Best Credit Card Scores
A credit score is a 3 digit number that sums up how well the debt has been managed by an individual or company. The higher the number is, the better your chance to get bigger loans. Those with high scores can, at better rates, qualify for bigger loans. Those with low scores get bad terms or are turned away. In this article, we are going to share the best credit card scores. These include:
1. Chase Sapphire Preferred Card
Why we like it – Chase Ultimate Rewards points can be transferred to several frequent flyers and hotel loyalty schemes, so this card doesn’t bind you to a particular brand.
Bonus – In the first three months, you can earn 60,000 Chase Ultimate Rewards points after spending $4,000. That is $750 worth of travel.
Annual Fee – $95
Rewards – Gain the travel and dining points at restaurants twice, and gain one point on everything else.
2. Capital One Venture Rewards Credit Card
Why we like it – Your miles will not expire as long as the account is open and flights, hotel stays, car rentals, cruises, and more can be added.
Bonus –Receive 50,000 miles (equal to $500 in travel) after spending $3,000 on transactions during the initial three months after opening your account.
Annual Fee – $95 First Year waived
Rewards – Earn twice the miles per $1 spent on each order, without considering a limit or category.
3. Chase Sapphire Reserve
Why we like it –This package takes the Chase Sapphire Preferred Package you love and gives it a luxury shine.
Bonus – After investing $4,000 in the first three months, you can earn 50,000 Chase Ultimate Rewards points
Annual Fee – $550
Rewards – Pay three times the points on restaurants and hotels that are not eligible for the annual reimbursement of hotels (more on that below) and one point on everything else
4. The Platinum Card from American Express
Why we like it – Though the price does not come cheap for this card, it offers a lot of bang for your buck.
Bonus – Earn 60,000 Loyalty Rewards points after making $5,000 in transactions over the first three months using the new passport.
Annual Fee – $550
Rewards – 5X Membership Rewards points for flights directly booked with airlines or American Express travel.
5. American Express Gold Card
Why we like it – Even with an above-average annual fee, you will get high interest with this card. Note, for example, that on a pre-selected carrier, cardholders earn up to $100 in statement credit per year to cover incidentals such as baggage fees.
Bonus – Earn 35,000 Membership Rewards points after you spend $4,000 within the first three months on eligible purchases with your new card.
Annual Fee – $250
Rewards – Earn 4X Membership Rewards points for restaurant charges around the world, and 4X Membership Rewards points at the U.S.
Conclusion
Credit scores of 700 or more than 700 are generally considered good for a score with a range between 300-850. A credit score of 800 or more on the same range is deemed excellent. Higher scores offer better credit decisions and can make borrowers more assured of repaying their potential debts as decided.
