Plastic money have changed the lives of people and made shopping much easier for them. With the help of a credit card, people can make transactions without carrying any cash with them. People who use credit cards know how convenient it is to make transactions with them. Most of the banks offer their credit cards now days. People who use these cards for any kind of transaction need to pay the principal amount of money along with the interest charged by the bank after a certain period of time. People who wish to use a credit card should try to get it from that bank which charges least interest on the money lent through credit cards.
These days, it has become very risky to carry cash as crime has increased. Also, people find it inconvenient to carry cash with them especially when they need to make huge expenses. Carrying physical cash has its own problems and people do not like to deal with them. There was a time when credit cards could be used at selected outlets. At present, people can use credit cards at most places. Whether you wish to have food in a restaurant or buy clothes from a mall; you will be able to pay through your credit card in most cases.
There are various kinds of credit cards. You might have seen the logo of mastercard on various credit cards. A mastercard can be used to pay at all those outlets where mastercard is accepted. In most cases, mastercard is accepted at all those places where a credit card is accepted. Anyone who carries a mastercard with him can be confident about paying for almost anything at any place. People who keep on traveling also like to use credit card for making various kinds of payment.
Credit cards are issued to people by banks on the basis of their income. People who have nice jobs and who get handsome salaries rarely face any difficulty in getting a credit card. People can have different credit cards at one time. However, while using these cards, people should be careful because credit cards enable people to make credit transactions and it increase the liability of people.
Also, people should make themselves aware of the rate of interest and various other charges which are levied on credit cards. Banks charge yearly fees on some credit cards while others are issued without any yearly fees. People who wish to know about various types of credit cards can get information about them online. There are various websites over the internet; which offer a lot of information about different kinds of credit cards.Â
Sambalpur: Close on the heels of Balasore multi-crore chit fund scam, an Oriya movie producer was arrested on Monday here on charges of duping people of lakhs of rupees as operator of online multi-level marketing (MLM) companies. The Ollywood producer identified as Narsingh Lal Agarwal had produced a language cinema ‘Tote Bhala Pauchi Boli’ lately. As per complaints, Agarwal ran franchisee of MLM companies assuring investors of high return. In a bid to instill confidence in the investors, the companies used to provide membership cards resembling plastic money cards. Agarwal used to lure people to invest money in these dubious companies like ABC India, Forex Bazar and TVR Express. Unaware of the fact that their hard earned money would go up in smoke, the entrapped investors pumped in money into the networking business. One fine day, Agarwal stopped paying returns citing reasons that the companies have shut down their businesses. Dejected by the turn out of events, the investors approached the local police station to register complaint against Agarwal. “He lured us to invest money in the network marketing companies,” complainant Sujata Satpathy said. Basing on the complaints, police arrested the movie producer from Ainthapali here. However, Agarwal turned down all allegations leveled against him. “I am not involved in any fraud. I do not know why police have arrested me,” accused said. Meanwhile, preliminary investigations revealed the dubious companies were not only …Read More »
Why do people use plastic money or credit cards as they are called? Because most items can be purchased by using credit cards.
Credit cards can be classified as standard, secured, business, entertainment and so on. There is a long list of credit cards available in the market. You should http://www.compare2save.com.au/ which have flooded the market before you apply it. There are a couple of variable you need to watch: balance transfer rate, annual fee, and most important interest rate. Here are the best credit card that I found using http://www.compare2save.com.au/credit-cards/.
The St.George Vertigo Card has a balance transfer rate of 2.99% with an annual fee of $55 and an interest free period of 55 days. It has interest rate of 10.99% per annum.
The Aussie Mastercard has a balance rate of 4.99% with a year of balance transfer period. The annual fee is 49$ and with 55 days of interest free period. You will enjoy 11.49% of interest per annum with this plastic money.
Another feather in the cap is the ANZ Low Rate Mastercard. The privileges that you would enjoy with this card is 0% balance transfer rate, 6 months balance transfer period and an annual fee of a meager $58 and 55 days of interest free days. The rate of interest is 11.74% per annum.
CBA Low Rate Card also qualifies the criteria for ‘best credit cards’. The balance rate of 4.99% with a balance rate of 9 months and an annual fee of $48 with 11.74% rate of interest per annum. You will enjoy 55 days of interest free period.
