Rewards, No Annual Fee, Daily use
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On Capital One‘s site

Best Credit Cards for Large Purchases of November 2022

Probably all of us have to make big purchases from time to time. It could be something you've planned, like a new laptop you've been thinking about for a few months, or something unplanned, like your fridge breaking down out of the blue. If you don't have a big pile of cash or another form of savings just lying around waiting to be used – you're not the only one! Luckily, with a little bit of research and strategy, you can find the best and most affordable way to finance your purchase. A new credit card might be what you need. Depending on the card and your needs, you can earn rewards on your purchase, get a hefty sign-up bonus, or pay off your purchase interest-free. In this article, we’ll help you find the right credit card that perfectly fits your situation. Read about the best credit cards for a large purchase and tips about how to make the most of them.

By Hanna Volkava
Updated November 29, 2022

Best Credit Cards for Big purchase in November 2022

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Capital One VentureOne Rewards Credit Card best for Rewards, No Annual Fee, Daily use

VentureOne Rewards Capital One
Annual fee:
$0
Regular APR:
17.99% - 27.99% Variable
Our Rating:
4.72
scorer
Credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 5x Miles per dollar on hotels and rental cars booked through Capital One Travel.
    • 1.25x Miles per dollar on all purchases.
  • Intro Offer:
    • 20,000x Bonus miles once you spend $500 on purchases within the first 3 months from account opening.
  • Purchase Intro APR:
    0% Introductory APR for the first 15 months that your account is open, 17.99% - 27.99% variable APR after that
  • Balance Transfer APR:
    17.99% - 27.99% Variable
  • Issuer name:
    Capital One
  • Details:

    The Capital One VentureOne Credit Card offers 1.25x miles per dollar on every purchase, plus 5x miles per dollar on hotels and rental cars booked through Capital One Travel.

    Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening. The card also offers a 0% intro on purchases and balance transfers for 15 months, 17.99% - 27.99% variable APR applies after that.

    The Card doesn't charge an annual fee. The card has a balance transfer fee of 3% (none for balances transferred at the Transfer APR).

  • Pros:
    • No annual fee
    • No Foreign Transaction Fee
    • 15-month 0% APR intro offer
    • Bonus for New Members
  • Cons:
    • Lower Reward Rates
    • High APR
  • Benefits:
    • 20,000 bonus miles (once you spend $500 on purchases within the first 3 months from account opening);
    • 5x miles on hotels and car rentals;
    • 1.25x miles per dollar on every purchase;
    • $0 Fraud Liability;
    • The Eno assistant;
    • Auto Rental Collision Damage Waiver;
    • Travel Accident Insurance;
    • Transfer Your Miles;
    • Capital One Shopping;
    • Shop With Your Rewards;
    • Emergency Card Replacement;
    • 24/7 Customer Service;
    • Premier Culinary Experiences;
    • Must-See Music Events;
    • Big-time Sports Events.
View all VentureOne Rewards details
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On Capital One‘s site
Card detail

Capital One SavorOne Cash Rewards Credit Card best for Cash Back, 0 APR, No Annual Fee, Restaurants, Entertainment, Daily use

SavorOne Rewards Capital One
Annual fee:
$0
Regular APR:
17.99% - 27.99% Variable
Our Rating:
4.36
scorer
Credit score
Excellent (740-799)
  • Rewards Rate:
    • 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores.
    • 1% Cash Back on all other purchases.
  • Intro Offer:
    • $200 Cash bonus once you spend $500 on purchases within the first 3 months from account opening.
  • Purchase Intro APR:
    0% Introductory APR for the first 15 months that your account is open
  • Balance Transfer APR:
    17.99% - 27.99% Variable
  • Issuer name:
    Capital One
  • Details:

    The Capital One SavorOne Rewards Credit Card offers 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores, plus 1% on all other purchases. Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening.

    The SavorOne Rewards Card doesn't charge an annual fee.

    The Card has a 0% introductory APR period for 15 months on purchases and balance transfers. After that, the variable APR is 17.99% - 27.99%. The card has a balance transfer fee of 3%.

  • Pros:
    • High rewards rates on dining, entertainment, and grocery stores
    • One-time bonus
    • Introductory 0% APR on purchases
    • No annual fee
    • No foreign transaction fees
  • Cons:
    • No rewards for travel purchases
    • Excellent credit score needed
  • Benefits:
    • $200 cash bonus (once you spend $500 on purchases within the first 3 months from account opening);
    • 1% Cash Back on all other purchases;
    • No Foreign Transaction Fees;
    • Complimentary Concierge Service;
    • Extended Warranty;
    • Travel Accident Insurance;
    • 24-hour Travel Assistance Services.
View all SavorOne details
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Card detail

Capital One Venture Rewards Credit Card best for Travel, Daily use

Venture Rewards Capital One
Annual fee:
$95 annually
Regular APR:
18.99% - 26.99% Variable
Our Rating:
3.52
scorer
Credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 5x Miles per dollar on hotels and rental cars booked through Capital One Travel.
    • 2x Miles on all purchases.
  • Intro Offer:
    • 75,000x Bonus miles when you spend $4,000 on purchases in the first 3 months from account opening.
  • Balance Transfer APR:
    18.99% - 26.99% Variable
  • Issuer name:
    Capital One
  • Details:

    The Capital One Venture Rewards Credit Card offers rewards of 2 miles for every $1 spent on all purchases, plus 5 miles per dollar on hotels and rental cars booked through Capital One Travel.

    Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening.

    The Capital One Venture Rewards Credit Card's APR: 18.99% - 26.99% (Variable). The card has an annual fee of $95. The card has a balance transfer fee of 3% (none for balances transferred at the Transfer APR).

    As a travel card, your primary redemption options are to book travel through the Capital One rewards portal, receive a statement credit for recent eligible travel purchases (within the last 90 days) or transfer miles to partner airline and hotel programs.

  • Pros:
    • No Foreign Transaction Fee
    • High rewards rate
    • Flexible rewards redemption
    • Sign-up bonus
  • Cons:
    • Annual Fee
    • No intro APR offer
    • Miles transfer to airline partners is less than 1:1
  • Benefits:
    • 75,000 bonus miles (when you spend $4,000 on purchases in the first 3 months from account opening);
    • 5x miles on hotels and car rentals;
    • 2x miles on all purchases;
    • $0 Fraud Liability;
    • 24/7 Customer Service;
    • The Eno assistant;
    • 24-Hour Travel Assistance Services;
    • Global Entry or TSA Precheck Credit;
    • Auto Rental Collision Damage Waiver;
    • Travel Accident Insurance;
    • Transfer Your Miles;
    • Capital One Shopping;
    • Shop With Your Rewards;
    • Premier Culinary Experiences;
    • Big-time Sports Events;
    • Must-See Music Events.
View all Venture Rewards details
Apply now
On Capital One‘s site
Card detail

Capital One Quicksilver Cash Rewards Credit Card best for Cash Back, No Annual Fee, Daily use

Quicksilver Capital One
Annual fee:
$0
Regular APR:
17.99% - 27.99% Variable
Our Rating:
4.58
scorer
Credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 1.5% Cash Back on every purchase.
  • Intro Offer:
    • $200 Cash Bonus once you spend $500 on purchases within 3 months from account opening.
  • Purchase Intro APR:
    0% Introductory APR for the first 15 months that your account is open, 17.99% - 27.99% variable APR after that
  • Balance Transfer APR:
    17.99% - 27.99% Variable
  • Issuer name:
    Capital One
  • Details:

    The Quicksilver Credit Card from Capital One® offers 1.5% Cash Back on all purchases with a $0 annual fee. It also offers a 0% intro on purchases and balance transfers for 15 months, followed by the standard APR of 17.99% - 27.99% (Variable). The card has a balance transfer fee of 3% (none for balances transferred at the Transfer APR).

    New cardholders will have the opportunity to earn a bonus: One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening.

  • Pros:
    • No minimum redemption is required
    • No annual fee
    • No foreign transaction fees
    • Intro APR period on Purchases
    • Generous sign-up bonus
  • Cons:
    • No bonus rewards categories
    • Other cards offer longer intro APR periods and/or lower APR
    • You need a good credit score to get this card
  • Benefits:
    • $200 Cash Bonus (once you spend $500 on purchases within 3 months from account opening);
    • Unlimited 1.5% Cash Back on every purchase;
    • $0 Fraud Liability;
    • Complimentary Concierge Service;
    • Travel Accident Insurance;
    • 24-hour Travel Assistance Services;
    • Capital One Shopping;
    • Shop With Your Rewards.
View all Quicksilver details
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On Capital One‘s site
Card detail

Capital One QuicksilverOne Cash Rewards Credit Card best for Fair credit

QuicksilverOne Capital One
Annual fee:
$39 annually
Regular APR:
28.49% Variable
Our Rating:
3.64
scorer
Credit score
Fair to Good (580-739)
  • Rewards Rate:
    • 1.5% Cash Back on every purchase.
  • Balance Transfer APR:
    28.49% Variable
  • Issuer name:
    Capital One
  • Details:

    The QuicksilverOne Credit Card from Capital One gives you 1.5% Cash Back on every purchase. The Card has an annual fee of $39.

    The QuicksilverOne Card has an APR of 28.49% Variable.

  • Pros:
    • Unlimited high rewards rate
    • Average credit score required
    • Automatically considered for a higher credit line after 6 months
    • No foreign transaction fees
  • Cons:
    • Annual fee
    • High APR
    • No bonus rewards categories
  • Benefits:
    • 1.5% Cash Back;
    • No Foreign Transaction Fees;
    • Autopay;
    • $0 Fraud Liability;
    • Card Lock;
    • ATM Location Services.
View all QuicksilverOne details
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Card detail
Capital One® Quicksilver Secured Cash Rewards
Annual fee:
$0
Regular APR:
28.49% Variable
Our Rating:
3.14
scorer
Credit score
No Credit History
  • Rewards Rate:
    • 1.5% Cash Back on every purchase.
  • Balance Transfer APR:
    28.49% Variable
  • Issuer name:
    Capital One
  • Details:

    The Capital One® Quicksilver Secured Cash Rewards Credit Card offers unlimited 1.5% Cash Back on all purchases with a $0 annual fee.

