Often a card will have a zero percent rate or zero fees as a promotion, but you should never be getting a card based solely on a promotional offer. Promotions are a great perk, but it's important to consider the ongoing terms and conditions of any credit card offer. You should only consider a promotion if you have already determined how you will use the card after the promotional period ends--unless you are prepared to sock-drawer it if needed.
Before you decide which cards to even consider, first check your credit rating from a credit bureau or from annualcreditreport.com. (There is a fee to check your credit score; however, knowing for certain you have an excellent credit score offers many more opportunities for credit than a weak score.) Then check CardRatings.com and first select the type of card that best suits your needs, such as cash back or flyer miles, along with how you will probably be most using your card. If you will mostly use it to buy gas and groceries, it is silly to get a card that offers rewards for airline tickets. Only after you know your approximate credit rating and how you want to use the card, can you select which card suits your needs and decide which brand of card--for example, Discover--you want.
- 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 want a free gift for my credit card application. Which credit cards offer the best free gifts?
- Are Discover Card credit cards any good?
- Is a credit score of 725 considered good?
- Which bank offers the best debit card?
- Supposing you have a perfect credit score of 800 or better; which credit card offers the highest credit limits?
- On a credit card application, can you include your spouse's income under household income? What about other people that live with you?