Discover more on best credit cards
Also avoid credit cards whose default rate is substantially higher than the default rate for a regular credit card. The default rate is what your interest rate will be set to if you make any of several mistakes, including paying a bill late. It can be ridiculously easy to make these mistakes, so choose a card with a default rate as low as possible. * Is there an annual fee? There shouldn't be. Yearly fees are a leftover from the era when only the rich had credit cards.