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THE 6 BEST CREDIT CARDS YOU NEED IN 2020

what's up guys it's Graham here so as

I'm sure many of you are aware the one

thing I love more than anything even

more so than finding really creative

ways to ask you to smash like button can

YouTube algorithm would be credit cards

that's right these little pieces of

plastic or sometimes more commonly now

metal hold a really special place in my

heart and I spend way too much of my

time looking up which ones have the best

rewards how to maximize the value of my

points and how to use these little

things to increase my credit score which

then give me a better interest rate

anytime I go and buy real estate and

today all of that research and time

spent analyzing credit cards really late

at night is gonna be put to good use

because we're gonna be covering the best

credit cards in existence throughout six

different categories we're gonna be

going over the best credit card for cash

back the best credit card for dining the

best credit card for travel the best

credit card with a signup bonus the best

credit card for 0% interest and then to

top it all off we'll end it with the

best credit card overall and remember

the point of this is not to dig yourself

in debt or go and buy that cool $75,000

robotic dog that will take you 20 years

to pay off even though that might be

pretty tempting instead this is really

just about maximizing the best value for

your spending with money you would be

spending anyway in a situation where you

could get free stuff whereas otherwise

you would not be getting free stuff so

sit back relax I've compiled all the

research for you so you don't have to do

a single thing besides watch the video

and smash like button to the YouTube

algorithm of course I had to say it

because a blue like button holds a very

special place in my heart so with that

said thank you so much and let's begin

the video first we're gonna be starting

off with an easy one and that is the

best credit card for people who want

cash back now I think this is the most

important one for people to pay

attention to who don't do a lot of

traveling or do a whole bunch of random

spending and just want to get everything

at a slight discount because this one is

going to give you the most money back at

the end of every single month and that

would be through the city double cash

rewards credit card it's going to be

giving you a limited 2% cash back on

everything 1% when you make a charge to

the account and another 1% when you pay

off the balance it's that easy that's

right you can now get 2% off that

Nicolas Cage pillow case your girlfriend

has been begging you to get for her

birthday you could also get 2% off every

single time you buy a Picasso you could

even get 2% off the sponsor of this

video if I had a sponsor of this video

now what makes this card so good is that

the 2% cashback applies to anything

without any limits whereas instead a lot

of credit cards will

give you slightly less or give you more

cash back on certain categories within

certain time frames and then put a limit

on how much cash back you could get for

example the discover it cash back card

can give you up to 5% cash back but

every three months it's going to be a

different category and up to $1,500 but

with this one you never need to remember

which categories are in the right season

or which cards to pull out in which

spots so you never need to go and

remember like oh it's Mondays so if I

spend money at Ruby Tuesday's I'll get

5% off in the month of October you never

have to remember that all by the way

with no annual fee and don't just take

my word for it we could go on their

website and see what other people are

saying about this card it's pretty good

this user said great card it's great

this person said really liked the card

or this one awesome and h-town said nice

card imagine of my reviews are like that

by the way just no context whatsoever

just this awesome

nice card end video but at least one of

their reviews was a little bit critical

of this card and here's what they had to

say about it only reason for four stars

because everything has room for

improvement but now we're gonna be

moving on to the next category of this

list and that would be the best credit

card for travel so even though a lot of

people right now are not traveling the

one I'm about to mention still offers a

ton of flexibility and it's really easy

to get your money's worth with this one

and that would be the Chase Sapphire

reserve to start this one is going to be

costing you five hundred and fifty

dollars a year as an annual fee which on

the surface is a lot of money but this

is one of the few cards where if you

know how to use it correctly you can

actually make a lot of money from it so

here's how you could do that one the

signup bonus you're gonna be getting

50,000 points when you spend $4,000 on

the card within the first three months

and those 50,000 points are worth seven

hundred and fifty dollars when you

redeem it through travel or straight-up

just cash back now before anyone

inevitably comments and says something

like butt grab you have to spend four

thousand dollars just to get 750 dollars

back that's a bad deal your music money

well that's not really how it works if

you are just going to naturally spend

four thousand dollars over the next

three months anyway then you may as well

put it on this card and get money back

whereas otherwise you would be getting

nothing and if you cannot organically

spend four thousand dollars on the card

within the first three months then I

don't recommend you get the card and

it's best to hold off for now problem

solved anyway in addition to getting

50,000 points worth 750 dollars you're

gonna be getting a three hundred dollar

annual travel credit towards anything

travel related that includes hotels

parking meters Airbnb uber airfare

timeshares you name it and to me this is

really just like free money because all

of us inevitably will probably be

spending $300 a year in this category

anyway now you're also going to be

getting a hundred and twenty dollars

statement credit towards doordash

deliveries and free - pass for two years

which is worth another $120 a year

you're also gonna be getting one year of

complimentary lyft pink when you

