Category: Credit Cards

It is just impossible to imagine a world without credit cards. From a couple of cups of coffee to going on a vacation in the Bahamas, credit cards are all it takes to make your dreams a reality. But recent developments have caused the credit cards to be viewed as nothing but a tool for getting people deeper into the quicksand of financial ruin. So where are credit cards taking its consumers? And what can people do to minimize the negative effects of the current trends in the credit card market?

Standard Interest Rates Continue Rising

An astounding 80% of all credit cards issued nowadays have variable interest rates. This means credit card companies who issued this type of credit cards can raise the interest rates paid to them every time the Federal Reserve raises benchmark interest rates. Sadly, interest rates are rising as minimum payments for credit card accounts have also been rising; this is the result of a change in the way minimum required payments are computed, which is now designed to allow borrowers to pay a little of both the principal and the interest.

Continue reading “The Course of the Credit Cards What Can People Do?”

If you are always on the go and you find yourself making various purchases, you would definitely want to avail yourself of the benefits of having a gas credit card. A gas credit card is usually properly marketed and packaged, often in the form of having a rebate system for your gas expense each time you use the card. Gas is very expensive and continues to be a need in this system of speedy transportation activities. Until all the other alternative sources we could possibly get for cars are thoroughly exhausted for our benefit, gas remains to be its top source of energy.

A gas credit card offer has a very tricky appeal to it in the sense that it seems to double as a credit card and rebate system for your gas money. You can make various purchases as you always have with a regular credit card, but the difference is that with a gas credit card, you have the bonus feature of gaining a little extra for your gas. Most major gas companies support gas credit cards, but if you really want to make sure you are getting the best out of your gas credit card, check beforehand which companies will support the card company you are about to sign up for. Also, it would help for you to check your frequency of visiting the gas station to determine how much you are really going to save in gas money when you do apply for a gas credit card.

Continue reading “Gas Credit Card 101”

A credit card is a piece of plastic card that can either help the user budget his finances or cause him a chain of troubles. This involves a credit system where the issuer lends the user a certain amount transpired in his account and the user pays his balance at the end of the month or billing period.

This balance is charged of no interest if paid off dutifully at the end of the month. Otherwise, the charge rate rises each month the user fails to meet his obligation.

A credit card is advantageous if properly used.

This provides the user the privilege to shop anytime he wishes even without cash on hand given that the balance is paid in full and on time. It is more convenient than carrying cash in your pocket, which is susceptible to being lost, or be in accidents. It will also help you in establishing a good name in terms of credit. The credit card is a convenient way of purchasing and paying for services or goods both in the typical stores and online stores because of its easy access features. More important of all, it provides incentives that you can enjoy. These incentives come in reward points and are redeemable.

Continue reading “How to use the Credit Card Wisely”

		Advanta Why Wait Business World MasterCard®	Up to 200,000 Rewards Points Up Front. Ultimate Rewards – Earn Cash, Travel, Merchandise and more. No Annual Fee. No Pre-Set Spending Limit. Earn 1 Point per dollar spent on Purchases, plus get a 50% annual bonus on your earned Points when you pay on time all year. So long as you actively use your account, you´ll have 15 months to replenish used Why Wait points before you´re charged for them.97
		Advanta Business World MasterCard®	16.99% Fixed APR. No Annual Fee. Get 50% Bonus Points Free every year. Earn Points Faster – with No Earnings Cap and No Airline Travel Seat Restrictions or Blackout Dates. Thousands of merchandise, gift card, and travel options. No Pre-Set Spending Limit.
		Advanta Net-90 Platinum BusinessCard	Unlimited Business Rewards Program with cash, travel, merchandise and more. All with no annual fee. Earn 1 point for every dollar in purchases with no cap. 0% interest for 3 months on every purchase (this is a rolling offer, good with every purchase so long as your account is open and in good standing). Personalized card – unique to your business.

