Credit cards best dealsEveryone wants credit cards best deals, and today it seems like ALL card issuers claim to offer you these. But what really keeps the most cash in your pocket and gives you the best credit cards deal? Is it a no annual fee card? Is it the lowest APR you can get? Is it a series of 0% APR cards and you constantly playing the balance transfer game like musical chairs? Or is a great rewards or cash back program? If you have ever wondered, read on and discover the truth . . . To understand which card provides the best deal in your individual circumstances will require some self examination. It all depends on what type of spender and credit card user you are. TYPE 1 - THE PAYER: According to recent statistics on credit cards, approximately 30% of card holders pay in full every month. If you are one of this 30% who never carry a balance, then you don't pay interest anyway and therefore don't have to worry about interest rates. You are best off with a no annual fee card with a great rewards program. Another way to benefit is through a card with a long grace period so that you are effectively getting an interest free loan every month.
This is currently rated the #1 card in America by both experts and consumers.
1. No annual fee. 2. A competitive low interest rate. 3. Excellent rewards that are customized for your lifestyle.
For a TYPE 2 the best credit cards deal will vary from time. You need to be a proactive and informed consumer, and do some smart comparison shopping. TYPE 3 - FINANCIAL MAKEOVER: A minority of card holders have, for one reason or another, ended up struggling with credit card debt and need a credit makeover. There are many reasons why this may happen. For example, for 29% percent of low and middle income US households, medical expenses contributed to their current credit card debt. Further, some people get suckered into really bad deals with outrageous high interest rates where it is easy to fall behind. A few people simply overspend because they do not really understand how credit cards work. A TYPE 3 spender may feel like they are in the greatest need of credit cards best deals. However, their main focus should be on how to eliminate credit card debts. If their credit is good enough, a low fixed interest rate card such as a Pulaski Bank credit card may be the best option. Another good strategy is to transfer balances to a 0% APR card. It is important to consider no annual fee cards so that every available dollar goes to pay down debt. However, if your credit is damaged you may not qualify for a no fee card - don't worry. For someone with a lot of debt, a low rate will more than make up for paying an annual fee. Don't think about reward programs or anything other frills that may trick you or tempt you to spend more - it is time to get out from under. Definitely think low APR instead of air miles!
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