You’re looking for a new credit card but with the market saturated with different deals which one should you choose? To answer this question you first need to look at what each card is offering. Are you looking for a card with the lowest interest rate or do want a card that offers you perks such as cash back? Knowing exactly what you want will help you to narrow down your options and then more accurately assess the best deal for you.
Sometimes though it’s the credit card that chooses you based on your credit rating. If you’ve got a chequered credit history then you aren’t going to be offered a credit card like the Citi Platinum Select Card. In addition to your credit history a bank will also consider your repayment history, how long you’ve had certain cards and the ratio between your income and your credit. Making sure you keep your credit history clean is crucial f you want to be offered the very best deals from your bank. Indeed, more exclusive cards mean lower interest rates, better customer service greater rewards and better cash back bonuses. If you have an excellent credit score (750 and above) then how do the top three credit cards stack up?
Discover More (SM) Card
Intro APR: 0%
Regular APR: 11.99% – 18.99%
Annual Fee: None
Intro Period: 6 Months
Balance Transfer: Yes
Unlimited cash rewards, automatically
Up to 20% Cash back Bonus when you shop online
Double rewards with more than 100 Cash back Bonus Partners
Customer Service in less than a minute, anytime you want
0% Intro APR for 6 months on Purchases, and up to 6 months on Balance Transfers
Citi Platinum Select Card
Intro APR: 0%
Regular APR: As Low As 11.99% (V)
Annual Fee: None
Intro Period: 6 Months
Balance Transfer: Yes
0% APR on balance transfers and purchases for 6 months
No annual fee
Citi Identity Theft Solutions and $0 Liability on unauthorized purchases
Citi Forward (SM) Card
Intro APR: 0%
Regular APR: 14.24% (V)
Annual Fee: None
Intro Period: 6 Months
Balance Transfer: Yes
Up to a 2% purchase APR reduction when you make a purchase, stay under your credit line and pay on time 3 billing periods in a row.
6,000 bonus points after $50 in purchases are made within 3 months of account opening.
5,000 bonus points when you sign up for paperless statements within 3 months of account opening.
5 reward points for every $1 you spend on dining, books, movies and music. 1 reward point for every $1 you spend on other purchases.
0% APR for 6 months on purchases and balance transfer
Related Content:
- How to Get a Credit Card to Rebuild Your Credit Score If You Have Bad Credit If you've made some mistakes with your credit score in the past and want to start building your credit again, you're going to have to find a way to get a credit card or another...
- Understanding how interest is calculated on credit cards Whether you're comparing credit cards interest rates or just want to figure out how much your credit card debt is costing you, it's important to understand how the interest you are being charged is calculated....
- Learning About Hidden Credit Card Charges It is very tempting to get an offer for a new credit card with a low interest rate, but make sure to read the fine print on the application or you could find they are...
- 5 Credit Cards That Will Save You Money On Holiday Purchases This article comes from DR at The Dough Roller, a blog about money management. With the holiday buying frenzy in full progress, there is no better time than the present for some money saving strategies....
- Credit Cards That Pay You For Carrying A Balance. This is NOT a good idea and you really shouldn't be carrying a balance at all, but these credit card companies sure do figure out ways to make more money off of you. From SmartMoney...
Recent Comments