How to Choose a Supermarket Credit Card
- Date: 2010-08-14 - Word Count: 491
Share This!
If you worked out how much money you spent at your local supermarket in a year, you might be a bit horrified. But by using a supermarket credit card you can take advantage of all the money which goes out on your weekly shop.
Supermarket credit cards, like any other reward credit card, allow you to earn points each time you spend, and these can be converted into savings on your overall bill. They can also offer a number of deals to the user, such as 0% balance transfers and interest free purchases for a set period of time.
Choosing the right supermarket credit card
The most important thing about your supermarket credit card is likely to be the savings you make on your shopping bills. It is therefore likely that the best card for you will be the one offered by the supermarket at which you regularly do you weekly shop. This way you will be using your card, and therefore making savings with it, as often as possible.
If you have the choice of a number of different supermarkets, then take a look at the loyalty schemes on offer with each of the different cards, as they will have different deals and offers attached to them.
Picking up 'points'
By purchasing items in your supermarket, you will be picking up 'points' on your supermarket reward card along the way. However, these can be confusing to the uninitiated. For instance, how much will you need to spend to pick up 100 points, and how much will those points, in turn, save you on your shopping? These figures will differ from shop to shop.
Other features
As well as 'points', the various credit cards will offer a number of other features which may or may not be of use to you. For example, the balance transfer, or the amount you will have to pay to transfer your money, as well as any interest free purchases offers, and the APR of the card, should all be taken into account when choosing your card.
Making it work for you
Remember, using a supermarket credit card will only be beneficial to you if you remember to pay off your balance in full each month. Otherwise, any savings you manage to make on the card will be minor in comparison to the amount you will have to spend on interest.
You will also need to be careful when it comes to any 0% balance transfer offered to you - if you do transfer a balance then you will need to pay it off before the end of the promotional period so that you don't pay interest. If this isn't possible for you, find another card which offers 0% balance transfers and transfer the balance over to that card.
Cashback cards
An alternative to the many twists and turns of supermarket credit cards is a cashback card. These offer cash rewards instead of points, which can be simpler to understand when it comes to making savings on your shopping bills.
Supermarket credit cards, like any other reward credit card, allow you to earn points each time you spend, and these can be converted into savings on your overall bill. They can also offer a number of deals to the user, such as 0% balance transfers and interest free purchases for a set period of time.
Choosing the right supermarket credit card
The most important thing about your supermarket credit card is likely to be the savings you make on your shopping bills. It is therefore likely that the best card for you will be the one offered by the supermarket at which you regularly do you weekly shop. This way you will be using your card, and therefore making savings with it, as often as possible.
If you have the choice of a number of different supermarkets, then take a look at the loyalty schemes on offer with each of the different cards, as they will have different deals and offers attached to them.
Picking up 'points'
By purchasing items in your supermarket, you will be picking up 'points' on your supermarket reward card along the way. However, these can be confusing to the uninitiated. For instance, how much will you need to spend to pick up 100 points, and how much will those points, in turn, save you on your shopping? These figures will differ from shop to shop.
Other features
As well as 'points', the various credit cards will offer a number of other features which may or may not be of use to you. For example, the balance transfer, or the amount you will have to pay to transfer your money, as well as any interest free purchases offers, and the APR of the card, should all be taken into account when choosing your card.
Making it work for you
Remember, using a supermarket credit card will only be beneficial to you if you remember to pay off your balance in full each month. Otherwise, any savings you manage to make on the card will be minor in comparison to the amount you will have to spend on interest.
You will also need to be careful when it comes to any 0% balance transfer offered to you - if you do transfer a balance then you will need to pay it off before the end of the promotional period so that you don't pay interest. If this isn't possible for you, find another card which offers 0% balance transfers and transfer the balance over to that card.
Cashback cards
An alternative to the many twists and turns of supermarket credit cards is a cashback card. These offer cash rewards instead of points, which can be simpler to understand when it comes to making savings on your shopping bills.
At Credit Choices you can compare instant decision credit cards online. Whatever your individual credit card needs, we can help you find the best deal.n
n Your Article Search Directory : Find in Articles
Recent articles in this category:
- The Secrets to Getting Low Down Payment Car Insurance
Upon purchase of a new car, there is almost always a requirement to buy an auto insurance policy as - The Wisdom Behind Auto Insurance Comparison Quotes
No one in his right mind would not go for a good deal. In fact, everyone is out on their feet and ru - The Benefits of Auto Insurance Comparisons Florida
Insurance can be expensive. This is something everyone knows about especially in the sunny state of - Auto Insurance Florida: The No-Fault Policy
There are different kinds of car insurance offered by a wide range of providers today. Different sta - Finding the Cheapest Auto Insurance Companies
Everyone is asking and searching for the cheapest auto insurance companies available today. Consider - How do You Compare Private Health Insurance Cover in Australia?
Deciding what is the best and most affordable private health insurance cover can be easy if you take - How Payment Protection Insurance Was Mis-Sold
For over six years the issue of Payment Protection Insurance (PPI) and how it was mis-sold to custom - Finding Quotes For Auto Insurance Online
One of the many concerns when you are shopping for auto insurance is being able to get access to quo - How You Can Find the Best Auto Insurance Online
When it comes to renewing your car insurance you are going to quickly discover that there are a numb - Guidelines For Searching For Auto Insurance Online
The internet can be a great source of discounts and values related to auto insurance. However, many
Most viewed articles in this category:
- Trading Forex With Pivot Points
Forex Pivot Point Trading are used today by Forex Traders and are calculated on the previous days mo - Where To Search For Free Grants
Where do you look for free grants? The search must be thorough or it could be an exercise in futilit - The Connection Between High Blood Pressure and Salt
We are a society of Salt Addicts. It cannot be denied. When you look at the things we do and the pla - Tips For Avoiding HYIP Scams
Before knowing about HYIP Scams, refer to the functioning of HYIP or "High Yield Investment Programs - Getting Credit After Bankruptcy
Consumers do not have to live sans credit following a bankruptcy. By following certain steps consume - Tips For Choosing A Credit Card
Are you looking for that perfect credit card? If so, you may be confused about what exactly to look - Cheap Car Insurance For Teens Online
Many elements determine a car insurance policy. Car insurance companies look at the person's age, hi - What Exactly Is Free Grant Money?
You can apply for free grant money from various government agencies. But where exactly does this mon - Small Business Owners Marketing and Customer Service
Marketing can be time-consuming, but it doesn't have to be hugely expensive now, thanks to the Inter - Apply Online For A Credit Card - How To Choose A Card?
The best type of credit card for you will be dependant on how you intend to use the credit card. Are