With so many different credit card options, it can be hard to determine which one is best to suit your specific needs. First, you need to decide which factor is most important to you. Do you travel often and need a card that can keep up with you? Or, do you value getting cash-back at the stores you frequent most often? We’ve created a simple breakdown of what cards may interest you depending on what credit card features you value most:
One card with an excellent cash back program is Chase Freedom®. It offers unlimited 1% cash back on every purchase, as well as offers 5% cash back in specific categories, and additional categories opening up every three months you hold the card. Additionally, you can earn a $100 bonus after you spend $500 within your first three months of opening the card. The rewards you earn with this card do not expire so long as your account is open.
Are you constantly traveling and need a credit card that will accommodate your needs no matter where you are? Look into opening a Capital One® Venture® Rewards Credit Card. There are no foreign transaction fees and a free credit tracker that allows you to see your monthly credit score at anytime, as well as sending you automatic alerts. This card awards you with unlimited 2x miles per every dollar you spend. Additionally, if you spend $3,000 within your first three months of opening the card, you will be awarded 40,000 miles.
If you want instant rewards, consider the benefits of Discover it®. You will receive double all the cash back you’ve earned at the end of your first year automatically just for opening up a new card. You can earn 5% cash back in categories that change each quarter up to the quarter max, and 1% after this maximum is reached. This card also offers free FICO® Credit Score, as well as no annual fees or overlimit fees.
BankAmericard® Credit Card is a great credit card choice if you top priority is a low interest rate. This card offers over 1 year of 0% interest as well as a low ongoing APR. The card has no annual fees, and is an ideal card for those seeking something simple and convenient. Of course, this is just a brief summary of options available to you. If you are looking for a more deep, side-by-side analysis of these cards, visit: http://www.nerdwallet.com/the-best-credit-cards.