Credit Cards
How to Make Sure You’re Getting the Best Credit Card Rates
How to Make Sure You’re Getting the Best Credit Card Rates
Are you getting the best credit card rates possible? You’d better hope so. If you’re not, you could be throwing thousands of dollars down the drain without even realizing it. Want to know how to make sure the best credit card rates are on your monthly statements? Here are four tips that will help you do just that.
1. Watch Those Payments
The first and most critical step towards getting the best credit card rates is making each and every one of your credit card payments on time. One late payment and it’s like a credit card domino effect. The card you paid late experiences a rate increase and then your other cards’ interest rates are jacked up too.
How exactly does one credit card payment affect a totally different credit card? Welcome to the world of the Universal Default Agreement. When you default on one credit card, your other credit cards are given license to act as if you defaulted on those as well. As a result, your rates begin to jump. At this point, even the best credit card rates can soar to 20-percent or more.
Do yourself a favor — if you want the best credit card rates, make on-time payments priority number one.
2. Don’t Be Afraid To Ask
Sometimes getting the best credit card rates is as easy as asking. Think your credit card company is charging too much? Tell them you want a rate decrease. If you’re a good customer who makes on-time payments each and every month (and you’re not already enjoying the lowest rate they can offer) your credit card company may be willing to reduce your rate to keep you as a customer.
If, at first, the person on the phone balks, tell them you want to talk to the manager. Explain to the manager that you can get a lower rate elsewhere (and will) if your needs are not accommodated. If it’s at all possible to lower your rate, they usually will.
3. Transfer Your Balances
If your current credit card company isn’t willing to lower your rates, don’t be afraid to jump ship. There are many companies out there that offer the best credit card rates and if your credit is up to par, they’ll be happy to transfer your balance over to a new account.
When transferring balances, just make sure you don’t get sucked in by a “teaser” rate. If the low rate jumps up six months from now, you’ll be back to square one. The best credit card rates are fixed rates — not limited-time offers.
4. Don’t Balk at Annual Fees
Sometimes getting the best credit card rates requires paying an annual fee — especially if you have less-than-perfect credit. If your credit situation isn’t exactly ideal, don’t balk at paying a low annual fee in exchange for getting the best credit card rates. If you have high balances and a lower rate allows you to pay your debt off for less, the annual fee can pay for itself.
The best credit card rates aren’t just a pipe dream. They’re there for the taking if you know how to get them. Don’t overpay for finance charges. Use the above four tips to make sure you’re getting the best credit card rates possible.
For more tips on credit cards, saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources.
Ricks Rant for January 12, 2010
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How Rewarding are Reward Credit Cards?
How Rewarding are Reward Credit Cards?
Who dislikes bonuses? People are often enticed by attractive bonus offers and credit card offers are no different. Shrewd credit card companies are using lucrative credit card rewards to lure new customers in and sustain existing customers. Reward credit cards offer several key features that attract more customers into the fold. As a potential customer your duty is to distinguish between those genuinely beneficial reward credit card offers and those less promising reward credit cards. Many credit card issuers do offer a variety of rewards programs, however, they also find an innumerable number of ways to make up for those reward payouts with fees and charges that unsuspecting customers sometimes overlook.
Reward Credit Cards
If you are in the habit of paying off your balance each month, a reward credit card is ideal for you. Reward credit cards offer myriad rewards for using their respective cards. You can very easily earn reward points for merely making purchases with your card as well as a host of incentives that are offered in the form of additional redeemable reward points.
As you might suspect, card issuers and banks offer starkly contrasting reward redemption options. Credit card issuers give you the option to redeem your points in a variety of ways. Some cards give you an option to use your reward points on other purchased items. Some reward cards offer redemption toward free travel on specific airlines, discounts on merchandise, gas rebates, free entertainment discounts, movie tickets, or even straight cash back rebates. You can even earn a substantial discount on your next automobile purchase from some reward credit cards.
Difference between Reward and Cash Back Credit Cards
Reward credit cards and cash back credit cards are very similar. However, they have several distinct features that differentiate one from the other. Quite simply, a cash back card earns you a cash back rebate that is issued in rebate check increments of to 0 or as credits back to your unpaid card balances. A reward card earns you reward points that can be redeemed on a variety of products and services, however, most reward credit cards will limit the range of merchandise and services to a few select companies.
