Credit Cards for Top Notch
Credit - Learning The Choices
When individuals have
Credit, how can they
distinguish which Credit Cards
to pick when there are so many options?
The information below will expand on several types
of cards to give you a helpful understanding
of the advantages of each:
Cash Back - With a Cash Back
card, customers are offered a reimbursement equal to
a fraction of their purchases. For instance,
if a customer has been approved for a Cash Back
solution that gives 5% cash back
on groceries, gas, and drugstore
purchases, as the rewards accumulate they can be cashed in. If you
use one hundred and fifty dollars in gas, groceries,
and drugstore purchases every 5-7 days, by
the completion of a year, $390
in cash back rewards would have accumulated.
Rewards Points - In lieu
of giving cash rewards, some companies
present customers with points programs. Customers receive
points when purchases are made. With each swipe of the card, the rewards
add up. Once a specified number of points have accumulated they can be redeemed for great stuff, such as
free merchandise, gift items, magazines, and more.
Always check to see if the Credit Cards
for Top Notch Credit that you want will offer
Gasoline Bonuses - Lenders
can be considerate of the cost
of fuel and will reward
their customers for making card purchases by rewarding them with a free
gas card. As the credit card is utilized, reward points add up. After you have earned enough points they can be turned in for a
prepaid gas station card. The cool thing is, with some cards fuel points can be earned
when buying fuel.
Points for Free Rental Car Upgrades, Hotel Rooms, or Frequent Traveler Miles - When purchases are made with these cards, free travel points are earned. As the points add up, they turn into vouchers that can be used for discounted or free travel arrangements like rental cars, hotels, or even airline tickets. Frequent travelers really like these rewards.
Zero Percent Introductory Interest Rates - What does this mean? Simply put: for a limited time, finance charges are not incurred.
The promotional period generally lasts anywhere from half a year to a whole year.
Generally, people use this interest-free period
to shift balances from their high interest Credit Cards
to one of these, then create a personal budget that allows them to pay the whole thing off without having to pay any finance charges. Paying the bill on or before the due date is crucial.
When one payment is received late, typically
zero percent APR rates adjust to a higher
rate. Individuals that are applying for
Credit Cards for Top Notch
Credit, and have the chance to get a zero percent promotion
should consider this option.
Secured Cards to Build Creditworthiness - People that have a secured credit card
must insert a certain amount of money into an account that generates interest that the secured card issuer will set up.
This becomes the card's collateral Once the account is set up, a card is
sent with a spending limit equal to
the amount of the deposit. Each time a transaction is approved your available credit is recalculated, affordable
regularly scheduled payments are determined, and a monthly invoice
is generated. If the card is being used an affordable repayment plan will be created. Secured Cards to Build Creditworthiness
are perfect because they function like
standard credit cards allowing customers
to do things that debit cards may not, like making travel accommodations such as rental cars
that sometimes do not take prepaid or debit
cards. For those with bad credit approval is generally
guaranteed regardless of your credit score. It is important to note that many
credit-rebuilding card issuers report whether or not you are keeping up with your payments
to be added to your credit profile. This is a terrific
way to establish creditworthiness by paying regular
payments no matter if you have Top Notch
credit or not. Once you make
six to twelve consecutive timely payments, many times the limit can be increased without
requiring more cash to be put into the account that was used to set up the card.
Reloadable Prepaid Credit Cards - With
a Reloadable Prepaid card, you get out of it exactly what you put in. Just like
a conventional account, a certain amount of money is deposited into an account and that becomes
the amount that can be used for purchases. When the prepaid account
balance runs out, a deposit into the prepaid account can be made and the new credit limit will be the amount of the new deposit. These cards
are terrific for budgeting, transactions can be tracked and recorded if necessary, and they help people that cannot
acquire a standard bank account.
Approval is normally not a problem regardless of
your credit score and there is
no need for the issuer to contact Experian, Equifax, and TransUnion.
With all of the many types
of Credit Cards
for Top Notch credit and
incentives that are offered, it is easy to identify the best solution for your situation. Consider
Credit Cards that give the benefits that fit your situation. Make an educated choice and always
make wise purchases and timely payments. Perfect credit is an awesome
To ensure that you keep growing the best credit profile, follow these easy tips:
1. Maintain your bill at a percentage of the
card's limit. In other words, don't
"go crazy". It is important to retain
a bill that is about sixty percent or less
of the maximum spending limit on any
Credit Cards for Top Notch Credit.
2. Do not default on payments. Even if you have to make just the minimum payment that is listed on your monthly statement, be sure to pay the bill on time. Once a payment is more than 30 days behind, that information may be reported to Experian, Equifax, and Trans Union. This is not good for your credit report. As a result, when this happens you may also have to pay a rising interest rate as a consequence of a late payment. Thus it is recommended that consumers make payments.
3. Pay the whole thing off every couple months.
If the card is used a lot, try to
take a few months and pay it off as often as you can. After completing this, it is okay to
start swiping your card for purchases again then after a couple of billing cycles, pay the whole thing off just like you did before, and keep utilizing this approach as you complete your monthly budget and annual financial plan.
This pattern illustrates to the issuing companies
that you will be a great customer. Some other perks you could get when you repay in this way are
lower rates, higher credit limits, and a better FICO score.
Our network members have licenses in
one or more of the following regions: Alabama
* Alaska * Arizona * Arkansas * California
* Colorado * Connecticut * Delaware * District
of Columbia * Florida * Georgia * Hawaii
* Idaho * Illinois * Indiana * Iowa * Kansas
* Kentucky * Louisiana * Maine * Maryland
* Massachusetts * Michigan * Minnesota *
Mississippi * Missouri * Montana * Nebraska
* Nevada * New Hampshire * New Jersey *
New Mexico * New York * North Carolina *
North Dakota * Ohio * Oklahoma * Oregon
* Pennsylvania * Rhode Island * South Carolina
* South Dakota * Tennessee * Texas * Utah
* Vermont * Virginia * Washington * West
Virginia * Wisconsin * Wyoming
for Top Notch credit
are waiting for your application. Click now
to get approved for a card that suits