Question

If you are planning to carry a large balance on your credit card, which of the following credit card features should you look for?

Answer 1

The most important thing is to have low credit card fees. Some of them are annual fee, financial charge, late fee, over-the-rate fee.. Also low fee on balance transfers is very important and low APR (Annual percentage rate). APR can be fixed but also variable, however it depend on the amount of balance, the larger the balance, the bigger the rate. You should also look for a reward for using their credit card.