3 secrets to getting a better deal on your next credit card

By UK CreditCards.com

Are you looking for a better deal on your UK credit card? With a dazzling array of credit card providers and promotional offers, finding the best credit card deal can be tough. But it's not impossible. 

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Here are 3 secrets to getting a better deal on your next credit card.

1. Head online
The web has made it easier than ever to compare hundreds of credit cards from dozens of providers. You can often compare benefits, promotional deals, card rewards and fees in one place -- making it simple to find the best home for your credit card debt.

In addition to making it easier for you to compare credit cards, the internet also offers the potential for exclusive deals. You will sometimes find that providers offer exclusive interest rates on credit cards if you apply for these cards online.

2. Have a good credit score
Card companies typically only offer their very best deals to people with an impeccable credit rating. So, make sure you manage any existing credit card debt carefully and make all of your monthly payments on time.

You should also obtain a copy of your credit file at least once a year. This enables you to ensure that all your credit information is accurate and to correct any errors.

3. Be disloyal
In the 21st century, switching your credit card debt from provider to provider is not only commonplace but also positively encouraged. Being a so-called "rate tart" can actually save you a considerable sum as you can always take advantage of the latest promotional deal.

Nowadays, staying with your current credit card provider may not be the best thing for you. Getting the best deal on your UK credit card requires shopping around on a regular basis and never paying more interest than is necessary.

See related: Warning: Choosing the wrong credit card could cost you thousand; New rules impact credit card lenders

Published: 3 March 2011