What is the most important thing you consider when searching for a credit card?

I don't deal too much with credit cards now, because of some credit issues I had after I lost my job. Before when I did have a good credit score and lots of cards, there were a few different things that made me like some better. 1. APR - These ranged on my cards from 9.9% to 22.9% on average when a special wasn't going on.

If I bought something that I knew would take a bit to pay off, of course I'd use the one with the lowest percentage. 2. Credit card rewards - I love rewards and if I knew I would be paying the card off before APR applied, I would use the one with the best rewards.

American Express was my favorite. One year I received 1,600.00 worth of Toys r US gift cards for my son.It was awesome! It was nice because it didn't have a limit and some months with my store, I would order over 5,000 dollars worth of merchandise.

I also had Concierge services with American Express. Whatever I wanted arrange or information I needed, I just called them up. I also had travel insurance that was included as well.

3. Benefits - What I mean by this is like a Sears card. I bought a refrigerator and washer and dryer using my Sears card.

I got free APR for 18 months and an extended warranty for free. I also got free delivery. So, things like that really do add up.

4. Reputation of the company - There are a few creditors I would never do business with again. However, I really don't want more than 2 or 3 cards ever again.

That's with very modest lines of credit.It's too easy to get over extended.

For me, there are many things to consider when searching for a credit card. First of all, ask yourself why you would need a credit card. Sometimes, you just feel that you also like to have a credit card because your friend has one or even more.

I already have asked myself about that, too but I feel everything can wait and I think I can buy them when I have the money. Besides, I'm not traveling abroad so there's no big reason for me to get one for now. So here are great tips for you: As I’ve said, ask yourself many times why you should get a credit card.

If you just want to build credit then you should use your card responsibly. Be sure you pay off the balance in full every month. Sometimes, you're just in a hurry to buy those on sale stuffs that you just don't have the money right now.It isn't the best reason why you should get a credit card.

Look at the interest rate offered to you. Don't be fooled by the promotional 0% interest. Credit card companies/banks may change it anytime or raise it.

Look for credit card that has lower than 15% interest. Look for a credit card with no annual fee. I also have thought of this as I don’t want to pay for what I don’t spend.

Consider the rewards offered. It is said that the best deals are on the cash back cards. Good payers enjoy it a lot.

€œLook at the penalties. It is important to understand the penalties and fees that are associated with your card. The bank can raise your interest rates for one late payment.

Additionally you will be charged a late fee. If you exceed your balance then you will be charge an overbalance fee and your interest rates will be raised as well. These interest rates can go as high as thirty percent.

Limit the Number of Cards You Have Ideally you should only have one or two credit cards total. This includes store credit cards. You do not need more than this.

It is too easy to find yourself completely overwhelmed with debt if you have more than one credit card. €.

Very interesting question. A few years ago, my answer to this question would have been the card with the highest credit limit available. Of course at that time, I was not taking into consideration the annual percentage rate or annual fees that were associated with those credit cards.

Today however, I would say that the while is high credit limit is important, I also think that having a low APR is even more important. A lower APR means that you won’t pay as much in finance charges for a card with a 2.99% rate compared with a card with 12.99% rate. Another factor I look at is balance transfer.

I look at how high the APR would be on balance transfers from other credit cards. Sometimes cards will offer you an APR on a balance transfer that is lower than the one on your credit card. In this scenario, a transfer would help you pay off the balance faster than you would be able to on your current credit card.

The most important factors of a credit card will vary depending on who you are and how you use your cards. Here are some of the key factors and how they would impact different people: 1. APR – If you tend to carry a balance on your credit card, getting a card with a low interest rate (APR) is critical and is probably the most important feature.2. Rewards – If you are diligent about paying off your balance every month, you should take a look at rewards cards.

Card rewards are typically either cash back, airline/hotel points or rewards points. I personally believe cash back cards offer the best rewards (see my answer here for why: credit-qna.com/best-deals-credit-card).3. Widely Accepted – Depending on where you live and where you shop, it may be important to get a card that is widely accepted.

Visa and MasterCard are the most widely accepted cards in the world.4. Other Benefits – Most cards offer a list of “lesser known� Perks – things like insurance on items purchased with the card or travel benefits.

It’s worth checking into these benefits as they can actually be quite useful at times.My American Express card offers a level of insurance that allows me to skip paying the insurance when I rent a car. It’s a nice perk and one I take advantage of. What I have found is that each person and each card is different.

Some cards offer better rewards, but aren’t as widely accepted. Some offer other nice perks. It’s often true that a single card won’t meet all your needs.

I have a mix of cards that I use depending on what I need at the time.

I always like to find the best combination of APR and credit limit. But the APR is the most important to me. I don't use a credit card often and when I do like to keep the purchase amount low so I can pay off my balance and not hav to even concern myself with the APR.

Having said that, I am on a fixed income, so sometimes I cannot afford to pay off my balance in full each month. So in that case, the APR is even more important to minimize the amount of my finance charges. When searching for credit cards, I have noticed that the ones that offer me a higher credit limit, give me a lower APR and those with the lower credit limit have a higher APR.

It depends on why you want it. If you're trying to establish credit so you can get good rates for a car loan or mortgage later, then here are the features of a card that will matter: 1) You want to generally avoid spending more than 30% of the credit limit. Thus, a card with a $500 credit limit will not really help you to establish good credit.2) Unless you travel a lot and will get enough "points" that you can turn into useful stuff that you would buy otherwise, avoid all cards with an annual fee.

For my parents, a card with a fee is useful just because of how much they travel and how much they spend/month. For me, such a thing would be a waste of money.3) If you intend to use the card for emergencies only (and you don't have an emergency fund - which you should save up for ASAP), make sure it has a high enough limit to accomodate any potential emergency. In that case, it's important to look for a card with a low interest rate, preferably fixed.

I have a card like that with a 7.9% fixed rate (similar to a home equity loan rate) that has a very high limit and that I use maybe once a year to buy gas (though I did once use it to buy a new driveway (the old one leaked into the house) for $11k after I moved into my house and had stupidly used up ALL my savings).

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.