With over a billion credit cards circulating out there in the United States, there’s probably a good chance that you have a credit card in your wallet. So, what happens if you’re looking for a new one, or maybe you want to get one that gives you rewards?

If your card isn’t rewarding you, it’s time to get a new card, and I wanted to show you how you can find the best card that is going to work for you. By following these steps, you should be able to get on the right path to finding the best credit card.

#1 Get the most rewards – Find a card that is going to give you the most rewards, in the category that you spend the most money in. For example, let’s say that you spend a lot of money on clothes each month. Get a card that will give you bonuses on this category.

#2 Get a nice rebate back – Compare a few cards, before you sign up for one. Find one that is going to give you the most back on your card. For example, I signed up for a gas card back in the day, and found that one gave me 3% back, while the other gave me 5%. Which one would you choose?

#3 Read the fine print – The reward cards are notorious for duping you with your intro rates. Make sure you read the introductory rates to see how long your rates will last, as well as what you will get afterwards.

#4 Read reviews – Look online to see what other people think about the card. You don’t want to apply for a card that isn’t going to work for you. The best way is to simply trust your gut. This is the best way to go on average.

#5 Pay off in full – Always pay your card off in full. When you do this, you’re going to find that you can get a free loan in a way. You won’t have to pay interest, nor will you have to worry about those 20%+ interest rates.

There are a lot of cards out there. What you’re going to want to make sure is that you find a card that works for you. If you compare at least 2-5 cards, you will find that one will work great for your wallet!

This entry was posted on Wednesday, October 20th, 2010 at 12:54 pm and is filed under Credit Card, Rewards Card. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.