Credit Card Machines

  Credit Card Machines  - 5 important reasons why people apply for credit cards  - May 7, 2007  

Credit cards are an inevitable reality in modern financial world. Many factors prompt people to acquire credit cards . The five most popular reasons are listed in this article, not necessarily in that order.

1. No need to carry cash. The plastic does it all.

Imagine carrying a 10000 bucks in your pocket. The anxiety, insecurity and simply the bulk will keep on nagging you. People like to avoid this feeling and a credit card helps them achieve this.

2. Rewards, rewards and more rewards

Cashback, travel, airmiles, stay in hotel, special stores discounts, you name the rewardt and the credit card companies have it. Coupled with a great customer service program, this becomes a big factor luring people to take credit cards.

3. Convenient online shopping and purchase protection

Secure online transactions have created a boom in online spending. Credit cards are the most favored means to pay and buy things online. The 128 bit security offered by secured sites have made people believe that online transactions are the safest. Add to this the chargeback, and payment protection things even get better. Other people apply for a credit card for the reason that the products they purchase will have protection from the credit card company. This usually is the case when something has happened with the item you have paid through the credit card and the credit card company will pay for the loss by reimbursing the amount.

4. To help with money in emergency situations

Credit cards can be used to withdraw cash from ATM machines, which are available at numerous locations. Though, it is not advisable to withdraw cash using credit cards because there are heavy fees and transaction charges to pay but, people do so because the demands of the situation are too overwhelming.

5.Establish a credit history

They way you use credit cards and repay your balances are recorded by banks and reported to credit bureaus. This builds the credit history. People with good understanding of finances use their credit card wisely and build up a solid credit history. On the contrary those who use credit cards recklessly will somehow find themselves penalized in their credit reports.

There can be other reasons why people take credit cards, but the above mentioned factors are most favored by people to take credit cards

  Credit Card Machines  - 10 unbeatable reasons why prepaid credit cards are best for bad credit   - Mar 13, 2007  

When your credit is less than perfect,  getting a fresh credit card is becoming increasingly difficult and if you are able to get one, it comes with skyrocketing interest rates. A prepaid credit card is a good alternative  to these high interest, bad credit credit cards . Prepaid credit cards are convenient, easy to use, and come with a host of features which make them ideal for those with bad credit. Not convinced? Read on. The following 10 unbeatable reasons will change your perception forever.

1. Qualify Easily:

Have a history of bad credit and are unable to obtain a mainstream credit card? Tired of answering questions about your checkered credit history? Look no further. Prepaid credit cards offer  100% Approval -  and bad credit is okay. All-Access® Visa® Prepaid Card and  ElitePlus Prepaid MasterCard® Card are some of the prepaid cards which welcome bad credit people with open arms. The Eufora MasterCard® Card - The Income Opportunity Card gives Guaranteed Approval†.

2. No Checks:

Forget those employment verification and bank account credentials. Just deposit the money and have a prepaid credit card. Companies issuing The VIP Visa Prepaid Cash Card, VUE PrePaid Visa® Debit Card , The BuyRIGHT Prepaid MasterCard®  and ElitePlus Prepaid MasterCard® Card etc.won't ask you a thing about your employment and will be more than happy to issue a prepaid credit card.

3. No Upfront Payment:

Don't have money -- no problems.  The All-Access® Visa® Prepaid Card has No Upfront Payment - and no minimum balance requirements, while the Wired PlasticTM Prepaid Visa® Card also says --No Upfront Payment Required — Receive your new Visa card in as little as 3 days. So what are you waiting for?

4. No Monthly Bills:

Fourth unbeatable reason to have a prepaid credit card is that there are no monthly bills to pay. The important thing with prepaid credit cards is that you are using your own money to buy goods and services. So the bank doesn't charge you any interest and you have no liabilities at the end of every month. This gives a lot of relief to people who get jittery when they receive their monthly credit card statement.

5. Deposit Cash Directly:

No need to run to the bank every week to deposit cash -- direct deposit is here. Prepaid credit cards often have the ability to allow you to directly deposit your check onto your card. This eliminates the need of frequent visits to the bank. All-Access® Visa® Prepaid Card gives FREE Direct Deposit - make payday faster and safer, while the Wired Plastic Prepaid Visa® Card offers Convenient Loading Options — Free Direct Deposit or add cash instantly at over 100,000 retail locations nationwide. This makes  it very easy to have ample funds in your account.

6. Fast Processing:

No credit-check, no employment verification and near- nil documentation makes getting a prepaid credit cards very quick. In some cases all you need is to fill an online application and the card arrives at your doorstep within days-- not weeks or months. For example the Wired Plastic Prepaid Visa® Card says No Upfront Payment Required — Receive your new Visa card in as little as 3 days. No more waiting!!

7. Financial Discipline:

Prepaid credit cards are a very good way to promote financial discipline. Remember the borrowing spree on credit card? There you could spend money that you didn't have and then pay hefty interests to fill up the credit card companies coffers. All this ends with prepaid cards because you spend only what you have in your account, hence no debts and wise spending. This financial discipline helps a lot in the long run.

8. Accepted Worldwide:

With the The BuyRIGHT Prepaid MasterCard® you can Get cash at over 900,000 ATMs worldwide , and have  24/7 ATM Access to Funds.  The First Vineyard MasterCard® is  Accepted at 30 Million merchants & One Million ATM machines. No need to worry about acceptance. You will have the money when you need it. Most prepaid credit cards can be used where Visa or MasterCard are accepted.

