Good Credit Cards for Top Notch
Credit - Understanding The Possibilities
If folks have
Credit, how will they
tell which Good Credit Cards
to choose when there are so many options?
The information below will expand on a couple varieties
of cards to provide a better understanding
of the advantages of each:
Money Back - With a Money Back
card, you may be offered a rebate equivalent to
a percentage of their purchases. For example,
if somebody has a Money Back
solution that provides 5% cashback
on food, fuel, and drugstore
purchases, as the rebates add up they can converted to cash. If you
pay a hundred fifty dollars in fuel, supermarket items,
and drug store items every 5-7 days, at
the end of a year, about four hundred dollars
in cash would be ready to cash out.
Rewards Points - In lieu
of rewarding customers with cash rewards, some issuers
present customers with redeemable rewards. Customers receive
points when purchases are made. Every time the card is used, the rewards
add up. When you earn enough points they can be redeemed for things like
free rental cars, gifts, magazines, and so on.
Always check to see if the Good Credit Cards
for Top Notch Credit that you want will offer
Petro Bonuses - Card Issuers
are often times considerate of the cost
of fuel and will offer an incentive to
their customers for using their credit card by rewarding them with a prepaid
gas card. As purchases are made, points are earned. Once a certain number of points are earned they can be cashed in for a
prepaid gas card. The cool thing is, with some cards fuel points can be earned
while making fuel purchases.
Rewards for Free Hotel Stays, Rental Cars or Frequent Air Traveler Miles - When purchases are made with this kind of card, "customers receive "" points"" toward free travel including free frequent flyer miles." As the points add up, they can be redeemed for free travel accommodations. Frequent travelers really like these rewards.
0% Introductory Interest Rates - What does this mean? Simply put: for a limited time, finance charges are not incurred.
The period where no finance charges are being applied typically lasts anywhere from six months up to a year.
Typically, people use this interest-free period
to shift their balance from their interest bearing Good Credit Cards
to one like this and pay the balances off within the promotional period. Keeping monthly payments up to date is incredibly important.
When a single payment is received late, typically
the interest free introductory rates adjust to a different
rate. Customers that are approved for
Good Credit Cards for Top Notch
Credit, and have the chance to get a 0% introductory rate
should consider this money saving option.
Secured Cards for Building Credit - People with a secured credit card
would deposit a certain amount of money in a savings account.
This is what secures the account. Then, a credit card is
sent with a credit max equal to
the amount of the deposit. As the card is used your available credit is recalculated, low rate
regularly scheduled payments are calculated, and a monthly invoice
is sent. If the card is active you will receive a payment plan. Secured Cards for Building Credit
are awesome because they perform the same as
ordinary credit cards allowing you
to complete all kinds of transactions including booking travel accommodations such as rental cars
that generally do not accept consumer checking account
cards. However, just like prepaid cards approval is generally
guaranteed even if your credit is poor. But do not forget that most
secured card issuers submit the way you pay your bill
to be added to your credit profile. This can be an excellent
practice to prove you are creditworthy by paying regular
payments whether you have Top Notch
credit or not. After making
six to twelve payments on or before their due date, most issuers will increase your credit limit without
requiring more cash to be put into the account that was used to set up the card.
Pre-paid Credit Cards - With
a Pre-paid card, purchases can be made without interest, fees, or finance charges. Just like
a regular bank account, you put money in and this becomes
your spending limit. When the prepaid account
balance is used up, it can be reloaded with more money and used again. Prepaid cards
work well for budgeting, they allow people to make online purchases, and they work well for individuals that are unable to
get a normal bank account.
Quick approval is normally not a problem despite
your bureau score and there is
no need for the bank that issues the prepaid cards to contact the credit bureaus.
With all of the diverse types
of Good Credit Cards
for Top Notch credit and
bonuses that exist, there is a solution available for most credit card seekers. Consider
Good Credit Cards that make sense for your situation that will allow you to control your spending habits. Remember these things and always
try to keep your purchases at less than half of your credit limit and make more than the minimum payment every month. Good credit is an awesome
To be certain that you keep developing a prime credit score, take heed to these easy instructions:
1. Keep your outstanding balance at no more than half of the
card's limit. Another way of saying it is, it is not smart to
"max out". Most people with excellent credit make it a point to maintain
a balance that is no more than half
of the max on any
Good Credit Cards for Top Notch Credit.
2. Make the monthly payments by the due date. Even if the minimum is the most that your budget will allow, be sure to pay the bill on time. If the bill is paid 30 days after the due date, it will be forwarded to the credit reporting agencies. This is not good for the consumer's FICO profile. And let's not forget the fact that customers may also have to pay more points on the card's interest rate as a result of something as small as a late payment. Hence it is advised that you be mindful of the due dates.
3. Repay the entire bill every quarter.
When the balance gets to be about half of the limit, try to
pay it all off as often as you can. When you do this, you can feel free to
begin creating transaction activity (like buying gas, shopping online, or making purchases) and pay it off once again after over the course of a few billing cycles, and don't stop this habit.
This approach demonstrates to the lenders
that you will be creditworthy. Some other perks you could get when you repay in this way are
lower rates, more of a limit, and a better FICO score.
Our network members provide services in
one or more of these areas: 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
Good Credit Cards
for Top Notch credit
are available online. Act now
to get approved for a solution that could be the answer to