olks we exist in a credit dominated society and for good reason. When you have a credit card handy you can buy things fast on the idea that you will pay them back tomorrow. Folks in the last 20 years have been borrowing more so now then ever before in our history. The key to what credit card you choose is in the disclosure.

Make sure you read the credit card application fully before signing on the dotted line. Check the microscopic words for fees that are related with anything activating the credit card to fees that are associated with closing the credit card at a later date. So many people over look the fine print now and almost always ending up paying from their wallet at a later date. Dont be one of those persons.

APR or annual percentage rate is another very important thing to look at when getting a new credit card activated.

Some Credit card companies offer special rates at certain times of the year or during times of financial hardships. Make sure that this offer is extended for the rate of time that you have the credit card for and not a special offer that is good for three months then your APR is doubled for the duration of the term.

One of the best uses of credit cards (and one that few people use them for) is to lower debt or monthly payments that you currently have on your cards. You can do this by checking the yearly % rate of your recent credit cards to the APR’s of new credit cards.

If for example, your currently paying 14% a year interest on the sum balance of all of your credit cards then you can simply do a transfer from your old credit card to a new one that your interested in getting. This is not only ok to do but its really encouraged by new credit companies as they are so eager for your business that they will usually give you an incentive to move your debt over to them.

Now that you have completed the transfer from credit card A to credit card B you find that your APR has been cut down from 14% interest to around almost 10% interest which makes your monthly payments on your credit card debts that much lower and easier to pay off. Its a neat little trick that newbies dont usually know about but one that could save them many years of financial stress off their lives

So as you know my many years of owning credit cards has made me a little smarter in the tiny methods that i have saved myself money by owning them.

Hopefully you have also found this article helpful enough that it will help you save on your credit card bills. If one person has been helped through this advice then i have done my fellow credit card holders some justice.

Good luck guys , over and out.