Best Credit Cards For The Buck

For years, credit card offers arrived in consumers' mailboxes with greater frequency and consistency than those AOL CD-ROMs.

The offers, many claiming pre-approval, promised low-interest rates, balance transfers and reward programs for everything from gifts to airline miles. American consumers signed up in droves. According to a June 2008 Consumer Reports story, 85% of U.S. households are signed up for at least one rewards program.

Today, however, with the credit crunch and slumping economy, low interest rates, perks and big rewards could soon be a thing of the past. Although the credit card system has, until now, been relatively insulated from the financial meltdown, cardholders are finally feeling the belt tighten.

source : http://www.forbes.com