There are plenty of enticing offers for credit cards out there, but no card is one-size-fits-all. What’s the best perk to match your spending habits and take your credit card purchases to the next level?
Here’s all you need to know.
If you want to get money back on your purchases, get a cash back card.
Cash back credit cards are just as straightforward as they sound. You’ll get a cash rebate for every qualifying purchase you make. It’s usually a percentage of your purchases. You can apply it toward your balance or cash it out to spend however you want.
If you carry a balance month-to-month, try a low-rate card.
A high Annual Percentage Rate (APR) may not be a big deal to someone who pays their credit card balance off every month. But if you carry a balance for a longer period of time, the interest can really add up. Stick with a credit card that offers a low rate and you’ll save big time in the long run.
If you want cool stuff, gift cards or travel reservations, choose a rewards card.
With a rewards card, you’ll earn points for every purchase. Convert those rewards points into merchandise, gift cards, even travel reservations and experiences for your next adventure. You can also convert your rewards to cash or apply it to your credit card balance.
No matter the card you choose, make sure you work with a trusted lender like OneAZ Credit Union who understands your needs and will help you achieve your financial goals!