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
Comments