Credit Cards » Compare Credit Cards » Best Credit Cards for Good Credit in 2021
Advertiser Disclosure

This website is an independent, advertising-supported comparison service. The product offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

This allows us to maintain a full-time, editorial staff and work with finance experts you know and trust. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impacts any of the editorial content on The Smart Investor. While we work hard to provide accurate and up to date information that we think you will find relevant, The Smart Investor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.

Learn more about how we review products and read our advertiser disclosure for how we make money. All products are presented without warranty.

Best Credit Cards for Good Credit in 2021

Credit cards for good credit have attractive benefits such as long 0% APR intro, $0 annual fees, and higher rewards & credit limits.

Some products that appear here are from companies from which this website receives compensation. This may impact how and where products appear on this site (including, for example, the order in which they appear). It doesn’t affect our editors’ opinions. our opinions are our own.

A credit score of over 700 puts you in the good to excellent credit score range. Credit cards for good credit have attractive features and benefits such as 0% APR for the first few months, higher rewards, $0 annual fees, and higher credit limits.

If you have good credit, you will be spoilt for choice with the number of credit card issuers who want your business. With the different options to consider, you should take some time to find the card that suits your needs.

Here are The Smart Investor Select’s picks for the best credit cards for good credit in 2021:

American Express Everyday

On AMEX Secure Website

American Express Everyday

Reward details

Up to 2X Points for every $1 you spend

Current Offer

10,000 Membership Rewards® Points

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

15 months

APR

12.99% – 23.99%
  • Overview
  • Card Features
  • Pros & Cons

The Blue Cash Everyday from the American Express is a very good option among rewards cards for individuals that rank up spending at the grocery checkout and gas pump. The Blue Cash Everyday offers an amazing 3% cash back rate at the united state's supermarkets once you spend up to $6,000 in a year, as well as a 2% competitive rate at any gas station for a zero-dollar annual fee card.

The Blue Card Everyday also offers new cardmembers a $200 statement credit bonus. However, to qualify for this bonus, you need to spend up to $1000 on eligible purchases in the first three months of obtaining the card.In 2020, American Express ranked 1st overall for customer satisfaction according to the J.D. Power U.S. Credit Card satisfaction survey.

  • APR: 12.99% – 23.99%
  • Annual fee: $0
  • Balance Transfer Fee: Unknown
  • Foreign Transaction Fee: 2.70%
  • Rewards Plan: Earn 2X Points at U.S. Supermarkets (up to $6,000 per year in purchases) and 1X Points on Other Eligible Purchases
  • Sign Up bonus: 10,000 Membership Rewards® Points after you spend $1,000 in qualifying purchases on the Card within your first 3 months
  • 0% APR Introductory Rate period: 15 months
  • 10,000 Points Sign-Up Bonus
  • Rewards Plan
  • 20% Bonus Points
  • No Annual Fee
  • 0% APR Introductory Rate on Balance Transfers and Purchases in the First 15 Months
  • No Balance Transfer Fee
  • High APR
  • Foreign Transaction Fee
  • Variations in Reward Points’ Worth
  • There are Better Rewards Cards
  • Not as Widely Accepted as Other Cards
  • Flexible Redemption

Discover It Cash Back

Discover It Cash Back review

On Discover Secure Website

Discover It Cash Back

Reward details

1-5% cash back

Current Offer

Match Bonus for the first 12 months

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

0% Intro APR for 14 months on purchases and balance transfers.

APR

11.99% – 22.99%
  • Overview
  • Card Features
  • Pros & Cons

Discover It Cash Back was awarded the 2020 U.S. News Best Credit Card for the cashback rewards card. This card offers a very high rewards rate on some categories that rotate every few months. The card gives a 5% cashback on any purchase that is up to $1,500, which is spent each quarter on the rotating bonus category. Some of the categories include; restaurant, gas station, online shopping and many more each time you activate them. However, on all other purchases, excluding the ones in the category selected, you will only receive a 1% cashback.

This card is best for individuals who want to have a high reward rate on every purchase they made and also individuals who love a more straightforward rewards program.

