Nowadays, there are numerous credit card reviews online which are frequently taken as guides by those who are looking for a new credit card. These credit card reviews are generally written by real users, which make them very trustworthy and most reliable. It is wise to go through these reviews before making up your determination as to which credit card to choose.
Too many people can’t spare time to read the reviews before submitting their application for credit card, and they just make a choice according to the introduction of the issuers. Actually, this is not a good method, since the credit card issuers will always tell you the benefits of their card while deliberately hiding the cons of the card.
It is very advantageous to find info about credit card through reviews, since you will gain a lot info which you won’t get from card issuers and through other ways. There are always some users who try to explain in detail their experience with certain credit card and how they feel about it. For instance, an American Express Business credit card user tells us that this card does not offer the option to pay balances over time, and that it is very expensive to use when compared with other credit cards despite its various advantages.
Of course, there always exists useless info. When it comes to credit card reviews, you will inevitably encounter the helpless info, so that you need to figure out which info is meaningful and which is not. However, you may concentrate on reviews concerning the following messages:
- APR – annual percentage rate
- Annual fees
- Interest rate
- Grace period
- Rewards programs
- Other fees, including cash advance fee, balance transfer fee, late payment fee, penalty and so on.
Some reviews will also tell you the expiration date, rebate percentage, accumulation limits, discounts on purchases and other useful info. Since each card is different from others, you shouldn’t ignore such info.
Anyway, a quality review should contain all the above info. Besides, the sites for credit card review are also very important. CardRatings.com and CreditCardForum.com are two very popular websites among credit card applicants, partly due to the fact that they contain reviews from not only cardholders, but also credit card experts. Apart from the features of certain credit card, you will also get professional advices on whether this card is good for you or not. And then it’s up to you to pick up the useful message from the reviews.
As there is useless info, there also exist messages masquerading as fact. Information as such is most likely to be written by card issuers who seek to increase their sales volume. Of course, there are also people who provide trashy info intentionally, and cardholders who form wrongful idea about their cards and then offer misleading opinions. It is crucial to keep yourself immune from such reviews, or it will make it difficult to form a just opinion about certain card and to make a wise decision.
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