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Last updatedMay 2022

Best Credit Cards of 2022

What kind of perks are you looking for?

The perfect credit card is the one that helps you achieve your goals. From credit-building to earning rewards, we have a card for everyone. Find yours today.

What type of card are you looking for?
1
Chime Credit Builder Visa® Credit Card
Apply Now
on Chime Bank’s application
Chime Credit Builder Visa® Credit Card
  • Rewards Rate: None
  • Welcome Offer: None
  • Balance Transfer intro APR: None
  • Purchase intro APR: None
Recommended Credit Score:
No minimum credit score
Annual Fee:
$0
Regular APR:
None
Check this card
6.3BestMoney Score
2
Upgrade Visa® Card with Cash Rewards
Apply Now
on Upgrade’s application
Upgrade Visa® Card with Cash Rewards
  • Rewards Rate: 1.50% cash back on payments¹
  • Welcome Offer: Earn a $200 bonus on your Upgrade Card after opening a Rewards Checking account and making 3 debit card transactions*
  • Balance Transfer intro APR: None
  • Purchase intro APR: None
Recommended Credit Score:
580
Annual Fee:
$0
Regular APR:
8.99% - 29.99%
Check this card
6.8BestMoney Score
3
SoFi
Apply Now
on SOFI’s application
SoFi
  • Rewards Rate: 2% cash back when you redeem to save, invest, or pay off an eligible SoFi loan
  • Welcome Offer: Earn up to $100 when you open & fund a SoFi Money account and $50 when you open & fund a SoFi Invest account once approved for the SoFi Credit Card
  • Balance Transfer intro APR: None
  • Purchase intro APR: None
Recommended Credit Score:
670+
Annual Fee:
$0
Regular APR:
12.99% – 24.99%
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6.6BestMoney Score
4
Aspiration Zero Card
Apply Now
on Aspiration brand’s application
Aspiration Zero Card
  • Rewards Rate: 0.5% cash back on all purchases and 1% cash back every month you go carbon neutral
  • Welcome Offer: Earn a $300 bonus after $3000 in spend within the first 90 days of account opening
  • Balance Transfer intro APR: N/A
  • Purchase intro APR: N/A
Recommended Credit Score:
670+
Annual Fee:
$60
Regular APR:
11.65% - 21.45%
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6.2BestMoney Score
5
Upgrade Triple Cash Rewards Visa®
Apply Now
on Upgrade’s application
Upgrade Triple Cash Rewards Visa®
  • Rewards Rate: 3% cash back on Home, Auto and Health categories and 1% cash back on other purchases
  • Welcome Offer: Earn a $200 bonus on your Upgrade Card after opening a Rewards Checking account and making 3 debit card transactions*
  • Balance Transfer intro APR: None
  • Purchase intro APR: None
Recommended Credit Score:
620
Annual Fee:
$0
Regular APR:
8.99% - 29.99%
Check this card
6.7BestMoney Score
6
Varo Believe
Apply Now
on VaroMoney’s application
Varo Believe
  • Rewards Rate: None
  • Welcome Offer: None
  • Balance Transfer intro APR: None
  • Purchase intro APR: None
Recommended Credit Score:
No minimum credit score
Annual Fee:
$0
Regular APR:
None
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6.4BestMoney Score
7
PenFed Gold
Apply Now
on PenFed’s application
PenFed Gold
  • Rewards Rate: N/A
  • Welcome Offer: Earn a $100 Bonus Offer Statement Credit when you spend $1,500 in first 90 days
  • Balance Transfer intro APR: N/A
  • Purchase intro APR: N/A
Recommended Credit Score:
680+ (good to excellent)
Annual Fee:
$0
Regular APR:
7.49% - 17.99%
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6.5BestMoney Score
8
Power Cash Rewards Visa Signature® Card
Apply Now
on PenFed’s application
Power Cash Rewards Visa Signature® Card
  • Rewards Rate: 1.5% cash back and 2% cashback as an Honors Advantage member
  • Welcome Offer: 100 Bonus Offer Statement Credit when you spend $1,500 in the first 90 days
  • Balance Transfer intro APR: N/A
  • Purchase intro APR: None
Recommended Credit Score:
680+ (good to excellent)
Annual Fee:
$0
Regular APR:
14.99% - 17.99%
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6.5BestMoney Score
9
PenFed Pathfinder
Apply Now
on PenFed’s application
PenFed Pathfinder
  • Rewards Rate: Earn 4x points on travel for PenFed Honors Advantage Members,† 3x points on travel for everyone else and 1.5x points on all other purchases²
  • Welcome Offer: 50,000 Bonus Points when you spend $3000 in the first 90 days**
  • Balance Transfer intro APR: N/A
  • Purchase intro APR: N/A
Recommended Credit Score:
680+ (good to excellent)
Annual Fee:
$95 (waived for existing Honor Advantage Memebers)†*
Regular APR:
14.99% - 17.99%¹
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6.4BestMoney Score
10
BlockFi
Apply Now
on BlockFi’s application
BlockFi
  • Rewards Rate: 2% cash back in bitcoin on every purchase over $50K of annual spend. Rewards rate increases from 1.5% - 2% after $50K of spend has been achieved and resets on the card anniversary date every year
  • Welcome Offer: Earn 2.5% bitcoin rewards on all purchases in the first 90 days of card ownership, yp to $100 in bitcoin
  • Balance Transfer intro APR: None
  • Purchase intro APR: None
Recommended Credit Score:
680+ (good to excellent)
Annual Fee:
$0
Regular APR:
11.74% - 21.74%
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6.0BestMoney Score
11
Sable Bank Account And Debit Mastercard®
Apply Now
on Sable’s application
Sable Bank Account And Debit Mastercard®
  • Rewards Rate: 1% cash back on purchases at Amazon, Netflix, Spotify, Hulu, Uber, Uber Eats, and Whole Foods. Get $25 when your build your credit score to 700+ within the first 12 months
  • Welcome Offer: None
  • Balance Transfer intro APR: None
  • Purchase intro APR: None
Recommended Credit Score:
No minimum credit score
Annual Fee:
$0
Regular APR:
None
Check this card
5.5BestMoney Score
BestMoney Total Score

