- A credit card's annual percentage rate (APR) applies to the portion of your balance that you don't pay off by the due date each month. If you think you may carry a balance, look for cards with the lowest APR, which may vary with the prime rate and your credit rating. Some cards may offer zero percent interest, but this is for a limited period only.
- Cards with no annual fee may offer consumers some type of reward for their patronage. This may include cash back based on the total dollar amount of purchases that you make or points that you may use to purchase merchandise. Compare the rewards offered by various companies to determine which are most relevant to your needs.
- Some retailers do not accept credit cards issued by certain companies. Before making a card selection, note the ones that are accepted at the places where you shop the most.
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