Best Credit Card for Auto Repairs
Your Guide: The Best Credit Card for Auto Repairs
So, your car has decided to go berzerk, and now you have to shell out some cash for repairs. We’ve all been there, which can be a bit stressful. Auto repairs can pop up out of nowhere, and if your cash on hand is low, you might look into using that credit card.
In fact, using a credit card could actually be a good option to help finance the repairs and make the payments manageable. Today, we’re going to cover the best credit cards for auto repairs.
Keep reading to find out more.
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Why use a credit card for your auto repairs?
First, it’s important to understand that most auto repairs can really hurt the bank account. So, by using a credit card, you’ll be able to absorb the cost of having to pay out of pocket.
The other cool thing to keep in mind is that if you decide to open a new line of credit, the credit card company might offer you some great incentives. For example, you might be able to get a certain amount of rewards, like cash back or points.
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The Best Credit Card for Auto Repairs
Upgrade Triple Cash Rewards Visa
This Visa card is a great option for plenty of reasons. First, it offers an incredible 0% intro APR, which makes paying for that hefty repair a bit more manageable. Additionally, it offers 3% cashback on most major purchases, whether they’re home, auto, or health.
Another great perk is that you can use your reward points towards your outstanding balance. So, you can ultimately lower your balance faster than you would by paying out of pocket.
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Synchrony Car Care Credit Card
If you want a card solely focused on auto repairs, this one is it. It’s designed specifically for all things auto. There is no annual fee, which makes their offer appealing. Plus, they have some flexible financing options, like six months of different interest rates. Pretty rad, right?
Chase Freedom Unlimited
Lastly, you have the Chase Freedom Unlimited card. The great thing about this option is that it offers over 1.5% cashback on all purchases, no matter what. It also has an incredible 0% intro APR offer for the first 15 months, which makes carrying a hefty balance a bit more manageable. There’s no annual fee, and you have a ton of additional benefits.
What should you consider when it comes to choosing a card?
When selecting the best credit card for your needs, there are a few things you need to consider. First, you want to look at interest rates. This is probably the most important factor.
The lower the interest rate, the better your pocketbook will be. Next, you want to see if any promotional financing is available. This will help take off the financial burden of any big auto repair expense. Lastly, you want to read the fine print and ensure you have reasonable fees that won’t stack up against you.
Conclusion
In conclusion, finding the best credit card for auto repairs depends on a few different factors. By considering the above, you will be able to not only get the repairs done that are needed, but you won’t have to pay out of pocket. So, you have a few options to consider the next time you find yourself in a bind because of your car or truck. Happy shopping!