10 Questions to Ask Before Choosing a Credit Card

The right credit card can save you hundreds a year in rewards and interest — the wrong one can cost you just as much. Ask these questions before you apply.

1. What is the APR, and is there a 0% intro period?

The APR is what you pay on balances you don't clear each month. A 0% introductory APR on purchases or balance transfers can be valuable if you plan to carry a balance for a while — just note the rate that kicks in afterwards.

2. Is there an annual fee, and is it worth it?

Some of the best rewards cards charge an annual fee. It's only worth paying if the rewards, credits and perks you'll actually use are worth more than the fee.

3. How do the rewards work?

Cash back is simple and flexible; points and miles can be worth more but only if you use them well. Match the reward type to how you actually spend and travel.

4. What are the bonus categories?

Many cards pay extra on groceries, dining, gas or travel. Pick a card whose bonus categories line up with your biggest spending.

5. Is there a welcome bonus — and can you meet the spend?

Sign-up bonuses can be generous, but usually require a minimum spend in the first few months. Only chase one you can hit with normal spending.

6. What credit score do you need?

The best rewards cards typically want good-to-excellent credit. Check your score first and apply for cards you're likely to be approved for to avoid unnecessary hard inquiries.

7. What fees apply abroad and for balance transfers?

Look for no foreign transaction fees if you travel, and check balance-transfer and cash-advance fees, which can be steep.

8. What protections and perks are included?

Purchase protection, extended warranty, travel insurance and fraud protection add real value — and vary a lot between cards.

Our Top Picks

These are popular, well-rated options worth comparing. We may earn a commission if you buy through our links, at no extra cost to you — always check current prices and terms first.

Compare a few cards side by side, check the current APR and bonus, and never carry a balance you can't afford to clear.