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Choose Your Credit Cards Wisely

Published: August 12, 2019

Many of us want to take advantage of flexibility in our spending plans by using credit cards, but it is important to choose the right credit card to fit your lifestyle.  You may receive credit card offers in the mail, but that does not mean it is a good idea to apply for and begin using those cards.  When shopping around for a new credit card, look out for the following to be sure you are making a smart decision:

  1. Late fees and other charges – most creditors charge a fee if you do not make a payment on time. Other common credit card fees include those for cash advances and going beyond the credit limit. Some credit cards charge a flat fee every month, or every year, whether you use the card or not.
  1. Grace period – this is the time between the date of the credit card purchase and the date the company starts charging you interest.
  1. Annual Percentage Rate (APR) – know how much you’ll pay in interest if you carry a balance from month to month, and what the rate will change to if you are late making a payment.
  1. Customer service – customer service is something most people do not consider until there is a problem.

Also, be sure to know and understand any influences on your spending habits.  If you tend to overspend easily, avoid a card that offers rewards for spending unless you pay off your balance each month. 

No matter what credit card you end up choosing, be sure to use it wisely.  Remember that using your credit card means committing future earnings to monthly payments.  Stick to your budget, keep all receipts so you can check them against your monthly statements and dispute errors, and pay on time and preferably, in full.

ALL CAPS Stanley Cup Rematch Giveaway 

USSFCU Visa Smart Rate or Visa Smart Reward Credit Cards

Currently, USSFCU is giving members the opportunity to win Caps tickets and a fully catered suite for the Stanley Cup Rematch August 1, 2018 through September 30, 2018. Members are automatically entered for a chance to win, when they transfer an existing credit card balance from another financial institution. Two Grand Prize Winners will be selected on October 3, 2018.

For more information, terms and conditions please visit our ALL-CAPS Stanely Cup Rematch Giveaway-Credit Card Page.

Visit USSFCU’s Visa Credit Cards for more information on our credit card offers. 

If you want to learn more about credit, contact GreenPath. As a valued member of the United States Senate Federal Credit Union, you can take advantage of the GreenPath Financial Wellness program, a free financial education and counseling program.  GreenPath counselors are available Monday through Thursday 8 a.m. to 10 p.m. (EST), Friday 8 a.m. to 7 p.m. and Saturday from 9 a.m. to 6 p.m. To use this new service, simply call 1-877-337-3399 or visit them on the web at

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