New York, NY (PRWEB) February 04, 2014
The planning is finally done, the wedding is over, and it’s now time to start shaping a life together. And one of the major parts of that life is finances. Choosing a credit card can be complicated, but there are some options that are better suited for newlyweds. Today, Creditnet.com, a leading website on credit and credit cards, announced the best credit cards available for newlyweds.
To create their ranking of the best credit cards for newlyweds, Creditnet looked at introductory offers, rewards programs, interest rates, balance transfer terms, customer reviews, and expert opinions. According to their findings, here are the best credit cards for newlyweds.
Balance Transfer Cards:
For consumers who have racked up a lot of debt from the wedding and honeymoon, look into a balance transfer credit card. Balance transfer cards can help consolidate debt onto one card and save money. Consider these options if you want to focus on paying off your wedding debt:
Discover it - 18 Month Balance Transfer
The Discover it -18 Month Balance Transfer card offers 0% intro APR on balance transfers for 18 months and purchases for 6 months. In addition, they have a generous cash back program with 5% cash back on up to $1500 in rotating categories (currently restaurant and movie purchases) and 1% cash back on all other purchases. There are no annual fees, overlimit fees, or foreign transaction fees. Discover it also offers a free FICO credit score on all monthly statements.
Citi Simplicity Card
The Citi Simplicity Card is also a great option for balance transfers with 0% intro APR on balance transfers for 18 months. In addition, they have 0% intro APR on purchases for 18 months. There are no late fees, penalty rates, and no annual fees ever. The Citi Simplicity Card also has direct customer service available 24/7 and a generous credit line.
For newlyweds who aren’t as interested in balance transfers, rewards cards are a great way to start earning cash back and savings. Consider these cards if you want to save money and start building your home together:
Blue Cash Preferred Card from American Express
With the Blue Cash Preferred Card from American Express, cardholders can earn 6% cash back on up to $6000 per year in purchases at US supermarkets, 3% at US gas stations and select US department stores, and 1% on other purchases. Furthermore, members can get 100 reward dollars, redeemable for a $100 statement credit, and one free year of Amazon prime membership after making $1000 in purchases in the first 3 months. Plus, the Blue Cash Preferred Card from American Express has 0% intro APR on purchases and balance transfers for 15 months.
Barclaycard Rewards MasterCard- Average Credit
Barclaycard Rewards MasterCard- Average Credit allows cardholders to earn 2 points per $1 on gas, grocery, and utility purchases and 1 point per $1 everywhere else. There is no annual fee and 0% intro APR on purchases and balance transfers for 6 months. Members can also earn 2500 points, equal to a $25 statement credit, after their first purchase or balance transfer. Barclaycard also offers complimentary FICO scores as a benefit to active card members.
These are the best credit cards for newlyweds on the market today. For more information on credit cards and comparisons, access Creditnet here: http://www.creditnet.com/.
Creditnet is an authority credit card comparison site that offers innovative comparison tools to help users find the best credit card for their needs. In addition, the Creditnet Credit Talk Forum is a community of over 100,000 members that discuss credit cards, credit, debt, and credit repair daily.