What are the top credit cards of 2015 according to NerdWallet?

What are the top credit cards of 2015 according to NerdWallet?

NerdWallet is a website that offers financial advice, including credit card reviews. According to their research, the top credit cards of 2015 are as follows:

1. Chase Sapphire Preferred Card

2. Capital One Venture Rewards Credit Card

3. Discover it Cash Back

4. Citi Double Cash Card

5. Chase Freedom

6. BankAmericard Credit Card

7. Blue Cash Preferred Card from American Express

8. Barclaycard Arrival Plus World Elite Mastercard

9. Chase Slate

10. Capital One Quicksilver Cash Rewards Credit Card

Each of these credit cards has its own unique features and benefits. Let's take a closer look at some of them.

Chase Sapphire Preferred Card

The Chase Sapphire Preferred Card is a popular choice for frequent travelers. It offers a generous sign-up bonus and bonus points for travel and dining purchases. Cardholders can also transfer their points to several airline and hotel loyalty programs.

Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card is another great option for travelers. It offers a flat rate of 2 miles per dollar spent on all purchases, which can be redeemed for travel expenses. The card also comes with a Global Entry or TSA PreCheck fee credit.

Discover it Cash Back

The Discover it Cash Back card is a good choice for those looking for acash backcredit card. It offers 5% cash back on rotating categories (up to a quarterly maximum) and 1% cash back on all other purchases. The card also has no annual fee and a unique "Cashback Match" feature, which doubles all cash back earned in the first year.

Citi Double Cash Card

The Citi Double Cash Card is a straightforward cash back card that offers 2% cash back on all purchases (1% when you buy, 1% when you pay). The card has no annual fee and also offers a 0% intro APR on balance transfers for the first 18 months.

Chase Freedom

The Chase Freedom card is another cash back card that offers 5% cash back on rotating categories (up to a quarterly maximum) and 1% cash back on all other purchases. It also has no annual fee and a sign-up bonus.

Tips for applying for credit cards

When applying for a credit card, it's important to consider your financial situation and spending habits. Here are some tips to keep in mind:

1. Check your credit score before applying. You can get a free credit report from each of the three major credit bureaus once a year at AnnualCreditReport.com.

2. Compare credit cards to find the one that best fits your needs. Look at factors like interest rates, rewards programs, and fees.

3. Apply for a credit card that matches your credit score. If you have a lower credit score, you may need to start with a secured credit card or a card with a higher interest rate.

4. Pay your balance in full each month to avoid interest charges and keep your credit score in good shape.

5. Don't apply for too many credit cards at once. This can hurt your credit score and make it harder to get approved for future credit.

Saving money with credit cards

Credit cards can also be a great way to save money. Here are some tips to consider:

1. Look for credit cards with cash back rewards. These can help you earn money back on your purchases.

2. Use credit card rewards for travel. Many credit cards offer rewards that can be redeemed for flights, hotels, and other travel expenses.

3. Take advantage of 0% intro APR offers. These can give you time to pay off large purchases without accruing interest.

4. Look for credit cards with no annual fee. This can help you avoid unnecessary expenses.

Avoidingcredit card feesand risks

Credit cards can also come with fees and risks. Here are some things to keep in mind:

1. Pay your bill on time to avoid late fees and interest charges.

2. Watch out forbalance transfer feesand cash advance fees.

3. Avoid spending more than you can afford to pay back.

4. Report any suspicious activity on your credit card immediately.

Overall, credit cards can be a useful tool for managing your finances and earning rewards. Just be sure to use them wisely and responsibly.