
There are many options for best credit cards in 2020. These cards include high-tier rewards, balance transfer, student and interest-free cards. How can you decide which card is right for you? Based on our methodology, here's a list containing the best 2020 credit cards. Continue reading to find out more. We have sorted through hundreds more offers than 60 companies using our methodology.
Credit cards with no interest
A number of attractive deals are available to new cardholders due to the intense competition among credit card issuers. Many of these deals provide interest-free credit card for a 12- to 21-month period. These deals don't last forever and there is typically no annual or balance transfer fee. Any balance remaining after the introductory period ends will begin to accrue interest at the regular rate of 12-25 percent annually.
In order to avoid paying interest on new purchases, it's important to pay off your balance in full each month. You might need to pay off the balance in full each month for large, one-off purchases. A card with a lower interest rate may be more appropriate. In these cases, it is a good idea to choose an interest-free credit card with a lower annual percentage rate. If your monthly expenses are low, you can even opt for a 0% introductory period card.

High-tier rewards cards
Many rewards credit cards are available. But, it's important to remember that interest rates can rise throughout the year if you still have a balance. You can save money this year by taking advantage of extended 0% balance transfer windows. These deals are available for existing customers and not only new applicants. Our 51 picks of the top rewards credit cards in 2020 span 17 categories. They provide strong rewards for all types of purchases, with simple rules.
Chase Freedom Unlimited: This credit cards offers 5% cashback on pre-paid travel reservations and other purchases. Other categories of rewards include gas stations, restaurants, or internet purchases. The cash back can be used to redeem any amount. It can be used as a bank deposit or account credit. You can also use the 5% cashback to buy a gift certificate if you prefer to give a charitable present. There are many other benefits to the Chase Freedom Unlimited Card. 100 dollars in statement credits will be available for eligible software subscriptions.
Student credit cards
A student creditcard is one way to build your credit score. When you responsibly use your credit card, you can earn store vouchers and air miles. But, you will lose your rewards if the balance is not paid in full each monthly. You may be able to earn rewards depending on which card issuer you have. The following tips will help build your credit score.
You should be familiar with the benefits and features offered by each company before you apply for a student credit card. Many student cards offer 1% cashback for purchases. Others offer bonus rewards if your payments are made on time and you spend a certain sum of money within the first few month of account opening. Most student cards are reported to all three major credit agencies. You can also add years of positive credit information to your credit score by paying on time.

Balance transfer cards
You should evaluate your credit score and how much debt you owe before you consider balance transfer credit card options. Also, make sure you are able afford to pay the high interest. These factors will impact which balance-transfer credit cards you choose. To make the process easier, we have compared hundreds of cards for their balance transfer appeal. There are five cards that don't have an annual fee and none that do.
The benefit of balance transfer credit is the ability to consolidate your debts into one low monthly payment. The best offers are available to those with excellent credit. Balance transfer cards that are the best come with an introductory period. After which, your balance is charged at a regular interest rate. Some offer cash back rewards, while others have modest cashback options. If you are looking to consolidate debt quickly, balance transfer credit cards will be an excellent option.