Sentences with phrase «who carry a balance from month to month»

A low interest credit card is generally a good fit for someone who carries a balance from month to month.

Those credit card users who carry a balance from month to month and pay hundreds of dollars in interest a year are more likely to receive lower interest rates.

Generally, customers who carry a balance from month to month on a rewards card will end up paying more interest and finance charges than they will earn in rewards.

«Revolvers,» people who carry balances from month to month and only pay the minimum due will be penalized under the trended data guidelines.

People who carry a balance from month to month, perhaps paying only the minimum amount due, are called revolvers under the new system.

A low interest credit card is generally a good fit for someone who carries a balance from month to month.

On the other hand, people who carry balances from month to month (called revolvers) are more focused on interest rates and fees (65 percent).

If you tend to be the type who carries a balance from month to month, penalty rates will have a big impact on your finances.

Not exact matches

It's also important to note that this total includes the balances of cardholders who pay off their cards in full every month, as well as those who carry debt from one month to the next.

In the NerdWallet survey, 61 % of Americans who have ever owned a credit card said they have carried a balance from one month to the next, either currently or previously.

«Plain vanilla cards target revolvers who typically carry a balance from month to month,» says Andrew Davidson, senior vice president, Mintel Comperemedia, in a statement.

But according to a recent article on CreditCards.com, 34 % of Americans who have credit card accounts carry a balance from month to month.

Credit cards offer a great deal of flexibility as well but are best used by borrowers who have a strong understanding of their ability to repay over time and the cost of carrying a balance over from month to month.

Financially unstable customers (those who carry big balances from month - to - month) are treated with contempt.

Our calculations are based on the proportion of consumers (36 %, according to a recent Gallup study) who carry over a balance on their cards from month to month, and therefore would incur interest charges, and the impact of the quarter - point rise in rates, which analysts expect to be passed along in full through higher APRs on credit card balances.

The U.S. Bank Visa Platinum Credit Card is best for those who with good credit and need to carry a balance from month to month.

«Revolvers,» in credit - card industry lingo, are consumers who carry a balance on their credit cards from month to month.

Armed with a hefty 26.99 % APR, the «R «Us Credit Card plays for keeps with those who tend to carry a balance from month to month, with interest fees that can quickly negate its rewards.

Are you the type of person who is capable of paying what you own every month and clearing all of it or are you the type that carry forward the balance from month to month?

Typically offering 12 months or more of 0 % APR on new purchases, intro APR cards can provide significant savings for business owners who need to carry a balance from month to month.

The following estimates only include the credit card balances of those who carry credit card debt from month to month — they exclude balances of those who pay in full each month.

In addition, the low variable APR is handy for those who think they'll be carrying a balance on their credit card from month to month at some point in the future.

But if you're someone who has trouble staying under your credit card's limit because you're carrying a balance from month to month, you may want to think long and hard about your use of credit cards to begin with.

The higher share of revolvers — consumers who carry over a balance from one month to the next — could also mean a larger number of consumers may be struggling to pay off their balances.

The Belk ® Rewards Credit Card can be a good savings tool for regular shoppers who spend a lot in the store, but the card's 25.49 % APR means those shoppers need to be careful to avoid carrying a balance from month to month.

Armed with a hefty 26.99 % APR, the «R «Us Credit Card plays for keeps with those who tend to carry a balance from month to month, with interest fees that can quickly negate its rewards.

Credit cards that offer cash back rewards are aimed at people who may use credit cards for everyday purchases, and who seldom carry a balance from month to month.

Ultimately, we'd suggest this card to anyone who doesn't carry a balance from month to month.

«If you're someone who may be tempted to carry a balance from month - to - month, you may actually be saving by going on a charge account,» McClary says.

Savvy shoppers who never miss a Macy's One - Day Sale have the potential to win big with the department store's co-branded American Express card, but an unsurprisingly high APR means less disciplined cardholders could find themselves in trouble when carrying a balance from month to month.