What is a secured credit card?
A secured credit card is where you put money on deposit as security in case you default. Your credit limit is = the money you put on deposit. That money on deposit cannot be used to make your credit card payments. You don't reload the card; that's a different type of card. You use a secured card just as you would a normal credit card. A secured card can help to build credit as your payment history is reported to the credit bureaus my most (but not all) card issuers. You still need to prove you have the income to make the payments on the card. A reloadable card is closer to a debit card or gift card in function. You can only spend what's left of the value on the card. You deposit more money on the card to add more value to it. You don't have to pay any of it back as you would with a credit card.
How do I get a secured credit card while living on SSI disability?
You can apply the Bank of America, then deposit $300 which you will get a secured credit card until 9 months or 1 year, it will refund back to you. The secured credit card will changed to the platinum credit card, but I am not sure if this year 2011 change the policy. Or you can apply your local bank if they accept you it depend on your credit report. I deposited $300 in my secured credit card until 9 months, I got refund back then it changed to platinum since 2 half years while I am on SSI. and everything is fine with me.
I want to get a credit card... what th best bank to do this?
To choose your fist credit card: Look for a card that has good benefits. Good benefits may include low interest, promotional interest rates, no annual fee, no bank service charges, air travel bonus miles, credit points toward purchases, credit points toward long-distance phone calls, or credit points for gasoline. If offered a promotional interest rate, find out the terms of payment and when the rate will expire. Most cards apply payments to lowest interest charges first, leaving your higher interest charges to collect interest until the entire amount is paid off. Ask if there are fees and charges. There may be an annual fee, an application fee, an account service charge, an over-limit fee, a late-payment fee, a cash advance fee, and other miscellaneous fees. Compare these fees to other cards to see if they are trying to rip you off. Check the interest rates. Some cards charge interest from the date of purchase. Some cards charge interest from the billing date. Pay all of your bills on time to avoid paying interest. Find out if the card offers a standard monthly billing cycle. Some cards expect a payment every two weeks! Ask if there is a penalty for not using your card. Apply. There are usually three ways to apply: through the mail, over the phone and on the internet.
Is the Jet Blue credit card worth getting?
I travel all the time with Jet Blue airlines and I received a notice to get the credit card. I'm 22 and I think it would be a good idea to build my credit. But at the same time I am not trying to put myself in debt later on. So what are the pros and cons of having this card? Is it worth getting?
Can i rent a car from enterprise with a secured credit card?
Yes you can. Each rental typically has a $200-$300 deposit requirement above the estimate for the actual rental period and amenities desired. They HOLD the full amount until a day or two after you return the car. If there are late charges or damage noticed on return, it is deducted from the deposit. This way you tend to be more responsible with other people's property. The hold is released pretty quickly, but you have no access to the $200-$300 while the HOLD is in force. If it's a one day rental, that $300 is enough. Any longer than that, you're up against your secured limit.
What's the best credit card to get in US?
Out of the thousands of credit cards in the US market, there's no single best card for everybody - there are many great options. Picking between them requires you to figure out what you want to use the card for (i.e. maximizing rewards or minimizing interest payments or consolidating debt) and then optimizing for that goal.NerdWallet has narrowed down the list to our Top 10 favorites, with cards from each of those categories.I recommend reading the article, but here's the overview:Best rewards cards:Best for travel: Chase Sapphire Preferred®Best for everyday spending: Blue Cash Preferred® Card from American ExpressBest for bonus categories: Chase Freedom®Best for cash back: Citi®Double Cash CardEasiest travel redemption (tie): Barclaycard Arrival Plus™ World Elite MasterCard®Capital One® Venture® Rewards Credit CardFor people who carry a balance:Best for balance transfers: Chase Slate®Longest 0% APR period: Citi Simplicity® CardFor less-than-perfect credit:Best for fair credit: Barclaycard Rewards MasterCard®For businesses:Best business card: Ink Plus® Business Credit CardFor students:Best for students: Citi ThankYou® Preferred Card for College StudentsHope this helps!