Advantages Of The 0% APR Credit Card
People used to think that they had enough on their benefits with their credit cards. They thought that the rewards they get and the low interest they have is already enough to last a lifetime. But times have changed and now cardholders are
wanting more. They are no longer happy receiving a toaster or a coffee pot. They want more. Like free vacations, free services and more.
However, there are instances when they get to have the chance of seeing promotions like 0% APR. Now, this is really something. But the question is, is it true? Is there a great probability that credit card companies can actually offer a 0% APR? Lets face it, credit card company's are in business to make money not lose it.
For most financial experts, they contend that it is, indeed, possible. In fact, credit card companies would definitely go for this kind of scheme just to get the consumers on their hook.
That sounds too good to be true, indeed. But the question is how come they can offer something so good just like that?
Normally, 0% annual percentage rate or APR lasts only for 6 months. The countdown starts from the day the credit card is claimed.
In most instances, 0% APR are attractive to people who would want to have a balance transfer. This is because they would want to consolidate all of their debts into one payment only. And because they have a huge pile of debt, they would rather go to a credit company that can offer them lower interest rates. But be careful. Since the 0% APR rate usually only last for six months make sure you check the rate that is charged after the six months.
With things like 0% APR credit card, who can resist them?
Moreover, with the 6-month timeframe, people will get to have the chance of paying their standing debts for a whole six month-period only. That would be a lot of savings.
But then again, 0% APR credit cards are not at all beneficial to everybody. As they say, there is always an exception to the rule. This refers to those who do not accumulate interest charges simply because they have outstanding balance. So, they wouldn’t feel the necessity of getting a 0% APR credit card.
The best credit cards for these types of people are those that offer rewards and cash backs instead of lower rates.
All of these boil down to one point, that people must be aware on how these wonderful offers can provide them the benefit that they want. With all the credit card offer being offed now days a consumer should shop around for the best deal at meets their needs.
Indeed, there are lots of rewards and 0% APR credit cards out there. But if it will not work for those who do not really need them because of the mentioned situations, then it’s best not to have them at all. Besides, the best 0% reward is not to have a credit card at all. And if you do have a 0% APR card don't over extend yourself. Buy only what you can afford.
American Express Credit Card, A Company History
The American Express credit card had been around since 1850 since then the American Express credit card has seen it good quarters and it fare share of bad quarters as well. Yet, a well-established company that is willing to help people receive a credit card that will suite everyone’s individual needs. They have been around long enough that, the American Express Credit Card Company knows what kind of fees are going to be feasible for the average person to be able to afford with out going into credit card debt shortly after they receive a credit card.
The American Express credit card has a variety of different types of credit cards so that everyone would find a credit card for all their needs. You are able to apply for an American Express credit card for the individual person. When you start to look at the different personal American Express credit cards you are going to see more than just one kind of credit card that you are able to use. You are going to see that the American Express credit card offers you to have cash back, traveling, and even a savings award. You are going to want to have an idea to what you are looking for in a credit card from American Express. That way there you are going to have an idea of what you are wanting in return from the use of the credit card.
The American Express credit card also offers a credit card for the small business owners that are out there as well. With the small business credit cards, the business owner can enjoy American Express’s many benefits. The American Express credit card even offers rewards for the small business owners just like the credit cards for the personal solutions. You can receive a credit card with cash back, airline awards, travel and shopping rewards. You are going to be able to choose credit cards that will suite your company in the best way possible. They do even offer credit cards with no pre-set limit, low introduction APR, complimentary first year, and no annual fee for the small business in the country.
When you are looking for a credit card for yourself or for your small business you may want to check out what the American Express credit card has to offer you. There is a couple of different kinds of credit cards that are offered through the American Express company offering you a credit card that is going to fit all of your needs as for as the use and fees of a credit card has to offer. If you are going to choose to apply for a credit card from the American Express, you are even going to know that you are going to choose a company that has a history of over 150 years in service. That would help you feel a little better about choosing a credit card company that has a steady history that they are not afraid to share with anyone.