9. Establish Your Credit:

Some prepaid credit card companies report your payments to the credit bureaus and thus can help you rebuild your credit without paying high interest charges on credit cards. The improvement in spending habits will also help improve financial discipline which will be of tremendous help in rebuilding your credit ratings.

10. Rewards and Freebies:

Many Prepaid credit cards come with rewards programs and freebies. These programs help you earn cash as well as get free services for using your prepaid card. For example the Wired Plastic Prepaid Visa® Card has a --Earn 1 point for every $1 spent. It also offers redeem points for; LD Phone Calls, Prepaid Wireless Airtime and Music Downloads. On the other hand  All-Access® Visa® Prepaid Card gives FREE Savings Accounts, FREE Instant Transfers to cardholders and FREE Account Alerts to its customers.

Impressed with prepaid credit cards? Listed below are Top 10 Prepaid Credit Cards which will help you achieve your financial goals. Please remember to read the terms and conditions associated with each card before you apply. This is the wisest thing to do before owning any prepaid credit card as you know what you are getting.

Top 10 Prepaid Credit Cards


1.

All Access Prepaid Visa

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Features and Benefits

  • 100% Approved - no credit check and bad credit is okay
  • $10,000 Load Capacity - reloadable at retailers nationwide
  • No Upfront Payment - and no minimum balance requirements
  • FREE Savings Accounts - higher rate than most national banks
  • FREE Instant Transfers - send money to other cardholders
  • FREE Account Alerts - email or text messages on account activity
  • FREE Direct Deposit - make payday faster and safer
  • Online Bill Pay - pay bills to anyone at any time, online
  • Extra Cards - on the same account for family members or yourself

2.

Wired-Plastic-Prepaid-Visa-Card

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  • No Upfront Payment Required — Receive your new Visa card in as little as 3 days
  • Overdraft Safety Program — Qualify to receive up to a $1500 cash advance directly to your card!
  • Rewards Program — Earn 1 point for every $1 spent, redeem points for; LD Phone Calls, Prepaid Wireless Airtime and Music Downloads
  • Integrated Bill Pay Service — Pay any bill online or over the phone, even if they don't accept credit or debit cards.
  • Convenient Loading Options — Free Direct Deposit or add cash instantly at over 100,000 retail locations nationwide.

3.

The-Buyright-Prepaid-Mastercard

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  • Get cash at over 900,000 ATMs worldwide
  • Pay your bills online or over the phone
  • Eliminate payday hassles with free direct deposit
  • Accepted at millions of MasterCard locations worldwide
  • NO credit checks
  • NO employment verification
  • NO monthly or annual fees

4.

Homeland-Prepaid-Visa-Debit-Card

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  • Pay your bills over the phone
  • Set up Automatic Bill Payments from your Visa®
  • Send Money to Friends and Family. (Buy 2, real-time card-to-card)
  • Save postage costs and time in paying Bills
  • Keep your Money safe - No more need for Money Orders or walking around with cash in your Pocket
  • Direct Deposit from your Employer

5.

The-Vip-Visa-Prepaid-Cash-Card

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  • No Credit Checks
  • No Turndowns*
  • No Annual Fees
  • No Security Deposit
  • No Employment Required

6.

Vue-Prepaid-Visa-Debit-Card

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  • No Credit Checks
  • No Turndowns*
  • No Employment Required
  • No Security Deposit
  • No Annual Fees

7.

Accountnow-Vantage-Debit-Mastercard

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Perfect alternative to a checking account!

  • Debit MasterCard®
    • Keep track of your monthly spending
    • Make purchases online & offline
    • NO need to carry cash
  • Free Direct Deposit - Save hundreds!
    • NO more check cashing fees
    • FDIC Insured Deposits up to $100,000

8.

Elite Plus Mastercard

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Benefits

  • No More Check Cashing Locations.
  • Stop losing your Income ($$).
  • Toll-Free Phone Support.
  • Online and Offline Access.
  • Take your card from Job-to-Job.
  • Direct Deposit from your Employer.
  • Low cost fees.
  • Store your Money Safely.
  • Easy to Purchase (POS).
  • 24/7 ATM Access to Funds.
  • No Credit Check or Bank Account Required
  • No Security Deposits
  • No Employment Verification
  • Keep your Money safe - No more need for Money Orders or walking around with cash in your Pocket
  • Pay your bills over the phone
  • Eliminate check-writing hassles
  • Avoid late-payment fees
  • Save postage costs and time
  • The cardholder may only withdraw funds or make purchases up to the balance on the card. You cannot overdraft the account. There are no late fees or interest charges.
  • 24 X 7 On-Line Account Access

9.

Eufora-Mastercard-Card

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  • Guaranteed Approval†
  • No Credit Check
  • $5,000 Maximum Card Balance
  • Cash Rewards Program
  • Auto Sweepstakes
  • 5 Ways to Load Funds
  • MasterCard® Benefits

10.

First-Vineyard-Credit-Card

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  • Receive cash back from your own spending
  • Receive cash compensation from the spending of anyone in your compensation tree.
  • Live debt free and receive compensation for your everyday spending.
  • Reload your card directly from your payroll or bank account
  • Powerful Online Account Management
  • Online Bill Payment service included — Pay your bills directly with our powerful bill payment service
  • Card Accepted at 30 Million merchants & One Million ATM machines
Important: Please read the terms and conditions of prepaid cards carefully before applying. †See website for terms and conditions.