Q: How do I know what kind of credit card to choose and from what issuer?
- How much experience do you have with credit cards?
- What kinds of extra rewards and perks would you use the most?
Making the comparison this way goes beyond just stacking rates and fees against each other:
Are you experienced? If you're new to credit cards, you'll have to start with a card that caters to consumers with light credit profiles. It's easy to get taken in by some dodgy subprime credit card offer that will stack you up with plenty of fees and a tiny credit limit. Start off instead with one of the student-oriented cards from Citi and Discover. As you build a stronger credit history, you'll qualify for some of the best credit card deals from American Express, Capital One, and Chase.
Choose the right rewards. The best rewards credit cards give you lots of flexibility for earning and redeeming special perks. Even though banks make it easy to sign up for affinity cards, it's not a great fit to get an airline credit card when you don't travel very much, or a hotel credit card for a chain you rarely stay in. Cash back credit cards make rewards easy to track. Think about other perks, too: American Express and Visa have launched a culture war over special access to sporting events, film festivals, and concerts.
Choose the right bank. Avoid signing up for a credit card from the same bank where you keep a checking account. While it sounds like extra hassle, you'll be thankful if an accounting glitch or an identity theft attempt locks you out of your entire account profile. Carrying at least one credit card from a separate lender has saved the day for me more than once.
- What's the best reward card for a Disney fan?
- How do Chase credit cards compare with other cards with regards to fees, rewards, and miles programs?
- Does the JPMorgan Select Card with smart chip technology have a PIN number that is used for each transaction?
- Do any credit cards still double the warranty on items bought on their cards?
- I filed Chapter 7 bankruptcy a few months ago. I'd like to rebuild my credit. Which credit card would you suggest and why?
- What credit card will insure my purchased items?
- I want to apply for a Capital One no annual fee card with points but I also want to do a balance transfer. If I apply for the points card, do they send BT offers once you have the card in hand?
- Is Capital One a good credit card to have?
- Which Capital One credit card is the best for accruing air miles the fastest?
- Are there any credit cards that cover emergency medical bills overseas?
- I've been asked many times to upgrade my American Express card to platinum. I am especially interested in their companion ticket perk.
- About two years ago, I went through Chapter 7 bankruptcy. Will I be eligible for an American Express again?
- Which cards offer rental car insurance?
- I'm on the road a lot. I don't want to max out my card and not be able to make purchases. Which card is best for me?
- I have a Citi Platinum Select Card and would like to apply for either the Citi Diamond Preferred Card or the Citi Dividend Card. Will already having a Citi Card hurt my chances of getting another Citi Card?
- I'm seeing "Visa Signature" a lot. What does it mean?
- What are the best Visa credit cards with cash back rewards?
- I was Christmas shopping and went to the counter to check out and my credit card wouldn't work. Discover turned it off! I had made too many transactions. Should I be angry? I lost all my Christmas gifts.
- I'm looking for the best credit card offer with benefits of extended warranty, price protection, purchase assurance, and satisfaction guarantee.
- I’m tired of dealing with poor customer service! Which credit card company is the best for customer service?
- Which card offers the best free travel insurance?
- I have a credit score between 660 and 720. How can I compare credit cards I qualify for?