Most Popular Credit Cards for Excellent Credit in 2022

According to Experian, 69% of Americans have good or excellent credit scores—21% of which fall under the exceptional category. When you have an excellent credit score, you have the benefit of being approved for the best credit cards for excellent credit. Therefore, it’s essential to apply for a credit card with a high-quality card issuer.

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1. Blue Cash Preferred® Card from American Express

If you want high cash back percentages with excellent benefits and 0% intro APR, then the Blue Cash Preferred Card from American Express is perfect for you. With excellent customer care and a regular APR starting at 13.99%, this credit card is worth the investment. Full Review

  • Cashback rewards are high quality
  • $300 entry reward
  • Cash back is automatic, without registering or enrolling
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If you want high cash back percentages with excellent benefits and 0% intro APR, then the Blue Cash Preferred Card from American Express is perfect for you. With excellent customer care and a regular APR starting at 13.99%, this credit card is worth the investment. Full Review

APR

4/5

Fees

5/5

Rewards

5/5

Requirements

4/5

2. American Express Platinum Card®

Available to excellent credit score holders, the American Express Platinum Card gives you excellent reward points on travel and hotel stays. Members can get an extra discount from Saks Fifth Avenue and US supermarkets too. Full Review

  • Receive Gold Elite Status from Marriott Bonvoy and Hilton Honors
  • $200 extra annual airline credit
  • Earn five reward points per dollar spent on airfare (up to $500,000)
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Available to excellent credit score holders, the American Express Platinum Card gives you excellent reward points on travel and hotel stays. Members can get an extra discount from Saks Fifth Avenue and US supermarkets too. Full Review

APR

4/5

Fees

3/5

Rewards

4/5

Requirements

5/5

3. Capital One Venture Rewards Card

With a low annual fee of $95 and no foreign transaction fees, the Capital One Card is a budget-friendly option. Partnered with a number of airlines, the credit card gives excellent bonus miles that never expire. Full Review

  • Low annual fee of $95
  • No foreign transaction fees
  • Excellent sign-up bonus
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With a low annual fee of $95 and no foreign transaction fees, the Capital One Card is a budget-friendly option. Partnered with a number of airlines, the credit card gives excellent bonus miles that never expire. Full Review

APR

5/5

Fees

5/5

Rewards

4/5

Requirements

4/5

4. American Express® Gold Card

If you enjoy dining in the US, then the American Express Gold Card is for you. The card comes in a variation of colors and has an annual fee of $250. With the membership users can receive special dining credit in the US and at restaurants worldwide. Full Review

  • Up to $25,000 can be redeemed per year on US supermarket reward programs
  • 3x membership rewards points on amextravel.com booked flights
  • One of the best travel and dining credit cards for people with great credit
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If you enjoy dining in the US, then the American Express Gold Card is for you. The card comes in a variation of colors and has an annual fee of $250. With the membership users can receive special dining credit in the US and at restaurants worldwide. Full Review

APR

4/5

Fees

3/5

Rewards

5/5

Requirements

4/5

5. Capital One Quicksilver Cash Rewards Card

The Capital One Quicksilver Cash Rewards Card has a $0 annual fee and a 0% APR for the first 15 months. Users won’t pay any foreign transaction fees either. Receiving a 1.5 % cash back on all your purchases make this card even more rewarding, considering that the cash back never expires. Full Review

  • Easy to use with earnings at any shop without signing up
  • Cashbacks don’t expire
  • No foreign transaction fee
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The Capital One Quicksilver Cash Rewards Card has a $0 annual fee and a 0% APR for the first 15 months. Users won’t pay any foreign transaction fees either. Receiving a 1.5 % cash back on all your purchases make this card even more rewarding, considering that the cash back never expires. Full Review

APR

4/5

Fees

3/5

Rewards

5/5

Requirements

5/5

6. Blue Cash Everyday® Card from American Express

If you do most of your spending at US supermarkets and gas stations, then the Blue Cash Everyday from American Express gives you great rewards on those purchases. No annual fees and no APR percentages for the first 15 months, the Blue Cash gives up to 3% cash back on all purchases. Full Review

  • Rewards on all purchases
  • 0% intro APR for the first 15 months
  • $200 cash back for new members
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If you do most of your spending at US supermarkets and gas stations, then the Blue Cash Everyday from American Express gives you great rewards on those purchases. No annual fees and no APR percentages for the first 15 months, the Blue Cash gives up to 3% cash back on all purchases. Full Review

