8 Credit Card Offers That Could Backfire Later
Credit card companies have their own interests before yours. Read between the lines before accepting an offer.
Debt.com is not a daily deals or a coupon site, but we’re big fans of using them. Anything that helps you save money and cut costs to avoid adding more credit card debt is a good thing. So, we’ve partnered with our friends at Coupons.com to bring you the best discounts available this week.
Remember, the more you save, the less likely you are to rely on credit cards to cover expenses because you have limited cash flow!
Coupons powered by Coupons.com
The nice thing about sites like Coupons.com is that they offer straightforward savings for consumers. Just find the coupons you want, clip, print and save. There’s no members’ only portal where you earn points for saving a certain amount or buying up to a certain level.
Other daily deal websites and apps, as well as in-store customer savings programs, come with a hidden financial risk built in. They help you save by driving you to spend more. That’s what purchase acceleration is all about. It happens with point-rewards credit cards, too, where you spend extra to hit the next reward level.
On many saving sites and apps, they’re always driving you to spend money with them. They help you save because getting you to spend more helps them generate more revenue. You can get some amazing deals, but if you’re overspending to get them, your strategy is off.
This is especially true with retail discounts on things like clothing and household goods. In-store savings programs are often worth the flood emails that hit your inbox. But you need the willpower to only take advantage of the deals you actually need.