There are lots of credit cards available in the market some of them are offering national and international banks and some of them are offering local and international retail giants such as Sams Club, Walmart, and Carrefour. They all are offering credit cards just because to attract new customers to enhance their profit. Yes, it’s true, but selecting the best credit card is not as easier as you think. I always recommend my friends and colleagues to select the credit card carefully because sometimes it can become the reason trouble for you people if you will be charged with huge taxes. However, if you don’t have experience regarding this then you must read the complete guide. In which, I am going to share the 3 secrets to select the best credit card. My secret tips will not only save you from extra taxes but it will help you to save your money.
Checked Annual Fee
The number one secret is that you firstly check for the annual fee of credit cards before applying it. Many credit cards provider’s charge annual fees from credit card holders and many companies did not charge for the cards. Like Walmart and Sams club. I usually notice that mostly bank charge credit card annual fee. However, if you are going to apply for any bank credit card then make sure that the annual fee should be minimum. Banks like American Express and Citi Bank charge a very minimal fee.
Benefits And Cash Back Rewards
The second most important thing is the benefits and rewards. Whenever you are going to apply for the credit card you must check the benefits and cash back rewards from card description. If the description is not available then you may ask from the helpline and customer service representative. Mostly bank gives timely offers and discounts on different banks and stores for shopping, hoteling and traveling. But if you talk about Walmart then you can get many permanent discounts. As you Know Walmart is the biggest retail company and you can buy anything from Walmart that you can just imagine. However, if you have Walmart credit card then you can get lots of discounts and 5% cash back rewards on your purchases. As well as Walmart does not cut the annual credit card free. You can move at Walmart Credit Card Login Page to apply online.
Many credit card companies charge different type of taxes. Some charge annually, some charge monthly and some charge on each purchase and transactions. That is very hurting. Nobody wants to pay tax if they don’t have knowledge regarding that particular tax. So always confirm all type of hidden and non hidden taxes from customer service representative before applying for a credit card.
These are 3 simple secrets that you must keep in your mind before applying for any type of credit card. Being the financial advisor, I always get the confirmation reading these three things and then proceed for the card. If you are not confirming these things then prepare your self to lay the extra taxes without any major benefit and rewards. I personally save a big amount from my monthly budget due to credit cards offers and discounts. However, I will recommend you to must confirm these things before applying for any type of credit card.