If you carry a balance sometimes, get a low-rate credit card so you can pay it off faster.
If you don’t pay your balance off every month of the year, get a low-rate card. Rewards cards have high interest rates, plus they are proven to increase consumer spending. “When someone’s on the fence about a purchase they could say to themselves, ‘Well at least I’m getting the miles,’” says Matt Wallaert, a behavioural psychologist.
MoneySense look at the cards that save you the most in interest charges — after fees are factored in.
* Video: Best ways to tackle credit card debt
For more on how MoneySense crunched the numbers, see their methodology.
Dec. 4 (Bloomberg) -- Barrick Gold said founder Peter Munk will retire after more than 30 years with the world’s biggest gold producer and it nominated... More Dec. 4 (Bloomberg) -- Barrick Gold said founder Peter Munk will retire after more than 30 years with the world’s biggest gold producer and it nominated four new directors after some investors criticized the independence of its board. Alix Steel reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Date 8 hrs ago, Duration 1:44, Views 115
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Should new wireless companies Mobilicity, Wind Mobile and Public Mobile be allowed to fail?
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- Yes, the market will decide if they are competitive enough to survive.
- No, the playing field in the wireless market is not level. The government should help these companies.
- I don't know.