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Credit Cards
Low cost credits cards are everywhere and
the features are multiplying. With many companies
offering online application and nearly instantaneous
approval, opening a new credit card account
can take moments.
How do you find the best mix
for you? Here
are the popular features to consider
in determining
the best credit card for you:
- No annual fee for having the card
- Low annual percentage rate (APR). Many cards
offer 0% for balance transfers and new purchase
for up to one year. After that they revert
to a higher regular rate, but there is no
need to hold credit cards that have high
APR's.
- Cash back rebates - sometimes the incentives come in the form
of discounts, frequent flyer miles, or merchandise,
but nothing beats cold hard cash that you
can spend as you want
- Grace period - look for cards that offer
you up to 30 days after the
closing date
of the statement until you
have to pay the
bill
- Selectable closing dates - this allows you
to pick a payment day that corresponds to
when your pay check so that you don't have
to pay a bill before you get paid yourself.
- Insurance and warranties - look for cards
that provide travel and rental
car insurance
(if you use them) and extended
warranties
for purchases.
- Balance transfer fees - choose cards that
have zero or minimum transfer fees.
As you compare credit card offers, use this
list to see how the offers stack up. |
| Where to Apply (click to visit) |
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