Best of
Best Mastercard Credit Cards of August 2020
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Mastercard credit cards are accepted widely both in the U.S. and internationally. If you’re in the market for a new Mastercard, options abound — and there’s no such thing as a single “best” Mastercard card for everybody. To decide which card is best for you, consider your spending, debt and rewards preferences.
Mastercard credit cards are accepted widely both in the U.S. and internationally. If you’re in the market for a new Mastercard, options abound — and there’s no such thing as a single “best” Mastercard card for everybody. To decide which card is best for you, consider your spending, debt and rewards preferences.
Best Mastercard Credit Cards From Our Partners
Our pick for
Cash back
on Citibank's application
on Citibank's application
Annual Fee
$0
Regular APR
13.99% - 23.99% Variable APR
Intro APR
0% on Balance Transfers for 18 months
Recommended Credit Score
- Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
- To earn cash back, pay at least the minimum due on time.
- Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 13.99% - 23.99%, based on your creditworthiness.
- Balance Transfers do not earn cash back.
- If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
- There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
- The standard variable APR for Citi Flex Plan is 13.99% - 23.99%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
- Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
- To earn cash back, pay at least the minimum due on time.
- Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 13.99% - 23.99%, based on your creditworthiness.
- Balance Transfers do not earn cash back.
- If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
- There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
- The standard variable APR for Citi Flex Plan is 13.99% - 23.99%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
The Citi® Double Cash Card – 18 month BT offer is one of the best rewards cards on the market, partly because it’s so simple: You get straight cash back — there are no points or bonus categories to keep track of. Cardholders can shop as they normally would and get a high rewards rate on every purchase.
Pros
The card offers a 2% cash-back rate on all purchases: You get 1% back on every dollar you spend and another 1% back when you pay off your purchases, for an annual fee of $0.
Cons
This offer does not include a sign-up bonus or a 0% intro APR period on purchases, nor does the card have any bonus categories. Higher cash-back percentages can be had on different cards for specific categories. There’s a minimum cash-back redemption of $25.
Our pick for
College students
on Deserve's website
on Deserve's website
Annual Fee
$0
Regular APR
18.74% Variable
Intro APR
N/A
Recommended Credit Score
- Receive one year of Amazon Prime Student on Deserve after spending $500 in the first three billing cycles with your EDU card (Lifetime Value of $59).
- Earn 1% Cash Back on all purchases with your Deserve EDU Mastercard. Once approved, you'll automatically start earning cash back on all purchases.
- Feel secure with cell phone protection up to $600.
- No deposit required. No annual fees.
- No international transaction fees on purchases abroad so you can travel with confidence.
- No Social Security Number required for international students to apply.
- Refer A Friend Program: Refer anyone to Deserve using your personal referral code. Upon approval, card activation and use, you'll receive $30 and so will your referral. Referral bonuses are unlimited!
- Manage and track your spending, set automatic payments and securely freeze your card all through one easy to use app.
- See if you prequalify with no impact to your credit score in minutes.
- Deserve Mastercards are issued by Celtic Bank, Member FDIC.
- Enjoy Mastercard Platinum Benefits intended to make your life easier like Mastercard ID Theft Prevention™ and Master Rental®.
- Receive one year of Amazon Prime Student on Deserve after spending $500 in the first three billing cycles with your EDU card (Lifetime Value of $59).
- Earn 1% Cash Back on all purchases with your Deserve EDU Mastercard. Once approved, you'll automatically start earning cash back on all purchases.
- Feel secure with cell phone protection up to $600.
- No deposit required. No annual fees.
- No international transaction fees on purchases abroad so you can travel with confidence.
- No Social Security Number required for international students to apply.
- Refer A Friend Program: Refer anyone to Deserve using your personal referral code. Upon approval, card activation and use, you'll receive $30 and so will your referral. Referral bonuses are unlimited!
- Manage and track your spending, set automatic payments and securely freeze your card all through one easy to use app.
- See if you prequalify with no impact to your credit score in minutes.
- Deserve Mastercards are issued by Celtic Bank, Member FDIC.
- Enjoy Mastercard Platinum Benefits intended to make your life easier like Mastercard ID Theft Prevention™ and Master Rental®.
The Deserve® EDU Mastercard for Students is an excellent option for students who can’t qualify for a credit card because they lack a U.S. credit history, a Social Security number or both.
Pros
The card is ideal for students who can't get approved for other cards because they lack a credit history. International students who don't have a Social Security number may be able to qualify. That's because the issuer uses its own underwriting process to evaluate applications based on alternative criteria. Cardholders get unlimited 1% cash back on all purchases and a statement credit for a 12-month Amazon Prime Student subscription (up to $59).
Cons
Rewards are redeemable only for statement credit, and you’ll have to wait until you have $25 in rewards (equal to $2,500 in spending) before you can redeem. Other cards offer higher rewards rates, if you can qualify for them.
FULL LIST OF EDITORIAL PICKS: BEST MASTERCARD CREDIT CARDS
Click the card name to read our review. Before applying, confirm details on the issuer’s website.
Our pick for: Cash back
Year after year, the Citi® Double Cash Card – 18 month BT offer has been our choice for the best flat-rate cash-back card. You earn 2% cash back on every purchase — 1% when you buy something and 1% when you pay it off. There's no 0% intro period for purchases and no sign-up bonus, but the high rewards rate more than makes up for the lack of bells and whistles. Read our review.
Our pick for: Bonus category travel rewards
The Citi Premier℠ Card earns bonus points on travel, dining and entertainment, and points are worth more when used to book airfare. There's a solid sign-up bonus as well. However, changes are coming to this card in August 2020 that could reduce its value for many travelers. Read our review.
Our pick for: Balance transfers
The Citi Simplicity® Card - No Late Fees Ever has one of the longest available introductory 0% APR periods for balance transfers, and a decent one for purchases as well. It doesn't charge an annual fee, late fees or penalty APRs either. Read our review.
Our pick for: Fair/average credit
This card for people with fair or "average" credit pays the same cash-back rate as the regular Quicksilver card, which targets people with excellent credit. The key difference is that this version charges an annual fee while the regular one does not. Read our review.
Our pick for: Small business
This is the business version of the issuer's excellent no-annual-fee travel card. The Bank of America® Business Advantage Travel Rewards World Mastercard® credit card pays solid rewards on every purchase and gives you wide flexibility in redeeming your points for any travel purchase, without the restrictions of branded airline and hotel cards. Read our review.
Our pick for: College students
The Deserve® EDU Mastercard for Students doesn’t require applicants to have a co-signer or security deposit, and international students don't need a Social Security number. That makes it a little easier to get approved — even for students with limited credit histories. Plus, it comes with a solid 1% back on all purchases. Read our review.
Our pick for: Dining and entertainment
If a night out is more than a once-in-a-while proposition for you, consider the Capital One® Savor® Cash Rewards Credit Card. You get a best-in-class cash-back rate on dining and entertainment, plus bonus rewards at grocery stores. The sign-up bonus is one of the best you can get on a cash-back card. Read our review.
Last updated on June 18, 2020
