Best Credit Cards
Choosing the best credit cards to meet your personal credit needs is an important step to take. Credit cards are the best for short-term credit borrowing, and if you choose the best credit cards wisely, you won't be struggling with unmanageable cards payments either. But how do you go about choosing the best cards for your circumstances?
Making a decision about the best cards to carry
Deciding on the best cards to carry in your wallet or purse should not be left to chance. The best decision is to shop around for credit cards instead of plumping for the first credit offers that hit your doormat, as these credit offers are unlikely to be the best for you. Your starting point when looking for the best cards should be an evaluation of how you best intend to use your credit cards, as the best credit cards for you will vary with personal circumstances. For instance, if you want to use your credit cards as a convenient replacement for cash / debit cards when shopping, and your best intention is to pay off your credit balance every month, then the best cards are those that offer the best / longest interest-free period on purchases, and are available without an annual fee. On the other hand, if you are making a large purchase where the best part of your credit balance is to be carried over for several months then credit cards with a high personal limit and low APR rate are going to be the best.
Many people choose to carry several credit cards so they can move their debt around to the best of their ability without incurring substantial interest payments. The best cards for this purpose are those that provide 0% interest on balance transfers. The best credit companies will offer this for a limited introductory period, after which they will begin charging interest on the balance. The best way to further extend interest-free credit for a card debt is to open new credit cards that offer 0% on balance transfers when the introductory offer on your best credit cards expire.
Best credit cards - additional benefits
Aside from low interest rates, special balance transfer deals and the best personal credit limits, the best credit cards companies also provide a plethora of add-on services designed to be the best and attract us to sign up. Badged credit cards supporting a charity or prestige credit cards that provide discounted membership to associations such as vehicle breakdown services are popular, although they may not be the best cards for your circumstances. Many of the best credit companies also offer the best low-cost payment protection cover on their cards, so best protecting you in the event that the minimum payment cannot be met because of redundancy or ill health. Some of the best cards also allow you to service your credit cards account online.
Best Credit Cards: Be Ready To Be Spoiled
Depending upon the credit worthiness, and the repayment ability, as also the character of the individual, a user can either get basic credit cards or the high value cards, which are also known as Best credit cards. The basic deciding criteria in providing best credit cards are the income of the individual. An individual may be provided with the basic credit card which would have very low credit limit and the credit period also of a lesser duration. Besides, the interest on outstanding amount, if the amount is not paid in full, would also be large. The up gradation in cards starting from silver to gold to platinum to titanium is walk through commonly available metals to more exclusive ones, the metals defining the value of the best credit cards. Best credit cards in business are platinum and titanium credit cards and they come loaded with benefits.
First and foremost benefit that accrues if one gets amongst one of the best credit cards on offer is the reward points that one accumulates from the usage of the cards. Depending upon the nature of the credit cards, the reward points also increase in the same proportion. If one has got the best credit cards available, then first and foremost advantage that one gets is of the longer period of credit, which can be extended to around fifty days as well. Period of fifty days on the best credit cards can be enjoyed if the purchase is timed around the statement due date or just one day before the statement of the credit card is to be generated. The cards are categorized into the best credit cards owing to certain tie-ups that the credit card providers enter into with merchant establishments.
These kinds of best credit cards are called as co-branded credit cards. The most popular category amongst the best credit cards of these kinds is the fuel cards, where the credit card company enters into a tie-up with a petroleum company. For every refueling that is done using this co-branded credit cards bonus points are accumulated which can be redeemed either by way of purchasing fuel or accessories. Another form of best credit cards on offer is the co-branded airlines card, which have come into vogue to cater to the frequent travelers traveling for business purposes.
As these kinds of trips are increasing, the credit cards have tie-up with various airlines. Now if one books a ticket through a co-branded airline credit card, apart from getting bonus flying miles, you also get free tickets and free hotel accommodations as well. The airlines also provide bonus flying miles, if the passengers check-in using the telephones. For a frequent flier, there is always a possibility of getting two-three return tickets free as a reward for booking tickets through credit cards.
Another variant of best credit cards that have come into vogue on account of advent of malls is the co-branded shopping cards. These variant of best credit cards are issued by the owners of the shopping establishments in association with a bank, which gives certain intangible benefits to the customers. Every time a best credit card which is a co-branded card is used at that particular departmental store, you get more bonus points, as also freebies are ensured along with certain purchases to reward loyalty.
