Credit Card Quick

An Overview of some of the Best 0% Credit Cards

Credit Card Rewards

We love 0% interest credit cards and it’s been great seeing their return to the credit card marketplace following a couple years of super-tight lending standards.

If you want a 0% interest credit card and you have the credit history to earn one, then you owe it to yourself to check out some of these credit cards:

• Citi Platinum Select Mastercard – This is the no-frills credit card you’ve been searching for. If you have flawless credit and you simply want a great credit card with a 0% interest rate then you need to check out the Citi Platinum Select Mastercard. Don’t expect rewards, airline miles or rebates with this card, though; you can, however, expect a 0% interest rate for a full year on all your purchases. In addition, expect an 18-mont, 0% interest balance transfer offer, as well. However, expect to pay a 4 percent service fee for doing so.
• Capital One VentureOne Rewards – Capital One isn’t giving their VentureOne Rewards credit cards out freely, but if you have the credit history to back you, then you can enjoy this prime credit card. The VentureOne Rewards credit card offers flexible travel rewards and loads of bonus opportunities. In addition, Capital One doesn’t charge foreign transaction fees, thereby luring in many travelers. The 0% promotional rate for this card runs between nine to 12 months.
• Chase Slate – Chase’s Slate credit card offers a 0% balance transfer offer, along with a 3 percent service fee. In addition, this card offers 0% interest on purchases for 12 months.
• Citi Diamond Preferred – The Citi Diamond Preferred credit card offers just about everything for the consumer with excellent credit. From bonus points and a great rewards program to a 0% interest on balance transfers (along with a 3 percent service fee), Citi Diamond Preferred is a great choice. In addition, this card offers an incredibly low “prime plus” interest rate beyond its promotional period.

The Top Three Reasons why Credit Card Balances Spin out of Control, And What You can do to Stop it

Credit Repair

You thought you had a good grip on your credit card usage. But then, before you knew it, you were staring at a maxed out credit card and no way of paying it. What happened?

For many of us, spending on our credit cards is not a well thought out decision. We spend – often carelessly – and simply assume that we will pay the bill at some later point in time. However, when that time comes, we often find ourselves short on money and in deep with credit card balances.

Don’t let yourself become yet another credit card statistic. Instead, make it a point to become more aware of your spending so that you don’t find yourself in over your head in credit card debt.

Here are the top three reasons why our credit card balances spin out of control:

1. We don’t pay close attention to our credit card statements – The next time your credit card statement arrives, make it a point to take the time to carefully read the statement. It is much easier to ignore the mounting charges when you simply tear it open and write a check for the minimum payment amount. Simply becoming more aware of your spending can turn your shopping habits around.
2. We fool ourselves into thinking we’ll pay it off soon – Did you ever charge something expensive and fool yourself into thinking that, although you don’t have the money now, you’ll pay it off down the road? For most of us, counting on future income is the wrong move to make. Don’t bet on future earnings to pay off your credit card balances because, chances are, you will be faced with other expenses that must be met and your credit card balances will be left neglected.
3. We carelessly spend – It is common knowledge that people simply spend much more when they have a credit card in their hands. The allure of buying what you want and not dealing with the payment now is very attractive to many people. If you find yourself carelessly spending on your credit card, make a list before you leave the house and stick to it. Also, take a moment before checking out and consider whether you really need to purchase that particular item. Just a few minutes and a little thought can save you from overspending.