No Annual Fee, No Problem: Dr. Ranjan George Explains Smart Credit Card Choices
Dr. Ranjan George professor of management, was featured in WalletHubs article titled “No Annual Fee Credit Cards.” The article examines how no-annual-fee cards can still offer strong perks like cash back and 0% introductory APR. These types of cards are best for the average spender, as fee-based cards only provide greater value if rewards outweigh the annual cost
Dr. George shares his expert perspective on how consumers can choose the right credit card based on their financial habits. He emphasizes that the smart move is to look at overall value, rather than avoiding fees alone. A no-annual fee card is a safe option as they can be kept for long-term at no cost and be used to build credit. Fee based cards make the most sense for who spend a lot and will fully use the rewards and perks offered. Overall people should match the card to their behavior, and not the advertised rewards.
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🔗 Read the full article: https://go.rutgers.edu/jkrgelry