Tricks to play credit cards the right way - Other News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Other » Tricks to play credit cards the right way

Tricks to play credit cards the right way

Tricks to play credit cards the right way
The content is accurate at the time of publication and is subject to change.

The promotional rates on credit cards could be very low with as there are many credit cards companies offering 0% balance transfers at this very moment. However, card holders might find their applications rejected or worse, find themselves being charged by hidden fees in the scenario where their cards are not used as expected. There are some tips though which credit card customers need to follow to ensure that they don’t receive these charges.


If customers have a bad credit history they need to be realistic in not applying to many different credit cards. Customers who have a large outstanding debt or who have missed several monthly payments should be applying for the best interest free cards. This is because such cards aren’t approved for those with a bad credit rating and this rejection will only add up on the credit file further reducing the credit score of the individual. This could also restrict future attempts at getting credit.


However, this is not to discourage bad credit customers because there are online smart search tools that can help them find the best rates available for various credit cards without even having to provide personal details. This allows customers to find out the best terms on credit cards on offer for their credit history and then apply allowing them to narrow down their search and applying only for those credit cards where they have a good chance of being approved. Basically, this tool helps to tailor the search for the best credit cards applicable for every customer, more so for those with a bad credit history.


Another important thing for customers to remember is to make monthly payments on time. Missing the monthly payments would lead to high penalties which add up on the overall credit card debt of the customer. A sensible thing to do would be to set up an automatic debit, so that a minimum monthly payment is always made. This way even if you forget making the monthly payments you wouldn’t be slapped with heavy fines. Another good idea is to work out a plan with the credit card issuer to come to a minimum payment every month to get rid of the card debt. Utilizing this method you wouldn’t have to worry about huge interests accumulating on the credit card debt. Making the monthly payments on time and a bit extra will help to improve credit score.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

The Newly Revamped Hawaiian Airlines World Elite MasterCard

Posted: July 20, 2018

Vacationing in Hawaii can be a dream for many, and those with the recently upgraded Hawaiian Airlines World Elite MasterCard and Hawaiian Airlines Business MasterCard can earn miles towards a trip quicker with the cards newly revamped ... Continue reading
Getting Cash Back When Flying With Aerolineas Argentinas

Posted: July 19, 2018

There is a new Amex Offer on the table for people who are thinking about flying with Aerolineas Argentinas, giving them $100 in cash back when booking flights with the airline. To get the deal, travelers must spend $500 or more. Continue reading
American Express Cardholders Get Free Amazon Prime

Posted: July 18, 2018

If you have an American Express credit card you may find a special offer in your inbox, one letting you take Amazon Prime for a test drive for free for three months. This offer is available until July 23rd, 2018, or until 160,000 people ... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 15.74% - 25.74% based on your creditworthiness*
For Excellent, Good Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!