Rare are the days that you whip out cash to pay for everything. Most of us use debit or credit cards to pay for everything from weekly grocery shopping to funding our dream vacation. What if you got a small kickback for every purchase you made though? That’s where reward credit cards come into play and can give you more perks for everyday spending.
Your wallet may contain credit cards and debit cards. Both card types look and behave in similar ways. They have 16-digit account numbers, expiration dates, security codes, security chips, magnetic stripes, and you can use them to make payments.
A balance transfer credit card usually offers a special promotion that allows you to move another source of debt to your credit card, ideally at a lower cost. Some balance transfer credit cards may provide a period where you can transfer the balance without paying a balance transfer fee. Others may give you a period to pay off the balance transferred without paying interest on that balance.