I have recently found a great website for individuals to determine the best credit card for their own specific purposes. I used it to choose a travel rewards card for myself, and I want to share it with you.
If you are looking for a new credit card because your existing credit limits are maxed out, this is not the resource for you. You do not need a credit card – you need help managing your money. Before you apply for a card, please give me a call, and let’s work together to get you on the right financial path, because that’s what you really need. If you think you can’t afford financial therapy, consider how much money you will save in interest charges alone when you get control of your debts . (Can you afford not to do financial therapy?) If you want a credit card that your spouse or partner doesn’t know about, call me before you proceed. Resolving issues with your partner is a better way to handle the discord in your relationship than hiding financial transactions from them. Money management problems are rarely just about the dollars and cents – lifestyle choices, anxieties, and relationship dysfunctions all play a role in financial problems. It’s almost impossible to get the money on track without addressing the other issues that are involved – and credit cards are more likely to aggravate problems than solve them. If you have credit card debt, you just paid off credit card debt, you know you don’t manage credit well, or you’re trying to avoid dealing with your partner about money issues, STOP HERE. This recommendation is not for you.
If you do manage credit well and none of the situations described above are part of your life, and you are looking for a new credit card, this website created by US News & World Report may help you with your search: creditcards.usnews.com
This website addresses the following questions:
- What is My Credit Score?
- Do I Have an Existing Credit Card Balance?
- Are Rewards Right for Me?
- Am I Willing to Pay an Annual Fee?
- Will I Use the Cardholder Benefits?
- Do I Need a Credit Card for My Business?
- How Many Credit Cards Should I Own?
- The Best Credit Cards of 2017
The rewards, interest rates, and fees are thoroughly described, including “Best Features,” “Drawbacks,” and what type of credit score you need to be approved for each of a number of different credit cards. The featured credit cards offer cash back rewards or travel rewards, some are specifically for those with bad credit, and some are for students who haven’t yet established credit. If you find a card that fits your needs, you can apply for it on the website.
This resource is a valuable tool both for those wanting the card with the best advantages that they qualify for and for those trying to build their credit in the most advantageous way possible. If you are looking for a credit card, try this website. And let me know if it was helpful to you.