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Best credit cards for new homeowners of August 2021

It's never fun when something goes wrong with your home, but the right credit card can help make repairs less painful. CardRatings editors reveal the best credit cards for homeowners, DIYers, and people who are still renting, too.
Jennifer Doss, CardRatings Editor Last Updated, July 30, 2021

Our credit card articles, reviews and ratings maintain strict editorial integrity; however we may be compensated when you click on or are approved for offers (terms apply) from our partners. How we make money.

best credit cards for new homeowners

TOP CREDIT CARDS FOR NEW HOMEOWNERS

Looking for the best credit cards for new homeowners? Or maybe you're on the hunt for the best credit cards for home improvement? Nobody could blame you, which is why we're bringing you our top picks for the best credit cards for new homeowners from our partners. 

It isn't a secret that houses are expensive, but many homeowners are likely caught off guard by how costly it is to own a home beyond the mortgage. In the beginning, you're buying a ton of furniture and maybe a lawn mower or some appliances, if the house didn't already have some.

But even after that, it isn't exactly always smooth sailing. Those appliances could eventually break. You may decide you want to remodel. Or maybe you'll have to remodel because your basement has flooded, and homeowner's insurance won't pay for all of it. Perhaps your roof needs to be replaced, and homeowner's insurance won't pay for that either. Or maybe your dog has chewed a hole in your carpet, and you need to fix that.

You get the idea. There are a lot of reasons you might feel the need to look for the best credit cards for new homeowners - or best credit cards for home improvement. Either way, we have you covered. Read on for some ideas on the type of cards you may want to keep in your wallet now that you’re embarking on the journey of home ownership.

BEST NO-ANNUAL-FEE CREDIT CARD FOR NEW HOMEOWNERS

5
About Our Ratings
Why We Like It:
Being a homeowner means you'll likely have home improvement, decorating, yard upkeep, and many other expenses on top of those, so a cash-back card can help you earn simply across all those purchases. Plus, having no annual fee to worry about means more cash to put towards your projects.

The Bonus: Earn a $200 cash-back bonus once spending just $500 within the first three months of account opening, and earn 5% cash back on up ton $12,000 spent on grocry store purchases during your first year (Target and Walmart excluded). Plus, enjoy 0% intro APR for 15 months from account opening on purchases, then 14.99% - 23.74% Variable.

The Annual Fee: $0

The Rewards: Earn 5% on travel purchased through Chase Ultimate Rewards®, 3% on dining at restaurants and on drugstore purchases, and 1.5% on all other purchases.

Credit Needed: Excellent, Good

PROS:

  • You'll get good bang for your buck with the welcome offer. You only need to spend $500 to earn $200 cash back.
  • The 1.5% cash back offered by this card on all non-bonus purchases is higher than what you'll find with many other no-annual-fee cash-back cards.
  • If you need to carry a balance, the intro 0% APR for 15 months on new purchases is an added bonus. After the intro period, 14.99% - 23.74% Variable APR applies.

CONS:

  • The 1.5% rate on all non-bonus purchases is good, but to really make the most of your rewards this card requires a bit of strategy.
  • If you travel internationally, be aware that a 3% foreign transaction fee is applied to all purchases made in a foreign currency.

Read our full Chase Freedom Unlimited® review.

Current Scores Past Scores
Overall Score 82.8 86.2
Rewards Program Satisfaction 8.2 8.6
Customer Service 8.5 8.7
Website/App Usability 8.2 8.6
Likelihood of Continuing to Use 9.0 9.0
Recommend to a Friend/Colleague 7.9 8.4

*Scores above reflect the results of surveys with actual cardholders. Full methodology below.

 

EDITOR'S NOTE

You might consider holding both Chase Freedom Flex℠ and Chase Freedom Unlimited® to maximize rewards. Chase Freedom Unlimited® earns cardholders 1.5% cash back on non-bonus purchases while Freedom Flex℠ earns 5% back up to $1,500 quarterly in combined purchases in bonus categories each time you activate, and 1% on non-bonuses categories. Since the rotating categories are usually popular everyday expenses, these two cards can go hand-in-hand as they allow you to maximize on the amount of cash back you can earn.

If you want to take things one step further, you might consider adding the Chase Sapphire Preferred® Card to your wallet as well. With this card, rewards are worth 25% more when redeemed for travel through Chase Ultimate Rewards®, and because Chase lets you combine all of your rewards into the account of whichever card makes them the most valuable, when you pool rewards under your Preferred® account all rewards will be worth extra when redeemed for travel.


