On a personal note, I have 6 different credit cards, mainly by Citibank Platinum, HSBC Signature and HSBC Platinum, Hong Leong GSC card, Standard Chartered Infinite Card and RHB Travel card. I am footing the government service charge of around $50 per year. But for those staying in the US, there are various credit cards to compare for the best rates at Best Merchant Account Rates. You can click on the link given to find out more information.
There are many types of credit cards in the US such as Chase credit card or Bank of America credit card, amongst others. It is very convenient to carry just a slim card in your wallet instead of thick wads of cash to buy big items like a computer, fridge, washing machine, etc.
The transaction is fast and easy too. With just a swipe and your own signature, the credit card purchased item is approved and all you need is to settle the monthly statements sent to your house. The purchase can be done overseas too when you are traveling with your loved ones for a much needed holiday. This way, it protects your hard earned tangible cash from being stolen or pick-pocketed. You can cancel your card anytime with just a phone call away.
In the meantime, you can also check out Bank of America for more information.
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