Ever wondered why your spending habits is as such? Sometimes, you may wonder why you spend more on dining out as opposed to spending on groceries when you clearly know that grocery shopping for the week would mean bigger savings. Well, to your surprise, your personality may have some relation to this. If you are a big spender, it may have something to do with the outgoing person that you are. And since you love spending your days out, paying in cash all the time can be quite expensive.
Lucky for you, though, there are multiple credit cards being offered out there that can accommodate that personality of yours. By choosing the right credit card to spend on, you are essentially helping yourself reach financial goals faster as there are some big savings that can come out of using your card. Hence, choose a card that is best suited to your needs. Trust us, it is the best thing to do.
In this article, we will provide you with a few of the more prevalent personalities when it comes to spending and which card to choose if you are as such. For this reason, keep reading. Who knows, you might just be one of them.
(1) The Shopper
You live for fashion and beauty. And because you can afford it, you decide to splurge anyway. Since fashion outlets roll out items every day, you are an impulsive buyer. I mean, how could you miss out on it, right? You need to have it.
If this is you, make sure to get a card with a low interest rate. Remember, you get charged for every purchase that you make. Hence, choose one that allows you to shop till you drop without having to break the bank.
(2) Letting Go Of Debt
Since you spent so much last month on your other credit card, you are now taking a step back with your spending. At this point, all you want to do is to get rid of existing debt. By doing this, you can finally rid yourself of sleepless nights.
You can sleep well if you choose a card that offers a long 0% balance transfer period. To pay off your existing debt, you will need to borrow money. What better way to do it than with a credit card that offers you a loan with no strings attached for a few months? It is a definite winner in our eyes.
(3) All About Rewards
If you are all about spending less and paying your credit card bills on time, then you know you are in for some good rewards. And that is exactly what you want, as it saves you heaps with incentives that allow you to enjoy the finer things in life.
If this is you, then choose a card with outstanding benefits that can only get better with time. Choose a card that has a low annual a few extra benefits such as travel insurance, purchase insurance, etc.
(4) No Worries Spender
You are all about spending, so as long as you are comfortable – nope, you will not compromise that. In fact, you want your card to be reflective of the outgoing lifestyle that you live for.
What kills you, though, are extra fees. For this reason, choose a card with no unnecessary extra fees – no annual fees, no foreign transaction fee, and a good number of interest free days. If you love to travel often, imagine just how great a card with no foreign transaction fee is – if you are low on cash, just charge what you need to on the card. While there may be interest, you are still saving a great deal of money for being abroad.
So, there it is – a few of the more prominent personalities with regard to credit card spending. There are multiple credit card deals out there that you may want to look into if you are in the market to get a new credit card. Make sure to re-evaluate your lifestyle before committing to one, though. The best credit card deals are those that make sense to you – it should serve its purpose should you need to use it at any point in time.
Visit 0interestcredit.cards to learn more about credit card deals. Here’s also a good set of Q&A about credit card interest rates from https://www.doi.gov/sites/doi.gov/files/uploads/Eight%20Questions%20Credit%20Card%20Companies%20Don%27t%20Want%20You%20to%20Ask_0.pdf.
When applying for credit cards, you just don’t randomly pick one. At 0interestcredit.cards, we teach you how to choose the best credit card that matches your spending habits.es