Balancing The Benefits Of Reward Programs Against Credit Card Costs
0 APR credit card APR, cash back and optional rewards etc. are several reasons for any one to opt for a good credit card. They are also a useful and a smart way to meet ones financial needs. Most of the credit card companies offer most attractive features to lure their customers.
These credit card companies offer 0 APR credit card for several reasons and in several manners. Many cards offer 0 APR credit card for first six months and after the introductory period is over the regular APR is applicable on any purchases made through the cards. This offer for regular period ranges from 12.49% to 15.99% on such a 0 APR credit card.
Credit companies offering a student credit card offer a 0 APR credit card. Most of the 0 APR credit card offer applies to the student credit card on all purchases, cash advances and balance transfers as long as the student does not default under the card agreement. The 0 APR credit card is offered usually by most reputed banks like Citibank, ABN Amro, Chase, etc. Some merchants also offer 0 APR credit card like British Airways, NorthWest Airlines, Hilton Hotels, etc.
Travel cards offered by various merchants and banks like Chase, British Airways, and etc. offer 0 APR credit card for which the introductory period of 0 APR is applicable for first twelve months. 0 APR credit card of a travel category also offers various other benefits other than 0 APR. These benefits include bonus miles, free flights, hotel stays, extra miles or bonus reward points on purchases from participating merchants. Travel 0 APR credit card are also eligible for redemption of reward points at any of the issuing banks or merchants outlet and also at any of the participating merchants.
0 APR credit card have the 0 APR period on limited to a few months. After the period is over the regular APR applicable on these cards can be fixed or variable. One must look for such a 0 APR credit card for which the regular APR period is most convenient. In a fixed APR credit card offer the finance charges are usually high but there is a bottom line for charging the finances. If the published index goes higher then the fixed APR does not change and finances charged remain the same. IN case of a variable APR after the introductory period is over on a 0 APR credit card, the finance charges are low. The existing APR is determined on the basis of published index on the basis of which the finances are calculated for the existing billing cycle.
Chase Cash Plus Rewards Visa, Discover Platinum Card, Chase Platinum, American Express Rewards Gold Card, Citi Diamond Preferred Rewards Card, The GM Card Mastercard, Discover Platinum American Flag Card, Sony Platinum Visa Card, Citi Driver s Edge Platinum Select Card etc are some of the classic examples of a 0 APR credit card.
Bank Of America Credit Cards
Most people want to apply for a credit card online and get the best deal available, including a low interest rate, a reliable credit company, and some sort of reward program like a travel credit card offers. The Bank of America credit card is a card you can trust. They are available online at http://www.bankofamerica.com, and one of the most popular travel credit card they offer is the Bank of America MilesEdge card.
This card offers a great value for a low interest rate and the best rewards you can get in travel credit card. Plus, with the Bank of America website, you can apply for a credit card online and receive it within a matter of days.
Every Bank of America credit card offers great features, including the following:
Great security and protection in the form of fraud protection. When someone uses your card to make an unusual purchase, you will not be held responsible for unauthorized charges. In addition, if any of your purchases are stolen or lost and you used the Bank of America credit card to buy them, you can report the loss within ninety days and get refunded for the purchase price charged to your travel credit card.
Online banking services at the Bank of America website ensure that using your MilesEdge card will be convenient and hassle free. You get online bill paying and viewing so that you never have to wonder what will appear on your bill this month, what interest you are being charged, or what charges have been paid for in previous months. You can check your balance and your amount due at any time. You will also receive online customer service and ways to manage your account. And if you apply for a credit card online, you can set all this up when you finish with your application.
The Bank of America customer service is another great feature. When you use your travel credit card anywhere in the world, you are assured that it will be accepted wherever you go. And no matter where you are, customer service is available to you twenty four hours a day, seven days a week. The professionals on the customer service line are there to protect you from credit card fraud and from day to day inconvenience.
Automatic payments are a great feature for many credit card users who do not want the hassle of a monthly paper bill. Each month, your payment is automatically deducted from the account that you choose, either your standard checking account or other business account. No need for stamps or handwritten checks. Plus you do not need to worry about the possibility of late payments and the fees that go along with them. If set up automatic payments for multiple credit cards, you can view your account activities all on one statement.
When you’re on the go and away from home, especially if you’re in a foreign country, having cash is a necessity. But if you’re short on funds, you can rely on your MilesEdge travel credit card from Bank of America to give you cash at ATMs worldwide.