Be responsible with good credit card offers!

Even though our economy isn’t in the best of shape right now there is some good to come from the credit crisis. Right now if you have good credit you can find some great deals on good credit cards. I know most financial advisers and mentors will preach about how bad credit cards are and you should not use them at all costs, but I tend to disagree. If you are a responsible well organized individual who is in charge of your finances then take advantage of the great deal credit card companies are offering.

As I’ve said before my wife and I make all our purchases on a credit card and pay off the balance each month. I’ve been doing this since I graduated college and on this paticular card have never carried a balance. I have also never missed a payment and I’ve not been late on a payment either. I was close once and had to pay the bill over the phone and pay a small fee but I’ve still came out way ahead on the credit card rewards.

Currently many credit card companies are offering 0% interest rates for over 1 year and many of them even offer this same interest rate on purchases. Many credit cards are offering lower fixed rates for the life of the loan and many great rewards program.s

Be advised that there is fine print with all credit cards and be sure to read this. There are many terms that you must be advised about before you transfer the balance. Some charge a fee, usually 3% but a maximum amount, usually $50. Most of the time you will still save a lot of money on the lower interest rate, but be advised of these terms.

Be responsible and in control of your personal finances and take advantage of any offer that will benefit you financially.