BEST CREDIT CARD FOR DEPARTMENT STORE PURCHASES

5
About Our Ratings
Why We Like It:
Department stores offer more than just clothing– think appliances, home decor, bedding, etc.–and bonus rewards on department store purchases is a rare feature. With this card, in addition to earning 3% cash back on up to $6,000 in U.S. supermarket purchases annually, you can also earn 2% cash back at U.S. gas stations as well as at select U.S. department stores. American Express is a CardRatings advertiser.

The Bonus: Earn 20% back on Amazon.com purchases made on the card in the first six months of card membership, up to $150 back. Plus, earn $100 back after you spend $2,000 in purchases on your new card within the same time frame. You will receive cash back in the form of statement credits.

The Annual Fee: $0

The Rewards: Earn 3% back on up to $6,000 in purchases at U.S. supermarkets annually (then, 1%); earn 2% cash back at U.S. gas stations and at select U.S. department stores; earn 1% on your other purchases.

Credit Needed: Good, Excellent

PROS:

  • Might as well take advantage of your new kitchen by whipping up a feast at home! Enjoy 3% back at U.S. supermarkets, up to $6,000 spent annually (then 1%).
  • Department stores have beautiful clothes, but many also have great home decor and appliances. Shop for these items with this card and earn 2% cash back at select U.S. department stores.
  • The welcome offer is solid for a card with no annual fee.

CONS:

  • Earning 3% back at U.S. supermarkets is a nice rewards rate, but if you spend heavily in this category you might want to consider the sister Blue Cash Preferred® Card from American Express instead. It charges an annual fee, but also earns a bit more on U.S. supermarket purchases.
  • This isn't a great card for international travel as it charges a foreign transaction fee.

Read our full Blue Cash Everyday® Card from American Express review.

Current Scores Past Scores
Overall Score 86.3 Did not survey
Rewards Program Satisfaction 8.5 n/a
Customer Service 8.8 n/a
Website/App Usability 8.6 n/a
Likelihood of Continuing to Use 9.3 n/a
Recommend to a Friend/Colleague 8.6 n/a

*Scores above reflect the results of surveys with actual cardholders. Full methodology below.

BEST CREDIT CARD FOR HOME IMPROVEMENT PROJECTS

5
About Our Ratings
Why We Like It:
A travel card for home improvement projects? Hear us out. Thanks to Chase's new Pay Yourself Back program, this card is ideal for so much more than just travel. Better still, points redeemed through the Pay Yourself program are worth 25% more with this card, and the signup bonus is currently the highest it's ever been.

The Bonus: Earn 100,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.

The Annual Fee: $95

The Rewards: Earn 2X points on dining including eligible delivery services, takeout and dining out and travel, and 1X point per dollar spent on all other purchases. Plus earn 5X points on Lyft rides through March 2022. That's three points in addition to the two points you already earn on travel.

Credit Needed: Excellent, Good

PROS:

  • Travelers will love that the 100,000 bonus points new cardholders can earn are worth $1,250 in travel rewards.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • There are flexible redemption options including the opportunity to boost point values by 25% by redeeming for travel through the Chase Ultimate Rewards program.

CONS:

  • Although the welcome offer is lucrative, cardholders need to spend $4,000 within three months to earn it. That may put it out of reach for some people, especially after making a purchase as large as a new home.
  • This card charges a $95 annual fee.

Read our full Chase Sapphire Preferred® Card review.

Current Scores Past Scores
Overall Score 82.3 84.4
Rewards Program Satisfaction 8.3 8.3
Customer Service 8.4 8.7
Website/App Usability 8.2 8.1
Likelihood of Continuing to Use 8.7 9.0
Recommend to a Friend/Colleague 7.8 8.4

*Scores above reflect the results of surveys with actual cardholders. Full methodology below.

BEST CREDIT CARD FOR FLEXIBILITY 

5
About Our Ratings
Why We Like It:
From new curtains to home improvement projects, being a homeowner comes with a plethora of costs, in a wide variety of categories. If you're visiting home improvement stores, department stores, ordering things online, and paying contractors, you'll be happy to know that this card will give you 2% cash back on all of that (earn 1% when you make a purchase, and then another 1% when you pay purchases off) and more. Citi is a CardRatings advertiser.

