The Best Credit Cards Of March 2022

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Updated

2022-03-02T22:35:50Z

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Best credit card Editor’s rating Best for Intro bonus Learn more

Citi Citi Simplicity® Card

Citi Simplicity® Card

A five pointed star4.84 /5

A tooltip

Our editor’s ratings are primarily based on 3 things: simplicity, affordability, and value. Our credit card editor takes those factors into account, and comes up with a rating to best reflect how the card performs in that criteria – relative to other products we’ve reviewed.

Best for balance transfers

N/A

Apply Now

Chase Chase Freedom Unlimited®

Chase Freedom Unlimited®

A five pointed star4.59 /5

Best for intro APR offer

1.5% cash back in addition to regular earning on everything you buy up to $20,000 spent in the first year (worth up to $300 cash back)

Apply Now

Citi Citi® Double Cash Card

Citi® Double Cash Card

A five pointed star5 /5

A tooltip

Our editor’s ratings are primarily based on 3 things: simplicity, affordability, and value. Our credit card editor takes those factors into account, and comes up with a rating to best reflect how the card performs in that criteria – relative to other products we’ve reviewed.

Best for cash back

2% cash back on all purchases

A tooltip

1% when you buy, plus 1% as you pay

Apply Now

Chase Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

A five pointed star4.8 /5

A tooltip

Our editor’s ratings are primarily based on 3 things: simplicity, affordability, and value. Our credit card editor takes those factors into account, and comes up with a rating to best reflect how the card performs in that criteria – relative to other products we’ve reviewed.

Best for travel rewards

60,000 points

A tooltip

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

Apply Now

Discover Discover it® Secured Credit Card

Discover it® Secured Credit Card

A five pointed star5 /5

A tooltip

Our editor’s ratings are primarily based on 3 things: simplicity, affordability, and value. Our credit card editor takes those factors into account, and comes up with a rating to best reflect how the card performs in that criteria – relative to other products we’ve reviewed.

Best for bad credit

Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter

Apply Now Rates & Fees

Capital One Capital One QuicksilverOne Cash Rewards Credit Card

Capital One QuicksilverOne Cash Rewards Credit Card

A five pointed star4 /5

Best for average credit

N/A

Apply Now

Chase Ink Business Preferred® Credit Card

Ink Business Preferred® Credit Card

A five pointed star5 /5

Best business credit card

100,000 points after spending $15,000 on purchases in the first 3 months from account opening

Apply Now

Discover Discover it® Student Cash Back

Discover it® Student Cash Back

A five pointed star5 /5

A tooltip

Our editor’s ratings are primarily based on 3 things: simplicity, affordability, and value. Our credit card editor takes those factors into account, and comes up with a rating to best reflect how the card performs in that criteria – relative to other products we’ve reviewed.

Best for students

Unlimited Cashback Match – 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

Apply Now Rates & Fees

The best credit cards available now

Given the wide range of benefits, rewards, and annual fees available, it’s impossible to name one single best credit card. But if you’re looking to find the best credit card for you, breaking it down by category is a good way to approach your search.

For example, if you’re just getting started with credit, a student credit card or a card that doesn’t require a high credit score is an ideal pick.

If you’re looking to earn travel rewards, on the other hand, you’ll want to look at cards like the Chase Sapphire Preferred and the Capital One Venture Rewards Credit Card.

