What ever pliers you buy, make sure they can cut hooks. I have my Klein electrician's pliers 9" blunt. I never tried to cut a 5/0 hook, but it cut the 4/0 hook that went through my left index finger, allowing the fishing trip to continue versus stopping and heading in. I also have a Klein 12" needle nose for getting the hooks out deep in a fish.
Keep them sharp and lubed.
I would also recommend getting a belt sheath or tether to keep it close at hand.
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