Choosing the right Credit Card

Finding the right credit card to suit your individual, personal needs can often be difficult. Not everyone wants every feature offered by the majority of the credit card issuers on the market. The key to choosing a credit card, especially if you already have an existing card is to either know what you owe and your current rate or if you’re a new user, know exactly what you intend to use the credit card for - and stick to it.

If you’re an existing credit card holder, then you need to find out what your total balance is, how much you’re paying each month to service it and what the APR interest is. From this, you can then source the perfect card for you by either transferring your whole balance, if it’s substantial to a 0% balance transfer card or if you’re seldom using your card, you can choose a card that offers a fixed, low, APR rate that you can keep track of your interest payments on with ease.

If you’re not a current card holder, you really need to know what you intend to do with your new credit card. If you’re looking to just purchase a few items here and there, you’re best of with low interest credit cards with a very low APR (fixed ideally). If your credit rating is good, which it should be being a first time user, then you can try and find instant approval credit cards and get approved within minutes - but, unfortunately, you will still need to wait for your new card to arrive in the post!