APRs, no annual fees and generous cash-back benefits? This year's list of the hottest credit cards, according to CardRatings.com.
The credit card comparison website is out with its first round of winning cards for 2011, based on their features, perks and overall value to consumers.
After a couple years laying low, credit card companies are back in full force, making up for lost time and aggressively marketing new offers. Nearly 60 percent of cards advertised in the second quarter of this year offered an additional incentive, up from just 20 percent in 2007. Extra incentives ranged from bonus airline miles to cash back rewards, among other enticements.
For example, American Express recently introduced its Blue Cash "Preferred" Card, which offers up to a whopping 6 percent cash back on purchases. (The catch, of course, is a $75 annual fee, but if you're one to spend more than $1,250 on groceries a year, your cash back earnings will cover the fee.) Read More
More Resources:
Instant Approval Credit Cards
Students Good Credit Cards
Student Bad Credit Cards
Consumer agency logs 5,000 credit card complaints in first months
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