Choose your credit card carefully
What credit card you choose should depend on what type of credit card user you are.
Big spenders who spend more than $5000 a month and pay the balance off in full will benefit from a card that offers rewards.
Everyday spenders who spend about $2000 a month and pay the balance off in full should look for a card with a reasonable annual fee, maximum interest-free days and a rewards program.
The occasional spender who occasionally makes a large purchase and pays it off slowly over time should find a low-rate card with a low or no annual fee.
Habitual spenders with a balance continually accruing interest need to find a low-rate card with a low or no annual fee.