Get Out of Debt 101 Blog

Ok, I found another good credit card that is worth checking out. Again, compare them and see which one would be better for your situation if in fact you do need a credit card. If you don’t, then DON’T apply… just refer them to someone who may need it.

I found that the Schwab Bank Invest First Visa Credit Card may be a good option for some people.

You must first open a Schwab One Brokerage account (no fees to open it and no fees to maintain it), but it gives you unlimited 2% cash back on purchases, automatically deposited into a Schwab One brokerage account each month.

I think that if you are going to use a credit card, at least use one that will offer you some benefits. Remember not to close your old accounts since you need that length of credit history to help you improve your credit score, and make sure you don’t have more than 3 or 4 credit cards. But if you need a credit card, any of the ones we reviewed here could be a good option depending on your situation. Also remember that any bank can change their interest rate and conditions at any time.

Remember to ask yourself: “What did I do today to get out of debt?” See you tomorrow!