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With so many many credit card companies offering so many different credit cards, picking the one that is right for you can be difficult, so we've decided to write this quick guide to help in picking the right credit card.

Interest rate: The interest rate of your credit card governs how much extra you'll be paying back to the credit card company on top of the money you borrow on your card. For this reason it makes sense to try to pick a card with a low interest rate. Of course, if you find that you pay off your entire credit card balance at the end of each month, then you may decide to pick a credit card with a higher interest rate if it has other benefits with it; see the points below. Also, credit cards usually have a higher interest rates for money taken out at an ATM than the interest rate for purchases made on your card, so make sure you check out the interest for both types of borrowing

Cashback: Some credit cards offer a rebate of a certain percentage of the total value of purchases made on your card. If you find yourself making large purchases on your card, especially if you clear your full credit card balance each month, you may find that a credit card offering a high cashback rebate is exactly what you're after!

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Your credit history: This can work both ways. If you have a bad credit history, because you have frequently missed payments on other debts, have had creditors taking you to court over unpaid bills, or simply that you've not had credit previously, you may find getting accepted for a credit card tough. If this is the case, you will probably want to look at a card specially designed for people with bad credit. These generally will have a higher interest rate, to offset the increased risk of loaning to someone with a bad credit history. If, on the other hand you have a very good credit history, you'll probably want to take advantage of this with a platinum card, which benefits from lower interest rates and a higher credit limit.

Online fraud protection: A lot of credit cards these days will include online fraud protection, to ensure you don't lose out financially if someone clones or steals your credit card and uses it online. Always a handy extra to have!

Other extras: There are lots of different benefits from all the different cards on the market. Some offer bonus points, some offer air miles, some donate to charity when you use your card. More still offer free roadside recovery, should your car break down. Shop around!

Limited time offers: as an incentive to make you choose their card, credit card companies often offer limited time offers, such as 0% interest on all purchases for a period of time, or 0% interest on balance transfers for six months. In fact, you can save yourself hundreds of dollars a year by simply switching your card and transferring your balance to the new card with 0% interest on balance transfers. Just remember, these offers are short term deals, so don't take on a card with a crippling interest rate simply because of a few months of reduced interests.

All in all, credit card companies want you to sign up with them so they can make money off you, so make you shop around for the best deal available that fits in with the way you use your card. Sites like www.online-credit-card.info [http://www.online-credit-card.info] help making selecting a card a lot easier, because they let you see a wide variety of credit cards in one place, along with with their benefits, unique selling points and their charges.