By Pauline Gill
Credit cards are convenient for those who travel, use the computer or want to establish credit. If used responsibly, credit cards can increase credit scores, give cash back, and earn reward points towards travel and merchandise. Finding the best credit card company requires assessing your personal needs and matching a card to fit those needs.
Low Introductory Rate Cards
American Express Blue card offers a 6- to 12-month introductory low interest rate depending on credit scores. There is no annual fee, and it offers a reward of one point for each dollar spent. The Discover More card offers zero percent introductory rates for 6 months on purchases and 12 months on transfers. It has cash back rewards. Citi Platinum Select offers a zero percent introductory rate for 6 to 12 months. Interest rates after the introductory period are as low as 6.74 percent. Capital One No Hassle Cash Reward card for good credit has a zero percent introductory rate for up to 12 months and offers 1 percent cash back.
Reward Cards
Cash back cards are great for those who use credit cards often. The Capital One No Hassle card is good for those who want to rebuild credit. It offers a cash reward of one percent. There is a $29 annual fee. Capital One No Hassle Miles card is for consumers with excellent credit. It offers 1.25 miles for each dollar spent to use toward airline tickets. Discover Open Road card is for consumers with very good credit. It offers 5 percent cash back on gas and automotive maintenance. HSBC Platinum MasterCard offers 1 percent cash back and zero percent introductory rate.
Low Interest Cards
Capital One Platinum is one of the lowest rate cards available. It offers an introductory zero percent rate for up to 12 months. The percentage after the introductory rate is 7.15 percent. Simmons First Visa Platinum is for a consumer with excellent credit. It offers no transfer fee and a fixed 7.25 percent rate. The Blue from American Express not only offers a zero introductory rate, but also a fixed 4.99 percent for the life of the balance remaining. The Bank of America Visa Signature card offers zero percent introductory rate, a 9.99 to 19.99 percent rate after the introductory rate (depending on credit scores) and reward points.
Best Credit Card Companies by aboutcreditonline.com