To bring you the list of best credit cards for good credit, we use an objective rating and ranking system that compares features across a large set of credit cards (over 200 of them from over 50 issuers). We use calculations to estimate the value of each card for the average cardholder, based on LendingTree and U.S. Bureau of Labor statistics.
We rank cards based on the following criteria:
- Average value over two years (80% of rating): We calculate the rewards earned for the average cardholder using Bureau of Labor statistics data and an annual spend of $20,000, minus the annual fee. This value includes sign-up bonus and annual bonuses (including annual free night certificates). We look at the average rewards earned over two years to balance out a card’s ongoing value with its first-year value.
- Flexibility of rewards (15% of rating): We consider how easy the rewards are to use, looking at factors like expiration dates, minimum redemption thresholds, blackout dates and the availability of flexible redemption options like travel statement credits and cash back.
- Other features (5% of rating): We also compare a card’s benefits — such as purchase protections, travel protections, elite status benefits and travel credits — against benefits from other cards.
Note that our ratings are a starting point for comparing and choosing the best rewards credit card. However, your needs may be different from the average cardholder’s. You should consider the amount you’re likely to spend in a card’s bonus categories and which benefits you value to choose the best card for you.
