Friday, April 9, 2010

Best Credit Card for Miles

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So, you finally decided to follow my advice and get yourself a Miles credit card. So your next question is, which will be the best credit card for miles? Well, that's going to depend on a few different factors. Of course, the very best credit card you could get would be a 0% APR credit card. But those are pretty hard to come by, and the ones that do come along our usually only short-term. So if you cannot get a 0% interest credit card, at least try to go for a low interest credit card.

If you had credit card problems in the past, you may have to apply for credit card with a higher interest rate. When I am looking for credit cards, I do not usually take the interest rate into account, because I pay mine off every month. I do not believe you should have a credit card and carry a balance on it on a regular basis. If that is the way to use a credit card, a Miles credit card is not the program for you. The exception to that is if you have a 0% APR credit card, you can carry a balance on that.

Come back tomorrow and we will go into part two of how to get the best credit card for miles. Until then, hold off on your spending so that you can earn miles on all of your purchases.

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