    The APR for purchases and balance transfers is 28.49 Variable. The card has a balance transfer fee of 3% (none for balances transferred at the Transfer APR).

  • Pros:
    • No Annual Fee
  • Cons:
    • No Intro APR period
    • High APR
    • No welcome bonus
  • Benefits:
    • 1.5% Cash Back on every purchase;
    • $0 Fraud Liability;
    • Emergency Card Replacement;
    • Capital One® Travel.
View all Quicksilver Secured Cash Rewards details
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On Capital One‘s site
Card detail

Capital One Quicksilver Student Cash Rewards Credit Card best for International students

Quicksilver Student Cash Rewards Capital One
Annual fee:
$0
Regular APR:
17.99% - 27.99% Variable
Our Rating:
3.52
scorer
Credit score
No Credit History
  • Rewards Rate:
    • 1.5% Cash Back on every purchase.
  • Intro Offer:
    • $100 Cash bonus once you spend $100 on purchases within 3 months from account opening.
  • Balance Transfer APR:
    17.99% - 27.99% Variable
  • Issuer name:
    Capital One
  • Details:

    The Capital One Quicksilver Student Cash Rewards Credit Card is a good option for earning Cash Back on general spending. The Card earns 1.5% Cash Back on every purchase.

    The Capital One Quicksilver Student Cash Rewards Credit Card has a high interest rate of 17.99% - 27.99% (variable APR). The Card has no annual fee and no foreign transaction fees. The card has a balance transfer fee of 3% (none for balances transferred at the Transfer APR).

  • Pros:
    • No Annual Fee
    • No Foreign Transaction Fee
  • Cons:
    • High APR
    • No 0% intro APR offer
  • Benefits:
    • $100 bonus (once you spend $100 on purchases within 3 months from account opening);
    • 1.5% Cash Back on every purchase;
    • Fraud Liability;
    • Extended Warranty;
    • Travel Accident Insurance;
    • Capital One Shopping;
    • Complimentary Concierge Service;
    • 24-hour Travel Assistance Services.
View all Quicksilver Student Cash Rewards details
Apply now
On Capital One‘s site
Card detail

Upgrade Cash Rewards Visa® best for Good credit score

Upgrade Cash Rewards Visa®
Annual fee:
$0
Regular APR:
14.99% - 29.99% Regular
Our Rating:
4.35
scorer
Credit score
Fair to Excellent (580-799)
  • Rewards Rate:
    • 1.5% Cash Back on payments.
  • Intro Offer:
    • $200 Bonus when you open a Rewards Checking account and make 3 debit card transactions. *
  • Details:

    The Upgrade Cash Rewards Visa® offers 1.5% Cash Back on payments.

    Earn a $200 welcome bonus when you open a Rewards Checking account and make 3 debit card transactions (within 60 days of your Upgrade Card account opening).

    The card's APR: 14.99% - 29.99% (Regular APR).

    Read full review

  • Pros:
    • No Foreign Transaction Fee
    • No Annual fee
    • No extra fees
  • Cons:
    • No Intro APR reriod
  • Benefits:
    • $200 bonus;
    • 1.5% Cash Back;
    • Сontactless card technology.

    *To qualify for the $200 welcome bonus, you must open and fund a new Rewards Checking account and make 3 debit card transactions within 60 days of your Upgrade Card account opening. The bonus will be applied as a one-time credit to your account and will not otherwise reduce the amount of your regular monthly payments. The bonus credit will be posted to your Upgrade Card as a rewards credit within 1 - 2 billing periods following the third debit card transaction on your Rewards Checking account. Your Upgrade Card must be in good standing to receive a bonus.

View all Upgrade Cash Rewards Visa® details
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On Upgrade‘s website
Card detail
Upgrade Triple Cash Rewards Visa® Upgrade
Annual fee:
$0
Regular APR:
14.99% - 29.99% Regular
Our Rating:
3.53
scorer
Credit score
Fair to Excellent (580-799)
  • Rewards Rate:
    • 3% Cash Back on Home, Auto and Health categories.
    • 1% Cash Back on everything else.
  • Intro Offer:
    • $200 Bonus when you open a Rewards Checking account and make 3 debit card transactions (within 60 days of your Upgrade Card account opening). *
  • Details:

    The Upgrade Triple Cash Rewards Visa® Credit Card offers 3% Cash Back on home, auto and health purchase and 1% Cash Back on everything else.

    Earn a $200 welcome bonus when you open a Rewards Checking account and make 3 debit card transactions (within 60 days of your Upgrade Card account opening).

    The card's APR: 14.99% - 29.99% (Regular APR).

    Apply online and get a credit line from $500 to $25,000 with your Card.

    Read full review

  • Pros:
    • Every Purchase Earns You Cash Back
    • Increased Cash Back for Three Categories
    • Forget About Fees
    • No Limits Abroad
  • Cons:
    • You Can’t Withdraw Cash
    • Cash Back Doesn’t Satisfy Your Monthly Payments
  • Benefits:
    • $200 bonus;
    • 3% Cash Back on home, auto and health purchase;
    • 1% Cash Back on everything else;
    • Сontactless card technology.

    *To qualify for the $200 welcome bonus, you must open and fund a new Rewards Checking account and make 3 debit card transactions within 60 days of your Upgrade Card account opening. The bonus will be applied as a one-time credit to your account and will not otherwise reduce the amount of your regular monthly payments. The bonus credit will be posted to your Upgrade Card as a rewards credit within 1 - 2 billing periods following the third debit card transaction on your Rewards Checking account. Your Upgrade Card must be in good standing to receive a bonus.

View all Upgrade Triple Cash Rewards Visa® details
Apply now
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Card detail

Applied Bank® Secured Visa® Gold Preferred® Credit Card best for 18 year old

Gold Preferred® Secured Visa® Applied Bank
Annual fee:
$48 annually
Regular APR:
9.99% Fixed
Our Rating:
4.23
scorer
Credit score
No Credit History to Poor (0-579)
    • Issuer name:
      Applied Bank®
    • Details:

      The Applied Bank® Secured Visa® features a fixed-rate 9.99% APR on purchases.

      The Applied Bank® Gold Preferred® Secured Visa® Card charges several fees in addition to the $48 annual fee. Fees include an up to $38 late payment fee, an up to $38 returned payment fee, a $30 stop payment fee, a $12.95 fee for each optional payment, a $30 fee for additional or replacement cards a $50 reinstatement fee, and a 3% foreign transaction fee.

      Read full review

    • Pros:
      • Extremely low regular APR
      • No penalty rate
      • Guaranteed approval
      • Increase your credit limit
    • Cons:
      • No rewards system
      • A lot of fees
      • Can’t upgrade to an unsecured credit card
      • No grace period
    • Benefits:
      • Reports to All Three National Credit Bureaus;
      • Zero Fraud Liability;
      • Refundable Security Deposit;
      • Global acceptance;
      • Emergency card replacement and cash disbursement.
    View all Secured Visa® Gold Preferred® Credit Card details
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    On Applied Bank®‘s site
    Card detail
    First Progress Platinum Prestige Mastercard® Secured Synovus Bank
    Annual fee:
    $49 annually
    Regular APR:
    13.74% Variable
    Our Rating:
    3.8
    scorer
    Credit score
    No Credit History to Fair (0-669)
      • Issuer name:
        Synovus Bank
      • Details:

        The First Progress Platinum Prestige Mastercard® Secured Credit Card is a secured credit card for people with a limited credit history.

        The First Progress Platinum Prestige Mastercard® doesn’t earn a welcome bonus.

        The First Progress Platinum Prestige Mastercard® comes with an annual fee of $49. The card's APR: 13.74% (Variable for purchases), 22.74% (Variable for cash advances).

        First Progress reports to all three major credit agencies, so even if you have bad credit, you’ll be able to improve on your credit standing provided you use your card responsibly.

        Read full review

      • Pros:
        • Low APR for Purchases
        • No Minimum Credit Score Required
        • Reports to Three Major Credit Bureaus
        • Suitable Range of Credit Limit
      • Cons:
        • High Annual Fee
        • High Transaction Fees on Cash Advance
        • High Penalty Fees
        • No Bonuses or Rewards
        • Foreign Transaction Fees
        • Unavailability of Card for Certain Geographies in the US
      • Benefits:
        • Accepted Nationwide;
        • No Minimum Credit Score;
        • No Credit History Required.
      View all First Progress Platinum Prestige Mastercard® Secured details
      Apply now
      On First Progress’s site
      Card detail

      Celtic Bank Deserve EDU best for Cash Back, Without SSN, Student

      Deserve EDU Celtic Bank
      Annual fee:
      $0
      Regular APR:
      22.49% Variable
      Our Rating:
      3.5
      scorer
      Credit score
      No Credit History to Excellent (0-799)
      • Rewards Rate:
        • 1% Cash Back on all purchases with your Deserve EDU Mastercard. Once approved, you'll automatically start earning Cash Back on all purchases.
      • Issuer name:
        Celtic Bank
      • Details:

        The Deserve EDU Card makes it easy for students to start building credit.

        The Card's APR is 22.49% (Variable APR). The late payment is up to $25, while the returned payment is up to $37. Balance transfers and cash advances are not available.

        Students who make purchases totaling $500 within the first three statement cycles of card membership qualify to have their Amazon Prime Student subscription reimbursed (a $59 value).

        Students spend a significant amount on school supplies, textbooks and gear each year, and the Deserve EDU Mastercard can earn Cash Back on all of these purchases.

