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Step 1
Know that several kinds of credit cards are available. There are travel and entertainment cards such as Diners Club card, bank credit cards such as Citibank and Standard Chartered and retail stores card such as Macy’s and Mobil. Compare their features before choosing one.
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Step 2
Think about how you will use your credit card. If you are sometimes tight on bank balance and may not be able to pay your credit card bills in full every month but instead paying only minimum amount, you will want to choose a card with a low interest rate. If you expect to use your card to get cash advances, choose a card with a lower interest rate as well as lower fees on cash advances.
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Step 3
Verify the APR (Annual Percentage Rate) and the periodic rate for purchases, cash advance and balance transfers. See whether or not the APR is worth choosing by comparing it with the monthly rate schemes.
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Step 4
Ask if there are interest free or grace periods and whether they're grouped with the cash advance plans.
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Step 5
Figure out whether a monthly payment or periodic payment plan suits you. If your purchases tend to be heavy, the periodic plan might be better.
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Step 6
Find out whether the rate or interest (APR) is fixed or variable. If it is variable, make sure to check out the range of variation and go for the fixed if your purchases tend to be moderate.
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Step 7
See whether the card you want to opt for is nationally and regionally acceptable or will facilitate purchases only in some specific store or state.
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Step 8
Confirm whether they have attractive packages with certain levels of credit such as travel and accident insurances, guarantees or warranties, cash discounts or scratch cards combined with credit card purchases.











Comments
creditmaster said
on 9/17/2009 This is a wonderful post on how to apply for credit cards and the comments above listed are some great credit cards to apply for.
I would strongly suggest anybody and everybody to carry at-least one credit card for emergency purposes. One such credit card is...
0% APR (for 12 months) credit card offer from Bank of America
0% Balance transfer for 12 months
No annual fee
Standard APR: 8.24% - 18.24%
www.bestcreditcard.googlepages.com
or
If you'd rather apply by phone, just call 866-438-6262
Priority code: UAAJVY
IBO reference number: 5549488
Citizen:Yes
Status:Employed (150K + 60K)
credit-cards said
on 8/18/2009 To apply for a credit card, balance transfer credit cards, and student credit cards - go to: http://www.CreditHalo.com
guydertech said
on 1/16/2008 I found lots of useful and helpful information at credXperts.com (http://credxperts.com).
Hope this helps!
DarnllTMIA said
on 12/4/2007 I'm working on boosting my credit score as well as get at least 1 major credit card since i have not had one in about 10 years.
DarnllTMIA said
on 12/4/2007 I'm working on boosting my credit score as well as get at least 1 major credit card since i have not had one in about 10 years.