Best Credit Card Applications

Balance transfer credit cards let you transfer higher-interest credit account balances onto a different one with a lower interest rate. For instance, if you transfer a balance to a bank account with a low introductory annual percentage rate (APR) of zero percent, the APR for this balance will typically stay at the lower interest level for a specified period of time, potentially saving you hundreds of dollars in interest charges.

Low-interest credit cards - Offer either a low introductory APR that change to a higher rate later or to a low, fixed-rate APR. Using this type of plastic can offer significant savings on interest, especially when you make larger purchases and pay them off before the end of the introductory period.

Cash-back credit cards - Give you cash rewards for making purchases with the plastic. Most cash rebates are around 1 percent of the total purchases, excluding interest and finance charges. This type of financial products is particularly good if you're faithful about paying off balances each month.

Reward credit cards - Similar to cash-back deals, they offer frequent-flyer-miles, hotel discounts and other rewards just for using the plastic. Basically, you accumulate points toward a reward structure, based on how much you use it over a period of time.

Airline mile or frequent flyer credit cards - Award "mile" or "point" credits whenever you use your plastic, based on the dollar amount of your cashless purchases over a period of time. You can redeem your points for airline travel, much like you would in an airline-sponsored frequent flyer program. These deals are great if you travel frequently or simply want to use your account to plan vacations.

Pre-paid cards - Work like gift cards at retail stores. You can deposit any amount you want and then use the plastic to make purchases up to that amount. These types of bank products generally don't require a report’s check, and some actually have credit re-builder and rewards programs.

Secured credit cards - Plastics that are "secured" with a cash deposit or other collateral. They're ideal if you have very little or damaged credit.

Don't apply for multiple credit cards over a short period of time.

Don't apply for a card you're not likely to get.

Applying for a credit cards and being declined only damages you credit.
Know Your Credit Score, we recomment that you check the credit score before you apply.

This credit calculator can help you manage your money by showing you:

• How long it could take to repay a credit card balance based on your monthly payment.
• The payment required if you want to repay the balance over a shorter period of time.