Do you have a good credit card or a bad one?

Credit card debt is often referred to as bad debt by financial counsellors because it is generally thought of as borrowing money for things that won’t appreciate in value.

That is why it is important to find a good credit card with either a low rate, low fees or great rewards.

If your card is charging you too much, look around and compare deals and be prepared to switch to a better deal.

Source: Bankheadlines.com.au

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