Credit Cards

In 1887, the American writer Edward Bellamy described in his science-fiction novel "Looking backward: From 2000 to 1887" an economic system that does not involve cash: "In the beginning of each year to every citizen (...) will be credited an amount as a credit, which his Shares in the annual purchase of the nation represents, and he receives a credit card, through which he (...) shall at all times, what he needs. " FOR COMPARISON Check: 100 cards in the test In Germany there are now more than 1000 cards on different terms and with a variety of extra services on the market. There are cards with more or less meaningful insurance, with reductions in travel and for car rental, tickets to sporting and automotive fans, for hunters and students, and even maps with arbitrary pictorial motifs. Equally complex is the area of fees: Some cards are connected to a free checking account, or allowed to withdraw cash at ATMs worldwide free of charge, while others adopt new customers in the first year annual fee, but then proposes stronger rate than competing offerings. There are also huge differences in credit and lending rates - up to 25 percent. Just at the point it is particularly important to pay attention to the terms of settlement: by seemingly generous repayment obligations with low rates, the balance rises high interest on debt (revolving credit). Brings light into this mess of credit card comparison. It filters out more than 100 card offers that come closest to their personal needs. One can even determine what criteria are taken into account and should have the weight for example, the fees range in relation to extra services such as travel services.