APR

5/5

Fees

4/5

Rewards

5/5

Requirements

5/5

7. Capital One SavorOne Cash Rewards Credit Card

Perfect for good - excellent credit score holders is the Capital One SavorOne Rewards Credit Card. It has no annual fees, no foreign transaction fees, no transfer fees, and gives up to 3% cash back on restaurant and entertainment expenditures. Full Review

  • Rewards never expire
  • Access to VIP tickets and five-star dining
  • High-quality privacy and online security
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Perfect for good - excellent credit score holders is the Capital One SavorOne Rewards Credit Card. It has no annual fees, no foreign transaction fees, no transfer fees, and gives up to 3% cash back on restaurant and entertainment expenditures. Full Review

APR

3/5

Fees

4/5

Rewards

5/5

Requirements

4/5

8. American Express Cash Magnet® Card

Accepted at almost 99% of US shops and stores, the American Express Cash Magnet Card can be used almost anywhere. With a low APR starting at 13.99% and no annual fees, users can take advantage of all the benefits and rewards. Full Review

  • Payment flexibility
  • Rewards and benefits apply to many travel, dine, and shopping purchases
  • Easy to apply with pre-qualify feature on website
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Accepted at almost 99% of US shops and stores, the American Express Cash Magnet Card can be used almost anywhere. With a low APR starting at 13.99% and no annual fees, users can take advantage of all the benefits and rewards. Full Review

APR

5/5

Fees

5/5

Rewards

5/5

Requirements

4/5

9. Delta SkyMiles® Reserve American Express Card

From AMEX, the Delta SkyMiles Reserve Card is one of the most exclusive travel reward cards available. The high annual fee of $550 is justified by the copious number of rewards and perks like insurance and 20% back on in-flight purchases. Full Review

  • Access to Delta Sky Club and Centurion Lounge
  • Delta Reserve Annual Companion Certificate with each renewal of Delta SkyMiles
  • 20% back on in-flight purchases
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From AMEX, the Delta SkyMiles Reserve Card is one of the most exclusive travel reward cards available. The high annual fee of $550 is justified by the copious number of rewards and perks like insurance and 20% back on in-flight purchases. Full Review

APR

4/5

Fees

5/5

Rewards

4/5

Requirements

4/5

10. PenFed Platinum Rewards Visa Signature® Card

Receive up to 5x points at gas stations and supermarkets when you use the PenFed Platinum Rewards Visa Signature Card. With a $0 annual fee and a 3% transfer fee after the first 12 months, this card is perfect for debt transfer and receiving discount from PenFed partners. Full Review

  • Perfect for transferring debt from high-interest rate credit cards
  • Discounts on personal, auto, home, and financial products from PenFed partners
  • Enhanced security features with chip-enabled cards and secure remote commerce
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Receive up to 5x points at gas stations and supermarkets when you use the PenFed Platinum Rewards Visa Signature Card. With a $0 annual fee and a 3% transfer fee after the first 12 months, this card is perfect for debt transfer and receiving discount from PenFed partners. Full Review

APR

3/5

Fees

5/5

Rewards

4/5

Requirements

3.5/5

Our Methodology

Since countless private financial providers claim to be among the best credit issuers, we compiled a list of the top-ranking credit card companies for those with excellent credit scores. We considered the following when creating our highest ranking list.

  • Annual Fee

Each cardholder must pay a fixed annual fee to remain a member of the financial provider. Even though there are a few credit cards for excellent credit with no annual fee, most credit issuers require one.

The fee amount ranges significantly between companies, costing from $50 to $550. This fee isn’t only for services provided but also ensures that the cardholder can enjoy various rewards and valuable benefits.

We’ve compared annual fees from different card issuers to see how they measure up against each other.

  • Benefits

Higher annual fees should accompany better benefits for its members, which doesn’t mean that cardholders with lower annual fees shouldn’t enjoy great rewards as well. When cardholders have excellent credit scores, they should have better benefits connected to their chosen credit cards for excellent credit only.

While compiling our top-ranked list, we thoroughly investigated the benefits and rewards each company offers, including their annual fee.

