity for those with bad credit to get approved. The card offers a 1% cash back reward on payments made to the secured credit card account, allowing cardholders to earn while they build credit. It has an annual fee of $49 and a regular APR of 14.99% variable. This card provides a stepping stone towards financial stability and credit improvement.
Pros:
- No credit check required
- No employment verification
Cons:
- High APR
The Net First Platinum Credit Card is a merchandise credit line designed for individuals with less than perfect credit or no credit history. It offers an unsecured credit limit of $750, allowing cardholders to make purchases exclusively on the Horizon Outlet online store. There is no employment or credit check required for application. However, it’s important to note that the card can only be used for online shopping within the Horizon Outlet catalog. The card does report account information to credit bureaus, which can help build credit. Specific details about welcome bonuses, annual fees, regular APR, and minimum accepted credit score were not available in the provided context.
Pros:
- No credit check required
- Easy application process
Cons:
- High fees including an enrollment fee
- Monthly maintenance fee, and additional card fee
The Freedom Gold Credit Card, issued by Horizon Card Services, offers individuals with bad credit an opportunity to shop online. With a $750 unsecured credit limit, cardholders can use it exclusively at TheHorizonOutlet.com. The card provides instant approval with no credit check or employment verification required. However, it’s important to note that the Freedom Gold Card does not report to credit bureaus.
Pros:
- No credit check required
- Reports to all three major credit bureaus
- Opportunity to build credit with responsible use
Cons:
- High annual fee of $48
- Requires a security deposit
The Applied Bank® Secured Visa® Gold Preferred® Credit Card is a solid option for individuals looking to build or rebuild their credit. With a fixed APR of 9.99%, it offers a relatively low interest rate. The card does not require a minimum credit score or a credit check for approval, making it accessible for those with poor or limited credit history. However, it does have an annual fee of $48.
Pros:
- No credit check required
- No checking account required
Cons:
- Annual fee of $35
- No rewards or cash back program
The OpenSky® Plus Secured Visa® Credit Card is a solid choice for individuals looking to build or rebuild their credit. It requires a minimum security deposit of $300, with a maximum of $3,000. The card has no annual fee and offers a variable APR of 29.74%. With no credit check required, it provides an opportunity for those with poor or limited credit history to access credit. While it doesn’t offer a specific welcome bonus, responsible card usage can help improve credit scores. Overall, the OpenSky® Plus Secured Visa® Credit Card is a valuable tool for credit building.
Pros:
- High yield savings account
- No monthly maintenance fees
Cons:
- Not a credit card
- Limited information on credit-building features
The Axos High Yield Savings account offers customers a high Annual Percentage Yield (APY) of up to 0.61% on balances below $25,000. With no monthly maintenance fees and no minimum balance requirements, it provides a convenient and fee-free savings option. Although the provided context does not mention a credit card, it focuses on the Axos High Yield Savings account.
Pros:
- No credit check required
- Easy application process
Cons:
- Monthly membership fee of $19.95
The Unique Platinum Credit Card is a merchandise card designed for individuals who have difficulty obtaining a traditional credit card. It offers an unsecured credit limit of $1,000 with no credit checks required.
Pros:
- Rewards program for debit card usage
Cons:
- Not a credit card
- Limited information on credit-building features
The Axos Rewards Checking account offers a fee-free and high-yield banking experience with the potential to earn up to 3.30% APY on balances. With no monthly fees or minimum deposits, this FDIC-insured online checking account provides flexibility. The account also includes unlimited ATM fee reimbursements. It’s important to note that Axos Bank is a legitimate online bank with a range of benefits and features.
Pros:
- Helps build credit history
- Reports to all three major credit bureaus
- Refundable deposit starting at $200
Cons:
- Annual fee of $39
- No rewards or cash back program
The First Latitude Platinum Mastercard® Secured Credit Card is a solid option for individuals looking to build or rebuild their credit. It requires a minimum security deposit of $100, with a maximum of $2,000. The card offers a cash back rewards program, which is rare for secured credit cards. It has an annual fee of $25 for the first year, and $35 annually thereafter. The regular APR is 24.24% Variable. One of its standout features is the lack of a minimum credit score requirement, making it accessible to those with limited or poor credit history.
Pros:
- Helps build credit history
- Reports to all three major credit bureaus
- Refundable deposit starting at $200
Cons:
- Annual fee of $29
- No rewards or cash back program
The First Progress Platinum Elite Mastercard® Secured Credit Card offers individuals an opportunity to build credit with a refundable minimum deposit starting at $200 and a credit line that can go up to $5,000. While it does not mention a welcome bonus, this card has an annual fee of $29. With a regular purchase APR of 14.99% variable, it provides a chance to improve creditworthiness over time. The First Progress Platinum Elite Mastercard® Secured Credit Card is widely accepted wherever Mastercard® is accepted, both online and worldwide.
Pros:
- Helps build credit history
- Reports to all three major credit bureaus
- Refundable deposit starting at $200
Cons:
- Annual fee of $49
- No rewards or cash back program
The First Progress Platinum Prestige Mastercard® Secured Credit Card is a secured credit card that helps individuals build their credit history. With a refundable deposit starting at $200 and a credit limit up to $2,000, it offers flexibility. The card has an annual fee of $49 and a regular purchase APR of 14.99% variable. It is accepted worldwide wherever Mastercard® is accepted.
