5 of the Most Commonly Asked Credit Card Questions.

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Presentation transcript:

5 of the Most Commonly Asked Credit Card Questions

Which Credit Card is Right for Me? Some people opt for a secured credit card, as they need to build up their credit score before moving onto a more traditional offer. Others are most interested in rewards credit cards, as they want to get something in return for the money they spend.

Why Was My Credit Card Application Denied? No Credit History Credit Score is Too low Not Enough Income

Is it Okay to Make the Minimum Payment Each Month? From your point of view, it’s best to pay your balance in full each month. This allows you to avoid interest charges, while better managing your credit card and finances as a whole

What is the Appropriate Number of Credit Cards to Carry?

What Fees are Associated with My Credit Card? This differs based on the credit card you’re carrying. For example, some credit cards don’t have an annual fee, while others charge $100+ every year. For a full list of fees – such as late fees and foreign transaction fees – contact your credit card issuer. This allows you to take steps to avoid common fees.

Conclusion