Credit card applicants who are looking for a promotional financing offer need to choose carefully. There are many strong, competing offers available, and cardholders should understand what terms and benefits are most important.
Here is what applicants need to look for:
Duration of financing
Promotional financing offers must be at least six months long, but currently there are several offers that feature interest free financing for as long as 18 months, such as the Citi Simplicity® Card and Citi® Diamond Preferred® Card. It is also important to note if the financing applies to new purchases, balance transfers, or both. [click to continue…]
The Discover it® is a reward credit card with a tremendously loyal following. It offers 1% cash back on all purchases, plus an additional 4% cash back on up to $1,500 spent at select categories of merchants that change each quarter. The bonus categories for the first quarter of 2015 have been announced, and cardholders can now register for their bonuses.
These categories include gas stations and ground transportation options such as buses, trains, taxis, limousines, and rental cars. Once cardholders have earned a total of 5% cash back on $1,500 spent at eligible merchants, they can still earn an unlimited amount of cash back at 1%. [click to continue…]