Most Frequent travelers know all about credit card blocking, many from painful first hand experience. Hotels post notices of their policy regarding blocking, usually in the form of an obscure plaque some clerks will point to when an inquisitive visitor checks in. Car rental companies rapidly recite their policy to callers wanting to reserve an SUV for the family vacation. Still hundreds of unsuspecting consumers will feel the pain of credit card...more
There are a number of balance transfer credit card facts and myths that are important to be cleared up. Understanding these facts and myths will help you to better keep your finances under control.Myth: I can get arrested for continually transferring my credit card balances.Legally, you can transfer your credit card balances as often as you want. So long as you are making your payments and not attempting to defraud your lender, the law does...more
Getting and having a credit card can be a beneficial thing for most people. You will have a big advantage when you have a credit card. A credit card can be especially useful when you want to purchase items remotely. Think how much easier it is to make purchases online, and reserve plane fare or hotel rooms over the phone when you have a credit card. It can also come in handy when you just don't happen to have cash when you decide to make a purchase. However, there is a flip side to having a credit card! A credit card can cause several problems if you don't watch your spending habits closely. When you get and use a credit card, you should recognize that you have taken on a big responsibility with some very serious consequences. Following the simple tips below can keep you out of trouble when using your credit card and allow you to enjoy all benefits: 1. A charge on your credit card is the same as taking out a mini loan! Keep track and make sure you don't overcharge on your credit card, as you have to be able to pay back all whatever amount you have borrowed. 2. Watch the balance on your credit card and keep a record of the balance from month to month. Keeping track of what you have...more
If you have bad credit, then banking and using financial products can be hard. However, there are ways that you can bank with bad credit and still get the features that you want. Also, if you have good credit there are some actions you can take that will easily ruin your credit score and reduce your ability to get the deals that you want. Here is...more
Are you thinking of applying for a new credit card? If so, you may want to begin asking yourself what your personal financial goal is. After you've recognized your own needs, you can then pick the category of card you desire and begin your journey to compare credit card offers.For a student who is applying for a first credit card there are a number...more
We all wish that our credit cards were interest free all the time. How much pleasure would it be to know that what you spend is what you pay back and there would be no interest to pay. What is happening is the credit card companies are fighting it out to see who can get the most customers and one way is to offer us 0% interest deals.The credit card companies are offering introductory offers including 0% on balance transfers and purchases for 6 or 9 months, so everything you buy is interest free how great is that! These offers are becoming more popular by the month, the credit card companies realise we will go with these credit cards first and that interest free deals for any period of time is a great way to pull in the customers.Break free from your high interest credit card...All credit cards can be interest free if you pay off your full balance on time and at the end of every month, but most of us cannot afford to do this. When the APR comes into force, usually a typical rate of 15-20% will be charged. There are however some better rates about if you are willing to search for them, including a rate of 9% and maybe even lower. Always check what your rate will be once the...more
If you are seriously looking to eliminate debt, then you need to consider applying for a balance transfer credit card. With the help of balance transfer cards, you can get yourself back on track and back in control of your finances. The Cold, Hard...more
When comparing the best reward credit cards, it makes sense to investigate everything, including the Annual Percentage Rate (APR) as well as any reward features that the card may offer. Potential cardholders should take into account the manner in...more
Airline credit cards, primarily aimed at a travelers' convenience, are the result of collaboration between credit card companies and different airline companies. These are very popular reward cards and are a step further to frequent flyer cards....more
Not reading the fine print of the credit cards you use is a sure invitation to have your blood sucked. Now a days millions of people are using credit cards to make purchases. If you pay for anything with a credit card, then beware that the 9%...more
Balance transfer credit cards can be an effective solution, properly used, for consolidating existing debts and avoiding a high APR on an existing card. However, customers should be aware of what to know before applying for a card, as well as what...more
Nowadays almost all people, including students, have credit cards. Everyone knows that people have to grow up sooner or later and credit cards for students can provide young people with invaluable lessons in the world of finance. Young people who...more