Prepaid Credit Cards - What Are Your Options? by Benjamin Wise

Prepaid credit cards are in demand as the Internet marketplace continues to explode. Though their popularity is new, it is really a new spin on an old idea. They used to be called secured credit cards. Banks offered them to new customers with little or no credit history.

Today, major credit card companies have pickup on the idea and turned it into a useful financial tool. Think of the card as a plastic gift certificate. You decide the credit limit at the time of purchase.

It is accepted anywhere the card logo is displayed: It provides security from identity theft. Prepaid credit cards are easy to purchase and can be found at most grocery stores and large retail stores. H&R Block offers to deposit your tax refund on their prepaid credit card in leu of a paper check.

Cards are reloadable by directly purchasing credit at a merchant or online. Others offer a direct deposit feature. This feature allows you to forward your payroll to your credit card. Online support comes with most credit cards. The account ledger sheet, bill pay reminder and purchase organizer are now standard.

Convenience does have its price. Check the fee schedule very closely. If you have to call the company, automated services are free but a fee is charged to talk with a representative. Monthly service fees begin after 90 days. Be cautious of ATM machines. Not all machines have the same fees.

Though a prepaid credit card does not carry all the features of a regular credit card, it does allow anyone to participate in today's global economy.

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Online Approval Credit Cards by Robert Diarioti

Online approval credit cards can be both beneficial and detrimental; there are just things you need to keep in mind while applying for these types of credit cards. The great benefits of online approval credit cards however, are plentiful. For instance, you don't have to wait weeks for them to get through the mail, reviewed, back through the mail and to you. It's a simple few step process that a lot of people prefer over the time consuming office meetings and paperwork and your results most often are incredibly speedy.

While most credit cards do accept the best credited people primarily and first it is not a rule anywhere, so even if you don't think you'll make the cut apply anyway. Through online approval credit cards there's less hassle and humiliation to face for you so that the process is done quick and painless like a shot at the doctors office.

Bear in mind that most online approval credit cards are in it with one goal in mind, to woo you. So don't be easily persuaded with flashy offers and such, it's a waste of time and possibly even money. When you shop sensibly and with specific goals and attributes in mind you will come out on top.

Another important thing to keep in the back of your mind is this; you should only apply for one credit card. Why, you ask? Because, applying for too many just because they all seem appealing to you can harm your credit since you will appear desperately in need of credit and out applying for online approval credit cards only to raise your credit, which doesn't reflect well on your credit report at all.

Once you get a credit card just keep reminding yourself how crucial it is to make those payments on time and try making more than the minimum payment. Making late payments or failing to pay your credit will reflect poorly on your rating and that is not something you want to get caught up in. So keep this in mind while using the credit card as well, always ask yourself if you can afford this. Simply because you got an online approval credit card does not mean that you are invincible and can take on any financial burden approaching you.

So when checking into online approval credit cards keep all of these things in mind as you don't want to make a big mistake and ruin your credit history over a whim. Try always to make payments on time and in full and don't let yourself ever fall too behind with these payments, which leads me to say do not bite off more then you can chew. It is imperative that you only take on what you can handle and not become overwhelmed with debt and problems so keep your payments high, your spending low, and your brain in tune when making all decisions that have to do with your credit card, online approval credit cards or not.

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How to Choose the Right Credit Card by Benjamin Wise

Many customers, especially first time customers of credit cards are unsure what the right choices are. Many wonder how to choose the right credit card? There are many types of credit cards, all with different interest rates, different rewards and different annual fees - so, which one is the right one for you?

A secured credit card requires a deposit be placed on the account before the limit is approved. This deposit is equal to or less than the credit limit which is on the account. After credit becomes sufficient with the company or the account is closed and transferred to an unsecured credit card than the deposit is applied to the account, or returned to the consumer. A secured credit card is right for those with no credit, bad credit history or those new to the country.

A rewards credit card allows the user to earn rewards for purchases and cash advances that the credit card is used for. Anything from rewards to your favorite retail store, to travel rewards are available on a variety of credit cards.

These cards are for people that like to earn something extra for the money they spend on a daily best. Remember, the most rewards will be accumulated through monthly payment and use of the credit card.

Low interest credit cards are offered at introductory rates to customers wishing to complete balance transfers. Often, the lower interest will save the customer money so long as the credit is paid within the time period.

The no or low interest limits expire after six to nine months, or if any monthly payments are missed. These are a great way to save money, and pay debt quickly.

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