Millennials love credit card signup bonuses

Business

A new survey suggests millennials prefer flashy credit card perks to practical ones.

According to creditcards.com, 36-percent of millennials want travel credits and cash bonuses when getting a new card.

Only eleven-percent chose zero-percent interest on new purchases and balance transfers.

Analysts say it is because 23 to 38-year olds love to travel and see a free flight or hotel as more exciting.

The opposite is true for older generations.

30-percent of respondents -39 and older prefer the zero-percent interest option.

And experts say choosing zero-percent interest is the best way to eliminate debt. 
 

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