The best credit cards for you

What is the best credit card for you? We can help you decide.

Have bad credit? Consider a card designed to help you rebuild your credit history and improve your score.
New to credit cards? See offers from our partners for people with no credit.
Looking for the best credit cards? Whether you want cash back, rewards, miles, low interest or no annual fee, we will start collecting on this page the top credit card offers from our partners that can helps you achieve your financial goals and earn some rewards in the process.
Advertiser DisclosureThe offers that appear on this site are from companies from which Bonsaifinance receives compensation. While our site does not include all available financial or credit offers, we’re proud that the guidance we offer and the information we provide are objective, independent and free. Reasonable efforts are made to maintain accurate information. However, all credit card information is presented without warranty. When you click on the " Request Now " button you can review the credit card terms and conditions on the credit card issuer's web site.

Featured

  • OpenSky® Secured Visa® Credit Card

    Open Sky secured credit card-
    Issuer Capital Bank N.A.
    • Build Your Credit fast with our monthly reporting to all 3 major credit bureaus.
    • Choose your credit line as low as $200 up to $3000, secured by a fully-refundable* security deposit.
    • Security deposit needs to be submitted before the credit card can be issued.
    • No credit check necessary and no checking account required; apply in less than 5 minutes.
    *View terms on application page. Show more
    Issuer Capital Bank N.A.
    Regular APRAnnual FeeCredit LineCredit Recommended
    18.89% (variable)$35$200 - $3000 at time of applicationPoor
    Regular APR18.89% (variable)
    Annual Fee$35
    Credit Line$200 - $3000 at time of application
    Credit RecommendedPoor

What is the best credit card?

  • Bank of America Cash Rewards

    Issuer Bank of America
    • No annual fee
    • $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
    • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter
    • No changing categories and no expiration on rewards
    • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
    • If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%
    *Terms Apply. Show more
    Issuer Bank of America
    Regular APRAnnual FeeCredit RecommendedOur take
    VariesNo annual feeExcellent, GoodSolid cash-back card for Bank of America customers
    Regular APRVaries
    Annual FeeNo annual fee
    Credit RecommendedExcellent, Good
    Our takeSolid cash-back card for Bank of America customers
  • Bank of America Travel Rewards

    Issuer Bank of America
    • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $200 statement credit toward travel purchases
    • Use your card to book your trip how and where you want – you're not limited to specific websites with blackout dates or restrictions
    • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
    • Comes with chip technology for enhanced security and protection at chip-enabled terminals
    • Get an additional 10% customer points bonus on every purchase when you have an active Bank of America® checking or savings account
    • If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%
    *Terms Apply. Show more
    Issuer Bank of America
    Regular APRAnnual FeeCredit RecommendedOur take
    VariesNo annual feeExcellent, GoodGood travel rewards card for flexible rewards
    Regular APRVaries
    Annual FeeNo annual fee
    Credit RecommendedExcellent, Good
    Our takeGood travel rewards card for flexible rewards
  • Blue Cash Preferred

    Issuer American Express
    • $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
    • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
    • 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
    • Low intro APR: 0% for 12 months on purchases and balance transfers, then a variable rate, currently 14.49% to 25.49%.
    • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
    • $95 annual fee.
    • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
    *Terms Apply. Show more
    Issuer American Express
    Regular APRAnnual FeeCredit RecommendedOur take
    14.49%-25.49% Variable$95,00Excellent, GoodGood for extra cash back from grocery and gas spending
    Regular APR14.49%-25.49% Variable
    Annual Fee$95,00
    Credit RecommendedExcellent, Good
    Our takeGood for extra cash back from grocery and gas spending
  • Capital One Platinum

