Home » Top Picks » Best Capital One Credit Cards in 2020

Best Capital One Credit Cards in 2020

Best Capital One Credit Cards in 2020

*Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated Dec 30, 2019. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

Whether you’re looking for cash back, travel rewards or need to rebuild your credit, Capital One has a wide variety of cards from which to choose.

If you are already a Capital One cardholder, but are interested in either upgrading or downgrading your card to one that is a better fit, know that you can request a “product change.” Check out our guide on how it works.

In this article:

Best Capital One card for cash back

For those who don’t want to worry about keeping track of bonus spending categories or enrolling in rotating categories each quarter, the Capital One® Quicksilver® Cash Rewards Credit Card is the way to go. This card earns 1.5% cash back on every purchase, every day. The annual fee is $0. And the sign-up bonus is a pretty good value — earn a one-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening.

Additional card details:

Intro purchase APR Intro balance transfer APR Balance transfer fee Foreign transaction fee
0% intro on purchases for 15 months. After, 15.49% - 25.49% (variable) APR. 0% intro on balance transfers for 15 months. After, 15.49% - 25.49% (variable) APR. 3% None

Best Capital One card for travel rewards

If you’re looking for a travel card that’s straightforward and isn’t tied to one particular airline or hotel brand, take a look at the Capital One® Venture® Rewards Credit Card. It offers 2 miles per dollar on every purchase, every day. Plus, you can either use your miles to book upcoming travel or use them via the Purchase Eraser feature to cover a past travel purchase. (If you want to use Purchase Eraser, make sure to do it within 90 days from the date your travel purchase posts to your account.)

Also nice for frequent travelers — you can receive a credit of up to $100 every four years when you use the Capital One® Venture® Rewards Credit Card to pay for Global Entry or TSA PreCheck.

You can earn a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel.

Additional card details:

Regular purchase APR Balance transfer APR Balance transfer fee Foreign transaction fee
17.24% - 24.49% (variable) 17.24% - 24.49% (variable) $0 None

Best Capital One card for dining and entertainment

{=savor-card.CardApplyWidgetFull}}

If you’re a foodie and an entertainment buff, and want to earn rewards for it, check out the Capital One® Savor® Cash Rewards Credit Card. Whether you’re out for sushi, surf and turf or the hottest new vegan cafe, this card can reward your love of great food. It offers 4% cash back on dining; 4% cash back on entertainment; 2% cash back at grocery stores; 1% cash back on all other purchases. plus, earn 8% cash back on tickets at vivid seats through may 2020. There’s an annual fee of $0 intro for first year; $95 after that. The sign-up bonus has a great value but also a heavy spend requirement — earn a one-time $300 cash bonus after you spend $3000 on purchases within the first 3 months from account opening.

Additional card details:

Regular purchase APR Balance transfer APR Balance transfer fee Foreign transaction fee
15.99% - 24.99% (variable) 15.99% - 24.99% (variable) $0 None

If you aren’t sure you want a card with an annual fee, take a look at the Capital One® SavorOne® Cash Rewards Credit Card. This card offers 3% cash back on dining; 3% cash back on entertainment; 2% cash back at grocery stores; 1% cash back on all other purchases. The annual fee is $0.

Best Capital One card for those new to credit

Everyone has to start somewhere. If you’re searching for your first credit card, consider the Capital One® Platinum Credit Card. It’s a non-rewards card, but it’s available to folks with fair/limited credit.

It has an annual fee of $0 and it’s a normal, unsecured credit card, so using the Capital One® Platinum Credit Card is a great opportunity to build your credit without having to pay an annual fee or submit a security deposit. Plus, it gives you a chance to access a higher credit line after making your first five monthly payments on time.

Additional card details:

Regular purchase APR Balance transfer APR Balance transfer fee Foreign transaction fee
26.99% (variable) 26.99% (variable) $0 None

Best Capital One card for college students

As long as you’re 18 or older and have a steady source of income, college is a good time to open your first credit card. The age of your accounts is part of what makes up your credit score, so starting to build credit early gives you a leg up on building up a history of responsible credit usage.

The Journey® Student Rewards from Capital One® has a decent cashback rate, and the way you earn your rewards provides an incentive to always make on-time payments. You can earn 1% cash back on all purchases; 0.25% cash back bonus on the cash back you earn each month you pay on time.

Plus, this is a good card to have with you if you study abroad as it has a foreign transaction fee of none. The annual fee is $0.

Additional card details:

Regular purchase APR Balance transfer APR Balance transfer fee Foreign transaction fee
26.99% (variable) 26.99% (variable) $0 None

Best Capital One card for bad credit

If your credit is limited/bad/poor, don’t worry — you still have a chance at getting approved for the Capital One® Secured Mastercard®. It’s a secured card, which means you have to submit a security deposit to the card issuer. With most secured cards, your deposit becomes your credit limit. For example, if you submit a $200 deposit, you’ll receive a $200 limit.

This card is unique in that it has a deposit amount of $49, $99, or $200. If your application for the card is approved, you’ll be notified what your deposit amount is. Whichever deposit you qualify for, you’ll still receive a credit limit of $200. If you qualify for one of the lower deposit amounts, that can save you money compared with other secured cards.

Read our review of the Capital One® Secured Mastercard®.

Additional card details:

Regular purchase APR Balance transfer APR Balance transfer fee Foreign transaction fee
26.99% (variable) 26.99% (variable) $0 None

Best Capital One card for small business

The Capital One® Spark® Cash for Business offers 2% cash back for your business on every purchase, everywhere. The annual fee is $0 intro for first year; $95 after that. If your business spends at least $4,750 on this card each year (after year one) you’ll recoup the annual fee. Everything after that is net cash back. Plus, there’s a sign-up bonus — earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening.

Additional card details:

Regular purchase APR Balance transfer APR Balance transfer fee Foreign transaction fee
20.99% (variable) 20.99% (variable) N/A None

If your business requires you to travel a lot, you might consider the Capital One® Spark® Miles for Business. It’s very similar to the Capital One® Spark® Cash for Business, but instead of cash back, it offers 2 miles per $1 on every purchase, everywhere. The annual fee is $0 intro for first year; $95 after that.

The bottom line

Whether you’re looking for a credit card with no annual fee or one with an annual fee and more premium rewards, there’s a good chance something on this list will fit your needs.

If you’re interested in a Capital One card but aren’t sure what you have a good chance of getting approved for, you can check Capital One’s website to find out what cards you’re prequalified for. This can be a good way to know what you have a shot at without risking a hard inquiry on your credit report. It’s also smart to check your credit score before applying. There are free ways to check, including My LendingTree, offered by CompareCards.com’s parent company.


Recommended Posts:

Read More

Best Secured Credit Cards for May 2020

If you’re looking to build credit, odds are you’ve come across secured cards in your search. Whether you’ve got bad credit or just a limited credit history, a secured card might be the best option for you. A secured card is similar to a regular, unsecured credit card, but it has one main difference: it requires […]

Read More

Read More

Best Business Credit Cards for Startups

When you’re getting a brand-new company off the ground, you need spending power, benefits and flexibility. That’s why choosing the right credit card is key. A card serves as a convenient payment tool for startup purchases, from a shiny new website and logo design to a flight across the country to woo prospective clients. However, […]

Read More