How to choose the right credit card for you

There are hundreds of great credit card offers in the market right now. But how can a consumer know which card is going to be right for them?

Firstly ask yourself – how much am I going to spend on the card each month?

Big spenders can make premium and platinum rewards cards that come with fees and higher rates worthwhile.

Secondly ask yourself – Will I always pay off the monthly balance?

If you don’t expect to be able to pay off the balance each and every month, a low rate card with no late repayment fees is the best option for you.

Source: Courier Mail