Good Credit Card Offers

When you’re looking at finding a good credit card, are you looking at the interest rate or are you looking at the perks? Credit card companies are in major competition with each other to get your business. Why wouldn’t they? They typically charge 9% or higher interest rate on the money you borrow on the card.

It’s gotten to the point where they offer you many different things, but one of the biggest things is cash rewards. The credit card company will give you a certain amount of money back on your purchases, usually it’s 1%. It’s not much compared to what they charge in interest rates, but hey, free money is still free money, right? Well, Sometimes.

If you’re the type of person who makes a lot of purchases on their credit card, it sounds like a good idea, but you need to remember that they don’t give you money back on ALL of your purchases. Even if they claim to give you cash back on every purchase, they will only give you up to a certain amount per transaction. Take into consideration that these companies are in business to make money. This is just one of the many ways that they try to draw new customers. It’s a good credit card to have in theory, but they will check your credit rating before they will issue one to you.

Many of these companies have restrictions on how much they are willing to give you back. You need to look over the terms and agreements policy they have (you know, that piece of paper with the very small lettering).

You need to research different credit cards companies to see what they offer. You may be surprised to find a credit card that offers you what you ant and need with a high cash back percentage, few limits on the amount they will give you back as well as instant cash deposits when you make purchases with the card.

So what should your decision be? That depends on what you credit rating is. Some of these cards will give you up to 3% cash back, but if your rating is not-so-good, you may want to get a card that will help you rebuild your credit rating.

Share and Enjoy:

Tags: Credit Card Companies, credit card company, credit cards companies, credit rating, good credit card, interest rate, interest rates, rebuild credit

Filed Under Good Credit Card | Leave a Comment

Tagged With Credit Card Companies, credit card company, credit cards companies, credit rating, good credit card, interest rate, interest rates, rebuild credit

Comments

Leave a Reply

Recent Posts
5 Good Credit Cards You Should Not Close

1. Any credit card that still has a balance.
2. Your only credit card with available credit.
3. Your only credit card.
4. Your oldest credit card account.
5. The credit card with the best terms.
source: about.com

Topics
First Good Credit Card

Establishing a good credit history is not as difficult as it seems. In all cases, however, you’ll need to make payments on time. Some tips include:
* Apply for a credit card through a local store. Local stores are more likely to extend credit to people without an established credit history.
* Apply for a secured credit card. By borrowing against your own money, creditors find this to be far less risky.
* Ask someone with a good credit history to co-sign on a loan or a credit card application. By co-signing, the person is agreeing to pay back the loan if you don’t.
Recent Comments
- tomas1277 on Comparing Good Credit Cards
- chemgirl on A Good Credit Card You Can Trust

Good Credit Card | Good Credit Card Offers