Choosing a Credit Card

A little time spent learning about credit cards can save you considerable money on interest and fees. You'll want to know the features, fees, interest rates that apply to each credit card you're considering. You should also know your rights and how to file a complaint if you have a problem with your credit card in the future.

One of the first things to consider when choosing a credit card is how will you use it?

• Will you always pay off your monthly bill in full? If yes, then choose a card with rewards that interest you. If you're not interested in rewards or worried about the interest rate, look for cards with no annual fees and longer grace periods.
• If you are going to carry a balance over each month, then your main concern should be a card with a low interest rate.
• Cash advances are generally charged a higher APR (annual percentage rate) than regular purchases, so if you plan to use your card for cash advances, be sure to compare fees and interest rates for cash advances.

The Federal Reserve Board has a great page with more information on choosing a credit card. We suggest you read through this information carefully before you make your credit card decisions. They also have a checklist for comparing credit cards. Print it out and bring it back here to compare the different cards you're interested in.

Choose Your Credit Card by Brand Name

Advanta :: American Express :: Chase :: Discover :: Pulaski :: US Bank :: Mastercard :: Visa

Choose Your Credit Card Rewards by Catagory

Airline Miles Earn travel certificates and points	Bad Credit No credit check and approved regardless of credit history
Business Design your credit card with your company logo and earn points for every dollar you spend	Cash Back Earn more cash in more ways and receive extra $$ each time you save	Regular Union-related services and privileges.
Gas Rebate Save at the pump and everywhere else, earn more cashback bonus in categories like travel, home, gas, restaurants, movies and more	Hotel Rewards Earn airline tickets, hotel stays or car rentals, redeem points and receive checks	Charge Year end financial statement. Fraud protection.
Secured Secured credit with no credit check	Prepaid Credit Card Quick, easy application, efficiently manage your money and pay bills	Reward Earn unlimited cash rewards, earn points for every dollar you spend
Shopping Rewards Get extra membership rewards points, recieve travel and shopping benefits	Credit Cards for Students Apply to get extra cashback bonus, build your credit history	Travel Rewards Get a Miles card with no annual fee, Earn points for every dollar you spend