The Bonus: Enjoy an intro period of 0% APR for 18 months on balance transfers (then 13.99% – 23.99% (Variable)).

The Annual Fee: $0

The Rewards:Earn 1% cash back on all purchases made, and then an additional 1% when you pay those purchases off.

Credit Needed: Excellent, Good

PROS:

  • With a 0% intro APR for 18 months on balance transfers, this is one of the top balance transfer cards available. After the intro period, regular 13.99% – 23.99% (Variable) applies.
  • The potential 2% total cash back offered by this card make it one of the most rewarding no-annual-fee flat-rate cash back cards on the market.
  • Should you make a late payment, you won't have to worry about paying a fee the first time.

CONS:

  • This card offers neither a welcome bonus nor an introductory interest rate for purchases.
  • Rewards will expire if you go 12 months without earning any cash back.

Read our full Citi® Double Cash Card - 18 month BT offer review.

Current Scores Past Scores
Overall Score 88.2 88.3
Rewards Program Satisfaction 8.7 8.9
Customer Service 8.9 8.6
Website/App Usability 8.7 8.5
Likelihood of Continuing to Use 9.4 9.2
Recommend to a Friend/Colleague 8.7 8.9

*Scores above reflect the results of surveys with actual cardholders. Full methodology below.

BEST INTRO 0% APR CREDIT CARD FOR NEW HOMEOWNERS

5
About Our Ratings
Why We Like It:
Buying a home is expensive, and sometimes you might need a little extra time to pay certain purchases off. If that's the case, a credit card with a 0% intro APR period could be your best friend; especially this one as it has whopping 18 month offer of 0% intro APR on balance transfers and new purchases. (After the intro periods, regular 13.74% - 23.74% Variable APR applies.)

The Bonus: Enjoy 18 months of 0% intro APR on balance transfers from the date of the first transfer, and for 18 months on new purchases (then 13.74% - 23.74% Variable).

The Annual Fee: $0

The Rewards: This isn't a traditional rewards card, but the intro 0% APR periods are a huge reward in and of themselves.

Credit Needed: Excellent, Good

PROS:

  • If you need to transfer a balance, it's hard to beat this card's 18 month intro 0% APR offer.
  • New cardholders also get a 0% intro APR on purchases for 18 months.
  • This card doesn't charge an annual fee, and its regular APR has the potential to be quite low (13.74% - 23.74% Variable).

CONS:

  • While one of the best zero-interest cards on the market, this card doesn't come with any traditional rewards.
  • There is a 3% fee (minimum $5) on balance transfers.
  • Be aware of the 3% foreign transaction fee if plan to travel overseas.

Read our full Citi® Diamond Preferred® Card review.

Current Scores Past Scores
Overall Score 80.5 Did not survey
Features Satisfaction 7.9 n/a
Customer Service 8.4 n/a
Website/App Usability 8.4 n/a
Likelihood of Continuing to Use 8.8 n/a
Recommend to a Friend/Colleague 7.5 n/a

*Scores above reflect the results of surveys with actual cardholders. Full methodology below.

BEST CREDIT CARD FOR PUTTING YOUR KITCHEN TO USE

5
About Our Ratings
Why We Like It:
If the kitchen was a priority during the search for your perfect home, and if the supermarket is a place you frequent often, this may be the card for you. Thanks to 6% cash back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%), if you cook at home often, you’ll quickly see the rewards add up. Depending on your family size, $500 spent at the supermarket each month is not uncommon. That’s $30 cash back each month, or $360 each year. And that’s just earnings on U.S. supermarket purchases. This card offers a plethora of other ways to earn rewards, further discussed below.

The Bonus: Earn 20% back on Amazon.com purchases made on the card within the first six months of card membership, up to $200 back. Plus, earn $150 back after you spend $3,000 within the same time frame. You will receive cash back in the form of statement credits. You can also enjoy a low APR intro period of 0% APR for 12 months on purchases, then 13.99% - 23.99% Variable.

The Annual Fee: $0 introductory annual fee for the first year, then $95.

The Rewards: Earn 6% cash back at U.S. supermarkets (on up to $6,000 in purchases each year, then earn 1%) and on select U.S. streaming subscriptions such as Spotify, Netflix, Hulu, and Pandora; 3% back at U.S. gas stations and on ground transit including trains, ferries, subways, taxis, ride shares, and parking fees; and 1% on all other purchases.

