Best and Worst Credit Cards for 2023

In this article, we will discuss the best and worst credit cards for the year 2023.

We will use a tier system to categorize the cards. Please note that this is all subjective depending on your own spending habits and this is all my own personal opinion.

You can check out the links to any one of these cards down below in the description which also supports this channel as well.

S Tier

• No cards have been categorized as S Tier.

A Tier

• Chase Freedom Flex Card: This card has no annual fee, offers a decent welcome bonus, 15 month no interest and no balance transfer fees, and five percent rotating categories. When paired with the chase sapphire preferred or even the chase sapphire reserve, it becomes a great card.
• Amex Platinum Card: This is another great card that offers a lot of benefits. If you do utilize the lounges, amex fine hotel resorts, or even just on a lucky day if you’re able to book the right trip, it comes in handy. However, if you’re someone who doesn’t travel as much, it could become like a coupon dumpster card.

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B Tier

• Amex Gold Card: This card offers a decent welcome bonus, $120 here and $120 there, and a $100 experience credit to use during the hotel collection booking. You also get forex back on dining and a US supermarket. However, the annual fee is a bit high at $250.
• Amex Blue Business Cash Card: This is a solid keeper card within your wallet since it has no annual fee, but the welcome bonus offer could be a bit more competitive.
• Built Mastercard: This is an underrated card that came up this year. If you rent, use this card to pay your rent and use those points to take whatever trip you want. It has no annual fee and offers great marketing efforts and customer service.
• Capital One Venture X Card: This is one of the most underrated premium luxury travel credit cards that offer great return on value. However, the annual fee is a bit high.

C Tier

• Capital One Quicksilver: This card is not a terrible card if you have a lot of credit card debt or if you’re struggling with something, but it’s not the best card out there.
• Capital One Savor One Card: This is one of the best no annual fee cards that exist right now. It gives you 10% back on Uber and a free Uber membership as well for you to utilize if you do buy a lot of takeout.

D Tier

• No cards have been categorized as D Tier.

F Tier

• Amex Centurion Card: This card is just for the flex value and the concierge is amazing, but the annual fee of $15,000 might not be worth it.

When it comes to credit cards, some may be great for the flex, but not so much for the benefits. In this article, we’ll focus on the benefits and rank various credit cards accordingly.

Below Average Cards

• American Express Platinum Card
• Apple Credit Card
• Citi Double Cash Card

Mid Cards

• Amazon Business Prime Card
• AMEX Blue Business Plus Card
• AMEX Cash Preferred Card
• Chase Freedom Unlimited Card
• Bank of America Red Cash Rewards Card

Good Cards

• World of Hyatt Card
• Chase Sapphire Preferred Card

Excellent Cards

• Chase Ink Business Credit Cards (all of them)
• Hilton Credit Cards (all of them)

Dumpster Cards

• Capital One Platinum Card
• Uber Visa Barclays Card

Keep in mind that these rankings are based on benefits alone and may differ based on individual circumstances and spending habits. It’s important to do your own research and choose the best credit card for you.

Credit Card Tier Guide

Here is a quick rundown of 30-40 credit cards, organized into tiers based on their value and benefits.

S Tier

• American Express Platinum
• American Express Gold
• Hilton Honors Aspire

Excellent

• Chase Sapphire Reserve

Good

• City Premier

Mid

• Amazon Visa Card

B Tier/A Tier

• Marriott Bonvoy

Questions: Credit Cards

What is the Amex Platinum Card and who would benefit from it?

The Amex Platinum Card is a credit card that offers a lot of benefits for those who travel often. Those who don’t travel as much might not benefit as much.

What is the Amex Blue Business Cash Card?

The Amex Blue Business Cash Card is a keeper card that has no annual fee. Its welcome bonus offer could be more competitive, though.

What is the Capital One Quicksilver Card?

The Capital One Quicksilver Card is a credit card that is not the best out there but can be helpful for those struggling with credit card debt.

What is the Amex Centurion Card and is it worth the annual fee?

The Amex Centurion Card is a credit card that is mostly for the flex value, but its annual fee of $15,000 might not be worth it for everyone.

What is the focus of this article?

The article focuses on credit card benefits and ranks various credit cards based on their benefits.

What are the credit card categories listed in the article?

The credit card categories listed in the article are below average, mid, good, excellent, and dumpster.

What credit cards are listed under the below average category?

The credit cards listed under the below average category are the American Express Platinum Card, Apple Credit Card, and Citi Double Cash Card.

What credit cards are listed under the mid category?

The credit cards listed under the mid category are the Amazon Business Prime Card, AMEX Blue Business Plus Card, AMEX Cash Preferred Card, Chase Freedom Unlimited Card, and Bank of America Red Cash Rewards Card.

What credit cards are listed under the good category?

The credit cards listed under the good category are the World of Hyatt Card and Chase Sapphire Preferred Card.

What credit cards are listed under the excellent category?

The credit cards listed under the excellent category are the Chase Ink Business Credit Cards (all of them) and Hilton Credit Cards (all of them).

What credit cards are listed under the dumpster category?

The credit cards listed under the dumpster category are the Capital One Platinum Card and Uber Visa Barclays Card.

What should you keep in mind when choosing a credit card?

It’s important to do your own research and choose the best credit card for you as these rankings are based on benefits alone and may differ based on individual circumstances and spending habits.

What is the Credit Card Tier Guide?

The Credit Card Tier Guide is a quick rundown of 30-40 credit cards, organized into tiers based on their value and benefits.

How are credit cards organized in this guide?

Credit cards are organized into tiers based on their value and benefits, with the S Tier being the highest tier.

What credit cards are in the S Tier?

The credit cards in the S Tier are the American Express Platinum, American Express Gold, and Hilton Honors Aspire.

What credit card is in the Excellent Tier?

The credit card in the Excellent Tier is the Chase Sapphire Reserve.

What credit card is in the Good Tier?

The credit card in the Good Tier is the City Premier.

What credit card is in the Mid Tier?

The credit card in the Mid Tier is the Amazon Visa Card.

What credit cards are in the B Tier/A Tier?

The credit cards in the B Tier/A Tier are the Marriott Bonvoy.

While this is just my personal opinion and preferences, I hope this guide can provide some insight into the value and benefits of different credit cards.

Feel free to share your own opinions and thoughts in the comments below.

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