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Search the best credit card tips and advice to help mange your credit cards or help select a new credit card. Get credit card tips to help find the best credit card with the best credit card rate. Credit card tips can help consumers manage their way through the credit card marketplace. Review credit card tips on how to work a credit card balance transfer or obtain the highest return on credit card rewards. Credit card tips cover all credit card types from cash back credit cards and travel credit cards to gas credit cards and even prepaid credit cards. Use the credit card tips to learn about the best credit card rates, the lowest credit card fees and the best way to handle your credit card needs.

To find more information on specific credit card offers for low interest rate credit cards, credit card reward programs, credit cards for balance transfers, student credit cards, business credit cards, credit cards for bad credit, prepaid credit cards, secured credit cards, gas credit cards or cash back credit credit cards see the following pages: balance transfer credit cards,credit cards for bad credit,prepaid credit cards, cash back credit cards, secured credit cards, student credit cards, business credit cards or gas credit cards.

Increasing the number of times you make a payment to your credit card compa...(read more)

Think carefully about the items you purchase with a credit card.  If you a...(read more)

If  heavy credit card balances are bringing you down you may consider a ba...(read more)

If you have less than perfect credit, credit card offers vary so be sure to...(read more)

Don’t overlook that a credit card company can impose late fees, increase ...(read more)

While it may be tempting to adopt a policy that more is better when it come...(read more)

Realize that rates vary terrifically from credit card company to credit car...(read more)

Though we often focus on what to watch for or weary of credit cards, credit...(read more)

When you get an offer in the mail saying you are pre-qualified or pre-appro...(read more)

You have the right to shop around for the best credit cards rates.  If you...(read more)

One of the best credit card tips is to gather all your credit card statemen...(read more)

Make your credit card payments on time!  When you pay on time you are buil...(read more)

Beware of offers of easy credit or credit cards without a credit check.  N...(read more)

With secured credit cards it is especially important to watch out for reall...(read more)

On a secured credit card the amount that you must deposit varies from bank ...(read more)

Watch out for introductory offers!  When you receive credit card offers in...(read more)

There is usually a large finance charge for credit card cash advances and t...(read more)

Look at your credit card statement carefully and call the credit card compa...(read more)

When it comes to your credit card obligations, take your promise to pay ser...(read more)

Credit cards are now accepted internationally in almost every major country...(read more)

When you had a temporary oversight on your monthly credit card payment, you...(read more)

In measuring total security and consumer protection, debit card purchases h...(read more)

Reduce Interest Charges by Paying More Often

Increasing the number of times you make a payment to your credit card company is an easy way to keep your credit card balances under control and the bills paid on time.  Paying off a debt early by making more frequent payments is often discussed by financial advisors as a tip for reducing mortgage balances and car loan balances but is a tip that is frequently ignored when it comes to addressing credit card balances. 

Paying more often than just the one scheduled monthly payment on a credit card is a great way to gain control of your credit card debt no matter how large or small the credit card balance or balances may be.  By paying a credit card more often, the overall balance stays lower and allows you make the extra payments within your budget.  Some months you may make an extra payment that equals the previous payment, other months you may choose to pay just $20.00 or $30.00 more than the contractual amount, and when the going gets tough it may be time to just simply stay with the regular payment amount.

Not only will the extra payments make the credit card balance more manageable over the long run, but it also helps keep the card balance low in relation to the card’s credit limit.  The ratio of a credit card balance to the credit limit is referred to as the utilization rate.  Credit card utilization rates are a key factor in calculating credit scores.  Extra payments will help build a better score.

Responsible credit card use

Think carefully about the items you purchase with a credit card.  If you are not able to afford the purchase now, chances are you won’t be able to afford it in a month when the credit card payment comes in!  Credit card services can be very convenient for a variety of reasons but making purchases that do fall inside of your budget is not one of them.  Use the right credit cards responsibly and always manage your credit and your credit card purchases.  If you do fall behind because of excessive spending, cut your recreational expenses or get into the habit of paying for cash for things like movies so you know that you can really afford them.  Then see if finding a new credit card with a better credit card interest rate or a balance transfer may help.

