What are the Top Credit Cards in 2015?

What are the Top Credit Cards in 2015?

Credit cards have become an essential part of our daily lives. Whether it's for shopping, dining out or booking travel, credit cards offer convenience and rewards for users. But with so many options available, it can be difficult to determine which credit cards are the best. Here are some of the top credit cards in 2015.

1. Chase Sapphire Preferred Card

The Chase Sapphire Preferred Card is a popular choice for those who love to travel. It offers 2x points on travel and dining purchases and 1x point on all other purchases. The card also has no foreign transaction fees and a generous sign-up bonus of 60,000 points after spending $4,000 in the first three months.

2. Citi Double Cash Card

The Citi Double Cash Card is a great option for those who want to earn cash back on their purchases. It offers 2% cash back on all purchases, with no annual fee. The card also has a long introductory APR on balance transfers.

3. Discover it Cash Back Card

The Discover it Cash Back Card is another popular choice for earning cash back. It offers 5% cash back on rotating categories each quarter and 1% cash back on all other purchases. The card also has no annual fee and a generous sign-up bonus.

4. American Express Gold Card

The American Express Gold Card is a great choice for those who dine out frequently. It offers 4x points on dining purchases and 4x points on up to $25,000 in annual spending at U.S. supermarkets. The card also offers a sign-up bonus of 35,000 points after spending $2,000 in the first three months.

Tips for Applying for Credit Cards

When applying for a credit card, it's important to keep in mind a few key factors. First, make sure you have a good credit score before applying. This will increase your chances of being approved and receiving a good interest rate. Additionally, be sure to read the terms and conditions carefully to understand any fees or limitations associated with the card.

Saving Money with Credit Cards

One way to save money with credit cards is by taking advantage of rewards programs. Many credit cards offer cash back or points for purchases, which can be redeemed for travel, merchandise or statement credits. Additionally, some credit cards offer introductory 0% APR periods on balance transfers, which can help save money on interest charges.

Annual Fees and Risk Avoidance

Many credit cards come with annual fees, which can add up over time. It's important to weigh the benefits of a card against the annual fee to determine if it's worth it. Additionally, it's important to avoid carrying a balance on your credit card, as this can result in high interest charges and damage to your credit score.

Recommended Credit Card Companies

Some of the top credit card companies include Chase, Citi, Discover and American Express. Each of these companies offers a variety of credit cards with different rewards and benefits, so it's important to do your research and choose the card that's right for you.

In conclusion, credit cards offer many benefits for users, including convenience, rewards and the ability to build credit. By choosing the right card, understanding the terms and conditions and using it responsibly, you can make the most of your credit card and save money in the process.