2007-03-01 04:42:25 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
Citicard Platinum if you're going to pay-off your balance each month. You get 5% on groceries and pharmacy, and 1-2% on all other purchases. Also, they run 'specials' every once in a while to earn 5% on other types of items/services. This is an excellent card! I have no complaints.
2007-03-01 04:51:00 · answer #1 · answered by Jenn B 2 · 2⤊ 0⤋
Reward credit cards reward you depending on the amount you spend on the credit card. Usually, you can collect rewards through 3 methods. One method involves earning cash back on the card, which is generally a certain percentage of each amount you spend. The next method involves giving points or any other type of token to the customers to accrue. They can then redeem these points for gifts like luggage, cosmetics and other goodies that the credit card company offers. Most of these reward schemes have alluring gifts and huge variety of selections. But the better option is to go for a cash back reward as it allows you to use the money any way you like.
The last method of reward is giving airmiles. Airmiles are highly popular reward, since many customers prefer to redeem them for free flights or flight upgrades to business or first class tickets. Whatever type of reward credit card you go for, carefully note the amount or rate at which rewards will accrue. E.g. some credit cards will give you one air mile per pound you spend while others will give you four. This is a major difference. Also read carefully other terms and conditions.
2007-03-02 07:34:09 · answer #2 · answered by hendy h 2 · 0⤊ 0⤋
The best credit card is one that is snipped into little pieces and thrown in the landfill. Why? No 30% interest charge and no ripoff fees and stuff.
Now watch below me as people tell you how smart it is to borrow money at 20-30%.
2007-03-01 12:51:43 · answer #3 · answered by steve.c_50 6 · 0⤊ 0⤋
Steve-- only people with bad credit pay over 20%, and incredibly bad credit near 30%. I pay 11% and ussualy keep balances low so I end up paying very little in interest per month.
Sounds to me like you have screwed your credit and now want to blame credit companies because they view you as a high risk
2007-03-01 13:26:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Many legitimate and ethical websites allow you to compare credit cards such as Yahoo Finance, etc. It really depends on whether you want low or no interest, low or no annual fee, or whether you are seeking rewards such as points or miles. www.bankrate.com is fairly objective and a good source of information concerning this topic.
2007-03-05 12:42:05 · answer #5 · answered by Evan B 2 · 0⤊ 0⤋