Credit card balance transfers work

If  heavy credit card balances are bringing you down you may consider a balance transfer to a new credit card.  With the transfer to a new credit card, the credit card company pays off your other credit card balances and transfers the credit card debt to the new card.  The benefit lies in the credit card offers for these services.  Numerous credit card offers that promote balance transfers have low credit card interest rates or zero interest rate for the introductory periods.  After you transfer the balance you are offered a lengthy period of time to pay off the transferred debt without having to pay any interest or very little interest.  Generally, the terms specify you make the credit card payment each month on time, don’t make any new charges and pay off the balance by the end of the introductory period and that promotional rate stays in place.  The credit card balance transfer with the right credit card can yield significant savings.

Bad credit cards

If you have less than perfect credit, credit card offers vary so be sure to shop around.  You aren’t just looking for a good deal.  You are looking to avoid a really bad deal.  Some secured credit card companies will charge a credit card application fee and others will not.  Most all secured credit cards have an annual fee, normally around $50, but they vary widely.  Make sure that you know exactly how much you will pay to receive the card.  It is possible that with an application fee and an annual fee applied to the first month you will have very little available credit remaining and a credit card APR in the stratosphere.  Secured credit cards, prepaid credit cards, bad credit cards and and credit cards for poor credit are all available.  Shop carefully for the best credit card and avoid the imploding ones.

Credit card penalties

Don’t overlook that a credit card company can impose late fees, increase your credit card interest rate and cancel your credit card rewards for the month if you pay your bill late.  It’s easy to overlook your bills when you’re busy or unexpected surprises come our way.  Setting up automated payments from your bank account can help avoid late payments and fess.  Most credit card  companies will let you establish an automatic payment program to pay a set amount or the even the full balance from your bank on the due date each month.  Check with the credit card online to see the easiest automated payment methods to avoid all the credit card penalties that come with making that late credit card payment.

Too many credit cards

While it may be tempting to adopt a policy that more is better when it comes to credit cards, it is not necessary to have more than six credit cards for most credit purposes.  Four credit cards will help you meet most requirements for maximum credit card rewards, the best credit card rate, significant available credit and a solid credit profile.  To make sure that your credit cards do not hurt your credit score make sure that you pay your credit card balance on time and pay off or at least pay down your total credit card debt.  Too many credit cards can lead to excessive credit card interest charges and the inability to manage the payments and balances.

Credit card choices

Realize that rates vary terrifically from credit card company to credit card company for balance transfers and everything else.  Do yourself a favor and do your homework.  Read all that nasty fine print on the credit card application and make sure you really compare apples with apples.  Making a chart where you can make out every detail about the conditions and credit card interest rates that the companies may offer will help keep things simple.  Checking the credit card online makes it easier to compare a variety of credit card services.  In order to make sure you receive the best credit card compare all of the card features and before you apply for a credit card – choose wisely.

Credit cards as assets

Though we often focus on what to watch for or weary of credit cards, credit card services that are managed properly provide a great deal of benefits.  The right credit cards offer a number of distinctive  advantages.  Credit cards reduce your need to carry cash or checks.  Credit card availability helps provide security in emergencies for purchases and cash advances.  Credit card use helps develop independence and provides independence.  Credit cards can build a positive credit history and rebuild a credit history that has been previously damaged.  Credit cards enhance your ability to get credit for future use.  The best credit cards used responsibility are valuable assets, improper use turns them into a liability.

