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The best credit card is the one that meets your needs. You may need additional savings on gasoline. If so, sign up for the Discover gas card that pays you back 5% on all gasoline station purchases. You may need to earn extra cash on all your purchases and have documentation of all your purchases by catagory. There are many cards that automatically calculate 1% cash back on all purchases. You may need help with your grocery bills. Find a specific card that pays back on all grocery and pharmacy purchases.

The best credit card is different for different people. The main distinction is to determine whether or not you'll be carrying a balance on the credit card. If you do carry a balance, you should focus on a card that has a low interest rate. If you don't plan on carrying a balance, the focus on a card with cashback and rewards. For most people, it's probably a good idea to have a both types of cards- one you pay off each month, and one you where you can carry a balance if needed.

Always try to avoid annual fees, unless you have such a poor credit score that you can't get any cards without a fee.

Do your due diligence by researching several card terms and conditions online. You should "comparison" shop credit cards to find the best card(s) for you.

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Q: What is the best credit card?
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