Wells Fargo Business Platinum Credit Card
The Wells Fargo Business Platinum Credit Card offers a choice between cash back or rewards points. Choose the cash back option and earn 1.5% cash back on qualifying purchases. Choose the rewards points option to earn 1 point on every $1 spent and receive 1,000 bonus points every billing cycle when you spend at least $1,000 on qualifying purchases. Theres no annual fee and a 0% introductory rate for the first nine months.
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Benefits Of Using Credit Cards
When credit cards are used responsibly and to their full potential, they provide convenience and value that you dont get with other payment methods, in ways that include:
- Access to a line of credit, which grants you some extra money to cover major expenses.
- Chip readers, online payment portals and digital wallets that make transactions easy and virtually instantaneous.
- Rewards programs that earn cash back, travel miles and multi-purpose rewards.
- Security features that reduce your vulnerability to fraudulent charges.
- Tools designed to help you build or repair your credit and manage your budget.
- Short-term financing in the form of a grace period or promotional APR offers.
- Ancillary benefits like travel insurance, car rental insurance, extended warranties or purchase protection, which are offered by many of the better cards on the market.
Best Major Credit Card For Businesses
The Ink Business Preferred Credit Card from Chase gives business owners flexibility, competitive interest rates, and access to the best rewards platform in the industry. Every cardholder can earn three points per $1 spent on the first $150,000 used for travel and in select business categories each year. All other purchases earn an unlimited one-point per $1 spent.
| $0 | Average, Fair, Limited |
Capital One regularly monitors cardholders accounts to see if they qualify for card upgrades or credit limit increases. You may qualify for one of these perks after you make your first five payments on time.
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Best Store/retail Credit Card
If you regularly cross off your shopping list at Shoppers Drug Mart and Loblaws banner grocery stores , then the PC Financial World Elite Mastercard is a no brainer.
The premium, no-fee retail credit card earns between 45 to 30 PC Optimum points per dollar spent at affiliate retailers , and 10 PC points per dollar everywhere else you swipe the card . With over 4,500 retail and gas locations affiliated with the PC Optimum program, thereâs no shortage of opportunities to rack up bonus points.
PC Optimum points can be redeemed for purchases from Shoppers Drug Mart and Loblaws banner grocery stores in increments of 10,000 points for $10.
To qualify for the PC Financial World Elite, youâll need to earn an annual income of $80,000 . If you donât hit those minimum income requirements, the good news is you can still qualify for PC Financialâs other great no fee retail credit cards.
Why we like it:
Thanks to its impressive earn rates of between 4.5% to 3% and its partnership with some of Canadaâs largest grocery, pharmacy, and gas station brands, the PC Financial World Elite stands out for being one of the best no fee credit cards for purchasing household essentials.
It also doesnât hurt that the PC Optimum Points program is extremely easy-to-understand and flexible .
Additional perks:
Top Cash Back Credit Cards
Wells Fargo Active Cash Card: Enjoy 2% cash back on purchases, plus a great bonus offer and intro APR period. Read our review of the Wells Fargo Active Cash Card.
Citi Custom Cash Card: Bonus rewards that adjust automatically, making sure you earn the highest cash-back rate in the category where you spend the most money. Read our review of the Citi Custom Cash Card.
Chase Freedom Unlimited®: Bonus cash back in popular categories and a solid 1.5% back on everything else. Read our review of the Chase Freedom Unlimited®.
Citi® Double Cash Card 18 month BT offer: Earn 2% cash back on every purchase 1% when you buy it and another 1% when you pay it off. Read our review of the Citi® Double Cash Card 18 month BT offer
Blue Cash Preferred® Card from American Express: Perhaps the ultimate family card, with outstanding cash back on a lot of the necessities of modern life. Annual fee: $0 intro for the first year, then $95. Read our review of the Blue Cash Preferred® Card from American Express.
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The Best Capital One Business Credit Cards
The Spark line of business credit cards from Capital One has long been a favorite of business owners looking for quick approvals that serve a wide variety of personal credit scores. Capital One has one of the best all-purpose travel rewards cards as well, meaning its line of cards can be a great fit for business owners looking for cash back or miles and those who travel often but arent loyal to a specific airline or hotel chain. Capital One also has business credit cards that operate on both Mastercard and Visa payment networks, which provides some flexibility if you have a preference.
