DailyMarkets.com Announces Inaugural Editors Choice Awards For Best Credit Cards Of 2011 In America

New York, NY January 27, 2011

DailyMarkets.com, a personal finance and investing website, has released its first ever Editor&39;s Choice Awards for Best Credit Cards 2011.

To come up with a list of the best credit cards for 2011, editors and staff writers used DailyMarkets.com’s smart Credit Card Search Wizard to comb through hundreds of credit cards in the U.S. with the latest updated offers directly from banks. In addition to awarding the best credit cards in the above-mentioned categories, DailyMarkets.com also highlights the best credit cards for bad or no credit.

"As the employment outlook brightens for U.S. consumers in 2011, competition is heating up once again in the credit card industry to vie for borrowers with good credit," says DailyMarkets.com founder and CEO, Grace Cheng. "Rewards, benefits and features have certainly become more rewarding as a result, and if you have good to excellent credit score, you&39;ll be eligible for the latest best credit card offers, with attractive signing bonus and rewards programs."

"Most of the credit card winners in our Best Credit Cards 2011 have no annual fee. There is definitely a trend towards offering consumers and small businesses juicier benefits and competitive features. Some rewards credit cards even give a $100 bonus to new sign-ups, free hotel stays, or even a free round-trip air ticket!" says Grace Cheng.

DailyMarkets.com&39;s list of Best Credit Cards for 2011 acknowledges leading credit cards in the following categories:

Best Cash Back Credit Cards. Cash back credit cards reward you either in cash or by giving you a statement credit which usually equates a percentage of your spending. Many of this year&39;s winners give you $100 sign up bonus cashback as well as up to 5% cash back on certain spending categories. Best 0% Balance Transfer Cards. Balance transfer credit cards usually give you a 0% introductory APR over a certain amount of months so you can transfer your balance from a credit card with a higher APR to one where you will pay no interest throughout the introductory period. This year&39;s winners have 0% introductory APRs up to 24 months - which is 2 years of no interest payments on balance transfers - and some have 0% balance transfer fee. These are perfect for people who want to consolidate credit card debt and stop paying high interest rates on their existing balances. Best Hotel&Airline Credit Cards. Travel rewards credit cards are a great fit for people who like to travel or who are required to do so for business. This year&39;s winners include an airline card that gives you a free round-trip ticket plus $50 statement credit when you sign up for the card, and a popular hotel credit card that offers many benefits when using their credit card to book a room as well as for ordinary purchases. Best Rewards Credit Cards. Rewards credit cards reward you for your spending with either cashback or points that can be exchanged for shopping vouchers, free flights, gift cards and more. This year&39;s winners give you up to 5 points for every dollar spent on restaurants - including fast food - up to 10 points for buying through certain online malls, and more. Some even reward you by reducing your interest rate when you pay your credit card bills on time. Best Business Credit Cards. Business credit cards not only help businesses with their day to day bill paying and transactions, they can also earn rewards and cash back which equate to savings for the business. This year&39;s winners give up to $100 sign up cash back bonus, up to 5% in rewards on certain spending categories and up to 10% cashback when spending on certain online malls. Best Student Credit Cards. Student credit cards are an excellent way for students to build up a good credit score by paying their credit card bills on time. This year&39;s winners also give rewards or cash back of up to 5% for student spending and some of the top rated credit cards even reward students for good grades. What a great incentive!

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 cyberspaceby 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&39;s unique Credit Card Search Wizard, which is designed to help consumers find the perfect credit card based on their spending habits. Consumers can also browse through the huge selection of credit card offers such as 0% balance transfer cards, rewards credit cards, low interest credit card, cash back credit cards, business credit cards, airline miles credit cards, and more. For more information, visit DailyMarkets.com.