20 Best Credit Card Companies in the World in 2022
For most people, credit cards are a part of life. There are tons of reasons why they are important, not the least of which involves the need to have a line of credit that often far exceeds the cash you have in the bank at any given point in time. Possessing a few credit cards gives you the opportunity to make larger purchases. What are the best credit card companies out there, as of this year? The sheer volume of information can be overwhelming, to say the least. If you’re looking for a little help with the matter, here are 20 of the best credit card companies in the world. As usual, they start at number 20 and go all the way to number one, where you can find what is arguably the best credit card company in the world.
The company is well known for making decent credit cards available to a number of people with varying credit ratings. One of their best cards is the Core Visa. This is a solid credit card for anyone who has a relatively good credit history. In order to qualify, you need a credit score of 600 or better. In return, you have the opportunity to enjoy things such as no annual fee, not to mention a 0% introductory rate on balances and transfers for the first 15 months. After that, it switches to an APR, but it’s still one of the lowest in the industry. Depending on your credit history, it typically ranges between 12.49% and 24.49%. If you’re fortunate enough to get the low end of the spectrum, you can make major purchases without paying back a ton of interest in the process, even if you carry a balance.
19. Credit One Bank (Platinum X5 Visa
Credit One Bank has become a favorite among various individuals, largely because they offer credit cards to people with all types of credit ratings. While it is impossible to get their best cards if you don’t have good credit, it is a company that you can turn to if you’re just trying to build or rebuild your credit because they have something for individuals with credit scores as low as 570. As a matter of fact, the company is a favorite of individuals who have recently claimed bankruptcy, as it’s possible to be granted a credit card from the company in as little as a few months after the bankruptcy has become finalized.
In addition, they have a lot of different products for people so there is a good chance that you’ll find a card that you truly like. One of their more popular cards for people with good credit is the Platinum X5 Visa.You can get your hands on one of these if you have an average credit rating and you’re willing to pay an annual fee of $95. In return, you get a cash back option that includes 5% cash back on purchases like gas and groceries and 1% on virtually everything else.
18. World Financial Network National Bank
This is another company that’s popular with individuals who have a bit of a checkered past when it comes to their credit history. The company can be somewhat difficult to deal with if you can’t make your payments on time, but they are willing to give individuals a chance to those who have had credit problems in the past, provided that they have at least a fair credit rating. This typically means 600 or better. The company is responsible for one of the more well-known credit cards at this end of the spectrum, the Indigo Platinum MasterCard. They offer benefits such as fast response, regular reporting to all three major credit bureaus and as previously mentioned, the opportunity to rebuild your credit.
This particular company is very popular as a banking institution and that means it’s a popular credit card company, but it’s not for everyone. As a matter of fact, it’s only for individuals or direct descendants of individuals who have previously served in the military. That may not benefit you but if you qualify, you do end up getting some pretty good benefits with this particular company. If you’re wondering what their most popular credit card is, it is undeniably the USAA Rewards Signature Visa card. They offer cash back on regular purchases like gas, groceries and even dining out. You also get 0% APR for the first 15 months and after that, the APR transfers to 11%. Even at that rate, it’s still lower than most of the other cards out there.
16. Huntington Bank
This bank, located in Columbus, Ohio, is the 26th largest bank in the entirety of the United States. They didn’t quite make the Fortune 500 list, but they did come close, eventually making the ranks at number 521. This may not be one of the most well-known companies, but they still maintain a significant presence when it comes to issuing credit cards. As a matter of fact, they offer three different cards, one that offers 1.5% cash back on all purchases, another that issues rewards at three times the rate of all of their other cards and finally, a card with a low interest rate. There aren’t any additional perks with this particular card, but your interest rate is 11% or less, meaning that you’re not paying as much on purchases in the long run.
This is where you finally get into a bank that routinely does business across borders. They’re relatively well known in the United States, but they’ve also made a genuine name for themselves in India. They also have a couple of different popular credit cards to choose from. The first is the HSBC Premier credit card. You get 35 additional rewards points, provided you spend $3,000 within the first 90 days of opening the account. They also offer you double points on all travel and single points on every other purchase you make.
