If you find yourself in the realm of credit where your score is neither average nor poor but falls short of excellent, don’t worry, because there are still plenty of attractive options available to you.
While you might not qualify for the most exclusive premium rewards cards, there are many strong offers for you with good credit. These cards may come with enticing cash-back rewards or simply serve as a secure and straightforward payment method with minimal fees.
Discover some of the best credit cards perfectly suited to your good credit score, offering you a range of benefits and perks to maximize your financial experience.
Best Credit Cards for Good Credit
- Chase Freedom Flex
- Wells Fargo Active Cash® Card
- Chase Sapphire Preferred Card
- Discover it Cash Back
- Capital One SavorOne Cash Rewards Credit Card
1. Chase Freedom Flex
9.8/10
If you have good credit and want to maximize rewards without an annual fee, consider Chase Freedom Flex. You get 5% cash back on rotating quarterly bonus categories (up to $1,500 spending per quarter when activated) and 5% cash back on travel purchased through Chase Ultimate Rewards. It’s an excellent choice if you seek rewards.
Pros
- Offers a 5% cash back on rotating quarterly bonus categories, up to $1,500 in combined spending each quarter when activated.
- Gives a 5% cash back on travel purchased through Chase Ultimate Rewards®.
- Provides a generous signup bonus for new cardholders.
- Covers a wide swath of expenses including travel, drugstores, and dining with no annual fee.
Cons
- Requires activation to earn 5% cash back on rotating quarterly bonus categories.
- Limits the 5% cash back on travel to purchases made through Chase Ultimate Rewards®.
The Chase Freedom Flex offers a variable APR ranging from 20.24% to 28.99%, requiring a good to excellent credit score (700-749) for eligibility. The card provides attractive cash-back rewards, including 5% on rotating bonus categories each quarter, 5% on travel through Chase Ultimate Rewards, 3% on dining and drugstore purchases, and 1% on all other purchases.
With no annual fee, it is a cost-effective option for you. As a new cardholder, you may also qualify for a sign-up bonus by meeting spending requirements. Reward points do not expire as long as your account remains open.
However, a 3% foreign transaction fee applies to international purchases. The card also offers Trip Cancellation/Trip Interruption Insurance for covered situations, providing added travel protection.
2. Wells Fargo Active Cash® Card
9.6/10
The Wells Fargo Active Cash® Card is an attractive option for straightforward cash-back rewards. It offers an unlimited 2% cashback on all purchases, a generous sign-up bonus, and a 0% intro APR on purchases and balance transfers.
Pros
- Earn 2% cash back at
- Earns an unlimited 2% cashback on all purchases.
- Provides a valuable sign-up bonus for new cardholders.
- Offers a 0% introductory APR on purchases and balance transfers.
- Charges no annual fee
Cons
- Lacks bonus categories for higher cash-back rates.
The Wells Fargo Active Cash® Card offers a compelling package of benefits with no annual fee, including a $200 cash rewards bonus after spending $500 in the first 3 months and unlimited 2% cash back on all purchases without any categories to track.
The card provides a 0% introductory APR for 15 months on purchases and qualifying balance transfers, making it attractive for balance transfers as well. Additional features include Cellular Telephone Protection up to $600, advanced security measures, and access to the Wells Fargo Mobile® app for convenient account management.
You also enjoy Contactless Payment, Zero Liability Protection, and enrollment in Credit Close-Up for monitoring your FICO Score. The card has received awards for its simplicity and benefits.
Redemption options include offsetting eligible purchases, receiving credit, or redeeming as a check. However, it’s worth noting that the card has a 3% foreign transaction fee for purchases made outside the United States.
3. Chase Sapphire Preferred Card
9.5/10
The Chase Sapphire Preferred® Card is an excellent choice if you like to travel and also have good credit. It offers valuable travel rewards, including 5X points on travel purchased through Chase Ultimate Rewards® and 5X points on prepaid hotels booked with American Express Travel.
Pros
- Earns 5X points on travel purchased through Chase Ultimate Rewards®.
- Offers 5X points on prepaid hotels booked with American Express Travel.
- Comes with flexible redemption options.
- Provides a generous sign-up bonus.
Cons
- Comes with an annual fee.
The Chase Sapphire Preferred® Card is a popular travel rewards credit card offered by Chase. It comes with a $95 annual fee but offers a generous welcome bonus if you’re a new cardholder who meets the spending requirement.
You can earn 2X points on dining and travel purchases worldwide and 1X points on all other purchases. The card operates on the Chase Ultimate Rewards® program, allowing points to be transferred at a 1:1 ratio to various airline and hotel loyalty programs.
Redeeming points for travel through the Chase Ultimate Rewards® portal provides a 25% bonus on the redemption value. The card offers valuable travel insurance benefits, a 0% foreign transaction fee, and additional perks such as purchase protection and extended warranty coverage. To qualify, you generally need a good to excellent credit score (typically around 700 or higher).
4. Discover it Cash Back
9.1/10
Discover it Cash Back is an excellent choice to earn cash back on rotating bonus categories. When you activate, it offers 5% cash back on various spending areas, including grocery stores, restaurants, gas stations, and Amazon.com.
