Best Credit Cards for Good Credit

When you have bad credit, it can feel like the entire world is against you. Lenders refuse loans, creditors refuse lines of credit, and you have no chance of getting a mortgage. But when you have good credit, those issues are a thing of the past. Not only can you get new cards and loans without issue, but the rates and fees offered via those cards will be much better.

Start raising your credit score today.

Call 800-450-0779.

What is Good Credit?

The range for a “Good” credit score is generally above 670, but it depends on whether the FICO or VantageScore model is used. Generally, as soon as you get near 700, you’re in this range and the higher above 700 you go, the nearer you get to “Excellent” credit.

The term “good credit” is also used to loosely define someone who has a respectable credit history, with few derogatory marks, credit applications, and other issues. Their actual score may be slightly lower or higher than “Good”, but typically they won’t face issues when applying for new credit.

How to Get a Good Credit Score

If you have bad credit, you’re actually in the minority, with Experian estimating that just 16% of Americans have a score in the “Very Poor” or “Bad” range. The bad news is that you’ll struggle to get a good credit score if you have a score this low; the good news is that improving your score isn’t that difficult.

Your credit score is updated every month, so if you make significant changes in one month, you could see a significant improvement in your score the next time you pull your credit report. 

The extent that these changes will impact your score and the ease at which you can perform them will depend on your current credit report and personal financial situation. However, all can be performed with relative ease:

Pay Off Debt

Your credit utilization accounts for 30% of your FICO score and is therefore incredibly important when building your credit score. This ratio calculates all your debt and compares it to your credit limit. For instance, if you have three credit cards each with a limit of $2,000, and you have $500 of debt on all of them, that’s a total debt of $1,500 and a total credit limit of $6,000, which means your credit utilization ratio is 25% ($1,500 is 25% of $6,000).

By paying more of your debt each month, you can reduce this score and greatly improve your credit utilization ratio. If you can’t seem to improve your credit score no matter what you do, it may be that your credit utilization ratio is holding you back. But this is a good thing, as paying off a little extra money could improve your ratio, increase your score, and put you in a more favorable range.  

$100 here and there could be the difference between 10s of points, which in turn could be the difference between a Fair credit score and a Good credit score.

Improve Your Credit Limits

Paying off debt isn’t the only way to improve your credit utilization ratio. You can also increase your credit limits, which has the same effect but may be easier if you don’t have any extra cash to spare at the end of the month. Simply contact your credit card company and request an increase.

If your circumstances have improved, you have consistently proved that you can make your payments on time, and you haven’t increased your credit line recently, you should be accepted. 

Stop Applying for New Accounts

Every time you apply for a new loan or credit card, you receive a hard credit check and that can reduce your FICO score by between 2 and 5 points. This can be difficult if you are looking for a new credit card, but you can get quotes and detailed credit card offers without receiving a hard inquiry.

Inquires only occur when you go through the final stages of the application process and creditors are required to warn you before initiating such a check.

Add Yourself as an Authorized User

By adding yourself as an authorized user on a parent’s, friend’s or partner’s credit card you could benefit from the increased credit limit without suffering the consequences. It won’t significantly increase your score and it’s not strong enough on its own to give you good credit, as you’re not paying for the bills yourself and don’t have the full responsibility that comes with being a cardholder, but it can help.

As an authorized user, you will receive a credit card with the cardholder’s name on it and can use this to make purchases that the owner will be responsible for.

Apply for a Secured Card

Secured credit cards work just like other credit cards, only they have limits that are fixed to an initial deposit. Just add a couple of hundred bucks to the card, use it to make payments, clear the balance in full every month, and in a few months, your score will improve. 

Although secured cards are geared more towards users with no credit, they can also help you if you have bad credit. After a few months, your account will be reviewed, and the credit card issuer may upgrade you to an unsecured credit card.

The Best Credit Cards for Good Credit

What follows is a list of available credit cards for applicants with good credit. The minimum score for these cards is around 670 to 690, but the higher your score is beyond this range, the better your interest rate will be.

Chase Freedom

The Chase Freedom is a hugely popular cash rewards credit card that offers a cash back rate of 5% on rotating quarterly categories, with a fixed limit of $1,500 every quarter. These categories include US Gas Stations, US supermarkets, and more, and once this limit has been reached, an unlimited rate of 1% will apply. This unlimited rate also applies to all non-bonus purchases.

