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Monday, April 13, 2009

Credit Card: Visa Credit Cards

Visa is one of the most known credit card companies, the Visa symbol is known worldwide. There are many different types of Visa credit cards offered, and this article will review some of them to give you a better feel for the company.

Visa credit cards are not actually distributed by the Visa Company, merely banks that back up the Visa standard, so rates may be different.

The Visa classic is one of the most commonly seen credit cards. It is an ideal first card that is simple, flexible, and usable worldwide. Many different banks issue this type of card.

The Visa secured is a great way to begin to build credit, or help re-establish bad credit. By placing down a deposit, you can effectively guarantee that you will be approved for this card.

For those with established history, the Visa Gold can be the next step up. It generally features lower APR rates and higher credit limits. For those in the higher echelon of the credit world, the Visa Platinum is a standard for credit excellence. Featuring phenomenally low rates and high credit lines, this card is the who’s who of Visa credit cards.

Remember, make sure you can afford monthly payments before you mount up any debt, that will you will continue to improve your credit rating, and can gradually get better offers on cards and any kind of credit. You will also be more likely to be accept for much lower interest rates, such as 6 month 0 percent annual interest rates.

After finding out about the various types listed here, you can generally figure out which card is right for you. Simply find a bank that offers the card, and you’re well on your way to becoming a Visa cardholder!

1 comment:

  1. Totally agreed, the monthly payments can get you if you don't budget for them.