Magnified Money: top 5 credit cards for 2020: best rewards, cashback & benefits
Aug 1, 2026
Click “Show More” to see my Favorite Financial Tools
MY FINANCIAL TOOLS
SoFi Complete Money Management
Checking & Savings -
Credit Card -
Invest -
Budgeting -
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Chime Fully Online Banking
Sign-Up for Chime HERE:
Chime Credit Builder HERE:
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Favorite Credit Cards
Chase Sapphire -
Capital One Venture X -
Chase Ink Business -
Amex Green -
Amex Platinum -
Amex Business Gold -
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Wealthfront Automated Investing
First $5,000 Managed for FREE -
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Current Card
Current | Modern Banking App -
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MY CAMERA GEAR
My Camera:
My Microphone:
My Lights:
DISCOVER FREE $50 REFERRAL LINK:
Card #1: Capital One Quicksilver Cash Rewards Credit Card
Pros:
1.5% cashback on every purchase with NO ROLLING CATEGORIES!
$150 when you spend $500 in your first three months
No foreign transaction fee
Cons:
No cashback boost on certain categories like gas or groceries
Card #2: Chase Sapphire Preferred Card
Pros:
2X Points on all Travel and Dining
Travel advantages such as 5X points on Lyft
60,000 Sign-Up Bonus when you spend $4,000 in the first three months
Worth about $750 when redeemed!
Cons:
$4,000 is a lot to spend to get the Sign-Up Bonus
$95 annual fee
Card #3: Capital One Savor Cash Rewards Credit Card
Pros:
4% cash back on dining and entertainment
2% on Groceries
1% on everything else
$300 cash bonus after spending $3,000 on purchases within three months
$95 Annual Fee is waived your first year
Cons:
$95 Annual Fee
Specific categories that some people don't like
Card #4: Discover it Cash Back
Pros:
No Annual Fee
1% Cash Back on all purchases
5% cashback on Rolling categories
Cashback match at the end of your first year. Essentially 10% and 2%
High Approval Chance No Annual fee
Cons:
You have to activate the rolling categories
No added benefit after the first year
Card #5: Citi Double Cash Card
Pros:
No rolling categories
2% cashback on everything!!
No Annual Fee
Cons:
Not much...3% foreign transaction fee
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The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.
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