t’s difficult to rent a car or buy a plane ticket without a major credit card like Visa (V), MasterCard (MA), or American Express (AXP).
We’re living in a world where cash is no longer king. Credit cards offer convenience, but the flipside is often higher interest rates, new fees, and shorter payment deadlines.
New and seemingly ever-changing rules make it difficult to manage your account and maintain a solid credit rating. So, shop around for the best deal on a credit card. Wells Fargo (WFC) and Bank of America (BAC) offer convenience, but regional banks such as M&T Bank (MTB), PNC Financial (PNC), or KeyCorp (KEY) may offer better terms.
via Seven Ways Your Credit Card Can Rob You Blind-Minyanville.