Let FindTheBest Help You Choose The Best Credit Card

SANTA BARBARA, Calif., Nov. 4, 2011 /PRNewswire/ -- There are many things to consider before getting a credit card—credit history, card purpose, card type, annual fee, rewards type, network, and issuer.  With hundreds of options to choose from, selecting the best credit card for your needs can be overwhelming.

FindTheBest's guide to choosing credit cards is a great place to start when searching for a credit card.  The guide offers information that can help users make the most informed decisions when looking for the right card.  FindTheBest also provides a popular Q&A for credit cards section that can help answer broad credit card questions, like, "Which credit card has the lowest ongoing purchase APR" or "Which credit card has the longest Grace period."

When comparing credit cards, there are several factors to take into consideration. The first thing to consider is the card type.  There are four main options: Charge cards, purchase APR cards, balance transfer cards, and reward cards.  Next, filter your options to cards that are compatible with your credit history.  If you have a poor credit history, you will be limited in the types of cards you can apply for.  Another important factor to take into consideration is the card's purpose.  Are you a student who needs a credit card for personal use or a business who will be spending at least $250,000 annually?  If you'll be spending above a certain amount each month, it's important to look into a card that offers rewards.  Many cards offer cash-back, miles or points per dollar spent.  Some cards even reward their customers based on their purchases.  Card issuers like American Express, Discover and Capital One offer rewards cards that give points or cash-back for 'healthy' purchases—including fitness and spa-related purchases.

After narrowing down the choices, consumers can compare up to 10 different credit cards.  Specific product descriptions, such as the Visa Business Card or the Capital One Platinum Card, offer charts that show how the products compare to the average. If you're ready to apply for a particular card after doing your research, the "Apply" link will redirect you to the card's website.

Next time you're in the market for a new credit card, visit FindTheBest's Credit Card comparison.

SOURCE FindTheBest