    Issuer Capital One
    • Pay no annual fee
    • Get access to a higher credit line after making your first 5 monthly payments on time
    • Fraud coverage if your card is lost or stolen
    • Use online banking to access your account, even from your smartphone, with our mobile app
    • Pay by check, online or at a local branch, all with no fee - and pick the monthly due date that works best for you
    • Get access to your account 24 hours a day, 7 days a week
    • Help strengthen your credit for the future with responsible card use
    *Terms Apply. Show more
    Issuer Capital One
    Regular APRAnnual FeeCredit RecommendedOur take
    24.99% (Variable)No annual feeFair, BadGood card to rebuild your credit score
    Regular APR24.99% (Variable)
    Annual FeeNo annual fee
    Credit RecommendedFair, Bad
    Our takeGood card to rebuild your credit score
  • Capital One Quicksilver

    Issuer Capital One
    • One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
    • Earn unlimited 1.5% cash back on every purchase, every day
    • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
    • 0% intro APR on purchases for 9 months; 14.49%-24.49% variable APR after that
    • Balance transfers also have a 0% intro APR for 9 months; 14.49%-24.49% variable APR after that; a 3% fee applies to each balance transferred
    • Pay no annual fee or foreign transaction fees
    *Terms Apply. Show more
    Issuer Capital One
    Regular APRAnnual FeeCredit RecommendedOur take
    14.49% - 24.49% (Variable)No annual feeExcellent, GoodSolid cash-back card with consistent rewards
    Regular APR14.49% - 24.49% (Variable)
    Annual FeeNo annual fee
    Credit RecommendedExcellent, Good
    Our takeSolid cash-back card with consistent rewards
  • Capital One Secured

    Issuer Capital One
    • No annual fee, and all the credit building benefits with responsible card use
    • Unlike a prepaid card, it builds credit when used responsibly, with regular reporting to the 3 major credit bureaus
    • You will get an initial $200 credit line after making a security deposit of $49, $99, or $200, determined based on your creditworthiness
    • Get access to a higher credit line after making your first 5 monthly payments on time with no additional deposit needed
    • Easily manage your account 24/7 with online access, by phone or using our mobile app
    • It's a credit card accepted at millions of locations worldwide
    *Terms Apply. Show more
    Issuer Capital One
    Regular APRAnnual FeeCredit RecommendedOur take
    24.99% (Variable)No annual feeBadGood card to start building your credit score
    Regular APR24.99% (Variable)
    Annual FeeNo annual fee
    Credit RecommendedBad
    Our takeGood card to start building your credit score
  • Capital One Spark Cash Select

    Issuer Capital One
    • Earning unlimited 1.5% cash back could mean thousands of dollars each year going back into your business
    • Plus, a one-time $200 cash bonus once you spend $3,000 on purchases within 3 months from account opening
    • Save on interest with 0% intro APR on purchases for 9 months; 14.49% - 22.49% variable APR after that
    • No annual fee
    • Use Spark Cash Select across all your business spend, with no categories to limit your purchasing
    • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
    • Get employee cards at no additional cost, and earn rewards from their business spend
    *Terms Apply. Show more
    Issuer Capital One
    Regular APRAnnual FeeCredit RecommendedOur take
    14.49% - 22.49% (Variable)No annual feeExcellentSolid casch-back card for small businesses
    Regular APR14.49% - 22.49% (Variable)
    Annual FeeNo annual fee
    Credit RecommendedExcellent
    Our takeSolid casch-back card for small businesses
  • Capital One Venture

    Issuer Capital One
    • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
    • Earn unlimited 2X miles per dollar on every purchase, every day
    • New! Earn 10 miles per dollar on hotels when you pay with your Venture card at hotels.com/venture; learn more at hotels.com/venture
    • Fly any airline, stay at any hotel, anytime
    • Travel when you want with no blackout dates
    • Miles won't expire for the life of the account and there's no limit to how many you can earn
    • No foreign transaction fees
    • $0 intro annual fee for the first year; $95 after that
    *Terms Apply. Show more
    Issuer Capital One
    Regular APRAnnual FeeCredit RecommendedOur take
    14.49% - 24.49% (Variable)$95,00Excellent, GoodOne of the best travel rewards cards in the market
    Regular APR14.49% - 24.49% (Variable)
    Annual Fee$95,00
    Credit RecommendedExcellent, Good
    Our takeOne of the best travel rewards cards in the market
  • Chase Ink Business Preferred

