Free Credit Card Offers

When it comes to a free credit card offer you need to research the pros and cons of each offer. There is a very basic reason for this- there are a tremendous amount of offers out there and it can become confusing to even the most credit savvy person. To evaluate the financial viability of a credit card forget how pretty the card looks. Instead look much deeper at such things as the interest charges and the fees involved. Read on for some hints.

When it comes to a free credit card offer you need to research the pros and cons of each offer. There is a very basic reason for this- there are a tremendous amount of offers out there and it can become confusing to even the most credit savvy person. To evaluate the financial viability of a credit card forget how pretty the card looks. Instead look much deeper at such things as the interest charges and the fees involved. Read on for some hints.

A free credit card offer could very well point to an interest free credit card. Take a look around and do a comparison of all of the cards that are touted as interest free. Look closely to find the one that offers the lowest interest rate. There are selections of credit cards that offer would-be customers a zero percent introductory rate but it is important for you to find out when that period ends and when interest begins to accumulate. Some companies offer a three month period while for others it is closer to six months.

A free credit card offer that includes an interest free introductory period can be wonderful but the longer it lasts the better it is for you. If you are patient enough to look at what enough companies have to offer you might find a couple that offer such an interest free period for a year. Some even offer it for more than a year.

You need to look beyond the interest free period however when you evaluate a free credit card that looks very attractive at the onset. What happens in some instances is that once the introductory period is over the interest rate could suddenly shoot up as high as 29 percent. Another piece of bad news to add to this is that if you are carrying a balance on your card at the time then the amount for repayment on a monthly basis could double. That is why knowing what the rate will be following the interest free period is so vital.[br]

As you look at what different companies have to offer you here is a free credit card offer that can save you money in the future. It is a credit card with no annual fee. A card that charges an annual fee will add money onto your outstanding balance. This is not what you want when you are working hard to pay off your credit card.

Not all credit cards on the market charge you a yearly fee to have credit with them.   
Look to those kind of cards. Some examples of these include the Discover More Card http://discovercard.com/, Chase Freedom https://www.chase.com/, Citi Forward Card https://www.citicards.com/, Upromise World MasterCard and IBERIABANK Visa Select Card http://www.iberiabank.com/ .