The resident financial experts will tell you that there are times when one is better than another. They offer different features, and many are better suited to being used in one situation than in another - or, to be more precise, you'll get more benefit from using one over another in certain situations. One may offer the lowest interest rates, while another offers high cash back values on certain purchases and yet another may reward you with points that can be used to purchase merchandise and services from participating merchants. How do you know when it's best to use one over another?
When to use a low interest credit card
A low interest lets you carry a balance on your account at a low rate of interest. The best time to use a low interest card, then, is when you make a purchase that you expect to pay off over time. The time to whip out your low interest option is to buy that new computer, pay for your holiday or cover an emergency purchase for which you can't pay in cash.
If you expect to pay off the full balance of your purchase in the same payment period, no matter how much it is, then the APR isn't as important. If you can pay the purchase off in the next billing period,
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