        Read full review

      • Pros:
        • No prior credit history required
        • No SSN Required
        • No Annual Fee
        • No
        • Transactions Fees
        • No Co-Signer/ Deposit Required
      • Cons:
        • Relatively High APR
        • Fairly Low Rewards
        • Only for Students
      • Benefits:
        • Cellphone Protection;
        • Collision Damage Waiver;
        • Concierge Service;
        • No International Transaction Fees;
        • Priority Pass™ Membership;
        • Mastercard Benefits;
        • No Social Security Number required for international students to apply.
      View all Deserve EDU details
      Apply now
      On Celtic Bank‘s site
      Card detail

      WebBank Petal® 1 "No Annual Fee" Visa® best for For bad credit

      Petal® 1 "No Annual Fee" Visa® WebBank
      Annual fee:
      $0
      Regular APR:
      22.99% - 32.49% Variable
      Our Rating:
      4.34
      scorer
      Credit score
      No Credit History to Good (0-739)
      • Rewards Rate:
        • 2% - 10%:
        • Cash Back at select merchants.
      • Issuer name:
        WebBank
      • Details:

        The Petal® 1 "No Annual Fee" Visa® Card earns 2% - 10% Cash Back from select merchants.

        The Petal® 1 Card has no annual fee. The card's APR for purchases: 22.99% to 32.49% (Variable).

        The Petal® 1 "No Annual Fee" Visa® Card does not charge an annual fee or fee for foreign transactions.

        Read full review

      • Pros:
        • No Annual Fee
        • No Foreign Transaction Fee
      • Cons:
        • No welcome bonus
        • No intro APR period
      • Benefits:
        • 2 - 10% Cash Back;
        • Zero liability fraud protection;
        • $300 - $5,000 credit limits.
      View all Petal® 1 "No Annual Fee" Visa® details
      Apply now
      On WebBank‘s site
      Card detail
      Upgrade Bitcoin Rewards Sutton Bank
      Annual fee:
      $0
      Regular APR:
      14.99% - 29.99% Regular
      Our Rating:
      4.2
      scorer
      Credit score
      Good to Excellent (670-799)
      • Rewards Rate:
        • 1.5% Cash Back in bitcoin when you make payments.
      • Intro Offer:
        • $200 Bonus when you open a Rewards Checking account and make 3 debit card transactions.
      • Issuer name:
        Sutton Bank
      • Details:

        The Upgrade Bitcoin Rewards Visa® Credit Card earns 1.5% Cash Back in the form of bitcoin when you make your monthly payments. Earn a $200 welcome bonus when you open a Rewards Checking account and make 3 debit card transactions (within 60 days of your Upgrade Card account opening).

        The Upgrade Bitcoin Rewards Visa® Credit Card has no annual fee. The Card's APR: 14.99% - 29.99% (Regular).

        Read full review

      • Pros:
        • No Annual Fee
        • No Foreign Transaction Fee
      • Cons:
        • The Card cannot be used at an ATM
      • Benefits:
        • $200 bonus;
        • 1.5% back in bitcoin when you make payments;
        • Credit lines from $500 to $25,000;
        • Affordable monthly payments with no annual fee.

        *To qualify for the $200 bitcoin welcome bonus, you must open and fund a new Rewards Checking Account and make 3 debit card transactions within 60 days of your Upgrade Card account opening. The value of the $200 bonus will be based on the value of bitcoin at the time it is purchased (within 1 - 2 statement periods from the date the bonus is earned) and may change in price by the time you choose to sell it Refer to Program Terms. Your Upgrade Card must be in good standing to receive a bonus.

      View all Upgrade Bitcoin Rewards details
      Apply now
      On Sutton Bank‘s site
      Card detail
      Capital One® Spark Cash Plus
      Annual fee:
      $150 annually
      Regular APR:
      None *
      Our Rating:
      3.62
      scorer
      Credit score
      Excellent (740-799)
      • Rewards Rate:
        • 5% Cash Back on hotels and rental cars booked through Capital One Travel.
        • 2% Cash Back for your business on every purchase.
      • Intro Offer:
        • $1,000 Earn up to $1,000 in the first 6 months, $500 once you spend $5,000 in the first 3 months and $500 once you spend $50,000 in the first 6 months.
      • Purchase Intro APR:
        None *
      • Balance Transfer APR:
        None *
      • Issuer name:
        Capital One
      • Details:

        The Capital One® Spark Cash Plus Credit Card earns 5% Cash Back on hotels and rental cars booked through Capital One Travel and 2% Cash Back on every purchase.

        The Card has no APR because your balance is due in full every month.

        Earn up to $1,000 in the first 6 months, $500 once you spend $5,000 in the first 3 months and $500 once you spend $50,000 in the first 6 months.

        The Card's annual fee is $150.

      • Pros:
        • No foreign transaction fees
      • Cons:
        • Annual Fee
      • Benefits:
        • Up to $1,000 in the first 6 months;
        • $200 cash bonus every year you spend $200,000 or more;
        • 5% Cash Back on hotels and rental cars booked through Capital One Travel;
        • 2% Cash Back on every purchase;
        • Roadside Assistance;
        • Free Employee Cards;
        • Extended Warranty;
        • $0 Fraud Liability.
      View all Spark Cash Plus details
      Apply now
      On Capital One‘s site
      Card detail
      Capital One® Spark® Cash Select
      Annual fee:
      $0
      Regular APR:
      16.24% - 22.24% Variable
      Our Rating:
      5
      scorer
      Credit score
      Excellent (740-799)
      • Rewards Rate:
        • 5% Cash Back on hotels and rental cars booked through Capital One Travel.
        • 1.5% Cash Back for your business on every purchase, everywhere, no limits or category restrictions.
      • Intro Offer:
        • $500 Cash bonus once you spend $4,500 on purchases within the first 3 months from account opening.
      • Balance Transfer APR:
        16.24% - 22.24% Variable
      • Issuer name:
        Capital One
      • Details:

        The Capital One® Spark® Cash Select Credit Card earns a $500 cash bonus once you spend $4,500 on purchases within the first 3 months from account opening. The Card offers 5% Cash Back on hotels and rental cars booked through Capital One Travel, 1.5% Cash Back for your business on every purchase.

        The Spark® Cash Select Card doesn't charge an annual fee.

        The card's APR is 16.24% - 22.24%.

      • Pros:
        • No Annual Fee
        • No Foreign Transaction Fee
      • Cons:
        • No Intro APR period
      • Benefits:
        • $500 cash bonus (once you spend $4,500 on purchases within the first 3 months from account opening);
        • 5% Cash Back on hotels and rental cars booked through Capital One Travel;
        • 1.5% Cash Back for your business on every purchase;
        • $0 Fraud Liability;
        • Free Employee Cards;
        • Roadside Assistance.
      View all Spark® Cash Select details
      Apply now
      On Capital One‘s site
      Card detail
      Divvy Cross River Bank
      Annual fee:
      $0
      Regular APR:
      None
      Our Rating:
      4.04
      scorer
      Credit score
      Fair to Excellent (580-799)
      • Rewards Rate:
        • 2x - 7x:
        • Points on restaurants.
        • 2x - 5x:
        • Points on hotels.
        • 1.5x - 2x:
        • Points on recurring software subscriptions.
        • 1x - 1.5x:
        • Points on everything else.
      • Issuer name:
        Cross River Bank
      • Details:

        The Divvy Card is a corporate credit card.

        The Divvy Card earns 1-7x rewards, but it doesn't offer a sign-up bonus.

        Points can be redeemed for travel, gift cards, statement credits or cash back.

        Read full review

      • Pros:
        • No fees
        • Rewards
      • Cons:
        • No sign-up bonus
      • Benefits:
        • Unlimited creation of virtual cards;
        • Scalable credit line;
        • Employee cards for everyone;
        • Enforceable budgets;
        • Expense reports.
      View all Divvy details
      Apply now
      On Cross River Bank‘s site
      Card detail

      Chase Freedom Unlimited® best for Cash Back, 0 APR, No Annual Fee, Daily use

      Chase Freedom Unlimited®
      Annual fee:
      $0
      Regular APR:
      17.24% - 25.99% Variable
      Our Rating:
      5
      scorer
      Credit score
      Good to Excellent (670-799)
      • Rewards Rate:
        • 5% Cash Back on travel purchased through Chase Ultimate Rewards.
        • 3% Cash back on dining at restaurants, including takeout and eligible delivery services.
        • 3% Cash Back on drugstore purchases.
        • 1.5% Cash Back on all other purchases.
      • Intro Offer:
        • $200 Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
        • 5% Cash Back on gas station purchases on up to $6,000 spent in the first year.
      • Purchase Intro APR:
        0% Intro APR for the first 15 months that your Account is open
      • Balance Transfer APR:
        17.24% - 25.99% Variable
      • Issuer name:
        Chase
      • Details:

        The Chase Freedom Unlimited® Credit Card offers 0% introductory APR period (17.24% to 25.99% Variable after that) and a sign-up bonus that’s worth far more than most Cash-Back cards offer — all for an annual fee of $0.

        The card offers 5% back on travel booked through Chase, 3% Cash Back on restaurants and drugstore purchases and 1.5% back on other purchases.

        Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening. And earn 5% cash back on gas station purchases on up to $6,000 spent in the first year.

