Easiest Credit Cards To Get Approved For
Look No Further for the Best Cash Back Credit Card Offers
Everyone’s saying that the president deciding to dip into the national energy reserves to stabilize those gas prices, was really something he did to help his reelection bid. Nevertheless, this hasn’t helped that much. Gas prices really still do remain historically high. People will pay more for an old gas saving Prius today than a new one would go for – because there is a waiting list for a new car. That’s how desperate people are for way to save on paying for gas. But there’s a way that lots of people overlook – taking advantage of one of the best cash back credit card offers that come especially made for cheaper gas. You get 5% off any purchase you make a gas station – and not just for gas either.
Everyone should have one of these. If you have been thinking about which the best cash back credit card is for gas purchases, look no further. Actually, you do have to look further – the answer is in the coming paragraphs.
Let’s start with the Chase Freedom Card. With this card, you get 1% cashback whatever you buy anywhere. When you buy gas, groceries and home-improvement stuff though, you get 5% cash back. But can’t you get everything together. They rotate among these categories every month and choose to give you 5% off only on one category a month. The great thing is, this card comes with no annual fee. Which makes it one of the best cash back credit card offers you’ll see on this list.
The Platinum Cashback Rewards card from the Pentagon Federal Credit Union is a great little card – and not least because it’s from a credit union. As you can tell by the name, this credit union was made for the Armed Forces. Today though, anyone can get one of their great offers. You just have to make a donation of $20 or so to one military cause to qualify. Anyway, you get 5% on gas pumps the whole year around. And of course, this comes with no annual fee either.
You’re probably thinking about why there are no gas brand affiliations on this list. Well, you’ve got the Chase BP Visa card and the Chevron and Texaco Visa card. With the latter one, whenever you visit a Texaco or Chevron station and pay with the card, you get 10 cents back for every gallon you pump. For anything that you buy at the gas station store, you get 3% back in fuel credits. The Chase BP card on the other hand gives you 5% all through; and for any travel-related expenses, you get 2% percent back.
Of course, rewards cards can be a great only if you can organize things so that you never have to pay interest. If you wish to carry a balance, these cards are probably not for you.
Read more about author at:
Low Interest Credit Cards
Remember that there are easiest credit cards to get approved for and sometimes all it takes is a call to a credit card issuer.
Second Chance Credit Cards
When looking for a second chance credit card the first thing you want to do is Google the words “secured credit card” and you’ll get about 16 Million Results. Now you want to do a credit card comparison and analyze the cards by several points to determine the best credit card to apply for.
– First, what are the minimum and maximum deposits available.
Remember you need to realize that what you are really doing is starting a new bank deposit. You will be giving a bank a certain amount of money, say $200 up to possibly $10,000 and they will give you a credit card using that deposit as collateral so you can’t default. If you should default, they will simply take that money out of your savings account. Whatever amount of money you feel comfortable with is the amount you need to deposit. If $200 is all you need that’s great, but if you have to pay business expenses on it for instance you might want to put $500 or $1000 into it and that’s ok too.
– Second, what is the credit card interest rate you will be paying on balances each month?
You can be paying somewhere between 11% to 22% on the balance, so if possible try to pay the balance in full each month. Plus it will improve your chances of obtaining that excellent credit score you’re looking to get also. No balance is best, but if you have to carry a balance keep it as low as possible maybe $50 up to $100 so you are not being crushed on the interest.
– Third, what is the Annual Fee charged by the bank?
If you have to pay $100 than it’s not worth it, but around $30 each year is reasonable, but zero fee would be best.
– Fourth, what do they charge for other fees like:
Late Payment Fee – is it a set fee or a percentage of something else?
Over Limit Fee – if you are in a jam and need to exceed the limit of your card, what do they charge for that?
Now you need to ask yourself, which card is best for me? You probably will not be drawn to any one particular card right away, but if you write down each category and compare each card you should be able to decide which one works for you.
In conclusion, remember the original reason you decided to apply for a secured credit card was to increase your credit score, so use the card for that purpose only and everything will be ok.
Hey guys, hope you found my article informative…
…I got a Master Card with a $200 Credit Limit and a $49 Security Deposit, for details please visit Rebuilding Credit Cards Info…
When in doubt, ask your local banker if he knows any easiest credit cards to get approved for, because sometimes, all you have to do is get a semi-secured card where your credit limit is double your deposit balance.
Advances When Away From Home
This month I’ve been on the road in Latin America. My wife and I do this once or twice a year. Recently we were in Honduras on the way to Paraguay. Several unexpected expenses in San Pedro Sula arose which caused a cash drain. In addition to some home and car repairs, I broke a tooth and needed to see a dentist ASAP. All of this was paid for in cash except for buying a replacement ceiling fan that had a burned out motor. We used a credit card for that without any problem.
In our previous travels whenever we needed additional cash we just went to any bank and got a cash advance on a credit card. The bank teller would call wherever to get the authorization and we would get our advance in about half an hour. This time when we went to replace the money spent on the repairs and dental work the teller called for authorization and was told the advance could not be granted. The reason given was because we had not informed the credit card issuer before leaving the United States that we would be using the card outside the country. This requirement was news to us as we have been obtaining advances when needed without problems for over twenty years.
We went to another local bank with a credit card issued by a different company and requested a smaller amount. Same negative result. Both cards were of the same brand. In order to solve this cash flow problem I had someone at home in California send us some money via a well-known international Western transfer agent. We use that service on a regular basis and have never had a problem.
I wrote to several business associates, friends and family members who travel about this experience so they could be forewarned. A friend wrote back saying she had this same credit card advance problem in San Jose, Costa Rica. The only way she could get any emergency money was from a teller machine at the airport there. One of my daughters told me this happened to her while she was travelling in another state. She called her bank and was told that whenever people request a cash advance from a location outside their “local area” there is an assumption that the credit card is stolen. Once the bank representative confirmed my daughter’s identity he made a notation in her file of where and when she would be travelling and she received her money.
When I returned to California I inquired about this new policy because it doesn’t make a whole lot of sense to me. First of all, I dislike disclosing personal information about when and where I’ll be away from home for extended periods of time. How secure is that knowledge? Secondly, if the bank knows I’m travelling but my credit card gets stolen somewhere along the way, would the bank approve any transactions anyway because my travel plans are on file? Besides, what bank would give a cash advance to someone without a photo ID such as a passport or driver’s license? Despite these concerns the representative I spoke with reaffirmed the bank’s policy. Her only suggestion was that I write down the phone numbers shown on the back of the credit card so I have them in case the card is lost or stolen. That wasn’t the situation but it sounds like good advice anyway.
I will likely change cards to banks that have offices in California and in cities that I will be visiting. Hopefully by being a customer I’ll have fewer hassles than trying to deal with local foreign banks with which I have no relationship. Citi Bank and HSBC Bank seem to have branches in most countries or at least the ones we visit.
So the lesson learned is this – before you leave town with your credit cards contact the issuer, usually a bank rather than the sponsoring company. (In our case one of the cards was obtained through an airline’s application but a bank is the lender.) Ask about the bank’s policies regarding credit card use for cash advances when out of your “local area”. You then decide whether to disclose your itinerary.
© Robert R. Talley 2011
This is one of a series of travel “Lessons Learned” written by Robert Talley, Sr. Mr. Talley is a former bank loan officer and credit union branch manager. He and his wife Ruth have traveled extensively in the United States and in Latin America. They are based in San Pedro Sula, Honduras and in California.