  • Intro APR

The introductory annual percentage rate (intro APR) is a unique initial low rate provided by the credit issuer to the cardholder. It’s only valid for at least six months, after which it will return to the regular percentages set by the credit provider.

Detailed Reviews

Blue Cash Preferred® Card From American Express
Blue Cash Preferred® Card From American Express
Blue Cash Preferred® Card From American Express

Best for Cash Back

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  • 0% intro APR
  • Cash back is automatic, without registering or enrolling
  • Cashback rewards are high quality
  • $300 entry reward
  • Cash back maximum is $6,000
  • 2.7% foreign transaction fees (per transaction)

The Blue Cash Preferred card is perfect for those who enjoy spending while getting high cashback percentages. You receive excellent benefits when you swipe your Blue card at gas stations, Costco, Walmart, Target, or online. Blue Cash Preferred is one of the best cashback credit cards for excellent credit score members.

Features 

The Blue Cash Preferred card has various useful features, including insurance for car rentals, 24/7 universal customer care services, members-only entertainment, and cashback rewards of up to 6%.

Only applicants with good or excellent credit scores will be considered for approval. The sign-up process is straightforward online or by speaking with one of the consultants.

Another advantage of this credit card for excellent credit score members is that members receive a $300 welcome bonus after spending $3,000 within the first six months.

In addition, members don’t pay any annual fees for the first year—including the 0% intro APR—after which a $95 annual fee is required and a regular APR of 13.99% to 23.99%.

American Express Platinum Card®
American Express Platinum Card®
American Express Platinum Card®

Best for Travel Rewards

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  • $200 extra annual airline credit
  • Receive Gold Elite Status from Marriott Bonvoy and Hilton Honors
  • Earn five reward points per dollar spent on airfare (up to $500,000)
  • High annual fee
  • No first year waiver
  • The APR is Pay Over Time terms that change

The Platinum Card is one of the go-to credit cards for excellent credit score holders, especially regarding travel rewards. After spending $5,000, you receive 75,000 membership points and many cash benefits towards Uber, American Express Travel, and annual airline fees.

Features 

With American Express’s Pay Over Time feature, members can expect an APR percentage between 15.99% and 22.99%. Additionally, members can earn 10x points when using their credit cards in certain US Supermarkets and gas stations during the first six months.

Excellent for travel, the Platinum status card rewards members 5x points on prepaid hotels, access to the Global Lounge Collection (a network of more than 1,200 airport lounges in 130 countries), an UBER VIP status, and other benefits from American Express Travel. The card also gives members extra discounts at Saks Fifth Avenue.

Considering it’s one of the best credit cards for over 750 credit score ratings, the annual fee is quite steep. But it comes with many money rewards benefits, justifying the annual fee.

Capital One Venture Rewards Card
Capital One Venture Rewards Card
Capital One Venture Rewards Card

Best for Travel Rewards

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  • Excellent sign-up bonus
  • Low annual fee of $95
  • Rewards redeemed for various aspects
  • No foreign transaction fees
  • The most difficult credit card to get approved for, even with an excellent credit score

The Capital One Venture Rewards credit card was specifically created to give members excellent travel benefits. It features fixed-value redemption with many hotel partners and 19 partnered airlines. For frequent travelers, the low annual fee card is a perfect addition to your wallet.

Features

The annual fee of the Capital One card is only $95. Considering the number of benefits members receive, it’s an excellent value for the money. In addition, It features a regular APR between 17.24% and 24.49%.

After spending $200,000 in the first 12 months, members can earn 100,000 bonus miles. Additionally, 2x miles are earned on every purchase throughout the year. A perk of this credit card for excellent credit is that miles won’t expire—it lasts as long as the account stays open. Your miles can be used toward vacation and car rentals, flights, and hotels. You can even transfer your points and miles to loyalty programs.

But even though it requires a good to excellent credit score, there have been reports of people being denied an application, even with an excellent credit score.

American Express® Gold Card
American Express® Gold Card
American Express® Gold Card

Best for Travelers and Diners

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  • 3x membership rewards points on amextravel.com booked flights
  • High rewards
  • Up to $25,000 can be redeemed per year on US supermarket reward programs
  • One of the best travel and dining credit cards for people with great credit
  • No lounge access or benefits
  • Pay over time penalty APR applies

Perfect for diners and travelers, the American Express Gold Card has many high-earning rewards when used at restaurants and for travel. With competitive Pay Over Time APR, the card gives a welcome bonus of 60,000 membership points. And points can be transferred to many different partners.

