Isn’t that the number one question for 2010? Well the answer isn’t always as clear cut as people would care to imagine. There are many different factors to consider when comparing credit cards, and we cannot ignore the fact that these days they are tailored more and more for the individual or specific demographic groups of people…
If you are a rich investment banker you wouldn’t necessarily think that a credit card that gave you points off CDs in a record shop is particularly good. You may be more interested in luxury travel and airmiles or something like the. If you are a student you wouldn’t necessarily go for the credit cards that are offered to the investment banker would you? No of course not, you’d want one that gave you money off things like burgers and CDs and DVDs, books and clothes; basically all the things that your student loan isn’t supposed to cover but often does!
You see the Barclaycard is top of the heap on many websites but this is all good and well if you want 0% interest on your purchases for three months. Hell, the average person can’t spend much anyway, and all this does is to make you spend money and create a larger bill that eventually you will have to pay.
