HOW TO CHOOSE THE BEST CREDIT CARD
Like choosing a new car, picking the right credit card depends on your lifestyle. Before you apply for a credit card, evaluate your everyday financial behavior. If you are carrying the balance, then credit cards with high APR won't be good credit cards to apply for, if you travel once a year, the co-branded travel cards won't do you much good either, but with thorough consideration, you will find credit card offers that will complement your spending habits.
Evaluate your credit history.
If you are new to the world of credit, you will hardly be approved for a posh no annual fee credit card with massive rewards, 0% intro APR, or sign-up bonus because such credit card benefits are offered to people with established credit. Your primary need will be building your credit, so secured cards or credit cards for people with limited credit will be your first choice. On the other hand, if you are a lucky owner of perfect credit, then credit cards with miles or cash back rewards will be easy to apply credit cards. You are bound to find good credit cards to apply for without any effort. The only problem is, you will be plied with the credit card deals.
Identify your primary goal.
How to apply for a credit card online if you are planning a major purchase? Look at the cards with lower or no interest rates. Low introductory rates vary, so compare credit cards before you apply. If you are here for rewards, then look for the credit card applications for cards that allow to earn rewards. Such cards will be the best choice for you. For those who are carrying a balance or have debt, it will be wise to apply for a card with a balance transfer feature. And if you have less than perfect credit, then get a credit card that will help you build your credit history. Such cards are tailored to the needs of people with bad credit and easy to apply.
Calculate your costs.
Credit cards tend to impose fees on unsuspecting customers. Be extremely cautious about that and calculate expenses before filling out credit card application online. For example, rewards credit cards often have annual fees that may eat your rewards. Credit cards for bad credit history often have high APR and fees that may add up if you are prone to carrying the balance. All in all, you need to read terms and conditions carefully before proceeding to credit card application. There are no easy credit card deals. Calculate how much your card is going to cost you, especially if you need a credit card today, and only then stat the online application process.