The best online credit card sites have become difficult to find. It’s not that they aren’t there; it’s just that there are so many offering the same thing. Just do a search on your search engine of choice for your particular requirements and you will be rewarded with an abundance of riches. But which of these online credit card sites actually offer the best to you, the potential customer, in terms of service?
The figures almost defy belief. In the United States alone there are currently 641 million credit cards in circulation at the present moment, with 186 million people holding credit cards right now (source: pbs.org) accounting for a staggering $1.5 trillion worth of consumer spending. The best online credit card sites will be responsible for the majority of these, because these will be the major sites for the banks and the credit lenders themselves.
Search for “online credit cards” (i.e. with quotes and therefore looking for that exact phrase) on Google and, at the time of writing, you will be presented with a choice of 556,000 pages on the subject. This is information overload at its most vehement. To filter that down to the best online credit card sites you would need to apply your own special criteria for choice.
But what of the other sites, the sites not owned by the banks or the major lenders? Surely there are other places which offer a Value Added service in addition to the same old “Click Here For A Credit Card” sales patter? Search engines like Google are in the process of helping you out here, because their procedures are seen to be increasingly filtering out duplicate content from the search results in their system. In the medium to long term this will, hopefully, increase diversity and choice for the consumer. It will mean that locating the best online credit card sites will become easier.
This Value Added aspect of the best online credit card sites would probably use a service or technology designed for the Internet. What more appropriate reason to apply for a credit card from the Web than to be able to harness the power of the Web to automate certain features of credit card usage. For example, being able to look at your account online, or be able to order new credit cards or even to make balance transfers to new cards when your present 0 APR period is due to expire. Or what about some other service which can actually save us money? After all, the banks and other lenders are always keen on taking money from us; it would be nice if we found a way of keeping more money for ourselves.
The Internet is about using technology to make our lives easier, not more complicated. One day, when the search engines have filtered out uniformity and the same old sales messages, the best online credit card sites will be the ones that harness that technology to make our use of credit cards and other financial products easier, safer and less costly.