Why You Should Not Max out your Credit Card

Do you usually max out your credit card? When you get your credit card, the card issuer may not tell you directly not to max out your credit card. It is your responsibility to learn how to use your credit card responsibly. Unfortunately, some cardholders don’t even know what it means to max out credit card. At what point will you be considered to have maxed out your credit card? Well, before you can determine whether you are maxing out your credit card, you need to know your credit limit. When you are issued a credit card, your card issuer Continue ReadingWhy You Should Not Max out your Credit Card

Who Needs No Foreign Transaction Fee Credit Cards?

Benefits of No Foreign Transaction Fee Credit Cards There are certain cards that are classified as no foreign transaction fee credit cards. They are classified such way as you don’t need to pay any fee for using the card outside United States or outside your country if you are non-US cardholder. The usual thing is that, when you use your regular credit card outside US, you are charged a fee for converting your dollar into the currency of that country. However, this time around, you don’t need to make any foreign exchange by yourself. The conversion will be done automatically. Continue ReadingWho Needs No Foreign Transaction Fee Credit Cards?

Benefits of 0 Interest Credit Cards Explained

Do 0 interest credit cards exist? Of course, there are credit cards that allow you to make purchase without you having to pay interest on the card balance. If you are new to credit cards, this may sound unbelievable. I want you to clear your doubt as zero interest credit cards actually exist. What most people know about credit cards is high apr or interest rates. Well, that may be for the regular credit cards or credit cards for people with bad credit. Regular credit card companies will issue you a card so that you can use it to make Continue ReadingBenefits of 0 Interest Credit Cards Explained