Featured cash back credit cards from our partners

Regular APR 13.99% – 23.99% Variable

Credit Score

Good to Excellent

Regular APR 14.99% – 23.74% Variable APR

Credit Score Good to Excellent

Regular APR 14.99% – 23.74% Variable

Credit Score Good to Excellent

The best credit cards of March 2022

Best for balance transfers: Citi Simplicity® Card

Regular APR

14.74% – 24.74% Variable

Recommended Credit Score

Good to Excellent

Regular APR

14.74% – 24.74% Variable

Recommended Credit Score

Good to Excellent

Pros

  • Offers one of the longest intro APR periods for balance transfers (21 months)
  • No late fees or penalty APR for late payments

Cons

  • Higher balance transfer fee than some other cards
  • Doesn’t offer rewards, so you may want to upgrade to another card once you’re done paying off your debt

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More Information

  • No Late Fees, No Penalty Rate, and No Annual Fee… Ever
  • 0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. 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 5% of the amount of each transfer, whichever is greater.
  • 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.
  • Stay protected with Citi® Quick Lock and $0 liability on unauthorized charges

Intro APR

0% intro APR on purchases for 12 months and on balance transfers for 21 months

Pros: Long introductory APR period on balance transfers, 12-month intro APR period for purchases

Cons: No rewards

If you’re looking to transfer your existing credit card balance to a new card that offers a long introductory APR period, you can’t do better than the Citi Simplicity® Card. It offers 0% intro APR on purchases for 12 months and on balance transfers for 21 months. (You must complete your balance transfers in the first four months from your account-opening date.) After the 21-month intro APR period on balance transfers ends, there’s a 14.74% – 24.74% Variable rate.  There’s a balance transfer fee of 5%, with a minimum charge of $5.

Read more: Citi Simplicity credit card review

To get the full benefit out of the Citi Simplicity® Card, you’ll want to make sure you pay off your balance before the 21-month introductory period is over. The key to using credit cards responsibly is to avoid carrying any debt, so the Citi Simplicity® Card can be a useful tool in your strategy to get back on track with good financial habits.

Read more:

Best for intro APR offer: Chase Freedom Unlimited®

Regular APR

14.99% – 23.74% Variable APR

Recommended Credit Score

Good to Excellent

Regular APR

14.99% – 23.74% Variable APR

Recommended Credit Score

Good to Excellent

More Information

  • Intro Offer: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back!
  • Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
  • After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 14.99% – 23.74%.
  • No annual fee – You won’t have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
  • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.

Intro APR

0% intro APR on purchases and balance transfers for the first 15 months

Pros: Long introductory APR period, earns 1.5% cash back on most purchases, pairs well with other Chase cards

Cons: You can get more cash back on bonus categories with other cards 

The Chase Freedom Unlimited® offers a long introductory 0% APR period of 15 months on purchases and balance transfers, after which there’s a 14.99% – 23.74% Variable APR.

Not only does this card help you pay down credit card debt with a generous introductory APR period, but it also offers solid ongoing rewards. You’ll earn 5% cash back (5x points) on travel purchases made through the Chase Ultimate Rewards travel portal, 3% back (3x points) on drugstores and dining, and 1.5% back (1.5x points) on everything else with no cap.

Read more: Chase Freedom Unlimited credit card review

If you have a Chase card that earns Ultimate Rewards points, such as the Chase Sapphire Preferred or the Chase Sapphire Reserve, you can combine your rewards balances and gain the option to redeem your rewards in more ways, including transferring points to Chase’s airline and hotel partners.

Read more about the Chase Freedom Unlimited:

Best for cash back: Citi® Double Cash Card

Regular APR

13.99% – 23.99% Variable

Recommended Credit Score

Good to Excellent

Regular APR

13.99% – 23.99% Variable

Recommended Credit Score

Good to Excellent

Pros

  • No annual fee
  • Simple earning structure without confusing bonus categories

Cons

  • Some cards earn higher rates of cash back on rotating categories
  • No sign-up bonus
  • While it offers a 0% introductory APR for 18 months, that’s only on balance transfers, not purchases, so you can’t use it to fund a major expense without interest. After those 18 months, it’s a 13.99% – 23.99% (Variable) APR.

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More Information

  • 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 Only 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. Intro APR does not apply to purchases.
  • 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 an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
  • 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.