There is no minimum redemption rate and the rewards do not expire.

  • Credit Card Issuer: Visa
  • Annual Fee: None
  • Regular APR: 16.49% to 25.24% (depends on credit score)
  • Account Opening Bonus: $150 when you spend $500 in first 3 months
  • Balance Transfer Fee: 3% intro balance transfer fee; 5% or $5 thereafter
  • Foreign Transaction Fees 3%
  • Introductory APR: 0% on purchases/transfers for 15 months
  • Rewards Program: As much as 5% cash back

Chase Freedom Unlimited

The Chase Freedom Unlimited has many of the same perks and features as the Chase Freedom, but with one key difference. Instead of a limited 5% rate that drops to 1% for other purchases, the Unlimited variant of this card offers a flat rate of 1.5% for all purchases.

Both are tied to the Chase Ultimate Rewards program and the best card for you will depend entirely on where you spend your money and how much you spend.

  • Credit Card Issuer: Visa
  • Annual Fee: None
  • Regular APR: 16.49% to 25.24% (depends on credit score)
  • Account Opening Bonus: $150 when you spend $500 in first 3 months
  • Balance Transfer Fee: 3% intro balance transfer fee; 5% or $5 thereafter
  • Foreign Transaction Fees 3%
  • Introductory APR: 0% on purchases/transfers for 15 months
  • Rewards Program: Unlimited 1.5% cash back

Discover It Cash Back

The Discover It Cash Back card is one of our personal favorite credit cards. It has a base rewards rate of 1% but cardholders can also earn 5% cash back on rotating categories every quarter. These quarterly categories include US supermarkets, gas stations, rideshares, and restaurants, with fixed maximums for each period.

The 1% rate is unlimited and covers all non-bonus categories. It also kicks-in once you reach the quarterly maximum. Rewards never expire and can be redeemed for statement credit and Amazon checkout purchases. Discover will also double your cash back at the end of your first year and alert you if your Social Security Number has been found on the dark web.

  • Credit Card Issuer: Discover
  • Annual Fee: $0
  • Variable APR: 13.49% to 24.49% (depends on credit score)
  • Account Opening Offer: All cash back is matched for first year (double bonus points)
  • Balance Transfer Fee: 3% intro balance transfer fee; 5% thereafter
  • Foreign Transaction Fees: $0
  • Introductory APR: 0% purchase APR and balance transfer APR for 14 months
  • Rewards Program: Get as much as 5% cash back on rotating bonus categories, including gas stations, grocery stores and US supermarkets

Capital One Venture 

The Capital One Venture is arguably the best travel card that Capital One has to offer, with a 50,000 miles bonus offer and 2x miles earned on every purchase after that. 

There is an annual fee of $95, but this is waived for the first year and the travel rewards, which offer savings and more on flights and hotel stays, more than make up for it. 

Cardmembers are offered a $100 application fee credit for TSA Pre or GlobalEntry, and can transfer their miles to a number of different travel reward programs.

  • Credit Card Issuer: Visa
  • Annual Fee: $95 (waived for first year)
  • Variable APR: 13.49% to 23.49% (depends on credit score)
  • Account Opening Offer: Get 20,000 miles when you spend $1,000 in three months
  • Foreign Transaction Fees: No
  • Balance Transfer Fee: No
  • Introductory APR: 0% intro APR on purchases for first 12 months
  • Rewards Program: Travel rewards program

Capital One Quicksilver

All new Capital One Quicksilver account holders can earn $150 when they spend more than $500 during the first three months. 

There is a 1.5% cash back rate throughout the year and no bonus categories or maximums to worry about. What’s more, the rewards remain for the life of the account, with no limits on how many you can earn and no annual fee to worry about.

  • Credit Card Issuer: Visa
  • Annual Fee: None
  • Regular APR: 15.49% to 25.49% variable APR (depends on credit score)
  • Intro APR: 0% on purchases and balance transfers for 15 months
  • Balance Transfer Fee: 3% on all balance transfers
  • Foreign Transaction Fees: $0
  • Rewards Program: 1.5% unlimited cash back for every purchase
  • Sign-up Bonus: $150 when you spend $500 in first 3 months

American Express Blue Cash Everyday Rewards

The AmEx Everyday credit card returns a rewards rate of between 1% and 3%, with the latter fixed to a spend of $6,000 a year in specific locations. There is no annual fee and rewards points can be redeemed as statement credit, with an initial bonus of $150 offered during the first three months.

