This is an interesting dilemma. The thing about credit cards is, you will only get into debt using one if you use it to buy things that are beyond your means. You are in control of the way you use your card – remember that. There are many great things about credit cards, including the ability to earn rewards. But besides that, they are also a very useful, even necessary, financial tool. It’s important to have one so that you can build a credit history, have access to funds in case of emergency, and have financial flexibility in how you pay for things. Just remember not to charge more to your card than you can afford to pay off each month. If you find that one month, you aren’t able to pay your balance in full, put the card away until you can.
In fact, there is such a card that makes getting into debt a really hard task. It is the Discover it® Miles card. This card lets you earn rewards – 1.5 miles for every dollar, matches all earned rewards at the end of the year. But what’s more important, it has no annual fee, thus, you won’t pay for your rewards. It also has 14 months of no APR on purchases – for more than a year you can buy whatever you like and pay nothing for that. Keep in mind though, that after 14 months are over, the APR will be charged on the remaining balance.
Other Popular Credit Card Rewards FAQs
Qmiles are valid for a period of 3 years and will expire twice a year at the end of the semester in which those Qmiles where earned. Expiry dates will be 30th June and 31st December each year. For example, Qmiles earned between January and June 2015 will expire 30th June 2018 and Qmiles earned […]
Continue »You can consider applying for the travel rewards credit card like the Discover it® Miles credit card. This card allows earning 1.5 miles on all purchases and redeem them with any airline including Austrian Airlines, any time and with no restrictions. The only requirement to redeem is that your ticket should be bought with your […]
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