Top Credit Card Picks of 2016
Discover the most popular credit cards of 2016 with options suited for travel, cashback, and credit building. Learn about key features, bonus offers, and fee structures to find the ideal card for your needs. Stay informed with expert-selected top picks that maximize rewards and benefits while considering rates and fees. Perfect for those seeking to compare and choose the best credit card from the year's leading options.
Popular Credit Cards in 2016
Looking for the best credit card options? Here’s a list of the most favored cards in 2016, according to various comparison sites. Most of these require a strong credit score, so check your credit status before applying.
BankAmericard Travel Rewards - Best for Travel Perks
Offers a 0% Intro APR on purchases for 12 months and no annual fee, making it ideal for saving during the first year. The regular APR ranges from 15.49% to 23.49% (variable).
It earns 1.5 points per dollar spent. Spend $1000 in the first 90 days and receive 20,000 bonus points, which can be redeemed for $200 in travel expenses.
Capital One VentureOne Rewards - Travel Rewards
No annual fee and a low introductory APR for 12 months. Ongoing APR varies from 12.49% to 22.49%. Earns 20,000 bonus points after spending $1000 in the first 3 months, equal to $200 in travel savings. You earn 1.25 miles per dollar, with no foreign transaction fees, and miles don’t expire.
Chase Sapphire Preferred - Flexible Travel Redemption
Recognized as the Best Card for Travel Flexibility by Kiplinger’s. Earn 50,000 bonus points after spending $4000 in the first three months—worth $625 in travel when redeemed via Chase Ultimate Rewards. No annual fee for the first year, then $95. Earn 2x points on travel and 1 point on other purchases. No foreign transaction fees and points can transfer 1:1 to major airline and hotel loyalty programs.
Discover It Cashback Match - Double Cashback First Year
No annual fee. Introductory 0% APR on purchases and balance transfers for 14 months. After that, APR ranges from 11.49% to 22.49%. Earn 5% cashback in rotating categories quarterly, plus 1% on other purchases. Rewards don’t expire. At year-end, discover matches all cashback earned, doubling rewards.
Discover It Secured - Credit Building
For those with limited or poor credit, this secured card helps build credit. No annual fee, 1% cashback on all purchases, and a low 10.99% balance transfer rate for six months. Ongoing APR is 23.49%. The card matches your cashback at year-end, essentially doubling earnings. Choose based on your credit goals, while noting APRs and fees to avoid surprises.
