Considering something about cheap credit cards, don't leave yet. To develop a model, a creditor selects a random sample of its customers, or a sample of similar customers cheap credit cards if their sample is not large enough, and analyzes it statistically to identify characteristics that relate to creditworthiness. Then, each of these factors is assigned a weight based on how strong a predictor it is of who would be a good credit risk.
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Which one is best may depend on how you plan to use it. If you plan to pay bills in full each month, the size of the annual fee or other fees, and not the periodic and annual percentage rate, may be more important.