Credit Needed: Good, Excellent

PROS:

  • By offering 6% cash back on up to $6,000 worth of U.S. supermarket purchases each year, this is considered by many to be the best rewards card for groceries.
  • This card offers 0% intro APR on purchases for the first 12 months after opening an account (then 13.99% - 23.99% Variable).
  • The welcome bonus is easy to earn and could go a long way towards future grocery purchases.

CONS:

  • American Express doesn't consider Walmart or Target to be a supermarket so you won't get 6% cash back on grocery purchases there.
  • To get all the card's great benefits, you'll need to pay a $0 introductory annual fee for the first year, then $95. annual fee.
  • There is a 2.7% foreign transaction fee for any purchase made in a foreign currency.

Read our full Blue Cash Preferred® Card from American Express review.

Current Scores Past Scores
Overall Score 87.0 86.0
Rewards Program Satisfaction 8.6 8.3
Customer Service 8.7 8.9
Website/App Usability 8.8 8.7
Likelihood of Continuing to Use 8.9 9.0
Recommend to a Friend/Colleague 8.8 8.6

*Scores above reflect the results of surveys with actual cardholders. Full methodology below.

BEST CREDIT CARD FOR ORDERING IN

5
About Our Ratings
Why We Like It:
Maybe the kitchen in your new home wasn’t your most important priority. Maybe you eat out a lot, or order delivery a few times a week, and then find yourself saying “I shouldn’t do this so much… it’s cheaper to cook at home.” But then you continue to eat out and order delivery… If that pattern sounds familiar, this card might be a good fit for you thanks to 3% cash back on dining and entertainment purchases. You'll also earn 3% at the grocery store for when you do decide to cook at home, as well as on popular streaming services, and 1% on everything else.

The Bonus: Earn $200 after you spend $500 on purchases in the first three months your account is open.

The Annual Fee: $0

The Rewards: Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart and Target), and 1% on all other purchases.

Credit Needed: Excellent, Good

PROS:

  • If you enjoy dining out (or ordering in), you probably won't find a better no-annual-fee card. This card offers unlimited 3% cash back on dining and entertainment.
  • What's food without a show? You will earn 3% cash back on all entertainment purchases, including sporting events, concerts, etc., too. This is a great perk for those nights you need to get out of the house.
  • This card has flexible redemption options, including the opportunity to use cash back to make purchases on Amazon.
  • Enjoy 0% APR on new purchases for the first 15 months (then 15.49% - 25.49% (Variable)).

CONS:

  • If you spend heavily on entertainment and dining out, you may be better off with the SavorOne's sister card, the Savor Rewards from Capital One. It charges an annual fee, but it may be easy to offset if you go out often.
  • This card is a great choice for dining, entertainment, streaming, and grocery purchases, but you'll only get 1% cash back on everything else.

See our full Capital One SavorOne Cash Rewards Credit Card review.

Current Scores Past Scores
Overall Score 82.8 87.6
Rewards Program Satisfaction 8.3 8.6
Customer Service 8.4 8.9
Website/App Usability 8.2 9.0
Likelihood of Continuing to Use 8.4 9.0
Recommend to a Friend/Colleague 8.3 8.7

*Scores above reflect the results of surveys with actual cardholders. Full methodology below.

BEST CREDIT CARD FOR BULK PURCHASES

5
About Our Ratings
Why We Like It:
If you’re not already a Costco member, now that you’re a homeowner, it might be time to make the commitment. Not only does a Costco membership help you to save on groceries, bulk size purchases, appliances, furniture, and other miscellany, but it’ll get you access to cards such as this one, which further helps put more money back in your pocket. First of all, you can use it anywhere - not just Costco. Secondly, you get 4% cash back on eligible gas purchases for the first $7,000 per year - and then 1% afterwards. You also get 3% cash back on restaurant and travel purchases, 2% on anything you buy from Costco and Costco.com and 1% on everything else.

The Bonus: NA

The Annual Fee: $0

The Rewards: Earn 4% cash back on eligible gas purchases for the first $7,000 per year, and then 1%; 3% on restaurant and eligible travel purchases; 2% on anything you buy from Costco and Costco.com; and 1% on everything else.

