Shell Credit Card

  Shell Credit Card  - Fees for not using the credit card and 3 other lesser known credit card related fees  - May 15, 2007  

Credit card companies associate various different fees with the credit card. These fees increase the cost of credit card ownership. A close scrutiny of the terms and conditions associated with the credit card will definitely make the credit card owner aware about them. But, if they find it too cumbersome to read all the document, they can simply ask their credit card agent about it and get the facts straight. This article takes a look at a few not-so-common credit card fees.

Fees for not using the credit card

Yes, strange it might sound, but some credit card companies charge you for not using that plastic. Being, inactive for a particular period the credit card doesn't earn them sufficient money, so to recover part of their loss and 'motivate' you to use the credit card regularly they slap a fees for not using the credit card. The details of this particular fees is buried deep in the fine prints and unless you ask specifically to the credit card agent, chances are good that you might never discover it until it shows on your credit card statement.

Overseas fees

Going abroad? Make sure to checkout overseas fee levied on your credit card. Again, written in fine prints this fees is particularly common with airline and travel reward credit cards. The owners of these credit cards frequently travel to destinations abroad so they are perfect candidates  to bring extra revenue to the credit card company. Sometimes it is also called foreign transaction fees.

Cash advance fees

Not a single credit card is issued in today's world without a cash advance fee in its terms and conditions. Credit card companies simply don't encourage to withdraw cash from ATM's using your credit card. So a cash advance fee and heavy cash advance APR's are slapped on the credit card owner. This fees is divided by the credit card company and the ATM owner company. But finally it is the credit card owner who has to shell out all the sum.

No-balance fee

If you are not able to maintain a particular level of balance in your credit card account, be prepared to shell out a no balance fee. Those with bad credit find this fee in their credit statement because in many cases their credit card is linked to a bank account and lack of sufficient balance in that account, coupled with poor credit history make credit card companies jittery and to counter the risk and 'encourage' credit card owner to keep their accounts in good standing they slap a no balance fees.

These fees increase the cost of credit card ownership. A close scrutiny of the terms and conditions associated with the credit card will definitely make the credit card owner aware about them. But, if they find it too cumbersome to read all the document, they can simply ask their credit card agent about it and get the facts straight.

  Shell Credit Card  - The legendary Black American credit card demystified  - May 26, 2007  

The legendary Black American credit card has an aura of mystery surrounding it. It has been talked about in high profile circles, and has been the exclusive posession of a select few. Here we take a look at some of the known facts about this credit card.

The Black American credit card, is also called the 'Centurion card' and it has a cool black mystical design - great enuogh to inspire a cult.

This credit card is so exclusive that it is offered to select celebrities super rich by invitation only.

The Black American credit card is the ultimate level of credit card status surpassing the platinum level by a huge huge margin.

There is no pre-set spending limit on the Black American credit card.

It is the most expensive credit card in this world with an annual fee of $2500.

Though the offer is by invitation only, it is not free to enroll, actually one has to shell out a sum of $5000 just for enrolment with the Centurion credit card.

To qualify for the Black American credit card a person must have excellent credit history and has to spend a minimum of $250,000 within 12 consecutive months.

The benefits of Black American credit card are also stellar,personal shoppers at high end boutiques, free night stays at leading hotels worldwide, personal concierge with your account and complimentary upgrades on variety of transatlantic flights are just a tip of the iceberg of benefits.

Impressed? Go ahead and indulge in some lavish spending, who knows American Express might take notice of it and invite you for a Black American credit card membership.

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