Sunday, February 04, 2007

A cash back credit card?

This is news to me. I have not heard so far about a cash back credit card.

As such through credit cards, we get unsecured loan with a free credit of up to 50 days. And the payback facility is also very convenient with just having to pay only 5% of the total due.

Card guide says that if we manage to clear our credit card balance every month, a cash back credit card may be the right choice for us. I suppose it will be given as some kind of reward for remaining debt free at the end of free credit period.

I never fall in to that fortunate category though I do that whenever I consolidate my credit card loans. In essence, I will clear two credit cards’ dues fully when I accept a big loan from the third credit card. What a vicious circle! But then, that’s how the life is now.

It used to be said that there were two certainties in life – death and taxes. Today you can add a third – credit. Today, it is almost certain that at some point during your life you are going to need to apply for credit. Source: cardguide.co.uk

A popular credit card choice is now a 0% credit card which offers a 0% interest rate on any purchases that you make, great for any spending spree.

That should be a nice option. In fact more options are offered at Cardguide.co.uk where one can compare credit card offers and choose the most suitable one. At the same time, one can learn a few important finance tips from the articles published in their website and can try to manage their funds more efficiently.


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