Personal Credit Cards
The majority of us have at least one credit card in the wallet or pocket. Personal credit cards are very easy-going and affordable way to borrow some money, in case of emergency shopping or unexpected expenses.
We are not talking about excessive usage of credit cards. We all know the stories about people who own around 10 cards or more, and are overwhelmed by the growing credit cards debt. In some cases, they apply for next card, in order to pay part of the debt due on other credit cards.
There is nothing wrong in using one to three different credit cards. There are a lot of situations in our lives that credit cards are very useful in personal finances. In such countries like the United States, smart usage of two to three credit cards, can help improve your credit rating, called sometimes credit score.
As the definition say: credit card is a payment card that allows the cardholder to pay for services and goods, around the world. In fact, the credit card issuer grants a line of credit to the user of the card. When you do some shopping and pay using credit card, you borrow money from the issuer. You agree to pay it back to the issuer in the time frame determined by the credit card holder agreement.
There are a lot of different types of personal credit cards. You can apply for the particular card that is based on your personal preferences like: no annual fee card, low APR card, secured card or balance transfer card. Some customers prefer rewards credit cards that include: cash back card, rewards points card, airline miles card or gas card, to name the popular ones.
Credit cards are issued under few main worldwide card systems that include Visa, MasterCard, American Express and Discover. In the United States, there are few main personal credit card issuers that include: Capital One, Chase, First PREMIER Bank, Citibank, Credit One Bank, US bank or Barclaycard. Of course, there are thousands of issuers around the world, including local banks, credit unions and other financial institutions.
How to choose the appropriate credit card for yourself? Firstly, you should decide what, is important for you. If you do not want to pay too many fees, please make sure you know whether the card has any annual fees, late fees, over-limit fees, loyalty fees, etc.
You should also try to improve your credit score, in order to pay lower Annual Percentage Rate (known as APR). In general, APR says how much you will be charged for carrying a balance on your credit card. If you carry a balance of $1000 for a year, and your interest rate is 15%, then you will be charged $150. These rates vary based on your credit score. The better your personal credit score, then usually the lower is your credit card interest rate offered by the issuer.
Best Financial Directory has intention to list below, the quality web-sites that offer personal credit cards and consumer information for visitors.
Personal Credit Cards Featured Listings
Personal Credit Cards Regular Listings
The rewards credit cards are popular amongst customers.
This include NFL extra points credit card shown above that offer no annual fee.
In addition, you can earn points per $1 spent on NFL or team purchases in-stadium and per $1 on all other purchases.
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