Perhaps the best thing about the card is that it comes with the ability to skip the TSA line at airports and go directly to the airport lounge or to the boarding terminal. Their other popular credit card is the HSBC Elite card. It offers 50,000 rewards points instead of 35, 000 and instead of double points for all travel, you get triple rewards. They also step things up when it comes to skipping the TSA line, as you’re offered complimentary membership into a number of airport lounges around the world. That means you may never have to go through another TSA line again.
14. Goldman Sachs
The company that’s been in business since 1869 is also one of the best-known investment firms in the entire world. They are a bank of massive proportions, one that has $53.9 billion in revenue and a staggering $2.5 trillion in assets. Until the summer of 2019, the company did not issue credit cards of any type. During that year, they launched a single card called the Apple card. It offers top-notch benefits such as 5% cash back, triple rewards on travel and hotel stays and a low APR. To this day, it’s the only card that the company offers and it’s one that’s highly sought-after. As you can probably imagine, it’s only available to individuals who have an excellent credit rating so if you have anything less than 720 or perhaps even higher, you might as well save yourself the trouble of applying.
13. Fifth Third Bank
This is one of the largest banks in the United States and it’s arguably in the top three as far as banks located in the midwestern portion of the country are concerned. They currently offer four different credit cards for people with all types of credit history. One of them is a secured card, meaning that you have to pay a certain amount into the card before you’re able to use it. If you’re looking for an unsecured credit card, they offer one with a 0% APR for individuals who are just starting out. They have another one that offers 1.67% cash back for every dollar you spend. Last but certainly not least, there is a preferred cash back card for kicks that up to 2% for every dollar spent.
This particular financial corporation has only been around for a few years, since 2019. That being said, they have quickly established themselves as a major player in the financial world, including when it comes to offering credit cards. Aside from their secured credit card, they have four other options available to you. The first is the Enjoy Beyond credit card, one that offers triple rewards for air travel, hotel stays and car rentals, along with double points spent on eating out and single points on everything else.
They also have a future credit card with a 0% APR for the first 15 months and no annual fee. The company offers a card geared directly toward travel, offering you the best benefits on things like airfare, hotel stays and even dining. Finally, they have one with no annual fee and a 0% APR that’s great for individuals who are just starting to build their credit history and want to get the most out of a credit card without spending tons of money on things like fees and interest rates.
This is one of the largest financial institutions in the entire world, one that is currently headquartered in Madrid. They offer a plethora of credit cards for individuals across all types of income ranges with various credit ratings. The company is well known in both North and South America, as well as Romania and Turkey. Since they have a number of different credit card options available, they’re popular when it comes to business credit cards as well as those for personal use. Another thing that makes them stand out is that they are a digital bank, not one with a traditional brick-and-mortar presence.
10. Wells Fargo
This is a company that has been around since the days of the Gold Rush in the 1800’s. They have definitely not always been entirely popular with individuals, as they found themselves in hot water for their business practices a time or two. That being said, they have completely revamped the way they do business as a direct result of this and they currently offer a couple of different credit cards that have 0% APR and offer 2% cash back. Those cards include the Wells Fargo Select card and the Wells Fargo Active Cash card. The first is good for individuals who have a lower credit rating but both are solid options.
9. U.S. Bank
The company itself has been in business since 1891. However, they haven’t been issuing credit cards for more than a few years. Interestingly enough, the cards they do currently issue comprise a large amount of the money that is pumped into the market by credit card holders. At the moment, they barely scratch the top 10 when it comes to the number of credit cards issued, landing at number nine. However, they are the sixth biggest credit card company in terms of money spent on an annual basis. They currently offer three cards, the U.S. Bank Reserve Visa, the U.S. Bank Go Visa Signature, and the Bank Cash Plus Visa, which is arguably their most popular card because you get cash back on every purchase.
