The best American Express credit card offers are those that give you rewards and incentives for spending your money. It is best to choose a card that gives you perks and rewards for spending so that you do not end up paying hefty interest charges. The best American Express card offers are those that have low APRs for spending and don't have huge fees and penalties attached. There are many things that the credit card company looks at when determining whether their annual fee, late payment penalties, and other expenses are justified. In this article I will show you how you can find the best American Express card offers.
Before searching for an American Express credit card offer it is best to determine what types of things you spend money on using your credit card. You can find a credit card offer for just about any product or service you can think of, but you need to narrow it down. Most people have credit cards for gas and groceries, so these are some of the things you need to consider. Once you decide what your spending habits are you can begin searching for credit cards. Keep in mind that the rewards offered through credit cards vary from card to card.
The best American Express credit card offers are the ones that give you rewards for using the power of your card in a number of different ways. Some cards reward you for dining out, others for going on vacation, and some rewards programs reward you for purchases at Wal-Mart and Sam's Club. Each one is specific to the credit card company and the card itself. For example, dining coupons and airline miles are only available for dining plans through the same company.
The amount of interest free time you get on your credit card also plays a major role in which credit card offer is best for you. Most credit card offers give you between six and thirty-six months of zero percent interest on balance transfers. You can also get anywhere from twelve months to twenty-four months of no interest on balance transfers. Look for the long term APR (annual percentage rate) for the longest period of interest free on your credit card offer.
The reason this is important is because you will want to pay off your balance as soon as possible. The longer you carry a balance on your credit card, the more interest you will be paying. This means you could end up paying almost double the amount you took out in your first place! That is why it is important to find the best American Express credit card offer that gives you the longest zero percent APR term. Look at all the credit card offers you can find, then choose the one with the longest terms.
The other thing to keep in mind when searching for an American Express card is to make sure there are no annual fees. These types of fees tacked on to your balance can add up quickly if you carry a high balance each month. If you can find a credit card offer that does not charge annual fees, this is the way to go. Make sure you read all the details on the offer carefully before making your decision. Many times, some of these cards offer a low introductory interest rate but then increase the rate to the tune of hundreds of dollars per year! So you have to decide if it is truly worth it or not.
Finally, make sure you cancel your old credit card after you receive your new card. Most of the time, the benefits of the American Express credit card offer are far too great to ignore this very important step. You need to know that even if you make your monthly payments on time, the fees are still tacking on interest. By having the ability to cancel your old card, you will ensure that you are not being overcharged on any future purchases. This is by far the best way to reduce the overall cost of your credit card debt.
As you can see, it is possible to get the best American Express card without the annual fee and zero interest when you take the above steps. The key is to know what your credit score is and how much debt you are exposed to. Once you have this information you can begin to compare credit cards and apply for the best one that offers you good value for money. As you work towards getting out of debt, it is important that you have the best American Express card to help you succeed.