  • Rewards Plan: 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum + 1% cash back on all other purchases
  • APR: 11.99% – 22.99%
  • Annual fee: $0
  • Balance Transfer Fee: 5%
  • Foreign Transaction Fee: 3%
  • Sign Up bonus: 2x cash back with cashback match, get an unlimited dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically
  • 0% APR Introductory Rate period: 0% Intro APR for 14 months on purchases and balance transfers.
  • 14 Month 0% Intro APR Period
  • Balance Transfer Fee
  • 5% Cash Back for Select Spending Categories
  • Matches Cash Back in the First 12 Months
  • No Annual Fee
  • Less Merchant Acceptance
  • No Sign-Up Bonus or 0% APR Introductory Rate
  • Limit on Cash Back Spending Per Quarter
  • Keeping Track of Bonus Categories

Capital One Quicksilver

Capital One Quicksilver Card review

On Capital one Secure Website

Capital One Quicksilver

Reward details

Unlimited 1.5% cash back on all purchases

Current Offer

$250

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

0% intro APR for 15 months

APR

15.49% – 25.49%
  • Overview
  • Card Features
  • Pros & Cons

The capital one quicksilver card is a very good choice for individuals that either don’t like to spend too much in just one budget category or individuals that prefer one reward rate than multiple rates. The capital One Quicksilver is among the secured credit cards that do not charge any annual fee. The Mastercard is widely accepted abroad compared to most other card brands. Some of the benefits individuals can derive from using this card include; no foreign transaction fees, travel accident insurance, secondary car rental insurance and 24-hour travel assistance services.

Capital One Quicksilver ranked 3rd with a rating of 807, according to the J.D. Power Customer Satisfaction Study in 2019.

 

  • Rewards Plan: Unlimited 1.5% cash back on all purchases.
  • APR: 15.49% - 25.49%
  • Annual fee: $0
  • Balance Transfer Fee: 3%
  • Foreign Transaction Fee: 3%
  • Sign Up bonus: Earn a one-time $250 cash bonus once you spend $500 on purchases within 3 months from account opening
  • 0% APR Introductory Rate period: 0% intro APR for 15 months
  • Sign-Up Bonus
  • High Rewards Rate
  • No Annual Fee or Foreign Transaction fee
  • Intro APR on Purchases & Balance Transfers
  • No Bonus Rewards Categories
  • Requires Good/Excellent Credit
  • High APR

Chase Freedom Flex

Chase Freedom review

On Chase Secure Website

Chase Freedom Flex

Reward details

1-5% cash back

Current Offer

$200 Cash Back

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

15 months

APR

14.99% – 23.74%
  • Overview
  • Card Features
  • Pros & Cons

If you have a high credit score and want a card to capture your spending habits with no extra cost. It has a $0 annual fee, and only individuals with credit scores of between 690 to 850 can qualify for the card. The first 15 months attract zero interest on purchases, which is an incentive for you to spend high.

You will earn a $200 cash bonus for every $500 you spend within the first 90 days and a 5% cashback on grocery and online purchases. You will also enjoy a 5% cash back for every $1500 cumulatively spent while using the card. The card issuer has a 2020 rating of 809 from J.D. Power, which places it fourth among 11 rated card issuers.

 
  • Rewards Plan:
  • APR: 14.99% – 23.74%
  • Annual fee: $0
  • Balance Transfer Fee: $5 or 5%
  • Foreign Transaction Fee: 3%
  • Sign Up bonus:
  • 0% APR Introductory Rate period: 0% intro APR for 15 months from account opening on purchases.
  • $200 Sign Up Bonus
  • No Annual Fee
  • 0% APR on Balance Transfers and Purchases
  • Pool Points & Other Bonuses
  • Protection & Free Credit Score
  • 5% Bonuses has a Cap
  • High APR
  • Balance Transfer Fee
  • Foreign Transaction Fee

Wells Fargo Propel American Express

Wells Fargo Propel American Express Card review

On Wells Fargo Secure Website

Wells Fargo Propel American Express

Reward details

Up to 3 points for every $1 you spend

Current Offer

20,000 bonus points

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

15 months

APR

14.49% – 24.99%
  • Overview
  • Card Features
  • Pros & Cons

The Wells Fargo Propel card does not charge any annual fee and stands out by it offers. For example, in the popular spending category, including restaurants, travel, gas and some very popular streaming services, the Well Fargo Propel American Express gives a 3 point dollar, making it outstanding. They also offer a decent bonus for a card with no annual fee and an introductory 0% APR with a cash bonus.

For individuals who do not have any insurance on their cell phone, this card may be the best for them because it extends a $600 coverage on your cell phone, only if you pay your cell phone bill with the Well Fargo. Wells Fargo ranked 9th out of 12 companies that issue cards with a score of 783 according to the J.D. Power Credit Card Customer Satisfaction Survey in 2019.

  • Rewards Plan: Earn 3 points per $1 spent on selected gas stations, rideshares, transit, Flights, hotels, homestays, car rentals and popular streaming services. 1 point per $1 spent on other purchases
  • APR: 14.49% - 24.99%
  • Annual fee: $0
  • Balance Transfer Fee: $5 or 5%
  • Foreign Transaction Fee: None
  • Sign Up bonus: 20,000 bonus points when you spend $1,000 in purchases in the first 3 months
  • 0% APR Introductory Rate period: 0% introductory APR on purchases and balance transfers for the first 15 months
  • 20,000 Points Sign-Up Bonus
  • Higher Points on Certain Categories Including Streaming Services
  • No Foreign Transaction Fee
  • Points on All Other Categories
  • No Annual Fee
  • 0% APR on Balance Transfers and Purchases
  • Minimum Redemption Amounts
  • Longer Introductory Rates
  • Not as Widely Accepted as Others
  • Balance Transfer Fee
  • High APR

Citi Simplicity

Citi Simplicity Credit Card Review

On Citi one Secure Website

Citi Simplicity

Reward details

None

Current Offer

None

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

0% Intro APR for 18 months on purchases and balance transfers.

APR

14.74% – 24.74% day_”]
  • Overview
  • Card Features
  • Pros & Cons

If you need a card that will give you the freedom to pursue your dreams without pesky fees, Simplicity by Citi offers you a perfect solution. You need a credit score of between 690 to 850 to qualify for this card, and there are zero charges on purchases made within the first one year.

The Simplicity card also grants the holder free transfers for the first one year, which is a great incentive for anyone who wishes to get this card. As a bonus, there are no late fees or annual fees when using this card ever. Citi ranked 6th out of 11 card issuers with a score of 801, according to the 2020 J.D. Power Credit Card Customer Satisfaction Study.

  • APR: 14.74% - 24.74%
  • Annual fee: $0
  • Balance Transfer Fee: $5 or 3%
  • Foreign Transaction Fee: 3%
  • Rewards Plan: None
  • Sign Up bonus: None
  • 0% APR Introductory Rate period: 0% Intro APR for 18 months on purchases and balance transfers.
  • Extreme Forgiveness
  • No Annual Fee
  • 0% Purchases & Balance Transfer Intro APR (18 months)
  • No Rewards System
  • High APR
  • 5% Balance Transfer Fee

Compare the Best Credit Cards For Good Credit

Types of Cards for Good Credit

A credit score of over 700 puts you in the good to excellent credit score range. Credit cards for good credit have attractive features and benefits such as 0% APR for the first few months, higher rewards, $0 annual fees, and higher credit limits.

Here are the main types of credit cards for good credit:

  • Balance Transfer Credit Card

A balance transfer credit card lets you finance credit card debts at a 0% APR for about 6 to 18 months, depending on the credit card issuer. Usually, you can find a credit card with a 0% APR introductory offer or a low ongoing rate for the first few months.

A good balance transfer credit card is the Citi Double Cash Card that offers a 0% APR for 18 months from the date of account opening. When the promotional period ends, the APR increases to a variable interest rate of 13.99% to 23.99%. However, this credit card charges a 3% to 5% balance transfer fee of the transfer amount. 

  • Travel Rewards Credit Card

If you are always on the go, a travel credit card can help you save money through discounts and cash back on your travel purchases. Most of the time, travel rewards credit cards let you collect points that you can redeem for airline miles or hotel stays.

If you want to maximize travel rewards, the Chase Sapphire Preferred Card offers generous perks for travelers. Once you spend $4000 in purchases in the first 90 days, Chase Sapphire Preferred Card rewards you with a 60,000 sign-up bonus. You also earn 2x point on restaurant dining and travel purchases, and additional 1x point on other purchase categories. There are no foreign transaction fees.

  • Cash Back Rewards Credit Card

Looking to collect cash backs on every eligible purchase you make? Get a cash back rewards credit card. A cash back credit card is a good option for regular shoppers looking to earn points on every purchase.

