Article by





Here’s How You Pick The Best Credit Card Fit For You


2017-02-02 05:08:14
Picking your card can be a real chore. The variety is more than boggling. There are specialized deals, dedicated offers, terms and conditions that go beyond the understanding of a mere mortal.

I sometimes even wonder if the guys who created these rules knew what they were writing or, perhaps, they had a lot of sheets with random sets of materials on the floor and then they let a chicken loose and whenever it laid to rest was considered as a pivotal element of the banking system.

Sure enough, effectify.com service can save the day, but we should really start with covering the basics.

Fitting card

A card that fits like a glove isn't just an offer. It must be a deal you can handle well. Some cards are really pricy. Few first timers can afford them. So here's what you should really pay attention to:

  • Fees. Cards with a lower fee don't cover many risks. If you are 100% sure you will cover the debt in time and in full than consider going for the lower fee ones. Otherwise they may prove as too risky.

  • Awards. If you set your mind to paying the balance in full every month after all – consider a card that has decent loyalty rewards. This way you will be able to win some money back.

  • Rates. The lower the rate on the card the higher are the fees you pay. They are beneficial for those who will use a card regularly. This way you will save more on a rate than you will lose on a fee.


    Spending limits

    You must always know about the spending limit and you should do your best to minimize it. The bank can give you a juicy deal but remember – that money are not yours and you will have to pay them back sooner or later. It's best not to cross the line.

    I even advise you to decrease the limit and adjust it to your needs than simply go with what the bank is currently offering. This is a wise step you will be thanking me for later on!

    Check out the math

    See how the bank is calculating their interest. You will always pay the bank with more money than you took. The only difference is will that more be a 10% total of a whopping 65% if all the fees and rates are added up!

    That's it. You now know all there is to know and you can safely apply for a credit card. Just remember to play it smart and you will end up with an impressive credit history and a plethora of newly opened opportunities.




  • have your say


    more in Money
    10 things to consider when Christmas shopping
    Here’s How You Pick The Best Credit Card Fit For You

    There are many things to keep in mind when Christmas shopping for family and friends. Shopping can be challenging, but there are a few things that you can do to keep the stress to a minimum and make the gift buying process a little easier.

    Bundling Services to Lower Your Monthly Expenses
    Here’s How You Pick The Best Credit Card Fit For You

    Finding ways to save money is something most people have in common. The good news is that even if you think you are already doing everything you can to reduce your monthly expenses, there are some creative ways that can use to reduce your bills even more. Most companies want to keep you on if you are a loyal customer.

    On Pursuing a Career that Makes a Difference
    Here’s How You Pick The Best Credit Card Fit For You

    Whether you have an undergrad degree in public health or in nursing, biology or literally any of the medical or social sciences, you may want to think about pursuing a masters in public health online degree program.

    Lottery winners need a cool brain and cold enough heart
    Here’s How You Pick The Best Credit Card Fit For You

    Millions of people around the world hope to win big. They play the lottery weekly and while the odds of winning the jackpot are low, some of them do win. Yet, many of the people regret it afterwards for one reason or another.

    5 Sure Ways on How to Lower Your Monthly Expenses
    Here’s How You Pick The Best Credit Card Fit For You

    Who doesn’t want to save money these days? You may be one of the many people looking for ways on how to slash your monthly bills.

    Paypal offers its users some more headaches
    Here’s How You Pick The Best Credit Card Fit For You

    Paypal is having problems with withdrawals. According to a post on Paypal Community, there was an update during the weekend (July 9-10, 2016) and something went wrong. That's what was answered to someone after they called in to complain about problems with withdrawals.

    Mega Millions - a True Competitor for Powerball?
    Here’s How You Pick The Best Credit Card Fit For You

    Money. It's something most of us doesn't have in adequate amounts, while others just feel they don't. People say that money can't buy happiness, and it's a true statement, but to end it there, it wouldn't be right. Having enough money can make your life a lot easier if you're a smart enough person.

    PayPal Alternatives for Secure Online Payments
    Here’s How You Pick The Best Credit Card Fit For You

    Almost everyone would have heard of PayPal by now, as it has become one of the most popular online payment systems in the world. It is used by freelancers, business owners and those simply wanting to do a little bit of online shopping.

    Are you looking to increase the value of your home?
    Here’s How You Pick The Best Credit Card Fit For You

    If you're maybe thinking of selling your home and are not sure what could you do to increase the value of your home, ELC Roofing has created an infographic for you to give you some insight into the topic.

    Consumer Trends research in UK: What do people spend on these days?
    Here’s How You Pick The Best Credit Card Fit For You

    Living your daily life needs money, but in what areas have the expenditures changed a lot, and in what areas almost not at all?

    thecheers.org

    Welcome to TheCheers! We've been around for a long time now, since 2004, publishing articles by people from all over the world. Roughly 300 people from 30 different countries have written for us over the years. Should you want to become a volunteer contributor, be sure to contact us!

    Random
    Entertainment Blogs
    get in touch

    You can contact us via The Cheers Facebook page or The Cheers NEW Twitter account.