Why I need balance transfer credit card?
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scot
Apprentice
Joined: 19 Jul 2005
Posts: 6
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 Posted: 06/04/08 - 05:55 Post subject: |
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| I have recently got my first job, and I still have not started using a card. I have only recently opened a bank account and I would like to know more about why I need balance transfer credit card, as have heard it to be the case. If anyone could help, that would be great. Thanks in advance. |
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abelard
Apprentice
Joined: 08 Dec 2005
Posts: 10
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| Posted: 07/04/08 - 01:58 Post subject: |
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| Credit cards are great way to pay for things. You can have a delayed payment, can spend more than you have on your account, although if you go too far with that you will pay large interests. Secured cards are also called smart cards, and unlike standard ones, they have a PIN. PIN number is really something that is crucial for your card usability. Now, a balance transfer credit card offers you great possibilities of transferring money between accounts, thus getting a slight profit and settling debt from various low-interest accounts and cards. For more info, go to http://www.creditcards.com/balance-transfer.php. |
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