Wednesday, September 16, 2009

Interest Free Credit Card for Everyday Purchases Do you have issues with credit card debt? If you're anything like many of my friends, you're being smothered by debt you started accumulating in college and it has since just snowballed. Trying to combat this somewhat is a new type of credit card. The new card has a feature called "Blueprint" that allows consumers to avoid paying interest on everyday purchases, such as groceries. Borrowers get to keep an interest-free grace period for everyday items as long as they choose those categories in advance and pay them in full each month. Card holders are still charged interest on the other items charged to the account. I think it's a great idea, not only for groceries, but gasoline as well. Would you apply for this kind of credit card? Would it be helpful to you? - Colleen [Gov Gab: Your U.S. Government Blog] 9:11:30 AM

© Copyright 2009 Jocelyn Shaw. Last update: 9/16/2009; 9:11:36 AM. Photo curtesy of Marjorie O'Brien