What Are the Best Credit Cards for 2023?

TL;DR

The best credit cards for 2023 include the Chase Freedom Flex for cashback rewards, the Built MasterCard for renters, and the Capital One SavorOne for dining and entertainment. The American Express Gold card excels in dining rewards, while the Chase Sapphire Preferred and Capital One Venture X card provide excellent travel benefits. For businesses, the Chase Ink Business Cash card is highly rated for office expenses.

Transcript

if you happen to hop on to Google and type in what are the best available credit cards you're going to see a ton of different options from travel carts to dining carts to starter cards and even just cards with some pretty spectacular welcome bonus offers there's going to be a lot of different options to pick from and that's why in this video I've d... Read More

Key Insights

• 🎴 The Chase Freedom Flex card is a great starter card with no annual fee and excellent cashback opportunities.
• 💳 The built MasterCard is ideal for renters as it eliminates credit card processing fees on rent payments.
• 🎴 The Capital One SavorOne card is one of the best beginner no annual fee cards, perfect for food and entertainment purchases.
• 🎴 The AmEx Gold card is unmatched for dining and grocery store purchases, making it a valuable card for everyday expenses.
• 👨‍💼 The Chase Ink Business Cash card offers substantial cashback on various business expenses.
• 🎴 The Chase Sapphire Preferred card is a versatile travel card with a generous welcome bonus and earning rates.
• 🗺️ The Capital One Venture X card provides exceptional travel benefits and opportunities to earn miles on various travel-related expenses.

Questions & Answers

Q: How do I qualify for business credit cards?

Qualifying for business credit cards is easier than you think. As long as you have any form of sole proprietorship, such as freelancing or tutoring, you can apply for business credit cards.

Q: What is the benefit of the zero percent APR introductory offer?

The zero percent APR introductory offer allows you to make purchases or balance transfers without accruing interest for a specified period, which can be helpful for managing expenses or consolidating debt.

Q: How can the AmEx Gold card be most valuable for city dwellers?

The AmEx Gold card's high earning rates on dining and Uber make it extremely beneficial for individuals living in cities who frequently use food delivery services and ride-sharing apps.

Q: What are the advantages of the Capital One Venture X card for travelers?

The Capital One Venture X card offers excellent earning rates on travel-related purchases, including hotels, rental cars, and flights. Additionally, its travel benefits and lounge access enhance the overall travel experience.

Summary & Key Takeaways

• The Chase Freedom Flex card offers outsized value at zero cost, including a $200 welcome bonus, 5% cashback on travel, 3% on dining and drugstore purchases, and rotating 5% categories.

• The built MasterCard is ideal for renters, covering credit card processing fees for rent payments and offering points that can be redeemed for travel.

• The Capital One SavorOne card is a great no annual fee option with a $200 welcome bonus, 3% cashback on dining and entertainment, and 2% on groceries and travel.

• The American Express Gold card is unbeatable for dining and grocery purchases, with a 60,000-point welcome bonus and additional benefits like restaurant and Uber credits.

• The Chase Ink Business Cash card is a top business credit card with a $750 welcome bonus and 5% cashback on office supply stores, internet, cable, and phone services.

• The Chase Sapphire Preferred card is an excellent starter card with a 60,000-point welcome bonus, 5% cashback on travel, and 3% cashback on dining and online groceries.

• The Capital One Venture X card offers 75,000 miles as a welcome bonus, 10x miles on hotels and rental cars, and 5x miles on flights and other purchases.

• The American Express Platinum card is the ultimate travel card with an 80,000-point welcome bonus, 5x points on flights and hotels, and a wide range of luxury travel benefits.