Credit cards are used everywhere, from shops, to paying bills. They are incredibly convenient, especially for purchasing things with ease and no hassle. You usually have to pay specific interest rates, but more and more credit card companies are offering great offers for interest rates and cash back opportunities.
With so many credit cards available, its hard to choose which one you want to get. There are secured credit cards as well as unsecured credit cards. Some have high interest, and others have low interest. It's a matter of personal preference and how much you want to use a specific card for whatever reason. Unsecured cards are scams however, and its dangerous to apply for them. Only apply for unsecured credit cards that are reputable.
Credit cards are used all around the world, from Africa, to Australia, to all of the places in between. Credit cards are also great for paying for things farther in advanced; such as a hotel or a dinner at an expensive restaurant. Credit cards are usually required to have, for verification purposes as well as security purposes.
Discounts and cash backs are a pretty good reason to switch to using credit cards for some things. More and more credit card companies are offering points for purchases, as well as discounts for using your credit card for the purchase of certain things as well as purchases made within a time frame. Cash backs are also available after you spend a certain amount, allowing you save money by using your credit card.
Some credit cards are good for saving tons of cash on gasoline, which is an important thing for many of us. Gas prices are unpredictable, and those that have gas reward credit cards can save a bundle.
Since credit cards keep things all on one card, you can keep your purchases, transactions, payments, bills, and everything else organized. Instead of having money spread across multiple places, a credit card can keep your bills manageable. Plus, they are good for securing your money. If cash is stolen it probably will not be retrieved anytime soon, or even at all. If you have a credit card that is stolen, you can report it to the company and it will become immediately frozen. This is a great way to protect your identity as well as your money.
Closing Comments
Credit cards are available readily, and you don't even need to have perfect credit. The higher your credit score the bigger your spending limit. Your credit score is increased whenever you make payments on time, as well as built up if you have no credit at all.
A Credit Card With No
Today all of us realize that being grounded in money management is far not a luxury, it is just an everyday necessity. If you do not know how to control your finances you will, most probably, find yourself in an extremely unfavorable financial situation. In other words, improper, unreasonable credit card use will lead you to a debtor’s prison sooner or later.
A perfect formula wise credit card holders stick to, dealing with their plastics, is theoretical learning plus practical use. Thus, more and more credit card owners take pains to acquire basic skills of rational money management. But it’s not just credit consumers, who care of their intellectual upgrade in the financial field.
Contrary to popular belief that credit card companies are aimed at making maximum profit of your money only, card issuers introduce new educational programs designed especially for their clients. This summer Chase Bank, for instance, initiated one of such programs, called Chase Clear & Simple. The point is that Chase Card Services offer new services for a better and more efficient account management by their clients.
The 10 consumer-friendly initiatives proved to be really helpful. So, here they are.
1.Incentives to Avoid Fees and Pay on Time. As a Chase card member signs up for this program, he or she gets not only such handy tools like online statements, auto-pay and free alerts. Card holders also get a $ 10 credit. These services help credit consumers maintain their most profitable rates and avoid late payment fees.
2.Precautionary Support. This service is intended to prevent Chase clients from getting into debts or going bankrupt. Once Chase support team gets the slightest signs of your money problems they start sending e-mails, letters and making phone calls to you, and offer strategies and solutions for your financial situation.
3.Pick Out Your Payment Due Date. Chase clients have an option of choosing their payment due date that they will find most convenient.
4.Limit-Exceeding Control. This initiative enables card holders to attach customized controlling systems to their accounts that keep their spendings within their credit limits. This tool protects the accounts from overdraft fees.
5.Military People Do not Pay Extra Price. Chase sticks to a special policy when it comes to military people. These people serve their country, they discharge their civic duty, sacrificing their family life, business carrier and even life at times. For them Chase reduces fees and decreases interest rates, as well as the bank does not charge any over-limit or late payment fees on the militaries’ accounts.
6.Guiding Newcomers to Credit. At this point, Chase has developed a whole set of programs to educate those, who just starts building their credit history. These programs serve to remind beginners of their due dates, late or missed payments, and to help them learn to use their credit card deals in a reasonable and responsible way.
7.Chase Clear & Simple Web Site. At this source www.chaseclearandsimple.com you can ask any credit-related questions and find all necessary information on credit card processing.
8.Easy-to-Understand Guides for Card Members. Chase has published easy-to-comprehend and apply in practice booklets that help fresh card holders learn the basics of wise credit card use. These guides are not overstuffed with economic terms and definitions. The rules and tips given there are written in popular language.
9.Budget and Payment Calculators. These tools are available to Chase clients on Chase Clear & Simple web site. Using these calculators card owners can easily count how long it will take them to pay off this or that balance in full, and plan out their family budget.
10.92 % of Chase card members’ interest rate whether remains the same or gets significantly lower by the end of every year. But Chase takes care even of those 8 percent, who made some financial missteps like making late payments. In case you sign up for an automatic payment program, and pay off your balances on time on a regular basis over 12 months in a row, your interest rate is guaranteed to be cut down.
Your welfare and prosperity mean a lot to your credit card company. Their success and reputation on credit card market depends directly on yours. That is why you should not try to make out some tricks in programs like Chase Clear & Simple. They are really useful and valuable for you as a plastic owner.
Andrea Domini, a financial observer, has been writing articles on issues concerning credit card deals for over 7 years. She is an experienced credit card holder, so, she gives good advice on wise credit card use. She is a regular customer of Chase, so many of her articles are devoted to this bank.
Both Chris Channing & Andrea Domini are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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