Increasing Your Reward Points
If you are married, you may request an additional reward card for your spouse this enables you to increase the amount of purchases from both you and your spouse. More than likely, you have monthly bills to cover such as gas, water, electricity, trash, phone internet and cable service. And do not forget about the mortgage or rent payment. There are several reward credit cards available currently that allow cardholders to pay these monthly bills and earn reward points in doing so, a very enticing reward program. Be sure to first with your utility service providers, landlord or mortgage lender about making your monthly payments by credit card. But you should make sure that there are no added transaction fees for paying the bills in this manner. You can also use your reward credit cards to pay for your groceries instead of paying by cash, debit card, or check. This way you can dramatically increase your reward points much faster than just using the card for large purchases.
With all of that said, keep in mind that you must be absolutely sure that you pay off your card balance each and every month and painstakingly avoid carrying any sort of card balance on reward credit cards. Carrying a balance, in many cases, will completely negate the benefit of the reward points that you earn with finance charges.
To summarize how to properly use a reward credit card, you should only use a reward credit card if you expect to pay off the balance each month. Second, be sure to select a card with a variety of reward options so you can enjoy more flexibility when you redeem your points. And lastly, always be sure to redeem your reward points before they expire, which happens to be another common pitfall of reward credit cards.
For more on reward credit cards, Robert Alan recommends that you visit CreditCardAssist.com
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How To Apply Credit Card Rewards To Charities
How To Apply Credit Card Rewards To Charities
One way cardholders can donate to charities is by using credit cards that specifically donate a percent of your purchase straight away to the charity. The APRs for these cards is usually not the best in the world. I wonder if the company is actually donating anything at all or rather passing the cost of the donation on to the cardholder through the higher APRs.
If you want to help a charity, look at credit cards that let you forward your points on to them. This way, you give to charities without actually giving out of your pocket. The reward points you would normally get from your credit card company go the charity of your choice. Instead of cashing them yourself, forward them to your favourite charities for their use.
It may not seem like much but every little bit counts and adds up. Charities can use the points to buy needed things and they can use travel miles.
What You Need To Do
With these credit cards, you simply chose the option of donating your reward points to a charity when you go to cash in your reward points online. Probably the only thing I should warn you about is that any decision you make to donate the points is permanent. You will not be able to get them back if you get donator’s regret. So think twice before clicking that button!
The Downside
The only true downside if you want to apply credit card rewards to charities is that you do not get credit for it. While you can normally use cash and time donations to lower your taxable income through tax deductions, you cannot do so when you donate your card rewards to a charity.
If the tax break is important enough, you might be better off using the credit card rewards yourself and then making a cash donation directly to the charity instead. Only in that way will you see any tax benefits.
Watch Your Balance
Remember, you do not want to end up paying unnecessary finance charges just to use apply your credit card rewards to your favourite charity. The credit card company is not going to apply any of the finance charges you pay on an unpaid balance to any charity, so giving up money like that is just money going down the drain.
If you can pay off your credit card balance each month before the grace period is over, then using a credit card for charity can work.
Peter Carville is a freelance article writer who writes for Financial Facts about the current financial news and the credit crunch.
Prepaid Credit Cards, Free Prepaid Credit Cards
Prepaid Credit Cards, Free Prepaid Credit Cards
The following prepaid debit cards and prepaid credit cards can help you control your spending. A reloadable debit card allows you to only spend up to the amount you have pre-deposited into the account. If you tend to overspend or would like to control your spending then a pre-paid debit card or prepaid credit card could be a good card for you.
Using a prepaid credit card has many advantages over wire transfers, money orders or other agent-based money sending locations. There are no unexpected agent fees for the recipient, and no need to carry large sums of cash. The prepaid credit card can be used to withdraw smaller amounts as needed from any Visa ATM. You can add more money to the prepaid credit card online, at any time immediately.
Why go prepaid?
Getting a prepaid card can help you build your credit history. If you are thinking about buying a car or house soon, get a prepaid to start building your credit. Most prepaid cards don’t have payment due dates. If you don’t want the responsibility of making a payment on time, get a prepaid and you will never have a payment. Credit cards often have fees. Get a prepaid and never overspend you limits, spend the planned amount, and earn rewards at the same time!
What are the charges?
