We are constantly reviewing the best credit cards for you to save you time and money.
The Best Credit Cards for 2014 are highlighted below per our Editor’s Review.
Cash Back: A great credit card that gives you cash back rewards is a smart idea if you utilize your card for all of your transactions and pay the card balance off each month.
You also want a card with benefits like extended warranty and purchase protection. This just protects you when buying electronics and other items with your card. This is the advantage of using a credit card compared to cash. We have reviewed cash back cards for their interest rate, cash back rewards, annual fees and overall benefits.
Discover it® is a cash back credit card. You get 5% cash back on purchases in quarterly rotating categories. Discover it® offers a 0% introductory APR on purchases and balance transfers.
What is so excellent about their cash rewards program is that you can double the value of your points by redeeming them for certain gift cards from over 100 partner stores. This stretches the cash back rewards and is a great reason we voted this the best cash back credit card.
Travel Rewards Credit Card: A great travel rewards card is one that earns maximum rewards while providing total flexibility. This means one that has no blackout dates and a bonus is always nice.
You also want a card with travel benefits and protection.
U.S. Bank FlexPerks® Travel Rewards Visa Signature® card is a travel rewards credit card. Get 20,000 bonus FlexPoints after the first $3,500 in net purchases within the first four months. Award travel starts at just 20,000 FlexPoints. This is up to a $400 ticket value. It can be used on over 150 airlines with no blackout dates or online redemption fees.
Earn two FlexPoints for every $1 spent on gas, grocery or airline purchases — whichever you spend most on each monthly billing cycle.
This card has a 0% intro APR for the first 12 months as well as no annual fee in the first year. After the first year the annual fee is $49. Overall this card is as it’s name says very Flexible. I like the fact it has a large selection of partner airlines that the rewards can be used on unlike other travel cards that are airline specific.
0% Balance Transfer Credit Cards: Most people looking to do a balance transfer are looking for the lowest rate possible. This of course would be at 0% APR and preferably with no annual fee. My advice is to use a balance transfer card as a 0% loan where all of your payment is going to principle to get the balance paid off. That would be the goal.
So there are cards that offer an 18 month 0% term. We also reviewed not only the interest rate but took the 3% fee in consideration. Then we also looked at fees and benefits such as extended warranty and purchase protection as well as other factors.
Discover it® has a great balance transfer credit card that we felt met all of these factors. You get 5% cash back on purchases in quarterly rotating categories. Discover it® offers a 0% introductory APR on purchases and balance transfers. The current balance transfer offer is for 18 months on their balance transfer card.
You still get a great cash back rewards program and benefits.