INTEREST BEWARE, THERE'S SAFETY IN NUMBERS!
Note: The following is part 2 of a 5 part series, Over the course of these 5 articles, I am going to introduce you to several methods for maximizing the use and benefits of the best Credit Cards and offers on the market today. This information, when used in conjunction with one another, is unlike anything you've ever seen before. I like to call this approach, the "5 SuperCharged Secrets to Credit Card Utopia."
Without further Ado, let's continue with Secret #2:
SECRET 2: INTEREST BEWARE, THERE'S SAFETY IN NUMBERS!
1) This secret method isn't for everyone.
I would venture to say that this turbo-charged low rate secret is really for those with reasonably good credit.
But with that said, you may have good ENOUGH credit, and it doesn't hurt to TRY. If you don't succeed, then you've been blessed with the one thing most people don't have, and that's a GOAL?
You know what you want, better credit, and there are TONS of resources out there to help you get from point A to point B, much faster then you can imagine.
When you get there, this method is for you for sure! Work towards this! It's worth it.
2) If you have pretty good credit, it's time to use it to your MAXIMUM ADVANTAGE.
Do you like to shop at Costco®? I do. I LOVE shopping at Costco®. I know it costs me a membership fee every year, but I save money like CRAZY!
Why? Because Costco® can buy in bulk, and get huge deals from their merchants.
You see, there's safety in numbers. Costco® Members enjoy the benefit of pooling together their buying power, and extracting huge savings from vendors and suppliers.
3) And here we go! Secret #2 revealed: Take that concept, and apply it to Credit Cards! Interest Rates beware, because there's safety in numbers!
I'm talking about the big BLUE! I'm talking about American Express®.
Now, most of us who have not yet climbed on board to AMEX® are comfy with having a Visa®/MasterCard® in our wallets. I know. I was one of you at one time. You think it's better, because Visa®/MasterCard® are more widely accepted. Right?
I'll grant you that in some smaller "ma/pa" operations, you may not be able to swipe your BLUE. But other than that, AMEX® is widely, widely accepted everywhere?Worldwide.
4) Go check it out for yourself.
AMEX® is generally available at all nationwide chains like department stores, grocery stores, restaurants, and many, many other fine establishments. My wife and I spend money, just like you do. We use AMEX® as much as we can, and we don't have a problem with the ability to swipe it virtually everywhere.
5) I believe, firmly, American Express® is using the concept of pooled membership, to give you KILLER interest Rates, and amazing perks too.
I believe that the benefit of this pooled power is passed on to you, as a member of American Express®.
How do I know this? Because I'm a member, and I can attest that the interest rates are low, low, low!
For example, as of today's date, my American Express® Blue (no annual fee, by the way) is carrying a 9% interest rate (I also get balance transfer checks all the time?See Secret 1.)
6) Are there lower rates out there?
Well, maybe. But, I don't care. I like the fact that I don't have to go shopping for a low rate. I just KNOW that American Express® IS the lowest, if not one of the lowest.
It's just so much less work for me as a consumer, to be a member of AMEX®. No more shopping around.
7) Go with the Credit Card Company that takes care of the CONSUMER FIRST! .
I don't mean to sound like a commercial. I also have a Citibank®, and other fine credit cards in my wallet, and our website provides information on ALL major credit card companies, not just AMEX®, so I have no vested interest in one over another.
But the secret knowledge here is that American Express® seems to have the BUYING POWER to consistently give consumers some of the lowest interest rates on the market, and that's what makes them the BEST.
8) Check it out for yourself. Do your own research.
Don't rely solely on this writer's testimony. Go look around. Compare all the benefits, and the rates, and the rewards programs, and you'll see. AMEX® has no competition. Not for the consumer, anyway.
And in Credit Card Utopia, we always go with the best. As powerful consumers, we come first. We NEVER settle for less.
We've enjoyed providing this information to you, and we wish you the best of luck in your pursuits. Remember to always seek out good advice from those you trust, and never turn your back on your own common sense.
Publisher's Directions: This article may be freely distributed so long as the copyright, author's information, disclaimer, and an active link (where possible) are included.
