This dirty secret holds true even for efficient card users
who avoid interest charges and late fees by paying off their balance each month.
Not exact matches
However, if you are someone
who always pay off their bills in full every month to
avoid paying any
interest charges, looking for a credit card with rewards is a better option.
If you're the kind of person
who always
avoids interest charges by paying your statement balance in full each month, you should be earning the most valuable rewards you can.
Since travel and other reward credit cards will have higher
interest rates than similar, nonreward cards, they are best used by those
who make a habit of paying their statements in full and
avoiding interest charges.
However, if you are someone
who always pay off their bills in full every month to
avoid paying any
interest charges, looking for a credit card with rewards is a better option.
The Chase Slate card is designed for people
who want to get out of debt and save on
interest charges, with the powerful Blueprint feature that allows you to choose your own everyday purchase categories — such as groceries or gasoline — and
avoid paying
interest on these
charges, even when you carry a balance, by paying them in full every month.
In other words, the card is best suited for consumers
who tend to pay their balance in full every month and
avoid accruing excessive
interest charges.
Or, a way to
avoid interest charges for those
who are not able to pay their balances in full.
On the other hand, «transactors,»
who are earning rewards and
avoiding interest charges, might justifiably pack their wallets with cards to optimize spending for bonus categories while still managing to stay on track.
Who doesn't want to
avoid paying
interest on credit card
charges?