Posted by: sekolahbahasainggris | May 13, 2008

Credit Card.

How credit cards work?

A credit card is a thin plastic card, usually 3-1/8 inches by 2-1/8 inches in size, will bear identification information and special number code. The services are credited to the particular persons account for credit and he or she has a grace period of repaying the credited amount without interest. After the grace period interest rates will take over. Today, the information on the card is read by automated teller machines (ATMs), store readers, restaurants, cruise ships ,bank and Internet.

Different types of credit card.

There are different types of Credit cards available in the market according to your needs. There are credit cards allotted only for Gas stations. Most of the companies offer cards like gold, silver and platinum cards, each differs in their services. The higher grade cards have more money in credit and the grace period will be more. Before opt for a credit card make sure you read all the terms and conditions carefully, otherwise you will fall in to a trap of high interest rates.

Things to know before buying a credit card.

Whatever card you choose you have the right to know about the following information’s about the credit card.
The annual percentage rate (APR)
Credit issuer or company providing the credit line
Amount of the credit line
Length of the grace period
Annual fees, if applicable
Fees for credit insurance
In United states most of the people have at least one credit card. 35% have more than one. Even though there are a great number of credit card holders the number of internet buyers are not that much significant. The main reason of this is the increases number of stories about internet thieves who steal the credit card numbers through hacking. Now a days the websites offering internet buying are taking all measures to avoid internet hackers to get their client information.

Leutanat Dahlan

From Australia


Responses

  1. webmaster would also work as a website…

    writer you might be making a mistake. unless your web designer is a skilled writer you could end up with content that doesn’t make much sense to readers of search engines. it is quite usual that professional webmasters work together with…


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: