Anyone can find a credit card offering a low introductory interest rate. Many credit cards out there advertise offers to entice customers. The challenge is to find a card with the best terms that you can live with. Opening and then canceling a card affects your credit score, so it is preferable to select the one that meets your needs before applying.

The four major cards are Visa, MasterCard, American Express and Discover. Each of these cards has a website you can check out to view their offers. You want to find a card that charges a reasonable annual fee or if possible, none at all. There are some cards that charge an annual fee like the American Express Platinum card, but offer fringe benefits such as a free airline ticket for a friend.

Most major credit card companies also provide their customers added benefits such as roadside assistance, no liability on fraudulent charges, and rental car insurance coverage in the case of theft or collision.

If you like to be rewarded for using the credit card, search for a reward card. If you love traveling, airline cards are the best choice. You earn mileage which you can exchange for airfare while you use the card for everyday purchases. Other reward cards allow you to select your reward, which can be gift certificates, merchandise, hotel stays or cash, to name a few.

Specialty cards may offer free credit scores, discounts on your utilities, theme park tickets, or allow you to support a cause or charity by donating your reward earnings.

One other kind of reward card is one that offers rebates. A majority of these cards reward you one to five percent on eligible purchases. Some cards specialize in giving gas rebates. It is usually best to use these cards at a stand alone station instead of a wholesale club station so you get the full rebate.

Whatever card you select, make sure you read all the fine print. Remember that interest rates and annual fees may increase quickly. If you know all these details beforehand, you will most likely be happy with your chosen card.

To maintain your good credit standing, don’t overspend on your card. Pay off your balance every month. It is recommended that you keep two or three major cards for your credit purchases, such as Visa and American Express. You may also opt to keep an emergency card for future use.