Tag Archives: cash advances
The Lowdown on Citi Student Credit Card
Most credit cards would make it a prerequisite for applicants to have a credit history before their application can be approved. With this, students may find their choices of credit cards rather limited. However, the Citi Platinum Select Card for College Students is designed specially to meet the needs of students.
There are no annual fees incurred for this card, although the APR is higher than most other credit cards. Furthermore, the APR is based on a variable rate with the figure tied to the Prime Rate. Nonetheless, there is always the 6-months 0% APR (for balance transfers, cash advances and purchases) and a cashback reward program to fall back on.
Apart from that, the cash rebate program rewards students with up to 5% of the amount spent on purchases charged to the card. Purchases made with the Citi Student credit card at supermarkets, drugstores and participating merchant partners are eligible for a 5% cash return. Nevertheless, lower cash rebates of 1% are applicable for cash advances and check transactions.
The downside to this is that cash rebates will be issued through $50 checks with rebates for general purchases limited to $300 a year. Other attributes of the card include a 20-day interest-free grace period each month, and a minimum credit limit of $500.
Interest charges are calculated based on an average daily balance method but as always, it may not be advisable for consumers to make late payments. Accounts can be managed online and customers are given the choice to pay their bills automatically. As a safety feature, the Citi Student credit card provides an option for the card holders photo to be printed on the card to prevent identity theft occurrences. Ultimately, this card serves as their stepping stone for students towards building a strong credit history, which is vital for their future financial dealings. Concurrently, this would also be a great card to instill spending habits discipline in young adults.
How cash advance can save in your bad time
You regularly encounter with money issues when you go zero at your bank account and other financial resources. Creating a resolution may have need of seeking out a loan. Seeking the help from your family and friends out of blue can hamper your relationship with them. Seeking out a way out quickly is important. Taking a proper action on time to defy these challenges can reduce your worry and stress. Here are some ways to advantage from using cash advances.
You should take some time to think around the money you owe to the corporation. Jot down the number and other facts about the money you need to pay. Keep a track of your online e mail account which you use for bill payments and go through other unchecked e mails to make sure that nothing else is remaining. Use this dollar number as the basis for knowing what number to request in the cash advance. Be sure to take account of all costs for basic living expenses such as utility bills, foods, and transportation expenses. You will not get a long waiting time in cash advances. The applications you send across the internet are cross checked from various financial department and then the money paid soon . Bank loans may take up to a week to grant approval or disapproval. Funding through the loan is generally the appropriate way to get away from your financial problems.
Examples of an emergency are not being able to meet the mortgage payment, rent, car note, or to travel to meet a loved one in a hospital. The travel arrangement at the last moment can be costly business. Therefore the costs for your cab, air tickets, rental cars, hotel stay and food can cost you dearly . The medical emergency can demand enormous money from you. Many of the medical insurances covers do not cater all your needs during medical emergency. Therefore availing facilities like cash advances to meet all your hospital expenses and the medicines you may need during your hospital stay.
Many parents may have an unexpected expense connected to their children education. Examples are an increase in school tuition or a planned need to hire childcare services. Many people have to increase the number of hours they are working in order to sustain the household. This may mean that school aged children have to attend a before and after school care program and arrange for transportation to and from school. There are transportation services exclusively for kids which involve extra money. There are daycare’s that operate exclusively in the late evenings to accommodate parents that must work late. So depending on cash advance to meet your children’s educational demand can be called a legitimate need.
Many households do not have much money set aside in their savings accounts, due to a amount of personal issues or a series of events that was completely unplanned for. These reasons can be difficult to communicate to a lender. Unlike a traditional bank, cash advance lenders do not make inquiries for the reason for needing the loan. It can be for any personal reason. Go through the particulars before you choose for the cash advances for any required money. Generally the terms and conditions of cash advances are easy to recognize . If for any reason there are questions ask a close friend to read over the documents or contact the customer service department. Some cash advance websites have email hold up, telephone customer service, or live online chat support.
Make sure you pay back the money on the set deadline. Paying the money on time to maintain a fine credit rating . Pay off all items that are on the list. Managing the loan fund responsibility to make sure that there is enough money to last, until the next employer payday. Use these tips to advantage from cash advance in emergencies.