activate the service using your credit

card and that is worth two hundred and

forty dollars you're also gonna be

getting free Priority Pass lounge access

for yourself and up to two guests

anytime you travel you're also gonna be

getting complimentary Global Entry or

TSA PreCheck which works said to be

about a hundred dollar statement credit

every four years and you're also gonna

be getting so many other perks and

services that are just too much to

mention here oh and also a brand new

feature that just went into effect on

July 1st the credit card is going to be

giving you five times points back on

instacart five times points back at gas

stations and ten times points back on

streaming and this one is actually

really good I'll share with you how much

it's worth though I could travel

recently the Chase Sapphire reserve now

has what's called a pay yourself back

feature where you could redeem your

points for a value back of one and a

half cents each so if you have a

thousand points you could essentially

redeem that back for a fifteen dollar

statement credit that means if you go to

the gas station and you get five points

for every one dollar you spend that's

essentially the same thing as you

getting seven and a half percent back on

money you spend at gas stations which is

a lot or you could also get 15% off any

streaming services which is also a lot

of money that makes this card really

good even if it does cost you five

hundred and fifty dollars a year to open

it and right off the bat if you add up

the signup bonus the travel credit the

door - credit the complimentary lived to

pink the value of the Priority Pass

lounge access you're getting at least

sixteen hundred and thirty dollars worth

of value for five hundred and fifty

dollars spent and that leaves you with a

profit of one thousand eighty dollars in

the first year just for opening up the

card that's what makes this card so good

to get for anyone who loves spending

money on travel even if you're not

traveling really beyond your own City

next with all of that travel talk out of

the way let's move on to the next

category here and that would be the best

credit card for dining out and that

would be the American Express gold card

what does have an annual fee of $250 a

year but it's got so many really good

rewards that more than make up for that

especially if you do not do any

traveling like to start when you sign up

for the card you're gonna be getting a

sign up bonus worth anywhere from 35,000

to 50,000 points usually when you spend

anywhere from three to five thousand

dollars in the first three months on the

card now here's the thing with American

Express usually you have to go online

and do a whole bunch of searching to try

to find the best sign up bonus offer out

there and then you have to go on

incognito mode to try to get the offer

and sometimes it's gonna show up and

sometimes it's not some links you'll

find are gonna be better than others and

some links will work for some people and

not for others it's kind of random when

it comes to that but just for the sake

of this video let's assume you get

thirty five thousand points when you

spend four thousand dollars in the card

in the first three months that's gonna

be worth anywhere from three hundred and

fifty dollars to seven hundred and fifty

dollars back in value depending on how

you redeem it so really just right there

it's more than paid for itself

they're also gonna be giving you a

hundred and twenty dollar dining credit

which works out to be ten dollars a

month towards GrubHub seamless The

Cheesecake Factory Ruth's Chris

Steakhouse boxed and participating Shake

Shack locations I'll be honest I use

this feature a lot but every now and

then I have to remember to spend this

money like oops it's almost the end of

the month forgot to spend the money at

the Cheesecake Factory you got to go do

that really quick so it's really not as

good as the Chase Sapphire reserves

overall travel credit that goes towards

everything but it's still good we're

also gonna be getting four times points

back on restaurants and supermarkets

which depending on how you redeem it

could be the equivalent of almost

getting eight percent cash back

depending on how you use those points so

that makes this card really good anytime

you go and buy groceries or go and spend

money at restaurants and of course

because this is an American Express card

they're also going to be giving you $100

statement credit towards the airline of

your choosing there's also going to be

plenty of other benefits with this as

well like $100 hotel credit when you

stay two nights that you could use

towards dining spa and other resort

activities so all in all if you go and

add up all the benefits of this card

including the sign up bonus at minimum

it's gonna be worth six hundred and

seventy dollars all the way up to one

thousand twenty dollars depending on how

you redeem the points personally I never

recommend using these points towards

cash back or gift cards because they

give you a really low value for it but

each point can be worth up to two cents

in value if you redeem it for travel

personally I use Aeroplan

I transfer my points to that company and

then I could book United flights through

that at a rate of twelve thousand five

hundred points for a one-way flight the

advantage with American Express is that

almost every partner takes them so you

could end up getting some really really

good deals if you just know it'll lock

otherwise I would say this is the best

all-around card for dining and then you

save up your points and can transfer

them anywhere else where you could get

the best value but if all you're looking

for right now is the best sign up bonus

possible because you want some of those

sweet sweet points well don't worry I

got you covered with the Chase Sapphire

Preferred no this one is not the reserve

this is the one just below that be

preferred and it has an annual fee of

$95 a year now this one is really good

and wins the best sign up bonus category

because they will give you 60,000 points

when you spend four thousand dollars in

the card within the first three months

and those points are worth seven hundred

and fifty dollars when you redeem it

towards travel or cash back like it

mentioned chase now has that pay

yourself back feature and with the Chase

