0 Interest Credit Cards

admin — Thu, 11 Feb 2010 06:23:15 +0000

Is there really such a thing as a zero interest credit card? You use to see them in the paper, but not so much anymore. They really are zero interest but that offer does not last long. That rate will certainly get people to apply but it will only last for three, maybe six months, then you are back to the regular rate.
They are enticing for sure so make sure you read the small print to get all the details and if you can or cannot transfer balances from other cards. But most important, what will your rate be once that initial rate ends. After doing the math for all that, you can then decide if it is a good enough temptation for you to pursue.
If you have a large balance on another card, then this zero interest will certainly help you out some. By transferring that balance onto the zero card, you save in interest charges and even cash advances that will be at a better rate. Some transfers are not allowed, to get all the details first. Some cards will even charge for a transfer which might not work out at a benefit after all. Choose wisely, the picture is not all roses.

College Credit Cards

admin — Mon, 16 Nov 2009 06:17:19 +0000

Credit cards that are given to college students are the type of credit cards that are for someone with no steady income or even a credit history. Beginning early with your credit is a good thing and will of course help you to get a regular credit card in the future.
These cards for college students do have more restrictions and those conditions can be: requiring a co-signer from a parent or guardian when it is applied for, it will usually have a lower credit limit of around $500 to $1,000, the interest rate will be higher and are generally in the 16-18%.
A student card can be used to buy gas or rent a car and even pay their tuition fees. If the student maintains good grades, a low interest rate can be available and can offer rewards and benefits. It is the first step for students to learn how to manage their finances which can be a great benefit in the future.

Fast Money News » Credit

0 Interest Credit Cards

College Credit Cards