Wednesday, December 31, 2014

The best and worst credit cards


The rebounding economy means credit card companies are working harder to get your business.

There are some great perks with the right card, but having the wrong card can cost you money and affect your credit.
The rebounding economy means credit card companies are working harder to get your business.

Jill Gonzalez from CardHub.com breaks down the best and worst credit cards.

WORST CREDIT CARDS:
Worst Rewards Card: Visa Black Card
Worst Card for Big-Ticket Purchases: Toyota Credit Card
Worst Balance Transfer Card: UBS Preferred Visa Signature Credit Card
Worst Card for Rebuilding Bad Credit: First Premier Bank Gold Credit Card
Worst Card for Students: U.S. Bank College Visa Credit Card
Worst for Small Business Rewards Card: CorTrust Bank Visa Business Credit Card
Worst Card for Small Business Funding: Most Small Business Credit Cards

BEST CREDIT CARDS:
Excellent Credit: Chase Slate
Good Credit: Capital One Platinum Prestige Credit Card
Fair Credit: Capital One Platinum Credit Card
Limited History: Journey Student Rewards from Capital One
Bad Credit: Capital One Secured MasterCard