What is the best credit card overall? This question is about Best Credit Cards of 2024

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What is the best credit card overall?

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This question is about Best Credit Cards of 2024

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John S Kiernan, Managing Editor

@John • 01/15/24

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The best credit card overall is the Wells Fargo Active Cash® Card because it has a $0 annual fee, an introductory APR of 0% for 15 months from account opening on purchases and qualifying balance transfers, and excellent rewards. Overall, Wells Fargo Active Cash has a rating of 5/5 from WalletHub editors.

Why Wells Fargo Active Cash Is the Best Credit Card

Initial Bonus: $200 cash rewards after spending $500 in the first 3 months
Ongoing Rewards: 2% cash rewards
Introductory APR: 0% for 15 months from account opening on purchases and qualifying balance transfers
Annual Fee: $0
Regular APR: 20.24% - 29.99% Variable
Balance Transfer Fee: 3% intro for 120 days, then up to 5% (min $5)
Credit Required: Good
Editor Rating: 5/5

There are plenty of other contenders for the title of best credit card overall, however. Credit cards are not one-size-fits-all, either. Which card is best really depends on your credit standing, current debt situation, and whether or not you’re going to pay your monthly bills in full.

Fortunately, there are some rules of thumb you can follow to find the best overall credit card for your needs.

Tips for Getting the Best Credit Card for Your Needs

The lower your credit score is, the more important it is to get a credit card with no annual fee.
If you have existing credit card debt or are planning a big-ticket purchase that will take months to pay off, try to find a card with a 0% intro APR and no balance-transfer fee, if applicable. Avoiding annual fees is important in this situation, too.
If you have good or excellent credit and plan to pay in full every month, your goal should be to find the best possible rewards for your spending habits.

No matter your specific situation, there are a few easy ways to find the right credit card. For starters, you can check out our editors’ picks for the market’s best overall credit cards right now, selected from more than 1,500 credit card offers.

You can also sign up for a free WalletHub account and get a personalized recommendation. Or, you can try our free CardAdvisor tool to get anonymous recommendations based on your answers to a few simple questions.

This answer was first published on 05/30/18 and it was last updated on 01/15/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

What are the best cash back credit cards for excellent credit?

The best cash back credit card for excellent credit is the Wells Fargo Active Cash® Card because it offers 2% cash rewards on all purchases and has a $0 annual fee. The Wells Fargo Active Cash® Card also gives an initial bonus of $200 cash rewards after spending $500 in the first 3 months.

The very best card for you will depend on the types of purchases that you plan to charge to your credit card, along with which secondary features you value most. Some cash back credit cards offer rewards at a flat...

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What are the best flat-rate cash back credit cards?

The best flat-rate cash back credit card is the Wells Fargo Active Cash® Card because it offers 2% cash rewards on every purchase. Plus, it gives an initial bonus of $200 cash rewards after spending $500 in the first 3 months. Wells Fargo Active Cash comes with a $0 annual fee, too.

The Wells Fargo Active Cash® Card is also a great card for saving on interest, offering an intro APR of 0% for 15 months from account opening on qualifying balance transfers on purchases and balance transfers. The card has a regular APR of 20.24% - 29.99% Variable and a balance transfer fee of 3% intro for 120 days, then up to 5% (min $5). Just note that...

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What is the best cash back travel credit card?

The best cash back travel credit card is the Capital One Savor Cash Rewards Credit Card because it offers an initial bonus $300 for spending $3,000 in the first 3 months. Cardholders also get 5% cash back on hotels and rental cars booked through Capital One Travel, and 1% - 10% back on other purchases.

Those rewards can help you save a lot on travel purchases, as long as you’re comfortable booking your accommodations through Capital One Travel. You'll also earn great rewards on all other purchases, and...

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Important Disclosures

* WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: Synchrony Premier World Mastercard®, U.S. Bank Cash+® Visa Signature® Card, Capital One Savor Cash Rewards Credit Card, and Bank of America® Unlimited Cash Rewards Secured Credit Card

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