    Issuer Chase
    • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
    • Earn 3 points per $1 on the first $150,000 spent in select categories each account anniversary year
    • Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
    • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
    • Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
    • No foreign transaction fees
    • Employee cards at no additional cost
    • $95 Annual Fee
    *Terms Apply. Show more
    Issuer Chase
    Regular APRAnnual FeeCredit RecommendedOur take
    17.24% - 24.24% Variable$95,00ExcellentPremium business card with excellent bonus
    Regular APR17.24% - 24.24% Variable
    Annual Fee$95,00
    Credit RecommendedExcellent
    Our takePremium business card with excellent bonus
  • Chase Sapphire Preferred

    Issuer Chase
    • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
    • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
    • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
    • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
    • No foreign transaction fees
    • 1:1 point transfer to leading airline and hotel loyalty programs
    • Get 25% more value when you redeem for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel.
    • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
    *Terms Apply. Show more
    Issuer Chase
    Regular APRAnnual FeeCredit RecommendedOur take
    17.24% - 24.24% Variable$95,00Excellent, GoodExcellent travel rewards card with nice bonus
    Regular APR17.24% - 24.24% Variable
    Annual Fee$95,00
    Credit RecommendedExcellent, Good
    Our takeExcellent travel rewards card with nice bonus
  • Chase United MileagePlus Explorer

    Issuer Chase
    • 40,000 bonus miles after you spend $2,000 on purchases in the first 3 months your account is open
    • $0 introductory annual fee for the first year, then $95.
    • Check your first bag for free (a savings of up to $100 per roundtrip) when you use your Card to purchase your ticket
    • Enjoy priority boarding privileges and visit the United Club℠ with 2 one-time passes each year for your anniversary
    • No foreign transaction fees
    • Earn 2 miles per $1 spent on tickets purchased from United, and 1 mile per $1 spent on all other purchases
    • Your miles don't expire as long as your credit card account is open, with no limit to the number of miles you can earn
    *Terms Apply. Show more
    Issuer Chase
    Regular APRAnnual FeeCredit RecommendedOur take
    17.24% - 24.24% Variable$95,00ExcellentPremium card for United loyalists
    Regular APR17.24% - 24.24% Variable
    Annual Fee$95,00
    Credit RecommendedExcellent
    Our takePremium card for United loyalists
  • Citi Double Cash

    Issuer Citi
    • Earn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
    • Balance Transfers do not earn cash back
    • 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 14.99% - 24.99% based on your creditworthiness*
    • Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases.
    • No categories to track, no caps on cash back, no annual fee*
    *Terms Apply. Show more
    Issuer Citi
    Regular APRAnnual FeeCredit RecommendedOur take
    14.99% - 24.99%* (Variable) No annual fee Excellent, GoodSolid cash-back card with consistent rewards
    Regular APR14.99% - 24.99%* (Variable)
    Annual Fee No annual fee
    Credit RecommendedExcellent, Good
    Our takeSolid cash-back card with consistent rewards
  • Citi Secured

    Issuer Citi
    • No Annual Fee, and unlike a prepaid card, it helps build credit history with monthly notifications to the credit bureaus
    • A security deposit is required for this product (minimum $200)
    • Pay your bill on time every month to avoid damaging your credit. Citi can help keep you on track with Auto Pay, online Bill Pay and alerts.
    • Use the card anywhere Mastercard® is accepted — worldwide
    *Terms Apply. Show more
    Issuer Citi
    Regular APRAnnual FeeCredit RecommendedOur take
    23.99%* (Variable) No annual fee BadGood card to build your credit score
    Regular APR23.99%* (Variable)
    Annual Fee No annual fee
    Credit RecommendedBad
    Our takeGood card to build your credit score
  • Citi ThankYou Preferred Card