      • Pros:
        • No Annual Fee
        • Generous rewards
        • 0% intro APR
        • Sign-up bonus
      • Cons:
        • Foreign Transaction Fee
      • Benefits:
        • Zero Liability Protection;
        • $200 intro bonus;
        • 5 percent Cash Back on all travel purchased via the Chase Ultimate Rewards portal;
        • 3 percent back on dining;
        • 3 percent back at drugstores;
        • 1.5 percent Cash Back on general purchases;
        • Auto Rental Collision Damage Waiver;
        • Trip Cancellation/Interruption Insurance;
        • Travel and Emergency Assistance Services;
        • 24/7 Fraud Protection;
        • Redeem for Cash Back;
        • Gift cards.
      Card detail

      Chase Sapphire Preferred® best for Travel, Restaurants, Daily use

      Chase Sapphire Preferred®
      Annual fee:
      $95 annually
      Regular APR:
      18.24% - 25.24% Variable
      Our Rating:
      4.4
      scorer
      Credit score
      Good to Excellent (670-799)
      • Rewards Rate:
        • $50 Earn up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Ultimate Rewards®.
        • 5x Points on travel purchased through Chase Ultimate Rewards®, excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit.
        • 3x Points on dining, including eligible delivery services, takeout and dining out.
        • 3x Points on online grocery purchases (excluding Target, Walmart and wholesale clubs).
        • 3x Points on select streaming services.
        • 2x Points on other travel purchases.
        • 1x Point per dollar spent on all other purchases.
      • Intro Offer:
        • 60,000x Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when redeemed through Chase Ultimate Rewards®.
      • Balance Transfer APR:
        18.24% - 25.24% Variable
      • Issuer name:
        Chase
      • Details:

        The Chase Sapphire Preferred® Credit Card offers 5x points on travel (purchased through Chase Ultimate Rewards®, excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit), 3x on dining, online grocery purchases and select streaming services, 2x on travel.

        Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when redeemed through Chase Ultimate Rewards®.

        The Chase Sapphire Preferred® has a $95 annual fee. The card’s variable APR is 18.24% to 25.24%.

        My Chase PlanSM Fee is 1.72% (monthly fee) of the amount of each eligible purchase transaction or amount selected to create a My Chase Plan. The My Chase Plan Fee will be determined at the time each My Chase Plan is created and will remain the same until the My Chase Plan is paid in full.

      • Pros:
        • Excellent sign-up bonus
        • No foreign transaction fees
        • 25% more redemption value
        • Unique “My Chase Plan” offer
        • Great Referral Program
      • Cons:
        • There is an annual fee
        • Steep penalty APR of 29.99%
        • No 0% intro APR offer
      • Benefits:
        • 60,000 Bonus Points;
        • $50 in statement credits;
        • 5x points on travel;
        • 3x points on dining;
        • 3x points on online grocery purchases;
        • 3x points on select streaming services;
        • 2x points on other travel purchases;
        • 25% more redemption value;
        • 1:1 Point Transfer;
        • Trip Cancellation/Interruption Insurance;
        • Auto Rental Collision Damage Waiver;
        • Baggage Delay Insurance;
        • Travel and Emergency Assistance Services.
      Card detail

      Capital One Savor Rewards Credit Card best for Restaurants, Entertainment

      Capital One® Savor Cash Rewards
      Annual fee:
      $95 annually
      Regular APR:
      18.99% - 26.99% Variable
      Our Rating:
      3.52
      scorer
      Credit score
      Excellent (740-799)
      • Rewards Rate:
        • 4% Cash Back on dining and entertainment and popular streaming services.
        • 3% Cash Back at grocery stores.
        • 1% Cash Back on all other purchases.
      • Intro Offer:
        • $300 Cash Bonus once you spend $3,000 on purchases within 3 months from account opening.
      • Balance Transfer APR:
        18.99% - 26.99% Variable
      • Issuer name:
        Capital One
      • Details:

        The Capital One® Savor Rewards Credit Card has a generous welcome offer. Earn a one-time $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening.

        The Card offers 4% Сash Back on dining, entertainment and popular streaming services, plus 3% back at grocery stores and 1% back on everything else.

        The APR for purchases and balance transfers is 18.99% - 26.99% Variable.

        The Capital One® Savor Rewards also charges a $95 annual fee and up to a $40 fee for late payments. The card has a balance transfer fee of 3% (none for balances transferred at the Transfer APR).

      • Pros:
        • High rewards rate on entertainment and dining
        • Decent welcome offer
        • No fees for foreign transactions
        • Access to special entertainment, events and dining
      • Cons:
        • No intro APR on purchases or balance transfers
        • Annual fee
      • Benefits:
        • $300 Cash Bonus (once you spend $3,000 on purchases within 3 months from account opening);
        • 4% Cash Back on dining and entertainment and popular streaming services;
        • 3% Cash Back at grocery stores;
        • 1% Cash Back on all other purchases;
        • Extended Warranty;
        • $0 Fraud Liability;
        • Travel Accident Insurance;
        • Complimentary Concierge Service;
        • 24-hour Travel Assistance Services;
        • Shop With Your Rewards.
      Card detail

      Chase Sapphire Reserve® best for Travel, Restaurants, Daily use

      Chase Sapphire Reserve® Chase
      Annual fee:
      $550 annually ($75 for each authorized user)
      Regular APR:
      19.24% - 26.24% Variable
      Our Rating:
      3.99
      scorer
      Credit score
      Excellent (740-799)
      • Rewards Rate:
        • 10x Points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually.
        • 10x Total points on Chase Dining purchases with Ultimate Rewards®.
        • 5x Total points on flights when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually.
        • 3x Points on other travel worldwide after the first $300 is spent on travel purchases annually.
        • 3x Points on other dining at restaurants, including eligible delivery services, takeout and dining out.
        • 1x Point per dollar spent on all other purchases.
      • Intro Offer:
        • 60,000x Bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®.
      • Balance Transfer APR:
        19.24% - 26.24% Variable
      • Issuer name:
        Chase
      • Details:

        Earning rewards with the Chase Sapphire Reserve® Credit Card is very straightforward.

        The card’s variable APR is 19.24% to 26.24%.

        The Chase Sapphire Reserve® has a $550 annual fee.

        New cardmembers can earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®.

        The Chase Sapphire Reserve® offers 10x total points on Chase Dining, 10x total points on hotels and car rentals (when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually), 5x total points on flights (when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually), 3x points on other travel worldwide (after the first $300 is spent on travel purchases annually), 3x points on other dining at restaurants, including eligible delivery services, takeout and dining out.

        Transfer your points to leading airline and hotel loyalty programs at 1 to 1 value. That means 1,000 Chase Ultimate Rewards points equal 1,000 partner miles/points.

        Cardmembers receive a $300 credit each card anniversary to be used toward travel. This credit is applied as a statement credit for travel purchases automatically. The card also offers a $100 statement credit every four years toward the Global Entry or TSA PreCheck® Fee.

      • Pros:
        • Generous signup offer
        • Annual $300 travel credit
        • High travel and dining rewards
        • Transfer points to loyalty programs
        • Increase point value by 50%
      • Cons:
        • Typically requires excellent credit
        • High annual fee
      • Benefits:
        • 60,000 bonus points;
        • 10x total points on hotels and car rentals;
        • 10x total points on Chase Dining purchases;
        • 5x total points on flights;
        • 3x points on other travel;
        • 3x points on other dining;
        • $300 Annual Travel Credit;
        • Zero liability protection;
        • 50% more redemption value;
        • Global Entry or TSA Pre✓® Fee Credit ;
        • Complimentary Airport Lounge Access;
        • The Luxury Hotel & Resort Collection;
        • Trip Cancellation/Interruption Insurance;
        • Auto Rental Collision Damage Waiver;
        • Lost Luggage Reimbursement;
        • Emergency Evacuation & Transportation.
      Card detail

      Citi Double Cash best for Cash Back, No Annual Fee, Daily use

      Double Cash Citi
      Annual fee:
      $0
      Regular APR:
      17.74% - 27.74% Variable
      Our Rating:
      4.55
      scorer
      Credit score
      Good to Excellent (670-799)
      • Rewards Rate:
        • 2% Cash Back on every purchase with unlimited 1% Cash Back when you buy, plus an additional 1% as you pay for purchases.
      • Intro Offer:
        • $200 Cash Back after spending $1,500 on purchases in the first 6 months of account opening.
      • Balance Transfer APR:
        17.74% - 27.74% Variable
      • Issuer name:
        Citi
      • Details:

        The Citi® Double Cash Credit Card offers a few concrete ways in which you can better your financial situation, improve your credit card habits and enjoy cash back rewards without the fuss of tracking rotating categories.

        Earn 2% Cash Back on every purchase with unlimited 1% Cash Back when you buy, plus an additional 1% as you pay for purchases. For a limited time earn $200 cash back after spending $1,500 on purchases in the first 6 months of account opening.

        The Citi® Double Cash offers a 0% percent (for 18-months) introductory APR offer on balance transfers (17.74 percent to 27.74 percent variable APR after).

        The Citi Double Cash extends a myriad of security and fraud protections.

      • Pros:
        • Flat-rate Cash Back Rewards on Everything
        • High Rewards Rate
        • No annual fee
        • Attractive Intro APR on Balance Transfers
      • Cons:
        • Losing your 1% Cash-Back Is Pretty Easy
        • Foreign transaction fee
        • Balance Transfer Fee
      • Benefits:
        • Citi Entertainment;
        • 2% Cash Back on every purchase;
        • Fraud Protection;
        • The Lost Wallet Service;
        • $0 Liability for Unauthorized Charges.
      Card detail

      Chase Ink Business Preferred® best for Without SSN, Daily use

      Ink Business Preferred® Chase
      Annual fee:
      $95 annually
      Regular APR:
      15.99% - 20.99% Variable
      Our Rating:
      4.57
      scorer
      Credit score
      Good to Excellent (670-799)
      • Rewards Rate:
        • 3x Points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year.
        • 1x Point per $1 on all other purchases.
      • Intro Offer:
        • 100,000x Bonus points after you spend $15,000 on purchases in the first 3 months after account opening. That's $1,000 Cash Back or $1,250 toward travel rewards when you redeem through Chase Ultimate Rewards®.
      • Balance Transfer APR:
        15.99% - 20.99% Variable
      • Issuer name:
        Chase
      • Details:

        The Ink Business Preferred® Credit Card from Chase is a good fit for business owners who spend a lot of money on travel, shipping, internet, cable and phone services, and advertising purchases.

