Best Credit Cards 2015-2016

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Best Credit Cards 2015-2016
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• Whats the best credit card now? Theres not an
  easy answer. Cards come with such a dizzying
  array of rates, rewards, and fees that you could
  be forgiven for giving up and picking any decent
  offer that lands in the mailbox.
• Take cash-back cards. Some promise a set
  percentage back on all purchases others reward
  you at different rates depending on what you buy
  and where you buy it. And some change those
  categories every quarter. Youve got to be a
  spending ninja to maximize your payoff.

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• But lets not pick on cash-back cards. Many other
  rewards programs are just as tricky, with
  byzantine rules that tend to change regularly. No
  wonder only three in five rewards cardholders
  understandor think they knowhow their cards
  work, a survey found. And almost 20 of
  cardholders didnt redeem any rewards last year,
  reports.

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• If you arent taking full advantage of the cards
  in your wallet, though, you could be walking away
  from hundreds of dollars a year. Lots of
  consumers are costing themselves money by not
  understanding what their credit card does, says
  credit card expert Sean.
• Now is an especially good time to revisit your
  options. The introduction of Apple Paythe
  companys new mobile payment systemhas led to a
  big push by tech companies and financial
  institutions to promote digital wallets, which
  let consumers store (and use) card information on
  their phones.

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• So which cards should make your cut? Once again
  MONEY has teamed with credit cards, sifting
  through thousands of credit cards to identify 14
  that are best in class. Weve highlighted
  outstanding options in five categoriescards that
  offer cash back and travel rewards, specialized
  services for students and small businesses, and
  the best financing terms.
• Most of our picks assume you are using cards
  strategically to maximize rewards, and paying off
  your bill each month to avoid fees and finance
  charges. (Most also require good credita score
  of roughly 700 or above.) Yet MONEY went one step
  further this year. At the top of each broad
  category is our easy choicethe best no-muss,
  no-fuss, no-annual-fee option. Thats because
  while the benefits can be rich, maximizing rates
  and rewards is a lot of workand not for
  everyone.

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• MONEY decided the criteria to considerincluding
  intro and regular APRs, sign-up bonuses, fees,
  and rewardsand then set parameters for what
  constituted a winner in each category (for
  example, lowest rate and no annual fee for
  student borrowing). Plugged those terms into its
  database and made several suggestions for each
  category it disclosed to MONEY any issuers from
  which it receives compensation when people apply
  through its site. MONEY then independently
  fact-checked the results and made the final
  decisions.

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Source http//time.com/money/4037389/best-credit-
cards-2015/
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