Best Credit Cards for You!

If you’re 18 or older, odds are you’ve received at least one student credit card offer in the mail. Often times, the bright colors on the packaging and awesome-sounding introductory APR can blind us to the fact that maybe it isn’t exactly what we’re looking for in a credit card or that we don’t need credit at this very moment.

The easy way to know if you are ready for a credit card is whether or not you’re responsible with other accounts such as a debit card linked to a checking account. Have you ever gotten overdraft fees from a spending spree? If so, you probably couldn’t handle a credit card — just being honest.

However, if you must have a card or need one for purchases like college textbooks or supplies, here are some good rules of thumb for sorting through credit offers:

1.

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Tags: Card, Credit Card, Student Credit, Student Credit Card

There are many different things that consumers need to look at these days when looking for a suitable credit card, and this includes finding the best credit card rates if you plan to repay the balance on a gradual basis rather than paying it in full each month. The easiest way to find the most suitable and affordable credit cards is to compare and look for credit cards online, which is a method that offers convenience, speed, and choice.

With so many different credit cards on the market these days the features that you will need to look for in a card will really depend on the way in which you use the card as well as the way in which you make repayments on the balance. Different people have different habits when it comes to credit card use, and it is these habits that will determine which is the most suitable card and what to look for in a credit card.

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Tags: Best Credit, Best Credit Card, Card, Credit Card

Banking facilties for farmers are going to see a facelift. It is most likely that both small and big farmers will get plastic smart cards. These cards can also be used in ATMs, POS terminals for withdrawing cash as well as making payments.

Indian Banks’ Association has been asked by the finance ministry to design a plan in this regard which can convert more than 53 lakh kisan credit cards in circulation to smart cards. The cards can then be used as normal credit cards.

Kisan credit cards refer to the conventional passbooks which are issued to the customer by public sector banks having all loan details on which credit and debit entries are regularly updated.

“We have asked IBA to look into the issue of converting KCCs into technology-enabled smart cards that would facilitate easier banking transactions by the farming community whether through ATMs, merchant outlets or banking correspondents in villages,” a finance ministry official said.

All security features also need to be incorporated in these smart cards so that they dont get misused by anybody.

“This is an issue that needs to be looked into.

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Tags: Cards, Smart Cards

Have you heard about how you can unlock your car by having someone transmit a signal from a spare remote key via your cell phone? Pretty cool, huh? Well, it doesn’t work.

Keyless remotes and cell phones operate on completely different frequencies, so don’t plan on this trick ever saving the day the next time you lock your keys in the trunk.

Regardless, I’ve heard this urban myth so many times over the past few months I even started to believe it might work. That is, until I saw it busted with my own eyes on perhaps the greatest show known to mankind—Mythbusters. Seriously, I can’t get enough of the Discovery Channel.

Similarly, we all know there are plenty of credit-scoring myths out there that spread like wildfire. Who knows where they start, but they too tend to gain incredible momentum as they spread via email forwards and conversations around the water cooler.

Here’s one I’ve received several emails about lately.

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The severe cold calls by banks to customers for pushing credit cards , it always seemed evident to analysts that the market for credit card would continue to grow in India.

But recent data released by Reserve Bank of India says a different story altogether. The data shows that the usage of credit cards has shown a decline in the country.

Moreover, the usage of credit card is not only declining but plastic money is also underutilized in India.

” Debit cards have had a slow start and their growth only took off in the last three years. On the other hand, credit cards grew faster since inception, with the growth turning negative in the latest year,” noted IIT- Bombay faculty Ashish Das, who authored a paper ‘Cashless payment system in India A roadmap’.

From the year 2005 to 2008, there was a surge in the credit card business in India.

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Tags: Credit Card, India