Features

You can personalize your card with your style by choosing between different colored cards, including rose gold and gold. After spending $4,000 in the first six months, members receive 60,000 membership rewards. The Gold card is excellent for international travelers since it gives 4x points for restaurants worldwide. In addition, special dining credit is given when used at specific restaurants, including Boxed, Shake Shack, Cheesecake Factory, and GrubHub.

This Gold card is one of the most excellent credit score credit cards available, especially for dining and entertainment. Unfortunately, this card’s annual fee is $250, which, compared to other credit cards, is a steep annual fee—considering that it doesn’t have lounge benefits and a limit to carry-on balance

Capital One Quicksilver Cash Rewards Card
Capital One Quicksilver Cash Rewards Card
Capital One Quicksilver Cash Rewards Card

Best for Cash Back Rewards

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  • 0% intro APR for 15 months
  • No foreign transaction fee
  • Easy to use with earnings at any shop without signing up
  • No annual fee
  • Cashbacks don’t expire
  • Only good to excellent credit score ratings eligible to apply

With a super-low annual fee of $0, the Capital One Quicksilver credit card is definitely worth considering. It offers 1.5% cashback on all purchases made. An intro APR of 0% for the first 15 months, makes this card even more attractive.

Features

After spending $500 in the first three months, you receive $200. Other credit cards require a higher spending amount, even though the new member reward is more.

This card is as simple as it gets. Members can earn 1.5% cashback on all purchases without signing up for various reward programs at different supermarkets or shops. With a 0% international transaction fee, a 0% intro APR, and a $0 annual fee, this card is the perfect addition to your wallet to earn cashback.

Unfortunately, Capital One Quicksilver cash-back credit cards are only for excellent credit score rating holders.

Blue Cash Everyday® Card From American Express
Blue Cash Everyday® Card From American Express
Blue Cash Everyday® Card From American Express

Best for Cash Back Rewards

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  • No annual fee for the first year
  • Rewards on all purchases
  • $200 cash back for new members
  • 0% intro APR for the first 15 months
  • Decrease of reward percentages after one year
  • Increase in annual fee after 12 months
  • $6,000 reward limit

Perfect for everyday use, the Blue Cash Everyday Card is excellent for those who do most of their spending at US gas stations, department stores, or supermarkets. With an initial $0 annual fee and a $0 intro APR, this is one of the best cash-back credit cards for excellent credit score holders.

Features

Members receive 3% cashback at US supermarkets for the first year and 1% cashback afterward. Cashback at US supermarkets is only up to $6,000 and 2% at selected US department stores and gas stations. A 1% cashback is received on all other purchases. And Reward Dollars can be easily redeemed for the statement credit.

Members have the Plan It program option to split up payments in monthly installments for purchases over $100.

Similar to the alternative, Blue Cash Preferred, this card’s APR goes up to between 13.99% and 23.99% after the intro APR period. Unfortunately, Blue Cash Everyday credit cards are for excellent credit only. Poor credit scores won’t be eligible for the rewards.

Capital One Savor One Cash Rewards Credit Card
Capital One Savor One Cash Rewards Credit Card
Capital One Savor One Cash Rewards Credit Card

Best for Cash Back on Entertainment and Dining

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  • High-quality privacy and online security
  • Rewards never expire
  • One of the best $0 annual fee credit cards for gastronomes
  • Access to VIP tickets and five-star dining
  • Up to $40 late payment penalty fees
  • Only good to excellent credit score ratings considered

The Savor One credit card is perfect for those who enjoy entertainment and dining since it pays an unlimited 3% cashback at various eateries and restaurants. In addition, another 2% cashback is given when members use their cards at grocery stores.

Features

The Savor One is one of the best cash-back credit cards for excellent credit score ratings. This obe of the cash rewards credit cards with an $0 annual fee and a $0 intro APR for the first 15 months. After the intro APR period, members can expect to pay between a 15.49% and 25.49% APR variable. There are no transfer fees or foreign transaction fees applicable with this card.

New members can earn a one-time cash bonus of $200 in the first three months after spending $500. You can also use your SavorOne with PayPal and receive rewards. For other online purchases, you’re given an ENO virtual card number for increased online purchase security.

