Welcome, visitor! [ Login

Post an Ad

Credit Card Options

Debt-Credit Consolidation August 25, 2024

Options

Image of woman

The type of credit card you choose or are approved for will depend on your individual situation. Your card may be standard–also called traditional–with few features, or it may have one or more of these common options, depending on your card agreement:

Premium cards offer high credit limits and often have additional features like product warranties, travel insurance, or emergency services. They may also offer rewards, such as cash back or frequent-flier miles. Read the terms of the card carefully to find out if there are any additional fees associated with the features, or to estimate how much you need to spend to get a reward.

Affinity cards offer rewards that benefit groups and organizations. For example, a charity may offer a card and may receive a portion of the revenues from that card to fund its work. Read the terms of the card carefully; you may decide it would be more beneficial to get a different card and donate directly to the organization.

Retail cards are credit cards associated with a retail store. A salesperson at the store typically will ask if you would like to apply for the card. They may offer you a discount to apply for the card, such as ten to twenty percent off of your initial purchase. Depending on the type of card, you may be able to use the retail card at locations other than the one where you received the card.

Secured cards typically require a cash security deposit. The larger the security deposit, the higher the credit limit. Usually, secured cards are used to build credit by those who don’t have a long credit history, or those who have had credit problems in the past.

You can use the Federal Reserve’s consumer credit card agreements search to get an idea of the types of credit card terms and conditions that companies offer. If you need a copy of your personal credit card agreement, contact your credit card issuer–the Board’s credit card rules require that they provide it upon request.

  • Debt Collectors -Recovery Services - PA & VA

    by on September 1, 2024 - 0 Comments

    Entity Address Telephone Monarch Recovery Management, Inc. 10965 Decatur Road, Philadelphia, PA, 19154 (215) 281-7500 Monarch Recovery Management, Inc. 9350 Ashton Road, Suite 101, Philadelphia, PA, 19114 (215) 281-7500 Central Credit Services, Inc. Five Neshaminy Interplex, Suite 117, Trevose, PA, 19053 (215) 333-2272 Tate & Kirlin Associates, Inc. 2810 Southampton Road, Philadelphia, PA, 19154 (215) […]

  • Credit Counseling Agencies :EASTERN DISTRICT OF NORTH CAROLINA

    by on August 9, 2024 - 0 Comments

    Alliance Credit Counseling, Inc. 13777 Ballantyne Corporate Place, Ste.100 Charlotte, NC  28277-3433 Phone:  888-594-9596 Fax: 704-943-0313 Email:  kevin@knowdebt.org Website:  www.acc.consumerbkcenter.com, www.crisishelp.org, www.knowdebt.org Debt Management/Credit Counseling All Names Used: Alliance Credit Counseling, Inc., AAAlliance Credit Counseling, Inc., AAA Alliance Credit Counseling, Inc.  Addresses: 15720 John J. Delaney Dr., Ste.100, Charlotte, N.C. 28277, 7621 Little Avenue, #100, […]

  • How to calculate Monthly Income and Expenses - Case study

    by on August 2, 2024 - 0 Comments

    Monthly Income and Expenses   Once you know your monthly expenses, you can use a Monthly Income and Expense Worksheet (similar to the one on page 8 of your Participant Guide), a money management software program, or an online budgeting worksheet to determine: How much money you have coming in (income) How much is going […]

  • 5 Tips for Getting the Most From Your Credit Card

    by on September 14, 2024 - 0 Comments

    Pay on time. Paying your credit card account on time helps you avoid late fees as well as penalty interest rates applied to your account, and helps you maintain a good credit record. A good credit record leads to a higher credit score, which helps you qualify for lower interest rates. Know the date your […]

  • Credit cards fees

    by on July 29, 2024 - 0 Comments

    Fees Many credit cards have fees. You will want to read your credit card agreement carefully to make sure you understand all the fees associated with your card. You can use the Federal Reserve’s consumer credit card agreements search to find general examples of the type and range of fees a credit card may have. […]