At first glance, it seems incredibly awesome to have a rewards plastic with introductory rates. Well, who doesn't like the promotional period on credit cards? If your credit history is good enough, you have a green light to make these credit deals. Though it sounds bizarre, some rewards credit cards with introductory rates may turn out to be not so beneficial in the long run. If you have credit card perks, you are tempted to make the most of these perks. However, sometimes credit cards may come with inconsistent credit perks.

Take for instance rewards plastic that come with 0% introductory APR for balance transfers. There are also plastics with promotional period for both purchases and balance transfers. And here is the catch.

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The thing is credit cards with 0% APR on balance transfers are designed for people with a strong financial position who aim to eliminate their debt. Speaking of rewards credit cards, they stimulate customers to make credit card purchases at certain locations or anywhere for gaining additional benefits - points, rewards, airmiles, and more.

And by the way, credit cards with rewards were also designed for the same consumer group, i.e. people with good or excellent credit. If you consider these credit options separately, they're great. But the card that comes with rewards and 0% promotional APR for balance transfers impose danger.

Let's assume you've got a new shiny cash back plastic with a zero per cent APR on balance transfers and some gorgeous percentage of cash back. By all means, you'll be tempted to shift your higher-rate balances onto this card.

The introductory period is long enough and you're sure that you've got bags of time for paying off that very debt. As a rule, consumers have several credit cards, so this one won't be the only one in your wallet. Staying in front of the checkout counter, you will rack your brains guessing which credit card deal gives you more rewards, and most probably, you'll swipe that very cash back card.

Oddly enough, most consumers don't even realize that they make a huge mistake by shifting higher-rate balances on a cash back card with a 0% intro APR on balance transfers. The thing is, credit issuers order credit debts in such a way that a cardholder pays off a lower-rate debt first. This way, your best intentions to eliminate your credit card debt may have unexpected results.

Though, both cash back cards and balance transfer credit cards are designed for good and excellent credit users, you can hardly make the most of these options if you would like to benefit from this card. You should choose one of them but it appears to be pretty hard to make this choice. It's really tough to resist the temptation of saving with your cash back plastic and it's equally hard not to take advantage of the promotional rate on balance transfers.

If you're patient enough, you may benefit from your intro rates on balance transfers and pay off your high-rate debt as soon as possible but do your best and avoid using this card for purchases. If you are not so patient, simply avoid making such catchy credit card deals.

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