Credit cardA credit card is a payment card issued by the bank granting the holder the opportunity to benefit from the loan amount granted on the limit. All payments made by credit reduce the amount available limit on the card.
For the issue of credit cards usually do not need to open an account in the bank. Normally every month the customer can receive an extract of the transactions together with information on repayment. In most cases, it is omitted to reduce the cost of credit cards, using the internet to log on to your bank account where you can view all transactions.
Places associated with the credit card interest is calculated, but almost every bank shall specify the period in which the customer did not pay for the use. Most credit card transactions must be made to the 25th day of the following month. This means that the customer can be up to 55 days interest free.
ExampleThe customer made a non-cash transaction 1.07.2008 (paid card, and did not choose the ATM) on 1000$. Dated 31.07.2008 made other non-cash transaction in the amount of 500 $. To 25.08.2008 will have to repay the debt 1500$ not to pay interest (depending on the bank at around 20% per year).
The amount of the interest-free period lasted 1000PLN 55dni, and only for the amount of 500 $ 26dey (by the time the customer does not have to pay off the card without paying interest), or obtained credit respectively for 55 and 26 days without interest charges.
Hence the simple conclusion that if you make credit card transactions and there is no rush, it is worth waiting to start next month in order to have a longer grace period than pay at the end of the month.
Most banks now charge a fee just for using your credit card in a year. This is usually the amount of 100-$ 200. However, there are opportunities to be free (depending on the bank where the account is a credit card):
transactions will be charged to the card on the order of 10.000-30.000 per year
based on the history of bank account (regular income to the account of the best)
There are promotions for students
Some banks give a card with a low limit without any certificates
negotiations - in some banks has become common that the credit card has no annual fee
If you regularly repaying the credit card, often it is used, the bank is probably going to call a few months later with a proposal to increase the limit on the card.
Good credit cardsIf you open an account through my website, you can get a credit card Millennium for free. The annual fee will depend on how much you spend:
The value of card transactions in the 12 months Service charge card
over 12,000 $ 0 $ from 8,000 to 12,000 $ 35 $
below 8000 $ 65 $
In an extreme case, you can cancel before your credit card, so as not to incur the cost of the annual fee specified.
Currently, the Millennium Impression have a card which entitles you to a 5% rebate on money spent in Carrefour, Empik or many other stores and this is one of the best options on the market.
For people with fewer opportunities recommend mbank where almost almost anyone can get a card with a limit of up to $ 500, which at the beginning is more than enough.
Check out prior to the application of the fee table.
Also recommended to me Alior Bank , which seems to be a very attractive offer.
Order cards online for anything you have not committed. You get the phone, and you can find out about all the confusion. Then you come to the courier, so I do not even have to leave the house
PS. Cheapest bank account is definitely in mbank .
Debit CardsDebit card is a credit card issued to a bank account. You must have funds in your account to use it. Heavy burden for the account holder for the amount of the transaction at the time of its execution. The transaction amount can not exceed the balance of funds available on the account of the card holder. An increasing number of debit cards, which can make transactions over the Internet.
Credit cards in bettingFees for deposit by credit card or debit card with bookmakers is usually 2-3%. But there are some bookmakers as Sportingbet , who do not charge a deposit / payment by credit card.
It is a very useful tool as an injection of funds betting or gate free transfer funds to Moneybookers . But be sure to use the card only when you are sure that you will have the means to repay the debt in full time!