A customer can load these general cards with his funds, and they can be used for all their purchasing needs and paying bills. Prepaid cards are more or less similar to traditional debit cards a person can use it anywhere based on his requirements. It works on the simple principle of “you load it you spend it” funds can be deposited or transferred through direct deposit, bank transfers or by visiting the nearest retailer, these depend on the services rendered by the issuer of these cards. This gives the user the peace of mind during shopping as carrying the huge sum of cash could sometimes be a risk and threat. Things to know about reloadable prepaid cards with no fees These vary from gift cards hence it should be used with utmost care during shopping. This might share all your financial detail with a bank and is usually designed for a long run. If it’s linked to your bank account,  your account number will be linked to the card else you need to provide valid documents to get one. Some of the service providers might charge you for the services rendered by them. But issuers like American Express and Green Dot do not charge customers any reloading fees if the transfers or reloading is done from the user’s bank account.

Travel credit cards or travel rewards credit cards are cards which benefit a traveler in terms of earning him free travel, achieving elite membership with airlines and hotels and similar travel-related perks when used. Though they can be used to get cash back, travel rewards cards are more effective when used to collect and redeem travel points. Travel rewards credit cards enable you to save money on airfare, stay and transportation. The more you spend, the more you benefit. Points you earn can be cashed in for sizeable discounts on airfare, and sometimes free flights altogether. Best travel reward points can be cashed in for free or reduced baggage fees. They come with attractive sign-up bonuses. Some companies offer travel credit cards that give you a bonus of 10,000 points if you purchase for a specific amount within a specific time period. Travel rewards cards are of three kinds. The first two are airline and hotel cards which are issued by a particular brand or company and get you into their loyalty membership club. They reward all kinds of spending but you can redeem your points only with them and not with any other brand. Airline credit cards have perks like priority boarding, reduced or no baggage fees, discounted or complimentary access to airport lounges, and concessions on in-flight spending.

With dozens of credit card options available online and at the banks, it is no easy task to pick one. The best card is distinguished by how much debt the user has, how and where it’s spent, travel habits, and many other things. There are some solid relevant reasons involved in choosing one. With the busy lifestyle, to analyze a valid fee, ongoing APRs, promotional offers, sign up bonuses, redemption rates, and policy is again another big task. So, here is a list of some of the best credit card analyzed for you, which work well for everyone from the small business owners to high-end shoppers. Capital One by Venture Capital One by Venture is one of the best flat-rate travel rewards. Once the user spends $3,000 on shopping within 3 months from account opening, they can enjoy the one-time bonus of 40,000 miles. That is similar to spending $400 on travel. The other attraction is that there are no foreign transaction fees, and on every purchase, one can earn 2X miles. The annual fee for the first year is $0 and later it is $59. The user can redeem points for the travel purchased through Capital One or purchase the eraser tool to redeem the miles for a statement credit.

There are hundreds of options to apply for a card (credit) online; however, just an online application does not cut it. Documents have to be submitted, which are verified and then you can apply for the credit card online. When applying for a credit card online, you will also need to tell about your income, credit score, reducing your debt, and you do not need to simply apply for the first offer that you get. However, before you apply for a card credit online, pay attention to how much you owe, your travel habits, your spending habits, etc., in case you were to fall into a financial whirlpool later. Listed below are few great credit cards you can choose to apply for Capital One Venture Rewards Card Chase Sapphire Preferred Card Citi Double Cash Card Chase Freedom Blue Cash Preferred Card from American Express Chase Slate Capital One Quicksilver One Cash Rewards Card  How to get approved for applying for a credit card online? It is the FICO scores that determine a person’s creditworthiness. After the recession, the rules to apply for a credit card online has been relaxed so much that anyone could get hold of one or more cards.

A balance transfer fee is what you are charged when you transfer the debt you owe on one credit card to another card. The biggest advantage of balance transfers is that they lower your interest rates and enable you to pay off your debts sooner. The debt from the previous card with high interest has been paid off by the current one and you pay the debt on the new one at a lower interest. However, you have to factor in the fact that, usually, balance transfers don’t come for free. You have to pay a balance transfer fee. If you are going in for a balance transfer, look for free balance transfer credit cards. There are quite a few of them. The most successful way to pay off a debt with free balance transfer credit cards is to choose one with a long 0% APR period which doesn’t charge a balance transfer fee. Some of the top free balance transfer credit cards include the following: Barclaycard Ring MasterCard: This is probably the best in the market for balance transfers. It has no balance transfer fee, no annual fees, and no foreign transaction fees. It has a 0% introductory APR rate for 15 months, one of the longest periods of time.

