Consumers Looking For A New Credit Card Should Be Careful

DENVER (CBS4) - An estimated 1.4 billion credit card applications were sent to consumers in just a three month period this year.

That means many of us are trying to decide which card is the best deal.

Some come with annual fees, others offer miles or cash back with purchases.

Money Saver Suzanne McCarroll says you need to identify your needs and then look for the card that best suits you, and be careful: rates and fees change frequently on cards, make sure you look at all the fine print.

Additional Resources

Kiplinger recently determined what it says are the best credit cards for rewards. Read the full report at kiplinger.com.