Disclaimer: Statements and opinions expressed in the articles, reviews and other materials herein are those of the authors. While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. The author will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.
About The Author
Tom Levine provides a solid, common sense approach to solving problems and answering questions relating to consumer loan products. His website seeks to provide free online resources for the consumer, including rate-watch, tips and articles, financial communication, news, and links to products and services. You can check out Tom's website here: http://loanresource.org, or you can email Tom at info@loanresource.org.
On one hand consumers are being universally criticised for running... Read More
Once you've been paying off a credit card for a... Read More
Like me, you've probably been offered a fair old number... Read More
So you ordered a copy of your credit report to... Read More
The three major credit bureaus, Experian, Equifax and Trans Union... Read More
For all people shop around for the best rate, there... Read More
As a consumer you've learned the importance of establishing a... Read More
There are multiple reasons that tell us why we should... Read More
Online car finance is convenient. You can apply over the... Read More
If you want to purchase a new home or refinance... Read More
If you want a cash advance or a payday/paycheck loan,... Read More
Mortgage loans are some of the most difficult loans to... Read More
In their quest to get you to sign up for... Read More
Paying a credit card late fee is the same as... Read More
YOU SCRATCH MY BACK, AND I'LL BUY SOME MORE BEER!Let's... Read More
Here are some useful credit card tips for you to... Read More
Can you establish good business credit if you have bad... Read More
If you're like the average person, let me warn you... Read More
Credit cards have both benefits and drawbacks. It is wise... Read More
Secured and unsecured debt - what's the difference?It's easy to... Read More
Ok, let's face it, everybody hates high credit card rates,... Read More
Did you know that you could make sure to get... Read More
Having a better credit score not only represents easier access... Read More
Debt negotiation on credit cards is often referred to as... Read More
Consumers today are up to their eyeballs in debt. And... Read More
TURBO-CHARGED KILLER RATE SAVING INFORMATION!Let's just take a brief moment... Read More
Under the Fair Debt Collection Practices Act, collectors are not... Read More
Identity theft statistics are shocking. And we are told that... Read More
We spend money every single day on many different types... Read More
Now in a world with so many easy to get... Read More
Are you thinking of buying a house? Do you want... Read More
Getting worried that one of your clients, customers or patients... Read More
Joint debts remain joint debts.Both spouses signed a legally binding... Read More
Identity thieves take advantage of everyday opportunities to discover your... Read More
Credit cards can be a very quick way of getting... Read More
Somebody once said, "There is always a way of knowing... Read More
Finance is a big word for some of us. It's... Read More
When you buy real estate, lenders run all of the... Read More
The Beginning of the Credit Card EraIn 1951, Diners Club... Read More
I didn't think it was possible. But it is. Folks,... Read More
Credit card debt is a growing sickness in the United... Read More
In the face of financial hardship, many seeking a responsible... Read More
There is a big difference between looking after your own... Read More
Congratulations college freshman! You're about to embark on one of... Read More
What are inquiries?When you apply for credit the creditor or... Read More
If you've ever applied for a credit card or loan,... Read More
Bad credit can be a burden for otherwise good credit.... Read More
One of the great mysteries of life is how the... Read More
So you got into debt, had problems but you got... Read More
There are no secrets to repairing your credit. Many shady... Read More
One of the easiest ways to borrow money of a... Read More
Obtaining a credit report is an excellent way to begin... Read More
The economic downturn of the last five years has affected... Read More
Just when most people finish with school and can stop... Read More
One of the biggest problems people have in these modern... Read More
When you apply for credit one of the first things... Read More
Secured and unsecured debt - what's the difference?It's easy to... Read More
Listed below is a useful guide to credit card terms.... Read More
Credit and charge card fraud costs cardholders and issuers hundreds... Read More
Credit scores: all lenders use credit scores to determine interest... Read More
It wasn't all that long ago that lenders blatantly discriminated... Read More
If you are one of the millions of people out... Read More
Your credit report is a very powerful report that essential... Read More
Mark and Beth, a young married couple in their twenties,... Read More
There are times when you may be turned down for... Read More
Credit cards have both benefits and drawbacks. It is wise... Read More
Credit |