Informative credit card guides and money advice on what to look for when choosing a credit card and borrowing money at the best rates.
What to Look for When Choosing a Credit Card
There are lots of credit cards available in the UK. But choosing a credit card that is right for your financial needs is not something to rush into. Credit card guides can be a good way to manage your money more effectively and help you make the right decision.
There are many things to consider when choosing a credit card. The monthly repayment costs, the APR, how much interest you will pay and annual charges are very important. Other credit card charges, such as transfer fees for moving your money from one card to another, are also financial considerations that you need to think about when looking for a new credit card.
Finance Daily Money Guide Tip: Always look at the overall costs for the credit card you are looking for, not just the APR. APRs can be manipulated to look like you are saving more money than you really are and often, even despite the extra charges, credit cards with annual fees are a more cost effective way to manage your money. Also, it always pays to compare credit card providers before you commit. You can do that on the link below.