Credit cards are considered the most widely used modes of paying different types of bills. Payments may range from small to big amounts.
When it comes to obtaining a credit card, there’s always a wide range of choice available for the consumer. There are lots of companies that offer different credit cards. All you have to do is to determine which type of credit card offer will suit you.
Since there are more people who apply for a credit card, it is evident that the companies also have this tight competition. They compete for the growing market by providing a variety of ads strategies such as:
Interest Rates
Known companies have a credit card offer at the lowest possible cost per payment. The given interest rates may vary from 1.3% to 5%.
Lowest Amount due
Credit card companies have a policy that a credit card holder should pay for a certain amount every month. These payments include the charges incurred for every purchase of products.
Not paying the said amount would result to adding small charges on the consumer.
Not claiming of dues
Generally, it has been a practice for credit card companies to waive the...