Tell A Friend About This Wonderful Site  





Credit Card Terms - How to Understand Them

It is not recommended to own a credit card if you don’t know the credit card terms and conditions. This is a straightforward advise to people planning to obtain a credit card for their personal needs. It is essential that all credit card holders know their provider’s terms and conditions before proceeding into such venture. Some important credit card terms and conditions to look at are how to properly addressed billing statements and knowing the payment rules of the card.

Click here to compare and save on credit cards. Low APR and 0% APR credit card offers from multiple providers. Click here to save now.

Learning all the right terms can make a big difference in achieving and maintaining an excellent credit history or scores as well as preventing huge debts to occur which are hard to settle or pay off. Luckily, credit card terms are easy to understand or comprehend. Below are some of the information about what you need to know. At, you can compare and apply for low APR and 0% APR credit cards. These offers are ideal in terms of bringing down your interest expenses and also a viable platform to become debt free.

Hot Credit Card Offers
Hot Credit Card Offers
Type Brand Annual Fee APR Cashback Bonus Details/Apply
The First Progress Platinum Elite MasterCard(R) Secured Credit Card
$29 19.99% N/A


* This online application is subject to the terms and conditions as described in the Important Information Section of the application.

Average Daily Balance

This is for the particular month balance of the credit card that is divided into the number of days. The card holder will be charged based from these numbers regarding the interest they will face.

Balance Transfer

Transferring the balance from one credit card to another is often the solution of card holders in order to make the interest rates lower in their balances.

Cash Advance Charges

Most credit card provider does not allow withdrawing from ATM machines without fees included. The cash advance rate is also different and much higher as compared to the interest when doing purchases.

Credit Card Terms and Conditions

This is the rules or agreement between the credit card holder and provider where in all information about the credit card that was acquired. Normally, this composed of interest rates that may incur, various details about their rules and credit card terms and additional fees for the card. Those are just some of the tip you need to know when asking about credit card for me when you have bad credit. Consider those things and you will surely have a good credit card score.

Compare Credit Cards

Finance Charges

This is the interest fees that included when purchasing items or goods besides from the normal price. Although this may differ from one company to another, it is always computed using the interest rate4 and the card’s purchase balance.

Minimum Payment

The minimum payment is composed of a small percentage from the balance and related to the outstanding balance form the previous month according the billing statement provided by the lender. This is normally for purchases that have been made.

Pre-Approved Cards

Sent normally via mail is the normal process from pre-approved credit cards. Although the method used was pre-approved, you might be thinking that you are actually eligible to get a credit card where in is most cases it is not. This is usually a way of the lender to let you know that you have an excellent credit history or score and a perfect candidate for the acquisition of the card. However, you will still need to go for assessment conducted by the company before you can actually get the card.

Those are just some of the things you need to know about the credit card terms and always consider knowing the terms and conditions of your provider before obtaining from them to prevent misunderstanding in the future.

Thank you for visiting us. Do consider visiting to compare and save on credit cards, cell phones, loans, long distance, mortgages, Internet access, and more.


Compare Credit Cards

Click here to find out how to save money on credit cards

Compare and save on credit cards, cell phone, long distance, Internet access, mortgages, insurance, and more at

 Home     Contact Us     Partners     Tell A Friend     Privacy Policy     About Us     Terms of Service


(c) Copyright Resume Corner, Inc. All rights reserved.