How many credit cards do you carry? Are you paying too much?
Be smart when it comes to credit cards. If you use credit cards, only carry a few, and make sure they are the best cards for your money. Today there are so many different types of credit cards and different features that it can be hard to locate the card that offers the best value. In some cases, poor card features can really cost you so you need to be careful. Be careful when it comes to selecting credit cards and using them. Using credit cards too much, not paying them off each month, or paying more than the minimums consistently, can lead to years of unneccesary debt.
Countless banks offer credit cards to consumers through direct mail, magazine or newspaper ads, in-store displays, online, or a variety of other marketing and advertising vehicles. It is critical for consumers to be well-informed regarding these offers and to search for credit cards that provide the greatest benefits and overall value. Now, through an online credit card comparison shopping engine, it only takes a few seconds to compare top credit card offers in any credit card category you are interested in:
- Personal or Business Card
- Low Interest/Balance Transfer Cards
- 0% Introductory Interest Cards
- Reward Cards
- Poor Credit Cards
- Secured Cards
- Frequent Flyer Cards...and More
In addition to comparing features of each card, you can read the advantages and disadvantages of owning each card and you can also read reviews submitted by other cardholders.
It pays to search and compare before choosing the card that's right for you! Be careful, however. Many cards offer low interest rates or no interest as part of an "introductory" offer. After the introductory period, the rate will rise. This is quite customary as part of credit card promotions. In addition, cards normally assess late fees or other penalties that you should take the time to understand.
The bottom line: Credit cards can be very useful and convenient to use, and some even offer consumers cash back and other incentives - but pay attention to card agreement terms. In some cases, high interest rates, late fees, penalties, and other cardholder agreeement terms can be costly.
Comparison Shop and Save Money
The bottom line: Comparison credit card shopping for the right card can save you money. Do you want a low interest card, a balance transfer card, a cash back card, or one the offers frequent flyer miles or other popular incentives? Today, you have more choices than ever. It's up to you to make the right choice: Use credit wisely, buy what you can afford, and do all you can to pay off your cards each month.