Credit card offers often have little value

When you get an offer in the mail saying you are pre-qualified or pre-approved for a 0% offer on credit card balance transfers don’t get too excited.  Those things are sent to zillions of people.  Machines crunch some numbers through a mix of formulas and if you fit into a company’s particular category, you will get one of those credit card offers.  Here is the catch.  Just because they say it, doesn’t mean it’s true.  That 0% offer and your ability to get it, depend upon your credit score and history.  They can still turn you down.  My advice, know what your score is and if it makes sense because you have a high enough score then you may want to apply and get out of a high credit card interest rate.  But if they say no, it will actually lower your credit score even further because of the inquiry.  There are numerous different types of credit cards available from credit cards with the best interest rates to the best credit card rewards programs to credit cards for those with credit scores indicating very little life.  Search for a credit card online first, don’t settle for what is sent in the mail as a marketing puff piece.  Find the best credit card that fits your needs not the credit card companies.

Credit cards and moving on

You have the right to shop around for the best credit cards rates.  If your current credit card company won’t play nice, go find another.  Good credit card offers, regardless of your credit profile, are available in a variety of rates and terms and conditions.  Just make sure when you close your old credit card account that you send a letter stating that you are choosing to close the account.  Who closes the account and under what circumstances all impacts your credit rating.  If you’re going to close an account, pay off the credit card balance first or do a credit card balance transfer to another card.  When all is said and done, check your credit report for accuracy.  If the report says that the account was closed at the request of the credit card company, call them up and get that fixed.  Always manage your credit card services, the credit card company charges interest and works for you.  Make them work harder.

Eliminate credit cards with high interest rates

One of the best credit card tips is to gather all your credit card statements and see which credit card charges the highest interest rate.  When you find the credit card with the highest rate you should make the biggest payment to that credit card while making minimum payments on the other credit cards.  This will reduce your monthly interest charges the quickest.  Another solution is to do a credit card balance transfer from the highest credit card interest rate to a credit card with a lower rate.  To go one step further, it may behoove you to find a credit card online that has low introductory credit card balance transfer rate and move the credit cards with the highest rates to the new credit card and start reducing the balance with the lower rate as quickly as possible.  Managing the plethora of credit card services available can result in significant monthly savings.  Organize your bank credit cards and evaluate which options for maximum benefits and lowest costs works best for you.  If part of the solution is to find a new credit card, then apply for a credit card now and start receiving the benefits of good credit management.

Make your credit card payment on time

Make your credit card payments on time!  When you pay on time you are building good credit.  Make sure you know precisely when the payment is due and how long it takes for your payment to process.  If it’s due on the 15th of the month make sure you mail your check at least a week and a half in advance of the due date.  If you make your payments on line or by phone, find out how long that takes to process. Some companies say it can take up to three or more business days to process your payment.  You don’t want to be hit with those late fees and penalties.  Even when your credit card payment is not yet 30 days delinquent the late charge that is assessed after the payment is 15 days late can be rather exorbitant.  Being late can make your credit card more expensive than it’s worth.  Not to mention, consistent late fees will make the total credit card debt more of a burden to reduce.

Watch no credit check credit card offers

Beware of offers of easy credit or credit cards without a credit check.  No one can guarantee to get you credit.  Before deciding whether to give you a credit card, legitimate credit card companies examine your credit report.  If you have bad credit, secured credit cards or prepaid credit cards may be one option.  Some credit card companies will provide credit cards to individuals with bad credit without security as well.  But even these credit card companies will not guarantee the approval and they will also not charge for the credit card application.  Finding the right credit card online regardless of your credit profile should not cost a dime.  As always, compare credit card offers and find the best credit card with lowest costs.

Searching for the best secured credit card

With secured credit cards it is especially important to watch out for really bad terms that can totally defeat the purpose of having this type of bank credit card.  Some issuers have low fees and provide reasonable credit card services.  Others will try to impose more and higher fees, especially if you deviate even a small bit from the terms of your credit card application agreement.  The worst ones will charge outrageous monthly fees hidden in small print in the application or will harshly penalize a card holder for overspending and exceeding the credit card debt limit even by a small amount.  When searching for a new credit card compare all of the terms of the credit card offers as well as the credit card interest rate even if the card is a secured credit card.  The best credit card will not always be determined by interest rate alone.

