Credit Card Maze: Who Offers What?
If you are looking for a new credit card you shouldn't think it is as easy as filling out an application and waiting for an approval. Okay, it is that easy! Yet, shopping for the best deal out there can help you reap some tremendous benefits. Understanding the industry first can go a long way toward helping you find the credit card you want.
When shopping for a new credit card the following issuers lead the way:
Several banks are noted for providing extensive credit card services and work with issuers particularly MasterCard and VISA to ensure that there is a card for you:
A variety of card types are offered to consumers including:
Some are hybrid cash back-rewards cards while others are geared toward helping people restore their credit standing such as Bad Credit Credit Cards.
Conceivably, you could get a Visa Credit Card from Chase and earn rewards on it; a balance transfer credit card from Citibank with a MasterCard issuance; an American Express Blue credit card; and more. Literally, tens of thousands of credit cards are out there and one of them could have your name on it!
Of course, you have to look at each card to see it stand on its own merits.
As you can see, the list is virtually endless, limited only by your desires and ready for you to select and apply the credit card that is right for you.
When shopping for a new credit card the following issuers lead the way:
- American Express Diners Club Discover MasterCard Visa
- American Express and Diners Club cater chiefly to elite consumers and businesses while the remaining three target the general consumer primarily.
Several banks are noted for providing extensive credit card services and work with issuers particularly MasterCard and VISA to ensure that there is a card for you:
- Advanta Bank of America Capital One Chase Citibank First Premier Bank HSBC Bank
- Chase offers more than 900 different credit cards in the form of affinity cards mostly to consumers.
A variety of card types are offered to consumers including:
- Airline Credit Cards
- Bad Credit Credit Cards
- Balance Transfer Credit Cards
- Business Credit Cards
- Cash Back Credit Cards
- Instant Approval Credit Cards
- Low Interest Credit Cards
- Prepaid Debit Cards
- Reward Credit Cards
- Student Credit Cards
Some are hybrid cash back-rewards cards while others are geared toward helping people restore their credit standing such as Bad Credit Credit Cards.
Conceivably, you could get a Visa Credit Card from Chase and earn rewards on it; a balance transfer credit card from Citibank with a MasterCard issuance; an American Express Blue credit card; and more. Literally, tens of thousands of credit cards are out there and one of them could have your name on it!
Of course, you have to look at each card to see it stand on its own merits.
- What is the annual fee?
- What is the annual percentage rate for interest?
- Do you receive any type of rewards or cash back?
- Does it have a balance transfer option?
- Is the card better suited for business usage or for personal use?
- Does the card offer special services such as flight insurance, travel protection, concierge services?
- Can I get my statements online and are these statements transferable to Quicken or some other software program?
As you can see, the list is virtually endless, limited only by your desires and ready for you to select and apply the credit card that is right for you.