Looking for the best credit card for your individual spending patterns? There are several ways you can find the right card.

In the past, I've talked about a site called CreditCardTuneUp.com that analyzes your charging and payment patterns, based on the info you supply, and offers you a list of the cards that have the best rewards for you.

You simply put in info about your overall spending, along with estimates of spending in certain categories (gas, grocery/drugstore, dining) to see if you are eligible for booster shot rewards. Additional questions require you to assess if your card will be for personal or business use; whether or not you plan to pay the bill in full each month; how long you expect to keep the card; if you're willing to pay an annual fee and on and on. Basically, all kind of things to narrow down the choices.

Let me just stop and say right now that reward cards should only be used by those who pay their balances in full each month. The interest rates they charge are very high, so if you're used to carrying a balance, you're better off with a low-interest credit card from your local credit union.

For further reading:

Image of Clark Howard About the author: Clark Howard

Clark Howard is a consumer expert whose goal is to help you keep more of the money you make. His national radio show and website show you ways to save more, spend less and avoid getting ripped off. View More Articles

Show Comments 0