ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

How to Find the Best Credit Cards

Updated on January 4, 2012
Source


Do you love shopping? A credit card can be the best way for you to track and spend your money wisely. Credit card companies now offer reward points, management features, travel insurance and a litany of other benefits. With crime and fraudulent activities on the rise using a credit card can be a very wise decision. In case your card is stolen and purchases are made unknown to you, it is possible to dispute these charges and pay only for what you have spent.

There are many banks and financial institutions now offering credit cards. It is hence important to research, study and compare the benefits offered before opting for a card for yourself or your family.

Before you begin to look for a credit card for yourself run a check on your current credit rating. Credit cards are offered based on your credit worthiness. If you are in a lot of debts or find paying your dues on time hard, you will need to choose a card that offers a low rate of interest to avoid adding to a mountain of debts. However on the contrary if you are someone who pays off your dues month on month you may wish to choose a card with no fees and more reward benefits. While choosing a card introspect on the kind of rewards being offered and if they fit your needs. You may choose between air miles, cash back, gas cards and various other luxury benefits.

Give a glance at the many promotional offers that you receive on your email, mobile and post. Research well and choose a card that seems best tailored to your needs. You do not want to end up opening and closing a card that you are not happy with and in turn hit your credit score. Think of your card as a long time asset and choose wisely.

Once you have decided what kind of options you wish to carry in your wallet, you may use the internet to compare cards issued by various companies. If you still feel you have questions unanswered you can speak to a financial consultant who can help you make your choice.

If you own multiple cards, and wish to have another make sure you opt for a card that offers balance transfer. This will enable you to manage your finances well and take advantage of the best interest rate provided among your cards.

Standard credit cards are the most commonly used cards and has a revolving balance and an interest rate that is applied when you cross the grace period. The grace period is generally the same with most cards however there are few cards that do offer a longer grace.

Those who do not have a good credit rating do not have to fret as there are financial institutions that do offer cards to those who fall under this category. However a better option would be to use a card that is linked to your savings account and lets you spend just as much as you have in your account. This limits you from over spending.

With a number of competitors in the market, the cash back, rewards and other benefits that come with the cards are attractive. Make a wise choice by comparing the benefits and if they suit you before you sign up.

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)