So my husband and I recently did a ton of work to repair our credit and now my husband's credit is good, while mine is still average. We have a 1 year plan to get mine into good standing and his into excellent. Anyway, we have 1 credit card that has a zero balance right now, but a high interest rate. We called several times to try to convince them to lower the interest rate, but they wont. They say it is because they aren't offering lower rates to anyone right now, it's not just us.
So, I've been researching for a new card and I found that our bank that we have our checking, savings and mortgage through offer a card that offers 1% rebate on purchases to be applied to your mortgage. 1% isn't much, but over time it adds up. We also don't plan on using the card much, so 1% really is even less then. Is this a good card, or is it best to try to find a card that offers cash back on purchases or points?
Answer by JulieJacobKyle at 2:17 PM on Jul. 9, 2010
Answer by tasches at 2:18 PM on Jul. 9, 2010
Answer by LoriKeet at 2:20 PM on Jul. 9, 2010