A debit card is an option for making payment instead of cash where the money directly gets debited immediately from the designated checking account of the user at the time of a transaction. By using some of the best debit cards, one can spend money that one would have. A debit card, therefore, becomes a good way of maintaining a disciplined financial status. Presently, it is necessary to get the best debit cards for accompanying the cashless economy of the country. There are so many options available for a customer while getting a debit card, almost every bank and credit unions have the option applying for a free debit card when a customer signs up for a checking account. Based on the following conditions, a debit card can be considered as one of the best debit cards: Debit cards with no hidden fee No ATM withdraw fee An abundance of the availability of ATMs of the debit card issuer bank The checking account from where the money goes during transactions made by the debit card with no monthly maintenance and annual fees. For the frequent travelers, a debit card can be considered as the best debit card with 0% foreigner transaction rate with no international ATM withdrawal fee.

The financial side of any venture is quite risky. Permitting your valuable customers to make purchases via credit cards itself can pose a lot of unseen risk for your business. For this, you need to search out for the perfect credit card processing service that will suit you ideally in every sense of the word as the right credit card service plays an important role in developing your business successfully. Scroll down to find some useful tips about choosing the perfect credit card processing company that provides you excellent service. Reliability : The time your credit card service people take for processing plays an important role in ensuring a smooth running of your venture. Suppose the authorization network for the card suddenly goes down, you tend to lose revenue. So keep in mind the important fact that the card service company you plan choosing has an excellent reputation as far as reliability is concerned. Although these occurrences do happen unexpectedly, enquire how these network outages can be handled so that they do not have a negative impact on your business. Simple contracts : There is no argument about the fact that you need to sign a written contract of agreement with the car processing Service Company you plan to employ.

Credit cards let you make your purchases without cash, on a credit basis with a repayment period of one month. In addition to giving you interest-free money for this period, there are several other offers and rewards you can avail along with every swipe for purchases made on your credit-card. The offers can be discounts on certain brands, goods purchased in particular stores, or cash back amounts, etc. You can also earn airline miles or credit points as a reward for travel tickets bought using the credit card etc. So, you can choose a credit card that earns airline miles and suits your needs or one that is based on the type of purchases that you make most often. If you are a frequent traveler, who spends quite a lot of money on air travel or uses rental cars during your travels, having credit scores that are either good or excellent with a minimum FICO credit score of 670. Having the financial capacity to make on-time payments of your credit card balances, then it makes more sense to opt for a credit card that earns airline miles. Not just that, staying at hotels that have a tie-up with the credit card issuer can earn bonus points with credit cards.

A credit score is a numerical value that is generated based on the credit transactions of an individual based on certain analysis done by credit files monitoring done by the credit bureaus. These scores are generated based on an individual’s payment history, debts owed, length of credit history, details about open or closed accounts, type of credits availed, etc. This score alone decides the worthiness of an individual in lending him any form of credit like loans, credit cards, home rent, etc. It will indicate to the lender whether the borrower can pay back the amounts or not. A high score indicates that the applicant is likelier to pay the bills on time. Hence, your credit score is one of the most important factors influencing a money lender’s decision. You need to get your free credit score for a good reputation in the financial market. There are several types of credit scores of which FICO score and VantageScore are the most commonly used score models by the lenders to decide the creditworthy of the borrower. While Fair Isaac Corp. developed the former, the latter was developed by the three major credit bureaus respectively. The three major credit bureaus being Equifax, Experian, and the TransUnion.

Every person knows this, “If my credit score is bad, it is considered a disaster.” While it is certainly not the end of the road, it does create many a roadblock on one’s long journey called life. There are many online platforms that offer help to those of us with poor credit score, but it certainly comes at a price. The prudent thing to do is to know what is the bugbear called credit score and how to keep one to keep in comfortable numbers. An organization called Fair, Isaac and Company (FICO) are a data analysis company based in San Jose, California and specialize in credit scoring services. The company was founded by Bill Fair and Earl Isaac in 1956. Fico Score has become the fundamental measure of risk evaluation in the financial services sector in the country. FICO is extremely secretive about the details of their methodology; however, they have made public the weight they give to the various factors that go into its calculations. One’s credit score is a cumulative number to rank one against the others in creditworthiness. The most important factor is payment history, which gets 35% weight. Payment history is the records of one’s lapses in making timely repayments of loans, credit cards, mortgages or any other borrowings one has done.

Have you just joined college and are finding it quite challenging to manage the financial aspects of your education? Then it is high time you seriously thought about getting yourself a credit card for college students. There are umpteen benefits of gaining a credit card while you are in college itself. These include: The most significant advantage of a credit card college students’ one is the fact that it enables the student to build an excellent credit score even before they require it, provided they use it carefully and wisely. Credit cards that levy no extra fee on foreign transactions are incredibly beneficial for students who are doing their education abroad The various rewards that the credit cards offer the students can help the students save a tidy sum of money. For all this, you need to tactfully choose the best credit card for college students from the various offers available these days. Given below are some useful tips that will surely help you make your choice wisely. Choose a card that does not charge an annual fee It is essential to find a good credit card that does not charge any fee annually for its usage. Suppose you find that your bank charges a specific fee, shop for another alternative.