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Can a credit card help you to save money and build wealth?

Written by Alfred Edmond Jr.

October 8, 2018

Anything that encourages you to save is a good thing. Or is it? Investment rewards credit cards are touted as a savings tool. The cards, around for more than a decade, are linked to vehicles like a money market, brokerage or investment account, or college savings plan. Rewards are credited to the accounts as a percentage of the purchase activity on the card. However, there are risks and potential drawbacks to consider.

Click ▶️ to hear Alfred Edmond, Jr.’s Money Matters report:


Original article source: http://aurn.com/can-a-credit-card-help-you-to-save-money-and-build-wealth/ | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council

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