Our product scores consist of a combination of the following 3 components:

TrustPilot Score

Click Trend

Products & Features

Trustpilot is a trusted third-party consumer review website open to anyone looking to share a business review. The BestMoney Total Score will consist of the brand’s score on TrustPilot. If a brand does not have a TrustPilot score, the BestMoney Total Score will be based solely on the Click Trend Score and Products & Services Score (read below).

What is a Balance Transfer Credit Card?

A balance transfer credit card usually offers a special promotion that allows you to move another source of debt to your credit card, ideally at a lower cost. Some balance transfer credit cards may provide a period where you can transfer the balance without paying a balance transfer fee. Others may give you a period to pay off the balance transferred without paying interest on that balance.

Many people use balance transfer credit cards to transfer debt from one credit card to another to lower their costs. However, some lenders may allow you to transfer balances from other types of loans to your credit card, as well. Consider the following before deciding if a balance transfer credit card may work for you.

Pros & Cons of a Balance Transfer Card

As you can imagine, balance transfer credit cards come with benefits and drawbacks depending on your circumstances.

Pro: You could save money

Balance transfer credit cards could save you money on interest payments if you transfer debt from a source with a higher interest rate to a card offering a lower interest rate and you pay off the debt quickly. 

Pro: You may pay off debt faster

Interest payments can make up a considerable amount of your monthly minimum credit card payments. Transferring a balance you owe to a credit card offering an introductory 0% APR lets your entire payment amount go toward paying down the balance owed during that period.

Con: You may need an excellent credit score

While balance transfer credit card offers could save you money, you typically need a good to excellent credit score to get approved. You may be able to get balance transfer credit cards with less than stellar credit, but the terms that come with the cards may not be ideal.

Con: The promotions expire

The promotions offered to get you to sign up for a balance transfer credit card don’t last forever. The 0% introductory APR offers usually last for a few months to as long as 20 months. To claim these limited-time promotional rates and special promotions offering no balance transfer fees, you generally must transfer any balances within the first 30-60 days of opening the account.

Con: Balance transfer fees

Banks still need to make money on balance transfer credit card promotions. Lenders often charge balance transfer fees that range from 3-5% of the balance transferred or a specific dollar amount, whichever is greater. While paying a 3% fee may be better than paying an 18.99% APR on another credit card, you need to consider these costs.