Credit Cards: The Industry’s Best & Worst
Choosing a credit card can be tough. For one thing, there are just so many to choose from! And card companies are real marketing pros, so all of those cards look good – at first glance. Plus, terms and conditions can be confusing if you don’t know the terminology. Luckily, sites like this one help new card holders compare credit cards to see which ones offer good deals and which ones should be avoided.
In that spirit, here’s a list of the best (and worst) credit cards, according to Forbes and Saving Advice:
The five best cards are Blue from American Express; Chase Bank Visa Platinum; Discover Card’s More Card; CitiBank Platinum Select; and Clear from American Express. Across the board, these cards offer generous 0% introductory APRs and terms that are easy to live with.
Five cards to avoid include HSBC’s American Dream; New Millennium from Visa or MasterCard; MasterCard First Premier; Total Visa; and Chase Bank’s Marathon Platinum Reward Card. According to Forbes, the high fees and stingy limits on these cards mean they’re just not worth the trouble.