Intro APR

0% intro APR on balance transfers for 18 months

Pros: Strong cash-back rate, solid intro APR offer, pairs well with other Citi cards

Cons: Some cards with bonus categories can get you more cash back on select purchases

Not only does the Citi® Double Cash Card offer one of the longest introductory APR periods, but it’s also a great option for earning cash back. In fact, it’s one of our top picks for the best cash-back cards thanks to its straightforward earning structure — you get 1% cash back when you make a purchase, and 1% back when you pay your bill. 

Read more: I redeemed over $600 in cash back from the Citi Double Cash this year, and I think it’s a great ‘gateway’ card if you’re new to credit card rewards

As a new cardholder, you get the first 18 months with 0% APR on balance transfers from the date of the first transfer (which must be completed in the first four months from account opening). After that, there’s a 13.99% – 23.99% Variable APR. 

While the Citi® Double Cash Card is a cash-back card, if you also have a premium Citi card like the Citi Premier® Card or the Citi Prestige® Card (no longer open to new applicants), you can combine your cash-back rewards with one of those accounts for the opportunity to redeem them as ThankYou points toward travel. 

However, starting March 28, 2022, the Double Cash card will earn Citi ThankYou points instead of cash back directly. But you can still redeem your points for cash back (as well as travel, gift cards, and more) and get the same rate of return.

Read more about the Citi Double Cash Card:

Best for travel rewards: Chase Sapphire Preferred® Card

Regular APR

15.99%-22.99% Variable

Recommended Credit Score

Good to Excellent

Regular APR

15.99%-22.99% Variable

Recommended Credit Score

Good to Excellent

More Information

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash’s subscription service. Activate by 03/31/22.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.

Pros: High welcome bonus, strong rewards, good travel protections

Cons: Some other travel rewards cards offer more bonus points and added benefits

If you want to earn travel rewards, you’ll find that Chase Ultimate Rewards points are the most user-friendly of the various bank currencies, which are also referred to as transferable points because you can transfer them over to various airline and hotel partners. In the case of Chase points, you can redeem them with partners like British Airways, Hyatt, United Airlines, and Singapore Airlines, or you can book travel directly through Chase. If you choose the latter, your points are worth 1.25 cents apiece — a 25% bonus.

Read more: Chase Sapphire Preferred credit card review

The Chase Sapphire Preferred® Card starts you off with a welcome bonus of 60,000 points after you spend $4,000 in the first three months. Those points are worth $750 in travel booked through Chase, or potentially even more if you decide to redeem with the program’s transfer partners. 

You’ll earn 5x points on travel purchased through Chase Ultimate Rewards (2x points on all other travel purchases), 3x points on dining, 3x points on online grocery purchases (excluding Target, Walmart, and wholesale clubs), 3x points on select streaming services, and 1 point per dollar on everything else. Beyond the rewards, the Chase Sapphire Preferred offers some valuable coverage benefits, including primary car rental insurance, trip delay insurance, and baggage delay insurance.

Recent updates to the Chase Sapphire Preferred® Card include the addition of a 10% anniversary points bonus and up to $50 per year in statement credits for hotels booked through Chase. If you maximize this credit, you can shave off more than half of the card’s annual fee.

Read more about the Chase Sapphire Preferred card:

Best for bad credit: Discover it® Secured Credit Card

Regular APR

22.99% Variable

Recommended Credit Score

New/Rebuilding

Regular APR

22.99% Variable

Recommended Credit Score

New/Rebuilding

Pros

  • Offers cash-back rewards, which isn’t a given for secured credit cards
  • Discover matches cash back after your first account year

Cons

  • Other secured cards let you start with lower minimum security deposits
  • You must fund the security deposit from a bank account

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More Information

  • No Annual Fee, earn cash back, and build your credit with responsible use.
  • Using your secured credit card helps build a credit history with the three major credit bureaus. Generally, prepaid and debit cards can’t do that.
  • Establish your credit line with your tax return by providing a refundable security deposit of at least $200. Bank information must be provided when submitting your deposit.
  • Automatic reviews starting at 7 months to see if we can transition you to an unsecured line of credit and return your deposit.*
  • 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.
  • Discover is accepted nationwide by 99% of the places that take credit cards.
  • Get 100% U.S. based customer service & get your free Credit Scorecard with your FICO® Credit Score.
  • Intro Offer: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
  • Click “Apply Now” to see rewards, FICO® Credit Score terms, Cashback Match(TM) details & other information.