Best New Credit Cards to Get
Our team reviews the main features of the best-rated credit cards and describes the criteria for selecting the top card for you. You can also find the basic information on the best credit cards to apply for and tips for choosing the one that will work well for your financial situation.
Continue reading, compare the best APR credit cards and you will understand why they outshine the others.
Discover It
Discover company has over 50 million clients across the USA. It offers options for various financial needs. Their Discover IT offers checking options, perks for students, travelers and potential borrowers. Now, this is the third-largest credit card provider in the U.S. Customers may choose from cash-back to travel rewards with numerous additional perks and benefits.
Here are the best credit cards by Discover that may be useful for you.
1. Discover It Cash Back Credit Card
This is a top choice for those who are looking for a cash back option. Customers can get an outstanding 5% cashback on certain spending and purchases. The money can be spent at Amazon.com, at cafes or restaurants as well as at gas stations.
More than that, this card is considered to be one of the best credit cards for bad credit unsecured during the first year of usage as it offers up to 10% cash back at the end of the first year depending on your overall cash back for this period.
- Features: The annual fee is $0.
- Perks: 5% cashback on certain purchases.
- APR: 0% during the 14 months of the promotional period, then 14.24%-25.24%.
This is one of the best personal credit cards for those who:
- want to take advantage of the no-fee annual service
- enjoy the 5% cash back on various categories
- can get up to 10% cash back provided that the client spends up to $1,500 in each category (which is the quarterly maximum)
2. Discover It Miles Travel Credit Card
Are you searching for the best credit cards for travel no annual fee that will allow you to travel to the destination of your dreams? Well, an exotic vacation can be closer than you think if you opt for the best credit cards offers for travelers. This card provides 1.5 miles for each dollar the one spends. Also, there is a cash-back option during the first year.
- Features: The annual fee is $0
- Perks: 1.5 miles for each dollar you spend
- APR: 0% during the 14 months of the promotional period, then 14.24% – 25.24%.
This is one of the best options for those who:
- want to take advantage of the no-fee annual service
- want to receive numerous miles for travel purchases
- receive no intro APR for the balance transfers
Chase
Are Chase offers the best credit cards for me? The answer is “yes” if you are looking for the best MasterCard credit cards for business, cash-back or travel. There are many options to select from if you are willing to get the best premium credit cards from Chase company.
1. Chase Freedom Unlimited
The best way to get a Freedom Unlimited card is to have a good or excellent credit score of 670 minimum. It is easy to receive cashback provided that you’ve previously improved your credit. Then you will be able to earn extra points and perks for spending within certain categories.
- Features: The annual fee is $0
- Perks: 1.5% cash back for each purchase within particular categories, and 3% cash back within the first year for up to $20,000 of spending.
- APR: 16.99% – 25.74%
This is a top choice for those who:
- want to take advantage of the no-fee annual service
- are non-travelers
- want to receive rewards for their purchases
2. Chase Sapphire Preferred Card
This is one of the best-secured credit cards in 2019 offered by the Chase company. What is the best credit card to get for a cost-conscious traveler? You should opt for this one provided that your credit score is good enough. The only drawback is that people with a bad credit score are not eligible.
- Features: The annual fee is $95.00
- Perks: 1 point for each dollar you spend in any country plus 2 points for dining and traveling.
- APR: 17.99% – 24.99%
This is the best choice for those who:
- want to take advantage of extra points and perks for frequent travelers or occasional flyers
- want to receive bonuses and rewards for travel purchases
- don’t want to pay the foreign transaction fee
Capital One
This company has recently become extremely popular among customers. Let’s have a closer look at it to understand why. The top Capital One’s offers have quite affordable annual fees with lots of perks while those cards with no annual fees offer fewer benefits.
1. Savor Rewards Capital One Credit Card
As it comes from its name, this credit card works great for people who want to enjoy rewards and benefits together with the unlimited 4% cashback for entertainment and dining. More than that, this card offers a cash bonus of $300 for every new client.
- Features: The annual fee is $0 during the first year, then $95
- Perks: $300 bonus for every new client and $3,000 cash reward to spend within 3 months
- APR: 16.74% – 25.74%
This is one of the best options for those who:
- want to take advantage of the no-fee annual service during the first promotional year
- want to receive numerous perks and cash rewards for various purchases and entertainment
- don’t want to pay any foreign transaction fees
2. Venture Rewards Capital One
This credit card is useful for clients who are frequent flyers and like traveling. You can receive unlimited 2X Miles using this card.
- Features: The annual fee is $0 during the first promotional year, then $95
- Perks: 2X miles for each dollar you spend, additional 10X miles for staying in various hotels. One can get 50,000 extra points for spending $3,000 on various categories during the first 3 months.
- APR: 17.99% – 25.24%
This is a top choice for those who:
- want to take advantage of the no-fee annual service during the first promotional year
- want to receive numerous miles for travel purchases
- receive no foreign transaction fees
All in all, there are numerous services to select from. No matter which one you decide to have, do your research and compare the perks and benefits of each card before you make the final decision.