">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Saturday, January 23, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Tech

Which Credit Card is Best for You?

Milcah Lukhanyu by Milcah Lukhanyu
3 years ago
in Tech
8 min read
0

We all know what credit cards are because we use them almost every day in almost every aspect of our lives. Most people around the world have them in varieties depending on the situation they are in or the purpose of the specific card. So, if you want to get one or apply for one, this article is definitely tailored for you. There are a couple of things you have to know first. There is no card with more superiority in the market. You just need to find the best fit for your situation or condition. Getting the best credit card is neither easy or hard, assuming you are already familiar with the basics, there are about four steps you need to follow just to guide you before you go ahead and make the decision to apply for the best credit card.

Check your credit score

This first step is more like an eye opener because it enables you to know your situation and thus making it easier to know which cards you are eligible for. The truth is that you might not be eligible for all the cards out there. There is, therefore, no need for you to go applying for cards you can’t get because that will affect your ability to receive credit in the days to come. Checking your credit score can be done by contacting your lenders in case you already have a credit card or buying your credit score from credit reporting agencies. If you meet the required score you can go to the next step, but if not, find ways of improving your credit score.

Determine which card is best for you

READ  CEO Weekends: Kaspersky Lab unveils New Security Solution to Safeguard Digital Lives

Generally, there are three primary categories of credit cards. Those that build or rebuild your credit score, those that save you money over time and have low interest, and those that allow you to accumulate awards.

If you have a poor credit score, for example, go for the building or rebuilding card because then you’ll be able to access a secured credit card which will ensure that you won’t be able to default on the card’s balance.

Revise the above options by asking relevant questions

Related posts

Top 5 Skills That Modern Software Developers Need to Have

January 22, 2021
0

What Software Developers Need to Know About Burnout

January 22, 2021
0

54gene launches a genome sequencing lab to track infectious and non-communicable diseases prevalent in Nigeria

January 22, 2021
0

Google’s Project Loon, solar-powered internet balloons discontinued

January 22, 2021
0

By this, I mean evaluating the three primary categories at all possible angles just to make sure you are on the right path. Scour the internet and figure out what common past scores have been accepted for the card you want to apply for. Always check how much the annual fee is, as well as the amount of money you will owe in interest when you carry a balance on the card. Don’t try to reach the sun just because you shot for it. Go for a card that will reflect positively on your credit report – that’s the best credit card because your aim should be to move onto a better card in the coming days. Make sure the card has a balance transfer function and find out any information you can about additional benefits. While doing all this, don’t forget to evaluate yourself in terms of financial habits – spending and the likes.

Go for a card that gives you the most personal value

READ  Kenya's controversial ICT Practitioners Bill 2016 to be tabled in parliament again

Assuming you’ve done all the research and you have come up with a list of cards you are eligible for, it might still not be easy to make the final choice. When you arrive at this stage, ask yourself more questions but on a personal level this time. Which are be best credit cards that suit you in a personal way? Always prioritize cards that allow you to increase your credit limit over time. Some lenders in the case of low-interest cards provide debt management tools which can help you pay off your current credit card balance much faster. Go for the best fit for your personal needs because finance becomes personal when you get serious about it.

After everything is all done and you have applied and received your desired credit card, aim to use it as a tool to maintain or build your credit score. Don’t forget that you’ll have to step up and get better credit cards as you move. Use it effectively.

 

Readers 1,469

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

Related Posts

Tech

Top 5 Skills That Modern Software Developers Need to Have

January 22, 2021
0
Tech

What Software Developers Need to Know About Burnout

January 22, 2021
0
Health

54gene launches a genome sequencing lab to track infectious and non-communicable diseases prevalent in Nigeria

January 22, 2021
0
Tech

Google’s Project Loon, solar-powered internet balloons discontinued

January 22, 2021
0
kplc
Tech

Kenya Power Rolls Out A Smart Metering Project Across The Country

January 21, 2021
0
123movies
Tech

4 Best Free Movie Streaming Sites In Kenya

January 21, 2021
0
Tech

Sophos Named Common Vulnerability and Exposure Numbering Authority 

January 20, 2021
0
Hacks & Facts

Your Ultimate SEO Audit Checklist for 2021

January 20, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Top 5 Skills That Modern Software Developers Need to Have

January 22, 2021

Why Bernie Sanders Is A Trending Meme

January 22, 2021

What Software Developers Need to Know About Burnout

January 22, 2021

Which Tech Companies Are Employee Owned and Why?

January 22, 2021

Free money transfer service Taptap Send launches its services to Kenya

January 22, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: