Most everyone trusts the independent product opinions of ConsumerReports.org. In the October issue, which is now in newsstands, Consumer Reports gives their opinion as to the best and worst credit cards for consumers. Without question, they reference that the industry is changing and card holders will experience shifts in their accounts.  

According to Consumer Reports, a list of some of the best and worst credit cards are listed below.  

Best Credit Cards:  

Worst Credit Cards:  

In order to counteract modifications to your credit card count, Consumer Reports recommends that regardless of your credit, you should contact your credit card company. Greg Daugherty, Executive Editor of Consumer Reports, mentions mentions "Some issuers have doubled or tripled interest rates even on those with good credit and an account in good standing."   Some tips that Consumer Reports recommends for sound credit card management are:

(1) Consolidate to lower interest rates on credit cards with balances near their credit limit

(2) Review letters from credit card companies that look like promotions, but in actuality have account changes in them

(3) Call your credit card company on a routine basis, just to check in

(4) Consider your local bank or credit union as a credit option - they are offering interest free products to lure new accounts