That's My Credit Cards

Losing your credit card is very troublesome. The worst thing you want to avoid is your card being stolen. There are so many people who would easily take advantage of it and use it immediately to purchase things they want. If you think you are protected because they cannot copy your signature, think again. Some are very good in forging signatures. It is just a matter of trying to imitate your strokes a couple of times and it can then pass as your real signature after a few minutes. It will be very hard for store owners to tell if the signature was legitimate or not.

No robber will take mercy. They will use your credit card until your credit limit is maxed out. If you realize too late that you lost your card and the robber was able to incur purchases already, you will have to pay for that unless you can prove to your bank that that was not yours. This can all be a very tedious process even if you do become successful in reversing those charges. In a few instances, the bank could reimburse you if you proved correctly that the card was no longer in your possession when those malicious purchases started coming in.

If you lose your credit card, report this immediately to your bank so that it can be cut temporarily while they make a new card for you. After reporting loss, the bank could no longer charge you for any succeeding purchases made from your card. More so, this can be used to track down the location of the robber.

While reporting, make sure to never give out your PIN number. This is very confidential that even banks will not ask it from you. Be careful with people trying to ask for your PIN number because they may be frauds pretending to be affiliated with banks. Legitimate banks do not need to know your PIN number just to verify your identity.

Credit card is very important nowadays because aside from being able to buy on credit, it can also act as a secondary ID. It can also be used like an ATM card wherein you can make cash advances during an emergency situation. Always take care not to lose it because it could create problems for you if it gets lost. If you can, separate your money from your cards so it is not too bulky on your wallet. Thick wallets attract thieves. Keep a photocopy of the front and back of the card. It may come in handy in the future if you lose it.Losing your credit card is very troublesome. The worst thing you want to avoid is your card being stolen. There are so many people who would easily take advantage of it and use it immediately to purchase things they want. If you think you are protected because they cannot copy your signature, think again. Some are very good in forging signatures. It is just a matter of trying to imitate your strokes a couple of times and it can then pass as your real signature after a few minutes. It will be very hard for store owners to tell if the signature was legitimate or not.

No robber will take mercy. They will use your credit card until your credit limit is maxed out. If you realize too late that you lost your card and the robber was able to incur purchases already, you will have to pay for that unless you can prove to your bank that that was not yours. This can all be a very tedious process even if you do become successful in reversing those charges. In a few instances, the bank could reimburse you if you proved correctly that the card was no longer in your possession when those malicious purchases started coming in.

If you lose your credit card, report this immediately to your bank so that it can be cut temporarily while they make a new card for you. After reporting loss, the bank could no longer charge you for any succeeding purchases made from your card. More so, this can be used to track down the location of the robber.

While reporting, make sure to never give out your PIN number. This is very confidential that even banks will not ask it from you. Be careful with people trying to ask for your PIN number because they may be frauds pretending to be affiliated with banks. Legitimate banks do not need to know your PIN number just to verify your identity.

Credit card is very important nowadays because aside from being able to buy on credit, it can also act as a secondary ID. It can also be used like an ATM card wherein you can make cash advances during an emergency situation. Always take care not to lose it because it could create problems for you if it gets lost. If you can, separate your money from your cards so it is not too bulky on your wallet. Thick wallets attract thieves. Keep a photocopy of the front and back of the card. It may come in handy in the future if you lose it.

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A simple typo gave Michael Ivey the idea for his company. One day in the fall of 2008, Ivey’s wife, using her pink RAZR phone, sent him a note via Twitter. But instead of typing the letter d at the beginning of the tweet — which would have sent the note as a direct message, a private note just for Ivey — she hit p. It could have been an embarrassing snafu, but instead it sparked a brainstorm. That’s how you should pay people, Ivey publicly replied. Ivey’s friends quickly jumped into the conversation, enthusiastically endorsing the idea. Ivey, a computer programmer based in Alabama, began wondering if he and his wife hadn’t hit on something: What if people could transfer money over Twitter for next to nothing, simply by typing a username and a dollar amount.

