Rewards VS Low Rate Credit Cards – 2 Min. Tuesdays

FESCH.TV INFORMIERT:

Learn the difference between rewards vs low rate credit cards in just a span of 2 minutes.

Rewards credit cards – use it if you want to be rewarded or if you pay off your credit card bill each month but tend to have a higher rate.

3 main types of rewards credit cards:

1. Points – redeem points online for all kinds of gifts and merchandise
2. Travel – get miles that you can redeem for flights and perks
3. Cash Back – spend money on gas or groceries

Low Rate credit cards – use it if you carry a balance on your credit card each month, lower rate than rewards, lower balance transfers, and you can consolidate your debt.

What kind of card do you prefer? Share in the comments below!