According to a report from the Federal Reserve, this year America’s total credit card debt eclipsed $1 trillion, with the average American carrying a credit card balance of $6,375 — a three percent increase from 2017.
This means it’s more important than ever to get a handle on one of the most powerful financial instruments we have — and it’s imperative to know which works best with your specific spending and borrowing needs.
USAA, the American organization that’s been working for the military community since 1922, has such a tool, one that can help you find the right fit and a card tailored to you.
For example: if you carry a balance, there’s a card with a low rate. If you pay in full, there’s a card that offers cash rewards on every purchase you make (like dining out, groceries, gas, etc.).
There a number of other cards however, that might be an even better fit. To see, and get your own customized assessment, hit the green button below.