If you’re looking for the best credit card, you’ve come to the right place. First, there is no such thing as the best credit card! The best card depends solely on one factor, you. There are a million different credit cards out there, and there are a million customers, too. And customers differ in likes, wants, needs, earning capacities and even repayment patterns. The best credit card is the one that suits you the most and gives you maximum benefits. There are a variety of cards designed to cater to different types of customers.
Customers want different things. Here’s some of the things you should look out for to reveal the best credit card for you.
The following questions will help you determine which credit card suits you best.
If you spend regularly, a card that lets you earn rewards, cash back and discounts would be good for you. Credit cards usually come with annual fees, and you should be able to make those fees worth it. So look out for added benefits during your travels and stays, outings and entertainment.
If you save your credit card only for those necessary situations, a card that has no annual fees and zero non-usage fee would be better. These cards don’t charge you anything to hold on to the card but also come with less fluff and rewards.
If you pay your bills on time, interest rates may not matter to you. If you don’t carry forward a balance, you won’t incur interest.
If you’re one to pay the minimum due and carry forward a balance, you need low interest rates.
You may spend on travel, lifestyle shopping, groceries, dining, entertainment, fuel and much more. Determine the pattern of your expenditure to know which credit card you should pick.
A number of websites provide comparison services. Take advantage of this on BankBazaar.sg to compare different credit cards and what they offer. Choose the best one that suits you. The information you need to know to pick the right card may not always be presented to you up front. Find out the details of each card to know which card is a better option for you.