As an Experienced Financial Adviser You Are Often Asked to Provide

As an experienced financial adviser you are often asked to provide assistance to people who are contemplating taking out a new credit card or transferring their existing credit card facilities from one lender to another. Often the lender provides 'financial incentives' to the applicant to encourage them to undertake such borrowing arrangements including; credit limit increases, honeymoon rates and cash back offers. Outline what these 'financial incentives' provide to the potential applicant and the considerations that they should assess prior to undertaking any of these credit arrangements.