The Best Credit Card Features for 2020

Rick Orford
12 min readOct 8, 2020

No doubt, in 2020, there are many credit cards to pick from, but how do you choose the best one? In this article, we’ve asked the experts. We came up with a list of the different types of credit cards and their features to be on the lookout.

If you can make use of the features, having a credit card can be worth it. However, if you have to pay to have access to the credit card, and you can’t make it worth your while, you might consider changing it or canceling it altogether.

Let’s dig in and discover everything about the different features of credit cards in 2020 have.

Main credit card types

It’s best to choose the credit card that will give you the most bang for your buck. For example, if you can spend $1,000+ a month on your credit card, then indeed, a credit card offering cash back or points might make sense. Or, if you have some debt you’d like to consolidate, a balance transfer card might make the most sense for you.

  • Secured Cards — Ideal for those with no credit history or who need to rebuild credit.
  • Free / No Annual Fee — great for new credit card users, no annual fee, a shortlist of perks. These are ideal for students or those who are getting their first credit card.
  • Low Interest / Balance Transfer — Some…

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Rick Orford

Rick’s passion is personal finance, and works tirelessly to deliver content in an easy-to-understand manner. He is an author, investor, mentor.