Is there such a thing as a good credit card? It can be good if you benefit financially from being the proud owner of one.

Money Beagle wonders if the Costco American Express True Rewards credit card will be a good fit for him and his wife. This card offers a rewards program that gives a yearly certificate toward an in-store Costco purchase after you earn 3% on gas purchases (4% if it’s the business version of the Costco Card), 2% on other categories (such as restaurants) and 1% on everything else. If you’re a Costco member, there’s no annual fee on the card.

This sounds like a good card for his family, since they are already Costco members and do a bunch of shopping there. Obviously, if you choose to go with a card where most of the perks revolve around a certain store or restaurant, you’d best be a good customer to make the most out of your perks.

I’m a fan of my Chase Sapphire card, which is one of the best credit card dealsI’ve found that benefits me and the way I spend money (you can find the credit card deal that suits you best via comparison sites like http://www.comparethemarket.com/credit-cards/). Since I don’t use my credit cards for the typical gas purchases and restaurant tabs, this card is a one-size-fits-all for me, as I earn 1 point for every dollar spent on purchases. Sometimes, there are bonus points for viewing a Chase promotional video or other customer-driven interaction.

Instead of using my points on gift cards or baubles, I’m able to use them to reduce my credit card balance, which is exactly what I did this week — $60 came right off. My Capital One Rewards credit card points can also be used in the same manner, but only after I meet a certain threshold of 5,000 points. The Chase Sapphire threshold is 2,000, I believe.

But the best credit card deal I’ve got going is definitely my FIA credit card, with a paltry 6.24% interest rate — that’s half of what my other two major credit cards are charging in interest. And I’ve got a stellar, near-800 credit score (or above, depending on the credit reporting bureau). So if I’m going to carry a large balance for more than a month or two (think new furniture or the medical bills from Baby Frugalista’s birth), I’ll put it on the FIA card.

Of course, there’s always something: I just received a notice that Bank of America (gasp!) is taking over my FIA card. I’m not thrilled about this development, but we’ll see how it shakes out. Hopefully, it will still be the best credit card deal in my wallet.

Do you have a go-to credit card? What makes it stand out for you?