Yusra3
VIP Contributor
1. Consider Your credit Score
The first step in choosing the right high interest credit card is to consider your credit score. If you have a good or excellent credit score, you'll have a much wider range of cards to choose from. However, if your credit score is poor or fair, you'll likely only be able to qualify for a secured credit card.
2. Compare Interest Rates And Fees
Once you've considered your credit score, it's time to compare interest rates and fees. Make sure to look at both the APR (annual percentage rate) and the intro APR (introductory annual percentage rate). You'll also want to compare any annual fees, late payment fees, and balance transfer fees.
3. Look For A Card With Perks That Fit Your Lifestyle
When you're looking at different high interest credit cards, be sure to look for one that offers perks that fit your lifestyle. For example, if you travel often, you might want a card that offers travel rewards or discounts on hotels and rental cars. Or if you're a big shopper, you might want a card that offers cash back or other shopping-related rewards.
The first step in choosing the right high interest credit card is to consider your credit score. If you have a good or excellent credit score, you'll have a much wider range of cards to choose from. However, if your credit score is poor or fair, you'll likely only be able to qualify for a secured credit card.
2. Compare Interest Rates And Fees
Once you've considered your credit score, it's time to compare interest rates and fees. Make sure to look at both the APR (annual percentage rate) and the intro APR (introductory annual percentage rate). You'll also want to compare any annual fees, late payment fees, and balance transfer fees.
3. Look For A Card With Perks That Fit Your Lifestyle
When you're looking at different high interest credit cards, be sure to look for one that offers perks that fit your lifestyle. For example, if you travel often, you might want a card that offers travel rewards or discounts on hotels and rental cars. Or if you're a big shopper, you might want a card that offers cash back or other shopping-related rewards.
