Congratulations the Standard Card is right for you!
Maybe you just need a card for emergencies or maybe you like to spend money? Either way, having a credit card is risky. Having more then one can be even more of a disadvantage. Credit cards are problematic because they can be stolen. If they are stolen you can call the credit card company and have them cancelled but that doesn't mean that it's over as demonstrated on this website.
When a card is stolen numerous things can happen including identity theft and the development of bad credit ratings. Thieves can get their hands on your private information from various places. Putting oneself at risk can happen by being involved with too many financial organizations.
But criminals are not the only ones taking your money without asking. The credit card companies do it too. Who ever reads the fine print? According to PBS's documentary called the Secret History of Credit Cards, card companies in the United States can raise your interest rate after being an hour late for a payment.
Reading the fine print when applying for a card and accessing monthly statements can make all the difference. In fact, it can never hurt to ask your credit card company how you can lower the amount of interest you pay.
Tips on preventing identity theft. http://www.idtheftcenter.org/preventiontips.shtml
Excerpt: In 1987 Robert Townsend charged $100,000 on his fifteen personal credit cards to finance the production of a major motion picture, Hollywood Shuffle. It was a big risk, a desperate gamble that the movie would be successful and pay off the bills. It worked. http://www.americanheritage.com/articles/magazine/ah/1991
/7/1991_7_125.shtml
Statistic about how much credit card companies make. http://www.cardweb.com/cardtrak/pastissues/feb04.html
Excerpt: One of the most creative techniques is something called "universal default." If the holder of a credit card timely pays his credit card bill but pays the phone bill, for example, one day late, then, thanks to modern technology, the bank can find out about the late payment and increase the interest rate on the card holder's unpaid balance.
http://www.counterpunch.org/brauchli12162004.html