Many of us have received pre-approved credit card applications in the mail. The majority of these offers urge you to apply right away, because the offer has an expiration date. Applying for a credit card before you shop around for the best deal is never a good idea. You could end up with a credit card with a high interest rate, or perhaps an annual fee you must pay.

There are many terms you must consider before opening a credit card account. The first term you will need to consider is what the APR of the card will be. An APR is the annual percentage rate of the card