    Issuer Citi
    • Enjoy 0% Intro APR on purchases for 15 months from date of account opening and 0% Intro APR on balance transfers for 15 months from date of first transfer*
    • After that, the variable APR will be 14.99% - 24.99% based upon your creditworthiness*
    • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater*
    • Earn 2X Points on Dining Out & Entertainment
    • Earn 1X Points on All Other Purchases
    • Points are redeemable for gift cards to popular retailers, restaurants, and department and home stores. 2,500 ThankYou® Points can be redeemed for a $25 gift card at thankyou.com
    • No expiration and no limit to the amount of points you can earn with this card
    • No annual fee*
    *Terms Apply. Show more
    Issuer Citi
    Regular APRAnnual FeeCredit RecommendedOur take
    14.99% - 24.99%* (Variable) No annual fee ExcellentGood card to earn points on entertainment and dining out
    Regular APR14.99% - 24.99%* (Variable)
    Annual Fee No annual fee
    Credit RecommendedExcellent
    Our takeGood card to earn points on entertainment and dining out
  • Discover It

    Issuer Discover
    • Intro Offer: Discover will match all the cash back earned at the end of your first year, automatically.
    • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
    • Plus, 1% unlimited cash back automatically on all other purchases.
    • Redeem your cash back for any amount, any time. Cash rewards never expire.
    • 100% U.S. based customer service.
    • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
    • Receive Free Social Security number alerts— Discover will monitor thousands of risky websites when you sign up.
    • No annual fee.
    *Terms Apply. Show more
    Issuer Discover
    Regular APRAnnual FeeCredit RecommendedOur take
    13.24% - 24.24% Variable No annual fee Excellent, GoodSolid card to optimise cash-back each month
    Regular APR13.24% - 24.24% Variable
    Annual Fee No annual fee
    Credit RecommendedExcellent, Good
    Our takeSolid card to optimise cash-back each month
  • Discover It Cashback Match

    Issuer Discover
    • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
    • Earn 1% unlimited cash back automatically on all other purchases.
    • Intro Offer: Discover will match all the cash back earned at the end of your first year, automatically.
    • Redeem your cash back for any amount, any time. Cash rewards never expire.
    • Use your rewards instantly at Amazon.com checkout.
    • No annual fee.
    *Terms Apply. Show more
    Issuer Discover
    Regular APRAnnual FeeCredit RecommendedOur take
    13.24% - 24.24% Variable No annual fee Excellent, GoodGreat card for those who want the most cash-back
    Regular APR13.24% - 24.24% Variable
    Annual Fee No annual fee
    Credit RecommendedExcellent, Good
    Our takeGreat card for those who want the most cash-back
  • Discover It Chrome

    Issuer Discover
    • Intro Offer: Discover will match all the cash back earned at the end of your first year, automatically.
    • 2% cash back at restaurants and gas stations on up to $1,000 in combined purchases every quarter - no sign-ups needed. Plus, 1% unlimited cash back automatically on all other purchases.
    • Redeem your cash back for any amount, any time. Cash rewards never expire.
    • 100% U.S. based customer service.
    • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
    • Receive Free Social Security number alerts— Discover will monitor thousands of risky websites when you sign up.
    *Terms Apply. Show more
    Issuer Discover
    Regular APRAnnual FeeCredit RecommendedOur take
    13.24% - 24.24% Variable No annual fee Excellent, GoodGood for extra cash back from dining and gas spending
    Regular APR13.24% - 24.24% Variable
    Annual Fee No annual fee
    Credit RecommendedExcellent, Good
    Our takeGood for extra cash back from dining and gas spending
  • Discover It Miles