Pros: It’s an attainable option even if you have bad credit, and it earns rewards — which is rare for a secured card

Cons: Some secured cards have lower minimum deposit requirements

If you have a very limited credit history or are looking to repair bad credit, many of the cards on this list won’t be available to you. Most of the top rewards cards require credit scores in the 600s or higher — if that’s not where your credit is, you may need to consider a secured card to repair your credit. 

Secured credit cards are easy to get approved for because they require a cash deposit upfront, which minimizes the issuer’s risk. Your credit limit is equal to the cash deposit you put down. 

Read more: Discover it Secured credit card review

If a secured card seems like the right option for you, the Discover it® Secured is an especially good option, because it’s the rare secured card to offer rewards. You’ll Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, and 1% cash back on all other eligible purchases. Plus, Discover will match all the cash back you’ve earned at the end of the first year. With this card, automatic reviews start at seven months to see if Discover can transition you to an unsecured line of credit and return your deposit.

Read more:

Best for fair credit: Capital One QuicksilverOne Cash Rewards Credit Card

Regular APR

26.99% Variable

Recommended Credit Score

Average, Fair and Limited

Regular APR

26.99% Variable

Recommended Credit Score

Average, Fair and Limited

Pros

  • No bonus categories to keep track of; you earn 1.5% back on everything

Cons

  • Other cards offer higher cash-back rates

More Information

  • Earn unlimited 1.5% cash back on every purchase, every day
  • Earn cash rewards without signing up for rotating categories
  • Be automatically considered for a higher credit line in as little as 6 months
  • Monitor your credit profile with the CreditWise® app, free for everyone
  • $0 fraud liability if your card is ever lost or stolen
  • No limit to how much cash back you can earn, and cash back doesn’t expire for the life of the account
  • Help strengthen your credit for the future with responsible card use
  • Get customized alerts and manage your account with the Capital One mobile app

Pros: Earns 1.5% cash back on every purchase, no foreign transaction fees

Cons: Other cards offer better rewards

Read more: Guide to the best credit cards for fair or average credit

If you have a credit score in the “fair” range (580-669, according to FICO), you have a good chance of being approved for this card. It offers a respectable 1.5% cash back on all purchases, and there are no foreign transaction fees. 

Best business credit card: Ink Business Preferred® Credit Card

Regular APR

15.99%–20.99% variable APR

Recommended Credit Score

Good to Excellent

Regular APR

15.99%–20.99% variable APR

Recommended Credit Score

Good to Excellent

More Information

  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That’s $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won’t be held responsible for unauthorized charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more – your points don’t expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.

Pros: Big welcome bonus, great bonus categories for small businesses, benefits like cell phone protection

Cons: Large spending requirement to earn the bonus, bonus category spending is capped

Read more: Ink Business Preferred Credit Card review

There are lots of great small-business credit cards, and if you travel constantly, it could be worth paying the high annual fee for a more premium option like The Business Platinum Card® from American Express. But if you just want a card that maximizes your returns in popular business spending categories, the Ink Business Preferred® Credit Card is a great choice. 

You’ll earn 3 points per dollar on the first $150,000 you spend each cardmember year in select categories, including travel, shipping, internet/cable/phone, and advertising on social media sites or with search engines, such as Google Ads. Purchases after you reach $150,000, or in any other category, earn 1 point per dollar.

