Tag Archives: credit card
Visa Credit Card Fits All Your Needs
It is a well known fact that credit card business are booming and it is highly profitable for the various credit card issuers. Thats the main reason why there is such a stiff competition in the credit market.
Sometimes we find it confusing to choose between so many credit card offers. Which of the major card issuers gives the best offer? As there are so many different credit card offers it is getting rather difficult to choose the best plastic that could meet your lifestyle and spending habits. If you have any questions concerning credit card offers, you can always get online credit card feedback.
Id like to draw your attention to visa credit cards because Visa credit cards best fit your needs. Visa is famous for its valuable products, high quality service, and good customer support worldwide. It involves widespread acceptance, great benefits, and ease of use.
Nowadays, there are hundreds of visa credit card offers available in market. Visa is one of the most popular credit card companies all over the world. Visa belongs to the world’s giant networks and plays the major role of the credit market.
Mainly for the reason of the global acceptance and services the company provides, cardholders prefer Visa to Discover and AMEX. Cardholders keep on proving their greater trust and respect towards Visa.
There are hundreds of visa credit card offers available in market. It is very important to know what features your credit card provides as there are a great number of options in the credit card market. Let us see Visa main benefits and some specific offers.
First of all, find out if there is an annual fee and how much it is. It usually varies from $25 to $100. The fee depends on the type of a plastic you choose.
You should also find out if there is a balance transfer fee that is the other type of fees that the company charges.
A cash advance fee is charged for cash advances which is a percentage of the cash withdrawal made. Thats important to know because many credit companies dont allow any grace period for cash advances. The interest is normally charged from the day of the cash advance.
There are three main types of credit cards: silver, gold or platinum. As a matter of fact, the credit limit depends on a credit card type you choose. The type of plastic offered depends on your income level.
In fact, credit cards with higher credit limits have higher fees but also come with additional features such as discounts on purchases, money back on frequent use, accident insurance and etc.
The Visa credit card company can provide you with a variety of great credit card options. Its offers include a great number of credit and debit cards for consumers and businesses.
Compare most popular Visa credit card offers and apply online. Read carefully all the terms and conditions before filling out an application form. Once you have found a card you are interested in, do not hesitate and let it make your dreams come true.
0 APR Credit Card Truths and Traps (Page 1 of 2)
If you are struggling with ever-increasing credit card debt, a 0 APR credit card could be the magic wand for you. There are a number of 0 APR credit cards in the marketplace. These 0 Interest credit cards offer cardholders zero percent on new purchases and certain 0 APR credit card offers also allow balance transfers, lowering the interest burden even further.
The Truth About 0 APR Credit Cards
These types of 0 APR credit cards are offered by popular credit card lenders including American Express, Citibank, Chase, HSBC, and Discover. These cards have many benefits to offer if you have a good to excellent credit rating.
Keep in mind, that the zero percent offered with these cards is not permanent. It is an introductory rate and is typically offered for ninety days to as long as 12 months. At the end of the interest-free or zero percent periods, cardholders will have to pay a higher ongoing interest rate. Generally, these rates could vary between 10 % – 14% and sometimes can be as high as 24%.
A 0 APR credit card is ideal when you want to purchase something expensive but cannot find another way to finance it. There will be no interest charges for the in and you will have the introductory buffer period to pay off the expense. But buyer beware … make sure you can pay the purchase off before the introductory APR expires.
Most 0 Interest credit cards allow balance transfers from your existing higher interest cards and many will waive the transfer fees. This is one of the best methods to pay off debts at a faster rate, leading to substantial savings on the interest charges incurred.
It is possible that a single credit card can have multiple APRs including the following: 1) One APR for balance transfers, one for purchases, and one for cash advances the APR normally would be higher for cash advances compared to balance transfers and purchases. 2) Tiered APRs Different APR levels can be assigned for different account balance levels or tiers, e.g., 15% for balances between $1 – $500 and 17% for balances higher than $500, etc.. 3) Introductory APR 0 APR as the introductory offer and a higher rate upon expiration of the introductory period. 4) Penalty APR A penalty APR rate may apply if you are late with your payments.
The Traps to Watch Out For: A 0 APR credit card is an attractive proposition, and often is too tempting an offer to resist. However, it is essential to be informed about the often-untold catches in these lucrative offers.
1. The 0 APR is a Limited Time Offer In general, the 0 APR offered is only for a limited period. The period could vary from 3 months to 12 months. This implies that purchases made during this period will not attract any interest. You need to be cautious about the expiry period and remember to pay off before the period ends inorder to avoid hefty interest charges.
2. Once the introductory period is over, the 0 APR credit card may have a ridiculously high interest rate like 20% or higher.