A good cash back rewards card is the Blue Cash Everyday® Card from American Express. This card is one of the better options for families and people who mostly stay at home instead of traveling. It’s highest cashback rates are for grocery store purchases, with the next two highest rewards tiers being gas purchases and department store purchases. That makes this an excellent option for anyone who doesn’t need a more specialized kind of card.

  • Business Credit Cards

Business credit cards provide small business owners with solutions for separating personal transactions and business finances. These cards come with tracking and reporting features that business owners can use to track payments.

For businesses managing large transactions, business credit card can earn significant cash back and reward points that can be redeemed for a statement credit and cash rewards. A good business credit card is the Discover It Business Card, which earns 1.5% cash pack on all purchases. It has an annual $0 annual fee and a 0% APR for the first 12 months.

  • Low Interest Credit Card

If you are looking for a credit card with the lowest charges, go for a low-interest credit card. This type of credit has a low annual percentage rate, and users accrue lower finance charges than high-interest cards charge.

Discover It Cash Back card has one of the lowest interest rates in the market. This card has a 0% APR for the first 14 months, a variable APR of 11.99% to 22.99 when the promotional period ends.

  • No Annual Fee Credit Card

A no-annual-fee credit card is a good option if you plan to keep the credit card open for a long time at no cost. These cards do not have a recurring fee, and they can help you increase the average age of credit accounts.

Wells Fargo Propel America Express card offers the best deal for a no-annual-fee credit card. This card has a $0 annual fee, and it does not charge foreign currency conversion fee.

What Does Good Credit Mean?

Good credit is an indication that a borrower has a relatively high credit score, and lenders prefer such borrowers due to their low credit risk. Usually, when evaluating the creditworthiness of credit applicants, lenders check the credit scores provided through credit bureaus as part of background checks.

Credit Score Ranges Basics

Borrowers with good credit starting from 670 or higher have the best chance of getting credit approval from a lender. They are also likely to get favorable loan terms such as attractive interest rates, 0% APR on balance transfers, longer repayment period, etc.

Apart from the credit scores, lenders also consider other factors such as recent credit inquiries, length of credit history, recent credit lines used, etc. to determine the ability of a potential borrower to meet their debt obligations.

Benefits and Limitations of Credit Cards for Good Credit

Credit cards have become an important life tool for consumers looking for convenience when making daily purchases, but they also have a bad reputation if used inappropriately.

If you are planning to get a credit card for good credit, here are the benefits and limitations you should know about:

Benefits

  1. Low Introductory Rates

If you want to manage your high-interest credit cards properly, you can use a credit card with 0% or low APR for an introductory period of 6 to 18 months. These cards let you consolidate current debts and pay the debts within the introductory period without incurring any interest.

  1. Earn Rewards

Most credit cards for good credit let you earn rewards every time you use the credit card to pay for purchases in certain qualifying categories. For example, some credit cards earn higher points and cash back on travel costs, hotel stay, gas and fuel purchases, supermarkets, etc.

Drawbacks

  1. Potential to Overspend

Some cardholders view their credit cards as an additional source of income, and they end up spending on their desires rather than necessities. Spending beyond your means can leave you with high amounts of unplanned debts. If you are unable to pay the required monthly payments, you will be at risk of forced collections and even bankruptcy.

  1. Annual fees

Credit cards charge an annual fee, which can be expensive if you keep the credit card account open for many years. Credit cards charge anywhere from $25 in annual recurring fees, and the cost can go up to $500 or higher depending on the card you choose.

For many consumers a lack of annual fee is an attractive feature of any credit card. Lenders have recognized this trend and today the majority of cards do not have an annual fee. However, savvy consumers want more from their credit card. In this chart created with US news data, you can see the percentage of no annual fee cards by card type.

The most obvious category is student cards, with 100% of cards not attracting an annual fee. This stands to reason as lenders typically want to attract students who will need to develop financial relationships that could last a lifetime. However, over 75% of balance transfer, cash back and low APR cards also don’t have an annual fee.

At the other end of the scale, you can see that travel cards that typically offer some excellent benefits are more likely to have an annual fee. Secured cards, which are usually offered for consumers with a low credit score or no credit history are also more likely to have an annual fee.

percentage of credit Cards with no Annual Fee by Card Type

  1. High-interest rates

Carrying balances from one month to the next attracts a high interest rate of 20% to 30%, depending on the card. For high balances, you may end up paying hundreds more than the initial interest charged if you carry outstanding balances forward.

