How To Evaluate Credit Card Offers

Credit is particularly important after a diagnosis. 

Credit cards are about a good deal more than the advertised interest rate and credit limit. Before you take a new card, also look at:

• Fees such as sign-up, annual, participation and monthly maintenance fees.
• What triggers a change in the interest rate.
• Whether there are any introductory bonuses of cash, miles, lower interest rates or points. 

The features that may be particularly troublesome are likely to be in the fine print. It is advisable to take the time to read the fine print carefully - or ask a family member or friend to do it for you.

For a discussion about the following subjects, click on the link:

• What To Look For When Checking A Credit Card Offer
• What Should I Be Careful About With Respect To Credit Card Offers? 
• Where Can I Find Credit Card Offers?

NOTE: If you recently completed bankruptcy or have bad credit, you can rebuild it using a secured credit card. Look for a card with low fees. Make payments on time for a year or more. Then apply for a regular credit card. To find secured cards, see CardRatings.com

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