Apply For Credit Card US

By: EconomyWatch Content   Date: 29 January 2010

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With the advancements in the internet technologies, one can apply for credit card in USA in a few clicks. All major banks and credit cards issuers have established their presence online and can be approached for credit cards right from the comfort of your couch.

However, as with unsecured lending process, it is crucial that one has a good credit score to be approved for a credit card. Whereas scores above 620 are considered to be ideal, scores till 550-580 have decent chances of being approved as well. The interest rate, though, varies as per the scores. Also different issuers have different guidelines for approval and therefore one must browse the market before settling for a credit card.

Browse and Then Apply For Credit Cards: USA

USA economy has one of the most developed credit card markets in the world. With over 623 million cards in the USA from Visa, Mastercard, American Express and Discover alone, credit card issuers add more attractions and customize features to capitalize on this ever-growing market.

Macroscopically, credit cards in USA come in the following categories:

  • Low interest credit cards: With an interest rate as low as 12.99% and no annual fee, Chase Freedom credit card features on top in this list.

  • Balance transfer cards: With an intro period of 12 months and interest rate as low as 11.99% and no annual fee, the Citi Platinum Select MasterCard is one of the best picks in this category.

  • Rewards credit cards: BankAmericard Power Reward Visa Signature card gets you three points for every dollar spent on gas, grocery and other purchases for the first 6 months and one point subsequently.

  • Airline credit cards: Capital One No Hassle Miles Rewards offers one mile for every dollar purchase up to $1,000 and 2 point for each dollar above $1,000 in a month. There is no limit on the number of miles one can earn.

  • Business credit cards:    Earn 3 reward points for every dollar spent on business supplies, besides a 6 months intro APR period with AT&T Universal Business Rewards card.

Keep in mind to evaluate all the features before you apply for credit cards in USA. There are times when just one feature is embellished to attract consumers.


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