What are the things you should consider while choosing cards?

Advertising Disclosure

Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many 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. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Cardholder Benefits » What are the things you should consider while choosing cards?

What are the things you should consider while choosing cards?


Updated: April 26, 2017

By
Add to Favorites:

Credit cards are extremely vital today and pretty much one of the most important things that you ought to carry in your wallet. Without a good credit card by your side, it has become quite difficult to buy the things that you want at a price that is going to be competitive. Hence, it is necessary to factor these different things in, so that you are not going to end up getting some credit card that is not the best around. Here are some tips that you can make use of in choosing credit card.

Looking at the APR

One of the most important things that you should probably think about when you are choosing credit card is to look at the APR and compare it with the others in the same category. This is the single most important aspect of a credit card to keep in mind, since you would ideally want to get something that has a low rate of interest, and is perhaps affordable to hold onto. Don`t get carried away as you might end up spending a lot of money out of your pocket if you don`t get something with a good rate of interest.

Rewards system

To a lesser degree, you can consider the reward system that the credit card is providing with your credit card. While choosing credit card in this manner is possible, it is not really recommended. You should perhaps look at this in the very end, after you have seen all the other aspects of the credit card. If you are still confused and need more clarity on this, you can easily think about choosing the card based on reward system, and short listing the most lucrative ones. Think of this as a bonus option with your credit card.

Loyalty benefits

Are you going to get something extra by staying on with the credit card for a longer period of time? If so, you should look at some of the benefits that you obtain with these credit cards. Consult with a representative to see how much you will save and the different benefits of opening additional cards with the same firm. If it sounds like something that is useful for you, it would make sense to go in for it.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

Interest Free Credit Cards: Pay No Interest Until 2019

Interest Free Credit Cards: Pay No Interest Until 2019

By Credit-Land, Posted: May 23, 2017

Carrying a balance on a credit card is wasting your money on interest fees. It is easy to avoid interest payments on purchase transactions by paying off the entire card balance by the due date each month. But what to do if you are already ... Continue reading
Dashlane: Password Management and Shopping Ease in One Simple Product

Dashlane: Password Management and Shopping Ease in One Simple Product

By Angela Rose, Posted: May 3, 2017

Are you terrible at remembering passwords? Are you so terrible, in fact, that you often use the same one for multiple websites? If so, you’re not alone. Continue reading
SoFi Making Lending Social

SoFi Making Lending Social

By Dar Dowling, Posted: April 26, 2017

Since 2011 SoFi, a San Francisco based online lending company, took the lending industry by storm, when they became the first online lender giving people access to affordable student loan refinancing. Continue reading