1. Track purchases: Business or corporate credit cards provide a great system for tracking employee expenses and taking advantage of tax savings for eligible business purchases.

2. Stop prescreened offers: You can opt out of prescreened offers for 5 years (or even permanently). Just call 1-888-5-OPTOUT; within 60 days, mailings should stop.

3. Get your rewards: As long as interest rates are comparable, if you’re using credits cards, try to choose those offering rewards or points for purchases.

4. Monitor rate hikes: Many credit cards attract new customers with an initially low interest rate; be careful; it may rise quickly after an introductory period.

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Article by Nakagava Ltd., creator of PiggyBob™, the first truly user friendly personal finance software and time manager. PiggyBob™ is an extremely convenient tool to help you keep track of your income and expenses, plus a very useful printable calendar to record all important events in your life. All the data you record in PiggyBob™ can be handily visualized in graphs. 

This entry was posted on Thursday, November 9th, 2006 at 2:32 pm and is filed under Debt management. You can leave a response, or trackback from your own site.