Pros
- Earns 5% cash back on rotating bonus categories when activated, including grocery stores, restaurants, gas stations, and Amazon.com.
- Matches cash back earned in the first year.
- Requires no annual fee.
- Offers unlimited 1% cash back on all other purchases.
Cons
- Requires activation for bonus categories to earn 5% cash back.
- May not be widely accepted in some places compared to Visa or Mastercard.
Discover It Cash Back is a rewarding credit card that follows a unique cash-back approach requiring good to excellent credit (between 670 and 850) for approval. You earn a flat 1% cash back on regular spending and an impressive 5% cash back on up to $1,500 spent each quarter in rotating bonus categories, which require activation.
The card has no annual fee and stands out with its Cashback Match feature, where Discover matches all the rewards earned at the end of the first year, effectively doubling the cash back you earn. The rotating cash-back categories change each quarter, offering various opportunities to elevate your rewards.
Discover It Cash Back also provides a 0% introductory APR on purchases for the first 15 months, and its regular APR ranges from 16.99% to 27.99% variable, depending on creditworthiness. Points do not expire as long as your account remains open.
5. Capital One SavorOne Cash Rewards Credit Card
9/10
If you love dining out and entertainment, the Capital One SavorOne Cash Rewards Credit Card is perfect for you. With no annual fee, it offers a competitive cash-back rate on dining and entertainment.
Pros
- Gives a competitive cash-back rate of 3% on dining and entertainment.
- Offers a solid sign-up bonus for new cardholders.
- Requires no annual fee.
- Provides access to Capital One’s best prices on thousands of trip options through Capital One Travel.
Cons
- Offers a lower cash-back rate on dining and entertainment compared to the annual-fee version.
- May not have as many premium benefits as some other travel credit cards.
If you enjoy dining out, going to entertainment events, and spending on popular streaming services and groceries, then the Capital One SavorOne Cash Rewards Credit Card could be a great addition to your wallet.
With this card, you earn an impressive 3% cash back on those categories and even 5% cash back on hotels and rental cars when you book through Capital One Travel. Plus, there’s no annual fee and you get an introductory 0% APR on purchases and balance transfers for 15 months.
To be eligible for this card, you generally need a good to excellent credit score, which typically ranges from 670 to 850.
Overview of Best Credit Cards for Good Credit
If you have good credit, you’re in for some fantastic credit card opportunities with enticing rewards and benefits. Although you might not qualify for the most exclusive premium cards, there are still plenty of excellent offers available to you.
These credit cards are for responsible individuals like you, who have maintained a solid credit history. Whether you prefer cash-back rewards, secure payment methods, or travel perks, there’s a perfect card waiting for you.
Consider checking out the Chase Freedom Flex for its versatile rewards, the straightforward Wells Fargo Active Cash Card, the travel-focused Chase Sapphire Preferred Card, the rewarding Discover it Cash Back, or the foodie-friendly Capital One SavorOne Cash Rewards Credit Card. With these options, you can make the most of your good credit and enjoy a world of financial possibilities.
How to Choose the Best Credit Cards for Good Credit
Selecting the best credit card for your good credit score involves careful consideration of various factors.
- Analyze your spending habits and determine your preferences: cash-back rewards, travel perks, or low-interest rates.
- Compare annual fees with potential benefits offered by the card.
- Take advantage of introductory offers or promotional APR periods to maximize the card’s value.
- Ensure the card issuer reports your activity to credit bureaus for building and maintaining your credit score.
Pros & Cons of Best Credit Cards for Good Credit
- Pros
- Offers better rewards and perks.
- Gives higher credit limits.
- Improves chances of approval for various loans.
- Provides excellent customer service.
- Includes additional perks such as travel insurance or purchase protection.
- Cons
- Carries the risk of high-interest rates for carrying balances.
- May tempt users to overspend due to increased credit limits.
What to Watch Out For
While credit cards for good credit offer numerous benefits, there are some aspects to be mindful of.
- Avoid missing payments or carrying high balances to protect your credit score.
- Watch out for hidden fees like foreign transaction fees, late payment charges, or balance transfer fees.
- Responsible credit management is key to maximizing card benefits and maintaining good credit standing.
Pro Tips
To make the most of your credit cards for good credit, follow these pro tips.
- Maximize the benefits of your credit cards for good credit by consistently paying your balance in full and on time to avoid interest charges.
- Optimize your financial situation by considering balance transfer offers to consolidate high-interest debts, but be mindful of associated fees.
- Strategically utilize cash-back rewards or travel perks to make the most of the rewards offered by your credit cards.
- Stay on top of your financial health by regularly reviewing your credit card statements and monitoring your credit score.
Recap
Having good credit opens up a world of credit card opportunities, including the enticing rewards and benefits offered by cards such as Chase Freedom Flex, Wells Fargo Active Cash® Card, Chase Sapphire Preferred Card, Discover it Cash Back, and Capital One SavorOne Cash Rewards Credit Card. By carefully selecting the best card for your needs and managing it responsibly, you can make the most of your credit card experience. While enjoying the perks, it’s essential to remain vigilant of potential drawbacks and follow pro tips to ensure a positive credit journey and maintain a strong credit profile for the future.
No Comment! Be the first one.