    Issuer Discover
    • We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
    • Unlimited 1.5x Miles per dollar on all purchases, every day, with no annual fee.
    • No Blackout Dates - fly any airline, stay at any hotel.
    • Redeem your Miles as a statement credit towards travel purchases.
    • Freeze your account in seconds with an on/off switch either on the mobile app or website to prevent new purchases, cash advances, and balance transfers.
    • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
    • Receive Free Social Security number alerts— Discover will monitor thousands of risky websites when you sign up.
    • No Annual Fee.
    *Terms Apply. Show more
    Issuer Discover
    Regular APRAnnual FeeCredit RecommendedOur take
    13.24% - 24.24% Variable No annual fee Excellent, GoodGreat card for those who want the most miles
    Regular APR13.24% - 24.24% Variable
    Annual Fee No annual fee
    Credit RecommendedExcellent, Good
    Our takeGreat card for those who want the most miles
  • Discover It Secured

    Issuer Discover
    • No Annual Fee, cash back on every purchase, and helps you build your credit with responsible use.
    • Your Secured Credit Card requires a refundable security deposit up to the amount we can approve of at least $200 which will establish your credit line.
    • You will need to provide your bank information when submitting your security deposit.
    • We will automatically begin reviewing your account starting at 8 months to see if we can transition you to an unsecured line of credit.
    • Earn 2% cash back at restaurants & gas stations on up to $1,000 in combined purchases each quarter. Plus, 1% cash back on all your other purchases.
    • Get a dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically.
    • Receive Free Social Security number alerts— Discover will monitor thousands of risky websites when you sign up.
    *Terms Apply. Show more
    Issuer Discover
    Regular APRAnnual FeeCredit RecommendedOur take
    24.24% Variable No annual fee BadGood card to rebuild your credit score
    Regular APR24.24% Variable
    Annual Fee No annual fee
    Credit RecommendedBad
    Our takeGood card to rebuild your credit score
  • First Progress Platinum Select MasterCard® Secured Credit Card

    First Progress Platinum Select MasterCard® Secured Credit Card
    Issuer Synovus Bank
    • Receive Your Card More Quickly with New Expedited Processing Option.
    • No Credit History or Minimum Credit Score Required for Approval.
    • Quick and Complete Online Application.
    • Full-Feature Platinum MasterCard(R) Secured Credit Card.
    • Good for Car Rental, Hotels; Anywhere Credit Cards are Accepted!
    • Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History.
    • Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application.
    • Just Pay Off Your Balance and Receive Your Deposit Back at Any Time.
    • 24/7 Online Access to Your Account.
    • Nationwide Program though not yet available in NY, IA, AR, or WI.
    *See Card Terms. Show more
    Issuer Synovus Bank
    Regular APRAnnual FeeCredit LineCredit Recommended
    13.99%$39$2,000Damaged/Fair
    Regular APR13.99%
    Annual Fee$39
    Credit Line$2,000
    Credit RecommendedDamaged/Fair
  • Golden Delta SkyMiles

    Issuer American Express
      • Limited Time Offer: Earn 50,000 Bonus Miles after you spend $2,000 in purchases within the first 3 months and a $50 statement credit after you make a Delta purchase with your new Card within your first 3 months.
      • Plus, earn an additional 10,000 bonus miles after you spend an additional $1,000 with your new Card within your first 6 months. Offer expires on 4/11/2018.
      • Earn 2 miles on every eligible dollar spent on purchases made directly with Delta. Earn 1 mile for every eligible dollar spent on other purchases.
      • Check your first bag free on Delta flights - that's a savings of up to $200 per round trip for a family of four.
      • Settle into your seat sooner with Priority Boarding.
      • Enjoy a $0 introductory annual fee for the first year, then $95.
    *Terms Apply. Show more
    Issuer American Express
    Regular APRAnnual FeeCredit RecommendedOur take
    17.24%-26.24% Variable$95,00ExcellentPremiun card tailored for Delta loyalists
    Regular APR17.24%-26.24% Variable
    Annual Fee$95,00
    Credit RecommendedExcellent
    Our takePremiun card tailored for Delta loyalists
  • OpenSky® Secured Visa® Credit Card