How Do You Get A Black Card In Canada
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The Best Credit Cards For Startups
Not all business credit cards are created equal and startups have some very unique needs that a business credit card can help solve. Whether youre a sole prop startup or have already incorporated or formed a partnership, there are business credit cards that can help you access a line of credit quickly while leveraging your personal credit.
Best For Online Shopping: Amazon Prime Rewards Visa Card
What to Know About This Card
- Annual Fee: None
- Rewards Program Highlights: 5% cash back on purchases at Amazon.com or Whole Foods 2% at restaurants, gas stations and drug stores
- Introductory Offers: $100 Amazon gift card
- Top Perks: Up to 20% of some Amazon products with exclusive deals no foreign transaction fees
- Team Clark Card Review
Why We Like It: If you need to buy something online, theres a good chance that Amazon has it and will deliver it to your front door tomorrow-ish. So if you had to pick just one card for your online shopping, getting 5% off everything you buy from Amazon and Whole Foods seems like a sound strategy. This card is on our list of best credit cards with no annual fee.
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Capital One Platinum Credit Card
Best for no annual fee
- This card is best for: People with fair credit looking for a no annual fee card that will help build creditworthiness.
- This card is not a great choice for: People who may need to carry a balance over time because of the fairly high regular APR.
- What makes this card unique? This card charges no annual fee and its possible for people with a credit score as low as 580 to be approved.
- Is the Capital One Platinum Credit Card worth it? If you use the card to build your credit score at the same time, it can definitely be worth it. However, once your credit score hits the high-600s, you might find more value in a rewards-earning card for good credit.
Best Credit Cards Of February 2022
Articlesby Madison Blancaflor Articlesby Stella Shon Articlesby Juan Ruiz This page is a marketplace where our partners can highlight their current card offers. The reviews and insights represented are editorial, but the order in which cards appear on the page may be influenced by compensation we may receive from our partners.
The team at TPG has done a lot of the research for you, compiling our top picks of the best credit cards from our partners available on the market today.
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Look At Other Credit Card Benefits
Like all businesses, credit card issuers compete for customers. Therefore, they often offer a slew of value-added benefits designed to sway you to do business with them instead of their competitors. Common benefits include:
- Car rental protection that covers you in the event of a rental car collision
- Cell phone protection that reimburses you for a lost or damaged phone
- Travel insurance that covers you in case a trip is delayed or canceled
- Travel credits that you can use toward baggage fees or in-flight refreshments
- Purchase protection that reimburses you in the event that your newest treasure is accidentally damaged or stolen.
Shop around if you’re going to get a new credit card, you might as well choose one with benefits that appeal to you.
Triangle Mastercard From Canadian Tire*
The Triangle Mastercard from Canadian Tire lets you earn your rewards in Canadian Tire Money . Get a generous 4% in CTM when you shop at Canadian Tire, Sport Chek and Marks and other affiliate stores, and 1.5% on up to $12,000 of purchases at grocery stores . You also get $0.05 back per litre of gas from Gas+ and participating Husky stations.
You may fondly remember the brightly-coloured bills of Canadian Tire Money stashed in parents glove boxes when you were younger. While the program has evolved , it still has a strong Canadian flavour. Redeem your CTM at sporting goods stores , clothing retailers , and, of course, Canadian Tire. This card is a clear choice for those who regularly shop at Canadian Tire. And it might even win over some who dont, with its no-fee financing option, which lets you make interest-free installments on qualifying purchases of at least $150 at Canadian Tire or affiliate stores.
- Welcome Offer: 15% back in Canadian Tire Money on your first purchase at a participating retailer up to $50
- Earn Rate: 4% back on purchases at Canadian Tire, Sport Chek, Marks/LÉquipeur, Atmosphere, Party City, Sports Rousseau, Hockey Experts, LEntrepôt du Hockey, and participating Sports Experts stores 1.5% on grocery stores , up to $12,000 per year $0.05 per litre back at Gas+ and Husky stations
- Additional Benefits: No-fee, no-interest financing on eligible purchases of $150 or more personalized offers
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Top Rewards Credit Cards
Capital One Venture Rewards Credit Card: A study in simplicity: Earn 2X miles on purchases . Read our review of the Capital One Venture Rewards Credit Card.
Wells Fargo Active Cash Card: Enjoy 2% cash back on purchases, plus a great bonus offer and intro APR period. Read our review of the Wells Fargo Active Cash Card.
Citi Custom Cash Card: Bonus rewards that adjust automatically, making sure you earn the highest cash-back rate in the category where you spend the most money. Read our review of the Citi Custom Cash Card.
