Tuesday, September 18, 2007

Compare Credit Cards








I recently changed credit cards with the same bank, to minimize the interest I was being charged.. I ditched the rewards points program I was on.. I hardly ever qualified for anything anyway, so this is a much better deal. It’s always good to regularly review your credit cards as new and better products are coming out all the time. I would suggest you review these regularly, as well as your home mortgage and insurance. Of course doing credit card comparisons can be time consuming if you are going to do all of the leg-work yourself and this is where a site like newcreditapplications.com really adds value.

This site really help you find the best credit card for you - the left hand menu gives you a very quick overview of all of the different cards, which is great because you can easily find the type of card you are looking for with ease. For example, if you are wanting to do a balance transfer and take advantage of many banks low interest introductory offers, visit the “balance transfers” page to get a list of the top rated cards that allow these kind of transfers, similarly if you are a student, you would look under the “student” category, or if you were suffering from bad credit, there are cards that specifically cater to you as well.

Interestingly, there were some card types there than I had not heard of (or had not heard much about) like the gas mileage cards and the pre-paid credit cards. So, as you can see it’s worth doing your homework and staying on top of the ever changing credit card industry.

As previously mentioned, the site is well laid out and easy to navigate. The only suggestion I would make is to add a little about each type of credit card above the credit card listings for that type of card. For instance, a little bit about what a pre-paid credit crad is above the listings of pre-paid credit card would help many folks easily grasp what their options are. Other than that, there is just the right of information listed about each card.. there is a summary of the most important features to allow for easy card selection, and then more detailed information for those like me who what to get into the details. Of course there are links through so that you can apply for any of the cards online which is a real bonus for many people who are time poor. All in all this is a great resource and will certainyl alleviate that annual “chore” of getting the best deals on your credit cards.

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