Quick, think. Would you prefer to choose from a variety of no annual fee credit cards or are there other benefits that interest you? Would choosing from the many no annual fee credit cards actually benefit you, the consumer?
Remember, no annual fee credit cards are always preferred–if all else remains the same.
Insight: Retaining no annual fee credit cards increases the “average age” of your entire credit profile. This in turn positively impacts your credit score.
Credit Cards offers vary a greatly when it comes down to the nitty-gritty fine details. Federal law requires lenders to disclose these critical details in order to remain compliant with disclosure laws. This applies to both no annual fee credit cards, and those offered with fees. (Scroll down to the bottom of the page to continue reading)