        Earn 100.000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That’s $1,000 Cash Back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®.

        Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases. Redeem points for Cash Back, gift cards, travel and more – your points don’t expire as long as your account is open.

        The card's APR: 15.99 % to 20.99 % (Variable). The APR for Cash Advance: 24.99%.

        The Ink Business Preferred® Credit Card's Penalty APR: up to 29.99%.

        While the biggest fee is the $95 annual fee, there are also other fees to be aware of such as the late or returned payment fee of $39. Balance transfers are charged at $5 or 5 percent for each transfer, whichever is greater. Cash advances cost $15 or 5 percent, whichever is greater.

        The Ink Business Preferred® Credit Card pays up to $600 per claim for damage or theft of cell phones for you and your employees when the bill is paid using your card. There’s a maximum of three claims in a 12-month period, and there is a $100 deductible for each claim.

        Trip cancellation and interruption insurance reimburses you up to $5,000 per trip (including passenger fares, tours and hotels) when your trip is canceled due to sickness, severe weather conditions and other qualifying scenarios.

        As part of the Visa network, the card is broadly accepted by merchants worldwide. It also doesn’t charge foreign transaction fees, which will save you money on your overseas purchases.

      • Pros:
        • 3x Bonus
        • Relatively Low Annual Fee
        • Cards for Employees at No Additional Cost
        • High Sign-Up Bonus
        • No Foreign Transaction Fees
      • Cons:
        • High Spending Minimum for Sign up Bonus
        • High APR
      • Benefits:
        • 100,000 bonus points;
        • 3x points on travel and select business categories;
        • 1x point on all other purchases;
        • $0 Fraud Liability;
        • Extended warranties;
        • Employee cards at no additional cost;
        • Build your business credit;
        • 25% more in travel redemption;
        • 1:1 Points Transfer;
        • Gift Cards;
        • Apple® Ultimate Rewards Store;
        • Trip Cancellation/Trip Interruption Insurance;
        • Roadside Dispatch;
        • Auto Rental Collision Damage Waiver;
        • Cell Phone Protection.
      Card detail

      U.S. Bank Visa® Platinum Card best for 0 APR, No Annual Fee

      U.S. Bank Visa® Platinum
      Annual fee:
      $0
      Regular APR:
      18.24% - 28.24% Variable
      Our Rating:
      3.65
      scorer
      Credit score
      Good to Excellent (670-799)
      • Purchase Intro APR:
        0% Introductory APR for the first 18 billing cycles
      • Balance Transfer APR:
        18.24% - 28.24% Variable
      • Issuer name:
        US bank
      • Details:

        The U.S. Bank Visa® Platinum Credit Card is a good 0% intro APR card.

        The Visa® Platinum Card doesn't charge an annual fee.

        The Card has a 0% introductory APR period for 18 billing cycles on purchases and balance transfers made within 60 days of account opening. After that, the variable APR is 18.24% to 28.24%.

        Cardholders who pay their cell phone bill every month with the U.S. Bank Visa® Platinum Card will receive this benefit. Get up to $600 reimbursement if your cell phone is stolen or damaged when you pay your monthly cell phone with your card.

      • Pros:
        • Great introductory APR
        • No Penalty APR
        • No Annual Fee
        • Excellent Cell Phone Protection Coverage
        • Flexible payment date
      • Cons:
        • No Rewards
        • No Welcome Bonus
        • Foreign Transaction Fee
      • Benefits:
        • Cell phone protection;
        • Auto pay & due date choice;
        • ID Navigator Powered by NortonLifeLock.
      Card detail

      American Express® Gold Card best for Cash Back

      American Express® Gold Card
      Annual fee:
      $250 annually
      Regular APR:
      19.74% - 26.74% Variable
      Our Rating:
      3.13
      scorer
      Credit score
      Good to Excellent (670-799)
      • Rewards Rate:
        • 4x Points on dining at restaurants worldwide, plus takeout and delivery in the U.S.
        • 4x Points on groceries at U.S. supermarkets on up to $25,000 in purchases per year.
        • 3x Points on flights.
        • 1x Points on other eligible purchases.
      • Intro Offer:
        • 60,000x Membership Rewards® Points after you spend $4,000 on purchases on your new Card in your first 6 months of Card Membership.
      • Purchase Intro APR:
        0% Introductory APR for the first 6 months from the date of account opening
      • Issuer name:
        American Express®
      • Details:

        The American Express® Gold Credit Card's annual fee is $250. The card offers 4x points on dining (at restaurants worldwide, plus takeout and delivery in the U.S.) and groceries (at U.S. supermarkets on up to $25,000 in purchases per year), 3x on flights and 1x on all other purchases.

        The Card has a 0% introductory APR period for 6 months on purchases. After that, the variable APR is 19.74% - 26.74%.

        As a new cardholder, you have the chance to earn an impressive 60,000 Membership Rewards Points after spending $4,000 in purchases within your first six months. New cardholders will also have the chance to obtain the alternate Rose Gold art.

        There are no foreign transaction fees with this travel card.

        Add your Gold Credit Card to your Uber account, and you’ll automatically get $10 in Uber Cash each month, for a total of up to $120 per year. You can use your monthly Uber Cash on Uber Eats orders or Uber rides in the U.S.

        Dining from the comfort of your home can save you up to $120 annually. Earn up to $10 in statement credits monthly when you pay with the Gold Credit Card at Grubhub, Seamless, Boxed and other participating partners. Enrollment required.

        By booking two consecutive nights or more through the American Express Travel portal at any of 600+ eligible properties with your card, you can receive up to a $100 hotel credit in addition to a possible room upgrade if eligible. The expenses that this credit can cover varies by property, but you can expect money back on qualifying dining, spa services, resort activities and things of that nature.

      • Pros:
        • High rewards rate for select categories
        • Introductory Bonus Points
        • No Foreign Transaction Fee
        • UberCash Credit
        • $120 Dining Credit
      • Cons:
        • Complicated Rewards System
        • High Annual Fee
        • Limited International Acceptance
        • Relatively High Credit Score Requirements
        • Balance transfers are not available
      • Benefits:
        • Up to $120 Uber Cash to Dine or Ride;
        • $100 hotel credit with The Hotel Collection;
        • 60,000 Membership Rewards® Points;
        • 4x Membership Rewards® Points on dining at restaurants;
        • 4x Membership Rewards® Points on groceries at U.S. supermarkets;
        • 3x Membership Rewards® Points on flights;
        • 1x Membership Rewards® Points on all other purchases;
        • Additional Cards;
        • American Express Experiences;
        • Car Rental Loss and Damage Insurance;
        • Baggage Insurance Plan;
        • Global Assist® Hotline;
        • The Hotel Collection;
        • Terms Apply.
      Card detail

      American Express Blue Cash Preferred best for Gas, Groceries, Streaming services, Daily use

      Blue Cash Preferred® American Express
      Annual fee:
      $0 intro annual fee for the first year
      $95 for the rest years
      Regular APR:
      17.74% - 28.74% Variable
      Our Rating:
      5
      scorer
      Credit score
      Good to Excellent (670-799)
      • Rewards Rate:
        • 6% Cash Back at U.S. Supermarkets on up to $6,000 per year in purchases (then 1%).
        • 6% Cash Back on streaming (select U.S. streaming subscriptions).
        • 3% Cash Back on transit. Transit includes taxis, rideshare, parking, tolls, trains, buses, and more.
        • 3% Cash Back at U.S. Gas Stations.
        • 1% Cash Back on other purchases.
      • Intro Offer:
        • $250 Back after you spend $3,000 in purchases on the Card within the first 6 months of Card Membership. You will receive the $250 back in the form of a statement credit.
      • Purchase Intro APR:
        0% Introductory APR for the first 12 months from the date of account opening
      • Balance Transfer APR:
        17.74% - 28.74% Variable
      • Issuer name:
        American Express®
      • Details:

        The Blue Cash Preferred® Credit Card provides high rewards at U.S. supermarkets and U.S. gas stations, and for streaming services (select U.S. streaming subscriptions), and transit expenses. It has a $0 introductory annual fee for the first year, then $95.

        The Blue Cash Preferred® Credit Card from American Express® offers a 0% introductory APR promotion. You’ll pay no interest on purchases and balance transfers for 12 months and then an APR of 17.74% - 28.74% Variable. The Blue Cash Preferred Credit Card's Penalty APR is 29.99%.

        The Card also has 0% introductory plan fee on each purchase moved into a plan during the first 12 months after account opening. After that, your plan fee will be up to 1.33% of each purchase moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase and other factors.

        The Blue Cash Preferred® Credit Card has a welcome bonus where cardholders earn a $250 statement credit after spending $3,000 on the new card within the first six months of card membership.

      • Pros:
        • Excellent cashback bonuses
        • Generous intro APR on purchases
        • Great introductory bonuses
      • Cons:
        • Cashback cap
        • Annual fee
        • Foreign transaction fee
      • Benefits:
        • Earn $250 Back (in the form of a statement credit);
        • 6% Cash Back at U.S. Supermarkets on up to $6,000 per year in purchases (then 1%);
        • 6% Cash Back on streaming subscriptions;
        • 3% Cash Back on transit;
        • 3% Cash Back at U.S. Gas Stations;
        • 1% Cash Back on other purchases;
        • Extended warranty;
        • Fraud Protection;
        • Return Protection;
        • Car Rental Loss and Damage Insurance;
        • Global Assist® Hotline;
        • Pay It Plan It®;
        • American Express Experiences;
        • Terms Apply.
      Card detail

      Citi Simplicity® best for 0 APR, Single mom

      Citi Simplicity®
      Annual fee:
      $0
      Regular APR:
      17.74% - 28.49% Variable
      Our Rating:
      3.57
      scorer
      Credit score
      Excellent (740-799)
      • Purchase Intro APR:
        0% Introductory APR for 12 months from date of account opening
      • Balance Transfer APR:
        17.74% - 28.49% Variable
      • Issuer name:
        Citi
      • Details:

        The Citi Simplicity® Credit Card is a no annual fee card that can be utilized for balance transfers and ultimately paying off debt. The card does not offer a rewards program

        The Citi Simplicity® Card offers an introductory 0% Intro APR on purchases for 12 months. Additionally, the card offers 0% Intro APR on balance transfers for 21 months from the date of the first transfer. After that, the APR will be 17.74% – 28.49%, based on your creditworthiness.

