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Best Credit Card Deal?
 Jul 26, 2004


Every credit card company claims to have the best credit card deal. Question is, is it the best credit card for you, or your business? This article will provide 3 simple steps to comparing credit card offers and choosing the best credit card deal for you.


There are many credit cards out there, and many of them are vying for your business. Even if you have less than perfect credit, you may notice that there are companies interested in you as a customer. Because there are credit cards competing for your business, you have the chance to pick among them. If you are careful, you can get the best credit card deal.

Here are three things you should do to get the best possible credit card deal:

1. Be honest with yourself.

The first thing you need to do is take a hard, honest look at yourself and your financial situation. Carefully consider your needs and your habits. In some cases, a card with a high credit limit is a bad idea. If you are likely to impulse shop and hit such a high limit, it is best to stick with a credit card with a lower limit. You should also look at whether now is the right time to get a credit card. Are you financially stable?

Also, know what you plan to use the card for. Will it mainly be set aside for emergencies? Or do you want to use it to gain points that you can use for travel or merchandise? Is the card going to be used for balance transfers as part of a debt reduction plan? You need to take a look at your situation and your needs, and make a plan for your credit card use.

2. Ask questions

The next thing you need to do is ask questions about the credit card. With the Internet, it is possible to go online and read the terms and conditions of most credit cards (as well as turn in an application). You should find out as much as you can about the credit card. If you need to, you can call the company to ask your questions. Many credit card companies now offer live chat, so that you can ask questions from your computer. If you do not understand something, or if something seems fishy, you should avoid that credit card. Here are some things to make sure you understand before you commit to a credit card:

  • Interest rate.
  • Fees.
  • Grace period.
  • Credit reporting policies.
  • How often the terms can change.
  • Rewards program details.

3. Ask if they have a better offer

Finally, if you want a better deal, you can ask for it. In many cases, customer service representatives are authorized to extend an introductory period or lower the current interest rate. You can also ask about a better rewards program or some other perk. If the card has an annual fee, you can ask the company to waive it. In many cases, the company will waive at least the first year's fee if you ask. Besides, the worst the company can do is tell you no.

You shouldn't settle for just anything. Instead, you should do your best to get the best possible credit card deal. After all, it is your money!



Related Article: Best Online Credit Card >>



* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.