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Best credit cards for excellent credit 2020

Find the credit card that best suits your wallet.

Updated . What changed?

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Our pick if you have excellent credit: Blue Cash Preferred® Card from American Express

Blue Cash Preferred® Card from American Express logo

Up to 6%

Cash back

  • Industry-leading cash back on everyday purchases
  • Huge limited-time welcome offer and $0 intro annual fee for the first year (then $95)
  • Limited-time offers expire December 10, 2020
Apply now
See rates & fees
Your credit card options are almost unlimited when you have excellent credit. But this can make choosing the right credit card a bit overwhelming. To narrow your options, consider factors such as your intention for the card and what kind of value you’re seeking.

We took all credit cards for people with excellent credit and compared their rewards program, signup bonus, intro APR period, annual fee and additional perks. We selected the cards that offered the best combination of these perks.

Best credit cards for excellent credit

Best cashback card for excellent credit
Blue Cash Preferred® Card from American Express

Blue Cash Preferred® Card from American Express logo
Finder Rating: 4.3 / 5

★★★★★

Credit recommended (670-850)
Apply now
on American Express's secure site
Rates & fees

670
Min. credit score
$95 ongoing
Annual fee
Up to 6%
Cash back
$300
Welcome offer
This card is great for families as you get the highest cashback rate on purchases made at US supermarkets and US streaming services. In addition, you get to earn accelerated cash back on purchases made at US gas stations and on transit purchases.
  • Welcome offer. Earn $300 in statement credit once you spend $3,000 in your first 6 months of account opening. This offer expires December 10, 2020.
  • Cash back. Earn 6% cash back on select US streaming services, and at US supermarkets on up to $6,000 annually, after that 1% cash back applies. Earn 3% back at US gas stations and transit, including taxis, rideshares, buses, trains, parking and tolls. All other purchases earn 1% cash back.
  • Intro APR period. Take advantage of a 12 months intro period of 0% APR on purchases starting from the day you open your account. A variable APR of 13.99% to 23.99% applies thereafter.
Annual Fee $0 intro annual fee for the first year ($95 thereafter)
Purchase APR 0% intro for the first 12 months (then 13.99% to 23.99% variable)
Balance transfer APR N/A
Welcome offer $300 after spending $3,000 in the first 6 months (Offer expires 12/10/2020)
Rewards 6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases

Best travel card for excellent credit
Chase Sapphire Reserve®

Chase Sapphire Reserve® logo
Finder Rating: 4.6 / 5

★★★★★

Credit recommended (740-850)
Apply now
on Chase's secure site
Rates & fees

740
Min. credit score
$550
Annual fee
Up to 10x
Points
50,000
Points welcome offer
The Chase Sapphire Reserve® could be the right choice for you if you travel often. It comes with a host of perks, including a generous signup bonus, accelerated points on dining and travel purchases worldwide, accelerated points on Lyft rides, an annual travel credit and more.
  • Signup bonus.
    Earn 50,000 bonus points once you spend $4,000 within your first 3 months of card membership. This is worth $750 when redeemed on travel through Chase Ultimate Rewards.
  • Reward points.
    Earn 3x points on travel purchases and purchases made at restaurants worldwide, and 10x points on Lyft rides until March 2022. Everything else you buy earns 1x points.
  • Travel credit. Get $300 travel credit each account anniversary year as reimbursement for your travel purchases. You also get up to $100 credit once every four years as reimbursement for your TSA PreCheck or Global Entry application fee.
Annual Fee $550
Purchase APR 16.99% to 23.99% variable
Balance transfer APR 16.99% to 23.99% variable
Welcome offer 50,000 points after spending $4,000 in the first 3 months
Rewards 10x points on Lyft rides, 3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases

Best no-annual-fee card for excellent credit
Wells Fargo Propel American Express® Card

Wells Fargo Propel American Express® Card logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (670-850)
Read review
670
Min. credit score
$0
Annual fee
Up to 3x
Points
20,000
Points welcome offer
You can earn perhaps the highest signup bonus possible with a no-annual-fee card. Also, you get 3x points on a variety of categories, including dining, gas, travel and select streaming services.
  • Signup bonus. Earn 20,000 bonus points once you spend $1,000 in your first 3 months of card membership.
  • Reward points. Earn 3x points on rideshares and transit, eating out or ordering in, flights, fuel, hotels, homestays and car rentals and popular streaming services such as Netflix and Hulu. All other purchases earn 1x points.
  • Intro APR period. Get 0% intro APR period on balance transfers and purchases during your first 12 months when you open your account. After that, a variable APR of 14.49% to 24.99% applies.
Annual Fee $0
Purchase APR 0% intro for the first 12 months (then 14.49% to 24.99% variable)
Balance transfer APR 0% intro for the first 12 months (then 14.49% to 24.99% variable)
Welcome offer 20,000 points after spending $1,000 in the first 3 months
Rewards 3x points on dining, gas, transit, travel and streaming and 1x points on all other purchases

Best balance transfer card for excellent credit
Citi Simplicity® Card

Citi Simplicity® Card logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (670-850)
Read review
670
Min. credit score
$0
Annual fee
n/a
Rewards
n/a
Welcome offer
The Citi Simplicity® Card could be worth considering if you're looking to pay off your credit card debt with a long intro APR period on balance transfers. This card also has no late payment fees and no annual fees.
  • Intro APR period. Get 18 months of 0% intro APR period on balance transfers made within your first 4 months of account opening. Also, get 18 months of 0% intro APR period on purchases. After these intro periods expire, your rate reverts to variable 14.74% to 24.74%.
  • No late payment fees. The card waives the late payment fee and the penalty APR.
  • No annual fee. Save money without paying an annual fee.
Annual Fee $0
Purchase APR 0% intro for the first 18 months (then 14.74% to 24.74% variable)
Balance transfer APR 0% intro for the first 18 months (then 14.74% to 24.74% variable)
Welcome offer N/A
Rewards N/A
The information about Citi Simplicity® Card has been collected independently by Finder and and has not been reviewed or provided by the issuer.