  • Credit Card Issuer: American Express
  • Annual Fee: None
  • Regular APR: 14.49% to 25.49% variable APR (depends on credit score)
  • Intro APR: 0% for first 15 months
  • Balance Transfer Fee: No
  • Foreign Transaction Fees: 2.7%
  • Rewards Program: Earn between 1% and 3% when you use your AmEx card.
  • Sign-up Bonus $150 when you spend $1,000 within 90 days of account opening

American Express Blue Cash Preferred Rewards

The AmEx Blue Cash Preferred is an upgraded version of the Everyday card outlined above, with similar features but a few key differences. This card charges an annual fee of $95 and is better suited for big families that spend a lot of money on groceries, travel, dining, and other common expenses. 

The rewards range from 1% (unlimited) to 3% and 6% (both fixed) and cover bonus categories such as restaurants and gas stations.

  • Credit Card Issuer: American Express
  • Annual Fee: $95
  • Regular APR: 14.49% to 25.49% variable APR (depends on credit score)
  • Intro APR: 0% for 12 months
  • Balance Transfer Fee: No
  • Foreign Transaction Fees: 2.7%
  • Rewards Program: Earn between 1% and 6% when you use your AmEx card.
  • Sign-up Bonus: $250 in statement credit when you spend $1,000 in first three months

Chase Sapphire Preferred

The Chase Sapphire Preferred is a premium cash rewards credit card offering 5x points on Lyft rides (until 2022), 2x on dining and travel, and 1x points on everything else. There are also 60,000 points on offer when you spend $4,000 in the first three months.

However, this bonus will be unattainable for many users, as the average monthly spend is just $800, and nearly double this amount is needed to unlock the bonus and make this a truly worthwhile credit card.

There is also a DashPass subscription available, offering free deliveries from DoorDash when you spend more than $12.

  • Credit Card Issuer: Visa
  • Annual Fee: $95
  • Regular APR: 17.49% to 24.49% variable APR (depends on credit score)
  • Account Opening Bonus: Earn 60,000 points after spending at least $4,000 in first 3 months
  • Balance Transfer Fee: 5%
  • Foreign Transaction Fees 2.7%
  • Introductory APR: N/A
  • Rewards Program: 1x to 5x points for travel purchases

Wells Fargo Platinum Card

The Wells Fargo Platinum card doesn’t have a rewards program or welcome offer, but it does offer a 0% APR period of 18 months, with easy access to your FICO credit score using Wells Fargo Online.

This card also provides users with $600 worth of cellphone protection and a bunch of tools that can be used to manage money and monitor spending.

  • Credit Card Issuer: Visa
  • Annual Fee: None
  • Regular APR: 16.99% to 26.49% variable APR (depends on credit score)
  • Account Opening Bonus: Not Available
  • Intro APR: 0% APR on purchases/transfers for 18 months
  • Balance Transfer Fee: 5%
  • Foreign Transaction Fee: 3%
  • Rewards Program: Not Available

Wells Fargo Cash Wise Visa

If the Wells Fargo Platinum card doesn’t tempt you, maybe the Cash Wise Visa will. You will need to swap the 18 months 0% APR for just 15 months, and you may also pay more in interest, but in return, you’ll get $150 when you meet the spending requirement after three months, as well as cash back on all purchases after that.

  • Credit Card Issuer: Visa
  • Annual Fee: None
  • Regular APR: 15.49% to 27.49% variable APR (depends on credit score)
  • Account Opening Offer: $150 when you spend $500 in first 3 months
  • Foreign Transaction Fees: 3%
  • Balance Transfer Fee: 3%
  • Introductory APR: 0% on purchases and balance transfers for 15 months
  • Rewards Program: Get as much as 5% cash back on eligible purchases

More Credit Cards for Good Credit

The aforementioned list is just the tip of the iceberg. There are many more great cards out there, offering benefits such as discount airfare, free credit score checks, endless cash rewards, and more. Here are a few more of our featured cards:

  • Citi Simplicity Mastercard
  • Citi Double Cash Card
  • Bank of American Cash Rewards
  • USAA Preferred Cash Rewards
  • American Airlines AAdvantage
  • Indigo Mastercard
  • Capital One SavorOne

The Best Premium Credit Cards for Good Credit

Some loyalty programs and cash back rewards go above and beyond, giving you more money, more points, and better rewards every time you spend. These cards are aimed at big spending individuals and families and you need to spend at least $3,000 a month to make them viable, with some of them requiring a spend of at least $5,000.