    Open Sky secured credit card-
    Issuer Capital Bank N.A.
    • Build Your Credit fast with our monthly reporting to all 3 major credit bureaus.
    • Choose your credit line as low as $200 up to $3000, secured by a fully-refundable* security deposit.
    • Security deposit needs to be submitted before the credit card can be issued.
    • No credit check necessary and no checking account required; apply in less than 5 minutes.
    *View terms on application page. Show more
    Issuer Capital Bank N.A.
    Regular APRAnnual FeeCredit LineCredit Recommended
    18.89% (variable)$35$200 - $3000 at time of applicationPoor
    Regular APR18.89% (variable)
    Annual Fee$35
    Credit Line$200 - $3000 at time of application
    Credit RecommendedPoor
  • Platinum

    Issuer American Express
    • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
    • Up to $200 for Uber rides annually. Credit and Uber VIP status available to Basic Card Member only.
    • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
    • 5X Membership Rewards® points on eligible hotels booked on amextravel.com.
    • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
    • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
    • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
    *View terms on application page. Show more
    Issuer American Express
    Regular APRAnnual FeeCredit RecommendedOur take
    N/A$550ExcellentHigh travel spenders
    Regular APRN/A
    Annual Fee$550
    Credit RecommendedExcellent
    Our takeHigh travel spenders
  • Premier Rewards Gold

    Issuer American Express
    • Earn 25,000 Membership Rewards® Points after you use your new Card to make $2,000 in purchases within the first 3 months.
    • 3X points for flights booked directly with airlines. 2X points at US restaurants, US gas stations, and US supermarkets. 1X points on other purchases. Terms and limitations apply.
    • No Foreign Transaction Fees.
    • $100 Airline Fee Credit. Up to $100 a year in baggage fees and more at one airline.
    • Get a $75 hotel credit on qualifying charges, plus a room upgrade upon arrival, if available with The Hotel Collection at americanexpress.com/hc. Terms apply.
    • $0 Intro Annual Fee for the 1st year, then $195.
    *View terms on application page. Show more
    Issuer American Express
    Regular APRAnnual FeeCredit RecommendedOur take
    N/A$195,00Excellent, GoodPremium card for frequent travellers
    Regular APRN/A
    Annual Fee$195,00
    Credit RecommendedExcellent, Good
    Our takePremium card for frequent travellers

MAKING THE MOST OF YOUR CREDIT CARDS

Credit card options can be endless, from balance transfer, cash back, travel, business and dozens more categories and hundreds of cards to choose from.

Which is the best?
How can you build your bad credit?
Do cards help your credit score?
Tips to improve your credit score

In this section you´ll find useful information to make the most of your credit cards.

Learning to Identify the Better Credit Card Offer

How does one define what are the best credit card offers? There are so many card companies offering so many different features that it’s easy to get confused or sidetracked as to which factors are truly the most important to consider.

Which card offers are superior will vary based on your situation. The exact same offers simply aren’t available to everyone, and the needs and preferences of one applicant will differ from those of another as well.

But here are 5 of the most important things to look for when applying for a new credit card and weighing your options:

  • Sufficient credit line. If your card doesn’t give you enough room to use it without crowding the top of your credit line, that’s a major inconvenience. You can, of course, make more frequent payments to help alleviate a tight credit limit, but a higher limit helps you to use your card easier and helps your credit score.
  • Low APR. While it’s desirable to avoid interest by paying off your balance every period, you can get caught in a spot where you can’t do that. At that point, it’s going to matter what kind of interest rate is on your card.
  • Low fees. A card with no annual fee, or at least a low one, is a major plus. Low late fees, a “free” first late payment, reasonable cash withdrawal and balance transfer fees, and low or no foreign transaction fees also are commonly important to card holders.
  • Secured versus unsecured. If you can get an unsecured card with a reasonable APR and no annual fee, that’s great. But in some cases, your best offer will be a secured card if you have bad credit. In that case, look for lower security deposits, higher credit limits, and a quick “graduation program” to an unsecured card.
  • Perks and rewards. If you have multiple cards that meet your expectations as far as APR, credit line, and basic features, then it’s time to compare “perks.” Cash back, gift card rewards, and travel points are all common programs. Pick one that you’ll actually use and value.

