Best Credit Card: What are the factors to consider while getting one?

economictimes.indiatimes.com:

credit card addresses all your needs, hence it is important to consider some factors before you sign up for that exclusive ‘credit card’. What are these factors?

Credit Score:

Many of the financial institutions offering the credit cards run a credit check on the applicant while processing the forms. Higher the credit score of an individual, the card comes with better features. Everything depends on your creditworthiness. The applicant can use any online portal to check their credit score, compare the company’s products and their credit requirements before applying for the credit card. Bankers also advise that applicants could work towards improving their credit score before applying for a credit card. They can consult their financial advisors on how to go about this.

Features offered:

The companies offering these credit cards offer various features and every credit card is unique in terms of its utility as well as the features offered. These features normally include a welcome bonus, various rewards, 0% APR promotion, travel perks and shopping and trip protection. Many cards offer a mix of these features.

Welcome bonuses generally range from $200-$700 and it requires the holder of the card to spend a particular amount using the card within a few months before claiming the bonus. Rewards come in the form of cash backs, points and miles. They can be used for various tasks at a later point of time. For example, points and miles can be used to book flight