When you are searching for a new credit card, you want to find the best one available. If you have excellent credit, you can normally get better rates and terms on a card. Cards for people with excellent credit offer numerous benefits, including rewards on travel, cash back, or certain discounts. If you have excellent credit and wish to apply for a new card, here are 5 of the best cards available to people with quality credit.
1. Capital One Venture Rewards Credit Card
If you travel, this is an excellent choice for you. When you sign up with this card, you will receive 40,000 miles after you spend 3,000 within the first 3 months. You will pay nothing for the first year and then $59 annually. You can travel with no blackout dates. The APR for this card is between 13.24%-23.24%. You will need a credit score of above 700 to apply for this card.
2. Chase Sapphire Preferred Card
This is a great card for travel rewards. After opening an account, you will receive 50,000 after you spend 4,000 within the first few months. You will earn 5,000 after you add an authorized user and make a purchase within the first 3 months. The APR will be between 16.24%-23.24%. The card is free for the first year and then $95 after that. There are no blackout dates. Your credit score needs to be at least 668, but the average credit score approved is 736.
3. Citi Double Cash Card
This a very good cash back card as you will earn cash back twice on each purchase. The APR will be 13.24%-23.24%, and there is no annual fee. The recommended credit score is at least 690. You can receive a 0% balance transfer for 18 months. You can earn unlimited awards, and you can redeem for a statement credit, gift card, or check. On your first late payment, the fee is waived.
4. Blue Cash Preferred Card from American Express
This is a great card for cash back. The annual fee is $95, and the APR is between 13.24%-23.24%. In the first six months, you can earn 10% cash back on Amazon.com, and you will earn $150 back after you spend $1,000 within the first 3 months. You can earn 6% cash back at grocery stores and 3% cash back at gas stations and certain department stores. You will need a credit score of above 700.
5. BankAmericard Cash Rewards Credit Card
With this card, you can earn 1% cash back on every purchase. 2% can be earned at grocery stores, and 3% on gas for the first $2,500 in combined grocery, gas, and wholesale club purchases. There is no annual fee, and the card offers an introductory 0% APR for a year. After making at $500 in purchases for the first 3 months, you will receive an online bonus of $100. You need a credit score of at least 680.