Get a Credit Card Deal

When people look for a credit card option to help them through Christmas or a holiday, over half the time they just take the first credit card deal thrown their way. Some people get an application in the mail and fill it in without even checking the details, only to be amazed when they get their card to find it has a tiny spending limit, or it’s secured and requires money to be deposited, or it has an interest rate in six months time that hits 20%.
But it doesn’t have to be that way. Some of the best credit card deals are right under your nose – you just don’t know it yet.
That said, there are some very good credit card deals out there. Look out for any deal that offers you a free 0% balance transfer. What this credit card deal allows you to do is move the $5000 you owe MBNA to another company, at 0% interest, so you can shut that awful MBNA card down and not be extorted any more. Of course, the new card will likely switch that debt to a heavy interest rate within six to twelve months, so make sure to look at the fine print, but in the meantime you can save yourself hundreds of dollars, and when the new interest rate kicks in – just get another card to do it all over again!
Additionally, getting another card only works if you CANCEL your other card as soon as the balance is zero. Keeping it open ‘just in case’ will inevitably lead to you racking up a SECOND credit card debt, and that’s no deal at all.