DailyMarkets.com Announces Winners of Best Credit Cards 2012 Guide

NEW YORK, Feb. 21, 2012 /PRNewswire/ -- DailyMarkets.com, a personal finance website based in New York that helps people save smarter and invest smarter has just announced its choice of the Best Credit Cards 2012.

To ensure the best credit card choice for US consumers, staff writers and editors of DailyMarkets.com searched through hundreds of credit cards using their smart Credit Card Search Wizard. The result is a list of the best credit cards available in the US organized by categories such as cash back, travel, rewards, business, student cards and credit cards for bad credit.

"Our new guide to the Best Credit Cards 2012 has been put together to help people find the best cards available in the market this year so that they can get the most rewards, travel privileges, discounts and best balance transfer offers," says Grace Cheng, founder and CEO of DailyMarkets.com. "Some of the best credit cards listed here offer signing bonuses of 30,000 points, and some even offer 21 months of 0% annual interest rate when making purchases and balance transfers."

"Most credit cards in this guide have no annual fee, and most of them offer special perks and bigger rewards when making purchases in certain spending categories," says Grace Cheng.

DailyMarkets.com has organized the winners of the Best Credit Cards 2012 in these 7 categories:

Best Cash Back Credit Cards. Cash back credit cards reward people with cash rebates when they make their everyday purchases. They sometimes offer higher rebates in select categories, such as gas or groceries. The highest-rated card in this category offers a signing bonus of $200.

Best Hotel and Airline Credit Cards. One of the winners in this category rewards cardholders with 30,000 bonus miles when they spend $500 in the first 3 months.

Best 0% Balance Transfer Credit Cards. Some of the winners in this category offer 0% APR on balance transfers during the first 21 months so that cardholders can repay their debt interest-free.

Best Rewards Credit Cards with no annual fee. The winner in this category offers 30,000 points as a signing bonus and rewards cardholders with up to 10 points when shopping online and 2 points for every dollar spent on dining and travel.

Best Business Credit Cards with no annual fee. The best business credit card this year offers $250 cash back bonus and up to 5% cash back bonus on certain categories.

Best Student Credit Cards. One credit card here offers 0% introductory APR on purchases for 7 months, $75 statement credit, and up to 5 points for every dollar spent on certain categories.

Best Credit Cards for Bad or No Credit. Credit cards in this category report automatically to the 3 major credit bureaus in the US.

About DailyMarkets.com
DailyMarkets.com is a New York-based personal finance and investing site founded in 2008 by Grace Cheng who was named as one of the 'new kids in cyberspace' by Financial Times in 2007. DailyMarkets.com has an exclusive personal finance section, with a special emphasis on educating US consumers about credit cards and helping them find the best credit card for their needs. Find the best credit card in just seconds using DailyMarkets.com's unique Credit Card Search Wizard. For more information, visit DailyMarkets.com.

SOURCE DailyMarkets.com