Here are three things to think about with your current credit card:

1)      If you pay your bills off every month, you need to find a card that will help you earn rewards or cash back.   You should be able to float your money off the credit card company while you earn interest in your savings account.

2)      Demand a better interest rate.   If you are carrying a balance, you want to pay the lowest rate possible.  Many consumers just assume that the stated rate cannot be changed.   Often, you can negotiate with your company.

3)      Call if you get a late charge.   Credit card companies assume you won’t read your bill.  If you call and see small late charges, don’t be afraid to let them know you plan to transfer your balance if they don’t wipe away the late charge.

(Source)

Ted Jenkin, CFP^®, AAMS^®, AWMA^®, CRPC^®, CMFC^®, CRPS^®

Co-CEO and Founder oXYGen Financial, Inc.

11680 Great Oaks Way, Suite 175 | Alpharetta, GA 30022
Phone 1.800.355.9318 or 770.777.0427

oXYGen Financial, Inc. co-CEO Ted Jenkin  is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC.  ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM.     INVESTACORP INC., AND ITS AFFILIATES, DO NOT GUARANTEE, APPROVE NOR ENDORSE THE INFORMATION OR PRODUCTS AVAILABLE AT THESE SITES, NOR DO LINKS INDICATE ANY ASSOCIATION WITH OR ENDORSEMENT OF THE LINKED SITES BY INVESTACORP INC., AND ITS AFFILIATES.