Hey Taylor: I got a credit card offer in the mail that seems really good. Low spending limit but the interest rate is good and I get cash back. So… what’s the catch? Should I be suspicious?

Hey Tommy: I think a dose of suspicion is always healthy when it comes to credit card companies. Their one big goal is to have you pay too much in interest. With that in mind, as long as you check your blindspots, there is such a thing as a credit card worth having.

Taylor Kovar is CEO of Kovar Capital. Read more about him at GoFarWithKovar.com.

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