There are tons of credit cards out there that offer different deals. Before getting one, be sure to find out these things:

  • The annual fee: This is the amount you pay for using the card each year.
  • The APR: APR means annual percentage rate.  This is how much interest you pay every year.
  • Other fees: how much will it cost if a payment was late? What’s the cost if you go over your credit limit?
  • The grace period: This is the time between when you spend money and when the card charges you interest. Try to find a card with 25 days or longer grace period.