If reading credit-card documents gives you a headache, you are not alone. A recent GAO study found that materials soliciting new cardholders, and credit-card agreements themselves, are complicated, poorly organized and badly designed. "They have proven difficult for consumers to use in finding and understanding important information about their cards," the study concluded. The Federal Reserve is now reviewing Regulation Z, which spells out the disclosures that banks must make. Possible new requirements include a summary document and a m ore readable format.
Use our tool to search for the best credit card, or see the tables below.
| PREMIUM CARDS: BEST OF THE LOW-RATE CARDS | ||||
| Issuer | Recent Rate | Cash-Advance Rate/Fee | Annual Fee/Grace Period | Late/Over Limit |
| Capital One Platinum Prestige (P) | 6.81% | 19.71%/3% | none/25 days | $35+/$29 |
| Simmons First National Bank (P) | 7.25 | 11.25/3 | none/25 days | 29/29 |
| Pulaski Bank & Trust (G) | 7.99 | 7.99/none | $50/25 days | 29/29 |
| Wells Fargo Bank (P) | 8.25 | 23.49/4 | 19/20 days | 35/35 |
| Sun Trust Bank (P) | 8.99 | 19.99/3 | none/25 days | 39+/39+ |
| REBATE CARDS: BEST OF THE CASH-BACK CARDS | ||||
| Issuer | Recent Rate | Cash-Advance Rate/Fee | Annual Fee | Rebate Terms |
| Discover Platinum Card (P) | 10.99% | 20.99%/3% | none | up to 5%* |
| American Express Blue Cash | 13.24 | 23.24/3 | none | up to 5% |
| Capital One No Hassle Cash Rewards | 13.81 | 19.71/3 | none | up to 2% |
| National City Everyday Rewards Elite Visa | 14.24 | 24.24/3 | none | up to 4% |
| Chase Freedom Visa | 14.24 | 24.24/3 | none | up to 3% |
--Joan Goldwasser
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
-
What the Comcast Cable Spinoff Means for InvestorsComcast has announced plans to spin off select cable networks and digital assets into a separate publicly traded company. Here's what you need to know.
-
TJX Stock: Wall Street Stays Bullish After EarningsTJX stock is trading lower Wednesday despite the TJ Maxx owner's beat-and-raise quarter, but analysts aren't worried. Here's why.
-
Roth IRA Contribution Limits for 2024 and 2025Roth IRAs Roth IRA contribution limits have gone up. Here's what you need to know.
-
Four Tips for Renting Out Your Home on Airbnbreal estate Here's what you should know before listing your home on Airbnb.
-
Five Ways to a Cheap Last-Minute VacationTravel It is possible to pull off a cheap last-minute vacation. Here are some tips to make it happen.
-
How to Figure Out How Much Life Insurance You Needinsurance Instead of relying on rules of thumb, you’re better off taking a systematic approach to figuring your life insurance needs.
-
Amazon Big Deal Days Is Coming! We’ve Got All the DetailsAmazon Prime To kick off the holiday season with a bang, Amazon Big Deal Days runs Tuesday, October 8 and Wednesday, October 9.
-
How to Shop for Life Insurance in 3 Easy Stepsinsurance Shopping for life insurance? You may be able to estimate how much you need online, but that's just the start of your search.
-
Five Ways to Shop for a Low Mortgage RateBecoming a Homeowner Mortgage rates are high this year, but you can still find an affordable loan with these tips.
-
Retirees, It's Not Too Late to Buy Life Insurancelife insurance Improvements in underwriting have made it easier to qualify for life insurance, which can be a useful estate-planning tool.