The company itself has been around for almost 200 years now, but they didn’t become known under this particular name until about nine years ago. They’re also almost solely responsible for the credit cards that are offered by various retail companies, including companies like JCPenney, Sam’s Club and even PayPal. That definitely makes them a major player so it’s no surprise that they ended up on this list.
It might surprise you to know that Discover was actually once a part of Sears. Long before that company’s demise, Discover was branched off and made its own company, specializing in credit cards as a dedicated financial institution. Currently, they have three major cars that are available to most applicants. They include the Discover It secured credit card, one that individuals who have poor credit ratings can get in order to build their credit. Unsecured cards include the Discover It Student cash back card and for those who have a more established credit history, the Discover It Cash Back card. The latter offers a 0% APR for the first 15 months and a 13.49% APR thereafter.
This credit card company started out as a dedicated financial institution in the 1960s. Since then, they routinely find themselves in the top three when it comes to the number of credit cards issued to individuals in the United States alone. Like many of these companies, they offer a number of credit cards for various needs. It all starts out with the Citi Simplicity card, a good option for those individuals who are trying to establish a solid credit rating. From there, you can choose either the Citi Double Cash card or the Citi Premier card. The latter option involves an introductory 0% APR which then transfers to anywhere from 18% to 26% after the first 15 months. Depending on your purchases, you also get double or even triple rewards that can then be used for travel or other purchases.
This company has been doing business since 1799 and they are arguably the most popular financial institution in the world when it comes to issuing credit cards. They also have a large number of different credit cards to choose from. As a matter of fact, they currently have five different products available. Arguably, their Chase Sapphire Rewards card is one of the best. With it, you can get 0% APR for the first year and a half and up to five times rewards on specific purchases. You can also get membership into a number of airport lounges and skip the TSA lines when you travel.
Back in the 1960s, this particular bank was one of the most well-known issuers of credit cards in Britain. These days, they are still a well known financial institution in the UK and they also issue credit cards in the United States, mainly for a number of retail outlets.
3. Capital One
Capital One has been in the game for a long time and they have one of the most popular cards out there for those who have excellent credit, the Capital One Quicksilver card. There are many reasons to enjoy this card, not the least of which involves 1.5%cash back on everything. In addition, you can get a $200 cash bonus if you spend $500 within the first 90 days of opening your account (this is, of course, a one-time bonus). Other benefits include 0% APR for the first 15 months. After that, the rate changes to between 16.49% and 26.49%, depending on your credit rating. Last but not least, there is no annual fee.
2. Bank of America
This company is absolutely huge. They’ve been around since the 1930s and in 1958, they were the company that issued the first credit card for consumers in the United States. They’ve definitely come a long way since then, as they are not only a major player in the game of credit cards, but a company that controls the vast majority of the industry as a whole. At the moment, they have three different cards. One is perfect for individuals that travel all the time because of increased rewards based around things like airfare and hotel stays. The other two involve providing ample amounts of cash back when compared to other cards, as much as 3% to 5%.
1. American Express
Here is another company that’s been in business since the 1930s, even though they didn’t issue their first credit card until roughly 20 years later. They currently offer five different cards, many of them geared for travelers. If you have excellent credit, you can even enjoy their platinum card. With it, you get 5% cashback and five times rewards on purchases. You also get 0% APR. The caveat is that there is a $695 annual fee. That’s a lot, but under the right circumstances, this is arguably one of the best credit cards you’ll ever see.
10 Best Prepaid Debit Cards for Teens
The world around us is changing fast, and we struggle to keep up. Kids are growing up in a different world from previous generations. They’re taking on more responsibility than ever before. Savvy parents realize that helping their children to navigate the world around them includes teaching them about finances and how to manage money. Card companies are stepping up to the task by offering debit cards designed to be a tool for parents to teach their teens about budgeting, shopping wisely, and managing money. Which cards are the best, and what is available for teens?
What to look for in debit cards for teens?
