Low Interest Rates

• Because there is less of a risk associated with lending money to those with good credit scores, the best credit card offers are those with low interest rates, which are also called annual percentage rates (APR). The interest rate is what a credit card company charges to lend you money. Cards with low interest rates, also called prime credit cards, are those with rates below the U.S. prime rate. The prime rate, which you can find in the "Wall Street Journal," is based on rates listed by large banks. Credit card companies generally charge 13 percent plus the U.S. prime rate as an interest rate. Those who have good credit should seek a credit card offer that offers a low introductory interest rate and then a fixed interest rate after the introductory period expires.
  
  

Low Annual Fees

• The annual fee is what a credit card company charges an individual to be a cardholder, much like a membership or maintenance fee. The best credit card offers for those with good credit are those that do not charge an annual fee. Credit cards that offer rewards or are considered "secured" or "premium" cards generally charge an annual fee. Therefore, it is important to make sure the benefits you receive from the card outweigh the cost of the annual fee. The cost of an annual fee varies by credit card company. Some companies charge a flat fee, while others charge a percentage of the credit limit.
  
  

Rebate Programs

• The best credit card programs, if you have good credit, are those that offer cash-back rewards in addition to other benefits. A credit card company may offer a rebate that equals a small percentage of your credit card purchases over the course of a year. Other companies may offer a rebate of up to 5 percent for purchases made on certain items, such as dining at restaurants, gas, airplane tickets or groceries.
  
  

Cardholder Benefits

• In addition to rebates, credit card companies may offer customers with good credit additional benefits. The best credit cards offer a protection program in the event your card is stolen and the thief makes unauthorized purchases, roadside assistance, airline miles that do not expire or points you can use toward program rewards. The best credit cards also do not charge transaction fees on foreign purchases and have airline rewards that do not have blackout dates.