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Best Visa Credit Cards of February 2020

NerdWalletFebruary 10, 2020

At NerdWallet, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

NerdWallet's Best Visa Credit Cards of February 2020

Our pick for

Flat-rate cash back

Alliant Cashback Visa® Signature Credit Card

on Alliant Credit Union's website

on Alliant Credit Union's website

Annual Fee

$0 intro for the first year, then $99

Regular APR

11.74% - 14.74% Variable APR

Intro APR

N/A

Recommended Credit Score
The annual fee may be a turn-off, but the Alliant Cashback Visa® Signature Credit Card was specifically designed for bigger spenders. If you spend more than $9,900 a year, it's a better deal than a 1.5% cash-back card with no annual fee. Spend more than $19,800, and it's better than a no-fee 2% flat-rate card.

Pros

The card has a great cash-back rate: 2.5% cash back, up to $10,000 in qualifying purchases per billing cycle. The card also charges no foreign transaction fees, making it a good option for international travel.

Cons

There's an annual fee of $0 intro for the first year, then $99. After the first year, you'll have to spend $4,000 a year to make up for it. You’ll also have to be a member of Alliant Credit Union to qualify. (See membership requirements.)
  • Exclusively designed for those spending $50,000+ a year on their card
  • 2.5% cash back, up to $10,000 in qualifying purchases per billing cycle.
  • No limit to the cash-back awards you can earn
  • No foreign transaction fees
  • Generous credit line
  • $99 annual fee, waived the first year
  • Works with Google Pay, Apple Pay and Samsung Pay
  • $0 fraud liability guarantee from Visa

Our pick for

Bonus category cash back

Chase Freedom Credit Card

on Chase's website

on Chase's website

Annual Fee

$0

Regular APR

16.49% - 25.24% Variable APR

Intro APR

0% on Purchases and Balance Transfers for 15 months

Recommended Credit Score
The Chase Freedom® has one of the best rewards rates out there without an annual fee or a complicated redemption process. If you spend a lot on the 5% bonus categories — and most people do — you’ll easily earn substantial cash back with this card.

Pros

This card offers 5% cash back in rotating bonus categories that you activate, on up to $1,500 per quarter in spending, and 1% on all other purchases. Bonus categories in recent years have included gas stations, grocery stores, restaurants and wholesale clubs. There's a cash sign-up bonus that’s fairly easy to earn: Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.

Cons

Activating and keeping track of bonus categories can be a hassle. You can opt in to the bonus category at any time and get the bonus for the entire quarter — but if you forget, you won’t get 5% cash back. If you don’t spend enough to maximize the bonus categories each quarter, you might earn more rewards with another card.
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • Unlimited 1% cash back on all other purchases - it's automatic
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.49 - 25.24%.
  • 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5.
  • No annual fee
  • Cash Back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.
  • Free credit score, updated weekly with Credit Journey℠

Our pick for

Flat-rate travel rewards

Capital One Venture Rewards Credit Card

on Capital One's website

Annual Fee

$0 intro for the first year, then $95

Regular APR

17.24% - 24.49% Variable APR

Intro APR

N/A

Recommended Credit Score
Simple rewards and flexible redemption have rightly made the Capital One® Venture® Rewards Credit Card one of the most popular credit cards on the market.

Pros

Earn an unlimited 2 miles per dollar spent on everything and redeem miles for statement credit against most travel expenses. You’re not restricted to one airline or hotel, as is the case with co-branded cards. Just book your own travel, then pay for it with rewards.

