Determining Factors in Choosing a Credit Card


ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Cardholder Benefits » Determining Factors in Choosing a Credit Card

Determining Factors in Choosing a Credit Card

What makes a perfect credit card? There isn't actually a universal answer to that question for people have different personal preferences. What may be good for you might not be for other people. For this reason, credit card companies have come up with different programs to make sure that they have a product that would fit every consumer need. As a consumer it is your responsibility to find the right card for you because you won`t expect banks to do that for you.

There are several factors to be checked on to determine whether a credit card is the right card for you. Look closely on these factors and you will no doubt find a very good card; one that will give you the benefits that you deserve.

The interest rate

One of the major concerns when it comes to choosing a good card is the interest rate. When your company says that it is a zero percent interest, make sure that it really is. Zero percent introductory rates only last for like six months to a year and when the period is over, you would realize that the regular rates are too high. To make sure that you get the best rates (might not be the lowest), keep comparing until you really come up with the best.

Aside from interest rates, there are other fees that come with your credit card usage like annual fee. Generally, cards with higher annual fees have lower interest rates and the vice versa. This may not be the case but it is a common thing.

To help you find. Good rate, look for websites wit a lost of several credit card providers and compare the rates and features. Don't just go with the very first credit cad that you come across with.

It had always been better to go for cards which are recognized worldwide. This would not mean though that major credit cards are always the best. If only you try harder, you would be bale to find a card from smaller companies with good features, rates and deals.

That`s why we`ve got the World Wide Web, so we can have the widest resources to everything especially when it comes to finding the best credit card deals. Go to as many sites as you can. Doing so will give you more chances of finding the card that perfectly fits you. There is nothing more advantageous than owning a card that will never let you down.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

Top 5 Cards for Travel from Our Partners: Spring 2018 – Expert Choice

Top 5 Cards for Travel from Our Partners: Spring 2018 – Expert Choice

Posted: February 12, 2018

Days are getting longer, snow is melting and you already feel the lightest breath of warm breeze on your face - spring is here. Summer holidays are looming, and so is Easter with its shopping. You can lift in spirits and let CreditLand ... Continue reading
Cash Back or Travel Rewards? Here’s How to Decide On The Right Card

Cash Back or Travel Rewards? Here’s How to Decide On The Right Card

Posted: February 10, 2018

If you're trying to find the perfect rewards credit card, you might feel like you're drowning in options. There are just so many out there, and many of them look similar. This can make it tough to decide on a card. One thing people often ... Continue reading
Price Protection: Credit Cards That Will Refund a Price Drop

Price Protection: Credit Cards That Will Refund a Price Drop

Posted: February 8, 2018

Those who often find themselves buying stuff and then discovering that they could pay less for the same item they've just bought, will appreciate this credit card benefit – price protection. This is the least known and the most neglected ... Continue reading