But How To Choose The Right Credit Card Plan For Yourself

Category: Finance, Credit.

Credit card system is one of the excellent innovations in money management.

Especially for people who make purchases on whims or who have a problem carrying cash around, the credit card way of carrying money is the safest and the most convenient method. They have reduced the burden of carrying cash all the time and everywhere. But how to choose the right credit card plan for yourself? During the time, you are deciding which brand to go for, many credit card companies will try to lure you into buying their brand. This article will tell you the best way to know all the credit cards before selecting the right one. They will tell you the benefits you will get and some of them will also try to hide the catch. But you have to look for the asterisk.

This is done on purpose, so that you find them attractive and get buying from them. You must know every brand of credit card, what are the benefits they are offering and where is the catch- in short you would want to know every thing about each of them, in and out. There are various plans available with different brands of credit cards. In order to manage your finance well, you must look before you step. These plans are meant for people with different income backgrounds. But there are certain things they would not tell you.

You would be guided by the sales representative of the credit cards, as per your monthly income and expenditures. What are they? There are many web sites which give complete, comprehensive review about the credit cards available in your land. And how do you find those details? Usually they are free from bias and would not give you a discriminated picture. You can also compare different brands of credit cards and make a better choice.

You can search those web sites and look for the details.

Great No Annual Fee Cards

Category: Finance, Credit.

The bulk of lending institutions now offer no annual fee credit cards to draw in new consumers.

Don' t accept the first offer you receive though. Selecting a card with no annual fee can save you boat loads of money. Selecting the right card can be tricky and understanding the type of contract you are locking into is essential. Everything you need to know about a particular credit card and its policies can be found either on their website or in the pamphlet included with your card. Suggestions for Selecting the Right No Annual Fee Credit Card. As a accountable card- holder, you need to know the terms you consent to. Though the information regarding your card's account terms may read like legal drivel, it is essential to read through it.

Read the fine print every time. The legal talk often contains the most important elements about your credit agreement, including any additional charges you may otherwise not be aware of. Take the time to read about the changes in the contract to avoid paying additional charges. Lenders also update these policies now and then and mail the updated agreement with your billing statement. Be aware that in the future the interest rate of your no fee credit card may go up by 10% or more. Just know that this most likely means there will be a significant increase in the interest rate in the future.

Introductory rates look good and work well to draw new in cardholders. Make sure you understand the policy on late fees. Many cards also have a rule that the low APR remains the same as long as payments are made before the deadline. Some institutions charge as much as$ 39 for a late fee, which makes up for the lack of an annual fee. Late payments may result in an increase in your APR. They can get out of control if left free.

Understand the lender's policy on over- the- limit fees. A late fee could possibly be all it takes to put you over- the- limit and without making a purchase you could owe an additional$ 80 or more to bring your credit card current. Great No Annual Fee Cards. Take care to see if the lender offers any type of rewards like airline miles, a purchase protection, merchandise perks plan, gas rewards or, balance transfers a cash back reward system for using the card. All cards have different terms. The right no fee credit card can help save money. Take care to look over each option to decide which one would work best for your fiscal situation and life style.

Chase Bank has a Platinum Business Card that has an introductory APR of 0% with no annual fee and the APR is only 124% . Citi Bank has the CitiBusiness Card that has a low APR of 174% , no annual fee, merchandise discounts and a 0% introductory offer. The Discover Business Card has a 199% APR, no annual fee and cash back bonuses. The American Express Simply Cash Business Card has no annual fee, unlimited cash back for purchases made with the card, a 0% introductory rate and a very low 25% APR.

You May Never Ever Lose Your Credit Card

In the world of today, most of us depend on our good old credit cards to take care of the debts that we incur.

Hand it over to the sales person, a sign there, a swipe here, and the payment is made. No matter how many zeroes appear against the bill amount, we know that our piece of plastic will look after it. Easy, and instant, simple. We can rely on them when the ATM machine is out of order. They are our shopping buddies any and every time. Thanks to them, we don' t have to carry around stacks and stacks of money.

One of the first things to remember with regard to credit card safety is to not reveal your credit card number to all and sundry. But do we know how to take the best care of our dear credit cards? Even while giving the number to somebody over the phone or while entering it on a site on the net, make sure that the person or website is legitimate. If a payment does not sound familiar, make sure that you check it out thoroughly. Then, when your credit card statement arrives, look through every entry to make sure that there are no incorrect entries. Store the bills, and check them against your monthly statement. Also, even while making payments check the receipts before you make your signature anywhere.

This will really help you in making sure of the accuracy of the statement. Don' t sign any receipt which contains blank spaces. Carry only the ones that you know you will need. Also, you don' t have to carry your entire collection of credit cards when you go anywhere. Store the others away in a safe and handy place. Ensure that you are not the last one to know when a card goes missing.

Also, keep a track of all the credit cards that you have. You are the one who will be landed with an enormous bill if you remain unaware of whether or not a credit card of yours has been stolen. You might also have to make a report at a nearby police station. If you really do lose your card, give the details of the card to the credit card company and make a note of it. Make sure you have a list beforehand of the formalities that have to be looked after. But note that you don' t need to lose your credit card to be victim to a whole host of credit card related crimes. You may never ever lose your credit card.

So stay alert at all times, and take care of your darling credit cards.