What are the Various Types of Chase Credit Cards?
Chase has many types of credit cards that provide benefits such as free mileage points, bonus points and reduced fees. Based on the purpose of the card, chase credit cards can be grouped into a few broad categories. These categories are airline rewards cards, hotel rewards cards, retail rewards cards, gas reward cards and points reward cards.
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What are Reloadable credit cards?
Reloadable credit cards can be used like any other credit card to make purchases online or at the store. Unlike conventional credit cards where you owe the bank or financial institution the amount you make a purchase for; with these cards you first load funds onto your card and then make purchases based on the amount of money you loaded onto the card.
The benefits of Reloadable credit cards:
The primary benefit is that since they don’t carry a credit balance, there is no interest rate. You spend money you have loaded onto the card and you negate the need for interest rates and late payment fees. The principal advantage of course is that you don’t accumulate debt.
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The official name for the American Express Black card is the Centurion Card. This rare, and seldom seen card is considered by the wealthy, and non-wealthy alike, as the ultimate status symbol. With stratospheric credit limits, and a reputation that carries so much weight that it can literally get cardholders into the most elite of establishments, if you’re able to acquire one it must certainly mean that you’ve “arrived.”
The American Express Black card is available by invitation only and as of 2009, has a hefty annual fee of $2,500 and a one-time initiation fee for the first year of $5,000.
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About one month from now, the new credit card reform bill rules will take effect. The new rules are intended to protect consumers against seemingly unfair banking fees and other practices. The rules become effective on February 22nd, 2010.
This sounds like a great move for cardholders, but according to the banks, they are stating that they’ll be losing money as a result of these new rules. In order to make up for these losses, they are expected to increase fees.
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Towards the end of last year, Jack Dorsey who is co-founder and chairman of Twitter, launched a new company called square that will allow you to process credit cards on your cell phone. Using a small adapter that fits in the audio jack, anyone can now swipe a credit card and accept payments.
The software makes it super easy to charge a credit card on your cell phone and you can even send an electronic receipt via email once the charge is complete. It also has a system for payer photo verification, and allows the customer to sign their name on the screen. The company will donate a penny of every transaction to a cause of your choice.
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If you find yourself in a position where you can’t afford to make your credit card payments anymore, then a credit card debt settlement may be the most sensible option for you.
The past couple of years have been tough times for a lot of people. Thousands have lost their homes, lost their jobs and have even migrated out of state where the cost of living is more affordable. Most people in this situation have no choice but to stop making credit card payments because they simply don’t have the money.
So what happens in a situation like this? If you’re buried in credit card debt, then you typically have the following three choices:
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Zero interest credit cards are a very effective way to save money and reduce your monthly interest payments. Most people use 0 interest credit cards in order to transfer balances from higher rate cards. If you are someone who carries balances on credit cards that have high APR’s, then this type of debt consolidation makes a lot of sense.
One bad habit that you want to avoid is constantly transferring debt from one card to another. This may make sense in the short term, but it does nothing for reducing or eliminating that debt. It’s easy to get excited about what 0 interest credit cards have to offer, but it’s also as easy to find yourself charging up your new card, only to transfer the balance to another card a year later. This can become a vicious circle.
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What’s the difference between a gas credit card and a regular credit card? Why would you even bother getting a special credit card to purchase gasoline for your car? Well, the biggest benefit is that most gas credit cards offer special rebates. Many of the gas companies are attracting new clients by offering special rebates on their gas purchases, and offering low or zero interest and no annual fees.
These rebates range from 3% to 5% and gas credit card customers can request a rebate check back or rewards. Companies also encourage their gas credit card holders to use the card at their convenience stores located at the gas station as a way to increase business. Some of the other rewards that gas credit cards offer is airline miles, hotel and travel discounts and grocery rebates at participating stores.
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Gift cards have become very popular over the last few years and the Visa gift card is no exception. Gift cards are a great way to give the perfect gift because the recipient gets to decide what they want to buy with it. Since it’s a card with the Visa logo, it can be used anywhere Visa cards are accepted. It’s like getting a pre-loaded "credit card" for use wherever you want. So if you’re struggling to find just the right gift, the Visa gift card may be the best solution. There are even Personalized Visa Debit Gift Cards which you can personalize for your own special occasion.
Here are some important facts about Visa Gift cards:
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For many parents, the idea of student credit cards can be a scary thought. Most of us at that age, just weren’t responsible enough to handle a credit card. In fact, many adults aren’t responsible enough. But the fact is, student credit cards exist and the credit card companies spend a lot of money marketing their credit cards to high school and college students.
Some student credit cards require no credit history to get approved and others do look at your credit. Sometimes these student credit cards are combined with prepaid credit cards which actually require a deposit up front, much like a checking or savings card.
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Credit Card News from Google