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Tom Meaglia, ChFC®

Chartered Financial Consultant


Investment Advisor Representative

CA Insurance Lic. #0567507

Meaglia Financial Consulting

2105 Foothill Blvd., #B140, La Verne, CA 91750

Toll Free: 800-386-3700

Bus: 909-593-6105

Cell: 818-681-8600

Fax: 909-593-6120



January/February 2021

Credit Card Lures

Credit Card Lures

Credit card companies attract new customers with enticing offers. If you’ve recently received an offer, beware of these pitfalls.

  • 0% Interest Rates
    That 0% interest rate may be for a limited time so if you fail to pay the entire principal balance by the end of the introductory period, you’ll be charged interest.

  • Sign-on Bonuses
    Often a bank will offer a cash sign-on bonus if you make certain purchases. Maybe you’ll have to spend $2,000 in the first three months. However, the bank is counting on you not paying the balance in full so they can collect interest. Any sign-on bonus you receive may be less than the interest you pay.

  • Annual Fees
    Many of the points, miles or cash back cards have an annual fee. While it might be tempting to get that card with 2% cash back on every purchase, you’ll need to spend $4,750 each year to earn enough cash back to cover the cost of a $95 annual fee.


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Investment advisory services offered through Fusion Capital Management, an SEC Registered Investment Advisor. 9111 Cypress Waters Blvd., Ste 140, Dallas, TX 75019.
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