Before you fill out a credit card application, it’s always best to compare credit cards to make sure you’re getting the best possible deal. Sometimes getting a credit card is so exciting to you that you forget to look at the fees and interest rates, two things that can really add up over time.
Getting a credit card online has become very event with the new online credit card applications. It is a good idea to quickly scan the interest rates and if you can get a 0% APR offer if you have good credit. Many of the online credit card applications can be approved within 60 seconds with today’s technology.
Avoid email offers you may get for credit cards. Email is the number one method of identity theft on the Internet. There are a lot of really smart con artists out there and they are great with graphic arts and can make an imitation credit card application look like a real one.
Keep in mind that most legitimate banks or financial institutions will not ask you to reveal your private account information online. So if you get an email ignore it and come to a credit card comparison site like CreditCardWave.com that is established and uses SSL encryption technology to make all transactions completely secure and only the issuing bank actually can see the information you are providing.
Compare credit cards. There are so many different credit cards available today that you should have no trouble comparing credit cards and their many offers over CreditCardWave.com.
Before you complete a credit card application make sure you are comfortable with the issuer of the card and what they are offering short term and long term and that it fits your situation. One example is a card like the American Express Blue Card. It offers a 0% APR for 15 months, but also has an option for a 4.99% fixed rate on balance transfers.
If you are using it for a balance transfer just understand that your rate will be at 4.99% fixed for the life of your balance transfer. This is a great deal but just make sure you understand and read the bullets on all the features of the card before applying.
It is easy and quick to fill out the online applications but you want to make sure you are getting a card you will use and be comfortable with for at least 12 months.
Always find out if the credit card has a fee. Look at the information provided to see if the credit card has a fee. Many times there is no fees associated with most of the new credit cards.
Some credit cards that offer major rewards like travel for specific airlines or a business credit card may have a fee associated with it. So just quickly check this to make sure so you understand what your are getting.
Sometimes companies and individuals are willing to pay the fee if they see a long term benefit that will more than offset it, buy most of the time get a no fee card.
So when you apply for a credit card, you need to look for are good interest rates and benefits like credit card rewards or cash back and no fee credit cards if possible.
If you have good credit this is a reasonably easy task. For those with poor credit many times to get the credit card to rebuild or restore a poor credit history will require you pay a higher interest rate and fees upfront initially until you are re-established with the credit bureaus.
No matter what your credit type is make sure you know all you can about the credit card by reading through the offer before you fill out the credit card application.