No single credit card is the best option for every family, every purchase or every budget. For this reason, Forbes Advisor has chosen the best credit cards in a way designed to be the most helpful to the widest variety of readers. Rather than selecting the “best credit card” and ranking the next nine options, we highlighted the best cards for a variety of situations.
The most popular reason for people to use credit cards is to build credit, with 47% of credit card holders naming this as their primary reason, according to a December 2022 Forbes Advisor survey. However, the survey also found that only 53% of participants knew the interest rates on their credit cards. Not knowing the interest rate can hinder credit building efforts. Finding the right card for your needs should be one of the first steps in your credit journey.
This card has the brawn to handle just about all of your credit card spending needs without an over-inflated price tag. The card has an annual fee of $0, yet comes with a pumped-up earnings structure that covers a wide swath of expenses including travel, drugstores and dining plus rotating quarterly bonus categories in areas many households are likely to find appealing.
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The Wells Fargo Active Cash offers an unlimited 2% cash rewards rate on purchases and charges no annual fee. This puts it in competition with the best flat-rate cash back cards on the market.
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