You’ve heard me state it before. Credit cards can become a burden if you don’t know how to handle them, and better yet if you don’t know how to choose one. “What is there to know? They all charge ridiculous amount of interest”, you say. I say, “You are not doing your homework!”

Credit cards have been allowed to charge more interest than ever. Not only did the government eliminate the tax deduction from credit card interests, they also allowed them to charge as much as 30% in interests! That is totally ridiculous. But over the years, people have become smarter and have tried to adjust to the market change. Instead of jumping into the next credit card available, people now try and compare credit cards before they apply for one.

Take chaseplatinum credit card for example. It has all the benefits I am looking for on a credit card. They have promotions of 12 month, 0% interest and offer a flexible rewards program that you can’t beat. Auto Rental Collision Damage Waiver and Worldwide Travel Accident Insurance is included and they don’t even charge you an annual fee!

They have a very flexible rewards program as well! The Flexible Rewards is unique in that there are three ways to redeem points for airline tickets:

1. The first method is the conventional method where you exchange points for a free ticket, but you cannot choose your airline.
2. The flexible rewards allow you to redeem tickets in Continental Airlines, which require less points than the former method.
3. You can choose to transfer points to United Airlines Mileage program, Continental OnePass Miles or British Airways miles. Hence, this card may offer a better alternative for Continental OnePass or United Mileage Plus members

I’m telling you, if you have the time to wait - look for offers that charges no annual fee, flexible rewards program and of course the one and only thing that should persuade you to apply for a credit card is the basis of 0% interest for 12 months!  If you play your cards right, you will save tons and tons of cash without you even knowing it.

This is a sponsored post.