You can likely still apply if you don’t spend that much money, but the high annual fees and bonus limits mean you simply won’t get your money’s worth.

Chase Sapphire Reserve

The Chase Sapphire Reserve is a generous travel rewards credit card with a high annual fee and a great bonus offer. Cardholders can get access to VIP lounges, DashPass and LyftPink subscriptions, travel credit, and much more. Apply now to reap these benefits from yourself and own what many consider to be the best premium travel credit card.

  • Credit Card Issuer: Visa
  • Annual Fee: $550
  • Regular APR: 18.49% to 25.49% variable APR (depends on credit score)
  • Account Opening Bonus: Earn 50,000 points after spending at least $4,000 in first 3 months
  • Balance Transfer Fee: 5%
  • Foreign Transaction Fees: $0
  • Introductory APR: N/A
  • Rewards Program: Earn as much as 3x points for all travel purchases

American Express Gold Card

The American Express Gold Card is a generous travel rewards card that offers 50,000 bonus points as a welcome offer and up to 4x membership points thereafter. What’s more, there are no foreign transaction fees, which means you can use your card abroad without incurring additional fees.

  • Credit Card Issuer: American Express
  • Annual Fee: $250
  • Regular APR: 17.49% to 24.49% (depends on credit score)
  • Account Opening Bonus: 50,000 points when you spend $4,000 in first 3 months
  • Balance Transfer Fee: 5%
  • Foreign Transaction Fees: $0
  • Introductory APR: N/A
  • Rewards Program: Get up to 4x membership points when you use your credit card

American Express Platinum Card

The American Express Platinum credit card is a truly unique card, one that offers as much as 5x rewards on qualifying travel purchases, as well as a massive welcome bonus of 60,000 points. It has a high annual fee but is a great option for big-spending travelers. 

You really get what you pay for here and if your creditworthiness and income are high enough, it’s worth looking into.

  • Credit Card Issuer: American Express
  • Annual Fee: $550
  • Regular APR: 17.49% to 24.49%  (depends on credit score)
  • Account Opening Bonus: 50,000 points when you spend $4,000 in first 3 months
  • Balance Transfer Fee: 5%
  • Foreign Transaction Fees: $0
  • Introductory APR: N/A
  • Rewards Program: Get up to 5x points when you use your card

Types of Credit Cards for Good Credit

An applicant with good credit can apply for pretty much all types of credit card, except for a few premium cards offered to those with pristine credit scores and huge incomes. 

Store Credit Cards

Store or retail credit cards are offered by chain stores and work like loyalty cards, giving you points every time you spend money in the store and allowing you to convert these points into discounts at the checkout. 

Some retail cards offer additional benefits as well, including access to better rewards, discounts, and bonuses, as well as limited financing. However, these rewards are often offset by very high interest rates and fees.

Cash Back Rewards Credit Cards

Cash back credit cards earn rewards based on a fixed cash sum and these rewards can be converted into gift cards, statement credits, and more. 

A statement credit is often the best way to use these credits as that will offset some of those high credit card bills and encourage responsible use. However, if you use a credit card connected to a checking account, you can also transfer money directly to that account.

Travel Rewards Credit Cards

Travel credit cards offer points and airmiles in exchange for regular purchases and these can be used to book flights and accommodation, while also paying for car rentals, baggage checks, flight upgrades, and more. 

Airline Credit Cards

While a general travel credit card can be used to fly with numerous airlines and book with many hospitality sites and brands, airline credit cards are tied to specific airlines, from United and Southwest to British Airways. This is much more limiting, as it means you need to fly with that provider and hope that they fly to where you want to go and offer the most competitive price.

No-Interest Credit Cards

Unfortunately, no-interest credit cards don’t exist, at least not for the long term. However, many cards offer a 0% introductory APR that typically lasts for up to 15 months on purchases and 18 months on balance transfers (although the actual range can be anywhere from 3 to 21 months).

With these cards, you won’t pay any interest during your first few months. But as beneficial as that might sound, it’s actually a benefit that favors the creditor. Many consumers will abuse this period by making large purchases that they would otherwise not make. This encourages reckless spending and can lead to sizeable problems down the line.

