If you're looking for the best Mastercard credit card, you have several options. Mastercard is available through many credit unions and banks that partner with them. This allows them to offer their customers great credit cards, with perks and fast transaction processing. Mastercard is accepted at most merchants. A credit card from another company might be a better option if you are a student or have poor credit.
Chase Freedom Flex
As soon as you open your Chase Freedom Flex Mastercard account, you will be able to start receiving rewards in the wallet. There is no annual fee and the introductory 0% APR applies for balance transfers and purchases. After that, the variable 0% rate will apply depending on your creditworthiness. You can still enjoy the same great rewards you get with other credit cards like 5% cashback on certain categories.
Chase Freedom Flex and Unlimited credit card offer 5% cashback on dining and travel, and 3% cashback at drugstores. There are rotating bonus categories on the Chase Freedom Flex that change each quarter. These bonus categories offer additional cash back, and customers can earn 5% cash back in those categories as long as they spend at least $1,500 in these categories within the year.
Capital One QuicksilverOne
The Capital One QuicksilverOne Cash Rewards Credit Card can be the perfect credit card for people with average or fair credit. A $39 annual fee is required. However, you can get unlimited cash back up to 1.5% on all your purchases. You can redeem the rewards by using statement credits or paper check. This credit card has very low credit requirements. You will receive many benefits if you pay your bills on time.
Capital One QuicksilverOne Credit Card offers unlimited cashback on all purchases, except when you spend more that $3,000. This is a great rate for credit-building cards and the rewards never expire. Be careful to not overspend and maximize your rewards.
Citi Double Cash
Citi Double Cash Mastercard is an excellent card for paying off high-interest debts. You get 1% cashback every time you purchase something or pay off your account balance. You can purchase any item with the card, regardless of your category. The cash will be credited to your account if you make the minimum monthly repayment.
In August 2014, Citi Double Cash Mastercards were introduced. It competes with the FIA Fidelity Amex, but FIA required an account with Fidelity. Since then, it has been considered a standard for cashback cards. This card offers the possibility to convert cashback into ThankYou Points, which can offer higher rewards. Beginning March 2022 cardholders can earn ThankYou Points directly, instead of cash. These points are worth one penny each.
American Airlines Business Advantage Customized Cash Rewards Mastercard
The Business Advantage Customized Rewards Mastercard offers great rewards for travel and business purchases. It offers a $300 statement credit after you spend $3,000 on purchases within 90 days of account opening, and a flexible rewards structure that allows you to match your spending to earn the maximum rewards. To maximize your rewards, you can update your spending category every month.
Customers with a Merrill Lynch/Bank combined account balance or higher receive a special welcome bonus. The first $50,000 in combined purchases will earn you 3.75% or 5.25% cash back. You also get 3.5% dining reward points. All other purchases will earn you 1.75% cashback.