How to Locate the Best Credit Card Offers

The veritable plethora of credit card offers available online can be a bit bewildering to encounter. In fact, finding the best credit card offers on your own by simply hunting from website to website after a quick Google search, is a very impractical, hit and miss at best, approach.

At Bonsai Finance, we offer you a better way to find your perfect card. You can visit our website and enter your preferred search criteria into our system, and our powerful search engine will rapidly scan literally hundreds of card companies and card offers.

You will quickly narrow down the field to cards that approximate your ideal credit card offer. Then, with helpful advice from our staff at Bonsai Finance and a little in depth comparison shopping, you can figure out exactly which available credit card offer makes the most sense in your situation.

Matching a Credit Card to Your Usage Habits

When selecting your new credit card, you have to think practically about it. Ask yourself, “How will I actually use this card from day to day and from month to month?”

Will you use the card for a large proportion of your regular expenses? Will you use it online or over the phone to pay bills? What kind of credit limit will that require, if you don’t want to have to make payments every week?

Will you be able to pay off the full balance to avoid interest, or will you likely maintain a rolling balance? If the latter, prioritize low interest rates when selecting a card.

Do you make many purchases from foreign countries, whether while physically abroad or via online orders? If you do, find a card with no or very low foreign transaction fees. Do you travel a lot? Look for a travel points reward system.

If your card is secured, how fast can you upgrade to an unsecured card with that card issuer, provided you make all of your payments on time? And will APR, fees, credit line, and other features improve as well after so many months of continued “responsible use?”

Thinking Long Term About Your Credit Card Choices

Many times, people need a credit card to process online bill payments and simply to avoid the inconvenience of carry large amounts of cash around with them – or using paper checks constantly. It’s tempting, when you need a card fast, to take a short term view of your card choice, but in reality, that choice can potentially have long term effects.

Choose wisely. Think about if you want to keep the card you’re applying for for the next 5, 10, or more years. Remember, closing and opening accounts frequently can hurt your credit score.

Have a plan to use your credit card to benefit you financially, make your spending more convenient, and to boost your credit rating over time, through continually making on-time payments (and lots of them!)

Avoid letting your card near it’s credit limit since that affects your credit score. Try to always pay off your balance in full to avoid interest and to maximize cash back rewards. It’s possible to actually make money using a credit card, if you “play yours cards right.”

You don’t want to get into the trap of having to keep on using one credit card to pay off the other. Far better to carefully choose your first card, and then manage it well so you don’t need to take out a second card for a balance transfer. That said, there are situations where a balance transfer offer might be a factor in choosing a new card – but ultimately, you’re aiming for keeping only cards you actually use and not having to transfer any more balances.

How Can Bonsai Finance Help?

At Bonsai Finance, we specialize in helping those searching for a new credit card quickly, painlessly locate their absolute best credit card offers. That, along with matching people to lenders when they need a loan, is what we do and why we exist here at Bonsai.

Bonsai Finance is not a credit card company or a lender. We are a go-between company that scours the marketplace to find you the best deal possible for a new credit card or other financial matters.

Our long time knowledge of the credit card industry, combined with our powerful search tools and our dedication to the best interests of each and every client, help us to stand out in our “niche industry” as the most trusted and most successful at what we do.

We saw a gap in the marketplace, and we created Bonsai Finance to fill that gap. We saw people were struggling to find their best card offers for “logistical reasons” – the needle in a haystack effect; and therefore, we came up with solutions.

Bonsai Finance has deep experience in helping even those with bad or no credit find the best credit card offers available. We put you in a position to make an informed decision about your next credit card application.