CREDIT CARD "CENTS"
CREDIT
CARDS.................AND REWARDS...............AND
TRICKS AND TIPS
Well, well, well...............there are
several "schools of thought" on the credit card issue!! :)
Some have written me to tell people that it can lower your credit card rating
to have many credit cards at one time. In my case, I have not had that
problem and have had up to 35 open cards at the same time.........I think the
"inquiries" into your credit all at once affect your rating (to
avoid people who Scam- by opening HIGH lines of credit and then bankrupting
them all) but I don't think open ZERO balance (or close to it) have any affect
at all. As a matter of fact ........you can have a BALANCE and get a
million cards offering you lines of credit too........
IF YOU ARE BUYING A HOUSE or ANOTHER LARGE
PURCHASE you do NOT want to open a bunch of CREDIT CARDS just before doing
this, These larger purchases cause banks to SCRUTINIZE your credit and look
for possible risk.............this is the time to NOT have any inquiries into
your credit- it isn't that it lowers your rating.........it is they do not
want you to buy a house and then charge up a bunch of things you cannot
afford..........and not be able to pay them! They also don't want you to get a
loan for your downpayment either ........they are picky......and looking at
risk factors..........after you have paid on a house for over a
year...........you are safe !
You also don't want too many accounts open
with the SAME BANK that makes you ineligible for offers from that bank. FOR
EXAMPLE I had 3 accounts with First USA and they came out with a GREAT offer
and I was denied a card........I called them and they told me the
reason........Not because of my rating......because I already had 3
accounts!!!! LOL (they had good offers) so I closed them ALL 3 of them and
then was promptly elig. for the $50 gift they offered- the guy on the phone
handled it ALL.........and closed them opened a new one and put ALL of my
limits on the one card- giving me a higher limit and higher rating with them
than I had before! woooooooo hooooooo
so for what it is worth I have said the
possible pit falls of many credit cards..............but HERE is my story
CC CAN BE GREAT if you can discipline
yourself................suggestions............
#1 CHARGE EVERYTHING........that is
right EVERYTHING you can.........but only on a card that PAYS
YOU.......EVEN YOUR BILLS, GROCERIES ETC
*****keep your $$ in the bank drawing
interest until your bills come...........and saves you from writing costly
CHECKS......just write ONE CHECK at the end of the month OR go online to pay
and you do even better........last minute (2-3 days before due date
preferably) WRITE DOWN AND DEDUCT your charges in your CHECK REGISTER
(instead of check # write CC1, CC2 etc........) THIS KEEPS YOU FROM SPENDING
MORE MONEY THAN YOU HAVE............when you actually PAY you have already
deducted from your running total.......and have collected interest on your
MONEY that they would have collected otherwise!
#2 DO NOT APPLY FOR OR ACCEPT
ANY CARD that you have to pay an annual fee unless you are trying to REBUILD
credit and even then you dont want to unless you have exhausted all other
possibilities!!!!!!
#3 ALWAYS get a REWARD or GIFT for
applying and or using your CARDS!!!!!!!
#4 IF you carry a
balance..........play the CREDIT CARD GAME.........transfer (ONLY IF OFFERED
FREE) to lower rate cards frequently!!!!!!!!!!!!!!! go for the lowest APR you
can get w/ a free transfer!
#5 NEVER accept any of the
"offers" the cc companies give you when you call to
verify..........they cost too much.........!!!!!!!
#6 REMEMBER that I sign up for my offers
over a period of time and use ONE CARD a month.........that way I am always
getting GC and REWARDS from different sources............it is FUN...........
THE BIG BOYS:
VISA MC DISCOVER AND AMEX
THIS
IS MY NEW BEST BET CREDIT CARD OPPORTUNITY FOR YOU!!!!!!!!!!!!
Note: Back soon !!
I just got mine and you
should TOOOOOOOOOO..............
here are the details on the CARD:
intro rate: 2.99% Intro APR No annual fee Free Chase Online
Account Access Free Chase CompanionSM e-Wallet
Online shopping protection Plus, you get rewards
on every purchase. Here's how it works: Use your card
anytime you shop and get a 1% rebate Earn at least $10 in rewards and
get an email telling you to redeem your rewards at Webcertificate.comTM
Use your Webcertificates anywhere MasterCard is accepted GREAT!!!!!!!!!!!!!
WOOOOOOOO HOOOOOOOO!!!!!!!!!! first time in ages i will get some FREE
WEBCERTIFICATES!!!!!!!!!!! ************SEE BONUS
OFFER BELOW*************
UPDATE:
for 2
nights at Ramada by 8/31, US & Canada only.