With the number of rewards and benefits SavorOne gives towards entertainment and dining, it’s one of the best rewards credit cards for excellent credit score holders in the industry.

American Express Cash Magnet® Card
American Express Cash Magnet® Card
American Express Cash Magnet® Card

Best for Cash Back on Every Day Purchases

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  • Rewards and benefits apply to many travel, dine, and shopping purchases
  • Easy to apply with pre-qualify feature on website
  • Unlimited cash back
  • No annual fees
  • Payment flexibility
  • Top-notch fraud protection
  • Returned and late payment penalty fees of $40
  • 2.7% foreign transaction charge
  • Credit cards for good to excellent credit scores only

The Cash Magnet card offers a 0% intro APR for the first 15 months and a $0 annual fee. Then, with an unlimited 1.5% cashback and a US acceptance rate of 99%, you can swipe your card anywhere for great benefits. In addition, it has a low-interest rate of 13.99% after the intro APR period, making it one of the best low-interest credit cards for excellent credit score ratings.

Features

The top feature of the Cash Magnet card is that members can add family and friends to the card, meaning you can earn rewards much quicker. Rewards are not only received when you buy in-store or online but also for other fixed monthly spendings like phone bills.

The card’s Pay It plan allows you to control your payments in two ways: after the 15 months 0% intro APR and the variable APR of between 13.99% and 23.99%—the lowest on the market. And new members receive $200 cashback after they’ve spent $1,000 in the first three months.

Delta SkyMiles® Reserve American Express Card
Delta SkyMiles® Reserve American Express Card
Delta SkyMiles® Reserve American Express Card

Best for Travel

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  • Delta Reserve Annual Companion Certificate with each renewal of Delta SkyMiles
  • 20% back on in-flight purchases
  • Access to Delta Sky Club and Centurion Lounge
  • Car rental insurance
  • Trip cancellation insurance up to $20,000
  • High annual fee
  • No initial APR

Unlock the ultimate travel experience with Delta SkyMiles reserve credit card from AMEX. Their $550 annual fee includes various travel perks and benefits that include a new member bonus of 80,000 points. And an APR as low as 15.74% on all purchases makes traveling a cheaper endeavor.

Features

A great feature of this credit card for excellent credit score holders is that members can be rewarded 15,000 Medallion Qualification Miles (MQMs) up to four times a year after spending $30,000—and an additional 3,750 MQMs through 2022. Additionally, members can upgrade to Platinum, Gold, or Silver Medallion status the more they spend. (Each status comes with its own set of perks.)

Members can earn up to three times the miles when they purchase via Delta Vacations or Delta Flights. Travel purchases through other traveling agencies receive a one-mile-per-dollar reward. In addition, your first checked bag on any Delta flight is free, saving up to $60 per member.

Apart from these perks and benefits, the Delta SkyMiles card is one of the best credit cards for high credit scores because it has no foreign transaction fees. And a low APR between 15.74% and 24.74% is a bonus.

PenFed Platinum Rewards Visa Signature® Card
PenFed Platinum Rewards Visa Signature® Card
PenFed Platinum Rewards Visa Signature® Card

Best Every Day Rewards

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  • Discounts on personal, auto, home, and financial products from PenFed partners
  • 24/7 customer service
  • Perfect for transferring debt from high-interest rate credit cards
  • Enhanced security features with chip-enabled cards and secure remote commerce
  • Tap to Pay option
  • Points often less than $0.01
  • Credit card for good to excellent credit score only
  • Points expire after five years

PenFed is designed for everyday purchases. Whether you use it at the gas station, supermarket, or travel, you receive extra points. You have nothing to lose with a $0 annual fee and no foreign transaction fees when using the PenFed Platinum Rewards card.

Features

Receive 5x points for gas purchases, 3x points at supermarkets, and 1x points for all other purchases. PenFed has an easy-to-use online service that enables you to calculate your rewards and keep track of your member points. Members can redeem their points either as gift cards or towards travel or general shopping discounts. Because of all these perks, we had to add PenFed to our list of top contenders.

Members can receive a $100 bonus in the first three months if they spend $1,500 or more. Additionally, a 0% balance transfer promo APR for the first 12 months is given to new members, making transferring easy and affordable. After 12 months, a 3% fee will apply.

