Lifestyle   Money
By Consumer Team | 10 Aug. 2020

Top Credit Cards 2021: Pre-approved Balance Transfer, Consolidation for Bad Credit, Visa Applications Online & More

Looking for a Credit Card? Do you need to consolidate your credit card debt? Find a suitable offer and get your pre-approved credit card with a balance transfer!

Check out our guide for the best credit cards below. Find the credit card that fits your needs

0% APR Introductory Rates

If you are already a cardholder of one of the top credit cards, you already know that the APR is likely a prime determining factor in your choice. APR stands for Annual Percentage Rate. It represents how much it costs to incur credit on the card if the balance is not completely paid off by the end of the month. APR is often what brings many customers to a retailer, as they search for a card with the lowest APR.

Unfortunately, not everyone will be able to qualify for 0% APR introductory rates, and new credit card holders should look out for restrictions that may apply when they fill out credit card applications.

While you compare providers, be aware that even cards with fixed interest rates can change given certain variables (e.g. late payments, new rules, etc.).

Balance Transfer & Debt Consolidation

If you’re struggling with high-interest credit card debt, your best bet to make your life easier might be to find a credit card that A) allows balance transfer and B) has a lower rate (or a 0% APR, as mentioned above). Transferring the balance to a new card with a lower interest rate can help save you money and make it that much easier to get out of debt. The Citi Double Cash Card and Citi Diamond Preferred Card are both recommended for people interested in balance transfer cards.

If a balance transfer card doesn’t suit your needs, there are other ways to handle debt, including paying more than the minimum due (if possible) or even getting a personal loan for debt consolidation (with a lower interest rate than your original one, of course).

Credit Card Rewards and Incentives

Many people think that the bigger the credit card, the better the rewards. It’s true that the bigger your card, the more the company will reward you for shopping with them. However, it’s important to remember that just because they say that you’ll get a lot of points or rewards with a certain card doesn’t mean that it’s true.

Most cards offer sign-up bonuses including points on services like Lyft, eating at restaurants, using gas stations, or even using streaming services. Pay attention to your usual buying habits to see which rewards would benefit you most. Flexibility is key, so be sure you will be able to redeem your points and rewards during opportune times.

Introductory Period Length

The length of the introductory period is also an important factor to note. It’s good to know that the introductory period lasts for either a longer or shorter period of time. Though longer introductory periods may seem attractive, companies might be offering those longer periods in exchange for higher pay outs from you later in the form of higher interest rates.


All credit cards have some form of fees, though some are more expensive than others. Take a look at what kinds of fees the company charges and how much they are. Common fees include transaction fees, credit limit raise fees, late payment fees, and making payments by phone. Be sure that all of the fees your prospective credit card charges are within reason. For example, you shouldn’t be paying extra to be part of rewards programs or on balance transfers.

Credit Limit

This factor will be heavily dependent on what your credit score is. It represents the amount the credit card company is willing to allow you to borrow. Be aware of your monthly budget and spending habits to find a hard whose credit limit you’re unlikely to reach quickly. If you think it’s possibility that you would max out your credit limit on a consistent basis, avoid those offers.

Here are Some of the Best Credit Cards for Starters:

  • The Discover Secure Card
  • Capital One Platinum
  • The Discover Student Cash Back Card
  • Capital One Quicksilver