What's the Best Credit Card Company?

The JD Power 2020 US Credit card satisfaction study ranked American Express as the best credit company in 2020. Based on a customer survey conducted during the COVID-19 period, American Express scored the highest score of 838 among national issuers. A higher percentage of customers gave a favorable impression of American Express response during the pandemic.

J.D. Power U.S. Credit Card Satisfaction Study 2020

American Express was followed by Discover at 837 points and Bank of America at 812 points. Among regional issuers, Regions Bank scored the highest score at 816, while BB&T (now Truist) and PNC bank tied in the second position with a score of 815.

Overall, the JP Power study 2020 showed there was a decline in customer satisfaction metrics during the COVID-19 pandemic, and credit card customers were losing faith in credit card issuers. This decline was unique to the credit card industry, with other sectors in the consumer financial services industry such as retail banks and primary mortgages recording an increase in customer satisfaction.

The student assessed customer satisfaction based on six key factors. These factors include communication, credit card terms, interaction, rewards, benefits, and services, as well as key moments. The study, which started in September 2019 and ended in June 2020, received responses from 29,106 credit card customers.

What Should I Look For in a Credit Card if I Have Good Credit?

If you have good credit, you will be spoilt for choice with the number of credit card issuers who want your business. With the different options to consider, you should take some time to find the card that suits your needs. Here is what you should look for in your credit card:

  1. Annual Fee

If you are applying for your first credit card, you should consider getting a credit card that does not charge an annual fee. Without a recurring annual fee, you can keep the credit card open for a long time to help build your credit. However, if you are looking for a rewards card, you can get a credit card with an annual fee where the potential rewards outweigh the annual fee.

  1. Interest Rate

Credit cards charge a higher interest rate, compared to other credit products in the financial services sector. You can expect to pay 15% to 25% APR on the outstanding balance. Also, some cards offer a 0% APR for a period of 6 to 18 months. You can take advantage of these offers to consolidate your credit card debts or make a large purchase that you can repay within the promotional period. Once this offer expires, the interest rates jump to about 15% to 25%, which can be expensive if you have a large balance.

  1. Rewards

Credit cards can help you collect maximum rewards on your everyday shopping. Pick a rewards card that aligns with your interests or lifestyle such as travel rewards, gas & fuel, supermarket rewards, etc. Choose between credit cards that offer cash backs, travel rewards or even airline miles.

  1. Credit Limit

If you are using a specific credit card for the first time, your initial credit limit might be below the expected credit score. In this case, find a card with a low limit, and use it to establish credit reputation. However, if you are looking for a credit card that allows large purchases, you should find credit card issuers that are willing to increase your credit limit based on your good credit and financial needs.

  1. Fees and Penalties

Before signing up for a credit card, check the issuer’s terms and conditions to know all the account fees associated with the credit card. Additional fees such as foreign transaction fees, over-limit fees, balance transfer fees, and late payment fees can add up to the cost of using the credit card. Knowing these fees can help you make the most of your card without incurring additional fees.

How Long Does it Take to Build Good Credit?

Building good credit from zero requires patience, time, and dedication. Generally, you need at least one credit account that has been active for six months to get a credit score, and at least six months of on-time payments and reporting to credit agencies to build a good score.

A FICO credit score requires at least 6 months of on time payments and account activity to accumulate enough credit history and a decent credit score. In comparison, a vantage score requires at least two months of credit history to establish good credit. FICO is the most common credit scoring system, and it is used in at least 90% of the market lenders. Experian discloses that the number of loans you take and how well you pay them back can determine the credit score you get.

How to Get a Good Credit Score

If you are struggling with a poor credit score, there are things you can do to add an extra 100 or more points. Here are quick strategies to help you get a good credit score:

  1. Pay Bills on Time

Payment history is one of the main factors that determine your credit score. Always pay your utility bills and credit card bills on time to help you build your credit. If you foresee a delay in making bill payments, you can ask the utility company to delay submitting the information to credit bureaus as you work on paying the bills.

  1. Don’t Close Old Credit Cards

Keep your credit cards open for a long time as long it does not cost you money in annual fees. By closing your old credit card accounts, you risk losing the accumulated credit history and cause your credit score to drop. Also, closing aged credit accounts increases your credit utilization ratio.

