A credit card is a bit like a chain saw, it’s a very handy tool, but it’s capable of inflicting horrendous damage if used improperly. The same advice applies to both of them – choose the right tool for the job, and follow the safety rules.
With the newly imposed credit card tax by the government, here are a few things to consider before you select a credit card:
The first question to be answered is how you intend to use the card. Are you the kind of person who will pay off the card every month without fail, or do you anticipate carrying a balance from month to month? Are you going to use it to pay for everything, or just for emergencies?