The 4 Best Credit Cards Available for November 2020

Money Talks News has partnered with CardRatings for our coverage of credit card products. Money Talks News and CardRatings may receive a commission from card issuers.

Smartly used credit cards serve a variety of needs. They help with managing older debt, bridging blips in cash flow and building credit, and they provide benefits, savings and rewards.

As we approach the holiday shopping season, a variety of new and recent credit card offers can help in each of these areas. Here’s a quick look at the top cards available right now.

Best cash-back card

Blue Cash Preferred from American Express

Why we like it: The Blue Cash Preferred Card offers a very strong 6% cash back on the first $6,000 per year spent on supermarket purchases and 3% cash back spent at gas stations in the U.S. Plus, for a limited time, you also earn $150 back in statement credits after you spend $3,000 with the card in the first six months.

What to know:

Blue Cash Preferred from American Express — American Express

20% cash back on Amazon.com purchases in the first six months, up to $200 back.
6% cash back on up to $6,000 spent at U.S. supermarkets per year, and 1% cash back after that amount.
6% cash back on certain U.S. streaming subscription services.
3% cash back on spending at U.S. gas stations and for taxi or rideshare service.
1% cash back on other purchases.
0% introductory APR on purchases for 12 months. (See rates and fees)
$0 intro annual fee for first year, then $95. (See rates and fees)

Note: Cash back is redeemed as statement credits.

Best overall card bonuses

Chase Sapphire Reserve

Why we like it: The Chase Sapphire Reserve card offers a sign-up bonus of 50,000 Ultimate Rewards points after you spend $4,000 with the card within the first three months. Redeeming those points for travel through the Chase website adds 50% to their value, for a bonus worth $750.

What to know:

Get 50,000 bonus Ultimate Rewards points after spending $4,000 on purchases in the first three months from account opening.
Earn 10 points per $1 spent on Lyft rides through March 2022.
Earn 3 points per $1 spent on travel and dining.
Earn 3 points per $1 spent on up to $1,000 in grocery store purchases per month through April 2021.
Earn 1 point per $1 spent on everything else.
$300 annual travel credit.
A free year of Lyft Pink membership.
Complimentary DashPass delivery subscription.
Global Entry or TSA Pre-check application reimbursement up to $100.
$550 annual fee.

Note: The annual fee looks high, but is offset by the $300 annual travel credit and other card benefits, including food delivery and rideshare services and airport lounge access.

Best card for travel

Capital One Venture

Why we like it: An early spending bonus offer of 60,000 miles when you spend $3,000 within the first three months is worth $600 in travel.

What to know:

Earn 2 miles per dollar on every purchase.
Get a $100 credit on Global Entry or TSA PreCheck.
Extended warranty protection.
Travel accident insurance.
No foreign transaction fee.
$95 annual fee.

Note: This card has a $95 annual fee. The Capital One VentureOne card does not, but doesn’t have the same early spending bonus offer and offers a lower rate of return.

Best no-interest card offer

Citi Diamond Preferred

Why we like it: The Citi Diamond Preferred card is a good choice for people transferring a balance, thanks to the introductory 0% APR on balance transfers for the first 21 months. You’ll also get a full 12 months of 0% APR on new purchases.

What to know:

0% introductory APR on balance transfers for 21 months, with a balance transfer fee of $5 or 5%, whichever is higher.
0% introductory APR on new purchases for 12 months.
Free access to your FICO Score.
No annual fee.

Note: This card has a 3% foreign transaction fee, so plan accordingly for international travel.