The Best Credit Card - Shopping For A Credit Card

Posted by Nick Niesen on October 29th, 2010

Credit cards are just like any form of credit, you should shop around to find the best deal. Depending on your situation, you may want to find a card with low rates, a reward program, or a 0% APR for transfers. Make sure you look at several credit card companies to find the best deal for you.

Comparing Programs

Credit card companies offer several different types of incentives to entice you to open an account with them. These rewards can save you money or earn you trips or cash back. If you plan on always paying off your monthly balance, then a reward program, such as airline miles or cash back, may be for you.

If you plan on carrying a balance on your new credit card, then look for the lowest rate. You will want a no frills card with no annual fees. You can also choose a card with a low introductory fee, usually lasting six months to a year, if you plan to pay off the balance soon.

For transfers, look for offers of 0% APR. These offers typically last for six to twelve months, but they can save you a bundle on interest. However, be aware that rates on these cards can shoot up after the grace period.

Finding Credit Card Companies

I?m sure you have received several credit card offers in the mail this week, but you can find better deals online. The major financing companies offer special reward bonuses and special programs for students or small business owners.

Look at what each credit card company is offering along with their rates. You may also want to choose a card that you don?t already have. While American Express and Discover offer excellent rewards, they aren?t accepted by everyone. Plan on having at least two different types of cards.

Always Watch For Deals

Once you have your credit card, continue to look at credit card offers. You may find an especially low rate or a good rewards program. You can easily apply for the card, then close an old credit card account. While having several different types of credit lines are good for your credit history, too many open credit card accounts can hurt your score.


Nick Niesen

About the Author

Nick Niesen
Joined: April 29th, 2015
Articles Posted: 33,848

The ONLY Vital Credit Card
Earn 5% Cash Back on all of your purchases plus additional cashback for sharing the offer with your friends and family! This is the ONLY credit card you need! Competitive APR's, No annual fee, Elegant Metal Card Design!
Lolli: Earn Free Bitcoin When You Shop Online!
Lolli is a rewards application that gives you bitcoin for shopping at your favorite online stores.
YoBit Crypto Exchange
Register Now and get 1700 Free Dollars! Buy and sell Ethereum (ETH) on YoBit Exchange!
CryptoBits.Directory - Your Gateway to Crypto!
Directory filled with some of the best crypto based websites and exchanges available! Signup and get a copy of your own free referral directory!
CryptoKnight Capital - Earn Crypto on Auto-Pilot!
Start investing safely in crypto when you follow our automated cryptocurrency trading portfolios. Let us do the work and earn you money!
Claim 1 FREE Stock! No Purchase Necessary!
You have a 100% chance of receiving one free stock! Click to claim and have a chance to get one share of Facebook, Visa, Microsoft and others for free!