Citi® Double Cash Card 18 month BT offer: Earn 2% cash back on every purchase 1% when you buy it and another 1% when you pay it off. Read our review of the Citi® Double Cash Card 18 month BT offer
Blue Cash Preferred® Card from American Express: Perhaps the ultimate family card, with outstanding cash back on a lot of the necessities of modern life. Annual fee: $0 intro for the first year, then $95. Read our review of the Blue Cash Preferred® Card from American Express.
How To Transfer A Credit Card Balance
Once youve chosen the card you want to transfer a balance to, you can apply online or via phone call with the bank. During the application process, youll have the option to transfer your balance to the new card. If the card youre transferring a balance to has a balance transfer fee, that will be automatically added to the total balance youll owe on the new card.
Keep in mind you generally cant transfer a balance from one card to another card issued by the same bank, and some banks will have limits, regardless of your credit score, of how much youre allowed to transfer to a new card.
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Capital One Spark Cash Plus: Best For Big Business Spenders
The Spark Cash Plus is a charge card that offers small business owners a very large new account bonus, and an easy way to earn a high rate of cash back on all purchases. But as a charge card, you must pay your statement balance in full, each month.
Pros:
- Unlimited 2% cash back on every purchase, every day
- Earn a $500 cash bonus once you spend $5,000 within the first three months of account opening, and another $2,500 once you spend $50,000 within the first six months, for a total of up to $1,000
- $200 bonus each year you spend $200,000 on your card
Cons:
- Few premium card benefits
- $150 annual fee
If you use your credit card for a large amount of small business spending, and really want to maximize your rewards, consider signing up for the new Capital One Spark Cash Plus. This card offers a welcome bonus worth $500 when you use your card to make $5,000 in purchases within three months of account opening, and another $2.500 when you spend a total of $50,000 within the first six months, for a total of $3,000. On top of the bonus cash back, youll get 2% cash back on everything you buy with the card.
Hilton Honors American Express Surpass Card
130,000 Hilton Honors Bonus Points after you spend $2,000 in purchases on the Hilton Honors American Express Surpass Card in the first 3 months of Card Membership. Plus, you can earn an additional 50,000 Hilton Honors Bonus Points after you spend a total of $10,000 in purchases on the Card in the first 6 months.
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Know What You’re Looking For
Everyone has different needs when it comes to credit cards. For frequent travellers, a credit card with a travel points system can help them save money on flights and accommodations. For those who use their card for everyday items like gas and groceries, a category-specific cash back card with a great earn rate can make their lives much easier.
Think about your spending habits and what you ultimately want this card to do for you. It may even help to make a short list of your must-haves all the way down to the “would be nice, but not essential” type of features. This will help you choose a card that’s right for you.
What Is The Biggest Credit Card Company
Chase was part of JPMorgan Chases early venture into financing. The U.S. company Chase is arguably the best issuer of credit cards. Purchase volume and card volume both fell behind, although e-commerce companies enjoyed growth. With the highest share of the market for purchases, Chase has the second highest total of cards. See our list of the Best Chase credit cards for more information.
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Ideally How Many Credit Cards Should I Have
Your spending habits and ability to pay all bills on time determine the sweet spot for you as an individual.
Americans on average have three credit cards and 2.3 retail cards, according to a 2021 report by Experian. Most people build their credit portfolio over time as they age and their credit needs expand.
However, its important to note: You must be at least 18 years old to apply for a credit card, and it might be difficult to get approved if you’re under 21.
As you start out with credit, Its a good idea to focus on building good financial habits. Having a reliable income is only one piece of the puzzle. Things like good organizational skills, a solid understanding of how to manage money and an ability to meet deadlines are crucial.
Ology For Selecting The Best Credit Cards For College Graduates
- In selecting the cards with the best rewards for graduates with good credit, we considered how much someone who pays his or her bills in full every month would save, taking into account the cards annual fee. We used the average Americans $36,506 in annual expenditures that can be paid for with a credit card as a benchmark.
- In selecting the best travel rewards, we considered the student credit cards which offer the highest value per redeemable points towards travel, the cards annual fee and the foreign transaction fee.
- In selecting the best credit cards for 0% financing, we identified the student cards with the longest 0% introductory periods and used their regular APRs as a tiebreaker.
- Selections for the best credit cards for graduates with no .EDU email or credit missteps are based on the security deposit required and the annual fee
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How To Apply For A Credit Card