		More® Card – Monogram	0% Intro APR on Purchases and Balance Transfers. No Annual Fee. 0% Intro APR on Purchases and Balance Transfers. Up to 1% Cashback Bonus on all other purchases automatically. $0 Fraud Liability Guarantee.
		Discover® Student Tropical Beach Card	0% Interest on Purchases for 6 months. No Annual Fee. 5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants and many more. Up to 1% Cashback Bonus on all other purchases automatically. Build Your Credit History. Easy Online Account Management Tools. $0 Fraud Liability Guarantee.
		Discover® Student Open Road® Card	0% Interest on Purchases for 6 months. No Annual Fee. Build Your Credit History. Full 5% Cashback Bonus® on your first $100 in gas and auto maintenance purchases each month. Up to 1% unlimited Cashback Bonus on all other purchases. $0 Fraud Liability Guarantee.
		Discover® Motiva Card	3.99% Intro APR. No Annual Fee. 5% to 20% Cashback Bonus. Earn up to 1% Cashback Bonus on all other purchases. Pay-On-Time Bonus® equal to a full month?s interest added to your Cashback Bonus account. Turn your Cashback Bonus into bigger rewards every time you redeem for gift cards from over 100 brand-name Partners Free payment by phone. Automatic email reminders when a Payment Due Date is nearing or when a payment has been made. Unlimited cash rewards.
		Discover® Student Card – Monogram Collection	0% Intro APR on Purchases for 6 Months. No Annual Fee. 5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants and many more. Up to 1% Cashback Bonus on all other purchases automatically. Easy Online Account Management Tools. Build Your Credit History. $0 Fraud Liability Guarantee.
		Discover® Student Card – Clear	0% Interest on Purchases for 6 months. No Annual Fee. 5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants and many more. Up to 1% Cashback Bonus on all other purchases automatically. Build Your Credit History. Easy Online Account Management Tools. $0 Fraud Liability Guarantee.
		Miles by Discover® Card	0% Intro APR on Purchases and Balance Transfers for 6 months. No Annual Fee. Book any travel, anytime with no blackout dates or restrictions. Double Miles on up to $3,000 in travel and restaurant purchases each year. 1 Mile for every $1 on all your other purchases – personal and business. Redeem for travel credits to your account, gift cards from any of our 90 brand-name Partners or cash. Online Account Access. 12,000 Bonus Miles
		Discover® Student Card	0% Interest on Purchases for 6 months. No Annual Fee. 5% Cashback Bonus® in categories that change four times a year like travel, gas, restaurants, movies, and more. Up to 1% Cashback Bonus on all other purchases automatically. Build Your Credit History. Easy Online Account Management Tools. $0 Fraud Liability Guarantee.
		More® Card – Clear	0% Intro APR on Purchases and Balance Transfers. No Annual Fee. 0% Intro APR on Purchases and Balance Transfers. Up to 1% Cashback Bonus on all other purchases automatically. Unlimited cash rewards. $0 Fraud Liability Guarantee.
		Discover® Open Road® Card	0% Intro APR on Purchases and Balance Transfers up to 12 months. No Annual Fee. 5% Cashback Bonus® on your first $100 in gas and auto maintenance purchases each month. Up to 1% Cashback Bonus on all other purchases. Unlimited cash rewards that never expire. Turn your Cashback Bonus into bigger rewards every time you redeem for gift cards from over 100 brand-name Partners. $0 Fraud Liability Guarantee.
		More® Card – American Flag	0% Intro APR on Purchases and Balance Transfers. No Annual Fee. 0% Intro APR on Purchases and Balance Transfers. Up to 1% Cashback Bonus on all other purchases automatically. Unlimited cash rewards. $0 Fraud Liability Guarantee.
		More® Card – Wildlife Collection	0% Intro APR on Purchases and Balance Transfers. No Annual Fee. 5% Cashback Bonus® on Get More purchases in popular categories that change four times a year like home, apparel and more. Up to 1% Cashback Bonus on all other purchases automatically. Unlimited cash rewards that never expire. $0 Fraud Liability Guarantee. Choose from 5 exciting wildlife designs.
		More® Card	0% Intro APR on Purchases and Balance Transfers. No Annual Fee. 0% Intro APR on Purchases and Balance Transfers. Up to 1% Cashback Bonus on all other purchases automatically. Turn your Cashback Bonus into bigger rewards everytime when you redeem for gift cards from over 100 brand-name Partners. Unlimited cash rewards. $0 Fraud Liability Guarantee.
		More® Card – Sealife Collection	0% Intro APR on Purchases and Balance Transfers. No Annual Fee. 5% Cashback Bonus®. Up to 1% Cashback Bonus on all other purchases automatically. Choose from 5 exciting sealife designs. Unlimited cash rewards that never expire. $0 Fraud Liability Guarantee.