Do charity credit cards really make a difference?

As they aptly state, charity begins at home, and in the case of charity cards although one might feel really good and positive by doing their little bit for the underprivileged, one might be pushing oneself down the debt well.

Therefore, when one opts for a charity credit card, one feels all hunky dory about doing their little bit for charity, but you might just not be able to draw the line on your spending and end up needing charity yourself. This is the only thing that you need to take into consideration. If you can handle this issue well, you can always opt for one such credit card.

However, there is one important thing that you should also bear in mind when using these types of cards. The thing is that charity credit cards donate an extremely low percentage of the money collected to charity. If one were to calculate it, it might almost work out to be a drop in the ocean. If you are really interested in opting for a charity credit card then before you consider opting for it, check the amounts that each card charges and what is the percentage that is donated to charity. This will enable you to not opt for a charity credit card with their eyes closed.

Some people when they found out about the logistics of charity credit cards and the miniscule amount that ultimately lands up at the doors of the charity house, opted for other means. In the realm of credit cards, one might want to consider taking a cash back credit card instead and the amount generated from it can be donated to your favorite charity.

Another thing with charity cards is that the amount might be donated to a charity house or cause that might not have bought your favor. There might also be the case of your favorite charity not featuring in the list or newer charity houses being overlooked. Although charities really do appreciate the amount that credit card companies donate to them.

Charity credit cards allow one to use the rewards program not for their selfish needs. The act of giving is always appreciated and is not only good for the receiver, but does immense good to the giver too. So, if one is able to keep a tab on ones spending and not go overboard, charity credit card can work out well.