Choosing the right credit card for your everyday spending can be challenging. The best credit card for you will depend on your spending habits, budget, and goals. But we have compiled a list of the best credit cards of September, along with some tips to help you find the right card for you.
Ollo Rewards from The Bank of Missouri - Best Credit Card for Poor Credit of September 2023
The Ollo Rewards Credit Card provides a 2% Cash Back on purchases made at gas stations, grocery stores, and drugstores, and a 1% Cash Back on all other types of purchases. The Annual Percentage Rate (APR) for both regular purchases and balance transfers ranges from 23.99% - 28.99%, and this rate can vary. The card has an annual fee that falls within the range of $0 - $39.
Upgrade Triple Cash Rewards Visa® Credit Card - Best Credit Card for Fair Credit of September 2023
With the Upgrade Triple Cash Rewards Visa® Credit Card, you can enjoy a 3% Cash Back on purchases related to home, auto, and health, while earning 1% Cash Back on all other types of purchases. Once you open a Rewards Checking Plus account and complete 3 debit card transactions, you'll be eligible for a $200 bonus.
The card features an Annual Percentage Rate (APR) that falls within the range of 14.99% - 29.99%, considered the regular APR. Applying online for the card also allows you to access a credit line ranging from $500 to $25,000.
Divvy from Cross River Bank - Best Credit Card for Good Credit of September 2023
The Divvy Card lets you earn rewards at a range of 1x - 7x, ensuring flexibility in your earnings.
Enjoy 2x - 7x rewards when dining at restaurants, 2x - 5x rewards on hotel expenditures. Receive 1.5x - 2x rewards for recurring software subscription payments.
Earn 1x - 1.5x rewards on all your other purchases. However, it's important to note that the card doesn't include a sign-up bonus.
Accumulated points can be conveniently redeemed for various options, including travel, gift cards, statement credits, or straightforward cash back.
Capital One Spark Cash Select for Excellent Credit - Best Credit Card for Excellent Credit of September 2023
For those with excellent credit, the Capital One Spark Cash Select Card presents an enticing offer. Upon spending $4,500 on purchases within the initial 3 months of opening your account, you'll be rewarded with a substantial $500 cash bonus.
When it comes to your expenditures, the card grants you the advantage of 5% Cash Back on reservations made for hotels and rental cars through Capital One Travel. Furthermore, every purchase you make for your business will result in a reliable 1.5% Cash Back.
An appealing aspect of the Capital One Spark Cash Select for Excellent Credit is its absence of an annual fee.
As for the card's Annual Percentage Rate (APR), it fluctuates between 18.49% - 24.49%, offering variability in accordance with market conditions.
How to Choose the Best Credit Card
- Assessing Spending Patterns: Start by evaluating your spending tendencies and financial objectives to pinpoint the card category that aligns most effectively with your needs.
- Gauging Credit Score: Before applying for a credit card, it's prudent to examine your credit score. Cards offering enhanced rewards and an array of perks generally necessitate a higher credit score.
- Opting for Ideal Rewards: Prioritize selecting the card that provides rewards most attuned to your lifestyle. These rewards can span cashback, points, or miles. Some cards cater specifically to travel, dining, or fuel expenses, while others maintain a consistent reward rate across all purchases.
- Considering Fees: Take into account potential annual fees associated with credit cards. Cards with elevated annual fees usually deliver more extensive benefits.
- Annual Percentage Rates (APR): If you anticipate carrying a balance from month to month, opt for cards featuring a lower annual percentage rate (APR). It's important to note that numerous credit cards come with higher interest rates, emphasizing the necessity of aligning your choice with your circumstances.
- Value-Added Advantages: Choose credit cards that come with supplementary advantages, such as travel insurance, extended warranties, or purchase protection. When reaching a decision, factor in the worth and utility of these attributes.
- Evaluating Card Issuer Reputation: Conduct research into the card issuer's customer service standing and evaluate the ratings of their mobile application. Exceptional customer service and user-friendly tools can significantly enhance your overall credit card encounter.
Conclusion
When choosing a credit card, it is important to consider your goals, how you will track your spending, and how you will pay off your balance. The best way to find the right credit card is to identify the features that are most important to you and then compare all of the available offers.