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.