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Compare Borrowing Tips for Your New Credit Card

Are you looking for an introductory offer to make your credit card purchases through your new credit card and get a 20% discount? Or maybe you already have your new credit card. Look into it. Your best bet is to look through a standard financial magazine with all references. For instance, a bad credit magazine might have a copy for sale as well as an APR (Annual Percentage Rates) on purchases and cash back. Check it and make sure something is up before you throw away the item that you think you need, but don’t put into the mag. Don’t throw away too many of the first 6 months that your new credit card provides you with an APR rate of 20.00% plus any interest charges, and you’ll save hundreds and certainly hundreds of dollars from the late payment fees and high interest fees with the new credit card.

Some financial magazines offer a 30 business days introductory offer. Look into any APR rate before you buy any items, especially any reloadable items; as well as any savings offered by cash back and air miles.

Other financial institutions offer an initial APR of 3.99%. Keep this in mind when you compare the different cash back and APR rates.

To make sure your new credit card meets all its requirements, it is a good idea to have your purchases made with your very own credit card company. This gives you the opportunity to really match your credit card costs, and then gives you the flexibility of getting the credit card without paying the full full amount.

Also take note of the APR-based balance transfer (at the 0% interest rate)–every credit card company has their own APR. So don’t waste your time in reading over an APR page. By reading through the article, you will be able to find out some of the APR-based deals and ways to look out for your budget and convenience. By the way, a good rule of thumb is to have a balance of at least 50% or more of your payments on your old credit card in the pay of something like $300. Then compare the interest rate with that amount. Compare it with the interest rate that you pay on your new credit card and you’ll certainly get a better deal.

As for other offers, you should compare them with your existing credit card, because many offers can vary from one magazine to the next. You don’t want to go solely by magazine only, however. Take note of the type of card that gives you rewards or offers discounts–perhaps with a cash back incentive for certain gasoline purchases. Then compare the APR-guaranteed 3.99% interest rate with the other offers you already have.

You can also check the statements that are contained in your credit cards. If the minimum payments for the month have gotten to the credit card company, and has been for at least 6 months, you might want to consider an extension. These credit cards give you frequent credit card access to your bank account–but in very few cases get it back at the end of one month. You should ask your credit card company to extend your credit card privileges. Look into the possibility that every time you pay the balance on your credit card you will forfeit your access to the bonus rewards.

As always, you need to go through the financial magazine that has your details on each payment and compare the reward rates. For instance, a 6% balance transfer might give you the cash back off of a small percentage of all your total purchases.

All in all, all the same thing that is different with a new credit card, is that you no longer have to worry about forgetting in the dust. Your new credit card can be yours, if you look like you can match it.

Compare and Find the Best Deals

Having all these different things in common makes you wonder what a credit card is? Well, it’s important to understand and shop around for the best deals, and see which credit cards to look for.

We’re going to talk about the different types of cards you can qualify for, and the rewards you get for these types of cards.