Card application fee – Is there a charge for opening your account? If so is money loaded onto the card so that you have a balance on the card?Monthly service charge – Is there a monthly subscription fee and what do you get for this charge? For example does the prepaid card company provide free top-ups, an online service, a helpline or other additional services for you, funded by this fee?Customer call helpline – Are you charged at premium rate, national rate or standard rate for essential calls to the company’s helpline?Credit card/cash load – Is there a charge every time you top-up and does this vary by the manner in which you top-up, for example transferring funds from a credit card or in cash at the Post Office or at a Payzone or Paypoint terminal?
No interest to pay…
There’s no interest to pay or late payment fees! Because your cashplus prepaid MasterCard only approves transactions up to the amount prepaid on the card, it puts you in control of the amount you can spend. There’s no surprises as you can use the online facility to monitor balances and transactions at any time day or night.
Benefits of Prepaid Credit Cards
Spending independence – You can use prepaid credit cards just like regular credit cards. Just find what you need, hand your card to the clerk, sign your name on the receipt, get a copy of the receipt and your card back–and you’re done.
Convenience – Prepaid credit cards can be used everywhere Visa or MasterCard is accepted-at stores, gas stations, restaurants, theaters, in the mall and online.
Budgeting – You figure out in advance how you’ll spend it: spending can be controlled by how much money is loaded. In addition, prepaid credit cards provide a simpler way to keep track of money vs. carrying cash.
Read about health answers, health board, health forum. Also Read about ask question, discussion forum and Home Remedies
Secured Credit Card or Unsecured Credit Card – Which is Right for Me?
Secured Credit Card or Unsecured Credit Card – Which is Right for Me?
“I’ll just put it on my card.” It’s a phrase often heard coming from young people or big spenders who either do not understand the repercussions of “just putting it on a card” or have the money to back up their words. The most popular form of payment by consumers this day and age is the simple swiping of that little plastic card. In the past cards were used “only in emergencies” and were issued only to those who were responsible enough to use them. However, now it seems like anyone, despite their age, financial status or credit history can apply for not just one, but any type of credit card available.
If you are new to the world of credit cards there are probably lots of terms, numbers and jargon that are confusing for you. Which card is the best? You mean there’s more to be had than just Visa or Mastercard? What is an APR? These are all things that might be running through you head. The best advice is to start with the basics. What type of card is right for you? Another baffling question for a new credit card user since you probably didn’t realize that there are two types of cards available, secured and unsecured credit cards. And if you did know this little fact, you may not know what the differences are.
On the surface the difference between a secured and unsecured credit card is simple. One holds some type of security while the other does not. You might be thinking that a secured card would be the way to go because it sounds like it might be more secure for the consumer. However, the security is actually for the credit card company.
When using a secured card the consumer is required to deposit a certain amount of money into the company’s bank via a savings account or CD. The available credit limit is then based on the amount deposited. These amounts vary depending on the creditor. After the consumer is issued a card, which works just like any other secured or unsecured card, the company uses the deposit as a security for payment on purchases made using the card.
Generally, secured cards are applied for when someone has a low credit score, has filed bankruptcy or does not have any credit history. Secured credit cards are easier to get approved for but also come with more strings attached such as higher interest rate, membership fees, and application fees.
If you don’t fall into the category of having bad or no credit it would be in your best interest to start with an unsecured credit card. An unsecured card simply gives you spending power with no former deposits or collateral to back up your spending. The consumer simply charges the amount to the card with the intention of paying back the borrowed money each month. There are still fees for charges that are not paid on time or if the consumer goes over their credit limit.
Unsecured credit cards still require a check of your credit score and financial history; however the credit limit is not based on a certain amount that you deposit in a bank. These cards also come with lower interest rates and fewer fees. If you’re new to the world of credit cards and have no negative credit history, applying for an unsecured card is the place to start.
Jeremy Thompson is the author of UnsecuredCreditCardApplication.net your online resource to unsecured credit cards and unsecured credit card applications. Find lots of great credit card information on his site. Check it out at http://www.unsecuredcreditcardapplication.net
A step by step video talking about the reality of credit card debt, and how the credit card companys are really charging you 83.3% interest.
