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Andrew is shopping around for a credit card and does not expect to pay the balance in full each month. Andrew is a big spender
Andrew is shopping around for a credit card and does not expect to pay the balance in full each month. Andrew is a big spender who will carry big balances from month to month.
What is Andrews best option?
Pay an annual fee to keep the interest rate as low as possible
Avoid cards with annual fees, and get one with as low an interest rate as possible
Select the card with the longest grace period regardless of its annual fee or interest rate
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