What do I want?
Based on your current spending habits, you should be able to determine the type of
card you're looking for pretty easily.
Depending upon where you stand with your current credit card balances, and how you
generally use your card in a normal month, you can figure out the ways in which
each kind of credit card - be it a rewards, balance transfer, no annual fee or other
type of account - will help you, as well as some of the drawbacks such a card might
carry for you.
However, once you've determined what you want out of your next credit card, you
should also consider the effects it might have.
What do I need?
Let's say you want a rewards credit card. Are you aware that the interest rates
on these cards are typically somewhat higher than the accounts that carry fewer
benefits, and may come with annual fees you might not be used to paying?
For this reason, you might need to carefully assess the benefits and drawbacks of
each card, and determine if you can make the positives outweigh whatever
negatives you might come across. Sometimes, the things you want out of a credit
card do not necessarily jibe with the things you need, and conducting a careful
appraisal of these factors can be critical to making sure you get the ideal account.
What will it cost me?
One of the best ways to do that is to do a little bit of math. Look at the
cards you may have now and think about how you use them. Do you regularly carry
a balance from one month to the next or do you pay it off in full every time you
get a bill? Do you only use your card to finance certain types of purchases? What
do your current balances look like? Once you know these things, you'll be able to
extrapolate the costs you might face, or benefits you might enjoy as a result of
the new card you're seeking. For instance, you'll be able to figure out if you'll
earn enough rewards points over the course of a year to outweigh the added interest
charges and annual fees you might rack up on an account you want.
What can I do to make sure I get the right card?
When you want your credit card application to be approved without any hitches, it's
important to apply for credit cards designed for those within your credit score
range. Applying for one you might not qualify for can be discouraging and even take
a toll on your credit score, and applying for one designed to help those with lower
scores might not be as beneficial as you would like.
If you first read our helpful tips on
how to fill out a credit card application, it could help your chances of
being quickly approved for your top credit card offer.
If you concern is to make sure you know how to make the best choice from amongst
several of the best credit cards that generally meet your needs, out Credit Card
Tips & News section has an article on:
How to compare credit cards.
Why choose a credit card from Capital One?
Capital One offers very competitive credit cards in a number of categories such
as: balance transfer, low interest, rewards, cash-back, no annual fee, student,
business and pre-paid.
Business credit cards from Capital One provide the features business owners need
including cash back on purchases, low or zero APRs and rewards points. If you’re
a student a student card from Capital One is a great way to start building your
credit and certain programs even provide a bonus for paying your bill on time.
Need more proof? Just go to one of our category pages, such as our
balance transfer credit card page. On this page, we have a complete selection
of cards, ranked best card first. Just scroll down the page and you’re bound to
see a Capital One card ranked somewhere near the top!
Less is more.
Whenever you’re looking for a new credit card, the thing that counts most is getting
the card that best meets your needs and not the number of cards for which you are
approved. Take time to go carefully through the application, make sure all information
such as addresses and income information is accurate and current. A few extra minutes
spent now could be this difference between fast approval of the perfect credit card
for your situation, or having to settle for second best.
Remember, the advanced tools at CreditCardApplications.com make the identification
and comparison of top credit cards fast and easy, and our online credit card applications
make the approval process fast. This means you can spend more time to find your
best credit card deals and less time on credit card forms!