Best Credit Cards for Excellent Credit – Buyer’s Guide

Before choosing a credit card provider, there are a few essential factors to consider, such as scrutinizing the fine print, requirements, perks, and annual fees.

What to Know About Credit Cards

Credit cards are issued by building societies, financial providers, or banks. It’s a form of debt given to the cardholder with which they can make purchases. The amount borrowed must be paid back monthly with interest.

Many are under the misconception that anyone can have access to a credit card. But not all can use a credit card responsibly, and, for that reason, card issuers only approve applicants with good credit scores. There are some credit providers, however, who approve credit cards for those with low FICO scores, but they usually come with high-interest rates and small limits.

Those with good and excellent FICO scores can get approved for low APR credit cards for excellent credit status. But your credit score will decrease if you fail to pay back monthly amounts on any loans or debts. As a result, you won’t be able to apply for high-quality and low APR credit.

Make sure to understand the difference between credit score and FICO score.

Choosing a Credit Card Provider

Consider the following aspects of choosing a credit card provider when you have a good to excellent credit score.

  • Benefits and Rewards

Depending on the amount you spend each month, you can receive points that will add significant benefits in the end. Exclusive credit cards for excellent credit status members will most likely have some of the best benefits and rewards, including a low-interest rate and an accumulation of points that can be used towards travel or discounts.

Loyalty points can be earned when you use your credit card at certain supermarkets or gas stations. Cardholders should take advantage of these points and rewards systems by purchasing at recommended stores and using their reward point cards. Before signing up with a card issuer, make sure you can use rewards to their full potential.

  • APR and Interest Rates

The Annual Percentage Rate (APR) refers to the borrowing cost of the card. You must pay the APR percentage when you don’t pay off the whole amount borrowed each month. Some credit providers offer very low APR to those with excellent credit; some even give a 0% APR for the first few months. Compare the APR between different providers—the lower the rates, the more money you save.

Interest rates can also start very low, and after about six months, the rates will slightly increase. So make sure you are aware of how long the introductory interest rate lasts.

  • Annual Fee

The annual fee was a significant factor when creating our list of top credit cards for excellent credit scores. This annual fee must be paid in full; otherwise, it will be added to your debt on which you must pay interest as well. Therefore, it’s essential to compare the annual fees of different credit providers and the rewards and benefits associated with these fees.

There is no point in investing in a credit card with high annual fees if there aren’t any good perks and rewards that match the costs. In many cases, a higher annual fee provides various benefits, discounts, and bonuses to the cardholder.

  • Credit Limit

Applicants with high credit scores and high incomes can expect high credit limits. Credit issuers typically give more considerable sums to financially trustworthy candidates. If you have a high credit score, you should consider a credit issuer who will provide you with a high credit limit.

The most demanded credit cards for excellent credit score will provide up to $10,000 or more in credit. Anything less than $3,500 isn’t a good deal.

  • Sign-up Bonus

The sign-up bonus is an excellent incentive by card issuers, which allows cardholders the opportunity to reap rewards from the moment they sign up. Within the first few months, cardholders receive extra points, rewards, cashback, and travel miles when they use their cards.

Some of the top-rated credit cards for excellent credit status members give a $200 introductory bonus after spending a specific amount and can be used towards other purchases.

  • Minimum Repayment 

When cardholders don’t pay off the entire balance each month, the card issuers require a minimum repayment amount—typically approximately 3% of the amount owed or a minimum fixed amount, often $25.

  • Balance Transfer Fee

If you wish to transfer money from one financial institution to a new credit card for better interest rates and benefits, there might be a balance transfer fee. And when your current credit card provider’s interest rates are too high, you can consider this option. The balance transfer fee is typically a percentage of the amount you wish to transfer.

  • Foreign Transaction Fee

If you travel a lot and wish to use your new credit card overseas, you need to consider the foreign transaction fee. Cardholders typically need to pay (in dollars) between 1% and 3% of the transaction amount.

Some high-credit score credit cards issuers offer no foreign fees or fee-free cards. These cards typically have a high annual fee but still are good value for the money.

What Do Excellent Credit Scores Mean?

