Best Credit Cards – Best of Credit Card Karma 2020
Often time, when looking for a credit card, one comes across questions like
The answer depends on your primary purpose for the card, which could be one of the reasons like to build your credit, pay a lower rate for balance transfers and purchases, get cashback bonuses, travel rewards or rewards and perks.
Check your credit score and find out what credit card offers you might be eligible for. Narrow your choices by asking the question, “What is the best credit card for me?” What is the best credit card for me?
How to find best credit card for me ?
Is there a best credit card? In reality, the best credit card for you depends on your goals and lifestyle. There is no one-size-fits-all card;
Experts at Credit Card Karma have compiled a list of the best credit cards in each major category. Explore our top picks and find the best credit card that fits your need and lifestyle.
As we enter 2020, these are the best credit cards from Credit Card Karma. You can find credit cards in every category on this page. If you are looking for a good card in a specific category, you can also select it from the menu. We update this list every month. Keep following us!
Latest Update: 07.18.2020
Best Credit Cards based on Credit Card Karma Score
Wells Fargo Propel American Express® Card
30000 Rewards Points as Sign-Up Bonus & 3x-1x Regular Rewards Points
Bonus & Rewards: 30,000 bonus rewards points.3x Rewards Points for car rental, eating out, ordering in, gas, rideshares, transit, flights, hotels, home stays. 1x on all other purchases.
Regular APR: 14.49% – 26.99%
Annual Fee: None
Introductory APR: 0% for 12 Months
Credit Card Karma Editor Score : 247
Wells Fargo Propel American Express® Card offers good opportunities to consumers with some good features. 30000 bonus rewards points and 3x rewards points on some purchase categories are making this card quite attractive. You don’t need to pay annually fee for the card. There is also 0% APR for 12 months. It is one of the best credit cards in our rewards category at the moment.
Upsides of the card:
- Fair APR.
- 3x rewards points rate at many purchase category.
- No annual fee.
- Low balance transfer fee at first 120 days.
- 0% APR for 12 months
See Rates 14.49% – 26.99% 3x on car rental, eating out, ordering in, gas, rideshares, transit, flights, hotels, home stays purchases. 30000 Rewards points are available as sign-up bonus. Regular: 5% Regular: 14.49% – 26.99% FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
0% for 12 months
1 – 3 points
None
3%
$10 or 5%
25.99% – 27.99%
$5 – 3% (first 120 days)
0% APR for first 12 months
Wells Fargo Visa Signature
$625 Worth Bonus Rewards Points & 15 Months No APR
Bonus & Rewards: 5x rewards points up to $12500 purchase first 6 months. Regular rewards points 1x.
Regular APR: 14.49%-27.99%
Annual Fee: None
Introductory APR: 0% for 15 Months
Credit Card Karma Editor Score : 253
With $625 worth bonus rewards points promotion, Wells Fargo Visa Signature offers the best sign-up bonus in Credit Cards Center. 0% introductory APR for 15 months and no annual fee are other attractive features of the card. Balance transfer fee is also 3% for first 120 days period.
Upsides of the card:
- $625 worth rewards point bonus.
- No APR for 15 months.
- No annual fee.
See Rates Regular: 14.49%-27.99% 5 x rewards points for up to $12,500 on purchases some products. (6 Months) Regular: 5% Regular: 14.49% – 27.99% FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
0% for 15 months
1 point
None
3%
$10 or 5%
25.99% – 27.99%
$5 – 3% (first 120 days)
0% APR for first 15 months
Citizens Trust Bank Visa Prestige Elite Credit Card
9.25% APR & No Fees for Cash Advance, Purchase, Balance Transfer!
Bonus & Rewards: None
Regular APR: 9.25%
Annual Fee: None
Introductory APR: None
Credit Card Karma Editor Score : 201
Citizens Trust Bank Visa Prestige Elite Credit Card is providing one of the lowest interest rates to consumers. Besides you are not going to pay most of regular credit card fees with the card. There is only payment for cash advances and it is $1.5 only.
Upsides of the card:
- Only $1.5 as cash advance fee.
- There is not any balance transfer fee.
- You will not pay foreign transaction fee.
- All APRs are 9.25% for this card.
- There is no annual fee.
See Rates FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Late Payment Fee
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
9.25%
Not Available
None
None
$30
$1.5
9.25%
None
9.25%
Armed Forces Bank Credit Builder Secured Visa
No Cash Advance Fee & No Balance Transfer Fee
Bonus & Rewards: None
Regular APR: 22.99%
Annual Fee: $25
Introductory APR: None
Credit Card Karma Editor Score : 202
Armed Forces Bank Credit Builder Secured Visa provides good advantages for those who want to rebuild credit and build credit. There is no cash advance fee and no balance transfer fee on the card. The annual fee is also reasonable.
Upsides of the card:
- $25 annual fee is good.
- You don’t need to pay fees for cash advance.
- There is also no fee for balance transfers.
- 1% foreign transaction fee is not bad.
See Rates Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Late Payment Fee
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
22.99%
None
$25
1%
$25
None
22.99%
None
22.99%
FNBO Cash Back Visa Card
3% Bonus Cash Back & 2% Regular Cash Back
Bonus & Rewards: 3% cash back for first 6 months. Regular cash back is 2%.
Regular APR: 18.99% – 25.99%
Annual Fee: None
Introductory APR: None
Credit Card Karma Editor Score : 154
FNBO Cash Back Visa Card offers good cash back rates to consumers. The regular cash back rate is going to be 2%. Other upside of the card, you will not pay annually for it.
Upsides of the card:
- UNLIMITED 2% CASHBACK.
- No annual fee.
- Rewards earned do not expire.
See Rates Regular: 2% Cashback. FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Late Payment Fee
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
18.99% – 25.99%
3% Cashback Rewards for first 6 months.
None
3%
$37
$15 or 5%
27.24%
$10 or 5%
18.99% – 25.99%
SunTrust Bank Cash Rewards Credit Card (SunTrust and BB&T are now Truist)
0% APR for 15 Months & 5x Bonus Cashback
Bonus & Rewards: 5% Bonus Cash Back. 2% cash back on gas & grocery. 1% cash back on other purchases.
Regular APR: 13.24% – 23.24%
Annual Fee: None
Introductory APR: 15 Months
Credit Card Karma Editor Score : 241
Unlike many other cash rewards credit cards, this card offers low interest rates for consumers. No annual fee, no foreign transaction fee, 5% cashback bonus for $6000 worth purchases in 12 months are some attractive features of the card.The card also offers 0% APR on purchases and balances for 15 months.
Upsides of the card:
- 0% APR for 15 months.
- 5x cash back for 6 months.
- 2x cash back on gas and grocery purchase.
- No annual fee.
- No foreign transaction fee.
- Low fees.
- Low APR.
See Rates Regular: 13.24%–23.24% 1x for purchases at all other categories. Bonus: 5% cash back for first $6000 worth gas and grocery purchases. Regular: 13.24%–23.24% FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
0% APR for first 15 Months
2x for gas and grocery purchases.
None
None
4%
26.99%
3%
0% APR for first 15 Months
Citizens Trust Bank Visa Privilege
Low APR & No Balance Transfer Fee & No Foreign Transaction Fee
Bonus & Rewards: None
Regular APR: 13.74% – 21.74%
Annual Fee: $30
Introductory APR: None
Credit Card Karma Editor Score : 184
Why this card is so good for build credit? There are many good reasons of this. Firstly this card doesn’t ask any extra payment for balance transfer. There is no balance transfer fee at all. This is very rare and unique feature, especially in credit builder credit cards… The other thing which makes this card super is Cash Advance fee. It is only $1.5 regardless how much cash advance you withdraw. There is no foreign transaction fee with the card. Regular APR is very low when it’s compared with other credit builder cards: 13.74% – 21.74%. All these features are very unique for a credit builder card.
Upsides of the card:
- Very low APR for a credit builder.
- No foreign transaction fee.
- $1.5 cash advance fee.
- No balance transfer fee.
See Rates FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Late Payment Fee
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
Regular: 13.74% – 21.74%
None
$30
None
$30
$1.5
13.74% – 21.74%
None
Regular: 13.74% – 21.74%
Citizens Trust Bank Visa Classic ATL Credit Card
No Balance Transfer Fee & 11.25% Balance Transfer APR
Bonus & Rewards: 1 Rewards Points per $1 purchase.
Regular APR: 11.25%
Annual Fee: None
Introductory APR: None.
Credit Card Karma Editor Score : 280
There is no balance transfer fee for this card and balance transfer APR is only 11.25%. You can earn 1 rewards points per $1 which is below average. However there are many other good upsides of the card. You can see it in the list below.
Upsides of the card:
- Very low APR for cash advance.
- Low APR for balance transfers and purchase.
- No annual fee.
- You will not pay any balance transfer fee.
- Only $1.5 cash advance fee.
- No foreign transaction fee.
See Rates FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Late Payment Fee
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
Regular: 11.25%
1 Rewards Points
N/A
None
$30
$1.5
11.25%
None
Regular: 11.25%
Bank of Hope Rewards Visa Signature
3x Rewards Points to Gas Purchases & No Annual Fee
Bonus & Rewards: 5000 bonus rewards points. 3x on gas purchases. 2x on Travel and Dining. 1x on other purchases.
Regular APR: 14.49%, 18.49% or 22.49%
Annual Fee: None
Introductory APR: 0% for 12 Months
Credit Card Karma Editor Score : 214
Despite of disappointing sign-up bonus, Bank of Hope Rewards Visa Signature is providing unlimited rewards points to consumer with good rates. Regular APR is at fair rate. 0% APR for 12 months, no annual fee, no foreign transaction fee, low balance transfer and cash advance fees are upsides of the card.
Upsides of the card:
- No annual fee.
- No extra payment for foreign transactions.
- You can boost rewards points with redeem them for airfare.
- You will not need to pay APR for first 12 months.
- Fair regular APR rates.
- Good for travel and gas purchase.
