Credit cards can be a useful tool or a “dangerous weapon” and most of this depends on the user. The top credit cards available will be counterproductive if you spend beyond your means. However if used correctly a credit can be a convenient and efficient payment method.

The struggling economy and the ongoing mortgage and job crisis may be affecting your credit cards since issuers are likely to raise rates, change terms, and lower credit limits. The following are fundamentals of credit card usage that can help anyone avoid the negative aspect of credit in your wallet:

1) Read the fine print - Credit card terms and conditions are quite challenging to read, being comprised of some legalese, so use the Wells Fargo credit card glossary to help you get through the terms.

2) Look at your statements every month - Go over fees, interest rates, and of course due dates, since they are all subject to change and make sure to be on top of these. In addition, be vigilant for credit card fraud which should be reported to the credit company immediately.

3) Never shy away from contacting customer service to dispute a charge, ask for a rate reduction, etc’

4) Your Credit company will send you offers from time to time so make sure to know exactly what services they are trying to sell to you, such as extra insurance, fraud protection, etc.

5) Pay your bill every month in full before the deadline. Using credit cards and paying the balance every month is equivalent to getting a 0% loan. However, do remember that credit is a tool that allows you to use the money you already have in a more efficient way. Basically, avoid getting into the black hole of debt.

The website extracredicards.com is a consumer guide to online Credit Card Offers. Some of the featured cards offer cash back, air miles, prepaid cards, cards specifically for business and other offers. You can view the offers on the site as well as the related articles on such topics as finding low interest credit cards, online credit card deals, etc’.