Best Christian Consumer Credit Cards
Best Christian consumer credit cards are typically the ones that offer the lowest fees, the lowest interest rates, and the most beneficial perks. However, the best for one person may not necessarily be the best for the next person. In order to make the right choice, potential cardholders need to look carefully at how to view credit and also understand healthy spending habits. "It is naught, it is naught, saith the buyer: but when he is gone his way, then he boasteth" (Proverbs 20:14). Credit is for people who can spend wisely and honestly.
For starters, potential cardholders can search the Internet for a side-by-side comparison of some of the best consumer credit card offers available now. There will be dozens of options, and many of them will be appealing at first glance. It's always best, though, to make sure the creditor is known and reputable. Also, the right option won't include perks that are too good to be true.
For people who are faithful to pay the exact balance each month, the interest rate of the best consumer credit cards will not matter much to you. For those who never carry a balance, the interest rate could be 5 percent or 25 percent. For those people, the best consumer credit card is more likely to be one that offers perks in the form of cash back or maybe airline miles. These offers can be especially meaningful for those who are big chargers. On the other hand, for those who tend to carry balances and rack up extra costs through finance charges or late fees, any perk from a cash back offer is likely to be negated. In this case, the best consumer credit card might be one that offers no annual fee and a very low interest rate. Reading the fine print is extremely important. Sometimes the advertised interest rate is merely a teaser rate, designed to get the potential cardholder's attention and business. Then after a set period of time, maybe six months or so, the interest rate increases significantly.
There are other issues to consider when shopping for the best consumer credit cards depending on your typical use of credit. For example, if you are prone to late payments, does the card allow a grace period for late payments? Does the creditor offer online account management and online bill paying? Can you receive discounts at selected merchants if you use the card? Is the card accepted at your favorite merchants? The best consumer credit cards for you will fit your needs and your spending habits, without encouraging extra debt.
Best credit card deals are hard to find. You get letters by the dozen with offers for get deals, but how can you decipher the best for you? How can you get through all the fine print to decide what the best credit card deal interest rates are? Now you can research over the Internet and compare interest rates and terms. Within minutes, you can find the bargains and terms so that you can look at them side by side and determine which card will be the most advantageous for you.
What do you need to look at when trying to find the best credit card deal? Of course, interest rates are a primary concern. But rather than just looking at the rate, find the APR (annual percentage rate), which will tell you what you will be paying over the course of a year. The APR will differ from the simple interest rate, so be aware of that difference. Another aspect to look at are any fees and late payments that will be assessed when you use your card. Fees and late payments can make your credit card expensive to use. Some cards will assess fees if you use them for cash advances and will charge a different interest rate when you use cash advance features.
Best credit card deals are deals that combine good interest rates with low fees and charges. Another aspect to inspect is if your interest will change if you pay your bill late. Sometimes, credit card companies write into the contract that they can raise your rates if you don't pay on time. The important part is to thoroughly read all items on the contract and compare these items with other potential options.
Use your best credit card deals judiciously. The Bible warns us of getting too involved in debt and greed. First Timothy 6:10 says, "For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows." In our modern society, using credit card deals is often necessary. But we must avoid extra debt and we must use our money as good stewards of God's possessions. Carefully consider each option that you see and weigh them in the light of God's Word.
Best Christian Credit Card RateThe best credit card rates allow consumers to achieve numerous financial benefits, including the opportunity to purchase more products and pay less money in interest. When they get the best credit card rate possible, consumers have more opportunities to pay off any bills or expenses that may accrue on their accounts. Furthermore, the have a chance to receive even more offers for additional account or better terms on existing accounts.
When looking for an account, a person should try to find the lowest interest terms possible. Receiving the best credit card rate will let the person purchase more products and spend less than higher interest terms may allow. The interest that is provided on a credit card, if high, may influence the consumer into purchasing less, because of the need to repay the bill in a timely manner. On the other hand, lower interest allows more freedom and the ability to purchase more. When someone obtains the best credit card rates, it is much easier to purchase products with less fear of financial problems or obligations that would restrict spending.
Another benefit to finding lower interest terms is that people have an easier time paying off bills. Higher interest will cause the amount of money owed to continually grow. If the bill is not paid off in a timely manner, the debt that is accrued will become part of the financial history of the client. As consumers with unpaid debt attempt to receive credit through various means, the poor financial history will in turn affect the rates that are offered. A consumer will have trouble receiving the best credit card rate with unpaid debt and late payments on his or her financial history.
The financial history will impact the interest rate that a person is given when they apply for an account. When a consumer is offered lower rates, it means they have a good financial history and a higher score. These points are very necessary to receive further offers through department stores or major crediting companies. Also, other forms of credit, such as loans, will be much easier to pursue with better scores. These companies use consumer's scores to determine who to offer the best credit card rates to.
The most positive aspect of receiving the best credit card rate is that it will provide further crediting opportunities for the consumer in the future. However, as with any major financial decisions, people are better off when they receive advice from those who handle their finances well: "A wise man will hear, and will increase learning; and a man of understanding shall attain unto wise counsels" (Proverbs 1:5).
The best credit card depends on what kind of terms and interest rates each person is looking for, as well as how often they plan to use the account. A person's first card is often affiliated with their bank, because it also can be used in the event that overdraft protection is needed. When looking for the best credit cards, people need to remember that what is good for one person may not be the best option for someone else. Therefore, it is important that each person desiring an account, do their own research. Furthermore, people should watch for deals, since many companies offer great deals on their accounts for limited times.
A person has to know, before getting the best credit card, where he or she shops the most. This is important because people need to make sure they have an account that will work at the places they frequent most. One way for someone to research this is to pay attention the next time they are out shopping or purchasing items online to see which of the major creditors are accepted. Furthermore, people need to read the fine print on any offers they receive, noting the limited time frame that the interest rates are in effect. Also, for the best credit cards, it is important to find companies that do not charge customers an annual fee.
Not only can those with an established history get cards, but also teenagers and others with little or poor credit history, can get accounts that will help them to build credit as well as help them to learn to manage their finances. When looking for the best credit cards for a teenager, parents either need to look into the prepaid option or for one that has a low limit. The best credit card for a teenager is going to be one that does not get them in trouble. A good place to start is asking a local bank, because many of the large branches now offer these kinds of accounts for teenagers or other people with little, or bad financial history.
Finances can be a difficult road to navigate, especially where credit is concerned. However, Christians can know that the Lord is available to guide His people in all things, even when they are looking for the best card. The Lord wants His people to rely on Him for help in all situations. He will give wisdom in looking at the best credit cards: "Fear thou not; for I am with thee: be not dismayed; for I am thy God: I will strengthen thee; yea I will help thee; yea I will uphold thee with the right hand of my righteousness." (Isaiah 41:10)