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News about Credit Cards |
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Do Credit Issuers Play a Double Game Using Credit Card Deals?
How often a thought of being cheated with your credit card crosses your mind? You don't get all those bonuses you have expected from the offer. You seem to have bought the same option as many other card holders - the rewards program.
It is no wonder, credit card companies are fighting for every consumer under the tough competitive credit market of today. In order to attract new consumers credit card issuers are getting more and more inventive in their programs. Any outrageous consumer's need may be met with a variety of offers.
Promises are like piecrust, made to be broken. As a recent survey showed, about 60% of the respondents felt frustrated about their rewards credit cards. You try to earn more points on your plastic and you spend lavishly, but in the end you get empty-handed. You make purchases with your cash back credit card and wait your account is increasing but it fails. You are perplexed about the major respectful credit card issuers like Visa, MasterCard and American Express may turn out just fraudsters to you.
Jim Torrance, one of the respondents in the survey, has picked up a frequent flyer credit card in order to earn points for a free ticket but it turned out hard to claim for. Why are there any troubles with that he has the right for?
And actually, his case is not unique - the number of those credit card holders attracted by top credit card institutions' with their low APR, 5% cash back, points offers has increased to a considerable degree. The proper credit card user's behavior is not reflected on the rewards they were promised to get.
There is one thing that may make changes in the depressing market of credit card deals as you see it. Capital One issued a credit card product that promises to be as a good buy as the previous deals. Is it trustworthy?
Their Platinum credit card program with 0% on purchases and balance transfer lasts till May 1, 2008, and it would be sad to find out it being a fake. And it may be even more regrettable than to lose low 9,9 % APR, one of the Capital One offers.
Still, the Capital One credit card consumers apply for their cards out of another reason - ID Theft Service. You may feel completely confident when using your plastic for paying at department-stores or entering a card number for online shopping. Moreover, the ID Theft Service helps you to manage the fraud aftereffects.
Well, everything weighs heavily for Capital One new offer is noteworthy. But the point of the matter is if Capital One is able to keep their service of high quality and if their consumers stay confident of credit card protection.
The next researches on the credit market will clear up which of the participants play fair and which play a double game.
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Articles about Credit Cards |
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No secret that men and women are from two different planets. It tells on nearly everything - from food preferences to money attitudes and financial management style. Yes, this green stuff that seems to be just conventional units that you can exchange for goods and services breeds misunderstanding, disagreement and conflicts. According to statistics, money is the leading cause of divorce in the US.
Where do we get an attitude about money? And how come a man and a woman, contemporaries, treat money in different ways and have different spending habits? Do you want to know what Venus and Mars' people think about money matters and how they spend it? Read on!
When selecting a new card, you may narrow down your search to two plastic money offers. At first glance, they're both worthwhile. The only difference between them is that one has a variable APR and the other one comes with a fixed APR. The question is, which one is better?
Most customers believe that fixed rate cards are a better option due to the fact that interest rates are "fixed", i.e. they stay the same no matter how economic indexes changes. Is it really a right assumption? Let's try to clear this question up and set the difference between these two types!
We all would love to be good payers with an impeccable credit profile. Having a good score rating can save a borrower hundreds or thousands of dollars in interest payments. Meantime, a bad credit score generally becomes a cause of stress and anxiety, as most lending organizations prefer to work with solvent borrowers.
Like it or not, but good credit cannot be built overnight. It's not something we can buy or sell. It's not something we're born with. This three-digit number requires much work to be done before you can enjoy all the privileges of plastic money deals. If your score rating leaves much to be desired and you don't want to take it for granted, read more about the ways to repair your bad credit.



Before applying for a credit card one should think several times. Instead of the expected benefits they can bring a lot of troubles.