Friday, September 3, 2010
Credit Card Can Be A Money Saver !!!
Credit card often tempt you to spend a lot,and the result is unnecessarily problem like credit card debt and lack of money.
But today I will tell you a different tale of credit card, you may surprised after knowing the fact that you can save money when you have credit card ! And this card is not for spending a lot it may help you to save money for your future.
At the time of high interest rates when you are using it, you can move the balance to a card having low interest card, or a card having no interest ! Among them some of are even offers 0% interest rate with low interest regular charge. As per example if your present interest rate is 19 % you can move it on another where you will be offered 16% interest rate. So, don't ignore this small amount of saving because it will be a big deal after sometime.
Find out such types of credit card which offers the low interest rate. If you facing a serious money trouble and have no savings you can grab a card having no annual fees. Before making any decision check clearly all the detailed behind a card criteria.
Many reward program s are often held like cash back programs, So keep a close look around, here you may get 5 % off when you shop or spending money frequently and also maintaining lower balance.
Maintain credit card smartly or in a right path to enjoy its value. Go through all details regarding the card carefully.
You must always try to shun away from the drawbacks. If you are smart enough, you will head on the right track. Don't skip the penalty charge part for the late payback case. Remember spending too much is not bad often but always try to grab a smart deal !