Credit Cards offers come in all flavors. Business Credit Cards, Student credit cards, Credit Cards for children, women etc. etc. you name them, they have them. There are about 1200 credit cards to choose from. It is not always easy to choose a card that is best for one. Mostly people go for the “Pre Approved” Credit card applications that they receive in mail.
I am sometimes overwhelmed by the quantity of them and I wonder what people do with all those credit card applications. If I be paid a dollar for each application I receive without applying for credit card, I would be a very rich person. Since people have different credit ratings and their credit scores are different, there is no one-fit-all credit card. Every one’s need for credit card is different. You have to choose one that is right for you among the thousands of credit cards available out there.
Since the supply is larger than the demand for credit cards, Credit Card companies have to employ marketing techniques and offer bounties to lure customers. These offers include Low APR, Cash back, Reward Points. All this is good stuff but this does not mean that these cards are right for you and your lifestyle. Life can be much easier later if you shop around a little for before committing to a certain credit card company. Signing a credit card is like a marriage. Things can go really wrong if you do not take proper care in choosing a right partner.