Just a decade ago, the idea of moving money that quickly and cheaply would have been ridiculous. Checks took ages to clear. Transferring money from one bank account to another could take days, as banks leisurely handed off funds, levying fees nearly every step of the way. Credit cards made it a little easier to pass money to a friend — provided that friend owned a credit card reader and didn’t mind paying a few percentage points in fees or waiting a couple of days for the payment to process.

Ivey got around that problem by using PayPal. Since 1998, PayPal had enabled people to transfer money to each other instantly. For the most part, its powers were confined to eBay, the online auction company that purchased PayPal in 2002. But last summer, PayPal began giving a small group of developers access to its code, allowing them to work with its super-sophisticated transaction framework. Ivey immediately used it to link users’ Twitter accounts to their PayPal accounts, and his new company, Twitpay, took off. Today, the service has almost 15,000 users.

That may not sound like much, but it sends a message: Moving money, once a function managed only by the biggest companies in the world, is now a feature available to any code jockey. Ivey is just one of hundreds of engineers and entrepreneurs who are attacking the payment ecosystem, seeking out ways small and large to tear down the stronghold the banks and credit card companies have built. Square, a new company founded by Twitter cocreator Jack Dorsey, lets anyone accept physical credit card payments through a smartphone or computer by plugging in a free sugar-cube-sized device — no expensive card reader required. A startup called Obopay, which has received funding from Nokia, allows phone owners to transfer money to one another with nothing more than a PIN. Amazon.com and Google are both distributing their shopping cart technologies across the Internet, letting even the lowliest etailers process credit cards for less than the old price, cutting out middlemen, and figuring out ways to bundle payments to sidestep the credit card companies’ constant nickel-and-diming. Facebook appears to be building its own payment system for virtual goods purchased on its social network and on external sites. And last March, Apple gave iTunes developers the ability to charge subscription fees through their applications, making iTunes the gateway for an entirely new breed of transaction. When Research in Motion announced a similar initiative last fall at a session of the BlackBerry Developer Conference in San Francisco, programmers crowded the room, spilling out into the hallway. About 20 percent of all online transactions now take place over so-called alternative payment systems, according to consulting firm Javelin Strategy and Research. It expects that number to grow to nearly 30 percent in just three years.

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Whether you own a credit card that offers reward points, a credit card with a low ongoing APR or one with a 0% APR intro rate, it helps – and pays – to act smart with your credit card usage. If and when you own a credit card, it’s not just simply a matter of swiping and paying off bills. There are ways to maximize the promotional offers and rewards of your credit card and we’re here to teach you how to be a smart credit card owner.

The Zero Percent (0%) APR Intro Rate Credit Card – So, you’ve been approached by a credit card representative offering you this type of credit card, have you? He made it all sound so simple and wonderful, didn’t he? Or maybe, you accidentally came across a credit card website and you found yourself mesmerized with the words zero percent.

Whatever the case, here’s the truth about 0% APR intro rate credit cards – it’s not what everybody needs. That’s right. Even if it does promises to give you 0% APR on your credit card purchases, keep in mind that this is an intro rate we’re talking about.

And this means that if the introductory period is over – and the coverage is usually between three to fifteen months, tops – then say bye-bye to your beloved 0% APR and say hello once more to the normal APR for credit cards.

A 0% APR intro rate credit card is best for people who want to transfer their balance from old credit cards and people who are planning to make expensive purchases and are able to pay them off before the introductory offer expires. When shopping for 0% APR intro rate credit cards, remember to ask about the duration of the introductory period, what the APR’s going to be after the intro period and if there are any additional fees to be paid.

The Low Ongoing APR Credit Card – If you just want a credit card with a low or lower interest rate but you’re not in the mood to buy a Tiffany jewelry set or a yacht then yes, you’re better off with a low ongoing APR credit card.

Credit Card Offering Rewards / Reward Points – This is the most popular type of credit card. Although they have higher interest rates compared to other credit card types, if you don’t mind paying more on finance charges in the hopes of winning something else later on then this type of credit card is the ideal one for you!

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• Preventing Identity Theft and Credit Card Fraud: How to Protect your Credit Information (0)
• How to deal with credit card offer (0)
• Getting Your Credit Card Online (0)