Video Rating: 4 / 5
Earn Uk Travel Reward Points With A Travel Credit Card
Earn Uk Travel Reward Points With A Travel Credit Card
Through your everyday spending, travel credit cards allow you to earn rewards points that you can use to buy airline flights, special travel products and travel holiday deals. You may receive bonus airline miles, special tickets to sporting events, football games, or other reward perks. UK Credit Card Centre offers an impressive selection of travel credit cards. Wouldn’t you like to get started earning travel rewards for your everyday purchases? It’s fast, easy, and convenient to apply online
Credit cards that offer travel rewards programs are reasonably flexible and might provide airline miles, points that are redeemed for hotel accommodation, or complete holiday packages. You earn reward points or airline miles whenever the credit card is used for everyday purchases. Credit cards used for travel related spending such as purchasing airline tickets or hotel reservations, a greater number of reward points are usually awarded to your account. Reward points can be redeemed for airline tickets, hotel accommodations, car rental, or special treatment or upgrades while traveling.
Many of the top credit card companies in the UK offer travel related credit cards. MBNA, a leading credit card issuser in the UK has many cards designed to offer travel rewards.
The bmi American Express® Credit Card from MBNA , the Virgin Atlantic American Express® Card from MBNA, and the the British Airways American Express Credit Card all offer travel rewards programs.
In summary travel credit cards are becoming the most popular credit card type in the UK. You can benefit greatly from you everyday spending, accumulate miles and points to get you on your way to the travel holiday of your dreams. But not all rewards program as the same, you must read the fine print, and understand the quality and value of the points earned, as well as any travel restrictions that might affect your travel destinations. Once you understand the details of each of the travel related credit cards on the market, you then can make the decision of which card is best suited for your dreams.
When evaluating travel related credit cards take the time to understand the interest rates and fees associated with with each of the car
To find out more, please visit our Travel Credit Card page at the UK Credit Card Centre
At the UK Credit Card Centre our primary purpose is to provide personal financial solutions. Choosing the credit card that is best for you is rather simple. What\’s not simple is the effort that is needed. That\’s where we come in, we provide the tools and information necessary to help you find the credit card that is right for you. Visit our site to find out more, UK Credit Card Centre
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How To Apply For Credit Cards For Poor Credit
How To Apply For Credit Cards For Poor Credit
A poor credit history does not necessarily mean you can’t obtain a credit card. Many providers offer cards for poor credit. Unfortunately, if you are having financial trouble most people will tell you that you will not be able to obtain loans or other forms of finance. The truth is that obtaining a credit card is not difficult if you are employed even if you do not have a perfect credit history.
Depending on the details of your credit history, you may have to wear a slightly higher rate or opt for a secured card to cover the risk to the lender. However, many people with low credit scores are still able to obtain finance with reasonable rates and charges.
Credit cards for poor credit include both secured and unsecured cards. Secured cards require you to deposit money with the provider to the limit on the card. This protects the lender from the risk of you defaulting on your payments. Your payment record will affect your credit score in the same way as with unsecured credit cards. However, unsecured cards are still commonly approved for borrowers with low credit scores. Sometimes credit card providers charge more in interest, fees and charges than the standard rate to cover the increased risk, however this by no means has to be the case.
Despite common wisdom that says you should never get into debt again if you have a low credit score, the only way to repair your credit is to be a good borrower. This means you need to get into debt but manage it properly. Credit cards for poor credit provide a great opportunity to raise your credit score. If you spend only what you can afford and make more than the minimum payment before the due date, your credit score will begin to increase. Over time, you will be able to recover your financial reputation.
There are more credit cards for poor credit available than you probably realize. The key is to find the best ones. The best credit card will have the lowest interest rate as well as low ongoing fees and charges. Sometimes the interest rate will be higher but the fees and charges will be lower. You may have to calculate monthly and annual costs based on if you spent up to your limit in order to work out which one is really the best value.
By simply doing an online search for credit cards for poor credit, you will discover a large number of cards available. However, there are so many different ones on the market that it is easier to use a comparison website to find and apply for the best one for you. These sites trawl through the information for you and come up with a shortlist of the better offers. As well as providing really useful information, these sites usually summarize the information into table form so that it is easy to compare cards. They make things even easier with online application forms. By using these services, you can choose the best credit card quickly and easily. Used correctly, your new card can help you repair your credit while still providing emergency funds.
Our site shows you how to apply for credit cards for poor credit online and get a low APR credit card online. The associate site offers UK credit card balance transfers.
You Know What? you Should Get a Good Credit Card Deal
You Know What? you Should Get a Good Credit Card Deal
Let us see what can be considered a good credit card deal. A credit card deal is good if it maximizes on benefits for you. So, if a credit card fits your lifestyle in such a way as to rake in maximum personal benefits, then you have found a good credit card deal. What is important here is that you have found a good credit card deal for the person who is going to use the credit card and not someone else. Lifestyle and credit needs differ from person to person, that is one of the reasons why credit card companies offer so many different types of credit cards. It may be true in some instances where the lifestyle of two individuals is similar that a credit card deal which is good for one is good for the other. However, most often a credit card that is good for one individual will not be a good credit card deal for both.
