In the business of credit card companies and credit card issuers, Citibank is one of the largest. As one of the largest credit card service providers, the bank is continually offering new credit cards and new credit card features. One of the new credit cards promoted by Citibank is their Citi® Secured MasterCard®.
This credit card [...]
A: This first point to drive home is to try not to use your credit card for cash advances. Both the credit card cash advances and the debit or check card cash advance can provide consumers with convenient and instant access in times of financial need, but credit card cash advances should be avoided if [...]
Rising credit card delinquency rates and strict new government regulation is stifling the profit margins for bank credit cards. But, don’t think that new regulations will stop credit card companies from earning a buck. Despite the regulations, credit card issuers will still have room to increase your credit rate and fees.
Even with regulation designed to [...]
A: It’s your right to either decline or accept the offer for an increased credit card limit. In general, there is no reason not to accept the increased credit card limit. It has no detrimental value to your credit profile or your credit terms. It may have some value if you want the additional credit [...]
Credit card rate activity took a rest for the past week. The national average for credit card rates compiled by bestcreditcardrates.com was unchanged for the week ending July 30, 2009. The composite average for all credit card categories held steady with an average credit card rate of 13.18%. The composite average of credit card rates [...]
When consumers receive a new credit card they need to be vigilant on how they use and handle the new credit card. Careless handling of credit cards can put a consumer in considerable trouble. Credit cards need to be handled with care to avoid loss, theft as well as excessive use which can lead to [...]