CNN.com recently had a very succinct article on the best credit cards out in the market place for different consumer spending needs. I tend to use my credit cards for most purchases, in order to get the reward points or cash back offers. My logic is that I might as well get something back for "free" for all the money I am spending anyway. The key thing is to make sure you pay the balance off in full every month.

I have three main credits cards - one for online shopping, one for everyday purchases & one as a back-up. I was glad to see that the credit card I used for my every day purchases - American Express Blue Cash - was the recommended as the best credit card in its category. Kiplinger's Personal Finance has also ranked this as No 1. for its category.

If you do most of your purchases on it, then it will probably work out well for you as well. I normally spend $2000 p/month on average on this credit card and I get back about $50 per month (you get get 5% back on grocery, drugstore and gas purchases and 1.5% on everything else vs. 1% for the average cash-back card). So, I can definitely recommend this card to folks with similar spending habits as mine. Click here to apply for the Blue Cash from American Express

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