There are plenty of enticing offers for credit cards out there, but no card is one-size-fits-all. Some credit card users may benefit most from a low interest rate so they’re saving more over time. However, frequent travelers might make better use of a rewards card with travel benefits, while shoppers may prefer the convenience of cash back. With all these choices, it may feel overwhelming to decide which card is best for you. If you’re looking for the right card to match your spending habits … [Read more...] about Choosing the Best Credit Card Among Low Rates, Rewards, Cash Back
Alex McElyea
What to Consider When Making a Balance Transfer
When you have high-interest credit card debt, making monthly payments can feel a lot like chipping away at a mountain with a hammer and chisel. If you’re paying the minimum each month, most of your money likely goes to the interest, meaning it can take years to make notable progress on the principal – the money you borrowed in the first place. If you’re carrying a balance of $5,000 on a credit card with a high 22.99 percent Annual Percentage Rate (APR) and paying $150 per month, over $95 is … [Read more...] about What to Consider When Making a Balance Transfer
