• 0% Intro APR* for up to 12 months on purchases and balance transfers
• No annual fee
• 24/7 online account access
• Worldwide travel accident insurance
• Rental car insurance
• Free account alerts

To get approved on the Chase Platinum Credit Card you need to have good to excellent credit scores. In return the interest rate you will get is about 5% less than most other fixed rate credit cards. After the introductory period the interest rate will change to 9.24%.

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Chase Platinum

With it being a exclusive credit card it does come with a $495 annual fee. The rewards make up for it as long as you use it. Interest rates after the introductory period start at 13.49% depending on your credit score. The Visa Black Card does have a fixed rate for 6 months and then it becomes variable.

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Visa Black Card

Some of the benefits of having the Discover More Credit Card is a fixed interest rate for the first 9 months of owning the credit card. During this introductory time period you will be able to take advantage of a 0% interest rate for purchases. After the introductory time period the interest rate does become variable and the rate offered to you depends on your credit history. There are no annual fees with the Discover More Credit Card and only a small finance fee of $.50 for when you take a cash advance.

To show how much Discover wants your business they are offering a fixed 0% interest rate on balance transfers for the first 12 months of having the credit card. This can be quite beneficial if you plan on transferring balances from other high interest credit card balances over. The savings from the interest alone can add up and you will be able to pay down your balances even faster.

The Discover More Credit Card lets you earn unlimited rewards on all of your purchases. Depending on where you use your credit card you can earn up to 5% cash back rewards. Once you spend over $3,000 the amount of rewards you earn does go down to 1%. Still this is very good. To know you are earning 1% cash back is better than having to wait until you get a certain amount of air miles or points to be able to cash something in. The minimum amount of rewards you can cash in is $20. Your reward balance will never go away unless you close the account without cashing out, is inactive for 18 months, or if you do not make at least a minimum payment on time for two consecutive months. If you do any of those your rewards will be removed. The Discover More Credit Card can also cover you when renting a car. You are covered under their insurance company if you get into a accident.

All in all the Discover More Credit Card is one of the most popular credit cards out there. The terms are great and so are the rewards. This credit card will end up being one of those cards you probably hold onto for more than a decade and use all the time.

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Discover More Credit Card

If you get approved on the Discover Open Road Credit Card you will have a 0% APR for the first 12 months of having it. After the intro period you can expect to have a interest rate at 10.99% which is based on your credit rating. Not everybody will get approved as you need to have excellent credit.

This is one of the best fixed interest rate credit cards available for road warriors. If you spend a lot of time driving around then the Discover Open Road Credit Card is for you.

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Discover Open Road

There are no rewards like cash back or airline miles with this card because one of the benefits of having the 0% interest rate on balance transfers or purchases for the first year. After the introductory period the interest rate will move up to 8% based on what your credit score is. Many people apply for the Citi Platinum Select Credit Card to take advantage of the balance transfer. Keep in mind that there is a 3% transfer fee for every time you do so. Make sure this makes sense for you to do. As long as you make your payments on time the interest rate will stay at 0% for the first 12 months on what you transferred.

The Citi Platinum Select Credit Card is a very popular card for college students or anybody else looking to establish a credit history. Knowing that you have a 0% interest rate for 12 months will help you learn what to do with building credit and being responsible with a credit card. Eventhough this credit card does not have a rewards program it does help you start to build a credit background with the banking industry. This is one of the best fixed rate credit cards available in the industry. Approval rates are high and if you are looking to transfer over a balance to start paying it down then the Citi Platinum Select Credit Card is for you.

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Citi Platinum Select Credit Card

After the introductory period the interest rate will become variable and will depend on your credit score. Most interest rates start at 13.49%. The credit limit with each credit card can go up to $20,000.

The Capital One No Hassle Miles Rewards Credit Card is a fixed rate credit card for the first 12 months. This gives you the opportunity to pay down balances on other items or know that you’re payment will not change.

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Capital One No Hassle Miles Rewards

Reasons for Credit card theft in holidays

December is a season of family reunions and get-togethers. As most family arranges for a get together this time, many spend their Christmas in unknown cities and little known place. Many consumers go extravagant and often follow unusual pattern of spending during this time. In addition to this, many people, who are not so well acquainted with the online marketing procedure, use their credit cards for on-line purchases during this time. Being a novice, they often commit careless mistake and fall in the trap of credit card thefts. Though credit card companies have stringent fraud detection system to track the usual spending behavior of people, it often fails during holiday seasons. With the advent of unusual patterns in shopping, these systems often fall short to flag fraudulent practices and monitor credit card theft. As a result, thieves who have stolen credit cards either electronically or physically gets more time to commit their crimes until they are detected.

Preventive measures which can save you from holiday theft

Carry one card

No matter how many credit cards you have, consider carrying only one card while you travel. Leaving most of the credit cards at home will limit your exposure to only one card and thereby would restrict your chances of theft damage.

Monitor your credit activity

Make sure you verify the card activity on-line once per week. Many credit card companies have on-line tools to detect fraudulent activities on their accounts. If you login and examine your recent purchases, time to time, you can locate suspicious activity before things get really dicey.

Credit monitoring service

Employ an online credit monitoring service. This generally keeps an eye on all 3 credit bureaus and if anyone attempts to look or applies for credit in your name, they

immediately send forth an automatic notification. This service has an automatic reporting function and offer kind of financial guarantee, if they fail to live up to their responsibility.

Keep the aforementioned points in mind and make sure you protect yourself from credit card theft during holiday seasons.

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December: The favorite season of Credit card thieves

1. You can consolidate multiple credit cards with such a loan: If you’re using a number of business credit cards and you’ve become tired tackling multiple payments on multiple cards, you can certainly benefit through such a loan. With this loan, you can consolidate your credit cards and start making a single monthly payment towards the debt consolidation loan. This relieves you of the hassles of making more than one payments.

2. You can lower the interest rates on your cards: As you take out a debt consolidation loan, you can reap the benefits if drastically lower interest rates and monthly payments. The debt consolidation loan will carry low interest rates and this will automatically reduce the monthly payments that you require making to the company. With reduced monthly payments, you can keep a certain amount of money aside for other financial purposes.

3. You can eliminate late fees: While carrying out your business transactions, you may have missed out some credit card payments due to tough financial conditions. However, you can abolish all such late fees and penalties that are associated with a business credit card through a debt consolidation loan. With the new master loan, all your late fees and penalties will be rolled over into the loan, thereby reducing the monthly payments.

4. Boosts your credit score: The credit score is an important financial document for every individual and a business organization. Continuous late payments and credit card defaults can trash your credit score. But as you start making regular monthly payments through a debt consolidation loan, you can boost your credit score as well as your business credit score. You can well avoid filing business bankruptcy by making easy and affordable payments through a business debt consolidation loan.

Getting a business debt consolidation loan is not as easy s getting an individual debt consolidation loan. Lenders exercise tighter rules while lending a debt consolidation loan to a business organization as the default amount is usually high. Make sure you repay the loan in due time so that you need to face the hassles of a bankruptcy even after consolidating. Calculate the debt amount through a credit card payment calculator and then take out the loan in accordance with it.

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Why should you consolidate business credit card debt?

Banks nowadays have finally smartened up and decided that they should only take risk on people that have proven that they can pay their bills on time. Getting a high credit score is that easy. All you need to do is pay your bills on time and you can expect to have a credit score in the mid to high 700s. Major credit card issuers like Chase, Bank Of America, and Discover had to change who they gave credit too. Their where times over the past 6 years that these same companies were giving credit cards to people with credit scores below 600. Sure, they were charging high interest rates to these individuals and they were thinking that they were going to make 15%-30% interest on those credit card holders. It sounded like an easy business plan. Charge high interest rates to people that are high risk. Well, it back fired on companies like Bank of America, Chase, Citibank, and Discover. The same people that had poor credit scores would run up the balances on their credit cards all the way to the max. Occasionally making a payment to the credit card would keep them from getting the card taken from them or closed.

The credit card holder would spend to the limit, lets say the limit was $5k, but the minimum payment was $30 a month. This $30 did not even cover half of the interest they were spending. So what these people did was spend to the max and just not pay it back. It was that simple. Spend $5k on stuff and just not pay the banks back. It was that easy. The funny thing was that the banks kept on sending them credit card applications to these people again and again.

Realizing that they cannot just approve anybody on a credit card the banks after suffering from major losses on credit cards and foreclosures decided they can only lend to people with credit scores over 700 now. You might be able to find a fixed rate credit card with scores between 650 and 700 but it is not going to be a low fixed rate credit card. You should expect to pay over 10% with scores between 650 and 700.

Now more than ever you need to be responsible when it comes to your finances. When that credit score drops down to 699 do not be expecting an approval on a credit card. The banks cannot afford to take any more risk on people that have proven that they cannot pay their bills back.

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How Your Credit Score Affects You Getting A Fixed Rate Credit Card

At this point it is important to start as you mean to go on and stop all spending on the card otherwise it will make arranging a debt relief plan much harder to implement. Delay can mean ensuring whatever credit card debt relief solution you want to proceed with is made more difficult. Whilst there are a number of debt consolidation options, the three mentioned below are the most common used for people in similar situations.

Where a person in financial trouble is still able to apply for a credit card, then by obtaining one that offers a low rate of interest the debts can be consolidated leaving just one payment to make regularly until the debt is cleared. A good alternative to this option is a consolidation loan at a low interest rate where the debtor can decide exactly how much they can afford to repay every month after the outstanding debts have been cleared.

This option does require a certain willingness on the part of the person in debt to be strict about the payments and the regularity in which they are made if they really want to end the debt problem. Debt consolidation does require that the debtor is still able to access credit and that they will have sufficient funds to repay the loan.

When the situation or poor credit rating occurs, credit card debt relief is unlikely; then it will probably be necessary to contact a company that specializes in negotiating settlements. The company can negotiate with the creditors to accept some money, generally about 50 percent of the outstanding balance and then write off the rest.

The final option is bankruptcy which should not be taken lightly but if the debt is totally out of control and there is no way to escape from the debt trap then filing for bankruptcy may be the only way out. This final option means that the slate will be wiped clean but trying to access credit of any kind will be very difficult whilst the bankruptcy is in force so rebuilding the credit history will take some time. However, the debtor must remember that opting for debt relief from their credit cards cannot become a regular feature and must be careful not to get into such a situation again.

Source: debt relief

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Credit Card Debt Trap