Credit Cards

We want to hire a credit card but do not know which to choose. There are different credit cards and many variants. When it comes to choosing a credit card, there are several things that need to be taken into account to make sure that we are choosing the credit card suitable to our needs. Find a credit card analize and consider the information we show you below. Relevant information before hiring a credit card.

1. Champetas type interest rate should be an important factor in making the decision about which credit card contract. Depending on the type of applied interest, can have important differences in the amount to pay each month. There are many options, from basic credit cards and low interest cards premium, Platinum… The difference is in the credit that we will give, in the rate of interest that will apply us and the characteristics of the contract. Main characteristics that we should check: Commission to withdraw money from ATMs outside the entity.

Banks do not want to use credit card to withdraw money, prefer that we use it to make purchases because that way they are charging an amount to the establishment where to make purchases. Rate of interest for deferred payment. When we make a purchase with our credit card, we must return the provisions of credit at end of month. If the Bank sees that there is no money in the account linked, we will collect the interest rate applied to credit provisions. 2. FREE PERIOD OF INTEREST. This is a very recommendable feature that can save us enough money, if we pay the balance provided in its entirety. Many credit cards offer a grace period of interest which can range from 30 to 60 days. Keep in mind that taking money from ATMs does not offer this feature. 3 Fee ANUALEsta fee varies greatly between different credit cards.

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