As more and more people are signing up for credit cards, banks are offering their own credit cards in attractive packages. They give excellent discounts, incentives such as cash-back, rewards like gift certificates, freebies, and additional point systems.

Many airlines except frequent flyer coupons that offers a much bigger savings. As they get together with the co-owners in their business.

Let’s understand the fine print before signing up;

1. Be well informed about details such as the fixed, “hidden” rates each month.

2. The annual fee is an important factor. Annual fees, applied by some banks, are waived by others. Especially for credit card holders who pay their whole balance every month.

3. Other fees you must learn about are return-item fees, over-the-limit fees, late payment fees, and set-up fees.

This entry was posted on Wednesday, October 15th, 2008 at 6:37 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.