How To Apply For Walmart Credit Card

When people go shopping for a new credit card, they want to make a decision based on what their particular needs are. While running up credit card debt you can't immediately pay off is generally not a good idea, you may simply need a new card, for a variety of reasons. Be sure you get the card that will work best for you.

Research the Best Card for You

Some cards have generous rewards programs while others are worth looking into for their large bonuses upon sign-up. Maybe you're after a low-interest rate or cash-back programs. Perhaps you're looking for an airline miles program, or no annual fee. We've put together this quick guide to the top 10 best credit card offers. Remember, it's important to do your research, as offers can change quickly.

The factor that figures into which credit card you qualify for is your credit score. Consumer Reports notes that while cards are available to consumers with poor, good, fair and excellent credit, the best rewards-card deals are reserved for those with credit scores of 740 and higher. Use a free online credit score assessment to find out your score, and plan accordingly.

Best Low-Deposit Card

When it comes to secured credit cards, you can choose from those that offer low deposits, rewards, bad credit or low fees and interests, among other categories. Be sure to choose the one that will provide you with the most advantages. The card that NerdWallet ranks as leading the pack for low deposit cards is the Capital One Secured Mastercard.

A secured credit card requires that you make a deposit equivalent to the line of credit. But with the Capital One Secured Mastercard, you can get a limit of $200 if you deposit $49, $99 or $200, depending on your credit. You can even pay the deposit in installments before you activate your card, if you don't have the cash up front. An incentive of this card is that you can earn a higher credit limit if you make your first five payments on time.

About Cash-Back Rewards Cards

Cash-back rewards cards are popular among consumers, because who doesn't want money coming back to them? U.S. News and World Report notes that credit cards that have a cash back incentive are among the easiest ways to earn rewards. People who use these cards can make purchases knowing exactly how much they will earn back. It's quick and easy and there are no complex points programs to interpret.

For this type of card, as for all others, do your research. Some cash back cards give you a flat rate of return on every purchase. Others offer bonus rates depending on where you make purchases.

A Leader in Cash-Back Rewards

One of the top-ranked cash-back rewards cards is the Discover It card, which has an introductory offer that matches all the cash back earned at the end of your first year, automatically. You can also earn about five percent cash back at different places like grocery stores, restaurants and gas stations, up to a quarterly maximum each time you activate the card. In addition, you can automatically earn about one percent cash back on all other purchases.

Another Top Cash-Back Card

The Chase Freedom Unlimited is another card that frequently lands in the top-ten rewards cards lists. This card is another good option for people who want to earn cash back. The card has a $0 annual fee and offers unlimited cash back on all purchases at a rate of about one-and-a-half percent. Your rewards points do not expire for as long as you keep the account open.

Interest rates for this card vary from about 16 percent to about 25 percent. You won't be charged interest on purchases or balance transfers for the first 15 months after you open an account.

Additional features that make this card a good choice, according to U.S. News and World Report, include zero-liability protection, chip-enabled security, price protection and an auto rental collision damage waiver.