BankFirst focuses on the prepaid credit card market, and has a reputation for integrity and solid financial strength. They offer a variety of options, and have cards specifically designed to help cardholders build or rebuild their credit ratings. Here are five tips to help you choose the best BankFirst credit card for you:
1. Know your credit card goals and habits. Give yourself an honest assessment of your spending and payment tendencies before choosing a card to apply for. Are you likely to use the card frequently or just for emergencies? Do you have a plan for raising your credit rating or do you just need a card for things like online purchases and travel reservations? What fees and payment terms fit with your finances?
2. Consider what kind of card will serve your goals best. Once you know what your goals and needs are, you can look at the options available and figure out how each option fits with what you want to accomplish. Then you can look at only the cards that actually serve your needs.
3. Consider which features are most important to you. Many of BankFirst's prepaid credit cards offer the same sort of extra features as regular credit cards, such as cash back or other rewards on your spending. These features can be very attractive, but make sure you are looking at the cards that fit your most important requirements first.
4. Compare all of your options carefully. It can be tempting to just apply for the first credit card offer that catches your eye, but there's no way of knowing if it's a good offer until you compare it to others. By carefully evaluating all of your options you can often save money and improve your credit card experience.
5. Read the fine print. Always be careful to read and understand all of the terms that apply to a credit card offer before applying. Consider the fees, payment terms, and extras will actually work and how they will affect the way you use the card.
About the author
To find and apply for a BankFirst credit card, Beth Derkowitz recommends Find Credit Cards. Please see http://www.findcreditcards.org/issuer/bankfirst.php for more information.