Parents should compare the various teen debit cards to get the best deal on rates for most services. Prioritize safety and security, followed by ease of use and affordability. Avoid cards that are for adult use. Instead, choose debit cards made for teenagers and marketed to parents with a desire to give their kids a head start with this valuable life skill. There are dozens, but we’ve narrowed the list to the top ten that offer the safest and best services and safeguards for children in their teen years.
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10. Greenlight Debit Card
The Greenlight Debit Card is for parents and kids as a teaching and learning tool. Parents are in charge of setting controls. They receive real-time notifications for each purchase made by teens. The card allows instant money transfers to send funds to your teen’s accounts. Receive alerts when the card is used or declined. You set the limit on where young shoppers can use the card and how much they’re allowed to withdraw from ATMs. You set the limits. The Greenlight debit is a card that lets you track balances and view the history of account activity. It works with Apple Pay or Google Pay to make mobile payments. This option is a MasterCard with a custom Zero liability protection. You can use the app to turn the cards on or off. Unsafe spending categories are blocked. The card is FDIC insured for up to a quarter-million dollars, and 24/7 customer support is available. An additional safety feature uses logging in with touch or face ID to prevent funds theft if the card is lost or stolen.
GoHenry is a debit card that helps kids learn to manage money with games. It’s for children aged six through eighteen. The card is customizable with your choice of colors, patterns, and pictures, and it comes with interactive games dealing with money missions. Players win virtual badges. Parental controls let you set limits on how, when, and where cards get used. The card works at ATMs, in stores, or for online purchases. Parents have access to the spending history through the accompanying mobile app. You can try this card for 30-days free with recurring or with one-time use. It’s free from the risk of overdraft fees. The card helps kids and teens create savings goals for users and set weekly spending limits. On the downside, you can only load the card three times per day with a limit of $500 per day across all accounts registered to the parents.
8. The Copper Debit Card for Teens
The Copper Debit Card is free for parents and teens to use. Parents have access to controls to monitor the use of the card. It helps kids learn how to budget and manage money. The card is free from the risk of overdraft fees. There are no monthly charges or minimum balance requirements. The card works at Allpoint and Moneypass ATMs to withdraw cash without paying a fee. The Copper app comes with the card. It comes with financial quizzes and resources to teach kids about savings and spending habits. Kids also have access to help them earn extra cash by completing quizzes. Kids can set up integrated savings accounts for their long-term goals. The downside is that some businesses may charge a fee. The charges can be as high as $4.95. Find out before you make a purchase. Other than that, it’s one of the best cards for kids.
7. The BusyKid Debit Card
The BusyKid Debit Card is a prepaid Visa debit card that is good for kids in advanced financial learning modes. Teens can purchase real stocks with the card for a minimum of $10 per investment. It’s an investment card that costs $3.99 a month flat. It also lets kids receive automated allowance loads. It comes with chore assignments. The drawback to this card is that parents cannot limit which retailers kids use. ATM fees are $1.50 from the BusyKid provider plus the fees charged by the ATMs.
6. The FamZoo Debit Card
FamZoo is another popular debit card for kids. The card comes with an app that allows parents to pay a weekly allowance or pay kids as they complete a setlist of chores. It also comes with parental tracking to let you know where your kid is shopping. You can use it to buy mock stocks to help your child learn about investing. Your teen can use the app to request funding from you in real-time. They can get extra cash instantly. Each account gets split into three buckets for giving, spending, and saving to help them learn solid money management habits. The cost of the Famzoo debit card is $5.99 per month. You can try it for 30-days free.
5. Brinks Prepaid Mastercard
The Brinks Mastercard is a prepaid card associated with Republic Bank & Trust Company. Te debit card issues text message and email alerts when a payment or purchase occurs. The card is t’s accepted wherever Mastercard Debit cards are accepted. There is no credit needed and no risk of overdrafts or overdraft charges. You can customize the card with your teen’s name as an authorized user on your account.