A few various credit scoring methods are used to determine what your 3-digit score is, which typically ranges between 300 and 850 and reflects your creditworthiness. Although financial providers use different scoring models, the most commonly used is the FICO model, created by the Fair Isaac Corporation as a comprehensive and standard calculation method. The following scoring ranges apply:

  • 300 – 579: Very poor
  • 580 – 669: Fair
  • 670 – 739: Good
  • 740 – 799: Very good
  • 800 – 850: Exceptional/Excellent

The benefits of having an excellent credit score include:

  • Lower interest rates
  • Higher credit limits
  • Approved credit card applications
  • Extra benefits from providers
  • Leverage to negotiate better terms and conditions
  • No security deposits

Obtaining an Excellent Credit Score

May wish to apply for excellent-credit credit cards but don’t have excellent credit scores. There are a few factors that have an effect on your credit score. When you focus on improving these aspects, your score will grow.

Your credit score won’t change to ‘Excellent’ status overnight. Begin working on the following factors, and within a few months, you will see your credit score increase.

  • Payment History 

About 35% of your FICO score is dependent on your payment history, which refers to your repayment credibility. When you pay your bills on time, your payment history percentage will be good. Conversely, poor payment history percentages won’t allow you to be eligible for high credit score credit cards.

Credit providers report all late payments to the three major credit bureaus (Experian, TransUnion, and Equifax) when you’ve missed a payment. The longer you wait to pay, the worse it is for your score. So keeping up with payment schedules and ensuring you stick with minimum payment requirements will increase your score over time.

  • Debt Amount

About 30% of your FICO score is determined by the total amount you owe on your different loaning accounts, including the entire available credit you have. When your debt-to-credit ratio is too great, you are seen as someone who uses money without repaying it. Therefore, credit cards for people with excellent credit utilization ratios will allow higher borrowing amounts. You can build up this factor by paying off your debt without reusing it again. Repay until you’ve reached a good credit utilization ratio.

  • Length of Credit History

About 15% of your FICO score is determined by the years you’ve had your current credit cards and loans. Credit providers consider the ages of your oldest and newest credit. A long, healthy credit history signifies a more trustworthy and credible individual in paying back loans. And boost your credit history by not closing credit card accounts, even if they’re unused.

  • New Credit Inquiries

About 10% of your FICO score is determined by the number of new accounts you have. So when you’ve opened a string of credit cards within the past few months, you’ll appear to be desperate for credit.

Avoid applying for too many credit cards and loans in a short period. And don’t apply for the hardest credit card to get approved for. When you have a low credit score, it’s best to apply with low credit score card issuers. Then, if your application gets rejected, start fixing your credit, wait a few months and reapply.

  • Credit Mix

About 10% of your FICO score is determined by considering your credit types, including mortgages, in-store accounts, credit cards, and installment or personal loans—which doesn’t mean you need to go and open different loans to have a good credit mix. Even if you have two to three cards from various providers, it’s more important to stick to payment schedules.

Types of Cards for Excellent Credit

If you have an excellent credit score, you possess the exclusive option of being approved for the following types of credit cards.

  • Balance Transfer Cards

One of the best perks of having an excellent credit score is transferring your current debt to another card. But you probably need to pay between a 3% and 5% transfer fee when you wish to do this. (Your new card pays off the credit balance of your old card.)

Cardholders typically make such transfers when they wish to move to another bank or service provider without losing their credit history. Cardholders who usually do this have built up their credit and want to move to a better credit card company—enabling them to switch to high credit score credit cards, simultaneously receiving more perks and lower interest rates.

  • Low-Interest Cards

The money you borrow from a credit card issuer isn’t always the amount you pay back. For example, some credit card issuers have steep interest rates, which causes the owed amount to increase over time. But you pay very low-interest percentages on the amounts owed when you have a high credit score.

There are credit cards with no interest percentages, but this 0% APR typically lasts for about 6 to 18 months, after which the usual interest rate applies. Once this initial 0% rate period is over, you should still expect a much lower interest on your card.

A regular APR ranges between 13.99% and 24.99%. An APR of 26.99% is deemed very high and isn’t a good deal for a credit card. On the other hand, if your credit score is excellent, you should expect (and even demand) a low-interest rate below 15%.

  • Cash Back Credit Cards

Each time you use your cashback credit card, you receive a percentage back of what you’ve spent. These kinds of credit cards for great credit score holders are excellent incentives. The more you spend, the more money you get off of your purchases.

