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**obegeLype** · 08-22-2010, 05:40 AM

My tip for credit cards are...If your an individual and wont use it for business.

Get a no annual fee card. (the rewards on cards with fee never fruit more than the value of the fee unless you have high turnover of money like running business expenses on them)
Don't worry about interest rates. Pay the card off each month, go for card with best rewards that suit you.
Don't spend spend more than you earn. Always know how much you have in your bank account
Minimise the credit level to something you can afford to help control your spending.
Maximise turnover on your card. Pay as much as you can on it, hell even pay your employers bills and get refunded. Eventually if you get enough turnover you may get offers for some of the cards with fee to have for free + all the extra rewards. Also doing this you will receive your rewards faster.

08-22-2010, 05:40 AM	#11
obegeLype Join Date Oct 2005 Posts 517 Senior Member	My tip for credit cards are...If your an individual and wont use it for business. Get a no annual fee card. (the rewards on cards with fee never fruit more than the value of the fee unless you have high turnover of money like running business expenses on them) Don't worry about interest rates. Pay the card off each month, go for card with best rewards that suit you. Don't spend spend more than you earn. Always know how much you have in your bank account Minimise the credit level to something you can afford to help control your spending. Maximise turnover on your card. Pay as much as you can on it, hell even pay your employers bills and get refunded. Eventually if you get enough turnover you may get offers for some of the cards with fee to have for free + all the extra rewards. Also doing this you will receive your rewards faster.
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