Should I opt for a credit card that offers benefits?

QUESTION: If I pay off the balance on my credit card every month, which cards offer benefits and what are they?

ANSWER: During the 90s, people using credit was often seen as a sign of economic stress, as people used credit cards as long term flexible loans, paying off only the minimum each month. However, in recent years, there has been an increase in the number of credit cards holders paying their balance off in full each month.

For people who pay off their card in full, cashback or rewards cards are an ideal way to get something back on your everyday spend.

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