Citibank is one of the best known credit card companies around. It is no wonder why so many people on a regular basis go out of their way to make sure that they look at and take advantage of any of the many Citibank credit card offers that they offer. The one issue is that often times a person will run into the issue of not being able to determine which of these offers is the right one for them. When that happens, there is a little research that you will need to make sure that you do as well as a few questions that you will need to make sure that you answer. These questions are needed and important as they will help you narrow down the offer that is right for you and allow you to skip over the ones that you don’t qualify for or the ones that are just not a good fit for you.
Your age and marital status will be one of the biggest factors that you need to make sure that you look at, the reason for this is due to the fact that if you are too young your credit will either not be there at all or you will have slow credit that will affect you being qualified for that offer. Your marital status can be a factor as some cards will look at the credit of both people in the house and will make their decision based on this. That means if your credit is perfect and your spouse has less than perfect credit, you will generally be declined for that particular credit card offer. If this is the case, you will want to make sure that you know what offers you are applying for and how likely it is that you will actually get approved.
Look at what the interest rate will be and decide if you are comfortable with that high of a rate for you to have to pay? Often times the answer to this question will be no and you will want to make sure that you look at other offers that will be presented to you. I tend to advise people that if the interest rate is too high, then you will either want to pass on the offer or use that card as your credit building card.
The use of a credit building card is something that every person should think about when they are first getting going in their life and trying to get credit under them. This is also a great concept if you are in a situation that you just filed for bankruptcy and are looking to get your credit back on track. The way that this works is simple, you take this card and use it for small inexpensive purchases, these are purchases that you could make on your own. Once you get home, you send in the payment and avoid the interest from hitting you. That is another thing that a lot of people don’t understand is that the higher the interest rate is, then the more you are going to pay that you really should not have to.