I have a Midas credit card. Should I use this card for all my purchases, or only when I’m at Midas?
Answered on Thursday, June 1st, 2017 by
Amy Miller

This is entirely up to you; however, you may want to consider what kind of interest rate you are getting with that card, and what rewards they offer. The interest rate on that particular card tends to be quite high, and you could most likely get a much better deal with another card. A low-interest credit card protects you from potentially getting socked with high interest fees if you aren’t able to pay off your balance in full one month and have to carry a revolving balance. Also, there are cards that offer cash back, points, frequent flyer miles, and other rewards that you may find useful; you can use these cards when you’re getting your brakes fixed, filling your tank, or out to dinner. My best advice is that you should find a low-APR credit card that offers great rewards and use it everywhere that accepts credit cards.

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