Credit cards with no annual fee – Would you believe ?
There are some Credit Card providers out there who don’t charge you annual fee and offer you cash back facility as well . Finding a good credit card with no annual fee is bit time consuming as you have to compare lots of credit card providers and then you have to compare them , for this you might be needing some tools which can let you compare these features . Some good companies I know are the American Express and Discover . If your card is powered by American Express or Discover and you are using it already then you might know that there are lots of features which never let you think to change the brand . Some features of these credit cards are listed below ,
- Features of American Express Credit Cards : American Express credit card has lots of features but the salient feature of American Express Credit Card is that there is 0% Intro APR On Purchases of Amex and you won’t believe that it has the lowest Intro APR Balance Transfer Offers which not only attract and benefit lots of users but also provide the service at its best level . American Express balance transfer is easy to process and has lowest intro APR Balance transfer facility .
- Features of Discover Credit Cards : Discover Credit Card is also one of the favorite brand out there , lots of people use it and if you have noticed its also used as a online payment processor , lots of webmasters are using an option of accepting discover credit card as a payment method . Although now a days lots of people use credit card for payment transferring online and for this reason they need credit card with lowest APR intro balance transfer offers , let me tell you that discover credit card has 0% Intro APR Balance Transfer Offers thats why its considered as one of the best brand . Everyone out there is searching for best balance transfer credit cards with lowest APR and I think discover is the one which suits everyone .
I hope this post will help you selecting the best credit card with lowest APR in balance transfer . If you need some more help or information about the balance transfer then kindly leave your feedback , I’ll try my best to get back to you with complete solutions .
Charge Cards – A Better Way To Control Spending?
Human first started using coins for currency around 7,000 years ago. It wasn’t until about 960 A.D. that we began using paper currency. Today, we’re also seeing a paradigm shift in currency unfold before our eyes… the move from cash payments to card payments. In many developed nations, paying with credit cards is now more common than using cash. While they may be convenient, unfortunately they also tempt us to spend beyond our means. Is the charge card a better solution? Well, let’s take a closer look…
Credit Cards vs. Charge Cards
Some people use these terms interchangeably, but they are actually two completely different things. A credit card (the most common) allows you to spend up to a certain limit. At the end of the month, you have the ability to either pay the balance in full or carry it over and pay interest. With a charge card, you don’t have this option; its balance must be paid in full every month.
Both types of cards have their pros and cons. For example, credit cards rarely ever charge an annual fee. However the most popular charge card in the United States – the American Express Gold Card – charges an annual fee of $125.
Meanwhile, charge cards tend to offer benefits which you will not find with any credit card, hence making their annual fee worthwhile for some people. For example, with the American Express Gold Card or Platinum Card, eligible purchases are protected for 90 days after purchase from accidental damage and theft. Cardholders also get a broad array of other unique shopping and travel benefits.
Who Would Benefit Most From a Charge Card?
According to Diana Wheeler, a staff writer at CreditCardForum.com, there are two categories of people that will typically benefit from a charge card:
People that overspend: Since charges are due in full each month, you no longer have the temptation of spending beyond your means.
People that travel frequently: For those that travel frequently, then the travel benefits offered by charge cards may be worth the annual fee.
Diana goes on to say “While it’s true the American Express Gold does offer quite a few benefits, it’s important to weigh the benefits against the annual fee. Upon reviewing the benefits, do you think you will get your money’s worth? If not, then you may be better with a charge card that has a lower annual fee, like the American Express Zync Card.”