Secured credit card fees

On a secured credit card the amount that you must deposit varies from bank credit card to card.  Most credit cards range from $250 to $500, and that will normally be your credit card debt limit.  Even with secured credit cards there will be fees for overspending your deposit.  There will also be fees and charges for failing to make the normal credit card payment and additional payments on time.  Normal, good credit habits and behavior will be important.  If you have had credit problems before you will have to be sure not to repeat the behaviors that created that situation.

Credit card introductory offers

Watch out for introductory offers!  When you receive credit card offers in the mail with a low credit card interest rate, it may expire in three or six months.  Note when and by how much the credit card interest rate increases after the introductory offer expires.  You may not remember when it expires, but the credit card company will.  At the time the introductory credit card interest rate expires you may be shocked at what the new credit card rate and credit card apr has risen to.  Always read the fine print on the credit card offers to avoid having the rate rise when you have a large credit card balance.  If you know the rate will be increasing, look for a new credit card that has the best credit card rate to help keep the payments low and the overall credit card debt affordable.

Credit card fees

There is usually a large finance charge for credit card cash advances and the credit card interest begins accruing as soon as you take the money out, not after the next statement closing.  Use the credit card services for cash advances carefully to avoid becoming overwhelmed in credit card debt.  Be aware of the credit card annual fees.  Many times you are charged $50 or more just to have the bank credit card.  It seems like a small thing when you apply for the new credit card, but first try a card that has no annual fee.  If you have the card for a long time it may be the right time to find a credit card without no annual fee, be sure to compare the best credit card rate on the credit card applications that don’t have an annual fees first.

Credit card errors

Look at your credit card statement carefully and call the credit card company right away if you have any questions.  It’s easy just to look at the amount due and not much more and miss any errors including unauthorized charges, an inaccurate credit card payment or even credit card fraud.  Errors do occur during credit card processing.  This also makes for a good time to check the credit card interest rate and fees.  At a minimum, compare the credit card interest rate you are being charged with the best credit card rates available to see if obtaining a new credit card would be beneficial.

Credit card obligations not to be taken lightly

When it comes to your credit card obligations, take your promise to pay seriously.  Everyone makes mistakes or has hard times but your credit history will follow you and hurt your eligibility for mortgages or loans or even a new job down the road.  Late credit card payments are one of the largest sources of blemished credit profiles and low credit scores.  Try to make the minimum credit card payment before it becomes 30 days late.  If a credit card balance transfer helps, at least temporarily, to get you on the right track then use these credit card services to help with your budget.

Credit card services for international travel

Credit cards are now accepted internationally in almost every major country.  In foreign countries, credit cards can be used in ATMs to access cash in the currency of the country you’re in.  Most bank credit cards offer currency conversion, purchase protection and ATM use in other countries.  With the ease of use, purchase protection, and currency conversion services credit cards are more widely used for international travel.  Be sure to check the credit card services of your credit card before traveling abroad.

Pay your credit card online

When you had a temporary oversight on your monthly credit card payment, you can always take advantage of  the services of the credit card online or payment over the phone options.  If the credit card company wants to charge for this feature make sure you explain your position and ask them to waive the charge.  Bank credit cards are usually happy to get the payment before it becomes late and the standard process may be to charge for the services, however the charge will often be waived when requested.

Credit card services better than debit cards

In measuring total security and consumer protection, debit card purchases have much weaker consumer safeguards than credit card purchases do.  Stick with credit cards for your mid size and larger purchase amounts.  Credit card services will almost always outweigh the benefits of debit card services.  Paying with a credit card generally provides greater protection than using a debit card, check, or cash.  A host of federal regulations including the Fair Credit Billing Act and Federal Reserve System Regulation Z help enforce security and consumer protection in credit card activity.  Manage these services and the best credit card can be helpful and not harmful.



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