No credit card is best for everyone. But there are guidelines you can follow to make the best decision possible.
If you’re considering making a change, keep these rules in mind. (Fox Business)
Check your credit score: Credit cards are designed with a specific customer in mind, and your credit score is a big part of that. Most rewards cards, for instance, are reserved for people with good or excellent credit—typically a FICO score of 670 or higher. Knowing where your credit stands will give you an idea of which cards to compare.
Shop around: It’s rarely a good idea to take the first offer you see. Take some time to research different cards that provide the features you’re interested in, and consider rewards, interest rates, perks and general terms to find the best fit for you.
Submit your application: You can usually apply for a credit card online, over the phone or in-person at a local bank or credit union branch. The process is quick, and you’ll typically get a response within moments. If you’re approved, you’ll see your credit limit and interest rate, as well as a note about how long it will take to receive your card.
While finding the right fit is important, no card will be the perfect fit because your needs and preferences will change over time.