Expert advice on how to pick the right credit card for you [Video]

(InvestigateTV) — There are more than 1,500 credit card options available to Americans, according to WalletHub, making it difficult to choose the right one for you.

There are several different ways to approach choosing a credit card and one of the most popular is picking the offer with the lowest APR or annual percentage rate.

APR is the interest charged on any balance that is carried over more than one billing cycle, or that is not paid off each month.

If a balance is paid in full each month, the APR doesn’t matter.

Cherry Dale, a financial coach with the Virginia Credit Union, said it certainly doesn’t hurt to look for a card with a low APR, just in case.

“Watch out for what we call teaser rates. Where they say, ‘Okay 0% now but then after three months it will go up to 30% after six months,’ it’ll go up,” she said. …