Extra Fee For Additional Security

The Virgin High Flier card was designed with security in mind, most likely in response to frequent reports of credit card scams and identity theft.  This product definitely demonstrates that the lender knows exactly how to keep financial information secure. The High Flier card offers the very best security to protect credit card users 24/7.

Credit cards are constantly touted as a safe payment alternative to other forms of payment, and this is still the case. Unfortunately, each month thousands of card users fall victim to credit card fraud and theft. With the High Flier card, users can feel confident and secure about the security features which are provided. Each credit card is equipped with the most advanced information chip and PIN technology is also provided for additional protection. If a card was to be lost, damaged or stolen, cardholders could contact a customer service representative any time of day and any day of the week, and a replacement card will be promptly sent.

The fraud shield system watches for any suspicious transactions and if any do occur, the card will be temporarily suspended while the customer is notified. Enhanced online security is applied to every online purchase, to assure every transaction is secure. Furthermore, the card is backed by Visa’s zero liability guarantees, which means borrowers will not be financially liable for any fraudulent charges.

Understandably, shoppers will not sign up for a credit card simply for it security features, regardless of how substantial they are. To attract customers Virgin offers 1.25 velocity reward points for every dollar spent. Frequent shoppers can rack up endless points, as there is no rewards cap.

Cardholders can also get up to four free flights a year on Virgin Blue, plus complementary travel insurance for each ticket purchased with the credit card. The credit card also serves to assist shoppers escape credit card debt. Customers are offered 6.9% per annum for the first 6 months, when they transfer their debt balance from another card. Thereafter, the standard purchase rate reverts to 20.99%, which is the same rate applied to cash advances.

For a relatively steep annual fee of $249 per annum, card users benefit from one of the securest cards on the market and have the opportunity to getaway on multiple free flights each year with the protection of travellers insurance.

Perks of Annual Fee Business Credit Cards

The rewards and benefits of a business annual fee (or reward) credit card is similar to a personal annual fee card. The business has access to a 24/7 concierge service, gift cards, complimentary domestic and international flights, shopping vouchers, food, entertainment, and even tickets to theme parks and day long spas. One of the best aspects of business reward cards is showering clients with gifts from the rewards program, such as spa visits and bottles of wine, or even vacations for the most valued clients.

Business cards generally cost the same as personal cards. For instance, the CitiBusiness credit card offers a rate of 21.49% on purchases and cash advances, 2.9% on balance transfers for six months and a $149 annual fee. The major difference between personal and business cards is the credit limit: the CitiBusiness card has a limit of $60,000 that far exceeds the average limit on a standard personal credit card. With CitiBusines cards, businesses earn 1.25 points for every dollar spent, which can easily add up with business expenditures.

If companies decide not to shower clients with rewards, they can always be used to reward employees and boost workforce morale or used to save money on travel and other expenses. With annual fee business credit cards, the possibilities are endless.

Low Annual Fee Platinum Credit Card

The platinum low interest rate credit card costs users a mere $89 per month and charges a meagre 15.99% p.a. interest after a 55-day interest free period, one of the lowest interest rates associated with any platinum credit card. The card does charge a slightly higher 21.49% p.a. on cash advances and 3.99% p.a. on balance transfers for six months before the costs revert to the purchase rate. Read the rest of this entry »

What is a low activity charge?

A low activity charge is a charge that can be charged to card holders who do not have the required amount of transactions on the card in any given month.  It can be quite common on low and no annual fee credit cards.
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