Credit Needed: Excellent

PROS:

  • This is the only co-branded consumer credit card for Costco customers, and it offers 2% cash back on Costco purchases.
  • Even if you don't regularly shop at Costco, this card can be an excellent choice for gas rewards. Cardholders receive 4% cash back on up to $7,000 of eligible gas purchases each year, including those made at Costco.
  • There is no annual fee for this card.

CONS:

  • Rewards are issued only once a year and sent in the form of a certificate that can be redeemed for cash or merchandise at Costco.
  • Cardholders forfeit rewards if they close their account prior to a rewards certificate being issued or if they fail to redeem a certificate by December 31 of the year it was issued.
  • Gas purchases made at other supermarkets, superstores, convenience stores or other warehouse clubs will only earn 1% cash back instead of 4% cash back.

Read our full Costco Anywhere Visa® Card by Citi review.

Current Scores Past Scores
Overall Score 85.7 85.3
Rewards Program Satisfaction 8.6 8.5
Customer Service 8.4 8.7
Website/App Usability 8.3 8.3
Likelihood of Continuing to Use 9.2 9.0
Recommend to a Friend/Colleague 8.6 8.6

*Scores above reflect the results of surveys with actual cardholders. Full methodology below.

BEST CREDIT CARD FOR ESCAPING CHORES

5
About Our Ratings
Why We Like It:
If you’re looking for flexibility this is a great card to consider. Not only is it flexible when it comes to earning rewards (earn two miles on all purchases made), but it’s also flexible when it comes to redeeming them. You can transfer your miles to several leading travel loyalty programs or simply redeem them for a statement credit to “cancel out” a recent travel purchase.

The Bonus: Enjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within three months from account opening, equal to $600 in travel.

The Annual Fee: $95

The Rewards: Earn two miles on every purchase made.

Credit Needed: Excellent, Good

PROS:

  • This is a solid all-purpose travel rewards card, offering an unlimited two miles per dollar spent.
  • Among the perks offered is a $100 credit for Global Entry or TSA Pre✓™ applications.
  • Frequent International travelers will appreciate that there are no foreign transaction fees.

CONS:

  • Although the Venture Rewards program offers some transfer partners, your options are limited if you want to move points to another loyalty program.
  • It's manageable, but there is an annual fee to keep in mind.

Read our full Capital One Venture Rewards Credit Card review.

Current Scores Past Scores
Overall Score 81.6 84.4
Rewards Program Satisfaction 7.9 8.2
Customer Service 8.3 8.4
Website/App Usability 8.5 8.4
Likelihood of Continuing to Use 8.8 9.1
Recommend to a Friend/Colleague 8.1 8.6

*Scores above reflect the results of surveys with actual cardholders. Full methodology below.

WHAT ARE THE BEST CREDIT CARDS FOR NEW HOMEOWNERS?

From decorating costs to yard upkeep, homeowner expenses can be all over the place, which is why we often recommend a good flat-rate cash-back credit card such as the Citi® Double Cash Card to new homeowners. It's a no-annual-fee card, so that's one less cost you have to worry about, and it offers rewards on all purchases made, so no matter what your expenses look like, you can rest easy knowing you're getting rewarded for them.

Every homeowner will have specific needs though, so what's best for one homeowner might not be ideal for another. When shopping for a credit card, evaluate your needs, and stick with a card that meets them. It doesn't make much sense to apply for a card with great travel rewards if you hardly ever leave home, nor does it make any sense to choose a card just because it has a great balance transfer offer if you have no balance to transfer. These may sound like obvious things, but choosing a credit card can be an overwhelming process, and added perks can be distracting. Pick a card that rewards you for your spending habits, instead of trying to match your spending habits to a card's rewards.

HOW TO MAXIMIZE CREDIT CARD REWARDS

Smartly using a rewards credit card is an excellent way to put more money back in your pocket (something we imagine you'll really appreciate now that you have a mortgage payment on your hands). Whether you're taking advantage of a 0% intro APR offer, a card with no annual fee, or a card that offers rewards, there are a number of things you can do to ensure you're making the most of your credit card:

  • Use the right credit card. Seems redundant to even mention it, but you'd be surprised how often people stick to just one credit card, forgetting that they actually have another that would be better suited for the situation. If you have a credit card that earns you extra rewards on gas purchases, make sure you're using that credit card each time you fill your car up. If you have a card that earns you more at supermarkets, use that card when you stock up on groceries. Etc. Different cards maximize different things. Be aware before you swipe and always use the best credit card for the situation. And on a similar note...
  • Actually use your card. Again, it feels a bit silly evening mentioning it, but if you don't use your card, you won't earn rewards. Channeling every single purchase on your card and then paying your balance off each month only benefits you. If you have a credit card that earns you 4% cash back on dining purchases, don't just stash it away when dinner is done. Use it for gas, groceries, new furniture, airfare, clothes, etc. (unless you have another credit card that'll earn you more on those categories - see point one). Just because it offers a bonus in one category doesn't mean you won't earn in other categories as well. Remember, most rewards cards offer at least 1% back on all "other" purchases, and 1% back is better than none.
  • Make sure you meet the bonus spending threshold before the introductory period expires. This goes hand in hand with actually using your card. If you sign up for a card that offers you a welcome bonus and you must spend a certain amount of money within a certain amount of time to receive this bonus, make sure you do just that. Even if you don't think you'll spend that much with your card every month, try and do it at least during the introductory period so you don't miss out on the bonus.
  • Pay close attention to offer period details. Some of the rewards cards we mention in this post offer a number of time frames you'll want to be aware of. Whether it's a rewards bonus period like we just covered above, a zero-interest introductory period for purchases and/or balance transfers, or rotating rewards categories, you'll want to be sure to pay close attention to your card details. For example, the Chase Freedom Flex℠ card offers 5% cash back in rotating quarterly categories. If you're looking to make a large purchase at a home improvement store, and the 5% cash back bonus is offered at home improvement stores between, say, January and March, you won't benefit as much if you stock up on paint and other home supplies in April. Or say you want to use your Citi® Diamond Preferred® Card to refurnish your living room, but you need a little extra time to pay the cost off. It won't help you much if you rack up a lot of interest-free debt, let it sit for 18 months (the length of the 0% APR intro period) and then decide to pay it all off at month 19 when the intro period is over and the regular rate of 13.74% - 23.74% Variable applies. You'll find yourself worse off than you started if that ends up being the case. Most issuers make these type of details pretty transparent to users. Just make sure you're paying close attention.

PERSONAL LOANS VS. CREDIT CARDS

If you're a new homeowner, chances are, you just took out the most substantial loan you may ever take in your life, and the thought of taking out another loan sounds unbearable. Life is full of unexpected surprises though, and finding yourself with a new financial burden (in addition to your mortgage) so quickly after buying a home can feel overwhelming.

If you're looking to finance a project or to pay for an emergency situation, and you don't quite have all the funds you need yet, you might want to see if you qualify for an intro 0% APR credit card. We talk about a few of our favorites above, but there are a plethora of other 0% intro APR credit card options to consider as well. Some of these cards offer 12, 15, and even 18 month introductory periods where you won't have to pay interest on new purchases during that time frame. Pick the right card and you can easily spread out your payments over a year to a year and a half without paying interest or fees.

If You take this route though, you'll want to be sure to pay off your balance before your zero-interest introductory period ends, as the standard APR will then kick in, and standard credit card rates are rarely cheap forms of a loan.


Survey Methodology: CardRatings commissioned Op4G in September and October 2020 to conduct surveys among 1,746 cardholders nationwide. CardRatings website analytics from Jan. 1, 2020-Aug. 31, 2020 were used to determine a selection of the most popular cards and additional cards were added to add survey breadth. Responses to each of nine questions were given on a scale of 1-10 and respondents' scores were then averaged under broad topics. To determine the overall score, responses from questions 1-8 were summed and the answer to "How likely are you to recommend this card to a friend, coworker or family member?" was double weighted.

Ranking Methodology: CardRatings experts review the fine print, details, perks, rewards and features of hundreds of cards and compare them side-by-side with similar cards. A card that makes an excellent balance transfer card may not make a great cash-back rewards card even though it offers those rewards. While the Best of the Year list is announced annually, that list – and all other “best of” lists on CardRatings – are regularly reviewed and updated as issuers change the terms and features of each card often.

To see the rates and fees for the American Express cards in this post, please visit the following links: Blue Cash Preferred® Card from American Express (See Rates and Fees); Blue Cash Everyday® Card from American Express (See Rates and Fees)

Disclaimer: The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.

This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. CardRatings.com does not review every company or every offer available on the market.

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