4. PayPal Prepaid Mastercard
The PayPal Prepaid Mastercard allows your teen to earn cashback and take advantage of personalized offers for using the card. The card is through Bankcorp. It provides fast movement from your PayPal account to the prepaid card instantly. You can monitor the use of the card and view the spending history of older teens. No credit is needed because it’s a debit card. PayPal is one of the leading payment services providers. You can access the account via a mobile app or the internet.
3. NetSpend Prepaid Visa Card
Netspend is by MetaBank and is FDIC insured. You can use the card wherever Visa is accepted. There are no late fees, interest charges, or overdraft fees. The NetSpend Mobile app helps your teen to manage finances. You can receive email alerts and text messages to know what your teen is spending and where they’re making purchases. It’s a safe and secure debit card that charges monthly fees based on the account balance.
2. ServeAmerican Express Prepaid Debit Account
Older teens will appreciate learning about the American Express debit card management through the Serve debit card. You can check the balance and view recent transactions on the account as your child learns how to use the card to manage money, pay for purchases, and budget money. You can send money to the card to preload set amounts. The card gives you free cash withdrawals at MoneyPass ATMs, but it charges fees for other ATMs. There are no hidden fees and no credit needed. Your teen avoids monthly charges for the account when they arrange direct deposits from their jobs of $500 or more per statement period to help them learn responsible financial practices. The card is a full0service savings account that works ideally for teens via the mobile application to help set and meet spending and savings goals. The card is reloadable to add money to the account for a small fee.
1. Mango Prepaid Mastercard
The Mango card is one of the best debit cards for teens because it comes with a Mango Savings Account with a competitive interest yield. The card helps your teen understand the importance of maintaining a spending limit and improving financial literacy. It comes with a mobile application that links the card and savings account, giving your teen the tools to send and receive money. Funds instantly load to the card with no activation, monthly, or annual fees for use.
The Best Credit Cards for Priority Pass Lounge Access
Spending time at the airport terminus has never been pleasant. With the new (and ever-changing) health and safety requirements that have come into force since the pandemic, it’s become even more stressful than ever. If the thought of escaping the madness for a few minutes sound like bliss, there’s some good news. The resumption in travel has meant that airport lounges are back in business. The even better news is that providing you have the right piece of plastic in your wallet, you won’t have to pay to get in. With a Priority Pass credit card, you’ll enjoy access to over 1200 airport lounges worldwide with Priority Pass Select Membership. Here’s our pick of the 10 best credit cards for Priority Pass Lounge Access on the market.
10. Hilton Honors American Express Business Card
For a very reasonable annual fee of $95, the Hilton Honors American Express Business Card offers some very solid benefits. Cardholders receive complimentary Priority Pass Select membership with access to over 1,200 lounges worldwide. Visits are capped at 10 per year, with each visit after that charged at $32. New cardholders will receive a welcome bonus of up to 130,000 Hilton Honors Bonus Points when they spend a minimum of $2,000 on purchases in the first three months of card membership, and a further 50,000 Hilton Honors Bonus Points if they spend $10,000 in purchases in the first 6 months of card membership.
9. U.S. Bank Altitude Reserve Visa Infinite Card
The U.S. Bank Altitude Reserve Visa Infinite Card offers numerous perks, not least a complimentary Priority Pass Select membership with access to over 1,200 lounges worldwide. Cardholders are entitled to four free visits per year along with four free guest passes. On top of that, the card also offers a very generous $325 annual credit for eligible travel purchases. The only flipside is that you’ll already need to have an account with U.S. Bank to apply.
8. The Business Platinum Card from American Express
An annual fee of $595 isn’t to be taken lightly, but fortunately, the Business Platinum Card from American Express comes with enough perks to offset the cost. In addition to gaining complimentary Priority Pass Select membership with access to over 1,200 lounges worldwide for themselves and 2 guests, cardholders can also access Amex’s own Centurion Lounges, Delta Sky Clubs, Escape, Airspace, Plaza Premium, and certain Lufthansa lounges. Other perks include a very generous welcome bonus of 120,000 Membership Rewards points when you spend $15,000 on eligible purchases within the first three months of card membership, a Global Entry or TSA PreCheck application fee refund once every four years, Gold status with Hilton Honors and Gold Elite status with Marriott Bonvoy, along with numerous other benefits.
