finance

Best Credit Card Offers

2020-09-09

If you’re in the market for a new credit card, here are some of the options available to you and a brief outline of some of the benefits.

So what are the different options for Credit Card deals at the moment?

Depending in your requirements, you can generally choose between Cash Back, No Annual Fee, Balance transfer, Loyalty program e.g Airlines and Low Interest 

Rotating Cash Back Cards 

These will provide you with a cash reward which is credited to your available balance and can be spent on future card purchases. You receive a set amount for purchases whilst also a higher reward for purchases with specific companies and types of products.

No Annual Fee

Means exactly what it says. You don’t pay an “annual fee” as you may with other types of cards 

Balance Transfer.

If you have a current card where the balance is not cleared on a monthly basis, a Balance Transfer card could mean you save money by transferring the balance and usually comes with a 3 or 6 moth interest fee period. This can save you a lot if interest and also enable you to clear any outstanding amount before the introductory period expires. 

Airline Miles

Frequent flyers can earn miles for travel and purchases from lots of outlets.

Low Interest

Good choice if you usually carry a balance over with ongoing low APR rates

Here’s some recommendations for you to check out.

Best “Rotating Cash Back” - Discover it - Cash Back Card

Best “Low Interest Card” – American Express - Cash Magnet Card

Best “ Balance Transfer Card” – Citi - Diamond Preferred Card

Best “Airline Miles Card” – Delta Sky Miles - Gold American Express Card

Best “Low Interest Card” – American Express – Cash Magnet Card

 

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