A credit card allows you to make cash-free transactions.
Composing graphs and charts can help you compare a variety of credit cards and credit card offers in a methodical, easily comparable and organized manner. Create a different graph for all the cards on the different details of the cards. Choose the graph that will best represent and present the necessary information. By laying out all the complex intricacies of the cards in graph and chart form, you will be able to clearly evaluate which card will be most beneficial to you.
1. Create a bar chart that presents each card’s annual percentage rate (APR) or interest rates. Label each bar with a different credit card and line up each side by side. The higher the bar, the higher the APR. The credit card associated with the lowest bar has the ideal interest rate.
2. Draw a flow chart to reflect the reward points or charitable donations associated with purchases for each card. The starting block for each will be the name of the card. Each connecting block will hold information on a reward program. Some credit-card companies will make a charitable donation for every purchase. Make note of these details as well. The card that has the longest chain of reward boxes will be the most appealing.
3. Create a pie chart for each card that designates how much of each payment will go to interest and how much to the balance of the card. Color the portion that goes to interest red and the portion that goes to the card’s balance green. The cards with the most green are most desirable.
4. Create a bar graph with one bar per card that reflects the credit limit on the card. The card with the highest bar has the highest credit limit. Since having a card close to being maxed out can harm your credit, the card with the highest credit limit is the most appealing.
5. Form a line graph that spans 12 to 18 months to represent the promotional period of the card. List the months across the bottom of the graph and the cards vertically on the left. The card whose line is the farthest right is the most desirable.
6. Create a flow chart that represents any and all fees associated with the card. Start the flow chart with the card name in the starting block. Every block connecting to it will detail a different fee. The card with the least amount of boxes connected to it is the most desirable.