Best Credit Cards Right Now – December 2022

There are a lot of great credit cards out there, but which one is the best for you? It all depends on your spending habits and what you’re looking for in a credit card. Do you want cash back or travel rewards? A low interest rate or no annual fee? We’ve gathered the best credit cards of December 2022 so you can compare and find the perfect card for your wallet. Read on to see our top picks!

The best credit cards right now are…

With so many credit cards available to utilize, it can be hard to decide which one is the best choice. However, there are some cards that stand above the rest. Right now, a great bet for most people is a card that offers rewards and low interest rates. Cashback and points programs can be the perfect way to accrue rewards for everything from everyday purchases to larger investments. On top of that, finding a card with great promotional bonuses and low interest rates guarantees you’re making the most of your hard-earned money. With all these things in mind, smart shoppers should have no trouble finding the ideal credit card for their needs.

#1. Chase Freedom Unlimted

  • 5x on travel purchased
  • 3x on dining
  • 2x on all other travel purchases
  • Min Credit Score: 670
  • Annual fee: $95

#2. Wells Fargo Active Cash Card

  • $0 Annual fee
  • $200 welcome bonus
  • Unlimited 2% cash rewards on purchases

#3. Capital One Savor Rewards Card

  • $0 Annual fee
  • $200 welcome bonus
  • 1% to 5% cash back on purchases

#4. Citi Custom Cash Credit Card

  • Annual fee $0 intro annual fee for the first year, then $95 every yeat after
  • Purchasing power and respect that comes with an AMEX card
  • $250 welcome bonus

#5. American Express Blue Cash Prefered Card

  • Annual fee $0 intro annual fee for the first year, then $95 every year after
  • Purchasing power and respect that comes with an AMEX card
  • $250 welcome bonus

How to use a credit card responsibly

Knowing how to use a credit card responsibly is so important for your financial future. It may be tempting to use your card to get the newest gadget, but finding a balance between being smart and shopping is key. Start by making sure you can pay off your balance each month; aiming for full payments will help avoid interest and fees as much as possible. You can also take advantage of incentives from your credit card company, such as cash-back rewards or points that can be used to get discounts on future purchases. Make it a point to check in with your budget often; don’t let the convenience of swiping your credit card make you forget its power and the potential consequences if you overspend. Being mindful of responsible spending habits can help protect your financial plans for years to come.

What to look for in a credit card

When it comes to selecting a credit card, there’s a lot to consider. The best way to choose the right one is to take stock of your financial goals, needs, and spending habits. Look at potential features such as interest rate, rewards programs, fees, cashback bonuses and more. Consider if you want a card with no foreign transaction fees for it would come in handy if you travel often. Research each card carefully and compare to make sure that you’re getting the best deal for your money since many credit cards are tailored specifically for different types of individuals with various preferences. Whether it’s for personal or business use, select the one suited to your criteria for maximum benefits.

The benefits of using a credit card

Using a credit card can be a great way to make your life easier. It’s handy for online shopping, gives you rewards points, helps you set aside funds for larger purchases and protects you from fraudulent charges. On top of all that, having one also improves your credit rating when used responsibly. As long as you keep an eye on your monthly statements and stick to your budget, using a credit card can take the stress out of the financing side of things in your life!

The drawbacks of using a credit card

Using a credit card can have some definite drawbacks which can be a bummer when it comes time to pay up. One of the main issues is that it’s so easy to go over budget without even noticing, as you aren’t paying with actual money. That means you are spending much more than if you use cash, because you don’t truly understand the total amount required. Additionally, often times the interest rate on purchases can be quite high, particularly if you don’t pay off your balance each month in full – which many people struggle to do. On top of that, being reckless by using too many cards or having too much debt could damage your credit score and make life difficult when it comes time to buy something large like a house or car. Credit cards certainly offer convenience, but they come with strings attached – caution is advised!

How to choose the right credit card for you

With so many credit card offers out there today, from cash back rewards to low-interest rates, it can be overwhelming to decide which one is the best for you. Ultimately, it comes down to your own financial needs and goals. Think about what kind of features you’re looking for and how often you’ll use the card. Whether you want a higher reward percentage or the longest grace period before interest kicks in makes all the difference when selecting which credit card is right for you. Depending on whether you’re only interested in short term savings, or getting the most bang for your buck long term, there are tons of options available that fit every personality and lifestyle – so don’t rush to make a decision! Take your time to compare interest rates carefully and read all the fine print before signing up. At the end of the day, who doesn’t love finding a good deal? Then get ready to enjoy all those sweet rewards!

Credit cards can be a great way to earn rewards and build credit, but they also come with some risks. It’s important to understand all of the pros and cons of using a credit card before you apply for one. Once you know what you’re looking for, you can choose the best credit card for your needs. Do you have a favorite credit card? Let us know in the comments below!