• Competition
from general purpose credit cards that are aggressively marketing rewards cards featuring rebates, airline miles and cash back incentives for items on which consumers spend the most money each month.
While it doesn't offer you a complimentary anniversary night like the Marriott Rewards ® Premier Credit Card, the Starwood Preferred Guest ® Credit Card from American Express offers superior rewards on all your spending — making it a
great general purpose credit card.
General purpose credit card debt totaled nearly $ 662 billion in the second quarter, compared with a little more than $ 582 billion in the second quarter of 2013, according to TransUnion.
Although fixed APRs are almost impossible to find
on general purpose credit cards these days, a few credit unions and regional banks promise to lock an interest rate for the life of your balance transfer.
While it doesn't offer you a complimentary anniversary night like the Marriott Rewards ® Premier Credit Card, the Starwood Preferred Guest ® Credit Card from American Express offers superior rewards on all your spending — making it a
great general purpose credit card.
However, if you don't purchase a lot as well as have no specific needs, you might apply for
a general purpose credit card that gives reward points on every purchase you make on the card.