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Compare the interest rates, credit limits, fees and charges, payment terms and other conditions imposed on various programs.
Choose a catalog credit card that carries the most reasonable features.
1. Take time to choose a credit card that matches your needs and
budget.
You should pick a card issuer that will report your credit and payment activities to the major credit bureaus – Experian, TransUnion and Equifax.
2. Rebuild your Credit History
Be attentive to the rate of interest, and check whether it is fixed or variable.
Bear in mind that although a variable rate credit card usually comes with a low introductory APR, the rate can suddenly shoot up depending on the changes in the Primary Rate.
It will still be best to lock in an affordable rate on your catalog credit card.
3. Observe the rate of interest
Maximizing your credit limit can
cost you great deal of cash in the form of overdraft charges and declined transaction fees.
It can bring further damage to your credit history.
4. Avoid Spending beyond your credit limit
Understand the terms and conditions that will apply to your catalog credit card before signing your contract to avoid problems in the future.
5. Carefully Review Your credit card program
