What Are the Best Credit Cards of 2018?

As an expert in the field ofcredit cards, I am often asked about the best credit cards of the year. In 2018, there were several credit cards that stood out from the rest.

Cashback Credit Cards

Cashback credit cards are always popular with consumers, and in 2018 there were several excellent options. One of the bestcashbackcredit cards of the year was the Chase Freedom Unlimited card. This card offered unlimited 1.5% cash back on all purchases, with no annual fee. Another great option was the Citi Double Cash card, which offered 1% cash back on all purchases, and an additional 1% cash back when you paid your bill.

Travel Rewards Credit Cards

For those who love to travel, there were also several greattravel rewardscredit cards in 2018. One of the best was the Chase Sapphire Preferred card, which offered 2X points on travel and dining, and 1X points on all other purchases. This card also offered a generous sign-up bonus, and no foreign transaction fees. Another great option was the Capital One Venture card, which offered 2X miles on all purchases, and a generous sign-up bonus.

Low Interest Credit Cards

If you're looking for alow interestcredit card, there were several great options in 2018. The Discover it card was a top pick, offering 0% APR for 14 months on purchases and balance transfers, with no annual fee. Another great option was the Citi Simplicity card, which offered 0% APR for 21 months on purchases and balance transfers, and no late fees or penalty APR.

Tips for Applying for Credit Cards

When applying for a credit card, it's important to do your research and choose a card that fits your lifestyle and spending habits. Look for cards with no annual fee, and be sure to read the fine print to understand any fees or restrictions. Keep in mind that applying for too many credit cards at once can hurt your credit score, so be selective in your applications. And always make your payments on time to avoid late fees and damage to your credit score.

Saving Money with Credit Cards

Credit cards can be a great way to save money if you use them wisely. Look for cards that offer cashback or rewards on purchases you make regularly, such as groceries or gas. Pay your bill in full each month to avoid interest charges, and take advantage of any sign-up bonuses or promotional offers. And be sure to keep track of your spending to avoid overspending and racking up debt.

Avoiding Risks with Credit Cards

While credit cards can be a great financial tool, they also come with risks. Be sure to read the terms and conditions carefully, and understand any fees or penalties associated with the card. Keep your card and account information secure to avoid fraud or identity theft. And always make your payments on time to avoid damaging your credit score and incurring late fees.

Credit Card Recommendations

When choosing a credit card, it's important to consider your individual needs and spending habits. Look for a card that offers rewards or cashback on purchases you make regularly, and choose a card with no annual fee. Consider the interest rate and any fees associated with the card, and be sure to read the terms and conditions carefully. Some of the top credit card companies include Chase, Citi, Discover, and Capital One.

In conclusion, there were several excellent credit cards in 2018, with options for cashback, travel rewards, and low interest rates. When choosing a credit card, it's important to do your research and choose a card that fits your individual needs and spending habits. And always use your credit card responsibly to avoid risks and save money.