To develop brand loyalty another new trend has come into vogue. The owners of different forms of best credit cards are also rewarded by various ways. This is done by extending an exclusive offer to shop during the times of sales before the sale is thrown open to the general public.
Best Credit Card Balance Transfer Rate: It Pays To Shop Around
Smart shopping for 0% APR credit cards can save consumers hundreds of dollars in interest charges. Many consumers do not think to shop around for credit cards. However, with 60 percent of grocery store purchases being made with credit cards, the decision as to which card the consumer uses can have an impact on how much is paid in interest. One way you can save money in interest charges is to shop around for a 0% APR credit card to transfer existing balances to. The concept of shopping for the best interest rates is not new for purchases such as homes and cars, but so few consumers stop to think about shopping around for the best credit card deal.
0% APR credit cards save consumers money
It is possible for you to save hundreds of dollars a year by transferring balances to a 0% APR credit card. Here is how it works: A consumer applies for a new credit card with a special introductory interest rate of 0% APR for balance transfers. After gaining approval, the consumer transfers the balance of his or her credit cards to the new card. Some companies may waive the balance transfer fee, but a standard fee is usually a small percentage of the transferred balance. Whether the old card has a low 8.9% APR, or whether it has a higher 15.9% APR, the potential savings are well worth the transfer. For the entire introductory period (usually 6 to 12 months) it is possible for consumers to avoid paying interest on their credit card debt.
Sorting through 0% APR credit card deals
Some web sites provide you with an objective way to look at credit card offers. It is even possible to use a calculator to figure out how much you can save by transferring balances to a 0% APR credit card. Consumers receive the information they need to help them decide on the credit card balance transfer offer that works best for them. Objective side-by-side comparisons allow a more complete picture of available credit cards. When you find a card that you like, it is also possible to apply for that card instantly from the web site. Helpful links to the credit card companies allow you to receive instant approval on their credit cards.
A word of caution
A 0% APR credit card balance transfer is a financial tool that can greatly benefit consumers. However, as with all financial tools, it is important to use it wisely. Consumers should be aware that failure to pay at least the minimum payment on time can result in an immediate end to the introductory period. Many credit cards, however, provide an automatic debit system or an online bill pay option. This can help consumers set up automatic payments that ensure that there are no late payments.
Shopping around for the best bargain is a way of life for many. Applying that rule to credit card applications can mean that you get to keep more of your hard earned cash.
Best Credit Card Deals
No matter where you search on the Internet today there are several advertisements for the best credit card deals. Some that offer low interest rates while others offer no payments for a year.
With so many credit cards available the best credit card deals are usually the ones that are offering incentives as well such as reward points, or air miles, anything of that nature.
However with the best credit cards available in such abundance it is actually rather hard to choose which one to go with. The best credit card values depend solely on what the credit card company has to offer so basically read the terms and the agreements and you should be able to come up with the best credit card deals.
If you own a company or a small business then obviously the best credit card deals for you would be those referenced for business. And these can be found simply by doing a search on the Internet. A note to the wise however, some of the best credit card deals have a catch so read up on them thoroughly.
Although, some of the best credit card deals actually come to your mailbox, offering different types secured, unsecured, or prepaid. In any case the best credit card deals are out there, you don’t even have to look very hard for them.
In fact, another way to find out about the best credit card deals is through your email address, quite often credit card companies will send offers via the email account that you have placed on one advertising site or another.
If you aren’t sure which credit card company has the best credit card deals then do a little research on the background of the company, compare different credit cards, believe me they are in abundance and used a lot today.
In all reality, the best credit card deals are those with low interest rates or fixed interest rates, those that offer points or cash back when you use the credit card, or those that are offered with minimal fees and requirements.
Nine times out of ten you will find the best credit card deals on the Internet through a search of some kind, whether you look up the actual name of a credit card provider or simply search unsecured or secured. Whatever your preference may be, the best credit cards will be listed among the results, however as previously stated, compare a few of the results to actually find the best credit card deal that suits your finances and your needs.
In most cases some of the best credit card deals even offer two credit cards one for you and one for you domestic partner, whichever the case may be.
Ultimately, the best credit card deals are out there just waiting for people to sign up for them. After the initial application is done, then if you are approved for whichever type of the best credit card deal you could find, then you should receive your credit card and after activation you will be using the plastic in no time.
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