There are more than one billion credit cards in use in the USA alone and it is quite probable that many of these card holders believe they found the best credit card deal... and it could be they have.. for their own personal requirements. But everyone has different needs and the best credit card offer for one person may not be the best offer for another.
Your credit card deal can only be regarded as the best if it works for you, personally. So, if a credit card fits your lifestyle in such a way that it offers you the maximum benefits, then that is more than likely the best credit card deal you will find. The most important word for you to consider here is the word ?your? as in ?your lifestyle?. The lifestyle of each individual differs in many ways, and it is important that you choose the best credit card offer to suit your own personal lifestyle needs, which may be completely different from those of your friends and/or colleagues.
There are hundreds of differing types of credit cards on offer by the many card suppliers who are generally made up of banks, building societies and lending institutions across the world, and if you are to find the best credit card deal to suit your own personal needs, take the time to do your research well. Your first decision will be about which type of card will best suit your lifestyle. Next, you should access one of the many online comparison charts to help you to decide which card issuer is making the best credit card offers, the ones which you personally find most appealing.
There are many questions you should ask when searching for your best credit card deal and here are ten of the most important ones.
1/. Are any introductory rates on offer with this card? What are they and how long will they last?
2/. After the introductory rate period elapses, what will the new rate be?
3/. Are there any processing fees connected to my application?
4/. Is there an annual fee with this card, and if so how much will I be paying?
5/. Will I be expected to pay any late fees or over-the-limit fees?
6/. Are there other fees charged, like balance-transfer fees or account termination fees?
7/. When and how is a variable rate altered? Will I get prior notice?
8/. Will the card company inform me if I am close to going over my limit?
9/. What is the card issuer's policy if I have trouble paying my bill?
10/ Am I able to access my credit card account online?
So, as you can well imagine, lifestyles, needs and credit scores all differ from individual to individual (which is exactly the reason why credit card issuers offer such a wide variety of credit cards). For your own part it is simply a matter of evaluating your own personal needs. For instance, if you travel a lot by air, either for work or pleasure, a card which offers you good rewards/rebates/benefits on travel could easily be considered your best credit card deal. However, sometimes the airlines themselves will have their own credit card issuing company, and it would pay you to find out about their best credit card offer. For those people who regularly shop at a specific retail store, their best credit card deal would probably be one that offers discounts, rebates and rewards on shopping purchases. Again, the retail stores themselves may have credit cards on offer that could benefit you. Then there are some credit cards that are linked to gasoline stores or large grocery or electrical chains. Now, if you do not have any specific needs, you might apply for a general purpose credit card that will typically offer reward points on every purchase you make on your card. These reward points can then be redeemed for cash or gifts. A general purpose card would likely provide the best credit card offer for those people with no particular requirements.
So, when you are studying the online credit card comparison charts, check out the answers to the above questions for each credit card. You will need to be totally happy with the answers you get from each of the questions so that then, and only then, can you consider yourself to have found the best credit card deal on the Internet! Remember also that your application progress will rely heavily on your credit score, salary and possibly value of collateral. In trying to secure the best credit card offer, don't apply for a credit card that you are unlikely to qualify for. A Card Finder Report will establish which credit cards you are most likely to qualify for and may well save you a great deal of time in the process.
So, in summary, phrases like 'best credit card deal' or 'best credit card offer' should be regarded simply as relative terms as there are no specific credit card offers which will be equally good for all individuals.
Trevor Taylor
