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Credit Card equates to convenience, emergency protection,and security Credit Card gets you back on your feet when you are staggering financially! This plastic card does wonder to your morale, it lets you buy, and it lets you have cash and rewards for using it, a simple transaction happens between the card user and the card issuer, every time you use the card. A card swipe usage obtains goods, service for a stipulated credit limit without having to pay in cash. The supplier is later paid by the card company, periodically reimbursed by the card holder. The catch is that the card company charges an additional amount towards interest at the end of the credit period. Non payments and late payments are legally charged extra interest fees.

Credit card is a financial arrangement where you borrow money from a lender and pay it back in the near future, at the set terms, pre-decided payment schedules, the minimum payment, levied interest of rate you not only pay the borrowed amount, but also an extra towards rate of interest. These repeated valid transactions shape into credit score forming. The card numbers prefix, Bank Identification Number abbreviated to BIN the digits at the beginning of the number determines the bank to which the credit card number belongs. The first six digits are for MasterCard and Visa Cards, followed by the individual account number and the final digit is a validity check code.

Credit Card’s three-some power-
Convenience: The card lets you buy anything without paying cash, ideal when you are not carrying cash around. A swipe and it is done. The period of paying back is about 45 days a monthly credit cycle. There are no extra charges if you pay within the period. Sounds easy! Everybody lands up paying more, (borrowed amount plus interest). This is the most inconvenient part of it.
Emergency Protection: The card comes handy when one is stranded, stuck with medical bills or auto repairs fees etc. It saves a situation!
Security: Protection from thefts or loss. You can right away cancel the account, and obtain a new card without losing any money.

Credit Card’s whole-some rewards-
Cash Back Programs: The card earns you small percentage money on every purchase in the form of cash backs, subject to conditions.
Points for purchase: The card earns you points on purchases you make. As the points accumulate, you then redeem your points to shop at the company authorized select shops. Redeemed point is like cash, you need to keep an eye on the validity or else it will soon be rendered useless.
Discount Plans: The cards can be used at gas stations where discounts are offered, though you make small savings, it protects you from gas price hikes. tank-fulls of gas can fetch more savings per gallon.
Travel and flight perks: Usage of the card earns you airline points, hotel accommodation points, redeemed on accumulation at travel outlets, hotels, on air bookings.
ATM: Avail instant cash withdrawal against the credit limits.

Credit Card-Never be without one.

 
 
 
*See the online application for details about terms and conditions Every reasonable effort has been made to maintain accurate information. However all credit card information is presented without warranty. When you click on the offer you desire you will have an opportunity to review the credit card terms and conditions on the credit card issuer's web site.
 
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