Cash backs aren’t typically given to you as cash but rather discounts from specific gas stations, clothing stores, or supermarkets. So it’s an ideal way to motivate cardholders to purchase at certain stores. Cash back percentages are typically between 1% and 2% of the amount spent.

  • Travel Credit Cards

Each time you use a travel credit card to book a hotel, flight ticket, or other forms of travel, you earn points or miles, which can be used in the future towards other travel-related purchases. Compared to other credit cards that give cashback rewards, the travel credit card is worth considering, especially if you travel a lot.

Choosing the Right Type of Credit Card

How do you choose the best credit cards for an excellent credit rating candidate? Consider the following before choosing a credit card that fits your needs.

  • Credit Score

When you have a poor credit score, you shouldn’t try to apply for a credit card that requires an excellent credit score. Each time you apply for a credit card, the issuer will hard pull your credit score, which harms your overall score. So before applying, make sure you know what your score is and if you meet the requirements.

  • Purpose 

Why do you need a credit card for? Do you want to transfer your debt from another account, use it to build up travel miles, or benefit from a lower annual and interest fee? Consider what exactly you wish to use the card for and choose one that fulfills those needs.

  • Compare Credit Issuers

It’s advisable to refer to guides and reviews (like this one) to understand how various card issuers differ. Compare annual fees, perks and rewards, intro rates, and APR, which will give you a better idea of what credit issuers offer and if you can fully utilize the features to your benefit.

Top-Rated Credit Cards for Excellent Credit at a Glance

We’ve accumulated the following overview of our 10 top-rated credit cards options for excellent credit score holders.

Card company Best for Annual Fee Intro APR Regular APR
Blue Cash Preferred® Card from American Express Cashback $0 for the first year, then $95 0% for 18 months 13.99% to 23.99%
The Platinum Card® from American Express Travel rewards $550 See Pay Over Time APR See Pay Over Time APR
Capital One Venture Rewards Credit Card Travel rewards $95 N/A 17.24% to 24.49%
American Express® Gold Card Travelers and diners $250 See Pay Over Time APR See Pay Over Time APR
Capital One Quicksilver Cash Rewards Credit Card Cash Back rewards $0 0% 15.49% to 25.49%
Blue Cash Everyday® Card from American Express Cash Back rewards $0 for the first year, then $95 0% for the first 15 months 13.99% to 23.99%
Capital One SavorOne Cash Rewards Credit Card Cashback on entertainment and dining $0 0% for the first 15 months 15.49% to 25.49%
American Express Cash Magnet® Card Cashback on everyday purchases $0 0% for the first 15 months 13.99% to 23.99%
Delta SkyMiles® Reserve American Express Card Travel $550 N/A 15.74% to 24.74%.
PenFed Platinum Rewards Visa Signature® Card Every day rewards $0 N/A 13.49% to 17.99%

Conclusion

Even though you might not yet have an excellent credit score, you can take the necessary measures to achieve a higher one. Once you have fixed your credit score and built it up to excellent status, you can reap the benefits of the above-mentioned exclusive credit cards.

Those with excellent credit scores receive many benefits, such as better rewards, membership points, lower interest rates, and other perks. Still, when choosing a credit issuer, you need to consider essential factors to ensure you get the best for your buck.

FAQ

What benefits come with excellent-credit credit cards?

Not only is it much easier to get approved for a credit card with a good to excellent credit score rating, but you also receive a much better APR and interest rates and high-quality benefits.

Who can get a credit card for excellent credit?

Anyone with a FICO credit score rating over 800 is excellent. Some of the best credit cards are considered good (670 – 739) and very good (740 – 799) credit score ratings.

What is the best credit card for someone with excellent credit?

We advise that you choose any one of the credit cards mentioned in our article. For travel, the Delta SkyMiles® Reserve American Express Card is a great option. For everyday cashback and spending, we suggest the Blue Cash Everyday® Card from American Express.

What is the best credit card for someone with excellent credit?

Depending on your needs, you can choose a travel credit card or an everyday cashback rewards one. We suggest a credit card with zero foreign transaction fees and great travel benefits if you travel a lot. If you shop at supermarkets and gas stations, invest in a card that gives your rewards for all your purchases.

What is the hardest credit card to get?

The best credit cards for excellent credit are difficult to obtain because they have higher requirements for approval. Since these high-quality credit cards typically give great benefits, they only approve credible members.