        The card has a balance transfer fee of $5 or 5 percent of the amount of each transfer, whichever is greater. Balance transfers must be completed within four months of opening the account. If you miss a payment, there is no late fee or penalty APR.

        The Card's Digital Wallets let you shop with confidence in millions of places online, within apps and in stores. With digital wallets you can speed through checkout and continue to enjoy all the great benefits that come with your card.

        Identity theft can happen to anyone. If it happens to you, Citi® Identity Theft Solutions can help you resolve the matter and get your life back on track.

      • Pros:
        • 0% intro APR on Balance Transfers for 21 months
        • 0% intro APR on purchases for 12 months
        • No annual fee
        • No late fees or penalty rates ever
      • Cons:
        • No rewards system or sign-up bonus
        • Foreign transaction fee
      • Benefits:
        • $0 Fraud Liability;
        • 24/7 Customer Service;
        • Digital Wallets;
        • Citi® Identity Theft Solutions.
      Card detail

      American Express® Business Platinum best for Big purchase

      Business Platinum Card® American Express
      Annual fee:
      $695 annually ($695 if application is received on or after January 13, 2022)
      Regular APR:
      17.99% - 25.99% Variable
      Our Rating:
      2.13
      scorer
      Credit score
      Good to Excellent (670-799)
      • Rewards Rate:
        • 5x Points on flights and prepaid hotels on amextravel.com.
        • 1.5x Points on business categories and purchases of $5,000 or more. On up to $2 million of these purchases per calendar year.
        • 1x Points for each dollar you spend on eligible purchases.
      • Intro Offer:
        • 120,000x Points after you spend $15,000 on eligible purchases with your Card in the first 3 months.
      • Issuer name:
        American Express®
      • Details:

        The Amex Business Platinum Credit Card® gives new cardholders the chance to earn 120,000 American Express Membership Rewards points when they spend $15,000 on their cards within three months of account opening.

        Earn 5x points on flights and prepaid hotel bookings through Amex’s travel portal. However, purchases of $5,000 or more will net business owners with 1.5x Membership Rewards points for each dollar spent, which can add up quickly if you have pricey business expenses to cover every month.

        The Amex Business Platinum Credit Card® comes with a hefty $695 annual fee. Other fees to be aware of include a late payment fee up to $39 (or 2.99 percent of any past due Pay in Full amount, whichever is greater) and a returned payment fee up to $39.

        This business card also comes with important perks you can take advantage of, including up to $200 in airline fee credits each year, elite status with Marriott Bonvoy and Hilton Honors, up to $200 in Dell credits, airport lounge access and more.

      • Pros:
        • Impressive rewards
        • 35% airline bonus
        • Lounge access
        • No Foreign Transactions Fees
        • 0% Intro APR
      • Cons:
        • High annual fee
        • High spending required for earning the welcome bonus
        • Requires a good credit score
        • Balance transfers and cash advances are not available
      • Benefits:
        • 120,000 Membership Rewards® Points;
        • 5x Membership Rewards points on flights and prepaid hotels;
        • 1.5x points on each eligible purchase of $5,000 or more;
        • 1x points on all other purchases;
        • 35% Airline Bonus;
        • $200 Annual Dell Technologies Statement Credit;
        • Employee Cards;
        • Vendor Pay by Bill.com;
        • Dispute Resolution;
        • Pay Over Time Option;
        • Business Platinum Card Concierge;
        • Preferred Seating Program;
        • Global Dining Collection;
        • Premium Car Rental Privileges;
        • American Express Global Lounge Collection®;
        • Fee Credit for Global Entry or TSA Pre✔;
        • Marriott Bonvoy Gold Elite Hotel Status;
        • Hilton Honors Gold Status;
        • Business Platinum Travel Service;
        • Trip Cancellation and Interruption Insurance;
        • Trip Delay Insurance;
        • Baggage Insurance Plan;
        • Car Rental Loss and Damage Insurance;
        • Premium Global Assist® Hotline;
        • Terms Apply.
      Card detail

      Short Review of Best Credit Cards for Big Purchase

      NameBest forRewards RatePurchase intro APRAPRApply
      Capital One VentureOne Rewards Credit Card
      4.72
      Rewards, No Annual Fee, Daily use
    • 5x Miles per dollar on hotels and rental cars booked through Capital One Travel.
    • 1.25x Miles per dollar on all purchases.
    • 20,000x Bonus miles once you spend $500 on purchases within the first 3 months from account opening.
    • 17.99% - 27.99% VariableApply now
      On Capital One‘s site
      Capital One SavorOne Cash Rewards Credit Card
      4.36
      Cash Back, 0 APR, No Annual Fee, Restaurants, Entertainment, Daily use
    • 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores.
    • 1% Cash Back on all other purchases.
    • $200 Cash bonus once you spend $500 on purchases within the first 3 months from account opening.
    • 17.99% - 27.99% VariableApply now
      On Capital One‘s site
      Capital One Venture Rewards Credit Card
      3.52
      Travel, Daily use
    • 5x Miles per dollar on hotels and rental cars booked through Capital One Travel.
    • 2x Miles on all purchases.
    • 75,000x Bonus miles when you spend $4,000 on purchases in the first 3 months from account opening.
    • 18.99% - 26.99% VariableApply now
      On Capital One‘s site
      Capital One Quicksilver Cash Rewards Credit Card
      4.58
      Cash Back, No Annual Fee, Daily use
    • 1.5% Cash Back on every purchase.
    • $200 Cash Bonus once you spend $500 on purchases within 3 months from account opening.
    • 17.99% - 27.99% VariableApply now
      On Capital One‘s site
      Capital One QuicksilverOne Cash Rewards Credit Card
      3.64
      Fair credit
    • 1.5% Cash Back on every purchase.
    • No current offer.
    • 28.49% VariableApply now
      On Capital One‘s site
      Capital One Quicksilver Secured Cash Rewards Credit Card
      3.14
    • 1.5% Cash Back on every purchase.
    • No current offer.
    • 28.49% VariableApply now
      On Capital One‘s site
      Capital One Quicksilver Student Cash Rewards Credit Card
      3.52
      International students
    • 1.5% Cash Back on every purchase.
    • $100 Cash bonus once you spend $100 on purchases within 3 months from account opening.
    • 17.99% - 27.99% VariableApply now
      On Capital One‘s site
      Upgrade Cash Rewards Visa®
      4.35
      Good credit score
    • 1.5% Cash Back on payments.
    • $200 Bonus when you open a Rewards Checking account and make 3 debit card transactions. *
    • 14.99% - 29.99% RegularApply now
      On Upgrade‘s website
      Upgrade Triple Cash Rewards Visa®
      3.53
    • 3% Cash Back on Home, Auto and Health categories.
    • 1% Cash Back on everything else.
    • $200 Bonus when you open a Rewards Checking account and make 3 debit card transactions (within 60 days of your Upgrade Card account opening). *
    • 14.99% - 29.99% RegularApply now
      On Upgrade‘s website
      Applied Bank® Secured Visa® Gold Preferred® Credit Card
      4.23
      18 year old
    • This card doesn't offer cash back, miles or points.
    • No current offer.
    • 9.99% FixedApply now
      On Applied Bank®‘s site
      First Progress Platinum Prestige Mastercard® Secured Credit Card
      3.8
    • This card doesn't offer cash back, miles or points.
    • No current offer.
    • 13.74% VariableApply now
      On First Progress’s site
      Celtic Bank Deserve EDU
      3.5
      Cash Back, Without SSN, Student
    • 1% Cash Back on all purchases with your Deserve EDU Mastercard. Once approved, you'll automatically start earning Cash Back on all purchases.
    • No current offer.
    • 22.49% VariableApply now
      On Celtic Bank‘s site
      WebBank Petal® 1 "No Annual Fee" Visa®
      4.34
      For bad credit
    • 2% - 10%:
    • Cash Back at select merchants.
    • No current offer.
    • 22.99% - 32.49% VariableApply now
      On WebBank‘s site
      Sutton Bank Upgrade Bitcoin Rewards
      4.2
    • 1.5% Cash Back in bitcoin when you make payments.
    • $200 Bonus when you open a Rewards Checking account and make 3 debit card transactions.
    • 14.99% - 29.99% RegularApply now
      On Sutton Bank‘s site
      Capital One Spark Cash Plus
      3.62
    • 5% Cash Back on hotels and rental cars booked through Capital One Travel.
    • 2% Cash Back for your business on every purchase.
    • $1,000 Earn up to $1,000 in the first 6 months, $500 once you spend $5,000 in the first 3 months and $500 once you spend $50,000 in the first 6 months.
    • None *Apply now
      On Capital One‘s site
      Capital One Spark Cash Select - $500 Cash Bonus
      5
    • 5% Cash Back on hotels and rental cars booked through Capital One Travel.
    • 1.5% Cash Back for your business on every purchase, everywhere, no limits or category restrictions.
    • $500 Cash bonus once you spend $4,500 on purchases within the first 3 months from account opening.
    • 16.24% - 22.24% VariableApply now
      On Capital One‘s site
      Cross River Bank Divvy
      4.04
    • 2x - 7x:
    • Points on restaurants.
    • 2x - 5x:
    • Points on hotels.
    • 1.5x - 2x:
    • Points on recurring software subscriptions.
    • 1x - 1.5x:
    • Points on everything else.
    • No current offer.
    • NoneApply now
      On Cross River Bank‘s site
      Chase Freedom Unlimited®
      5
      Cash Back, 0 APR, No Annual Fee, Daily use
    • 5% Cash Back on travel purchased through Chase Ultimate Rewards.
    • 3% Cash back on dining at restaurants, including takeout and eligible delivery services.
    • 3% Cash Back on drugstore purchases.
    • 1.5% Cash Back on all other purchases.
    • $200 Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
    • 5% Cash Back on gas station purchases on up to $6,000 spent in the first year.
    • 17.24% - 25.99% VariableLearn more
      Chase Sapphire Preferred®
      4.4
      Travel, Restaurants, Daily use
    • $50 Earn up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Ultimate Rewards®.
    • 5x Points on travel purchased through Chase Ultimate Rewards®, excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit.
    • 3x Points on dining, including eligible delivery services, takeout and dining out.
    • 3x Points on online grocery purchases (excluding Target, Walmart and wholesale clubs).
    • 3x Points on select streaming services.
    • 2x Points on other travel purchases.
    • 1x Point per dollar spent on all other purchases.
    • 60,000x Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when redeemed through Chase Ultimate Rewards®.
    • 18.24% - 25.24% VariableLearn more
      Capital One Savor Rewards Credit Card
      3.52
      Restaurants, Entertainment
    • 4% Cash Back on dining and entertainment and popular streaming services.
    • 3% Cash Back at grocery stores.
    • 1% Cash Back on all other purchases.
    • $300 Cash Bonus once you spend $3,000 on purchases within 3 months from account opening.
    • 18.99% - 26.99% VariableLearn more
      Chase Sapphire Reserve®
      3.99
      Travel, Restaurants, Daily use
    • 10x Points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually.
    • 10x Total points on Chase Dining purchases with Ultimate Rewards®.
    • 5x Total points on flights when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually.
    • 3x Points on other travel worldwide after the first $300 is spent on travel purchases annually.
    • 3x Points on other dining at restaurants, including eligible delivery services, takeout and dining out.
    • 1x Point per dollar spent on all other purchases.
    • 60,000x Bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®.
    • 19.24% - 26.24% VariableLearn more
      Citi Double Cash
      4.55
      Cash Back, No Annual Fee, Daily use
    • 2% Cash Back on every purchase with unlimited 1% Cash Back when you buy, plus an additional 1% as you pay for purchases.
    • $200 Cash Back after spending $1,500 on purchases in the first 6 months of account opening.
    • 17.74% - 27.74% VariableLearn more
      Chase Ink Business Preferred®
      4.57
      Without SSN, Daily use
    • 3x Points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year.
    • 1x Point per $1 on all other purchases.
    • 100,000x Bonus points after you spend $15,000 on purchases in the first 3 months after account opening. That's $1,000 Cash Back or $1,250 toward travel rewards when you redeem through Chase Ultimate Rewards®.
    • 15.99% - 20.99% VariableLearn more
      U.S. Bank Visa® Platinum Card
      3.65
      0 APR, No Annual Fee
    • This card doesn't offer cash back, miles or points.
    • No current offer.
    • 18.24% - 28.24% VariableLearn more
      American Express® Gold Card
      3.13
      Cash Back
    • 4x Points on dining at restaurants worldwide, plus takeout and delivery in the U.S.
    • 4x Points on groceries at U.S. supermarkets on up to $25,000 in purchases per year.
    • 3x Points on flights.
    • 1x Points on other eligible purchases.
    • 60,000x Membership Rewards® Points after you spend $4,000 on purchases on your new Card in your first 6 months of Card Membership.
    • 19.74% - 26.74% VariableLearn more
      American Express Blue Cash Preferred
      5
      Gas, Groceries, Streaming services, Daily use
    • 6% Cash Back at U.S. Supermarkets on up to $6,000 per year in purchases (then 1%).
    • 6% Cash Back on streaming (select U.S. streaming subscriptions).
    • 3% Cash Back on transit. Transit includes taxis, rideshare, parking, tolls, trains, buses, and more.
    • 3% Cash Back at U.S. Gas Stations.
    • 1% Cash Back on other purchases.
    • $250 Back after you spend $3,000 in purchases on the Card within the first 6 months of Card Membership. You will receive the $250 back in the form of a statement credit.
    • 17.74% - 28.74% VariableLearn more
      Citi Simplicity®
      3.57
      0 APR, Single mom
    • This card doesn't offer cash back, miles or points.
    • No current offer.
    • 17.74% - 28.49% VariableLearn more
      American Express® Business Platinum
      2.13
      Big purchase
    • 5x Points on flights and prepaid hotels on amextravel.com.
    • 1.5x Points on business categories and purchases of $5,000 or more. On up to $2 million of these purchases per calendar year.
    • 1x Points for each dollar you spend on eligible purchases.
    • 120,000x Points after you spend $15,000 on eligible purchases with your Card in the first 3 months.
    • 17.99% - 25.99% VariableLearn more