Sapphire Preferred each one of your

points is worth one point two five cents

back you're also gonna be getting two

times points back on travel and dining

so essentially that's like you getting

two and a half percent back on those

categories now this one it's a really

great signup bonus and it's a good card

to get especially for beginners but

besides that that's pretty much it so

essentially it's like you're spending

ninety five dollars to be able to get

back seven hundred and fifty dollars in

value but don't just take my word for it

here's what other people have to say

about it on their website excellent I am

very happy it is perfect very like it

and then of course we got this one can't

say enough obviously you know there's

something to it when there's so much to

say about a credit card that you're able

to sum it up in three words Bravo next

we're going to be moving on to a

slightly different category and that

would be the best credit card for 0%

interest which during a time like this

can be a really useful feature see

here's the thing ideally in a perfect

world you would never carry a balance on

a credit card ever

you'll always pay it off in full you'll

never pay any interest and you're not

going to be disrupting your credit

utilization which is the amount of

credit you have available to you versus

how much of it you actually use which

the lower that number the higher your

credit score is going to be but let's be

real we don't live in a perfect world

people have financial issues they don't

have the savings to pay for it and they

need a really low-cost option to hold

them through and that is where this card

comes in normally most credit cards

again

charging you some outrageous interest

rate between 15 and 30 percent which is

just unacceptable

but as an alternative to that in a last

case resort putting your expenses on a

card like this temporarily until you

could pay it down in full is a good way

for you to get 0% interest and not be

out of pocket even more money than you

need to be now we will say that this one

was a really tough one for me to rank

because there's a lot more to take into

consideration besides who has 0%

interest for the longest time period

because if that's all you care about the

US bank visa platinum will do that and

give you 20 months of 0% interest with

no annual fee besides that there's

really no other benefit or perks to the

card but hey at least you get almost two

years of 0% interest on a card with no

annual fees so that's pretty good now

the city double cash card is also going

to be giving 18 months of 0% interest on

balance transfers so if you already have

debt that you want to move over that one

could actually be a pretty good option

but if I'm going to be ranking the best

overall 0% interest rate credit card

that I got to give that to the Capital

One Quicksilver card I like this one a

lot because they don't charge you any

annual fee they're going to be giving

you 0% interest for 15 months on both

balance transfers and purchases they'll

give you one and a half percent cash

back and they will give you a hundred

and fifty dollar cash bonus when you

spend five hundred dollars in the first

three months so yeah you're going to be

getting five fewer months of 0% interest

but let's be real

15 months of 0% interest is a long time

and on top of that you're going to be

getting cash back and on top of that

you'll get a hundred and fifty dollars

when you spend five hundred in the first

three months so from my perspective in

most situations this one would just be

the clear winner but sure if we're just

gonna be going with 0% interest for the

longest then the US bank credit card is

going to be the winner on this one with

twenty months and I'll have you decide

which one you think is better for your

situation and lastly we have the final

award designation for the best overall

credit card that I've not yet mentioned

here this is the card that's not

necessarily best in one specific

category but it's just really good at a

whole bunch of things it's like the

jack-of-all-trades and that would be the

chase freedom unlimited two starts

there's no annual fee so there you go

it's not going to cost you anything

you're also going to be getting one and

a half percent cashback unlimited on

everything and five times points back on

lift which is awesome you're also going

to be getting $200 cash back

you spend $500 in the first three months

on the card which is even better than

the capital one Quicksilver card angel

pays 0% interest for the first 15 months

on all of your purchases so what's not

to like

now this one is very similar to the

Capital One Quicksilver except it does

have a foreign transaction fee if you go

and use this card overseas you're gonna

be charged that and it doesn't allow for

0% interest on balance transfers but

with chase you do get a slightly higher

signup bonus and there's a little bit

more flexibility in terms of where you

transfer your points to to get a

slightly higher valuation in the right

deal so that's why I'm giving this one

to the chase freedom unlimited it just

barely beats out all of the other cards

is one of the best ones to have in your

wallet and the $200 signup bonus is

really nice for a card like this with no

annual fee plus reading these reviews on

their websites are just too good not to

include in the video like this one just

says works good stuff or I don't know

how to say it but it very good or this

one says 10 stars love it but they only

rated it 3 stars anyway if you have a

chance I'm going to be linking to these

reviews down below in the description

when you're ever bored if you want to go

and give them a read they're really

funny if your threshold funny is really

really low like mine there we go those

are my top six credit cards in each of

their categories I'm sure some of these

are eventually gonna be changing over

time which is why a video like this

constantly needs to be updated but as

right now here you go those are my

thoughts and now could be the time to

add on to your credit card collection

and maximize the benefits of every

dollar you spent get some of those sweet

sweet points and smash the like button

for the YouTube algorithm so with that

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watching and until next time