{"id":620,"date":"2013-03-31T11:29:17","date_gmt":"2013-03-31T11:29:17","guid":{"rendered":"http:\/\/www.dontspendmore.com\/blog\/?p=620"},"modified":"2013-03-31T11:29:17","modified_gmt":"2013-03-31T11:29:17","slug":"help-me-find-a-credit-card","status":"publish","type":"post","link":"http:\/\/www.dontspendmore.com\/blog\/index.php\/help-me-find-a-credit-card\/","title":{"rendered":"Help Me Find A Credit Card!"},"content":{"rendered":"

By David<\/p>\n

With so many options available it can be a challenge to figure out what kind of credit card is best for you. Still, if we take a closer look at the different types of cards and how they work we should be able to help you find a credit card<\/b> that is right for you.<\/p>\n

Click here to compare 0% APR credit card offers and save. Free comparison tools.<\/a><\/p>\n

Types of cards<\/b><\/p>\n

There are several different types of cards to choose from with different features and drawbacks. To help you find a credit card <\/b>you will want to start by choosing one of these.<\/p>\n

1)\u00a0\u00a0\u00a0\u00a0\u00a0 Prepaid Cards<\/span> \u2013 a prepaid credit card is similar to a gift card except that you can use it anywhere that type of credit card is accepted. These types of cards are great for children just learning to use a credit card, or for making online purchases without risking all the money in your bank account.<\/p>\n

2)\u00a0\u00a0\u00a0\u00a0\u00a0 Low-Interest Cards<\/span> \u2013 Low interest credit cards typically have an APR of about 10.4% making them a great option for balance transfers from higher interest cards, or for using as an emergency card for things that will take a while to get paid off.<\/p>\n

3)\u00a0\u00a0\u00a0\u00a0\u00a0 Rewards Cards<\/span> \u2013 These type of cards typically have and APR around 15% but offer you rewards that make their use more enticing. These are best for short term borrowing for things you generally buy on a regular basis so that you can take advantage of the rewards while avoiding the higher APR by paying purchases off within the \u201cgrace period.\u201d<\/p>\n

4)\u00a0\u00a0\u00a0\u00a0\u00a0 Bad Credit Cards<\/span> \u2013 These are typically high APR cards with low credit limits, intended as a means for those with bad credit to carefully rebuild it.<\/p>\n

Other Considerations<\/b><\/p>\n

Once you\u2019ve decided on the type of credit card, you\u2019ll want to look at some of the specifics of the cards in order to help you find a credit card<\/b>.<\/p>\n

1)\u00a0\u00a0\u00a0\u00a0\u00a0 Annual Fee<\/span> \u2013 Though these are dropping out of common use some cards still have a yearly fee just for possessing the card. Unless the card comes with rewards or an APR worth the fee, try to find one without.<\/p>\n

2)\u00a0\u00a0\u00a0\u00a0\u00a0 Interest Rate<\/span> \u2013 This is probably the most important factor to consider. The lower the interest rate the less interest you\u2019ll pay on long term purchases. Many cards will offer a lower introductory APR for the first few months. These are nice, but make sure you know what your APR will be after that so you\u2019re not tricked into getting a card with an unreasonably high rate.<\/p>\n

3)\u00a0\u00a0\u00a0\u00a0\u00a0 Rewards Programs<\/span> \u2013 if you\u2019re going with a rewards card make sure the card is offering the type of reward that you want. While frequent flyer miles may be a great reward for some, it\u2019s not so enticing for those who never fly.<\/p>\n

Get your card<\/b><\/p>\n

Once you\u2019ve decided on a type of card and found one with the perks you like and rates and fees you\u2019re comfortable with, just apply and wait for their response.<\/p>\n

Click here to compare 0% APR credit card offers and save. Free comparison tools.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By David With so many options available it can be a challenge to figure out what kind of credit card is best for you. Still, if we take a closer look at the different types of cards and how they work we should be able to help you find a credit card that is right […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-620","post","type-post","status-publish","format-standard","hentry","category-credit-cards"],"_links":{"self":[{"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=620"}],"version-history":[{"count":1,"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/620\/revisions"}],"predecessor-version":[{"id":621,"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/620\/revisions\/621"}],"wp:attachment":[{"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=620"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.dontspendmore.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}