All you have to do is use it responsibly. And because of the great demand, every day brings more and more options of 'plastic' in the market. Faced with such variety, it is difficult to know what we need, even more than half of consumers admit they do not have the best, but the lack of information prevents from knowing what is right for your needs of your personal financial planning.
The main thing you should do in choosing a credit card is read carefully all the terms or agreements which are located in the application sheet. Beware also the promotional programs sentence that usually are marked by an asterisk. Because the descriptions are written with a very small letters and placed at the end of the application and even barely visible!
However, before applying for a credit card, some factors have to consider before deciding to choose the credit card. There is no good or bad credit card. It is best to choose the right. To do so, collect full information on the options at the market and then compare. The choice of program that best fits your situation will depend on several factors, including: Age, Rating (index), Expenditure needs (how much you need), Payment structures (how you will pay), Special Interests, Current number of credit cards, and Income (how much money).
Thus, what credit card that suitable for me?
Before applying for a credit card, the following tips are some important points to consider:
1. Access
Try to select the credit card which has a wide network of acceptance and authorization. And also its recognized throughout the world. Usually the big names from the credit card issuer could express its international reputation level.
2. Cost/Fee
The amount of annual fee and interest rate for each credit card is different. A market leader is usually set the annual fee and interest rates higher that other cards. But it is also worth by the completeness of its facilities. To be sure, you have to see to get the best fit with the money that you spend. Thus, choose a credit card with annual fee and the interest rates amount properly in accordance with the facilities that you will get.
3. Service
Choose a bank that can provide a complete service includes service information, complaint, problem solving and ease of payment for 24 hours. Information and complaints such as bills, blocking and card payment details. Ease of payment is also very important. Choose a credit card that gives the payment points facility, or place of payment, or how payments can be accessed easily and quickly, anytime. For example, through ATMs, the Internet, or through the phone.
4. Security / safety.
Choose the credit card that has the facilities of photo card (image on card) and digital signature (signature is printed on the card). These facilities would at least minimize the crimes possibility of your credit card. Also choose the credit card that equipped with various insurance facilities. Such as travel insurance, purchase of goods insurance, or credit shield. The purpose is that you can do to anticipate of various financial risks that may arise during the use of credit cards.
You could also consider a secured credit cards. Which is for those who have a poor credit history.
A credit card means a responsibility and an obligation. If you know the reason you want a credit card, knows how the process of the cards, and select the one that best fits your situation, you can avoid the pitfalls of debt management. Be responsible for your credit card while enjoying the benefits of having a credit card. You may also consult a professional financial adviser if necessary. To make sure that your credit portfolios of your personal financial planning are good enough.
Make sure that we understand of what we need before applying for a credit card.
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