Best Visa Credit Cards
If Visa is your payment network of choice, you have a lot of great credit card options. Which card is best for you depends on your spending habits, debt status and rewards preferences. Read on for more information about the best Visa cards on the market.
Best signup bonus: Chase Sapphire Preferred® Card
If you spend the bulk of your money on dining out and travel, the Chase Sapphire Preferred® Card is the way to go. It offers 2X points back on travel and dining, and 1 point per dollar spent on everything else. But its major draw is the signup bonus: You’ll Earn 40,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. And an additional 5,000 points for adding an authorized user and making a purchase in three months.
The signup bonus may seem pretty standard for competitive travel cards, but it can be worth more than the typical bonus when redeemed for travel. You’ll get a point value of 1.25 cents if you book travel through Chase Ultimate Rewards, making the signup and authorized user bonuses worth $562.50 combined. Or, if you pride yourself on your mad travel hacking skills, you may be able to get a higher value by transferring points to one of Chase’s partner programs.
The Chase Sapphire Preferred® Card has an Introductory Annual Fee of $0 the first year, then $95 and no foreign transaction fees.
Best for high cash rewards: Chase Freedom®
If you spend according to the season, a 5% rewards card may net you higher cash back. The Chase Freedom® offers 5% back on rotating bonus categories, up to $1,500 spent per quarter. Here are the 2015 bonus categories:
- Q1 (January – March): Grocery stores, movie theaters and Starbucks stores
- Q2 (April – June): Restaurants and more (in 2014, Lowe’s home improvement stores)
- Q3 (July – September): Gas stations and more (in 2014, Kohl’s)
- Q4 (October – December): Amazon.com and more (in 2014, Zappos.com and select department stores)
For any spending above the $1,500 per quarter, or purchases outside the 5% categories, you’ll be rewarded at 1%. There’s also a cash signup bonus: Earn a $100 Bonus after you spend $500 on purchases in your first 3 months from account opening. And if you add an authorized user and make a purchase within three months, you’ll get an additional $25.
The Chase Freedom® has an annual fee of $0 and a 0% for 15 Months on purchases and $5 or 3% of the amount of each transfer, whichever is greater, on balance transfers, and then the ongoing APR of 13.99%-22.99% (Variable).
Best flat-rate travel rewards: Capital One® Venture® Rewards Credit Card
on Capital One's
on Capital One's
The Capital One® Venture® Rewards Credit Card has an annual fee of $0 intro for first year; $59 after that, but no foreign transaction fees.
Best for debt relief: Chase Slate®
Rewards are great, but they don’t matter if you’re paying credit card interest. If you’re in debt and need a balance transfer offer for interest relief, the Chase Slate® is the card of your dreams. It has no balance transfer fees and you’ll enjoy a 0% Intro APR for 15 months on purchases and balance transfers, and then the ongoing APR of 12.99% - 22.99% Variable. Plus, the annual fee is $0.
Best for businesses: Ink Plus® Business Credit Card
The Ink Plus® Business Credit Card tops our list for the best business cards in the industry. If offers rewards on all the purchases your business makes most:
- 5X points per $1 spent on office supplies and cable/telecom services, up to $50,000 spent annually
- 2X points per $1 spent on gas and hotels, also up to $50,000 spent annually
- 1 point per $1 spent on everything else
Like the Chase Sapphire Preferred® Card, you can use your points to book travel through Ultimate Rewards at a rate of 1.25 cents per point, or transfer points to Chase’s partner programs. The Ink Plus® Business Credit Card also has a sweet signup bonus: Earn 50,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®.
The card has a $0 intro annual fee for the first year, then $95, and it charges no foreign transaction fees. Consequently, it’s a good pick for whenever your business takes you abroad.
Best for flat-rate cash rewards: Capital One® Quicksilver® Cash Rewards Credit Card
For high rewards on every purchase, check out the Capital One® Quicksilver® Cash Rewards Credit Card. It offers 1.5% cash back, redeemable for check or statement credit in any amount, at any time. Plus, there’s a cash signup bonus: One-time $100 bonus after you spend $500 on purchases within the first 3 months.
The Capital One® Quicksilver® Cash Rewards Credit Card has an annual fee of $0 and no foreign transaction fees. If you need some time to pay down your initial purchases, you’ll enjoy the introductory APR of 0% intro on purchases until March 2016 and 0% intro on balance transfers until March 2016, and then the ongoing APR of 12.9% - 22.9% (Variable).
Image via iStock.