How to Evaluate Credit Card Offers

Monday, October 13th, 2014

When you see a credit card offer how do you know if it’s a good one? With so many different credit cards on the market, it can be difficult to know where to begin in evaluating the latest credit card offers.

If you’re not sure which credit card offer is right for you, and which ones to skip over, here is a guide to help you evaluate any credit card offer that comes your way.

  • What’s the big deal? Most credit cards have some sort of promotion, or deal, they are dangling in front of potential new members. Is this card offering a balance transfer with a zero interest promotional period? Maybe it gives you a few months of no interest on purchases, or a bunch of frequent flyer miles, or the chance to earn cash back. Look at what the card is offering and think about whether it would be valuable to you. For example, if you aren’t carrying any other debt, you don’t need a balance transfer offer. And if you aren’t a big traveler, then frequent flyer miles aren’t much use to you. If you can’t use the offer, move on. There are many credit cards out there, and one will have an offer that you really do want.
  • What’s the APR? Every credit card has an annual percentage rate—or APR. This is the amount of interest you’ll pay on any balance you carry from month to month. Even if you think you won’t be carrying a balance, it’s a good idea to choose a card with a low APR. It’s easy to spend a little more than you meant to, and end up with a revolving balance. And, that’s one of the nice things about credit cards—that you can do this if you need to. When you have a card with a low APR, you’ll be able to pay off your balance faster, and you’ll pay less interest on it.
  • Are there fees? Some cards have an annual fee. This doesn’t mean it’s not a good deal, but if the credit card you’re considering does have an annual fee, find out what it’s for. Some reasons for paying an annual fee might be: getting a lot of bonus miles or points that you can use for free hotel rooms, flights, gift cards, or merchandise, having access to 24/7 concierge service to help you make reservations and travel arrangements, or getting travel insurance and purchase protection from your credit card. Look at the fees under the terms and conditions and make sure you know what the card will cost you.

These three questions are a great starting place when you’re looking for a new credit card. Of course, you’ll want to consider how high your credit limit will be, what the issuing bank is, if it’s a MasterCard, Visa, Discover, or American Express—but finding out these things will tell you most of what you need to know when you’re choosing a credit card.


  • Steve Marcotte

    Hello. I’m hoping everyone is doing great.Im hoping Im applying for the right credit card offer fot people eith fair to low credit snd crefit scores due to ID Theft.Im 56yrs old and bee disadied dince 1994 and been struggling to get by and try to live a so called normsl life.Then acouple yesrs ago I found out someone had stolen my idenity.Now life is unbearable trying to make end meet or have a credit card to prove your idenity since 911 and everywhere else that requires more than a simple form of ID.Anyone with helpful info or solution please feel free to let me know here Thankyou! STEVE

    • BestCreditOffers

      To find a card which is right for you, you should know your current credit score. You can check your credit score with any of the three major credit bureaus – TransUnion, Experian, or Equifax. When you know your credit score, you can use our card finder tool to see the credit cards you can qualify: http://www.bestcreditoffers.com/personalized-card-offers-tool.php

Latest Other Card Guides

How I Ended My Toxic Relationship With Credit Cards February 27th, 2016

Do you know the signs of a toxic relationship? You feel out of control, just not yourself anymore.
Continue »

What You Need to Know About EMV Chip Credit Cards October 6th, 2015

If you’ve been reading about the changes in credit card payments lately, you might be wondering how it’s going to affect you.
Continue »

Credit Card Rewards You Could Be Missing Out On April 26th, 2015

Are you getting all you can out of your credit cards? If you’re collecting rewards points and not using them, you are missing out on one of the best perks of having a credit card.
Continue »

5 Signs You Aren’t Using Credit Cards Enough April 28th, 2014

If you pay for most of your purchases with cash, checks or debit cards and shun your credit cards, you probably think you’re being fiscally responsible.
Continue »

Double Your Credit Card Rewards With Online Malls November 1st, 2013

One of the best things about using credit cards is getting cash back. Most cash back credit cards give a minimum of 1% cash back on all purchases, with 5% back in rotating categories each quarter. Some give 2% or 3% in a certain spending category, such as gas and restaurants, ...
Continue »

Best Credit Offer
Click the Compare link to compare the checked cards side-by-side at the comparison table.
Consumer Rating: 4 / 5
Pacific Credit Group Emporium Black Card
Copyright © 2001-2016 BestCreditOffers.com All Rights Reserved.

* The BestCreditOffers.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. BestCreditOffers.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the BestCreditOffers.com website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions.

BestCreditOffers.com makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that BestCreditOffers.com may be compensated by the credit card issuers when the readers apply for a credit card through this site.

BestCreditOffers.com is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. BestCreditOffers.com does not review or list all available financial or credit offers.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.