With hundreds of credit card offers on the market to choose from, it can be difficult to choose the right one for your needs. Therefore, we have hand selected the best credit cards that are highly rated by our editor for those who have fair, good or excellent credit. Choose the one that fits you best and apply online today. If you have bad credit and need a credit card, please go to: Credit Cards for Bad Credit.
How to Choose the Best Credit Card
The best credit card for you will be the one that offers the most favorable terms for your particular financial situation. When you’ve got excellent credit, good credit or even fair credit, you have some good options.
People who are paying a high rate of interest on their current credit cards might choose a balance transfer card with a 0 percent introductory rate. This rate is usually good for anywhere from six to 18 months. You’ll pay a fee for the balance transfer, but you can more than make up for that cost in savings on interest, especially if you pay off the card before the introductory period ends.
Rewards credits cards are attractive if you like to get a little extra back on the purchases that you make with that card. Whether you want to accrue airline miles, earn reward points to spend on other purchases, or earn cash back on each credit card transactions, the best rewards cards can help you achieve your goals.
The best credit cards often provide other perks, such as allowing you to select the monthly payment due date or offering extended warranty service on items you buy with your card. They also provide great customer service, with online 24/7 access to your account.
When you’re choosing the best credit card for your particular situation, be sure to check if there is an annual fee. You’ll also want to look at the range of the APR you’ll pay. People with excellent credit are likely to qualify for the lowest rate and those with only fair credit for the higher rates. Those with good credit will get rates that are somewhere in between.