Checklist

Think about how you will use your credit card. Do you expect to
Pay your montly bill in full?
Carry over a balance from month to month?
Get cash advances?

Once you have decided how you will use your credit card, you can use this checklist to compare cards. Information about most of the features is given in the disclosure box that must appear in all printed credit card solicitations and applications.











































































































































































































































































































































Feature



Card A



Card B



Card C



What are the APRs?

     For purchases?



___________

___________

___________

     For cash advances?



___________

___________

___________

     For balance transfers?



___________

___________

___________

     If you pay late?



___________

___________

___________

  

What type of interest does the card have?

     Fixed or variable? Tiered?



___________

___________

___________

  

How long is the grace period?

     If you carry over a balance?



___________

___________

___________

     If you pay off the balance each month?



___________

___________

___________

     For cash advances?



___________

___________

___________

  

How is the finance charge calculated?

     One cycle or two?



___________

___________

___________

     Including or excluding new purchases?



___________

___________

___________

     Average or adjusted?



___________

___________

___________

     Minimum finance charge?



___________

___________

___________

  

What are the fees?

     Annual



___________

___________

___________

     Late-payment



___________

___________

___________

     Over-the-credit-limit



___________

___________

___________

     Set-up



___________

___________

___________

  

What are the cash advance features?

     Transaction fees



___________

___________

___________

     Limits



___________

___________

___________

  

How much is the credit limit?



___________

___________

___________

  

What kind of card is it?

     Secured? Regular? Premium?



___________

___________

___________

  

Does the card offer other features?

     Rebates



___________

___________

___________

     Frequent flier miles



___________

___________

___________

     Insurance



___________

___________

___________

     Other



___________

___________

___________



Shopping around for a credit card can save you money on interest and fees. You will want to find one with features that match your needs. This information can help you

¡üKnow the features of credit cards¡©
¡üCompare credit card features and costs
¡üKnow your right a credit card
¡ücomplaint about a problem with
your credit card

Credit Cards

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