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Jul 24, 2007 11:23 am |
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Business Credit Cards Without Annual Fee- Are They Worth It? |
 dara barcelona
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Choosing the right credit card is important whether it’s a personal credit card or a
business credit card. Comparing the rates and charges that each credit card company have to
offer will help you come up with a decision on which credit card you should apply for.Most
business credit cards require an annual fee from its credit card holders. The annual fee is
just like a membership fee which members have to pay each year in order to activate the
membership of their credit cards. However, there are credit card companies who waive the
annual fee to attract more clients.
No Annual Fee Credit Cards - What Counselors Say
Financial counselors from different credit counseling agencies do recommend credit cards
which have no annual fee. These counselors are usually associated with banks and credit
card companies and they do know the different rates when it comes to credit cards. If you
ask any counselor, you’ll probably be told that it is to your advantage if you choose a
credit card that doesn’t require annual fees. But you will also likely be advised that
there are other rates that go with a credit card. Aside from the annual fee, the Annual
Percentage Rates or APR must also be taken into consideration.
CLICK THE LINK TO READ MORE ABOUT:
Business Credit Cards Without Annual Fee- Are They Worth It?
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