Banks and Credit Card Fees = Zero

There are plenty of banks and credit cards to choose from….. some with fees, some without.  Choose the ones without…… it’s common sense.

Why pay a bank to use your money? Look around, compare and choose one that does not charge monthly fees or fees to withdraw over a certain number of times etc.  And some, without fees, do have a minimum to hold the account open.  Be sure you don’t go below that figure. Other than that, shop around, you’ll find one that still fits your needs.

Credit cards will sometimes have an annual fee…… if so, find another ‘no annual fee’ card.  There are plenty.

But, ……unless you know how to properly use that free of annual fee card, don’t open it, or any other for that matter.  Because, if you use a credit card there will be pricey late fees if you don’t pay by the due date, as well as steep finance charges if you pay only the minimum (or any other amount) other than the full amount of the charges for that time period.

Most credit cards will have ‘rewards’ of some sort, ….. cash back, travel points, or gift card purchases…… choose the one that best fits your needs.

So, open a ‘no annual fee’ card, and use it properly…. buy the item(s), and when the bill closes, pay the full amount of the bill in its’ entirety for the charges you made.  That is the only way to have a free fee credit card.

After all, those fees add up, and instead should be the money put into your one of your savings accounts.