You may want check with other individuals who have recently procured a credit card to decrease the time needed for researching a good credit card deal. Still, it is a matter of deciding your own needs. For instance, if you travel often and to far distant places by air, you would probably choose a credit card that offers you good travel benefits, rewards and rebates. You may decide to get your credit card from a credit card company or the airlines themselves to get the best travel benefits. For shoppers, a good credit card deal might be a card that offers discounts, rebates and rewards on shopping. The retail stores may have credit cards to offer you that are of value to you, so you may decide to get your credit card directly from the retail store instead of a general credit card issuing company. Also, there are credit card deals from gasoline stores, big grocery chains and other establishments. If your credit card needs are not specific, you might use a general purpose credit card. Many of these credit cards give reward points on every purchase you make using the card, and the points can then be redeemed for cash or other rewards which you may find useful.
In summary, a good credit card is only good if you find the card is going to serve your purposes and there is no single credit card deal which is equally good for everyone.
Art Taylor has been a successful internet marketer for 10 years. He writes articles about credit cards and other topics. For more information or to apply for credit cards visit his websites at: Ecreditcardworld or Eshopperworld.
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5 Easy Tips for to Save Money on Credit Card Balance Transfers
5 Easy Tips for to Save Money on Credit Card Balance Transfers
In today’s financial market more and more people are turning to credit card balance transfers instead of the traditional home equity lines that they have been used in the past. During the refinance hay-day throwing a tax deductible line of credit on the home to wipe out the credit cards was a no-brainer. Nowadays, shrinking home values and a turbulent secondary market are causing most banks have to hold these loans as opposed to selling them. This means the HELOCS of yesterday are only available to those with impeccable credit who have an abundance of equity in their homes.
Luckily, interest rates are low and balance transfers are a pretty good alternative if your credit card debt is out of control and need some help. This being said there are a few things that you want to look out for when transferring credit card balances from one card to another. The golden rule is that when you use a balance transfer card as an avenue to pay off balances on your other cards let this be your sole purpose. Make a budget and timetable to pay off the debt where there is a beginning and an ending payment otherwise you may get yourself into deeper debt.
Things to look for when transferring credit card balances:
Life of Balance Transfer cards – Life of balance credit cards are just what their name implies, they offer a low rate that applies to the balances you transfer within a certain time period. What you want to look for is a fixed rate that will not fluctuate over time. Depending on your credit level these may not be available to you, however if they are we highly suggest that you seek these cards out. The “gotcha” with this class of cards is that they usually will give you an extra thousand or two on your limit in hopes that you spend it at a higher interest rate, and most people do.
Again, we suggest that you use balance transfer credit cards for the single purpose of transferring higher interest credit card balances to a lower fixed rate. Once the transfer is completed, we recommend that you shred the transfer card and the one you transferred from to keep yourself from using them again. Over 75% of people that transfer balances use the transfer card and the old card again and end up owing more money than they did before the transfer. If the cards do not have an annual fee keep the accounts open for emergencies but shred the cards to keep yourself honest.
The Fine Print – If credit card issuers are similar in one area it is most definitely their fees and the fine print. It seems like they have fees for everything including one for on-time payments. Seriously you need to read the fine print and weigh the fees that apply for balance transfers, late payments, grace periods and other “gotchas” like universal default clauses. Over 80% of people that apply for credit cards will not read the fine print from beginning to end only to be surprised when their bill arrives in the mail. Most credit card websites offer handy calculators to help you calculate the best deal considering all of the fees.
Most credit cards have reduced the grace periods for repayment from 30 days to 20 days in an attempt to earn more fees and interest. If you are like most people, including yours truly, you pay your bills at a certain time of the month that usually coincides with your pay periods. The problem with this is that the 20 day grace period is relative to the due date of last month’s charges and is forever changing. If you pay your bills once a month like I do this will cause you to get late payment fees and could even trip the universal default clause which brings me to my next topic.
Universal Default Clauses – A universal default clause is a nasty little trick that credit card issuers use to jack-up your rates and fees to intolerable heights. If you look at the top of the fine print on each credit card you will usually see the regular APR and one below it that is through the roof. The one below it is the rate you will get should you pay late or even if your credit deteriorates. These clauses range from annoying to nasty and most states are trying to outlaw them but the majority of credit cards still have them.
