Having A Credit Card Is Almost Essential These Days

Category: Finance, Credit.

Having a credit card is almost essential these days.

Credit cards are also a convenient way to prove identity and to apply for things such as movie store memberships and for online purchases. They are the most commonly accepted forms of payment, even available for use from locations that do not take debit cards. Still, as ubiquitous as credit cards seem to be, many people choose not to carry one. Some people choose not to carry a credit card because the application procedure is invasive, asking questions about employment and credit history. The reasons for this decision can be varied. Others avoid credit cards because they do not like the idea of spending money that they do not have.

These are all sound reasons for not carrying a credit card, but for those who approach plastic with caution, there are alternatives that will still open all the possibilities of credit cards without the setbacks. Still others lack the credit history to qualify for a card. Prepaid credit cards offer a way around all the uncomfortable credit card alternatives, and can be used wherever credit cards are accepted. Not only will users enjoy the benefits of a credit card, they will also be able to go with a card uniquely designed for the Elvis fan. In the case of the Elvis Prepaid MasterCard Card, users will be able to use their card wherever MasterCard is accepted. This card comes with a special Elvis graphic on the front, one that is sure to draw comments from everyone who sees it.

The Elvis Prepaid MasterCard works along the same lines as other prepaid cards. The card also carries the personal signature of The King! In order to use the card, cardholders must first have a balance on it, which is gained by" loading" the card with money. As soon as the balance is gone, the card can no longer be used for transactions until it is loaded again. This way, users will never spend money that they do not have. You can load the card by making a transfer from your bank, by using a money order, or by having your employer deposit your pay directly onto the card account.

However, users can take advantage of the Internet when it comes to managing their card and their account. Unlike other prepaid credit cards, the Elvis Prepaid MasterCard does not work for online purchases. Users can check their balance 24 hours a day over the Internet, and can also see their last five withdrawals and deposits. Finally, this Prepaid MasterCard also offers a telephone assistance line that is open 24 hours a day. They may also use the Internet site to see all of the transactions they have ever made. Users of the card can call this line in the event that a card is lost or stolen, or to check on their balances and activity. In addition, this card also charges an activation fee and a monthly usage fee.

Cash withdrawals can be made through an ATM, but additional fees will be charged.

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But, It Hurts The Credit Card Holder In More Than One Ways - Michelle Mingus's Finance and Credit blog:

When a business such as hotel blocks or keeps your credit card on hold for certain amount while you avail the services of the hotel or business is termed as credit card blocking. When a person checks into a hotel and uses his/ her credit card for registration, the booking clerk contacts the credit card company and depending on your estimated stay will tell the credit card company about your bill.

You Re Able To Sit Down, Take Your Time And Read What Each Credit Card Is About - Finance and Credit:

As a university student looking for a credit card, everything is going to be foreign to you at first.

Still, There Are Sometimes When There Are Discrepancies Put On Your Credit Report That Rightfully Should Not Be There - Finance and Credit Articles:

If there is any way you could get your bad credit back up to where it used to be, or at least up to a descent level so that you could have a better chance of getting credit in the future, would you do it? But do you really have to wait the entire seven to ten years to have the discrepancies taken off of your credit report, or is there a better, quicker way for you to get your credit back on track?