How to Choose the Perfect Credit Card for Your Financial Needs

4. Consider the Credit Limit and Credit Score Requirements

Each credit card has its own eligibility criteria, including the credit score required to qualify. If you're applying for your first credit card, or if your credit score isn’t stellar, you may want to consider a card designed for people with limited or average credit. Many cards in this category come with lower credit limits and fewer rewards, but they can help you build or rebuild your credit over time.

On the other hand, if you have a strong credit score, you may qualify for premium cards with higher credit limits, better rewards, and exclusive perks. These cards often come with higher annual fees but can provide value if you’re able to maximize the rewards.