How exactly do you catch the right fish from a vast sea of companies claiming to have “the best credit card offers?” Do you readily grab something when it tells you they have the lowest introductory APR? Or is it on the rewards that they give? Well, try not to, ok? To be an educated cardholder, these are tips that you might want to consider.

Stick to a budget!

Making a budget and following it can be hard at first, especially when you’re a first-time cardholder and you think that the world is at your disposal. But you should remember that your actions now may hit you hard in the future. Knowing just how much you are willing to spend each month will help you understand your finances better and will also teach you to be responsible in handling your plastic money. When you have your budget set, look for the credit card type that matches it.

Weigh the rewards

Are you the type who prefers cash rebates, gas rewards, or mileage? Choose your credit card according to the incentive that your prioritize more. If you are still a student and you are doing well in school, you might be interested in getting a student credit card that gives bonus points. Or if you are a frequent traveler, a credit card that gives you mileage every time you use your card for purchase is a sure hit for you.

Just remember that the key to finding the best rewards program for you is by making sure that it caters your needs. You do not want to be wasting the mileage that you are receiving just because you are a home buddy who is ironically enrolled in an airlines program.

Check the fees

Before you even fill out those application forms, make sure that you have read the terms of agreement. Some credit cards charge really high when you have past overdue fees or when you have gone over your credit limit. If you are still a student, look for one that does not have annual fees, or if there is one make sure that it is within your paying capacities. You do not want to be paying more than what you are spending, do you?

Be sensible

Issuers rely on your credit scores when deciding whether or not to approve your application. Do not be disheartened when your score is just bordering on low to average. There are options for you out there and all you have to do is look hard enough.

The best credit card offers really depend on your taste—your lifestyle, your spending habits, and many other factors. As such, you must always rely on your own standards of what the best credit card is.

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