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On Tuesday, US News & World Report unveiled its 2021 Best Credit Cards Awards, recognizing credit cards that help consumers in the Covid-era economy.
The Credit Card Awards category for 2021 includes Best Airline, Balance Transfer, Business, Cash Back, Prize, Student, Travel and Credit Card with an initial annual percentage rate of 0%.
In addition, a new “Editor’s Choice Award” for 2021 has been introduced. The latest honor has been called “the best credit card for the new general”, recognizing affordable cards with no annual fee and 0% initial APR offer fur, plus daily rewards for versatile home purchases.
The winning cards were determined based on a comprehensive, data-based method that included factors such as prize rates, sign-up bonuses, annual, foreign transaction and balance transfer fees, and introductions and current APR.
To determine which card is best in each category, U.S. To calculate the annual scores by News, Top Cards has compiled the scores received each month. The winners of the US News Best Credit Cards Award had the highest average scores in their respective categories last year.
To qualify for the US News Best Credit Cards rating, U.S. A card must be active in the News Credit Card Database and must be available nationwide from major US credit card issuers.
Below are the 2021 winners for each category:
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The 2021 winner is Chase Freedom Flex for the best credit card for the new generic and best cash back credit card.
New cardholders receive a modest sign-up bonus with a low minimum spending requirement and a 200 200 cash bonus after spending $ 500 on purchases in the first three months of account opening.
5% cash back up to $ 1,500 in quarterly activated bonus categories at Chase Freedom Flex Card Awards, 5% back on travel through Chase Ultimate Rewards Portal, 5% back up to 12,000 in grocery store suitable for first year, 5% back in elevator in March 2022 Rides, a 3% refund on meals, including takeout and eligible delivery services, plus a 1% refund on drug store purchases and other 1% eligible purchases.
Provides a 15-month 0% annual percentage rate for card purchases, followed by an APR variable of 14.99 to 23.74%. There is no annual fee on card balance transfer but 5% or minimum fee.
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The winner and best travel award card for the 2021 Best Winner Card is the Capital One Ventures Reward Card.
New cardholders can earn 100,000 bonus miles when they spend 000 20,000 on purchases in the first 12 months after opening an account, or even earn જો 50,000 if they spend 000 3,000 on purchases in the first three months. In addition, cardholders earn an unlimited 2x miles per day, on each purchase. Miles will not come for account life and there is no limit to how much you can earn.
Cardholders can also receive an application fee credit of up to $ 100 for Global Entry or TSA pre-checks and redeem prizes ranging from vacation rentals to car rentals and more travel. Miles can be transferred to more than 10 travel loyalty programs.
The annual fee for the card is $ 95 but there is no foreign transaction fee. It also has a variable APR of 17.24% to 24.49%.
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The 2021 winner for Best Balance Transfer Credit Card and the best 0% APR Credit Card is City Diamond Preferred Card.
Citi Diamond Preferred Card provides 0% initial APR on purchases and balance transfers for the first 18 months from the date of account opening and the date of first transfer. After that, the currency APR will be 14.74% to 24.74%, depending on the credit worthiness. The balance transfer must be completed within four months of opening the account. The card has a balance transfer fee of either 5 or 3% of each transfer amount, whichever is higher.
In addition, the card provides free access to the user’s Fico score online and access and special access access to purchase tickets for thousands of events through Siri Entertainment, including events, sporting events, dining experience and more.
Cardholders also receive security benefits, including a 0 liability on unauthorized purchases and City Identity Theft Solutions, account alerts for sending reminders about your balance level, when no payment is due or when you exceed your credit limit, and contactless payment options. .
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The 2021 winner for the best airline credit card is the Chase Sapphire Preferred Card.
New cardholders can earn 60,000 bonus points after spending 4 4,000 on purchases in the first 3 months after opening an account, while credit card users are offered $ 750 for travel when they redeem points through Chase Ultimate Rev. Rds.
In addition, the card offers 2x points on travel and meals in restaurants worldwide, 1 point per dollar spent on eligible delivery services, withdrawals and meals and all other purchases. Card Pay also offers self-back fur, where users get 25% more points for statement credits against existing purchases in selected, rotating categories when they redeem them.
Chase Sapphire Preferred Card, a subscription service to Drupas, also offers a delivery fee of up to un 12 for an unlimited delivery on orders of at least વર્ષ 12 for at least one year upon qualifying to purchase food with Dashpas. Cardholders can also earn 2x total points up to x 1000 per month at the grocery store, including eligible picks and delivery services, from November 1, 2020 to April 30, 2021.
The annual fee for the card is $ 95 but there is no foreign transaction fee. It also has variable APR ranging from 15.99% to 22.99%.
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The 2021 winner for Best Business Credit Card is the Royal Business Cash Credit Card.
After spending 7 7,500 on purchases in the first three months of account opening, new cardholders will receive a cash bonus of $ 750, 5% cash back on the first $ 25,000 spent on joint purchases at account fee supply stores and internet, cable and phone services annually on each account’s anniversary. 2% cash on the first $ 25,000 spent on joint purchases at gas stations and rest at rent, 1% cash on the anniversary of each account, and 1% cash on all other matters.
The card also offers an initial 0% APR promotion for 12 months upon purchase. Then, depending on the credit worthiness, the APR can be variable from 13.24% to 19.24%. If you want to transfer the balance, the fee is the transfer amount with a minimum of 5%. The card does not charge an annual fee.
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The winner of the Best Student Credit Card for 2021 is the Bank of America Cash Rewards Credit Card for students.
New account holders receive a 200% cash prize cash bonus after making a purchase of at least $ 1000 in the first 90 days before opening an account, 3% cash back in the range of your choice including gas, shopping online shopping, traveling, dining, drug stores and home. 2% cash in renovation and furnishings, grocery store and wholesale club and 1% cash on all other purchases. 3% and 2% cash back earnings are eligible for a combined selection category, grocery store and wholesale club purchases up to $ 2500 per quarter and do not expire.
There is also a 3% balance transfer fee with a minimum spending limit of $ 10 and gro 2,500 on the category of your choice and bonus prize classes for grocery stores and wholesale clubs.
Cardholders also get free access to their monthly FICO credit score. After selecting a credit score program, the card user’s FICO score is updated monthly. In addition, users are given tips and advice on how to maximize their credit score.
For students, the Bank C America Cash Rev Ward Credit Card does not have an annual fee and provides a 12% billing cycle on purchases and a 0% initial APR for any balance transfer within 60 days of account opening. Then, depending on your creditworthiness, there is a variable APR of 13.99% to 23.99%.
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