Which Credit Card Is Suitable For Me?

You often find people asking the question ‘which is the best credit card’ but in reality, there isn’t really one that can be deemed to be the ‘best’ because everyone has various demands and expectations. So, what ought to be the appropriate query? People often make the mistake of going with the flow and end up choosing the wrong credit card for themselves. The right question should be which card is best suitable for me.

Below are some factors that should be taken into account while looking for a credit card that best fits you and your needs:

According to your credit:

The first and foremost thing a person should consider while looking for a credit card is to check their credit score, whether it is average, good, bad, or excellent. Many premium credit cards offer premium benefits but they are mostly offered to people having excellent credit cards. Likewise, many basic credit cards are offered to people who have an average credit score, but that doesn’t mean that they are a bad option, many regular credit cards also offer good deals and offer to their users.


The next thing you should consider is which type of credit card you want. Analyse your needs, whether it is a travel credit card that would fulfil your needs, a shopping credit card, rewards, fuel, or a cashback credit card. Having your needs narrowed down will help you eliminate the card option that does not fit your needs. Also do not worry if your needs are a mixture of all, there are many credit cards that come with all the above-mentioned benefits.

Reward benefits:

Another thing you must look for is the reward system each card offers. Reward system varies from issuer to issuer and card to card so one card could be offering you better deals and points than the other. The number of credits, miles, or cash back you can receive via a credit card is typically unbounded. Many cards do have a cap on the amount of purchases that qualify for additional benefits, or additional rewards granted in certain areas, however, if users reach the said cap, they still receive points at the standard rate. In some cards, the reward rate may look intriguing but the redemption option may not. So, choose wisely.


The features are the most important thing a user must consider before going all in for a credit card. Look and compare the features of each card, and find out if it offers perks like automatic utility bill pay, simple EMI options, introductory rewards, no liability for missing or stolen cards, waiver of gasoline surcharges, and insurance coverage. Therefore, prior to selecting a card, examine the characteristics of each.

Fees and charges:

With so many options available in the market, the charges and fees a credit card charges also play an important role. There are many cards that charge minimum joining and renewal fees or even zero and then there are also credit cards that charge a heavy annual fee. While the low-fee card must look attractive it may not always fit your needs and wants.

Bottom Line:

It’s crucial to pick the greatest credit card, but don’t stop there. To get the most value for your money, use your card properly. Pay all of your bills on time each month if you’re attempting to build credit, and don’t overextend yourself. If you secured a 0% APR agreement, follow your debt repayment strategy. Use your card for regular purchases and pay off your account in full each month if you want to accrue points. One must first determine their precise credit card needs, after which one must review their credit card’s terms. Before selecting a card, carefully read the description of the card to become familiar with all the features it provides, including the fees, penalties, and transaction options.

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