Introductory OffersSTART NOW

Introductory Credit Card OffersThe main points you should know about what a credit card offer after your new application.

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Key Points

• What are Introductory Offers?

Have a brief knowledge about what a credit card has for its introductory offer.

• How Do Introductory Offers Work?

Learn how introductory offers happen and how they work.

• What is the Best Introductory Offer?

Know how to choose the best introductory offer.

• How to Use Introductory Rate Credit Cards?

Follow some tips on the right way to use introductory rate credit cards.

What are Introductory Offers?02

Introductory Credit Card OffersIntroductory offers are promotions which run on credit cards for a relatively short period of time after you receive your credit card.

Some of its Benefits:• 0% Interest or very low interest on purchases• No annual fee• Low rate balance transfers

Brief summary about introductory offers of a credit card.

How Do Introductory Offers Work?

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Learn how introductory offers happen and how they work.

Introductory rates usually minimize significantly or completely waive those interest charges.

This gives you a chance to borrow money for free or even pay off another credit card for free with a balance transfer.

What is the rate? It is either low or zero percent and the time period of the honeymoon rates ranges from three months to one year.

How the credit card companies market them? Big savings of which you would be foolish not to take advantage

04 Introductory Credit Card Tips Know your needs

Will you need your card for a balance transfer, for purchases, or both?

Understand allocation of paymentsDecide what you will use a particular card for and then use it for nothing else until that previous balance is paid.

Find out what other fees you will be chargedNot many cards are completely free.

Know exactly when the introductory rate expiresAim to have a debt paid off before the introductory rate runs out. Your rates will jump immediately on the expiration date and the new interest will be applied to any remaining balance.

Beware of cash advancesThe rates for anything deemed a cash advance is usually more then 20%.

Tips on having introductory rate credit cards.

What is the Best Introductory Offer?

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Know how to choose the best introductory offer.1. Try to find one that offers a zero percent interest rate.

2. Look for the introductory rate credit cards that have the longest term.

3. Pay attention to no fees.

4. Keep in mind that just because there is no interest does not mean you do not have to make payments.

5. Know when your introductory rate expires.

6. Take into account the regular interest rates on the card.

7. Examine the rewards program.

How to Use Introductory Rate Credit Cards?

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Follow some tips on the right way to use introductory rate.

Avoid cash advances or cash transactions.

If the rate applies to purchases use the full time period to make purchases without paying interest.

If you plan to do a balance transfer make your application for it as soon as possible.

Set up a budget to pay off any debts within the interest free period.

Pay attention to the terms of the offer and abide by them.

Pay close attention to the two different rates and lengths of the contract.

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