Know Your Credit Card Options

Credit cards offer convenience, but there are a few simple questions to ask yourself before picking one.

What's on the market?
How many times have you been unable to buy something on the Internet or by phone because you don't have a credit card? Airline and theatre tickets, online goods, and even paying your bills are often out of reach if you don't have a plastic companion. However, with Heritage Credit Union's (HCU) Debit Card and/or HCU's Platinum VISA or Cash Rewards VISA available, there's bound to be one that suits your needs.

Today's credit cards offer a wide range of different features designed to attract your business. Most offer interest-free periods, some have loyalty schemes attached, and others contribute certain amounts to charity. While it is important to shop around before choosing a card, you first need to understand your own personality and what type of credit card user you would be.

Why do I want a card?
Do you want a card for the convenience of buying goods over the telephone or on the internet, emergency uses, traveling, or because you'd like to buy goods that you can't afford right now?

If just want the card for the convenience of buying over the phone or internet check out Heritage Credit Union's Debit Card – It pays like a credit card but withdraws like a check. It's fast, safe and easy to use.

If you're buying a big-ticket item like a TV or fridge which you don't intend to pay back within two months, consider a personal loan, or even redrawing from your mortgage. The rates are much lower. You may also want to look at Heritage Credit Union's Platinum VISA which has a much lower annual percentage rate than other credit cards.