Which is the best type and name of credit card to get?

Question

which is the best...discover, american express, visa, mastercard, and why is it the best? What is the best iterest rate? Serious answers only.

Answer 1

the name is not the important part ,you want a card that pay s you to use it ,and the ones with no anual fee,and 0 persent interest,I use citi bank visa,and mastercard,there company cards,for the bizz.then I use chase visa and mastercard, for personal.they both pay me any where from 1 percent to 5 percent cash back on any perchase.

Answer 2

If you can afford it, a secured credit card is the best. You go to the bank, open a credit card of, e.g., $500, giving the bank $500 of your own money. Your limit would be the amount you give the bank, in this example $500. The idea is that you never spend more than you can afford, don't get stuck with high interest rates, have the convenience of a credit card and improve your credit rating at the same time. And, of course, you get your original input back whenever you close the credit account. The same principles would go for any other card as long as you paid the balance every month, that way you only have to pay the annual fee and don't get stuck with high interest rates. Visa is probably accepted most worldwide.

Answer 3

Discover and American Express are limited in the number of businesses that accept them. While this won't be apparent within the United States, you'll certainly notice it while traveling outside the country. Visa and MasterCard are accepted virtually everywhere on this planet, so either of them would be good choices. Other than that, I would suggest getting the best percentage rate that is possible. Also, look into a card that offers incentives that you can really use. Some gas station chains offer some great incentive-based credit cards that offer a discount when you use that card to purchase gasoline.

Answer 4

Visa. Its practically accepted everywhere. American Express is way too expensive. MasterCard is ok, but Visa is definitely the best. The best interest rate is the lowest one you can get. If this is your first time getting a credit card Capitol One is the best place to go.

Answer 5

Honestly and seriously... None. Avoid using a credit card at all cost. Yes it means not getting what you want when you want it, but it also means not getting into serious debt.

With that said, if you're still determined to have one use it only in EMERGENCIES. (Read this as If my car breaks down and if I don't fix it I have no way to work. NOT, I have to have that new CD player for the party tomorrow.)

Discover, Visa, and MasterCard are excepted almost everywhere in the US. You'll need to look at the terms on the application. You want to have an interest rate as close to 9.99% or lower as you can. BEWARE of introductory rates, they can end before you pay off your balance. Never take out a card with a yearly fee. Always pay on time or you will be charged a huge late fee and your interest rate will sky rocket to about 27% or higher.

Answer 6

VISA is the best, coz Visa is the only the credit card that is accepted all over the world without any question.However, the interest rate on the Visa credit card varies from bank to bank as it totally depends on the business policy of each bank.Some banks may charge nominal interest rate whereas some have hidden charges too while some have cash back policy which is lot better for consumers, but it also depends on the credit limit as well. There are actually so many Visa cards to choose from like Gold, Platinum, Classic etc. I would recommend classic Visa for students coz it has cash back policy with low interest rate, whereas Gold and Platinum have little higher interest rates. I would suggest you to pass by as many banks as possible in order to pick up some Visa card brochures from there, which are normally displayed for the interested customers and everything is described in them. So,just try and pick up as many brochures as possible from different banks and compare the best rate with one another, this way you'll definitely find the one which suits you. If you live in Canada, Scotia Bank and CIBC are the best Visa offerer.Good Luck!

Answer 7

This really depends on several factors. I'll answer what my experiences have been. For people just starting out Capital One VISA is the best. Fairly competitive interest rates and easy to get. For Someone who has established credit I'd go with Providian (now Washington Mutual.) Their interest rates are very good (usually around 9% to start) and their website is the best I've experienced so far.

Answer 8

Go with Visa they are the most widely accepted card around the world, everyone exepts visa.
Be smart and pay off your card everymonth, that way you don't have to pay interest, if you do this than it doesn't matter what your interest rate is.
My interest rate is like 15%, I know I could get better, but I pay off my card everymonth, and I have never paid a cent of interest, also, because of this I have perfect credit and no debt.
So, get a visa, and be smart and don't worry about the interest rate.

Answer 9

My vote is for the American Express One card. My reasons being:
I have never had a problem with Amex, and customer service was good when I called. (Unlike some other banks I could bash here...)
They have the flexibility of paying some or all of the balance on the card.
They give you interest protection on new purchases, meaning that they don't charge you interest on new purchases until the close of the cycle, not the day you buy it, like most cards.
You get cash back on purchases that go to a savings account.

What could be better?

Answer 10

here is the order in which your credit would look best.
American Express as they are the hardest to get.
then master cards and final is visa's cards visa being last because anyone can get those.
Then Sears cards believe it or not are very hard to get and they report very well to credit agencies. But they will *** phuck you if you mess up so be carefull.
hope this helps