Maintain your old Siemens Hipath system

How To Save Money On Credit Cards

Some credit cards offer a cash advance option. But how good a deal is this?

Not very. In fact, it can be downright expensive.

Why?

Because every time you use your credit card to withdraw case, more fees kick in:

  • Cash advances can carry an upfront fee of 2 percent to 4 percent of the amount advanced.

  • The advances have a higher interest rate than regular card charges.

  • Interest charges begin to mount as soon as the money comes out of the ATM.

  • Many issuers also require you to pay down the balances for purchases before you pay down the higher-interest cash advance balance.

Here's an example of how these fees kick in:

Assume you bought a television for $500 on your card and then took out $50 in cash. Even though you pay the $50 back the next day, you still lose your interest-free period because the credit provider deems you pay the cash back last.

As a result you will still owe the $50, but you will now only owe $450 on the $500 worth of purchases.

You'll continue to forfeit your interest-free period up until you have completely paid back the full $550. Any future purchases will still be ahead of the $50 in the payback line.

The lesson is simple: Avoid using your credit card to withdraw cash wherever possible. You'll save money as a result!

About The Author

Paul Davis is financial writer and contributor to http://debt-elimination-4u.com. Stop by and pick up your FREE guide on how to get out of debt now at: http://debt-elimination-4u.com/get-out-of-debt.htm

In The News:

'No stone left unturned' as New Zealand plans inquiry into terror attack
Mon, 25 Mar 2019 06:28:00 +0000
New Zealand has announced plans for a royal commission - a powerful form of public inquiry - into the events leading up to a deadly attack on two mosques in Christchurch.

Trump did not conspire with Russia, Mueller report finds
Sun, 24 Mar 2019 19:41:00 +0000
The Mueller investigation has found no evidence that Donald Trump's campaign "conspired or coordinated" with Russia to interfere in the 2016 presidential election.

Cyclone Idai: People starve along the 'road of suffering'
Sun, 24 Mar 2019 21:39:00 +0000
According to the map, this stretch of highway is called route number six.

Apple streaming? Big reveal expected at special event
Sat, 23 Mar 2019 13:21:00 +0000
Apple is expected to make a grand product announcement at its special event later - and it may be the culmination of years of rumoured deals with Hollywood stars.

Starving Venezuelan children forced to feed off rubbish dumps
Sun, 24 Mar 2019 14:23:00 +0000
The swarm of flies gives the game away.



tikatoshop.it

Erfahrungen mit Pallhuber Wein
Agen Bola SBOBET Terpercaya

Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

Credit Repair Companies and Credit Counseling

Let's be crystal clear, right up front. Paying someone to... Read More

To Repair Credit Is No longer Satisfactory - Learn How To Earn A Millionaires Credit In 30 Days...

To repair your bad credit does not necessarily mean that... Read More

Credit cards

If gold medals were awarded for marketing consistency, the credit... Read More

Credit Report Disaster Through Mistaken Identity

I've got some very important info I want you to... Read More

Finding and Applying for the Right Credit Card Offer Online

Anywhere you go online nowadays, you will see a multitude... Read More

Bank Robbery Growing In U.S.

Bank robbery has grown to become a huge problem in... Read More

The Ghost of Expected Surprises

Here, Cratchet, what do you think you're doing?Uh, er, leaving... Read More

Student Credit Cards

STUDENT CREDIT CARDS With graduate debt averaging... Read More

Credit Score: The Brightest Feather In Your Financial Cap

Credit scores are the most important aspect that determines your... Read More

Avoiding Credit Card Traps

The next time you open your credit card statement, take... Read More

Can Credit Search Entries Affect Your Ability to get Approved for a New Loan in the UK?

About Search Entries:Every time a lender checks your credit history... Read More

Compare Credit Card Offers and Reward Yourself

Here's a simple system on how to pay zero interest... Read More

Cash Back vs. Rewards Credit Cards

Ah, the sweet rewards of using credit!Not only do you... Read More

Top 7 Factors to Consider While Reviewing Credit Card Offers

Credit cards have migrated from being hip or convenience product... Read More

Credit Card Balance Transfers Can Help You Stop Putting Money Down The Drain

As you probably know, interest rates are at all time... Read More

All Is Fair In Love, War, and, Your Credit Report - At Least It Should Be! Understanding the FCRA

Fact: Over 150 million Americans have credit report with the... Read More

How A Prepaid Debit Card Can Help You Rebuild Your Credit

Consumers today are up to their eyeballs in debt. And... Read More

Legislators Ponder New Credit Protection Laws

Legislators in Washington, D.C. are considering several credit-related consumer protections... Read More

7 Surefire Ways To Repair Bad Credit

Do you have a poor credit rating? If so, you... Read More

Top 5 Reasons To Check Your Credit Report Regularly

#1 Make sure mistakes aren't hurting your credit.Reviewing your credit... Read More

Good Credit Is a Necessity for Everyday Living

Most of us want a good credit report to obtain... Read More

Do you Know the Benefits of Checking your Credit Report?

Do you know why you should check your credit report?Of... Read More

Credit Cards for Home Business

It is wise for you to have a company credit... Read More

Stop Struggling Because Of Poor Credit And Improve Credit Rating Now

Did you apply for a personal loan only to be... Read More

Debt Collection Agencies

Debt collection agencies are often a viable option for receiving... Read More