Where To Start When You Compare Credit Cards?

By: Avi Solutionz
Each and every credit card differs in the features and benefits they offer. Nobody but you can compare credit cards and choose the one most suited to you and your circumstances. Websites that compare credit cards will give you invaluable advice and guidance but the choice of which credit card best meets your needs at this time is completely up to you. When you compare credit cards you will soon realize that there isn’t a single perfect one and they will all need careful management to avoid the pitfall of debt.

In advance of even asking for a credit card consider how you will use it and make this the basis to compare credit cards. Obviously it is about money, but what is the money for? Do you want your credit card for relatively small daily expenses that save you carrying cash that will then be paid up when the credit card statement arrives? Or perhaps you already have an outstanding balance on another credit card and want to transfer this to a cheaper one? Then use the new one for spending too. You will definitely want to compare credit cards on the basis of transfer rates, costs and the rates on current spending.

When it comes to comparing credit cards, how you intend to use it is the fundamental question. The consequence of failing to compare credit cards and taking on the wrong one for you can be very expensive and even ruinous.

So let’s take a look at some of the important features when you compare credit cards and the sorts of users they are suited to. When you identify yourself in this comparison you will be a closer to making the right choice of credit card.

Features to consider when you compare credit cards:

Ø All credit cards let you buy stuff without the cash changing hands or being moved from your bank account to the credit card company, at the moment of transaction. Rather you get a statement each month listing all your expenses and a date when must pay some amount.

Ø All credit cards would prefer you not to pay the whole amount because then they will make money by charging you interest. But there will be a minimum amount to be repaid.

Ø All credit cards will charge you a fee if you a) are late in paying the minimum, b) fail to pay anything at all or c) go over your stated limit.


There are basically two sorts of credit card user. There are people who spend and then pay up the credit card balance each month and then there are those who old the credit card balance as an ongoing loan and make the minimum payment. Which type of user you are is the starting point when you compare credit cards.