Cheapest Credit Cards

With the current economy people are starting to take a much more serious approach to the credit cards they use. There was a time when everybody had credit cards and for the most part the interest rates and miscellaneous other charges were all very similar. Today however people simply cannot afford to take every credit card offer that comes their way. Instead they must look for the cheapest credit cards they can find if they are going to use them at all.

Credit Card	Details	Credit Card	Details
	Citi Platinum Select MasterCard  - 0% APR* on balance transfers and purchases for up to 12 months - Extra Cash from Citi: enjoy significant discounts on gift cards, travel, merchandise and more. - Balance transfer fee applies with this offer - No annual fee		Discover More Card  - 5% Cashback Bonus in categories like travel, home, gas, restaurants, movies - Up to 1% Cashback Bonus on all other purchases automatically - Unlimited cash rewards - 0% Intro APR for 6 months on purchases and balance transfers - No annual fee
	Capital One No Hassle Miles Rewards - 1.25 miles for every dollar spent on purchases - 0% APR on purchases until May 2010 - Book travel with any airline, hotel, cruise line, or rental car company - No blackout dates and no seat restrictions - No annual fee		PartnersFirst Rewards Visa Card - Earn 1% cash back on every purchase - Redeem points for airline travel, merchandise, unique experiences - Customize your card with your favorite photo! - Save with an introductory 0% Annual Percentage Rate (APR) for Balance Transfers through your first 6 months - No Annual Fee
	TrueEarnings Card from Costco and American Express - Earn cash back virtually everywhere you go - Receive a $25 statement credit for the first purchase made with the Card - No annual fee with your paid Costco membership		Capital One Orbitz Visa Platinum - Excellent - 3 points per $1 spent on eligible Orbitz.com bookings - 1 point per $1 spent on regular purchases - Redeem for Travel, Merchandise, Gift Cards and more - No annual fee
	Citi Forward Card - The credit card that rewards you for good behavior. - Up to a 2% purchase APR reduction when you make a purchase, stay under your credit line and pay on time 3 billing periods in a row. - 6,000 bonus points after $50 in purchases are made within 3 months of account opening. -No annual fee		Citi Platinum Select MasterCard  - 0% APR* on balance transfers and purchases for up to 12 months - Extra Cash from Citi: enjoy significant discounts on gift cards, travel, merchandise and more. - Balance transfer fee applies with this offer - No annual fee

There are some tricks to finding the cheapest credit cards as you wade through the mass of junk mail credit card offers that come in your regular mail and your email to help you avoid being stuck with a large amount of credit card debt. For the last few years many credit card companies have been offering consumers deals such as interest free credit cards for periods of up to six months if you transfer a large balance from another credit card.

This deal can be great but beware as these 0% interest credit cards loans are not as cheap as they might seem to be there are other charges that must be paid such as annual fees and monthly maintenance fees. Many of the companies offering these deals also assess huge interest penalties if you miss your payment deadline by so much as a few hours.

Before you jump ship from your current MasterCard credit card issuer you need to take a good look at the terms and conditions of these 0% credit card offers. In many cases the extra charges after the initial period may leave them a long way from being one of the cheapest credit cards available.

When you are looking online or in the mail at the credit card offers consider looking at the cards that offer incentive programs such as air miles or cash back. If you like to travel or have to travel for business being able to claim a free air ticket on a regular basis can make paying a small increase in interest easier to handle.

Of course if you use your credit card a lot and pay off the balance frequently you might find that cash back reward cards are the cheapest cards you can find. Many of these cards are available at decent interest rates but also pay you a certain percentage of cash back for every purchase you make. What could be better that getting paid to shop?

When you are shopping around for the cheapest credit cards take a close look at all of the terms and conditions that each credit card company lists. By law they must publish every charge that will apply to your new credit card for as long as you use it. If the terms change they must inform you about the changes. Most of the credit cards that start off with a low rate switch to a higher one after a short period of time usually 6 months or 1 year.

While it is not impossible to find cheap credit cards, you will have to do your homework and read all of the fine print. Beware of those with variable rates and any that have huge rate hikes if your payments are late. While the laws are changing to protect the consumer you can be sure that the credit card companies are not going to lose money.