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The Truth about Affinity Credit Card Deals
Americans are well-known as a very caring nation. If anyone is in need, most Americans will be there to help! Today more and more kind-hearted people are ready to open their wallets in order to donate money to good causes all year round! Many Americans are even willing to spend their weekends to build homes for the victims of disasters or to rebuild habitats for the animals in danger. Credit card companies also offer credit card deals that can help those who are in need; these plastics are called affinity credit cards. It is well-known that helping others often makes us feel better. But are the affinity credit cards really so helpful?
Well-known credit card companies like Visa or MasterCard that issue affinity cards play on our desire to help. Affinity cards are issued by credit card companies, but also feature a logo of a charity. When you pay with your affinity credit card, the company donates some percentage to the charity partner. Affinity credit cards support many kinds of good causes.
The bad news is that the donations generated by these credit cards are not very big. Many financial experts say that cardholders would be better off donating cash for those who are in need! Even best credit cards of this kind donate 50 cents for every $100 purchase made with a card! If your credit card purchases are $400 a month in hopes of supporting rare species of animals, your affinity contribution will be only $24 a year!
There is no doubt that even a little support counts, but if you would like to help more, you should really donate in cash.
The good side of affinity credit cards is that every time you make purchases, you can be sure that you share! If thousands people will give at least a little bit, the donations can add up to a lot of money! Let's take Target Store: it generated over $19 million for Take Charge for Education! Not bad at all!
Affinity credit cards are also highly appreciated by the society. People like to discuss the organizations they support because they like to show how much they care! The words spread really fast and more and more credit card users become the owners of affinity credit cards! As a result, donations grow larger every day.
But before you get an affinity card, you have to know that they can't be called low rate credit cards at all! These plastics usually come up with high interest rates and offer fewer perks than other plastics. Still many credit card users really like to add their drops to the financial bucket to help the needy, that's why affinity credit cards are very popular. Some of the most popular cards include child and animal welfare, environmental and public education causes.
If you are a person, who would like to give big, it will be better off for you to donate to the charities of your choice in cash! But if you would like to share a little bit every time you make purchases with your credit card, affinity credit cards are the right match for you!
Remember that it is never too late to show that you care!
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Those credit card companies simply fool people! They want you to think that affinity cards will help the needy, but that's lie! If you apply for an affinity card, you will only help credit issuer to become even welthier! That's it!!!