How to choose a credit card

 ​Choosing the best credit card can be a daunting task. But do not be dismayed by the sheer number of options a person have today.Credit card companies have bent over backwards to compete for your business.

Although the field is not so level when it come down to different offers: you must remember to look for the perfect fit for you. Since we all have different credit needs. We must tackle this task with focused mind.

I first suggest checking your credit score. You can do this yourself or you can allow a company to to it for you.There are a lot of companies that do it for free.Also they will give you a 
​free credit score & credit monitoring. Like i said the competition to please the consumer is immense .

Follow these four steps to find the best credit card for you.

1. Check your credit to Find out what credit card offers you might be eligible for by checking your credit score. The better your score, the greater your chance of being approved for cards with better perks. Among ways to check your score:

• Credit Sesame offers free access to credit scores.
• Many credit card issuers give cardholders free FICO scores.
• The three major credit bureaus (Experian, Equifax and TransUnion) sell credit scores.

If the number isn’t what you expected, check your credit reports to see what’s causing the problem. You can then start figuring out ways to improve it, from changing your spending habits to disputing an error on your reports, if you need to. Federal law entitles you to one free copy of your credit report from each of the three major bureaus every 12 months. Get your free reports at AnnualCreditReport.com, a federally authorized site.

2. Identify which type of credit card you need.There are three general types of credit cards:

1. Cards that help you improve your credit when it’s limited or damaged.
2. Cards that save you money on interest.
3. Cards that earn rewards

IF YOU WANT TO BUILD OR REBUILD CREDIT: STUDENT OR SECURED CREDIT CARDS, unsecured cards meant for college students who are new to credit, are easier to qualify for than other types of credit cards. So are secured credit cards, which generally require a security deposit of $200 or more. Your deposit is returned to you when the account is upgraded or closed in good standing.


IF YOU WANT TO SAVE ON INTEREST: LOW-INTEREST, 0% APR OR BALANCE TRANSFER CARDA card with an introductory 0% APR and ongoing low interest could be a good match for you.

IF YOU WANT TO EARN REWARDS: REWARDS, TRAVEL OR CASH BACK A rewards credit card is a good match for you if you pay off your balance in full every month .


Federal law entitles you to one free copy of your credit report from each of the three major bureaus every 12 months. Get your free reports at AnnualCreditReport.com, a federally authorized site.

IF YOU WANT TO BUILD OR REBUILD CREDIT: STUDENT OR SECURED CREDIT CARD Student credit cards, unsecured cards meant for college students who are new to credit, are easier to qualify for than other types of credit cards.
So are secured credit cards, which generally require a security deposit of $200 or more. Your deposit is returned to you when the account is upgraded or closed in good standing.
IF YOU WANT TO SAVE ON INTEREST: LOW-INTEREST, 0% APR OR BALANCE TRANSFER CARD
A card with an introductory 0% APR and ongoing low interest could be a good match for you.

No single credit card is better than all others in all categories — or for all people. But by understanding your options and asking the right questions, you can find the card that’s the best fit for your spending habits and credit situation