2006-10-11 04:29:38 · 11 answers · asked by shirley p 2 in Business & Finance ➔ Credit
try, moneysavingexpert.com.
He knows his stuff!
2006-10-11 05:35:00 · answer #1 · answered by ? 4 · 0⤊ 0⤋
there is no best deal, but a lot of best deals which change all the time. A credit card with a very low APR, even if only for 6 months is great, but then you have to switch your balaance to another one, or pay it off. So, navigate between 4 or 5 of them, only using the "cheap" one until you have to change.
Otherwise, check within the (usually with fees) possibilities to see what you can get on the side. Some companies give you free travel insurance, or one extra year warranty on your purchases, or medical coverage abroad, etc.. Even with $100 fee a year, it can be a bargain if you use their specific services.
The fun junk, airmiles, etc, is not worth much. Even the payback discount is often easily matched by a store so that you will not use that cradit card. Don't forget stores are the ones paying for it at the end, between 1 and 7%. Sometimes the best deal is to offer them to pay cash and get a discount.
Check the company policy about missed payments, or late ones, and as said before keep switching from one to the other.
2006-10-11 11:46:16 · answer #2 · answered by tiger_the_prince 2 · 0⤊ 0⤋
There is no best credit card. The majority of credit cards are owned by only two banks: JP Morgan and Bank of America. If you search on any credit card offer you see, in the fine print you will find that all cards are owned by these banks. This also includees Discover. It took me awhile but Discover is owned by Stanley Morgan which is just another subsidary of JP Morgan. Now that these two banks own most of the cards, they are doing nasty things to peoples credit. They are raising interest rates for no particular reason. My friend's rate went from 11 to 28% because she was only making the minimum payment. She had no late payments and no bad history with the company. Look at all the fine print that you need a magnifying glass to read because therein you will find the truth about what you are applying for.
2006-10-11 11:40:02 · answer #3 · answered by juncogirl3 6 · 0⤊ 0⤋
Because of the different category percentages, tiers, limits, etc. of cash rebate cards, the best cash rebate card for you is a function of how much you spend in various categories each year. By categories, I mean, for example, gas, groceries, restaurants, utilities, etc.
Because there are so many different cash rebate cards with different rebate structures, the analysis required to find the best card is not trivial. And if you're interested in carrying more than one card and using each card for its strong suits to get even more cash back, then the analysis can get downright scary.
However, there is a free tool online that will do the number crunching for you and show you what you could expect to earn in cashback each year from the leading cash rebate cards. It'll calculate the best combinations of cards for you too. It's at http://www.creditcardtuneup.com/ .
2006-10-12 03:21:27 · answer #4 · answered by moviegoer_j 3 · 0⤊ 0⤋
Citi Dividend Master Card and Chase Cash Plus Rewards card. They both give you 1% off everything but 5% off groceries, pharmacy, and gas.
It mightnot be advertised, you have to call them up and see if you can get it or convert an existing card to it.
They both have $300/yr cap. If you are a big spender, look into Amex card, they have a reward card with no limit.
2006-10-11 11:34:55 · answer #5 · answered by roger_v_kint 3 · 0⤊ 0⤋
Amex with rewards. It also helps prevent you from getting into the revolving credit trap that so many are stuck in now. You pay off the card every month.
2006-10-11 11:37:21 · answer #6 · answered by Spectral_one 2 · 0⤊ 0⤋
Definitely Capital One. You can't beat the security and service.
2006-10-11 11:37:29 · answer #7 · answered by COURTNEY R 2 · 0⤊ 0⤋
Anything with 0% interest and no annual fee.
2006-10-11 11:32:32 · answer #8 · answered by Anonymous · 0⤊ 0⤋
0%
2006-10-11 11:32:27 · answer #9 · answered by Luckys Charm 4 · 0⤊ 0⤋
None. Live within your means. Debt enslaves you.
2006-10-11 11:37:57 · answer #10 · answered by GJ 5 · 0⤊ 0⤋