The summer season is a great time to explore the best credit cards, each offering a unique set of travel perks and rewards that meet your financial needs. Our list of the best credit cards has something exceptional for you.
WebBank Petal® 1 "No Annual Fee" Visa® - Best Credit Card for No history/Poor Credit of July 2023
If you're searching for a credit card with a high limit and have bad credit, the Petal® 1 "No Annual Fee" Visa® Card could be the perfect choice for you.
This card offers credit limits ranging from $300 to $5,000, which is quite impressive considering it has no annual fee and no deposit requirement. You can earn cash back rewards ranging from 2% to 10% at select merchants. However, it's important to note that the card's APR can be relatively high, ranging from 25.24% - 34.74%.
Upgrade Triple Cash Rewards Visa® Credit Card - Best Credit Card for Fair Credit of July 2023
With the Upgrade Triple Cash Rewards Visa® Credit Card, you can enjoy the benefits of earning cash back on your purchases. This card offers a generous 3% cash back on home, auto, and health purchases, making it a great option for those looking to save on essential expenses. For all other purchases, you can still earn 1% cash back, adding to your overall savings.
As for the card's annual percentage rate (APR), the Upgrade Triple Cash Rewards Visa® Credit Card offers a range of 14.99% - 29.99% (Regular).
Chase Freedom Unlimited® Credit Card - Best Credit Card for Good Credit of July 2023
The Chase Freedom Unlimited® card is a fantastic option for earning cash back on all your purchases, with additional bonus categories to maximize your rewards. With this card, you'll enjoy an unlimited 1.5% cash back on every dollar spent. Additionally, you can earn 5% cash back on travel purchases made through Chase Ultimate Rewards, 3% cash back on drugstore purchases and dining at restaurants (including take-out and eligible delivery services).
New cardholders can also take advantage of a $200 sign-up bonus. Simply spend $500 within the first three months of opening your account to qualify for this attractive bonus.
There is no annual fee, allowing you to enjoy the benefits of the card without any additional costs. Additionally, the card offers a 15-month 0% APR introductory period on both purchases and balance transfers, providing a valuable opportunity to save on interest. After the introductory period, a variable APR of 20.49% - 29.24% will be applied.
Chase Sapphire Preferred® Credit Card - Best Credit Card for Excellent Credit of July 2023
The Chase Sapphire Preferred® credit card stands out as one of the top choices for earning travel points. With an annual fee of $95 and a variable APR ranging from 21.49% - 28.49%, this card offers an excellent rewards program without foreign transaction fees.
New cardholders can enjoy an enticing welcome bonus of 60,000 bonus points by spending $4,000 on purchases within the first three months of card membership. This bonus is equivalent to $750 when redeemed for travel through Chase Ultimate Rewards. You can earn 5x total points on travel booked through Chase Ultimate Rewards and 2x points on other travel purchases. Furthermore, you'll earn 3x points on eligible grocery purchases, select streaming services, and dining (including eligible delivery services, takeout, and dining out). For all other purchases, you'll earn 1x points.
Key Factors to Consider when Choosing a Credit Card in July 2023
When choosing a credit card in June 2023, there are several key factors to consider in order to make the right choice.
- First, take a close look at the rewards program offered by the card, including any bonus categories or cash back rates. Take into account your spending habits and determine which rewards best fit your needs and preferences.
- Take into account the annual fee associated with the card and assess whether the benefits and rewards outweigh that cost.
- It's also important to consider the interest rate on your credit card, especially if you plan to keep a balance.
- Look for competitive interest rates and any promotional APR offers.
- Finally, look into additional card features and benefits, such as travel benefits, purchase protection and extended warranties.
Conclusion
In conclusion, exploring the best credit cards of July 2023 provides a valuable opportunity to gain insights into the wide range of financial tools available. These credit cards can help you save money, earn rewards, and establish a solid foundation for a secure future.
With the knowledge gained from this article, you can make an informed decision and choose the credit card that best aligns with your financial goals and needs.