Best credit card with a large welcome offer for excellent credit
The Platinum Card® from American Express

The Platinum Card® from American Express logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (670-850)
Apply now
on American Express's secure site
Rates & fees

670
Min. credit score
$550
Annual fee
Up to 10x
Points
100,000
Points welcome offer
With the upgraded welcome offer, it’s hard to find a competitor card that beats the Amex Platinum Card’s value upon signup. Clearing both parts of the welcome offer nets a redemption value of between $2,250 and $4,500.
  • Welcome offer. Earn 100,000 bonus points after you spend $5,000 in the first 6 months when you open your account. Plus, earn 10x points at US supermarkets and US gas stations on up to $15,000 in combined purchases within the same period.
  • Reward points. Earn 15x points on flights and prepaid hotels booked directly through Amex Travel. All other purchases earn 1x points. Starting January 1, 2021, your 15x points on flights are capped on up to 500,000 annually, reverting to 1x points after.
  • Airline fee credit. Choose a qualifying airline and get $200 credit each year to cover incidental fees like checked bags or in-flight purchases.
Annual Fee $550
Purchase APR See rates & fees
Balance transfer APR See rates & fees
Welcome offer 100,000 points after spending $5,000 in your first 6 months, plus 10x points at US gas stations and US supermarkets on up to $15,000 in combined purchases in the same timeframe
Rewards 10x points at US gas stations and US supermarkets on up to $15,000 combined in the first 6 months, 15x points on directly-booked flights or on flights and hotels on Amex Travel. 1x points on all other purchases. Starting January 1, 2021, your 15x points on flights will be capped on up to $500,000 annually (then 1x points).

How to choose the best credit cards for excellent credit

A credit score designed for consumers with excellent credit means you should expect an assortment of favorable perks and benefits as part of the card’s package. To find the right card for your needs, consider the following:

  • Do you want an intro APR?
    Many cards for excellent credit offer an intro APR on purchases and occasionally balance transfers. An intro APR can prove useful if you need to make some big purchases and want some leeway to pay them off, such as around the holidays.
  • Do you travel often?
    There is a great variety of travel rewards cards available for those with excellent credit. If you travel often, a travel rewards card could be one of your best choices for squeezing ongoing value out of your card.
  • Do you want the highest rewards rate on everyday purchases?
    If you’re not much a traveler, a cashback card can help you earn on your everyday purchases.
  • Do you want a no-annual-fee card?
    Many of the most popular credit cards for excellent credit require an annual fee. Typically, this annual fee is commensurate with the perks or rewards you can earn with the card. Weigh your spending habits against this annual fee when choosing a card. A no-annual-fee card can offer good rewards while helping you keep costs low, even if it probably won’t wow you with its features.
  • Do you want a signup bonus? Credit cards for excellent credit tend to offer the most lucrative signup bonuses available. Note that the spending requirements you’ll need to reach to gain the bonus are also higher as a result.

Alternatives to credit cards for excellent credit

If you don’t have excellent or good credit, consider avoiding top-tier cards right now. Consider these options instead:

Compare credit cards for excellent credit

Name Product Welcome offer Rewards Annual fee Filter values
Blue Cash Preferred® Card from American Express
$300 after spending $3,000 in the first 6 months (Offer expires 12/10/2020)
6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases
$0 intro annual fee for the first year ($95 thereafter)
Perfect for families: Get up to 6% on everyday purchases and a welcome offer worth $300. This heavy-hitter rewards card has uncontested value. Rates & fees
Chase Sapphire Preferred® Card
60,000 points after spending $4,000 in the first 3 months, a value of up to $750 through Chase Ultimate Rewards
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
$95
Earn a signup bonus worth $750 with this popular travel card. Combine with other Chase Ultimate Rewards cards for even greater value.
Citi® Diamond Preferred® Card
N/A
N/A
$0
An impressive 18 months intro APR on balance transfers and purchases, as well as no annual fee make this one of the top 0% APR cards available.
Chase Freedom Unlimited®
$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores on up to $12,000 in the first year
5% cash back on travel purchased through Chase, 5% on Lyft, 3% on dining and drugstores and 1.5% on all other purchases
$0
This solid 1.5% cashback card gets even better with the addition of up to 5% back in categories like travel, drug stores and dining.
American Express® Gold Card
60,000 points after spending $4,000 in the first 3 months
3x points on directly-booked flights; 4x at restaurants; 4x at US supermarkets on up to $25,000 annually (then 1x points)
$250
Earn up to 4x points on select purchases, a bevy of travel perks, and a welcome offer worth up to $600 with this upper-mid tier travel card. Rates & fees
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Bottom line

With an excellent credit score, you can choose almost any credit card you want. But before you do, make sure the card meets your financial needs and goals. Consider factors such as the card’s reward structure, annual fee and signup bonus.

If if you’re looking for something different from what these cards offer, compare other credit card options until you find one that suits your financial needs.

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