DISCOVER CARDS new "rules" WOOOOO HOOOO
Now you DON'T have to wait 1
year to get your reward . . . you can "cash-out" once
you have $25 available. But the really great part is
that if you don't take cash - you can redeem for double value on
a gift certificate. Currently, they don't have a
BIG selection - but some good ones - Blockbuster, Borders,
Walden Books, Evelyn & Crabtree and more. 2% BACK ON
ALL SPENDING AND NO ANNUAL FEE
freelancer, TONI, adds to OUR CREDIT CARD HOT DEALS
Loved your newsletter on
credit cards! Thanks! Just wanted to pass on to
everyone that with an Old
Navy cc,
You get a $5 off coupon for next purchase after every $100 you charge. Doesn't sound like much, put it adds up fast! They also send other coupons with your bill anjie note: ooooooooooooooooooooo I will have to get this one!!!!!!!! ALSO........don't forget to ask me if I can get you a code when you are ready to spend there.......and of course use the freelancebyu linky dink! here are SOME CODES Free Softsided Lunch Box with $60 or more!
Use Code: LUNCHBOX Exp 9/30 or Code: JULYTEN 10%/ $70 Exp 7/31
You get a $5 off coupon for next purchase after every $100 you charge. Doesn't sound like much, put it adds up fast! They also send other coupons with your bill anjie note: ooooooooooooooooooooo I will have to get this one!!!!!!!! ALSO........don't forget to ask me if I can get you a code when you are ready to spend there.......and of course use the freelancebyu linky dink! here are SOME CODES Free Softsided Lunch Box with $60 or more!
Use Code: LUNCHBOX Exp 9/30 or Code: JULYTEN 10%/ $70 Exp 7/31
Freelancer, JEN, adds to our list of CC offers.........AND GOOD DEALS!
Just another little addition
to your credit card info - which was very helpful ... thanks!
PacSun
is another store which offers a credit card that pays rewards.
After you've accumulated $125 in sales you get a $25 gc off $50
purchase! I have 2 teenage boys and they LOVE this
store! Of course, we shop the sales - but it doesn't take
long to accumulate $125 ... and there are some outlet stores too!
Finish Line also offers a shoppers card
which rewards you with a $20 gc after $200 in accumulated sales!
Keep up the good work! anjie
note: if you guys get these offfers
and are spending the GC please check out the SHOPPING pages at
freelancebyu to use our links AND email me to see if I can help
you with additional CODES to save even MORE! PAC
SUN...........free S&H expires TODAY 7/31 if your order
is $75 or more no code needed **contest on site too click
on HOT
DEALS (pop up for contest and best prices) ***up to
50% off right now! :) FINISH
LINE........CHECK out the CLEARANCE
HERE click on OUTLET ZONE
go here and then look on the bottom left
of the page to sign up for their MC it is another
card that I use frequently..........just took this info from the
site...........I didn't get the tote bag...........but you can!!!!!!!
You have to have a good credit history
and you have to have income of $15,000 a
year UNLESS you are a student.......then that does not apply to you! :)
Apply today and receive a
$10 Bonus Rewards Certificate and a Barnes & Noble tote bag
as our special gift to you just for using your card for the first time!
While you are there..........here is the
latest SALE and coupon for them CLICK
HERE FREE S&H w/ purchase of two items AND $10/50 with
code: Z35JQBQ
expires TOMORROW 7/30 so get it while you
can!
AMERICAN
EXPRESS: i was
always under the impression that you had to be RICH to have AMEX and that YOU
ALWAYS had to pay an annual fee AND that you had to pay your balance EVERY
month etc............etc.............BUT I WAS WRONG for many years! Now I
happily earn REWARDS thru their BLUE PROGRAM here
is the link to check it out!
DISCOVER...........used
to be my fav. card but you have to WAIT a year to collect the $$ from the
rewards...........so now I use others "ahead" of them.........but
from time to time they do send you a GOODIE saying USE OUR CARD and make 2
transactions and we will credit your card XX amount of money.........that is
when I say YEP ...........Discover Card is my card of the month!!!!!!!!
TRAVEL
mbna no
annual fee........here is a list of their current rewards...........1 point is
equal to 1 dollar........if you are "charging" your mortgage this
shouldn't take long to accumulate! I can't yet.......but hope my bank
will join the CC thing soon!
2500= car rental
5000= free hotel night
25000 = one free airline ticket 48 states
35000= airline ticket anywhere in north
america
50000= fly to EUROPE
HERE IS ONE THAT I LIKE! GREENPOINTS use
your Charge card to earn GREEN POINTS..........like GREEN STAMPS used to be
........kinda...........they are hooked up with SOME grocery stores (none in
my area yet) to earn even more here is a list
LOWES
CARTERS
CARTERS
FOODTOWN
SHOP N SAVE
COUNTY MARKET
TIDYMANS
RED FRONT
earn 10 points for every $1 you spend w/
your REWARDS CARD and your GREENPOINTS CARD!!!!!!!!!!!!!
WANT 10 FREE MOVIE TICKETS
for getting a CREDIT CARD???????????
go HERE
and fill out membership (free for one year) get 1000 points for
joining and then you will be asked if you have a SONY CARD............if you
dont you are in luck you will get an offer to join with GOOD
REWARDS..........including 10 free movie tickets as one of the
choices............CASH IN!!!!!!!!!!! (cancel the rewards program after
a year- then rejoin later!) SEND INVITATIONS to your friends to join
this..........every one you SEND you get 50 extra points and 50 more if they
join to the max. of 1000 points you can get !!!!!!!!!!
