Credit is going to play a major role in your life, whether you want it to or not, really. So that means that it’s important to make smart decisions about which companies and brands you pick so far as your credit card goes. Overall, they act the same and perform the same function, but there are definite differences to account for when it comes down to specific details.

So five of the major ones that you’ll come across regularly include Discover, Chase, Visa and Mastercard, American Express, and Bank of America. How you run into these brands may differ depending on where you live and what kinds of web pages you browse, but having a basic understanding of their major benefits will help you make some financial decisions. [Read more…]