The only card issuer that I can think of that doesn’t have this clause across the board is Capital One. I’m sure there are others but the clauses differ from issuer to issuer and card to card. Read the fine print for each card you are considering, see what their rules are that will trigger this clause. Some are mild which apply only if you are habitually late, where others monitor your credit and can jack up your rates and fees if your credit is deemed riskier than when they issued the card.
Introductory & Variable Rates – Beware of the asterisks. When you see one of these next to an interest rate you can bet it’s going to change on you. Most cards will advertise 0% interest on balance transfers 12 – 15 months but have cute little asterisks next to the rate. Find the fine print; chances are that your sexy 0% rate is going to morph into a giant wallet munching monster after the intro rate is over. Find out what the adjusted rate will be.The “gotcha” here is that most people know their rate will adjust in the future but they rationalize the transfer thinking that they will have the balance paid off in that time frame. Chances they won’t and the credit card companies know this. How else do you think they can offer 0% interest rates?
Variable rates are almost inescapable because 95% of all cards have variable rates. The ones that do not have them are hidden deep within most websites and offer very few frills. The reason they are hidden is that they are a little tougher to qualify for and offer lower profit margins to the issuers. When searching credit card websites take an extra minute to go all the way to the last page in each category, you may be surprised what you will find. Most credit card websites are arranged with the most profitable credit cards on the first few pages, these are rarely the best credit cards.
Reward Cards – If you are using your balance transfer card as you should, the bells and whistles on reward cards shouldn’t concern you. The bells and whistles cost you more, period. They cost the issuer more and they pass the cost right back to you. If you stay true to the purpose and transfer your balances in order to pay them off you should get a plain-Jane generic card without the usual frills hat comes with most cards. The only frills you should seek are the life of balance feature, fixed rate and a manageable or nonexistent universal default clause.
In closing I hope these tips help you get your very best deal should you decide to use a balance transfer card. This category of credit card is becoming more and more popular every day due to the financial chaos surrounding us today. This is generally a good thing though; this causes the card issuers to come up with different cards that offer better deals to keep up with their competition. Just remember the golden rule, only use balance transfer cards with a specific plan to pay off a balance. If you are “robbing Peter to pay Paul” the credit card companies will usually win in the end. Remember, Las Vegas wasn’t built on winners and neither are large credit card companies.
Aubrey Clark is an author and editor for Direct Banc. He is a graduate of Johnson and Wales college and resides with his wife and four children in Atlanta Georgia. His area of expertise is primarily financial in nature and ranges from topics like how to find low interest credit cards and tips and tricks on how to find no transfer balance fee credit cards.
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Online Applications | Good Student Credit Card Offers
Online Applications | Good Student Credit Card Offers
Credit card applications can be found at www.goodstudentcreditcard.com where good students can compare the best student credit card offers currently available. Diligent credit card use can lead to a lifetime of low-interest rate loan opportunities like auto loans, mortgages and other forms of consumer credit. Credit card issuers recognize that students tend to have limited credit histories and lower reportable incomes. Notwithstanding, good students enrolled in universities and colleges throughout the country are often given the opportunity to start building a credit record early. This is an opportunity that should be highly valued, particularly in light of the enduring credit crisis which has made it difficult for many people with good credit records to receive any form of credit. In fact, some existing credit limits have been decreased by issuers.
Student credit cards issued by Discover and Capital One are specifically designed for good students. Some of the features offered by these credit card issuers include:
• No Annual Fee
• 0% Interest for a fixed period of time
• Cashback Bonuses
• Fraud Liability Guarantee
During this climate of economic instability, illiquidity in the credit markets, in the stock market, uncertainty in the stock market and the softening real estate market, one thing remains constant – good students should be given the opportunity to build a credit history. Responsibility, however, is vital. It is important for students to keep in mind that if they don’t have enough money to buy something now, you should consider saving up until you can. Credit cards are most advantageous to students when then balance is paid in full every month. They should be treated like cash in hand. In these difficult economic times, where credit is proving to be more difficult to come by, it is important to establish a strong credit profile by obtaining credit early and maintaining a consistent payment history. Student credit cards issued by Discover and Capital One are perfectly designed for student applicants.
Do you know the real cost of using a credit card? Robyn Beck does – now.
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