It would be simple to choose a credit card if there was only one available. Unfortunately, this is far from the case. There are hundreds of different types of credit cards, with many companies involved. Before you apply for any credit card you have to compare it against the competition. This is the only way to know for sure that you are doing the right thing.

What goes into comparing credit cards? Here are the details that you need to think about:

• Purchase APR. This is one of, if not the most important detail to compare. The purchase APR will determine how much you pay in interest on your balance. Lower numbers are better here. Along with this, make sure you know if the credit card has a fixed or variable rate. With a fixed rate your APR will stay the same, month after month. With a variable rate you never know how much you will be paying, and you will be forced to stay on top of this at all times to avoid surprises.
• Fees. Many people will not opt for a credit card that has a lot of fees attached. In fact, some people do not ever want to get hit with a fee that they do not deserve. The most common is the annual fee – this is money you pay every year for the right to keep your card active. Does this sound fair to you? If not, cards with this fee are not a good choice.
• Introductory offers. Some credit card companies will give you a great introductory rate to get you onboard. For instance, the Blue for Business card from American Express offers zero percent APR on purchases for 6 to 15 months depending on your credit rating. This is a great way to borrow free money.
• Rewards. Are you only searching for credit cards with rewards? You are in luck. These cards are continuing to grow in popularity. Of course, not every reward program is the same. With some, you may earn 1 point per 1 dollar spent. With another, you may receive up to 3 points. Also, compare what you can trade your points in for.
• Service experience. It is not always easy to carry a credit card regulated by a company with bad customer service. There will come a time when you have a question or need assistance. Will the company be able to assist you? Or will you be on your own?

Now, instead of pondering what goes into comparing credit cards you know exactly which details to look into.

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