Business Finance Credit Card Credit Repair

No Balance Transfer Fee Credit Card

If you are looking for an interest free credit card, one that provides transfer options of balances from other credit cards with higher interest rates but you also want a card without fees, then a no balance transfer fee credit card is the perfect choice. A credit card such as this is designed so you can enjoy the low interest rate throughout what is called an introductory period. Although the low interest during this period is a promotional strategy that benefits the company, it also benefits consumers.

There are no balance transfer services provided with the choosing of the Best Credit Repair to have the desired results. The availability of the best items is possible with transferring of the money possible. The meeting of the needs and requirements is possible for the people. 

In most cases, a no balance transfer fee credit card targets two groups of people – new cardholders and people with excellent credit. After all, today more than ever before, banks and credit card companies are in tough competition for business. Therefore, the better and more flexible products and services they provide the greater chance people will transfer balances from another company’s card to the new card while also saving significant money.

Numerous studies have been conducted to determine whether these companies actually make money with a no balance transfer fee credit card and the results show that 88% of them do. While most credit card companies are upfront about the amenities of the cards they offer to include fees, it is imperative you do your own homework so the right card for your needs is chosen.

You definitely need to read the fine print since information about fees is easy to hide. Even reputable companies can be a little sneaky when it comes to fees. It is estimated that 25% of credit card companies charge transfer fees so you need to understand this prior to choosing the card and know wording to look for as you go through the information. We all know that reading the fine print for terms of a no balance transfer fee credit card is no fun but it is necessary.

Typically, the purpose in choosing a no balance transfer fee credit card is to reduce debt and fast. With a card such as this, more of the money you pay monthly toward the balance would actually go toward the principle balance and not the interest. Even though the average fee for transferring money is 4%, if the balance being transferred is high, this could quickly add up. Therefore, a no balance transfer fee credit card would allow you to complete a smooth transaction without spending a dime.

Business Credit Card Finance Guide Money

Tips To Prevent Credit Card And Identiy Theft

70 plus million people this year will have their identity compromised. Credit card and identity theft is actually one of the fastest growing crimes in our country. Every month people open their credit card bills and bank statements to find fraudulent activity. There are a number of things you can do to protect yourself. By following the tips in this article, you can hopefully protect yourself from becoming a statistic.

You can check news related to the credit cards to stop being stolen. The identification of the theft is possible with fewer efforts and tome spending. There is complete protection available to the people. The collection of the information is beneficial for the users.

Always keep track of your credit card and bank cards. Know where they are at all times. Only carry cards with you that you use often. Leave other cards in a safe place at home.

Always get a receipt and immediately double check it. Verify that the receipt is correct and nothing has been added to it. Only give out your credit card information to reputable companies. Never give your credit card information to someone over the phone unless you were the one to make the call and you are absolutely certain the company you are dealing with is legitimate. Beware of phone call scams where people will try to get you to give them your credit card number over the phone for some type of verification.

As soon as you receive your bank and credit card statements each month open them and carefully look them over. If there is any suspicious activity call the company immediately to report the fraudulent charges. Almost all credit card companies have 24 hour phone lines so that you can report card emergencies any time day or night.

Shred your bank statements and credit card statements; never just toss them in the trash. Do the same thing with your credit card receipts.

Never share your personal information at on-line social networks, like Facebook for example. Identity thieves look for information they can use like your address, place of birth, etc.

If you receive credit card applications in the mail that you are not going to use, shred them immediately. Identity thieves can take the applications, and with the right information may be able to apply for and get a card in your name without you knowing it.

Never write down your pin number and keep it anywhere near you credit or debit card. Some people will write their pin number right on the card or keep it on a piece of paper in their wallet. This is obviously a big no no.

As soon as you get a new card sign it. If it is replacing an existing card, shred the old one immediately.

Don’t ever let anyone borrow your credit cards, even someone you really trust. You never know what could happen.

Be careful when using atm machines. Make sure you are using a legitimate machine and be careful of lurkers that could be trying to get your information. Make sure you are aware of your surrounding and use your body to cover as you type in your pin number and are accessing your bank information.

If you are planning to move, be sure to notify your credit card company, preferably before you move.

Unless you use them, call and ask your credit card company to not send you blank checks in the mail. These can easily be stolen by identity thieves.

If you do suspect that you are a victim of credit card or identity theft, know your rights. US law protects consumers, and once you have reported to your credit card company of loss or theft of your card, you are not responsible for any unauthorized charges. Under federal law you are only liable up to $50.00 for each card. Most credit card companies work with their customers who have had compromised accounts and will not even charge them the $50.00 the law allows them to.