The 5 best credit cards of 2022: Top cards compared

While all of the cards collected here are great options, the best overall credit card for consumers is the Blue Cash Preferred from American Express. It’s incredibly rewarding and covers essential purchases like gas and groceries. It does carry an annual fee, but you’ll hardly notice it thanks to its high cash back rate. It might not have the most impressive collection of benefits, but the cash back rate for necessary purchases is too good to pass up.

Considering that the cost of gas and food is increasing, having a card that can put some money back into your pocket for purchases you need to make regardless of the price is very valuable. And with a little extra work, you can earn 5% cash back at your favorite retailers simply by purchasing gift cards from your local grocery store.

It’s benefits, while not as impressive as The Platinum Card, will still prove useful for cardholders. Your new purchases will be covered against damage and theft for 90 days, you can keep an eye on your VantageScore 3.0 credit score, plus take advantage of free two-day shipping with qualifying merchants thanks to the card’s ShopRunner membership.

However, if you’re still not sold, coming in second would be the Chase Sapphire Preferred. It’s a lucrative card with tons to offer, but it takes some work to get the best value and is primarily travel focused, which makes it less accessible to the average consumer.

No matter which card you choose, however, you’ll find a good deal of value and utility. Take a look at all of the best credit cards, side-by-side, and choose the one that would best suit your needs.

Card Name

Best for


Blue Cash Preferred

Essential spending

  • 6% cash back (on the first $ 6,000 spent, then 1%) at US supermarkets
  • 6% for select US streaming services
  • 3% at US gas stations and transit
  • 1% for everything else

US Bank Altitude Connect


  • 5x points per dollar on prepaid hotels and car rentals booked directly in the Altitude Rewards Center.
  • 4x points for gas, travel, and EV charging stations
  • 2x points for groceries, dining, and streaming
  • 1x point for everything else

The Platinum Card from Amex


  • 5x points per dollar (on the first $ 500,000 spent) for flights booked directly with airlines or with Amex Travel
  • 5x points for prepaid hotels booked through Amex Travel
  • 1x point for everything else

Chase Sapphire Preferred


  • 5x points per dollar for travel purchased through Chase Ultimate Rewards
  • 3x points for dining and takeout
  • 3x points for online grocery purchases (excluding Target, Walmart and wholesale clubs)
  • 3x points for select streaming services
  • 2x points for all other travel
  • 1x point for everything else

Chase Ink Business Cash


  • 5% cash back (on the first $ 25,000 spent in combined purchases) at office supply stores and on internet, cable and phone services
  • 2% (on the first $ 25,000 spent in combined purchases) at gas stations and restaurant
  • 1% for everything else

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