When spring blooms anew, there are plenty of opportunities for financial renewal. In the huge variety of credit cards, choosing the perfect one can be an overwhelming task, but we've put together a quick guide in order to help you. We present you with this season's most outstanding credit cards, each offering unrivaled value and convenience to suit different lifestyles and goals.
First Latitude Select Mastercard® Secured Credit Card - Best Credit Card for No history/Poor Credit of March 2024
The First Latitude Select Mastercard® Secured Credit Card offers all the features of the Platinum Mastercard®, but the credit line is determined by a security deposit rather than a credit score.
With this card, you earn a 1% Cash Back reward on all payments made to your credit card account.
The annual fee for the First Latitude Select Mastercard® Secured Credit Card is $39. The interest rate for purchases is 19.24% (25.24% for cash advances).
First Progress Platinum Select MasterCard® Secured Credit Card - Best Credit Card for Fair Credit of March 2024
With the First Progress Platinum Select MasterCard® Secured Credit Card, you earn 1% Cash Back on all payments directed to your First Progress Secured credit card account.
The card carries an APR of 18.49% (Variable for Purchases) and 25.24% (Variable for Cash Advances).
An annual fee of $39 applies to the First Progress Platinum Select MasterCard®. Additionally, the card incurs a 3% foreign transaction fee.
Upgrade Triple Cash Rewards Visa® Credit Card - Best Credit Card for Good Credit of March 2024
The Upgrade Triple Cash Rewards Visa® Credit Card earns 3% Cash Back on purchases related to home, auto, and health, and 1% Cash Back on all other purchases.
Receive a $200 bonus upon opening a Rewards Checking Plus account and completing 3 debit card transactions*.
The card features an APR ranging from 14.99% - 29.99% (Regular APR).
Apply conveniently online and receive a credit line ranging from $500 to $25,000 with your Card.
Blue Cash Preferred® Card from American Express - Best Credit Card for Excellent Credit of March 2024
The Blue Cash Preferred® Credit Card offers generous rewards at U.S. supermarkets, gas stations, select streaming subscriptions, and transit expenses. It features a $0 introductory annual fee for the first year, followed by a $95 annual fee thereafter.
As part of its introductory offer, the Blue Cash Preferred® Credit Card from American Express® provides a 0% introductory APR promotion. This means no interest on purchases and balance transfers for 12 months, followed by an APR ranging from 18.74% - 29.74% Variable. The Penalty APR is 29.99%.
For new cardholders, the Blue Cash Preferred® Credit Card presents a welcome bonus: a $250 statement credit after spending $3,000 on the new card within the initial six months of card membership.
Important Factors When Choosing a Credit Card in March 2024
- Interest Rates (APR). Seek credit cards offering competitive Annual Percentage Rates (APR) for purchases and balance transfers to minimize interest expenses.
- Rewards Programs. Evaluate rewards programs, such as cash back, points, or miles, based on your spending habits and preferences.
- Fees. Be mindful of annual fees, late payment fees, foreign transaction fees, and other potential charges, opting for manageable or avoidable fees.
- Credit Limit. Ensure the credit limit aligns with your spending needs and creditworthiness.
- Introductory Offers. Take advantage of cards offering introductory periods with 0% APR on purchases or balance transfers for potential savings.
- Credit Score Requirements. Check if you meet the eligibility criteria based on your credit score for the desired card.
- Cardholder Benefits. Look for added perks like travel insurance, extended warranties, price protection, and concierge services.
- Security Features. Prioritize cards with enhanced security features like EMV chips and advanced fraud protection for secure transactions.
- Payment Flexibility. Assess payment options, including grace periods, penalties for late payments, and online payment management ease.
- Network Acceptance. Ensure the card is widely accepted domestically and internationally to avoid inconvenience during transactions or travel.
- Customer Service. Research the issuer's customer service reputation to ensure efficient and responsive support for any inquiries or issues.
Conclusion
In conclusion, choosing the best credit card in March requires careful evaluation of factors including rewards programs, fees, interest rates, credit history requirements and cardholder benefits. By evaluating these elements and matching them to your specific financial goals and spending patterns, you will be able to select a credit card that will meet your needs and maximize your benefits.