Each person uses a credit card for a different purpose, so when choosing new credit cards, you need to know what your purpose is. Today we will show you some tips for choosing a credit card. Also some of the best 2019 credit card suggestions for you to choose.

New credit card
Choosing new credit cards, you need to know what your purpose is

In the previous post, Infocreditfree.com introduces people to some of the necessary information that is useful for getting the private mortgage to get more information people can read the article A private mortgage can benefit everyone if they do it right? Now, let find knowledge about new credit cards in the post today.

NEW CREDIT CARDS

Just like a lot of article posts about loans for average credit, loans for unemployed, government loans, second mortgage, HELOC…. this post about new credit cards also includes some main parts. They are:

1. Some tips for people to choose new credit cards

When you are ready for a new credit card, you will first want to determine which one is right for you. With the right card, you can earn hundreds of dollars each year, build your credit or enjoy special travel benefits. Here are 7 questions to ask yourself in your effort to choose the best card.

Build credit. Most credit cards, including cards for authorized users, allow you to create credit. But check with the card issuer to make sure they will report your credit habits to the three major credit bureaus. Cards for consumers with bad or thin credit can help with this.

Pay a lot of interest and fees. The balance transfer card eliminates the sharp edges of credit card debt, although you still need to pay off your balance before the 0% APR offer ends.

Spend your strategy. With new credit cards being offered or refurbished every month, it’s worth considering what’s on the market and how you can maximize your rewards. Instead, by updating your wallet, you can use the best card for the best situation and maximize your reward.

Which specific category do you usually use? Some cards, like Amex Blue Cash Preferred, offer year-round improved rewards for categories like gas and groceries.

Traveling. If you plan to travel regularly (or even occasionally), some travel and restaurant reward cards around the world, such as the Chase Sapphire card. Flat-rate travel cards are also available. Have a favorite brand?
Express yourself with a card that brings smiles to your hotel or aircraft use brand of choice.

Enjoy the convenience. Even if you have great credit, credit cards are a great financial option for consumers on the go. Imagine just taking your keys, driver’s license, and credit card on the way out the door. Nothing easier, right?

New credit card
Choosing new credit cards, you need to know what your purpose is

2. People can get a new credit card from this list

Name Details Pros Cons
Chase Sapphire Preferred® Card 60,000 points after a $4,000 spend within the first 3 months is actually worth an incredible $750
  • Rewards for worldwide travel and dining are tough to match.
  • Transfer rewards from the Chase Freedom and Freedom Unlimited to redeem more travel rewards through the Chase Ultimate Rewards portal.
  • The regular APR starts out high at 17.99%-24.99% variable,
  • The $95 annual fee isn’t waived the first year.
Discover it® Cash Back Enroll quarterly to enjoy 5% back on rotating categories with the Discover it Cash.

Earn double back at the end of your first year. This is a unique feature.

  • Items as everyday spending like restaurants and gas stations, as well as big-ticket purchases at Amazon.com, home improvement stores.
  • You can redeem at Amazon.com checkout.
  • No sign-up bonus
  • The travels and purchases benefits are non-existent.
Capital One Venture® Rewards Credit Card  The Capital One Venture Rewards is a fine choice with all-purpose travel
  • Lucrative partnerships with more than a dozen airlines, and hotels.com/venture through January 2020.
  • The $95 annual fee is also waived the first year.
  • Those miles don’t get a boost like that of the Sapphire Preferred.
Wells Fargo Propel American Express® card
  • This card doesn’t have a flat rate for all spending
  • Its category choices are numerous enough to make it a keeper for everyday rewards.
  • Offers quirky little rewards surprises for popular streaming services, homestays, and rideshares, all sorts of travel, transportation, and dining.
  • The sign-up bonus is crazy high for a no-annual-fee card.
  • APR on purchases and qualifying balance transfers: 15.99% – 27.99%

This table is a comparison of 2 cards in the first year of card membership, one with an annual fee and one without:

Card Sign-up Bonus Ongoing Rewards Annual Fee End of First Year Net Value
Capital One Venture Rewards 50,000 miles / $3,000 spend in 3 mths 2X miles x $1,000/mth = 24,000 miles $95 waived first yr $500 + $240 = $740
Capital One VentureOne Rewards 20,000 miles / $1,000 spend in 3 mths 1.25X miles x $1,000/mth = 15,000 miles $0 $200 + $150 = $350

This post is information about New credit cards. Also if you are looking for information about the loans for unemployed, please refer to Getting loans for unemployed is not difficult but you need to have income the link we just provided in the previous article.

Hillary (Team Content) – New credit cards