If You’re Still Shopping for a Credit Card

Remember how I mentioned that I’d found a new way to learn about your credit score? Well, just recently I was alerted to another cool online tool, this one allowing you to compare quality credit cards, based on APR rates, rewards, annual fees, etc. Check it out: Compare Best Credit Card Deals.

No, I still haven’t gotten my own, beyond the credit/debit Visa with my bank account and the GAP card I’ve had since college. I think I’m still smarting from the Dave Ramsey book I read a few months ago, and, honestly, I do not need a credit card. Getting one just in the name of improving my credit score seems silly. Getting one for the rewards would make more sense, but I do get great rewards already with my bank account. So I am still sitting on the fence.

If I were to get one, these are the things I’d definitely be looking for:

1) Great rewards, probably via cash back or money at stores I frequent

2) No annual fees

*(3) I’d also recommend getting one with a low APR, but that seems to imply that you should carry a balance, which, for the record, I do NOT think is a good idea.

Anyway, if you are in the market or just want a great source for information, check out the link above. And let me know what you think!

Image: szlea

Filed under credit cards, financial resources |