      Capital One Venture Rewards Credit Card

      There are two options for a welcome bonus with the Capital One Venture Rewards. You can get 75,000 bonus miles if you spend $4,000 in the first 3 months. The minimum credit limit for this card is $5,000, but with an excellent credit score, it could be considerably higher. You’ll earn 2 miles per dollar every time you swipe this card. The variable APR is 18.99% - 26.99%, and there is a $95 annual fee.

      Read more about Capital One Venture Rewards Credit Card

      Capital One Quicksilver Cash Rewards Credit Card

      The Capital One Quicksilver is a great, no-annual-fee credit card with a flat 1.5% rewards rate on all purchases. There is a solid 0% intro APR offer for 15 months, while the standard APR is a variable of 17.99% - 27.99%. You can get the $200 sign-up bonus by spending only $500 in the first three months upon account opening. Although this card's credit limit can be as low as $300, most cardholders have reported a credit limit between $1000 and $3000.

      Read more about Capital One Quicksilver Cash Rewards Credit Card

      Chase Freedom Unlimited®

      There are many reasons why the Chase Freedom Unlimited® is a great card for a big purchase. The first reason is its 15-month 0% APR offer on purchases and transfers (17.24% - 25.99% variable after), then the $200 sign-up bonus, which you can get by spending $500 on purchases in the first 3 months. Chase offers a very useful financing tool called My Chase Plan. It allows you to make equal monthly payments for your purchase without interest - just for a small, fixed monthly fee. Your starting credit limit will be somewhere in the range between $500 - $5000, based on your creditworthiness. This is a rewards card with the following cash back rates: 5% on travel purchased through Chase, 3% on dining and drugstores and 1.5% on all other purchases.

      Read more about Chase Freedom Unlimited®

      Chase Sapphire Preferred®

      A premium travel card for everyone who prefers points over cash back. The Chase Sapphire Preferred® offers one of the biggest sign-up bonuses – 60,000 points if you spend $4,000 on purchases during the first 3 months after account opening. The bonus points have $750 worth when redeemed through Chase Ultimate Rewards. The $4,000 threshold might be a bit hard to reach, but a large purchase will help you get there. According to Chase, if you get approved for this card, your credit limit will be at least $5,000. As for the rewards, you’ll get 5 points on travel, 3 points on dining, grocery and select streaming services and 1 point for all other purchases. This card has a $95 annual fee and a variable APR of 18.24% - 25.24%, which should be taken into consideration when weighing up the costs against the rewards. You can use My Chase Plan for your monthly payments.

      Read more about Chase Sapphire Preferred®

      Capital One Savor Rewards Credit Card

      Although the Capital One Savor Cash Rewards doesn’t have an intro APR offer (there is a 18.99% - 26.99% variable APR), it offers a sweet $300 sign-up bonus once you spend $3,000 on purchases within the first 3 months upon account opening. And, if you love dining out, with this card, you're going to love it even more! It earns you a 4% cash back on dining, entertainment and popular streaming services (also, 3% at grocery stores and 1% on all purchases). The credit limit for this card starts from $2,000, and it has a $95 annual fee.

      Read more about Capital One Savor Rewards Credit Card

      Chase Sapphire Reserve®

      The Chase Sapphire Reserve® is one of the best travel cards on the market, with an outstanding sign-up bonus of 60,000 points, which are potentially worth $900 if you redeem them for travel through the Chase Ultimate Rewards. You can get the bonus by spending $4,000 in the first 3 months after opening the account. If approved for the card, you'll get a credit limit of at least $10,000. There is no intro APR offer, and the APR is variable of 19.24% - 26.24%. Since this is a premium travel card with valuable rewards and benefits, there is a high annual fee of $550, which high spenders can easily outweigh. As with most Chase consumer credit cards, you can activate My Chase Plan with this one too.

      Read more about Chase Sapphire Reserve®

      Citi Double Cash

      The Citi Double Cash has the best flat rate – 2% cash back on all purchases (1% when you buy, 1% when you pay). With this card you’ll be able to use the Citi Flex Plan. It has two options, Loan and Pay. With the Loan option you can borrow money from your credit card, while you can use the Pay for your large purchase. You can pay back both with fixed monthly payments with a fixed APR. The minimum credit limit for this card is $500, but many cardholders have reported a credit limit between $1,000 - $10,000.

      Read more about Citi Double Cash

      Chase Ink Business Preferred®

      This business card has a fantastic welcome bonus of 100,000 points, which could be worth $1,000 in cash back or $1,250 if redeemed through Chase Ultimate Rewards. Businesses shouldn’t have a hard time reaching the required bonus threshold of $15,000 spent on purchases in the first 3 months. If approved, you can expect a credit line of at least $5,000. This card earns 3 points per dollar spent in many categories for business purchases, like advertising and telecommunication services, up to $150,000 spent. The variable APR is 15.99% - 20.99%, and there is a $95 annual fee.

