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Apply For A Credit Card
You can apply for a credit card online as well as at your local bank or credit union.
Shopping around for a credit card before you apply for a credit card can save you money on interest and fees. You’ll want to find one with features that match your needs. This information can help you
- Understand the features of credit cards
- Compare credit card features and costs
- Know your rights when using your credit card
- File a complaint if you have a problem with your credit card
How Will You Use the Card?
The first step in choosing a credit card is thinking about how you will use it.
- If you expect to always pay your monthly bill in full--and other features such as frequent flyer miles don’t interest you--your best choice may be a card that has no annual fee and offers a longer grace period.
- If you sometimes carry over a balance from month to month, you may be more interested in a card that carries a lower interest rate (stated as an annual percentage rate, or APR).
- If you expect to use your card to get cash advances, you’ll want to look for a card that carries a lower APR and lower fees on cash advances. Some cards charge a higher APR for cash advances than for purchases.
You can apply for many different kinds of credit cards. Here are a few of the kinds:
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