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There are many differing opinions about credit cards, especially among
Christians. My husband and I have had credit cards all of our fifteen
years of marriage. We made the commitment that we would always pay off
the entire bill when we received it. We made a few rare exceptions to
this but only with careful planning before we made the charge.
For example, a couple of years ago we needed a “new” car.
It was an uplanned purchase since we expected to keep our then-current
vehicle for a couple more years. We figured out how much we could afford
to spend, how long we could pay finance charges, and when we could repay
the entire credit card debt. I believe that we only paid two months'
finance charges.
The best kinds of credit cards are those that give YOU something:
rebates, bonuses, frequent flyer miles, etc. They should also
have low interest rates for those rare instances when you
do carry a balance. If possible, get cards that charge no
annual fee. Most of the cards that offer frequent flyer miles
charge an annual fee. If you use your credit card instead
of checks or cash to purchase gas, food, medicinal items,
etc., your miles will quickly add up. Some credit cards actually
give you double miles if you use certain vendors. We used
Bank of America's US Airways Credit Card to pay for our car.
Another one we use now is the American Express Gold Delta
SkyMiles® card. Get
the Gold Delta SkyMiles(r) Credit Card
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