Cons

You won’t find airline-specific perks with the Capital One® Venture® Rewards Credit Card. If you’re loyal to one particular airline or hotel chain, for example, it might be worth comparing this card with its co-branded cards.
  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn 2X miles on every purchase, every day.
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 12 leading travel loyalty programs
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Named ‘The Best Travel Card' by CNBC, 2018
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that
  • See if you qualify for a better offer with Capital One:

Our pick for

Bonus travel rewards

Chase Sapphire Preferred Credit Card

on Chase's website

Annual Fee

$95

Regular APR

17.49% - 24.49% Variable APR

Intro APR

N/A

Recommended Credit Score
If you're staunchly loyal to a single airline or hotel, a co-branded card might provide specific benefits that the Chase Sapphire Preferred® Card does not. But if you want flexibility in earning and redeeming rewards for a reasonable annual fee, this is the best card around.

Pros

Unlike with cards tied to a specific airline or hotel brand, you can use rewards from the Chase Sapphire Preferred® Card in many places. You earn 2 points per $1 spent on dining and travel and 1 point per dollar on everything else. Points are worth 25% more when you use them to book travel through Chase Ultimate Rewards®, or you can transfer them at a 1:1 rate to several loyalty programs. The sign-up bonus is a huge plus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®.

Cons

As a general travel card, the Chase Sapphire Preferred® Card lacks the special perks — such as free checked bags and free anniversary nights at a hotel — offered by some co-branded cards airline and hotel cards.
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That's 3X points in addition to the 2X points you already earn on travel.

Our pick for

0% interest period

US Bank Visa Platinum Credit Card

on US Bank's website

Rates & Fees
Annual Fee

$0*

Regular APR

15.49% - 25.49%* Variable APR

Intro APR

0%* on purchases and balance transfers for 18 billing cycles*

Recommended Credit Score
If you need to spread out payments on a purchase as long as possible without interest, here's your card.

Pros

The U.S. Bank Visa® Platinum Card gives you a good long time to pay off a major purchase. You get 0% APR for 18 billing cycles on purchases and balance transfers, and then the ongoing APR of 15.49% - 25.49% Variable APR.

Cons

This card offers no rewards, so there's not a very compelling incentive to keep using it after the 0% intro period runs out.
  • 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 15.49% - 25.49%
  • Great offer from U.S. Bank, a 2019 World's Most Ethical Company® - Ethisphere Institute, February 2019
  • No Annual Fee*
  • Flexibility to choose a payment due date that fits your schedule
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your U.S.Bank Visa® Platinum Credit Card. Certain terms, conditions, and exclusions apply.
  • View Rates and Fees

Our pick for

Premium features

Chase Chase Sapphire Reserve Credit Card

on Chase's website

on Chase's website

Annual Fee

$550

Regular APR

18.49% - 25.49% Variable APR

Intro APR

N/A

Recommended Credit Score
The best premium travel card on the market gives you both top-notch rewards (what you get for using the card) and valuable perks (what you get just for carrying the card).

Pros

The Chase Sapphire Reserve® gives you 3 points per dollar spent on travel and dining and 1 point per dollar on all other spending. Points are worth 1.5 cents apiece when redeemed for travel booked through Chase, or you can transfer them on a 1:1 basis to a dozen hotel and airline partners, possibly giving you even more value. You get $300 a year in credit for travel expenses. Add in the big sign-up bonus, and this card can easily pay for itself and then some, even with an annual fee of $550.

Cons

The $550 annual fee is a significant out-of-pocket expense. Much of the value of this card is tied to the $300 annual travel credit; if you don’t travel much, this isn’t the card for you.
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Named "Best Premium Travel Credit Card" for 2018 by MONEY® Magazine
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®
  • One Year Complimentary Lyft Pink ($199 minimum value). Complimentary DashPass subscription from DoorDash after activating by 12/31/21.

Our pick for

Small-business cash back

Capital One Spark Cash Credit Card

on Capital One's website

Annual Fee

$0 intro for the first year, then $95

Regular APR

18.49% Variable APR

Intro APR

N/A

Recommended Credit Score
With unlimited 2% cash back, the Capital One® Spark® Cash for Business is a great deal on its own and can be a powerful complement to the other cards in your wallet.

