To be quite honest, choosing a card isn’t rocket science, but it does take an understanding of your personal spending habits and what you plan on using the card for.
Essentially there are 2 main choices.
Annual fee and no annual fee. That, my friend, is what it all boils down to. Usually a card with no annual fee will give you up front savings but a slightly higher rate, whereas the card with an annual fee will offer lower rates from the get go, as long as you are willing and able to sign off on the yearly charges.
Choose the card with the low-interest features that you require.
If you want your low yearly A.P.R. to apply to your cash advances and balance transfers alike then make sure the card you are applying for has these features currently available.
Many of these low-interest cards have secondary features that might be of use such as bonus dollars, purchase price protection, comprehensive insurance and promotional annual interest rates. Just make sure that you are aware that these perks are silver medals to your main objective. Low interest, permanently.
Ultimately, it all comes down to determining if the annual fee outweighs the interest charges you might incur using a card with slightly higher interest rates. Either way, you’ll be allocating your funds much more economically, which gives you some breathing room in this pressure cooker of financial life.