Credit Card

Article: Homepage (credit cards)

Description: Credit Card is substitute of cash and by having best credit card one can get different benefits.

As the world is advancing new technologies are introduced in the market. These technologies are made to make our life easier and simpler. These technologies are also helping in our spending life style. Like nowadays plastic money (credit card) is gaining fame because most of the people don’t want to carry huge amount of money along with them and they prefer credit cards.

Credit card is used as a mode of payment which can be used as substitute cash in the trade of commodities. It is a small plastic card, generally 3(1/8) inches by 2(1/8) inches in size, with a small electronic chip given to consumers of the system. The card holds credentials information like an image or signature, and person name to charge for services, the charges for which he will be payable periodically. A credit card is not like debit cards as in debit card money is not deducted from the client’s account after each transaction. In the case of credit cards, the issuers give loan to the punter and the consumer revolves their balance at the cost of having interest charged. Today, automated teller machines (ATMs), bank and Internet computers and store readers are used to interpret the information which is present on the card and are accepted as means of payment in many restaurants, internet businesses, stores, hotels and shopping malls. These cards are issued by financial institutes, banks and credit card companies.

Apply Credit Card:
In order to apply for credit card following information is needed:
What is earning per month.
Latest pay slip.
Company details.
Existing loans details.
Savings and investments details.
ID and driving license number.

Credit Cards Benefits:
Credit cards can improve the person’s ability to obtain student loan, charter an apartment, get a car, get a job, and seek to get a house. Other benefits of having a best credit card are:
Security in crisis.
Decreased need to hold wad of cash or checkbook.
Can be kept at anyplace and is used to pay anything one want to purchase.
Improved personal accountability and autonomy.
Easily replaceable if lost.
Personalize method of payment.
Is used as credit finance.
Used for other services on the phone.


A credit bank is a program supported via universities that acquires all of the past courses, test results, and service records of a student or employee and places them on a single transcript. This transcript can be used when applying for employment or education instead of sending in numerous records from different schools.

Credit card accounts might be transformed to mutual accounts. Many creditors need a credit check on the mutual applicant prior to conversion of the account. If the applicant has bad or has no credit record then the applicant’s application can be rejected or can be accepted at a higher interest rate. In order to consolidate outstanding loans; credit card consolidation loans can help.

In long-distance transactions Credit cards can be of great help. With the help of online credit card, items can be purchased and delivered through internet and with out credit card online financial transaction can not be done.

Credit card application is used in all most every country. Maybe in future creditcards will be the most commonly form of money.