See Rates Regular: 14.49%, 18.49% or 22.49% Regular: 3 Rewards Points to Gas Purchases 2 Rewards Points to Travel and Dining Purchases 1 Rewards Points to all purchases at other categories 25% more redeem value at air travel purchases from PointQuest Rewards. Regular: 14.49%, 18.49% or 22.49% FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
0% for first 12 months.
5000 rewards points bonus for first $1000 purchase.
None
None
$10 or 4%
23.99%
$10 – 3%
0% for first 12 months.
Wells Fargo Cash Back College Card
3% Cash Back in 6 Months & 0% APR for 6 Months
Bonus & Rewards: 3% cash back in first 6 months. Regular cash back rate is 1%.
Regular APR: 13.15%-23.15%
Annual Fee: None
Introductory APR: 0% for 6 Months
Credit Card Karma Editor Score : 144
Regular APR of the card at the fair rate. The card is providing 6 month 0% APR opportunity for students and 3% cash back for first 6 months. There is not also annual fee of the card. This is one of the top offers for students in Credit Cards Center.
Upsides of the card:
- 6 months 0% APR.
- 3% cash back in first 6 months.
- No annual fee.
- Reasonable APR rates.
See Rates Regular: 13.15%-23.15% Regular: %1 Cash Back. Regular: 5% Regular: 13.15%-23.15% FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
0% for 6 months
3% Cash back on purchases in 6 months.
None
3%
$10 or 5%
25.99%
$5 – 3% (first 120 days)
0% APR for first 6 months
BBVA Compass Select Credit Card
3x Rewards Points from Selected Category & Low APR
Bonus & Rewards: Earn 3x rewards points for a category you select. Earn 2x rewards points for 2 categories. 1x on all purchases. 1000 bonus points for $5000 worth purchases. $100 account credit for $20000 worth purchases.
Regular APR: 15.24% – 19.24%
Annual Fee: $125 (Waived first year)
Introductory APR: None
Credit Card Karma Editor Score : 203
BBVA Compass Select Credit Card is actually good opportunity for consumers since they can select a purchase category with this card. So it can be beneficial for consumers if they make right choices for rewards. However sign-up bonuses of the card are a little bit disappointing. If BBVA could make a nice promotion for sign-up bonus, we believe that this card could be much better.
Upsides of the card:
- No foreign transaction fee.
- Low APR.
- Good cash advance fee rate.
- No annual fee for first year.
- You can pick purchase categories.
See Rates You pick a purchase category for 2x and 3x rewards. Rest of purchases are 1x. Bonus: Earn 1000 rewards points every month for $5000 purchase. Earn $100 for qualifying purchases which is worth $20000. Regular: 125$ FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Late Payment Fee
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
Regular: 15.24% – 19.24%
Regular: 1 – 2 – 3
First year: 0$
None
$37
$10 or 4%
24.24%
$10 – 4%
Regular: 15.24% – 19.24%
BBVA Optimizer Credit Card
Fair APR for Purchase & Balance
Bonus & Rewards: None
Regular APR: 20.24%
Annual Fee: $40
Introductory APR: None
Credit Card Karma Editor Score : 160
BBVA Optimizer Credit Card is one best credits card for consumers if they don’t have any credit history. The card is providing fair APR rates for purchase and balance. Annual fee is also reasonable.
Upsides of the card:
- Fair APR rates for purchase and balance transfer.
- Maximum cash advance and balance transfer fees are reasonable.
See Rates FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Late Payment Fee
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
Regular: 20.24%
None
$40
%3
$37
$10 or 4%
29.24%
$10 – 4%
Regular: 20.24%
SunTrust Bank / Truist Travel Rewards Credit Card
Fair APR for Purchase & Balance + 15 Months No APR for Balance Transfers
Bonus & Rewards: 3% cash back to travel. 2% cash back on dining. 1% cash back to all purchases.
Regular APR: 13.24% – 23.24%
Annual Fee: $89 (First Year Waived)
Introductory APR: None for purchases. 15 months for Balance Transfers.
Credit Card Karma Editor Score : 206
SunTrust Bank Travel Rewards Credit Card is a good card for travellers who wants to gain cash backs on purchases related with travel. The card also providing 2% cash back on dining.
Upsides of the card:
- 0% APR on balance transfers for 15 months.
- 3% cash back to travel, 2% cash back to dining, 1% cash back to all purchases.
- No annual fee in the first year.
- There is no foreign transaction fee on the card. This will help you to save a lot if you are visiting abroad often.
- APR rates of the card is fair.
See Rates 2% cashback on dining purchases. 1% cashback on all other purchases. $89 Regular: 13.24%–23.24% FTF: Foreign Transaction Fee Close Rates
Interest Rate (APR)
Rewards ($1)
Annual Fee
FTF(*)
Late Payment Fee
Cash Advance Fee
Cash Advance APR
Balance Transfer Fee
Balance Transfer APR
Regular: 13.24%–23.24%
3% cashback on travel purchases.
First year waived.
None
$38
4%
26.99%
3%
0% APR for first 15 Months
