Are you looking for the best credit card that will suit your needs? Then, you are at the right place. Whether you want cashback rewards, lounge access, or complimentary hotel stays, you can gain many benefits with these cards. If you want to pay off debt or save, using these credit cards can help you to save some good deals.
Indeed, picking the ideal credit card that has a high reward rate and such cards offers lots of complimentary benefits is something that many individuals search for. From facilities like airport lounges to golf rounds/lessons, you can avail the benefits even under a low or zero membership fee.
But before we get into the topic, it is recommended to read in detail how many credit cards you should have by Bright Money!
This article aims to guide you through the process of selecting the best credit cards and how to apply for them.
What Are The Top Credit Cards & How Do You Apply For Them?
If you are from the U.S. and looking for the best credit cards to apply online, timing plays a crucial role in the chances of approval. Many credit card issuers offer promotions and many bonuses at certain times of the year. So, you can make better application decisions when you watch their website and update info.
1. Capital One Platinum Secured Credit Card
The Capital One Platinum Secured Credit Card is a great choice for all consumers with bad or limited credit. You can also earn a refundable security deposit of at least $49 to get a $200 credit line. If you make on-time payments, you can easily get the chance to have a refundable amount. There is 0 annual fee applicable. However, if you want to apply for this card, you have to follow these steps:
- Go to the Capital One website (www.capitalone.com) using your web browser
- Use the website's search or navigation tools to find information about the Capital One Platinum Secured Card
- Look for a "Apply Now" or "Get Started" button or link on the Platinum Secured Credit Card page to initiate the application process
- Then, you have to select your security deposit amount
- Then, you can review and submit your application
Best For:
Ideal for those with limited or poor credit, helping them establish or improve their credit scores by making on-time payments and managing a secured credit line.
So, if you are interested in this card, click on the above link, go to the Bright Money page, and apply for a hassle-free purchase. If you are looking for other alternatives for building credit, Bright Builder by Bright Money can greatly aid you. With Bright Builder, you won’t have to worry about anything else; just pay in a timely manner and start building credit!
2. United℠ Explorer Card
Once you spend an amount of $3,000 in your first three months of opening a bank account, you can get the chance to earn 60,000 bonus points. The card never charges an introductory fee. For each $1 spent on food and hotels, you can earn a reward of 2 miles. You can also get the chance to earn up to $100 in credit. Now, let’s take a look at the application process.
- You can apply for the United℠ Explorer Card online by visiting the official application page
- Once you apply for the application, provide personal and financial information
- Before you submit your application, it is necessary to review the terms and conditions of the card
Best For:
Suited for frequent travelers, offering significant bonus points for initial spending, bonus miles for specific purchases like food and hotels, and additional travel perks.
After reviewing these details, you can take a look at the Bright Moeney page and apply for it for a hassle-free purchase.
3. IHG One Rewards Traveler Credit Card
The IHG One Rewards Traveler Credit Card is an excellent option and highly preferred among users. A $0 annual fee and $0 foreign transaction fee are applicable on this card. Also, you can get the chance to earn substantial bonus points. Also, you can have lots of facilities with travel and protection benefits. So, review the application process and make a decision.
- Apply for the IHG One Rewards Traveler Card online by visiting the website
- On the card issuer's website, you have to check and fill out the online application form
- Once you have filled out the application form, you have to apply
Best For:
Best for Hotel Rewards: Ideal for individuals who prefer staying at IHG hotels, offering substantial bonus points, travel benefits, and no foreign transaction fees, making it favorable for hotel stays and travel.
Checking these details, you can take a look at the Bright Money page and apply for it for a hassle-free purchase.
4. Blue Cash Everyday® Card from American Express
Are you confused about how to pay off credit card debt besides gaining benefits on regular grocery shopping? Then, you can gain benefits on this card. This card from American Express offers 3% cash back on up to $6,000. If you are looking for an excellent card for higher rewards, you will get lots of rewards and perks with this card. Below, we are mentioning the card’s application process.
- Start by visiting the American Express website and locating the Blue Cash Everyday® Card product page
- On the card's product page, you'll typically find an "Apply Now" button. Click on it to start the application process
- You will need to provide details about your income, employment status, and monthly housing payment
- After providing all the information, review your application for accuracy. Once you are satisfied, you can submit your application
Best For:
Best for Cash Back on Everyday Spending: Perfect for those seeking cash back rewards on everyday expenses, particularly groceries, with a higher percentage cash back on purchases up to a certain limit.
Comparing this card’s features, you can take a look at the Bright Money page and apply for it for a hassle-free purchasing experience.
5. Citi Custom Cash® Card
When you use the Citi Custom Cash card, you can get the chance to earn 5% cash back in the category. If you spend an amount of $500 on each billing cycle, you can get the chance to earn lots of rewards. However, take a look at the application process -
- If you want to apply for the Citi Custom Cash® Card online, check the official website of Citibank. Navigate to the credit cards section and click on the "Apply Now" button
- Then you will have to fill out the application form. Then, you have to provide all the required information accurately. Make sure to double-check your details before submitting the application
Best For:
Best for Flexible Cash Back: Tailored for individuals seeking flexibility in earning rewards, offering a high cash back rate in a customizable category based on the highest spending category in a billing cycle.
If you think this card is right for you, you can even check the Bright Moeney page and apply for a hassle-free purchase.
Conclusion
Credit card options cater to various consumer needs, with July 2023 showing a net credit borrowing of £626 million. While many individuals opt for multiple cards due to the enticing rewards and returns they offer, selecting cards aligned with your spending habits and requirements is essential. Different cards serve different purposes, emphasizing the importance of conducting thorough research before committing to one.
Prioritizing a good credit score before acquiring credit is crucial, as maintaining it reflects responsible financial behavior. It's advisable to assess your needs, compare options, and apply for the best-suited card, ensuring it meets your needs and assists in debt repayment or investment.
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Frequently Asked Questions
1. How Do Credit Cards Work?
A credit card allows you to pay for all the purchases later. You can also earn a grace period for paying, which is usually a time of 21 and 25 days. If you pay the right amount during this time, you will not charged any additional amount.
2. How Is Credit Card Interest Calculated?
When you pay your entire amount balance each month, you will gain a good credit score. If you only make the minimum payment, your risk of getting into debt becomes higher. This is so much important to know because the amount of card balances charges compound interest, which makes your debt get larger over time.
3. What Credit Card Should I Get?
Knowing your credit score properly, checking the ideal budget, and deciding what type of credit card you require for your needs will help you to pick the right card.
4. What Is the Best Credit Card?
The best credit card is always the one that fits well according to your spending habits and needs. If you have a high credit score, then you can easily get approved for almost any card you want.
5. What Is the Easiest Credit Card to Get?
Secured credit cards, student cards, store cards, and alternative credit cards are the easiest cards to get for consumers with bad credit or no credit.
