Answer:  The best credit card for you depends on what it is you plan to use the card for and any rewards the card may offer.  It really is up to you.

Any major credit cards, such as a Visa or MasterCard, should be fine for anyone.  Looking at the interest rate charged is important as well, and if you can pay the balance off within the 28-30 day period without incurring any interest.

Here is an article on posh credit cards:

Posh Credit Cards

In my readings across the web and in books and magazines, I come across some wacky and some interesting stuff, but this one thing I read I did find interesting; it was about special or high end credit cards.

These credit cards are offered only by invitation to the very rich and have some unique perks associated with them.

The cards are offered by private banks to the very wealthy and rich and some have pretty steep fees each year to keep the card as well.  But some refund the annual fee if you spend a certain amount on the card, say £50,000!

But when you think about it, if you are super rich and travel a lot, you can spend 50K, and having the card sure beats having to carry around a wad of cash on you; which may not be too safe these days.

Some of the perks are 24 hour customer service, OK that is not that great, but if the customer service is available in many different languages, and the customer service has experience in getting service procured such as yachts, complex travel arrangements, such as getting someone famous through airports without being detected, and also access to all the airports private lounges, tis adds up.

One card offers a ‘lifestyle management programme’.  Unsure what all that encompasses, but it has to be quite a bit, and different.

Some of the cards offer exclusive access to sporting events and concerts, some say they also have access to the Olympics.  Pretty cool if you are into that sort of things.

In the US they have the Visa Black Credit Card, made from carbon?  Only 1% of the population in the states will qualify for this card.  Wow, and there are a lot of people in the colonies.

So while the uber-cards are out there, it is doubtful I’ll see any of the card holders contacting me for debt advice, or looking to do a debt management plan, IVA, or go bankrupt.

Regards,

Jon