Best And Worst Credit Card Deals Available Nowadays

August 28th, 2010 - 7:39 pm ICT by GD  

By Ranjan Bhaduri
credit-card-debtAug 28, (THAINDIAN NEWS) The credit card companies are again looking for customers and hence people need to be aware about the viable credit card deals as well as the not so lucrative ones. The credit card usage took a nosedive between the years 2008 and 2009. The times have changed and as US economy has recovered better credit card deals are making a comeback for the consumers. The various banks are also offering easier lending options for the people.

There are various types of credit cards and those who plan some huge purchase should look for those cards that come with a 0% interest on purchase introductory offer. One option is the Tesco Clubcard Credit Card since it offers zero percent interest on buying for one year and a month. However, after the period the rate becomes 16.9%. Those who can manage to use their credit cards properly and do not run into debts can opt for those credit cards that come with reward points. One example of this variety is the American Express Platinum Cashback Card. The amount of cash one can get back is dependent on the amount he spends after. Those who need to travel world find the credit cards that offer air miles a viable option.

However, the users need to keep a tab on their spending no matter what reward the credit card offers. Otherwise they may find themselves trapped in the net of debt soon. Some of the supermarket credit cards have recently drawn flak from the consumer organizations for their poor reward point system. The buyers need to be careful about them.

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