7. Marriott Bonvoy Brilliant American Express Card
If you’re a frequent guest at Marriott Bonvoy who wants to combine hotel perks with travel benefits, you might want to consider the Marriott Bonvoy Brilliant American Express Card. In addition to receiving unlimited access Priority Pass Select membership for themselves and up to two guests, cardholders can also claim up to $300 in statement credits for all eligible purchases made on the card at participating hotels, along with up to $200 statement credits for eligible purchases at restaurants within the first 6 months of account opening.
6. Citi Prestige
Citi Prestige might not come with the travel protections it used to, but it’s still got a very healthy list of perks. In addition to offering cardholders unlimited Priority Pass lounge access for themselves and up to 2 guests, the card also comes with access to Priority Pass restaurants, along with a generous rewards program that offers 5x earnings on eligible restaurant purchases.
5. Mastercard Black Card
Frequent flyers are unlikely to find much to fault with the Mastercard Black Card. As well as offering access to over 1200 airport lounges worldwide, it also includes credits at select airport restaurants for the cardholder and one guest. Other benefits include an annual airline credit of up to $100 in statement credits that can be used towards flight-related purchases, up to $100 application fee credit for the cost of TSA Pre or Global entry, complimentary concierge service, and cell phone protection.
4. Hilton Honors American Express Aspire Card
According to The Points Guy, the Hilton Honors American Express Aspire Card is the best all-around Hilton card. In addition to receiving complimentary lounge access for themselves and up to 2 guests, cardholders will also qualify for automatic top-tier Diamond status, along with an annual free weekend night, up to $250 in statement credits for purchases at participating Hilton Resorts, and up to $250 in annual statement credits for airline incidentals. On top of that, they’ll receive up to $100 in credits for bookings made via HiltonHonors.com/aspirecard for a two-night-minimum stay at participating Waldorf Astoria Hotels & Resorts and Conrad Hotels & Resorts.
3. Hilton Honors American Express Surpass Card
As Forbes notes, the Hilton Honors American Express Surpass Card offers ten complimentary visits to lounges in the Priority Pass network each year. In addition, cardholders benefit from a complimentary Hilton Honors Gold status and a generous points program that rewards them with 12 Hilton Honors Bonus Points per dollar on eligible purchases at participating properties within the Hilton portfolio, 6 points per dollar on eligible purchases at U.S. restaurants, supermarkets, and gas stations, and 3 points per dollar for all other eligible purchases. The annual fee is a very reasonable $95.
2. Chase Sapphire Reserve
As theglobetrottingteacher.com says, the Chase Sapphire Reserve is one of the most popular premium travel rewards credit cards on the market. The annual fee may be a hefty $550, but the benefits (which include Priority Pass lounge access at over 1200 airport lounges for the cardholder and 2 guests along with a $28 credit towards food and beverage purchases at airport terminal restaurants) are significant enough to offset the cost.
1. The Platinum Card from American Express
A $695 annual fee may sound daunting, but for frequent flyers at least, the fee pales in comparison to the plethora of benefits provided by the Platinum Card from American Express. Once enrolled, cardholders will gain access to lounges in 140 countries through the Global Lounge Collection and the Priority Pass network, along with American Express Centurion lounges. Cardholders flying Delta same-day can also access Delta SkyClub lounges. In addition, cardholders will receive a generous welcome bonus of 100,000 Membership Rewards Points if they spend $6,000 on purchases on the card in the first 6 months of card membership. After that, they’ll receive 10x points on eligible purchases made at restaurants worldwide and at Shop Small locations in the U.S., along with 5x points per dollar on flights, 5x points on hotels booked with American Express Travel, and 1 point per dollar on all other eligible purchases.