Thinking about a new credit card
Once a person has decided to apply for a credit card, the hunt is on for which ones of the dozens of credit cards best fit the needs of the consumer.
My personal favorite credit cards are the Discover cards. I absolutely LOVE the cash back bonus. I spend enough money every month so that the cash back really adds up fast. There are several Discover cards to choose from. The Discover Motiva card is geared towards rewarding consumers when they purchase online at Discover’s own online shopping mall website. The Discover More card lets their customers sign up for periodic bonus cash back programs where they get 5% cash back for special types of purchases for a season or two.
The only disadvantage that I’ve had with the Discover card is that sometimes a company does not accept Discover Card. That is why I also have VISA and Mastercards.
Some of those VISA and MasterCards are Chase Bank cards. There are several good programs through Chase that make their rewards just as good (or almost as good) as my Discover card. The Chase Freedom card, for example, gives great cash back bonuses, and those bonuses are almost identical to the Discover card that I use the most. The biggest reason that I use my Discover card more than the Chase card is the fact that my credit limit is higher on my Discover card! Seriously, that is the only reason!
The Blueprint feature that Chase offers on their Chase Slate card is a great convenience to the shoppers that want to customize how much they pay down on what purchase that they made. I can see where that would be a great help to a lot of people who are juggling their expenditures around. For people who like to travel and rack up frequent flyer points, Chase Sapphire can’t be beat. The points never expire and there are no blackout dates. Chase even has a rewards card for their business customers called Chase Ink Cash. Even that card is a rewards card, giving cash back bonuses to their business customers!
Although not a rewards card, the Iberia VISA card is a good choice for people who need to carry a balance on their card. Iberia charges the lowest interest rate on the market!
For people who want to transfer a balance, one of the lowest price balance-transfer cards on the market right now is Capital One Platinum Prestige card. What’s especially nice about this card is that you also get 24 hour travel emergency assistance if you lose your card!
With airlines charging people for their luggage nowadays, the frequent flyer can’t go wrong with the Continental One Pass Plus Card. In addition to getting flyer miles, the customer gets their first checked bag for free. With the airlines charging so much money for checking luggage, that adds up fast!
Rebuilding poor credit is easier to do with the relatively lesser-known Orchard VISA and MasterCard. This card is designed to help people rebuild their bad credit. Their interest rates are actually a lot lower than one would expect, and they report to all three of the major credit companies. This would be a good company to apply for a card if you’ve had some financial troubles in the past that hurt your credit rating.