This chart created with Experian data shows that those with an average to good credit score have an average credit utilization ratio of the optimum 33%. This ratio drops significantly for those with very good and excellent scores.

At the other end of the scale, the chart shows that those with poor credit scores typically have a very high credit utilization ratio, with an average of 73%. This will be a massive factor in lending decisions for those in this group.

Average Credit Utilization Ratio by Score

  1. Limit New Credit Applications

When you apply a new credit, the lender requests your information from credit agencies. This creates a record in your credit report, also known as a hard inquiry. Although hard inquiries fade after a few years, they reduce your chances of getting approved for a loan since lender sees you as a risky borrower.

  1. Become an Authorized User

An easy way of getting a good credit score is becoming an authorized user in another person’s credit account. The person can be a friend or relative, and they must have an impeccable credit history and excellent credit scores. This option lets you get credit for their good record of paying credit on time. As an authorized user, you get a longer credit history on your report without having to use the credit card.

  1. Use a Secured Credit Card

Secured credit cards provide a solution to cardholders looking to build or boost their credit scores. This card requires cardholders to make a deposit, which is equivalent to the allowed credit limit. Payments made to the secured credit card are reported to credit bureaus, and this helps build credit over time.

What are the Best Credit Cards for a 700 Credit Score?

A credit score of 700 or higher puts you in the good, very good and excellent credit score range. In this credit score range, you have more credit card options to choose from and at favorable credit terms.

Here are the best credit cards if you have a 700+ credit score:

Bank of America® Cash Rewards credit card

This rewards card is a good option for people who want to be able to customize their credit earnings since you get to choose your own 3% cashback earning category. That means you can tailor your credit card to the kind of spending you’re most likely to need, maximizing your returns from that credit card.

Blue Cash Everyday® Card from American Express

This card is one of the better options for families and people who mostly stay at home instead of traveling. It’s highest cashback rates are for grocery store purchases, with the next two highest rewards tiers being gas purchases and department store purchases.

That makes this an excellent option for anyone who doesn’t need a more specialized kind of card.

What are the Expected Credit Card Rates for Good Credit?

The expected APR for good credit varies depending on the type of credit card, borrower's creditworthiness, and the current average interest rates. Ideally, a borrower with good credit can get an APR that is below the current average interest rate. Federal Reserve data from the third quarter of 2020 shows the average interest rate was 16.43%. A good credit score above 700 can qualify you for an interest rate below the average APR of 16.43%. However, the lowest APR is given to cardholders with excellent credit scores due to their low credit risk.

The different types of credit cards in the market have different APRs. For example, reward cards and business credit cards carry higher APRs than balance transfer credit cards due to the benefits and perks that they offer. Generally, issuers have a variable APR that ranges from 13% to 25%, and it changes over time depending on the prevailing interest rates.

credit cards Average APR per Category

The Difference between Good Credit and Excellent Credit

Lenders use credit scores as one of the main factors to determine whether or not to approve a loan.

Generally, credit scores range between 300 to 850, and a credit score above 700 is considered to be in the good credit score range, while a credit score above 800 is in the excellent credit score range. A credit score in the good and excellent credit score range gives you access to more credit card options and better credit terms.

The two leading credit scoring systems are FICO and VantageScore. FICO is the most common credit score, and it is used in at least 90% of lending decisions. A FICO credit score of 670 to 739 is considered good, while a score in the 800 to 850 range is considered excellent, and it is the highest credit score a person can have.

In comparison, a good vantage score should be in the 661 to 780 range, while an excellent vantage score is in the 781 to 850 range.

What are the Best No-Annual-Fee Credit Cards for Good Credit?

A no-annual fee credit card is a card that does not charge an annual membership or maintenance fee. This card is a great option if you want to maximize rewards while keeping costs at a minimum. The best no-annual fee credit cards include:

  1. Chase Freedom Flex

The Chase Freedom Flex earns a bonus of $200 after spending $500 in purchases in three months from the date of account opening. This card earns you 5% cash back each quarter on up to $1500 spent on purchases in bonus categories.

You also earn 5% cash back on costs incurred in travel purchases, 3% incurred in restaurants and drugstores, and another 1% on other purchase categories. If you are looking to earn rewards across multiple purchase categories, Chase Freedom Flex could be a good fit for you.

