Here are some points you should consider when choosing a bank to apply for your credit card application later:
Amount of Interest Rate
In the use of credit cards, you will also be charged a certain amount of interest if you do not pay off your bills on time. So it will be important to consider the size of the interest rate set by the bank, this will be very burdensome to your pocket, especially if you are often delinquent bills.
Various Other Costs
The credit card also has a number of fees that are mandatory and some of it is a consequence of your negligence in fulfilling obligations. There are many costs you should consider from the start, such as: late payment fees, stamp duty, annual fee fees, over limit fees, and other types of fees. Basically, each bank will apply different policies regarding those costs, so you’ll have to calculate them carefully from the start.
Ease of Payment
There are many banks that facilitate their customers in making their credit card bills, among them by providing auto-debit facility, internet banking, text message banking and also through ATM. When you use a credit card, you will make a payment each month (depending on the transaction you are doing), so consider choosing a bank that provides ease of payment service for you. Do not you have to waste a lot of time and line up at the teller every month, just because the credit card issuing bank implements a difficult payment system you access.