Of Course There is a right credit card for you! Read on.
We’d like to believe there are 3 kinds of people in the world – frequent credit card users, the careful ones and non-believers. We are here to UNITE the world. Contrary to popular belief, there just might be a right card for everyone. Here’s how to choose:
High annual fees can nullify all the benefits that you get from your card in a year. However, many credit card companies have a pre-defined minimum spending limit that is used as a threshold for waiving the annual fees. Does this work in your favour? Think about it.
Annual Percentage Rate (APR)
APR is a numeric representation of your interest rate. When deciding between credit cards, APR can help you compare how expensive a transaction will be on each one. If you make complete payment on or before the due date, no interest is charged. If you make a full payment on your outstanding bill every month, the APR shouldn’t be much of a factor.
Often overlooked, customer care service can play an important role during your journey with the card. If you want a hassle-free card operation, always opt for a credit card that has world-class customer service. Hello?
Although most card providers offer an almost similar range of grace or interest-free period (usually ranges between 45-55 days), having an additional 4 days can sometimes make a big difference. You might prefer a card with a grace period of 52 days over a card that provides an interest-free period of only 45 days.
The points accumulated over a period of time can later be redeemed for cash back, air miles, goods and services depending on the reward program on your credit card. Check how flexible the redemption process is and if it works in your favour. You should pay attention to all these terms and conditions before you pick a card.
Yes, we make matches and are pretty good at them too! Don’t wait! Apply!