FREE
GIFT CERTIFICATE $25.00 (you
choose WHERE you want it from list of about 5 or 6 choices)
Home Depot is what I chose! REGISTER and
then when you get ready to leave the site you should get a pop up......for the
offer if you don't ............don't dispair.........this often comes and goes
and is listed often when you log in!
AMAZON is in the midst of getting a CREDIT
CARD with REWARDS.........stay tuned for details!!!!!!!!!!!!!!
DONT HAVE A CREDIT CARD but would like one
for ONLINE PURCHASES????????
FREE to use as a credit card and can
be funded from your bank LIKE A DEBIT CARD
STORE CREDIT CARDS:
most of the time you get a % off purchase for applying for and using these
cards. They are VERY easy to get. I have gotten in MY OWN NAME
when I didn't have a job, zero income and didn't list my DH on them.
This is an excellent way for people with NO CREDIT to get credit!
having and using STORE credit cards has
REWARDS...........I "forget" these cards and use my
"main" cards often but I know people who DONT forget them and REAP
well from them. A list of Credit Cards that GIVE REWARDS from stores:
STRUCTURE
mens clothing: MANY free items offered during the year........just bring in
your (offer) Card .......usually rec'd in the mail and buy anything and you
get HIGH VALUE free item. I have gotten: Bookbags, Watches, Boxers,
Belts, and Shirts all FREE w/ any purchase at STRUCTURE.........(% off item
when you apply for card as well)
EXPRESS:
get $15 off any purchase cards in the mail for having card (or other like
offers)
LIMITED
LIMITED TOO
all have similar offers as above but
often their FREE $$ is restricted to NON sale items
VICTORIA SECRET:
FREE panties, Free H&B product
SEARS: the
EASIEST card on the planet to get........for those that have NO CREDIT or
BAD CREDIT (from years back) should apply here to start some GOOD CREDIT
they offer % off purchase when you get
card and send SALE flyers out with coupons in them WE LOVE their famous
$5.00 on ANY PURCHASE coupons! *this card is also a VISA
card
GASOLINE
CARDS...........be careful with these THEY HAVE THE HIGHEST INTEREST
of all of my cards............so NEVA NEVA NEVA keep a balance on these
cards...........they are GOOD for keeping up w/ gas expenses and often offer
rewards for joining ...........but you do not want to carry a balance on
these cards if you can help it.........well even then you don't if you
absolutely have to use.......pay it off with another card if you cannot pay
the balance they are usually 21% and MORE!
TARGET card
is good for % off one purchase and then occasionally they send sales to you
.........I have never gotten any thing else from them or used it either NO
INCENTIVE ...........many stores do this so be on the lookout when you
are making a purchase.........do they have a card you can apply for that
will save you $$ you want to do it if so.........pay it off immediately and
then don't use again unless they REWARD YOU!
KOHLS is
another one that offers good % but they often will have a promo ........use
your card this weekend and if you spend $50 get $10 GC..............THAT is
a good time to use!!!!!!!!!
LINENS AND THINGS HERE IS ONE that
offers POINTS AND %
TOYS R
US............DO THIS ONE!!!!!!!
it is a VISA
card and you get $$$ back for every so much you spend I USE THIS ONE
LOTS!!!!!!!!!!!!!!!! but remember you want to PAY THEM OFF in order to
MAKE $$ from them.............find the application in the STORE.........I
got a $10 GC just for joining and then you start earning!
**********MANY BANKS offer incentives from
time to time to JOIN or USE their cards.......look for the offers and LET US
KNOW when you find them! I am ALWAYS interested! EASY EASY
REWARDS!*********************
IF YOU HAVE HUGE CC DEBT or need to
RE-ESTABLISH CREDIT I SUGGEST THIS WEBSITE..........this is a NON PROFIT
ORGANIZATION as indicated by the "org" at the end of the url.........but
there are things that "cost" on the website......there are also
several FREE ITEMS...........see below
GREAT WEBSITE to check out........lots of
information for those that need help with finances,
click on FREE for the following
FREE
........DEBT SUCKS bumper sticker for SASA (self addressed stamped envy)
FREE Software
college cost estimator
mortgage estimator
mortgage amortization
big finance (caluculates investments etc)
FREE publications to
download
FREE consultation w/ debt
experts
FREE newsletter
click on ONLINE CALCULATORS for the
following
2. Debt Terminator sm - Try our big credit card payoff calculator which will let you enter multiple credit cards. The truth will shock you.
3. Debt Eliminator ® - This calculator will show you how much money and time you are wasting by not paying your debts off wisely. Use this one to find out how quickly you can be debt free without increasing your total monthly payment one penny.
hope this article was helpful................I always put the NEW offers I find in the NEWSLETTER and the ANJIE NOTES on the SITE................so stay tuned for MORE!!!!!!!!!!!!!!!!!!!!!!!