Read more about the Chase Ink Business Preferred card:

Best for students: Discover it® Student Cash Back

Regular APR

12.99% – 21.99% Variable

Recommended Credit Score

Fair/New to Credit

Regular APR

12.99% – 21.99% Variable

Recommended Credit Score

Fair/New to Credit

Pros

  • Earns 5% cash back at Grocery Stores and Fitness Club & Gym Memberships on up to $1,500 in purchases after enrollment from January 1 to March 31, 2022, then 1% (excludes Walmart and Target purchases)
  • Discover matches your cash back after the first year

Cons

  • Not the most rewarding cash-back card for non-bonus purchases

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More Information

  • Intro Offer: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! So you could turn $50 cash back into $100. Or turn $100 into $200. There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.
  • Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • Earn rewards while building your credit history that can help you after graduation. And, get your free Credit Scorecard that includes your FICO® Credit Score and important details that help make up your score.
  • No annual fee. No late fee on first late payment. No APR change for paying late.
  • Refer-a-Friend: Once you become a Discover it® Student cardmember, you can earn a statement credit each time you refer a friend and they’re approved. Over half a million students got Discover Cards from their friends’ recommendations.
  • Freeze It® on/off switch for your account that prevents new purchases, cash advances & balance transfers in seconds.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
  • Discover is accepted nationwide by 99% of the places that take credit cards.
  • 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 12.99% – 21.99% applies.
  • Click “Apply Now” to see rewards, FICO® Credit Score terms, Cashback Match™ details & other information.

Intro APR

0% intro APR for 6 months on purchases

Pros: Earns great cash back, no foreign transaction fee

Cons: Other cards offer a higher cash-back rate on non-bonus spending

The Discover it® Student Cash Back is a pretty rewarding card. It offers 5% cash back on up to $1,500 of purchases in rotating bonus categories each quarter when you activate, and 1% back on everything else (from January 1 to March 31, 2022, you can earn 5% cash back at Grocery Stores (excluding Walmart and Target) and Fitness Club & Gym Memberships on up to $1,500 in purchases after enrollment, then 1%). Discover will even match your cash-back earnings after your first cardmember year. Overall, this card is a great entry point into the world of cash-back rewards.

Read more: Discover it Student Cash Back card review

Other cards that we considered that just missed the cut

Other Insider credit card guides

This guide highlights the best credit card option for several different types of users. If you want a to-the-point recommendation for maximizing your spending and enjoying benefits like an intro APR period, this guide will help you find a quick answer. However, if you want to go deeper, check out our in-depth credit card guides for the following categories:

Methodology: How we chose the best credit cards for 2022

Our list of the best credit cards is the result of an in-depth comparison between credit cards in each sub-category. We looked at America’s largest credit card issuers, as well as cards frequently recommended by blogs, forums, and travel communities.

The values we prioritized when coming up with this list were:

  • Simplicity — not everyone wants to invest lots of time and energy into maximizing their credit cards, so we focused on cards that make things as straightforward as possible
  • Affordability — while there’s a case to be made for paying a high annual fee when you’re getting high value in return, most credit card users aren’t looking for a card that costs $450 or more
  • Value — whether we’re talking about a credit card with or without an annual fee, it’s important that the benefits and features are worth it

Credit card frequently asked questions (FAQ)

Why should I get a credit card?

Credit cards can be powerful tools for improving your credit score and earning rewards — if you use them responsibly.  It’s important to only spend what you can afford to pay off each month so you don’t end up in debt and start amassing steep interest fees.

Read more: Using a credit card is as easy as swiping or tapping, but understanding how payments and interest work is key to staying out of debt

Provided you’re in a position to pay off your credit card statements and spend within your means, there are several reasons opening a credit card could be a good idea. For one, credit cards offer better fraud protection than debit cards or cash — if an unauthorized purchase is made with your card, you won’t be on the hook.

Using a credit card responsibly can also help you build and repair your credit, since your on-time payments will be reported to the credit bureaus. Finally, a credit card can help you maximize every dollar you spend, by earning you cash back, points, or miles. 

What is the best credit card?

