Are Reward Cards Great For Everybody?

Credit card reward programs permit card users to earn reward points every time they make purchases with their card. A number of special offers award points upon the activation of a card often with additional points available on select purchases. Read the rest of this entry »

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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Match Your No Annual Fee Card to Your Spending Habits

When it comes to choosing credit cards, the big ‘X factor’ that prevents anybody honestly saying that ‘this is the best credit card’ is a person’s spending habits. For example, the value that a single credit card offers to a person who only spends in emergencies, but is very slow to pay off the balance, compared to a person who puts all their everyday spending on the credit card but pays off the entire balance every month, will be very different. Today we check out the no annual fee credit card that will suit you, according to your spending habits! Read the rest of this entry »