Christmas Credit Card |
What's the Best Credit Card for Christmas Shopping?
Financial implications of Christmas spending are a big issue for many of us. Those who rely on cash and have a special budget worked out in advance are relatively safe. Those who use a credit card for daily purchases cannot but take its advantages to finance Christmas gifts during the holiday spending season.
And it is often the rule with cardholders that they think of their payment obligations only after they rack up loads of debts. Many end up trapped in January, when the bill comes in and strikes by its huge numbers. With the rising credit costs and festive period coming nearer, we wonder how we can save rather than overspend and get in debt. There are two principle ways to do it this holiday season.
One is through saving on low card costs, or teaser interest rates. The great news on the eve of Christmas, 2008 is the launch of special Christmas credit card offers with 0% intro rates on purchases. Some of the newer Capital One applications allow a 0% intro period until October, 2009 which means you have up to 10 months to pay off Christmas presents for free. That's a great chance to save for those who already have such a card in their wallet. Those who don't might apply online and receive a 0% Capital One credit card in January - the right time to clear the consequences of impetuous Christmas spending. Find a special Capital One offer with 0% intro APR on balance transfers and apply online if you know you'll have to deal with Christmas debt after all.
The other way is to make use of credit card rewards, points or gift certificates earned during this year. This Christmas it is the right and best time to put the rewards work for your holiday budget. If you've been accumulating reward points throughout the year, waiting for the appropriate moment to redeem, do it now and redeem them for free merchandise or gift cards for your relatives and friends. With American Express Blue or Preferred Rewards Gold cards, you can redeem the points for high value gift cards and use them as presents or buy presents on them without taking cash out of your pocket. Christmas is also a good time to save the value of gift cards - many of them charge maintenance fee if you keep them unused for over a year.
If you're trying to achieve the greatest number of reward points to redeem them for something really valuable, use the remaining few days to pick them up at rewards partners. Participating retailers such as Target, usually offer extra points for purchases made with affiliated credit card.
Frequent flyer cardholders may also benefit from miles rewards this Christmas holiday. If you haven't collected enough miles for a free ticket, you can use them to buy merchandise and offer it to someone as a Christmas present.
Credit card companies offer unforgettable Christmas shopping this year. If you want to save while preparing something special for your close people, see how rewards programs and introductory rates can benefit you. With the tight economy and higher living costs, Christmas is certainly not the time to end in debt.
More® Card
- 0% Intro APR on Purchases and Balance Transfers.
- No Annual Fee.
- 5% Cashback Bonus® in categories like GAS, Travel, Groceries and many more.*
More® Card - Wildlife Collection
- 0% Intro APR on Purchases and Balance Transfers.
- No Annual Fee.
- 5% Cashback Bonus®.*
More® Card - American Flag
- 0% Intro APR on Purchases and Balance Transfers.
- No Annual Fee.
- 5% Cashback Bonus® in categories like GAS, Travel, Groceries and many more.*
Credit Cards eZine
For the past few years, college campuses have been a very promising market for banks and credit companies. There has been a lot of talk about the pros and cons of student credit card applications. While some people believe that student credit deals are nothing but a dangerous financial weapon, the others consider credit cards for students as the integral part of financial freedom. Anyway, credit deals for students were readily available in the recent years, but things have changed greatly. And now in tough economic times, youth folks may find it more difficult to get access to credit. So, the question becomes: how to apply for a student credit card in difficult economic times?
Click here to read more...All through our lives, we move from one stage to another, and just like that we move from no credit to excellent scores in hopes of getting low interest rates and deals with good terms. When beginners apply for their first credit card, they want to get access to credit and build a solid payment history that will let them borrow money on favorable terms. But even if your FICO is almost perfect, it doesn't mean that you can sit back and relax. Good credit requires much work to be done and if you have good scores, you should know how to manage your credit responsibly without getting far into debt. Read more tips on how to maintain your good credit rating.
Click here to read more...When choosing between numerous credit card applications, we want to get the most of our new card. Even though there’s no card that is right for everyone, many credit offers present some tempting features designed to entice you to submit your application online. Whether it’s a large amount of complimentary bonus rewards points or zero interest rates for a certain period of time, you may be enticed to apply for the product that doesn’t fit your individual needs. The question is, how to choose the card that is right for you? Read more about the terms and conditions you should look at when selecting the best credit card.
Click here to read more...
