As can be seen, after reviewing thousands of available card, we have shortlisted a few. Finally, before shortlisting we have taken into consideration following factors.

1. Annual Fee
2. Welcome Bonus
3. Rewards (Cash Back Rewards, Travel Mileage or points, Different Perks)
4. Business Feature Credit Cards
5. Student Feature Credit Cards
6. Intro APR
7. Regular APR
8. Balance Transfer Fee
9. Foreign transaction Fee
10. Credit Needed
11. Protections

Eventually to compare cards, we have weighted all cards in term of dollar gain. For your better understanding we have rated each card from 1 to 5. 5 rating is for the best card.

In short, if you have decided to buy a new credit card, than first benefit is welcome bonus. For this purpose, you have to keep in mind annual fee and other benefits of card. Lastly, we are listing here a few credit cards that offer outstanding welcome bonus.

Shortly, here we will take a look in detail about the information of the credit cards.

How Credit Card Works?

Similarly, every credit card has different way of rewarding. While some credit have very easy way as they offer flat percentage at every purchase. For example you will earn 3% cash back at every purchase. All credit cards do not offer cash s reward, instead cash they offer mileage or points.

Hence, after earning rewards, a question came into mind that what is the best way to redeem these rewards. Rewards can be redeemed in two ways.

A. General Purpose Rewards:

Example: Given that, you can redeem your points only for groceries, travel or gas station purchases. Similarly some store card offer the usage of earned rewards only at their store purchases only.

 Moreover, you can earn rewards during consumption of card. You can earn even during redeeming of already earned rewards.

Further, your earning of rewards will be maximum at your purchases particularly at groceries, gas stations, travel and mentioned stores. Normally mostly cards offer 3% reward at these purchases.

Second important point is that you have to match your spending hobby with the card type. For example if you are travel lover than spend at travel through travel card and get rewards. Again it is recommended that spend these earned rewards again for travelling to maximize the benefits. By adopting this pattern you earning can cross 8%.

Unquestionably, different credit cards companies have different interest rates. Interest is calculated from the date of spending if your due date has expired and you have not paid the bill with full amount. Interest is calculated at each day end outstanding balance. Interest is compounded and accumulated each day. Always try to pay the full bill before the due date. 

With dividing your card APR rate by 365, You will get daily interest rate, Now multiply with number of day. Lastly you will get interest amount.

Example: Even more, your outstanding amount is $1,000 and APR is 25%. Now divide 25 by 365, you will get result of 0.068 that is daily interest rate. Now multiply it with 2 if your entire $1,000 is outstands from 2 days, result is 0.14. Next, you have to pay $1,000.14 after two days. That amount includes total payable including interest.

In truth, general thought about the credit cards is that it is short term loan for purchases. However now a day’s credit cards are more than purchases, it is plastic money with many protections, features, offers, rewards and perks. That is the reason each credit card is different from the other.

1. Credit Card’s Rewards:

5. 0% Foreign Transaction Fee:

6. Credit Cards  for students:

First of all check the status of your credit report and observe adverse impact and errors. Always pay bills within the due dates because each day after due date will hurt your credit score. Always compare your income and debt ratio. For example if your monthly is $4,000 than credit card of worth $8,000 to $12,000 is enough for you. It formula at salary is 2X or 3X . For businessman, limit depends upon business turnover or average balance in the account. Some credit reporting agencies don’t have your income information they used your credit utilization of the card for your credit score. Experts suggest that for best score never use card more than 35% of card limit. For example if your card limit is $10,000, you should not utilize more than $4,000 for excellent credit score.

Credit Cards Score:

U.S has three major credit Bureaus agencies

• Equfax
• Experion
• TransUnion

To this end, for calculating your credit score each agency has its own pattern. These agencies generate your credit score that is in the 3 digits. This score determine that how much loan you can avail. Credit Score in the U.S play important role for getting any personal loan, credit card or mortgages. 

Suggesting a right number of credit cards at one time is difficult because everyone have different income pattern, different profits, different goals and different capacity. Multiple credit cards can support in building a good credit score history but on the other side multiple credit cards can hurt your credit score. You credit score also depends upon the factors that how many credit card do have and how much amount you have utilize. Our experts recommendation is that never hold more than 4 credit cards and never utilize card limit more than 35% for maintain good credit score.

Multiple credit cards are usually god for you because you can build your credit score. A good credit score ensures good loan offers. You can opportunity to get low interest rate loan and credit card with multiple offers &perks.

Chase is big issuer of credit card in the U.S and its benefits & perks are unmatchable by the competitors. A few companies just like Chase follow 5 24 rule which means that if you have got 5 or more credit card in last 24 months than are not eligible for more card. You debt to equity ratio is full and you have no space for a new credit card. So always try to avoid unnecessary card.

According to 5 24 rule of Chase, 5 or more credit cards are not good for you. Never hold more than four cards.

If you have multiple card, first of all different card with high debt are difficult to manage and pay. Second drawback is that when you apply multiple credit cards, issuer checks your credit score each time at credit Bureau. Too many dings at Bureau will hurt your credit score. You will lose your chance to a good limit and outstanding offer credit cards.

You are entitles to one free copy from each agency once in a year. To get a free copy you can use www.annualcrecitreport.com . However you can obtain six free copies of credit score each year by registering at www.equifax.com

Choosing best USA credit cards is difficult due to multiple reasons, however you have to compare fee and benefits, and you should take into consideration your spending hobby before choosing a card. We will discuss some basic factors that are important for choosing a right  card.

1. Annual Fee:

In the ,meantime, we will discuss here different type of credit card companies.

1. Credit Card’s Issuer:

Remember that, Always keep different credit cards of different companies to avail different category rewards. For better understanding you should keep a card that is best for travelling, your second card should be best for grocery purchases, your third card should be best for gas station purchases. Now you will enjoy benefits in every situation. However our recommendation is that never keep more than 5 credit cards. Always keep in mind your spending hobby.

Here we will take a look at different types of best USA credit cards users.

1. Value Shopper

While credit cards are source of handsome earnings, benefits, services and protections. Therefore you can get maximum benefit only with proper utilization of card. In short, we will discuss a few steps that will help in maximizing your gain.

Search Rewards according to your spending hobby: