Tell A Friend About This Wonderful Site  





Guide and Key Tips on Credit Card Purchase

Debt is like fire. Used in the right manner, then it’s a great tool, used imperfectly and you can get burned.Get a great credit card with 0% interest at

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.

The worst thing that can be done with a credit card is to use it to fill up the gaps that the person’s income doesn’t meet each month. That will see borrowings, continuously grow and can leave anyone in a debt spiral.

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.

Even though credit cards have reached very high adoption levels in the US, Canada and the UK in this century, many cultures are still more cash-oriented, or have adopted alternative forms of cash-less payments, Japan as known till date, still remains a very cash oriented society, with credit card acceptance being limited to only the prevalent merchants.

Bank Loan or a Credit Card

On the contrary, Credit cards are cheaper than loans, so more often people tend to use cards for shopping or meeting other consumer needs. Credit cards are issued by a credit card issuer, such as a bank or a credit union, once an account has been approved by the credit provider, subsequent to which cardholders can use it to make purchases at merchants accepting that card.

Purchase of Credit Cards Explained

The customary and traditional use of a credit card is for buying goods or services, whether in the malls, for any merchandise or online. Credit card companies call for you to pay a minimum off the total balance each month. Nonetheless, interest will be charged if the balance is not cleared within the due date. This is decisive in working out the choice of right card for individual needs.

The ultimate Banking card and its use

Whenever a purchase is made, either at a store or online, the credit card user agrees to pay the card issuer. The cardholder indicates approval to pay by signing a receipt which shows a record of the total amount spent along with the card details and indicating the amount is to be paid or by entering a (PIN) number. After that the credit issuer charges interest on the sum owed, if the balance is not paid in full. Additionally, if the credit card user fails to make the least minimum payment by the payable date, the issuer may inflict a "late fee" or other penalties on the user.

Credit card issuers often waive interest charges if the balance is paid wholly each month, but in general will indict full interest on the entire outstanding balance from the date of every purchase if the total balance is not paid.

Benefit From the Grace Period

A Credit card's grace period is the point, where the consumer has to pay the balance in advance to interest which is assessed on the outstanding amount.

Grace time may vary, but typically range from 20 to 50 days depending on the type of credit card and the issuing bank. In most cases, cards are even safer than cash, because they discourage theft by the retail employees and reduce the amount of hard cash on hand in the premises. Lastly, Banking cards reduce the back office expenses of processing checks/cash and transporting/depositing them to the bank.

Compare Credit Cards

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.