Types of Credit Cards

Credit cards for teens

Credit cards for teens

Types of Credit Cards
Credit cards  for teens and advantages are aimed at minors are not without their advantages. Parents, card companies, and teen themselves point out that credit cards aimed specifically at high-school aged children offer: Safety Many parents like the idea of teens having cards that can be used in an emergency. Teens can easily use the cards to get a taxi home or to get help if a car breaks down Convenience Teens can use the card anywhere credit cards are used, meaning that they can enjoy the same spending experience as adults. Money Control Credit cards leave a paper trail that can help teens – and their parents – review purchases and spending habits. This can help teens learn about budgeting. Learning Tools Credit cards designed for teens can be a fairly low-risk way for te
Virtual credit cards and its purpose

Virtual credit cards and its purpose

Types of Credit Cards
Virtual credit cards are becoming popular for some users who want to reserve the cards for exclusive online use. Others seek to control their personal purchases by opting for a special kind of virtual credit card - reloadable. In either case, virtual credit cards are attracting more attention around the world and interested parties have many questions about this new financial tool. What Is A Virtual Credit Card? A virtual credit card works like a "real" card. The only difference is that users never get to hold an actual card in their hands. Instead, they receive a card number and authentication code. This information, used with the traditional name, address, and so forth, is really all the user needs to complete a purchase with the virtual card. There are two basic types of virtual credi...
Cash Back Credit Card – Features

Cash Back Credit Card – Features

Types of Credit Cards
Cash back credit card has many features .Hearing the name itself many people find this type of credit card attractive. This article provides you with valuable information in relation to the following: What is the principle behind cash back credit card? What are the major features of cash back credit cards? What are the pros and cons of cash back credit cards? Cash back credit cards sound pretty attractive to almost all credit card users. After all, what credit card customer doesn't like the idea of getting money back from their credit card company? Before you rush out to get a cash back card, though, you will want to step back and consider all the features, disadvantages, and advantages of these types of credit cards. It is only by doing so that you will know whether these cards ar...
Visa Credit Card – What you should know ?

Visa Credit Card – What you should know ?

Types of Credit Cards
Most consumers have heard the name Visa and used a Visa credit card number at one time or another. A Visa credit card application is an entry to doing business with the world's most used card, so universally accepted in fact that a Visa card has almost become the new common currency. Today, more than 150 countries accept Visa credit card payments, an impressive record for a credit card first issued under the name   in 1958 by the then California-based Bank of America. In 1976 the card's name was changed to Visa and a financial legend was born. Types of Visa Credit Cards The Visa Credit Card Company offers a variety of credit cards, debit cards and prepaid Visa credit cards including personal, corporate, purchasing, and business accounts. With specially tailored Visa business credit cards a
Prepaid Credit Cards – Pros and Cons

Prepaid Credit Cards – Pros and Cons

Types of Credit Cards
Prepaid credit cards or junior credit cards can be effectively used for purchasing, but they cannot be treated as credit cards as it is not possible to avail credit by using these cards. This article tells you in detail about the following What are prepaid credit cards and what is the principle behind it? What are the benefits of these cards? What are the major drawbacks of these cards? Prepaid credit cards are also known as debit cards or sometimes as junior credit cards. This type of credit card offers many of the shopping advantages of regular credit cards. However, it is not truly a credit card because you cannot get credit. Instead, this type of credit card only allows you to spend money that you have placed on an account. How Do Prepaid Debit-Style Credit Cards Work? When you...
Be A Credible Student With A Student Credit Card

Be A Credible Student With A Student Credit Card

Types of Credit Cards
Credit card companies are always eager to encourage students to use credit cards. There is no harm in allowing students to use credit cards, if used properly. This article covers the following topics regarding student credit cards What are the points to be considered before going in for student credit cards? What has to be done to find out best student credit cards? What are the tips for using student credit cards effectively? Student credit cards are especially designed for use by college and university students. Credit card companies hope to encourage college and university students to set up credit card accounts and so they create special credit cards for students in order to encourage this new group of customers. Also, since students tend to be younger customers, they tend to h...
Unsecured Credit Cards – why and why not?

Unsecured Credit Cards – why and why not?

Types of Credit Cards
Unsecured credit cards can be treated as the most commonly used credit cards. When compared to a secured credit card this card carries lower fees and usage limitations. The topics that are explained in this article are as follows How unsecured credit cards can be applied for? What are the pre-requisites for getting an unsecured credit card? What are the tips that help in using these cards? If you are not sure what type of credit card you have, chances are that you have an unsecured credit card. This is by far the most common type of credit card for most customers, as it generally carries fewer fees and limitations than a secured card. Quite simply, unsecured credit cards are simply credit cards that do not use collateral. In general, you need to have a good credit rating to apply f...

Secured Credit Cards – The Best Way To Re-Establish Your card

Types of Credit Cards
          This article guides you through all aspects of secured credit cards. The article contains in depth information about the collateral that has to be offered for getting such cards. In addition to this the article explains the following: What is the principle behind secured credit cards? What are the drawbacks ? How can secured credit cards be obtained? How to use  effectively? When you shop around for the right credit card for you, you will quickly notice that there are many types of credit cards. There are special cards for students, for seniors, and for frequent travelers. You may also notice that there is a special type of card called a secure credit card. Perhaps you have already wondered what this term means. How Se