credit cards can play a dual role in the lives of cardholders
Miami, FL (PRWEB) January 15, 2017
National Debt Relief recently discussed in an article published January 1, 2017 some of the ways consumers can save money with their credit card use. The article titled “Credit Card Tricks –The 7 You Need to Know to Save Money” looks at tips that would help people use and manage their card activities better.
The article starts off by explaining how credit cards can play a dual role in the lives of cardholders. Much like a double-edged sword, it can be a friend that helps people manage their finances better. However, it can also be the reason why consumers can find themselves in debt trap.
WIth this, the article shares that using sign-up bonuses can help consumers save money with their credit card. There are lenders that provide cash back rewards with the card. This means that people get back a certain percentage of the amount they charge on the card. There are instances where lenders give out cash rewards as a sign-up bonus. These can be great sources of extra funds to save money.
The article also shares how using different credit cards can help people save money with their purchase. The idea is to know the strength of each card and use that to their advantage. If they need to buy something unplanned then a 0% interest card can help them stagger the payment without being slapped with interest fee and other penalties.
Credit cards can help consumers save money by protecting their cash whenever there is a problem such as fraud. With cash, people lose it instantly when they fall victim to scrupulous plans of thieves. The same can be said with debit cards because it is connected to their checking accounts. Credit cards have safeguards in place that helps protect consumers from having to pay for purchases they did not make.
To read the full article, click https://www.nationaldebtrelief.com/7-great-credit-card-tricks/