Credit cards—especially cards that return a percentage of what you spend—are a great way to save money in the long run.
Of course, this comes with the caveat that you pay them in full when your credit statements are due. For information on how to make sure that you never miss a credit card fee, see the page.
To get rid of any excitement of finding the "best" credit card, realize that it does not exist. The "best" credit card is the one that works best for you. As such, you will have to do some research on what card suits your lifestyle most.
All credit cards can be broken down into six main categories: Cash-back cards, travel cards, balance transfer cards, 0% APR cards, student cards, and cards for bad credit.
All these credit card definitions were taken from nerdwallets website.
Now that you know the types of credit cards available, pick the credit card category that you would like. For most people, this guide recommends starting with a cash-back card to keep things simple.
Since credit card rates and offers are constantly changing, you'll have to go to either (or both) of the websites below to do some research on what the "best" credit card for you is currently:
Best Credit Cards of August 2020
NerdWallet's credit card experts rank the best credit cards out there. Offers include no fee cash back cards with up to 5% back on purchases, cards with 0% interest for up to 18 months, and cards that are ideal for small businesses seeking to earn more cash back.
Once you've found the credit card that you would like to open, just sign up for it on the card issuer's website! And before you apply, make sure that your credit score is within your chosen credit cards acceptance range.
If you'd like the guide writers to make a page on how to get a higher credit score, please let us know by clicking here.