      Read more about Chase Ink Business Preferred®

      U.S. Bank Visa® Platinum Card

      If you were scrolling through the list to find the card with the longest intro APR period – this is the one! With the US bank Visa® Platinum, you will get 18 billing cycles to pay off your purchase without paying any interest. Once the intro APR offer ends, a variable rate of 18.24% - 28.24% will be applied. You won’t have to pay an annual fee for this card, but the drawback is that it doesn’t have a rewards program.

      Read more about U.S. Bank Visa® Platinum Card

      American Express® Gold Card

      If you decide to put your purchase on the American Express® Gold Card, you could earn a welcome bonus of 75,000 Membership Rewards points, assuming you spend $4,000 in the first 6 months. The variable APR on this card is 19.74% - 26.74%. Amex offers its cardholders the Pay It Plan It feature which helps you manage your finances more efficiently. You can pay some small expenses right away (Pay It) and you can split some large purchases into fixed, monthly payments without interest (Plan It). The feature comes with a small monthly fee. Some of the card’s attractive rewards and perks include 4 points on dining (at restaurants worldwide, plus takeout and delivery in the U.S) and grocery purchases (at U.S. supermarkets on up to $25,000 in purchases per year), an annual $120 credit for Uber Dine or Ride, and many others. That's why it comes at a bit high annual cost of $250.

      Read more about American Express® Gold Card

      American Express Blue Cash Preferred

      The top card for grocery shopping, with an unmatched 6% cash back at U.S. supermarkets (up to $6,000 per year in purchases). But that’s not the only great thing about it, because you’ll also get 12 months of 0% APR on purchases (17.74% - 28.74% Variable after). With the Pay It Plan It feature you can pay off your purchase in equal installments. There is an informative calculator on the Amex website, so you can see whether the plan you’ll be offered will suit you. The $350 welcome offer can be earned by spending $3,000 in purchases in the first 6 months upon account opening. The other cash back categories are streaming services (6%), transit (3%), and gas (3%). The $95 annual fee is waived the first year ($0 intro annual fee for the first year , then $95 after that).

      Read more about American Express Blue Cash Preferred

      Citi Simplicity®

      The Citi Simplicity® is a straightforward, no-annual-fee credit card that should be considered by people who are likely to be late with a payment or miss it. With this card, they won't have to worry about paying a late fee or a penalty rate (it's still not a good idea to miss payments – think about your credit score!). You'll get a long 0% APR offer of 12 months for purchases and 21 months for balance transfers, and the variable rate after is 17.74% - 28.49%. You can also take advantage of the Citi Flex Plan to either finance your purchase conveniently (Flex Pay) or if you need quick access to a loan (Flex Loan).

      Read more about Citi Simplicity®

      American Express® Business Platinum

      The Business Platinum from American Express® can be of great value for businesses that are big spenders. Putting a large purchase on the card can help you reach the $15,000 spending requirement (in the first 3 months) for the welcome offer – 120,000 Membership Rewards points. The rewards structure consists of 5 points per dollar spent on flights and hotels booked through Amex Travel and 1.5 points on all purchases up to $5,000 spent (1 point per dollar after). This card has many fancy perks (like the Hilton Honors Gold Status), which make it well worth it for the $695 annual fee. The Сard’s APR: 0% Intro APR for 12 months from the date of account opening on purchases, 17.99% - 25.99% thereafter.

      Read more about American Express® Business Platinum

      Benefits of using a credit card for a large purchase

      Using a credit card for your next big purchase can help soften its blow on your finances in several ways. Many credit cards have 0% intro APR offers, which give you the opportunity to pay off your purchase over time without paying interest, assuming you pay it off in full during the intro period.

      icon-search

      If you want to snag the longest intro APR offer, consider the US bank Visa® Platinum (20 billing cycles, 18.24% - 28.24% Variable thereafter).

      Many credit card companies offer great tools that help you handle your finances more efficiently. For example, with the My Chase Plan you can pay off purchases above $100 in equal monthly payments. The plans range from 3 to 18 months and you’re allowed to have up to 10 active or pending plans on your account at the same time. This feature doesn’t charge an interest, but instead a fixed monthly fee that will be determined based on your plan (purchase amount, billing cycles etc.). You have another option for loans, the My Chase Loan, which allows you to borrow from your available credit line. The minimum amount is $500, and you can pay it off in fixed monthly installments. The advantage of this feature over personal loans is that you will avoid the exhausting application process. The APR on this loan will be lower than your regular APR on the card. American Express and Citi also have similar programs - Pay It Plan It and Citi Flex.

      Next – rewards. Who would say no to earning some cash back on their purchases? And, if the purchase falls under a bonus category – the more cash back you’ll earn! For example, let’s say you plan to buy furniture. The Bank of America Cash Rewards card allows cardholders to choose a bonus category, and one of the options is home improvement/furnishings. If you get this card and choose this as your bonus category, you'll earn 3% cash back on your purchase. Even if your purchase doesn't earn some cash back, you can still get a card that fits your spending habits and earns rewards on other purchases.

      The benefit that will give you the most satisfaction is probably the sign-up bonus. In order to get it, credit cards usually require you to spend a few thousand dollars on purchases within the first several months after account opening. Once you reach the spending threshold, you’ll get your bonus, which could be in the form of points/miles or cash back. Please note that only new cardholders that currently don’t own a credit card from the same company can get sign-up bonuses and qualify for intro APR offers.

      Finally, some cards come with benefits like extended warranty, travel or purchase protection, premium travel perks, and others. Those benefits shouldn't be a priority, but if you've narrowed it down to a few cards, some features could be a tiebreaker. For example, if you want to buy a cellphone, a card with cell phone protection would be worth considering.

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      Some cards that have it are the US bank Visa® Platinum and the Wells Fargo Platinum Card (you can only get the protection if you pay your monthly mobile bills with the card).

      How to choose which credit card to use for a big purchase

      Before you begin your search for the best credit card to put your big purchase on, you have to identify your priorities and goals. You have many great options to choose from but to make the right decision, you should know exactly what to look for. Otherwise, you might get overwhelmed by the lots of alternatives, and end up with a card that doesn't provide you with the best value.

      If you’re tight with money and want to save on interest, look at cards with 0% APR offers. Depending on the purchase amount and your financial strength, consider those with longer interest-free periods.

      However, that doesn't mean you'll have to give up on rewards.

      icon-search

      For example, with the Capital One Quicksilver, you'll get 18 months to pay off your purchase without accruing interest (17.99% - 27.99% Variable thereafter) and a 1.5% cash back on all purchases. If you're leaning more toward rewards than long interest-free offers, consider cards with generous rewards, like the Blue Cash Preferred®, which offers 6% cash back at U.S. supermarkets (up to $6,000 per year in purchases) and streaming services (select U.S. streaming subscriptions) and 3% on transit and gas. It also has a solid 12-month 0% APR offer (17.74% - 28.74% Variable thereafter).

      Tips to maximize large purchases

      Here are some tips on how to make the most of your large purchase.

      Check whether your purchase qualifies for a bonus category

      The best card on our list, the Discover it® Cash Back offers a 5% cash back rate to quarterly rotating categories, on up to $1,500 in purchases per quarter. You can find the bonus categories for 2021 on the card's website. If you recognize your purchase in one of them and make it during the appropriate quarter, you could make 10% cash back on it since Discover will match your cash back at the end of the first year.

      Score a sign-up bonus

      With a large purchase, you can easily reach the spending requirement and earn yourself some extra cash back or points/miles.

      icon-search

      When it comes to consumer credit cards, the Chase Sapphire Preferred® offers the most valuable bonus - 60,000 points potentially worth $750. Business owners looking for a card with a big bonus should know that it doesn’t get better than the Ink Business Preferred® – 100,000 points potentially worth $1,250.

      Look out for deals on shopping portals

      Purchasing through online shopping portals will allow you to earn points, miles, and other rewards. With a Chase card, you can use the Chase Ultimate Rewards and earn bonus points on selected purchases. Then you can redeem those for cash back, travel, gift cards or apply them toward eligible orders (including Apple and Amazon.com).

      Don’t Let Your Purchase Max Out Your Card’s Limit

      A credit card's limit is the maximum amount of outstanding balance you're allowed to have. It depends on your credit score - with an excellent credit score, you will get high credit limits, and vice versa. However, credit card companies disclose it only after you’ve been approved for the card. On some card’s fine prints, you can find a minimum line of credit, which means that those who get accepted can expect at least that amount of credit limit.

      Before you go for the purchase, make sure you have a realistic plan about how you will pay it off. Otherwise, you might find yourself buried in interest debt and dangerously close to your credit card's limit. That will affect your credit utilization ratio, which has a major role in determining your credit score. The credit utilization ratio is calculated by dividing the amount of money you owe with your credit limit and it is expressed in percentages.

      To sum up, when deciding on a card you should carefully consider everything. Not only the benefits and rewards but also the interest rates and risks.

      FAQ

      What are other credit cards to consider?

      Other great cards for big purchases are the Capital One SavorOne ($200 sign-up bonus once you spend $500 on purchases within the first 3 months from account opening and a 15-month 0% intro APR on purchases, 17.99% - 27.99% Variable after that) and the Capital One VentureOne Rewards (a welcome offer of 20,000 bonus miles once you spend $500 on purchases within the first 3 months and a 12-month 0% intro APR on purchases, 17.99% - 27.99% Variable after that).

      Will the temporarily high balance of a large purchase hurt my credit score?

      You might see your credit score decrease for a while, but with timely payments, it will recover, and it can be even higher.

      What if I already made that big purchase on another card?

      If you’re paying off a high-interest balance on another card – don’t worry! In that case, you should consider making a balance transfer on a new card - take a look at the Best Credit Cards for Balance Transfers.
      Hanna VolkavaHanna Volkava

      Financial and product expert

      hv@myfin.us