2. Citi® Diamond Preferred® Card

This card comes with no annual fees, as well as a 0% APR introductory rate. They also offer relatively low balance transfer rates. This card is a good option as an everyday credit card, as well as a backup credit card and line of credit.

UltraFICO and Experian Boost: The New Scoring Models

UltraFICO and Experian Boost are the newest credit scoring tools in the market. These tools are aimed at two categories of consumers i.e. people starting out with credit and consumers with subprime scores. The two scoring models bridge the existing market gap by including data previously excluded from old scoring models when calculating credit scores.

  1. Experience Boost

Experian Boost allows users to add points to their credit score, by linking this tool to their bank account. The tool scans bank account information for utility bill and cellphone payments.

You can choose only the bill payments with a positive record to be added to the Experian Boost report to help improve your score. The boost factors in the new information in your credit report and this can immediately increase your FICO score.

  1. UltraFICO

UltraFICO is a new product by FICO, and it collects information from savings, checking, and money market accounts. You can opt-in by registering on FICO and linking your bank account. This tool scans your bank account to check the consistency in the cash on hand, the duration accounts have been open, account activity, and if the accounts carry a negative balance.

A decent savings balance and zero instances of negative balance can quickly improve your UltraFICO and FICO scores. This tool currently works only with data captured in your Experian Credit report.

What are the Best Cash Back Cards for Good Credit?

Cash backs are some of the best rewards you can earn when using your credit card to make purchases. Cash back rewards earn you real dollars that you can use as a statement credit or pay for purchases. Here are the best cash back credit cards for good credit:

Citi® Diamond Preferred® Card

This card comes with no annual fees, as well as a 0% APR introductory rate. They also offer relatively low balance transfer rates. This card is a good option as an everyday credit card, as well as a backup credit card and line of credit.

High Limit Credit Cards for Good Credit

When you open a new credit card account, the issuer sets a credit limit for the account based on your credit score, credit history and other factors. This limit can be anywhere from $100 to $10,000, or even higher. High limit credit cards are available to people with the highest credit scores. The best high limit credit cards for good credit include:

  1. Chase Sapphire Reserve

Chase Sapphire Reserve has one of the highest credit limits. This credit card has a minimum credit limit of $10,000, and the limit can be higher if you have an excellent credit score. New sign-ups earn a bonus of 50,000 if they spend $4000 in purchases in the first 90 days. This bonus is worth $750 if you redeem your points through the Chase Ultimate Rewards. This card has a $550 annual fee. If you are looking for a good travel credit card with the highest credit limit and lots of travel perks, this card is good fit for you.

  1. Capital One Venture Rewards Card

Capital One Venture has a credit limit of $5000 to $10,000, depending on your creditworthiness. If you are looking to maximize travel rewards, this card earns you 60,000 miles in sign up bonus if you spend $3000 on purchases in 3 months of account opening. You also earn 2x miles on all purchases you make. Capital One venture has a $95 annual fee, and zero foreign transaction fees. This card is a good pick for a regular traveler looking to earn reward points on every purchase that can be redeemed for airline miles.

What are the Best Rewards Cards for Good Credit?

Rewards credit cards provide an opportunity to earn cash backs, miles, or travel rewards on everyday purchases. Getting the best rewards card for good credit can help you save money on airline miles, store purchases, and travel costs. Here are the top reward cards if you have good credit:

  1. Discover It Cash Back

Discover it cash back is a popular rewards card due to its rotating bonus categories and introductory cash back match in the first year. This credit card earns a 5% cash back on purchases at grocery stores, gas stations, and online stores such as Amazon.com up to $1500 every quarter. Cardholders also get cash back match on the total cash backs collected in the first year. It has a $0 annual fee. If you are looking for no-annual-fee cash back to earn cash backs on every day purchases, Discover it Cash Back card could be for you.

  1. Chase Sapphire Preferred Card

This credit card earns rewards on travel purchases. This card earns 2x on every dollar spent on travel purchases and restaurant, and 1x points on other purchase categories. New sign-ups get a bonus of 60,000 for spending $4000 in the first 3 months of account opening. You can transfer these points to travel partners at the ratio of 1:1, or redeem these points through Chase Ultimate Rewards for a 25% boost in rewards value. Chase Sapphire Preferred Card is a good fit for a regular traveler looking for a high-limit credit card with the best travel rewards.

Credit Card Reviews Methodology

In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.