By: Skyler Johnson
Having a good credit card is important, for a variety of reasons. There are so many doors that remain closed if you don’t have one. You can’t build credit, buy a house, or even a car. However, it’s hard to know which to choose from. There are many different options, some better than others. 360 has simplified the process and made a list of the ten best credit cards to have in 2022.
Chase Freedom Unlimited
Chase Freedom unlimited is an interested card, and pairs perfectly with Chase Sapphire.
PROS:
- 1.5% cash back on all purchases, including small purchases like groceries and electronics on first $20,000 spent
- 6.5% cash back on travel
- 4.5% cash back on drug stores and dining.
- No minimum to receive cash back.
CONS:
- Foreign transaction fees
Credit Needed: Good to Excellent
Find more information HERE.
Capital One Venture
This card is designed for travelers, as several of the benefits are specifically catered to those who vacation a lot. Benefits are measured in “miles,” which can be redeemed for money to pay for travel costs.
PROS:
- $600 for travel expenses after your first $3,000 spent.
- 2x miles for everyday purchases
- 5x miles for travel expenses.
CONS:
- Annual Fee
- No Intro 0% APR
- High APR (15.99-23.99%)
Credit Needed: Good to Excellent
Find more information HERE.
Wells Fargo Active Cash
This card is known to be one of the best flat-rate cash rewards cards out there, meaning the cashback percentage doesn’t change because of money spent.
PROS:
- $200 cash reward bonus after first $1,000 spent.
- 2% unlimited cash rewards.
- $600 dollar protection on your cell phone.
- Benefits can be attained for prestigious hotels (The Pierre, The Peninsula Beverly Hills)
CONS:
- 3% Foreign Transaction Fee
- No Bonus Categories
- High APR
Credit Needed: Good to Excellent
Find more information HERE.
Chase Sapphire Preferred
This card is primarily reliant on a points system. Points have to be transferred into cash during specific periods. It is mainly known for its excellent rewards, particularly for travel.
- 60,000 points after first $4,000 spent ($750 dollars)
- $50 rewards annually on hotels
- 25% more value for airfare, hotels, car rentals, and cruises
- Dashpass from Doordash ($0 delivery fees)
CONS:
- Annual Fee
- High APR
- 1 Point per dollar base rate
Credit Needed: Good to Excellent
Find more information HERE.
Discover It Cash Back
This card is also known for the high cash back rate, with 5% on certain purchases, making it perfect for gas and restaurant purchases.
PROS:
- 5% unlimited cash back on everyday purchases (Amazon, restaurants, gas) each quarter.
- Rewards can be used at Amazon checkout.
CONS:
- High Annual fee
- Bonus Categories only activated quarterly
- Cashback rate is limited to $1,500 per quarter
Credit Needed: Good to Excellent
Find more information HERE.
Citi Double Cash
This card is primarily known for its impressive cash back offering, 2% back on all purchases.
PROS:
- 2% cash back for all purchases
- 18 months of no APR, 13.99% to 23.99% thereafter.
CONS:
- No One-Time Offer
- Serious consequences if late on payment
Credit needed: Good to Excellent
Find more information HERE.
Blue Cash Preferred Card from American Express
This is a great card for heavy streamers and long commuters. However, it’s the best for grocery shopping with 6% cash back.
PROS:
- 6% cash back on select US streaming services and grocery stores
- 3% on gas stations and transit.
- 1% from all other purchases.
CONS:
- Welcome bonus requires $3,000 dollars spent
- High annual fee
Credit Needed: Good to Excellent
Find more information HERE.
American Express Platinum
This is another card designed for the traveler because of American Express Travel, which comes included.
PROS:
- High reward potential on flights and hotels
- Comprehensive airport access
- Luxury travel benefits with Hilton, Marriot, etc.
CONS:
- $695 Dollar annual fee
- No Introductory APR
Credit Needed: Good to Excellent
Find more information HERE.
Blue Card Preferred
PROS:
- 6% cashback at U.S. Supermarkets and on selected U.S. Streaming Subscription.
- 3% flashback at U.S. gas stations
- Welcome offer (Earn $350 back)
- Low intro APR (0% Intro APR for the first 12 months)
- Flexible payment
- $25 per month towards Equinox Gym
Cons:
- $95 Annual fee
- 15.49%- 25.49% APR (after Intro APR)
Blue Card Everyday
PROS:
- Welcome Offer (Earn $200 back)
- 0% intro APR (For first 15 months)
- 3% cash back on first $6000
- 2% cash back at U.S. gas stations
- 1% cash back on other purchases
- No annual fee
CONS:
- Low cash back rate
- Up to 29.99% APR
Upgrade Visa Card with Cash Rewards
The Upgrade Visa Card is one of the best options for people with only fair credit, as you don’t need the highest credit score to attain.
PROS:
- 1.5% cash back on purchases
- $200 reward after opening a checking account and making 3 purchases.
- Lowest APR is 8.99%
- Fixed rate
CONS:
- No welcome bonus
- Highest APR is 29.99%
- Less flexible payments
Credit Needed: Fair to Excellent
Find more information HERE.
Apple Card
This card is pretty good if you primarily visit vendors with Apple Pay, as it has pretty good cash back for those purchases.
PROS:
- 3% Cash back on select purchases with Apple Pay
- 2% Cash Back on other Apple Pay purchases
- Low APR
- No late fees
CONS:
- Low cash back with physical card
- Low signup bonus
- Low Cash back rate
Credit Needed: Good to Excellent, though may accept lower scores
Find more information HERE.
Amazon Card
Like the Apple Card, the Amazon card is perfect for those making purchases from the card’s titular brand.
PROS:
- 3% cash back on Amazon purchases
- 2% cash back on gas stations, restaurants, drug stores
- No annual fee
CONS:
- Doesn’t offer 0% financing
- Prime Membership not included
Credit Needed: Good to Excellent
Find more information HERE.
Citibank Diamond Preferred
This card is perfect for those who want to avoid interest on balance transfers, at least for the first 21 months.
PROS:
- 0% APR for 12 months
- 0% intro APR for balance transfers for 21 months
- No annual fee
CONS:
- No ongoing rewards
- High regular APR
- Foreign transaction fee
Credit Needed: Good to Excellent
Fine more information HERE.