It’s impossible to name just one best credit card, because there are so many options for so many different types of users. A credit card that earns travel rewards could be the best option for one person, but if you’re looking to earn cash back, you’ll be better served by another pick.

How do I choose a credit card?

Focus on your priorities, and be realistic about what cards you’re able to get approved for. Most of the top rewards cards require credit scores in the high 600s at a bare minimum, so if your credit score isn’t there yet, you’ll want to look at options for bad to fair credit scores so you can focus on building your credit back up. 

Read more: The best rewards credit card is different for everyone, and the best choice for you depends on 2 things

Beyond that, decide what annual fee you’re comfortable paying. Some people avoid paying credit card annual fees completely, and there are several great cards in the no-annual-fee category, but it could be worth paying a modest annual fee of $95 to $99 for a travel or cash-back card that earns you higher rewards. Also, decide whether you want to earn cash back or travel rewards. Keep in mind that redeeming rewards for travel is more work than simply getting cash back in your account – the payoff can be big, but focus on what is the best option for you.

How do I build credit with a credit card?

Your credit card use is a huge factor in determining your credit score — every on-time payment you make is reported to the credit bureaus and shows potential lenders that you’re able to use credit responsibly. The key to building credit with a credit card is to only spend what you can afford to pay off each month. 

How many credit cards should I have?

There’s no one answer to this question — it’s possible to have more than 20 cards and maintain an excellent credit score, but this would probably entail several annual fees. Go slowly, space out your applications, and never bite off more than you can chew. Make sure you’re able to pay off your balances in full each month, because earning rewards is never worth going into debt.

How do you apply for a credit card?

Nowadays, there are lots of different ways to apply for a credit card, including online, by phone, by mail, through the bank’s app, or in person at a bank branch.

Read more: 5 steps you should take when applying for a credit card

Regardless of how you choose to apply, you should have an idea of your credit score before you open a new card to be sure you have a chance of qualifying. In your application, you’ll be asked for personal details like your full name, address, date of birth, Social Security Number, and income. 

Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners. This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team.

Please note: While the offers mentioned above are accurate at the time of publication, they’re subject to change at any time and may have changed, or may no longer be available.

**Enrollment required.

For rates and fees of Discover it® Secured Credit Card, please click here.

For rates and fees of The Platinum Card® from American Express, please click here.

For rates and fees of the Blue Cash Preferred® Card from American Express, please click here.

For rates and fees of The Business Platinum® Card from American Express, please click here.

For rates and fees of The Platinum Card® from American Express, please click here.

For rates and fees of Discover it® Student Cash Back, please click here.

*Annual fee $695 if application received after 1/12/22. For rates and fees of The Business Platinum® Card from American Express, please click here.

Disclosure: This post may highlight financial products and services that can help you make smarter decisions with your money. We do not give investment advice or encourage you to adopt a certain investment strategy. What you decide to do with your money is up to you. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners. This does not influence whether we feature a financial product or service. We operate independently from our advertising sales team. Read our editorial standards.

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report:-rental-affordability-declines-nationwide

Report: Rental Affordability Declines Nationwide

Placeholder while article actions loadMuch attention has been focused on double-digit home price increases, rising mortgage rates and higher gas and food prices. But tenants are getting slammed with rent increases, too.Nationally, in the 12-month period that ended in February, rents increased by 17.1 percent to a new average high...

uk-jobless-rate-drops-as-more-people-leave-labour-market;-real-public-sector-pay-shrinks-–-business-live

UK Jobless Rate Drops As More People Leave Labour Market; Real Public Sector Pay Shrinks – Business Live

11m ago04:35Here’s a handy thread from the Resolution Foundation on today’s UK jobs report:Vacancies remained high (the ONS 3-month vacancy series is at a record level, while online vacancies are above 2019 levels but below peak). Overall, conditions in the labour market are ‘tight’. pic.twitter.com/QSIFErend5— Resolution Foundation (@resfoundation) April 12,...