Not all credit cards are the same. Don't select a credit card company on a whim, or simply because they have a booth set. Research which one is best for your circumstances, spending habits and paying ability.
Five things to investigate for a credit card include
the annual APR if an annual fee is assessed,
the length of the grace period,
the dollar amount of penalty fees,
the balance calculation method.
If you plan on carrying a balance, consider a card's introductory offer, but focus on finding the card with the best annual percentage rate so you minimize what you are paying out in finance charges. Issuers like Pulaski Bank, said Ridout, have a very good reputation for low interest rate credit cards.
Know that identity theft and credit card fraud are serious issues, but there are ways to protect yourself. Never let someone else borrow your credit card.How you handle credit today will affect your access to credit later. Banks, prospective employers, credit card companies, most utility companies and property management companies run credit reports when you apply for a credit card or loan, apply for a job, purchase a home or a car, rent an apartment or sign up for utilities
