As the Silly Season (meaning Christmas) approaches, you will most likely find yourself using that little plastic card more often than you would wish. There are Christmas cards to mail out, gifts and gift wrappers to buy, parties to prepare for, food to cook, tree to decorate … the list just goes on and on and on.
After Christmas, that’s when you’ll be inundated and tempted by credit card promotions such as Balance Transfers, No Annual Fees, and other enticing offers. Although some of these offers can really help you with your finances, you still have to read the fine print before signing on the dotted line otherwise, you might find yourself falling into a bigger debt trap.
So what exactly should you watch out for or be wary of?