The average credit card user sees this interest free period as a ticket to free-spending, leaving the balance as something they can deal with in the future. But when that period comes, their finances haven’t magically improved and they now have a massive balance that they can’t clear, thus leading to a balance rollover that accumulates interest.

Balance Transfer Credit Card

A balance transfer credit card allows you to move balances around. These cards charge you a fee of between 3% and 5% of the balance, but in exchange, they offer you a 0% APR on transferred balances for a fixed period of time.

If you continue making your monthly payment, all of that will go towards the principal and none of it will go to the interest. This reduces your balance rapidly, with the goal being to clear this balance in full by the time the intro period ends.

No Annual Fee Credit Card

Many of the cards outlined above do not charge annual fees, and they are not the exception. Many cards aimed at good credit borrowers don’t charge annual fees, and if they do, the rewards or perks typically offset those fees.

Generally, annual fees are more common with bad credit and excellent credit cards. With the former, the annual fee is used to offset some of the increased risk associated with these borrowers, while the latter allows for some incredible, premium perks.

Which Card is Right for you?

As discussed above, credit cards come in all shapes and sizes, and the one that’s right for you will depend on everything from your income and credit score to your debt-to-income ratio. If you have good credit then your options are varied, but there are still a few things to consider:

  • You Have Lots of Credit Card Debt: When your debt begins to exceed your disposable income, it’s time to consider a balance transfer credit card. These cards allow you to move your balances to a new, purpose-built credit card that offers a 0% APR for the first 6 to 21 months.
  • You Spend Over $5,000 a Month: Once you start spending more than $50,000 a year, you should consider a premium credit card. We have listed a few of these above. You’ll get a better rewards rate on everyday purchases, as well as perks like VIP airport lounge access, travel credits, and more.
  • You Travel a Lot: People who travel once every couple of years will benefit more from a traditional rewards card than a travel card. But if you fly at least a couple of times a year, those travel discounts and perks will begin to outweigh traditional cash back rewards.
  • You Spend Your Money at a Particular Store: If you spend all or most of your money at a single store, such as Amazon or Costco, you may be better off with a store card. In fact, both Amazon and Costco have very good branded cards, as does Disney, Best Buy, and a few others. If you spend your money at lots of different locations, a rewards card or cash back card will likely suit you more.

What to Look for in a Credit Card When You Have Good Credit

No two credit card offers are the same, and these offers can also differ greatly from one applicant to the next. Calculate and compare all the following to find the right credit card for you.

Interest Rate

You need an excellent credit score to get the lower interest rates quoted by credit card issuers. However, you can still get a low interest rate and if you shop around and compare, you can bring those rates below 20%. Every percentage point counts if there is any chance that you will not clear your balance, so pay close attention to these rates.

Annual Fee

An annual fee is a one-time fee paid to keep your credit card active. This fee can range from $35 to $95, but the more premium reward cards and travel cards charge as much as $550.

Other Fees

Late fees, cash advance fees, penalty APRs, and foreign transaction fees—all these fees can significantly increase your balance at the end of the month and need to be taken into consideration. 

If you travel a lot, look into foreign transaction fees; some issuers charge between 2.7% and 3%, but many charge nothing. If you’re going to use your card to gamble to withdraw cash, look for cards with little or no cash advance fees.

Rewards

Does the card have a reward program in place and if it does, how can these rewards benefit you? Rotating categories, bonus categories, and unlimited fixed-rate rewards all need to be considered and calculated against your usual monthly expenditure to determine if these will actually earn you a profit.

Redemptions

In addition to bonus categories, points, and cash back, you also need to think about redemptions and other terms. Are there any blackout dates, do the points expire? Can you get a cash bonus or use them for statement credit, gift cards, and checkout discounts?

Welcome Bonuses

A sign-up bonus is offered at the point of account opening or within the first few months. It can also be offered as a bonus at the end of the first year, as is the case with the Discover It double points bonus.

Intro Offers

Introductory rates can give you 0% APR on all new purchases and transfers, helping to ease you into the account and potentially saving you a lot of money over the first few months or years.

Bottom Line: Credit Cards with Good Credit

Millions of credit card users go straight to their current bank when they need a credit card. But just because you’ve banked with Chase or Bank of America for years, doesn’t mean your only options are the cards they provide. You have a world of choice waiting for you out there, and when you have good credit, you can apply for most of these.

Compare, contrast, and only apply when you’re confident you have found the perfect credit card for you.