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Welcome to Credit Card | Credit Card Guide

Credit Card Article

Credit Card FAQs
Joseph Kenny

What are credit cards?

Credit cards let you pay later for any purchase you make. In case of any sort of emergency or urgent situation, when you may not have cash to make payments, credit cards can be helpful. Credit cards are commonly used to get fuel for cars or buying products in a grocery store. You receive a statement at the end of each month. The statement tells you of the expenditures you have done using your credit card. It also mentions minimum balance, due date, fees, etc.

What is an additional cardholder?

An additional cardholder may be anyone from your family, aged above 18. He will also be issued a credit card. You can contact your credit card company if you wish to have an additional cardholder.

What is a balance transfer?

Balance transfer means the transferring of outstanding balances of credit cards from your current credit card company to another.

What should be done on losing a credit card?

If you happen to lose your credit card, you should inform the your bank as soon as possible, as there can be chances that some one may use your credit card and you end up paying for that too. Once you notify the bank, they at once cancel your credit card and issue you another credit card.

What is an APR?

APR, or Annual Percentage Rate, is just a way of calculating cost of credit, measured as a yearly rate. You must know the APR that would be levied on your credit card before you decide to have one. All credit card companies have varying APRs. You have to see the one that suits you the best.

What is the way to choose a credit card?

This purely depends on your needs and situation. If you would be paying full bills then you need to take a credit card with a low annual fee and other charges. On the other hand, if you want to have a cash advance feature, you need to choose a credit card company with low APR. If you have any doubts and questions, always feel free to call up the credit card company.

What is the credit card grace period?

Credit card grace period is the period in which you can pay your credit card bills before the due date and avoid finance charges. You should be aware of the grace period in order to avoid any sort of finance charges.

About the Author

Joseph Kenny is the webmaster of the credit card comparison sites http://www.credit-cards-info.com/ and also http://www.creditcards121.com/




Credit Card News

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LEXINGTON, Ky. (AP) — Six top officials at the Blue Grass Airport will no longer have credit cards issued by the board after it was revealed that three employees racked up $4,500 in charges at a Texas strip club. Board chairman Bernard Lovely told ...

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Ky. airport officials lose credit card privileges - Herald-Dispatch

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Report: Jett Travolta Death "Not Suspicious" - The Hollywood Gossip

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Falcons Notebook: Michael Turner racking up awards - Atlanta Journal Constitution

LEXINGTON, Ky. -- Six top officials at the Blue Grass Airport will no longer have credit cards issued by the board after it was revealed that three employees racked up $4,500 in charges at a Texas strip club. Board chairman Bernard Lovely told the ...

Read more


Ky. airport officials lose credit card privileges - Lexington Herald-Leader

Credit scores appear to be slipping for consumers in Greater Cincinnati and Northern Kentucky - at a time when many people are counting on credit to survive the recession and take advantage of low mortgage rates. An analysis of auto loan applications ...

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Local credit scores sliding - Cincinnati.com

PETALING JAYA: The National Consumer Complaints Centre (NCCC) is proposing that consumers using credit cards to pay for petrol at the pumps be required to key in a personal identification number (PIN) or password. “There should be more efforts to ...

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Credit cards at the pumps: Use PINs or passwords - star.com.my

Barclays has announced plans to be the first UK bank to issue contactless payment debit cards to its customers. The group said from March most Barclays debit cards that were issued or reissued would include technology enabling people to pay for items ...

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Barclays' 'contactless card' plans - Channel 4 News

When it comes to New Year's resolutions, Kathy Johnson of Sacramento , Calif., has two simple money-savers in mind: "to get out of debt and pay off all my credit cards." Johnson, a single mother, said her debts have accelerated due to health issues ...

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Keep financial resolutions in '09 - Hampton Roads Daily Press

The Blue Grass Airport board will cancel credit cards for the airport's top officials in light of widespread concern about excessive and inappropriate spending, including the revelation that three airport employees charged $4,500 at a Texas strip ...

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Airport paid tab at Texas strip club - Lexington Herald-Leader

Features: It's about the size of a credit card and is 1/8-inch thick. Has flat keypad and can store 200 or more passwords and records. Screen displays three lines of text for website name or address, user ID and password. Available in black or white ...

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