Deals

Fees, charges, and benefits vary among credit card issuers. When you're choosing a credit card, shop around. Compare these important features:

Annual Percentage Rate (APR). The APR is a measure of the cost of credit, expressed as a yearly interest rate.

Grace Period. This is the time between the date of a purchase and the date interest starts being charged on that purchase.

Annual Fees. Many credit card issuers charge an annual fee for granting you credit, typically $15 to $55. Some issuers charge no annual fee.

Transaction Fees and Other Charges. Some issuers charge a fee if you use the card to get a cash advance, if you fail to make a payment on time, or if you exceed you credit limit. Some may charge a flat fee every month whether you use the card or not.

Customer Service. Many issuers have 24-hour toll-free telephone numbers.

Other Benefits. Issuers may offer additional benefits, some with a cost, such as: insurance, credit card protection, discounts, rebates, and special merchandise offers.