It All Depends on Your Profile and Goals
December 5, 2009 by admin
Filed under Citi Credit Cards
Let’s face it. Even as many consumers have said that are planning to leave their credit cards at home, many more are still planning to use their plastic to make purchases. While this is a choice that could have some benefits if you like rewards and cashback, it is also one that could set you back financially if it is done incorrectly. Luckily the people at SmartMoney.com have given us many scenarios to keep everyone on the right track in an article entitled, "The Best Holiday Credit-Card Strategies".
Within the article the scenarios are given for different types of people that have different financial profiles and goals. The profiles that are listed include:
- Those seeking to improve his/her credit
- Those wanting to be debt-free
- Those seeking to benefit from rewards
- Those looking for the best discounts
- Those whom will be traveling this holiday season
Like any other time of the year, there will be many options to save money by both using your credit card and by keeping it at home. The most important thing making sure you are not paying more than you had originally thought by allowing interest to accumulate or in the form of fees.