Choosing a Credit Card

How to Find a Credit Card That Works For You



There are so many credit cards out there to choose from that deciding which one to get can feel really daunting. What makes one offer better than the hundreds of others you’ve seen?

Barely a day goes by without getting an offer to apply for a credit card, either by the traditional mail service or online.  If this is something you are considering doing, there are several key issues that you will need to understand before you decide what card offer is right for you.  All credit card offers will offer benefits.  Finding the one that fits your needs is the key.  Let's discuss a few of the things you should be aware of before you do any applying.

What Do You Need The Card For?

This is the first and most important question you should ask yourself.  Your answer will help to decide just what type of card and what incentives will work best for your needs.

For example, if it is for business use, look for a card that offers a cash-back for business purchases or membership to a discount buying club.  Most credit card companies will offer a low introductory rate for a specified amount of time but you need to know what it jumps to when that said time has expired.  It may work best for your business if you find a long-term, more moderate interest rate than be stuck changing cards every few months to keep your interest in check.

If the card is for personal use, decide why and for what do you really need it for.  If you plan on using it instead of cash and checks throughout the month but plan to pay it off each month, know what the card's grace period is and what happens if you miss it.  Pick a card that offers reward points even if you don't carry a monthly balance.  This can be a great way to rack up the frequent flyer miles as long as you're disciplined enough to use it this way.

Know The Interest Rate

Many credit card companies will offer an initial interest rate that is quite low, sometimes even 0%, for a designated period of time.  This rate usually applies to both transferred balances and new purchases.  What you need to know is what happens after the introductory phase has ended.  Will the interest then skyrocket? 

Will the interest rate be more moderate as long as you have a good payment history?  Look for hidden costs such as an annual fee or a cash advance fee.  These are important to know if you plan on using your card effectively.


Many credit cards also offer a whole list of incentives with their application request. Although many of these are nice, usually you have to use your card a great deal to get them.  This can become a kind of trap.  You know, buy more to save more.  If you're going to use your card anyway, then you might as well have something to show for it.  Look for credit cards that offer incentives that interest you and you would actually use.




Latest Credit Card News

Guaranteed Bad Credit Financing
Receive a loan or credit card even with bankruptcy!

Personal Loans & Visa Approved At Abacus
Offering Personal Loans, Credit Cards for the credit impaired. - Bad Credit Loans
Loans & credit cards for people with bad credit. Affiliates earn 75% from this extremely professional and high converting site!

How To Get Out Of Credit Card Debt
Start getting out of credit card debt today with 7 Easy Steps to Getting Out of Credit Card Debt.

Debt Free In About 3
Patent Pending process shows you how to be debt free in about 3 years, including your mortgage, cars, and credit cards.

MSN Search News: credit card

Need Help Repairing Your Credit?
KPLC TV - Everyone who signs up for the card at is guaranteed an unsecured $7,500 line of credit with no credit checks or employment verification. The card works much like a "store credit card" because the line of credit can only be spent in ...

Use Your Home Equity Wisely
KPLC TV - A home equity loan provides you a lump sum, while a home equity line of credit, sometimes called a HELOC, functions more like a credit card that you can use as needed. Before you borrow against your home, it's important to have a plan for repaying the ...

Know Your Credit, Build Your Financial Future
KPLC TV - Lenders, landlords and other service providers purchase credit reports to help them make credit granting decisions such as approving an application for a loan, credit card or housing. Check Your Credit * Personal information. Compiled from credit ...

EFT/Credit Card Payments, Quick Certs, and Broker Billing Updates Mark ...
PRWeb - July release geared to help administrators bring their business online Travis Software Corp., a market leader of Advanced Employee Benefits Software Administration and provider of the system, announced today the availability of WebCOBRA ...

Credit Card Crook
WAFF - You find a credit card laying on the ground. What would you do? Hopefully, most of us would try to return it to the owner. But unfortunately, there are some people just looking to take advantage of others. A Valley woman recently dropped her credit ...

Crossett Man Charged with Buying Cycle, Car with Stolen Credit Card
Ashley County Ledger - A Crossett man faces theft and identity theft charges in connection with using a credit card registered to the Ashley County Sheltered Workshop. Police Chief Tommy Sturgeon said Monday that police arrested William Matthew Travis, 23, 104 West Ninth ...

Bank of America launches baseball rewards card
Reuters - NEW YORK, July 6 (Reuters) - In conjunction with next week's baseball All-Star Game, Bank of America Corp. (BAC.N: Quote , Profile , Research ) is rolling out a credit card that lets holders redeem points for a World Series tickets or throwing out a ...

Paying with someone else's credit card
WAFF - Paying with a credit card can be quick and convenient but it wasn't for one man. Then again, it wasn't his credit card. A man was busted at the BP Minit Man convenience store at the corner of South Parkway and Bob Wallace. According to Huntsville ...


credit cards

credit cards

In debt? FREE Info!
Find out how

debt consolidation ,
debt management,
debt negotiation can ...