Credit Cards

Q: What are some of the charges on credit cards? A: Some of the most common fees credit cards might charge you for are reward redemption fees, foreign transaction fees, reward recovery fees, activity fees, payment protection fees, and paper statement fees.

Q: What are the different interest rates, APR, late fees, and over charge on credit cards? A: Depending on the credit card you apply for all of the interest rates, APR, late fees, and over charges vary from credit card to credit card. All you have to do is read them carefully before you apply to one and compare and contrast all your different options and chose the best one that best fits your needs and won't hurt you. 

Q: How do you apply for a credit card? A: When you apply for a credit card you want to pick the best one that fits your budget. once you have chosen the one you want you have to apply to it. Follow all the steps into filling out the application. Make sure you understand the agreements, also make sure to make a copy for yourself for future references. Once done mail back to the credit card company and wait for approval.

Q: What are the pros and cons of owning a credit card? Some of the cons of owning a credit card are, it cost more if unpaid balance is not paid monthly, ties up future income, tempts one to overspend, reduces comparison shopping if you only shop in one store extending credit, decreases future buying powers. There are also some pros to a credit card like earlier consumption, use of goods while paying for them, convenience, in case of emergencies, establishes good credit history, good source of identification.

Q: What are three tips every person should know about credit cards? Some good tips for your first credit card would be to not go over the limit, set a budget, pay on time, and always pay in full. 
" How To Chose The Best Credit Card For You" article

"Campus Credit Cards" Video