| What is the best credit card? Is it an elusive fairy tale | | | | even let you double dip. |
| that doesn't exist or is it a tangible item that you could | | | | What does this mean? Certain credit cards not only |
| one day obtain? | | | | offer you miles for the purchases you make, but also |
| Believe it or not, the best credit card is indeed out | | | | allow you extra points for each dollar spent, which can |
| there, but one person's best credit card is another | | | | be used for room upgrades at hotels and other travel |
| man's nightmare. | | | | perks. |
| Here are seven questions to help you find the best | | | | 5. Do You Believe in Charity? |
| credit card for you. | | | | If you like contributing to charities, you might be |
| 1. Do You Hate a Balance? | | | | surprised to find out that there's a credit card out there |
| If you pay your balance off in full each month and you | | | | specifically for you. While some cards offer rewards, |
| can't stand the thought of accruing interest, a rewards | | | | others will donate 1 to 2 percent of the amounts you |
| credit card is probably the best credit card for you. | | | | charge to a specified charity. |
| After all, you don't pay interest anyway so a | | | | While these cards also have higher interest rates than |
| low-interest credit card isn't going to do you any good. | | | | the low-interest credit cards, if you pay your balances |
| You may as well be rewarded for your good spending | | | | in full each month they are a great way to do some |
| habits and take advantage of the perks that rewards | | | | good without spending anything out of your pocket, |
| cards have to offer. | | | | making them the best credit card for you. |
| 2. Do You Have High Debt? | | | | 6. How's Your Credit? |
| If you carry large amounts of debt on your credit | | | | If your credit has taken some significant hits lately, a |
| cards, a low interest credit card will be the best credit | | | | secured card may be the best credit card for you. |
| card for you. Rather than paying more for rewards | | | | While a secured credit card does require a security |
| (that don't pay for themselves, no matter what they tell | | | | deposit (acting as a savings account for you), it is a |
| you) you will pay much less in interest and will be able | | | | great way to rebuild your credit history and improve |
| to get your balances paid of faster. | | | | your creditworthiness in the eyes of lenders. |
| 3. Are You Planning To Make a Large Purchase? | | | | 7. Are You All About Appearances? |
| Need to buy a stove, fridge, television or other | | | | Are you the type of person who really doesn't care |
| big-ticket item? Then consider getting a credit card | | | | about interest rates, but you definitely want perks and |
| with a low introductory APR. If you only need six | | | | you want to be recognized as the upper-class, |
| months to pay off a large purchase, a credit card | | | | respectable individual you are? |
| offering an intro APR of 0-percent for six months is | | | | Then a carte blanch card (such as Diners Club and |
| the best credit card for you. | | | | American Express) is the best credit card for you. |
| 4. Do You Travel Frequently? | | | | As you can see, the best credit card for one person |
| Are you a jet-setter? Do you like to travel the world? | | | | isn't necessarily the best credit card for everyone. |
| If so, the best credit card for you would be a travel | | | | After you have answered the above questions, look |
| rewards card. In fact, some travel rewards cards | | | | for an offer that matches the best credit card for you. |