Pros

Flat-rate rewards cards are like khakis: boring, but they go with everything. When you pair this 2% cash-back card with a tiered rewards card, you’ll always earn more than the “1% back on everything else” that most cards promise. If you’re a one-credit-card type of entrepreneur, a flat-rate card like this will likely offer better long-term value than a tiered rewards card.

Cons

After the first year, you’ll break even on the annual fee only if you put more than $4,750 on the card per year. If you plan to spend less, consider a no-annual-fee card instead.
  • Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
  • Earn unlimited 2% cash back for your business on every purchase, everywhere, no limits or category restrictions
  • $0 annual fee for the first year; $95 after that
  • Free employee cards, which also earn unlimited 2% cash back on all purchases
  • $0 Fraud Liability if your card is lost or stolen
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • No foreign transaction fees

Our pick for

Small-business travel

Chase Ink Business Preferred Credit Card

on Chase's website

Annual Fee

$95

Regular APR

17.49% - 22.49% Variable APR

Intro APR

N/A

Recommended Credit Score
The Ink Business Preferred℠ Credit Card offers one of the richest sign-up bonuses available on any credit card, anywhere, and it pays handsome rewards in a variety of categories.

Pros

The sign-up bonus is worth $1,000 if you redeem the points for travel booked through Chase. (You can also transfer points to a dozen or so airline and hotel programs, including United, Southwest, Marriott and Hyatt.) You'll earn 3 points per dollar on up to $150,000 a year in spending on travel, telecommunications (internet, phone and cable), shipping, and advertising on social media and search engines; all other spending earns 1 point per dollar.

Cons

This card's bonus categories aren't a good fit for all business owners. There's an annual fee of $95. After the first year, you’d have to spend at least $2,534 before the rewards make up for the annual fee. This might not matter as much to you, though, if you deduct the fee as a business expense on your taxes.
  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee

Our pick for

Gas

Pentagon Federal Credit Union Platinum Rewards Visa Signature Credit Card
Annual Fee

$0

Regular APR

11.74% - 17.99% Variable APR

Intro APR

0% promotional rate for 12 months on transfers made now through March 31, 2020

Recommended Credit Score
For some, the PenFed Platinum Rewards Visa Signature® Card won’t be an easy card to apply for, and redeeming points might be a hassle. But if you need a sky-high return on your gas spending, it may be the card for you.

Pros

If you’re willing to endure a little hassle in joining this credit union and using its points, it’s hard to beat the return in points on this card, which has an annual fee of $0. Each $1 spent on gas earns the equivalent of 4.25 cents when redeemed for gift cards, which is a superb return. It also helps at the supermarket. The card isn’t issued by a megabank, if that appeals to you.

Cons

To apply, you need to join the Pentagon Federal Credit Union, an organization that caters to military and government employees. (You can also join by making a charitable donation.) There is no cash-back option; just merchandise, gift cards and travel. Also, points generally aren’t worth the traditional penny apiece. You’ll typically get a value of 0.85 cent each, although points can be worth more than a penny when used for travel.
  • $100 bonus after spending $1,500 in purchase transactions within the first 90 days of account opening.
  • 0% APR promo balance transfer rate for 12 months now through March 31, 2020. After that, the APR for the unpaid balance and any new balance transfers will be 11.74% to 17.99%. APR will vary w/the market based on Prime Rate. 3% balance transfer fee per transaction. Subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
  • Rate and offers current as of February 1, 2020 and subject to change.
  • Earn 5 points on gas purchases at the pump. Fuel purchases for airplanes and boats do not receive cash back rewards.
  • Earn 3 points on supermarket purchases (3 points/dollar spent)
  • Earn 1 point on all other purchases (1 point/dollar spent)
  • No annual fee
  • No foreign transaction fees
  • No cash advance fee
  • Chip enabled for added security
  • Federally insured by NCUA
  • Variable rate as low As 11.74% APR

Last updated on February 10, 2020

Methodology

NerdWallet's credit cards team selects the best cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A single card is eligible to be chosen in multiple categories.