Many young people come out into society from universities and colleges every year. After awhile they soon realise the need for a credit card to elevate their status. How would they know which credit card to pick? Mostly, they would jump at any credit card offer that comes along but the more discerning would shop around before they commit.
There are different types of credit cards that cater to different needs. What do you look for in a card? If you need some emergency cash for a short term, the 0% Purchase Credit Card would be perfect. Instead of taking out a high interest loan, use the credit card and for the first 6 months take advantage of the 0% interest rate offer. Used correctly, this type of credit card can save you interest.
Another card that can save one money on interest is to sign up for a 0% balance transfer credit card. Transfer the balance from the existing card into the new credit card that offers 0% interest on the balance transferred. This will save one on interest.
Shop around for the best card that suits your needs whether it's balance transfers, cash back, 0% on purchases, cards with rewards, travel reward cards or low APR cards.