Mario Churchill asked:


With all the types of credit cards available in the market today, it is very confusing as to which kind of credit card you should choose. There are the regular credit cards, the gold credit cards and then there are the platinum credit cards. You would also want to choose which credit card payment system is suitable for you.

One type of credit card is called MasterCard. A MasterCard credit card is one of best credit cards available in the market today. With rates and rewards that you can greatly benefit from, you would really get attracted to a MasterCard credit card.

There are also different kinds of MasterCard credit card that you can choose from. If you frequently use your credit cards to make a purchase, Platinum MasterCard credit card is the perfect choice for you. Platinum MasterCard has advantages over other types of credit cards and can work for your advantage if you have this type of credit card in your wallet. Platinum MasterCard credit card is a very useful tool, inexpensive and can really accommodate your needs as a consumer.

One advantage of a Platinum MasterCard is that annual fees are non existent. An annual fee is what a credit card company, like MasterCard, charges you by using the card. In Platinum MasterCard, you don’t have to pay a single cent on annual fees.

Without an annual fee, you won’t feel obligated to use it since you won’t be charged for anything that you don’t use. This means you can control your spending.

MasterCard is one of the most widely accepted cards by merchants all over the world. This means you can use the Platinum MasterCard to pay for purchases anywhere you are in the world that accepts credit cards.

If you are a Platinum MasterCard holder, you will qualify for a significantly higher monthly credit limit. This means that when time comes that you need big purchases you can do so with a Platinum MasterCard. Also, with a higher credit limit, you can be sure that this particular card can help you in almost any spending situation.

However, in order to be qualified for a Platinum MasterCard, you need to have a considerably good credit rating. Without a good credit rating, you will find it hard to get a Platinum MasterCard or get rejected in your application. It is therefore wise to think of your credit rating first before you apply for a Platinum MasterCard.

If you are sure that you have a good credit rating, try applying for a Platinum MasterCard. Once you get approved, you will see all the benefits that you can have with a Platinum MasterCard.

So, if you need a credit card with no annual fees, higher credit limits, a very useful card, you can find it all in a Platinum MasterCard.

With a Platinum MasterCard, you can be sure that you will have something to turn to in case you need to purchase anything and anywhere in the world.

All you need to do is maintain a good credit rating and you will indeed qualify for a Platinum MasterCard. Once you get a Platinum MasterCard, you will see the difference from a regular credit card. So, the next time you are considering getting a new credit card, try to think about Platinum MasterCard. This will work for you and can really give you that extra leverage in spending you need.



Theodore

Ann asked:


I’m trying to build my credit. I recently turned 18 and I want to apply for a reliable, low-interest rate credit card. Which one would you recommend from experience?

Edwin

extisc asked:


An older family member of mine has a large amount of credit card debt and their only major asset is the house that they currently live in. From what I’ve read it seems that creditors will liquidate all of their assets including the house in order to try and cover the debt upon their death.

One of their children wants to purchase the house or assume the mortgage from them now and become the new owner. If the house is sold/transferred in this manner and no longer belongs to my older family member with the large debt, will creditors try to come after her child upon her death?

The house is located in Florida.

Chris

rlacy916 asked:


I would like to know about collection laws in California. If my girlfriend had a dispute with a credit card company and didn’t pay the $5000.00 balance, can they get a judgement against her and take that money out of our business account?

Can they take the money out of a trust if she is the beneficiary?

We need asset protection advice!

Lois

Slim asked:


I’m 24 and just bought a new car. I don’t really have credit and was being turned down by credit card companies for lack of credit. So my question is once I begin establishing credit, will I get any credit card offers?

I don’t want or need 3 or 4 credit cards, just 1 main card.

Edwin

Anthony Samuel asked:


If traveling is an integral part of your business, then the combination of Continental Airlines and MasterCard’s small business card might be a perfect fit. Most small businesses find that in order to make moves critical to the growth and expansion of their business, they need to make some extra investment of capital. Office supplies need to be purchased on a regular basis, items need to be purchased over the Internet, employee training sessions need to be paid for, and business trips need to be funded. Applying for a small business credit card will assist you in all the financial needs of your business without costing the extra fees that banks may charge if you use a business account.

The Continental Airlines Business MasterCard has several advantages over other small business credit cards. The most obvious advantage is that MasterCard and Continental Airlines offer the special bonus miles when you purchase items using this card, a significant partnership between major companies. This can come in very handy if you or your employees fly a lot on business trips. You will begin to accrue your miles right away; the first purchase you make with your card will mean you automatically receive 15,000 bonus miles. After this initial welcome gift, you can expect to earn bonus miles on a regular basis. When you use your card to purchase tickets directly from continental, you will receive double the miles on the dollar. With the MasterCard partnership program you can also double your miles when you make purchases at over 10,000 restaurants across both the United States and Canada. The Continental Airlines Business MasterCard even offers users the opportunity to triple their miles through registering at their rewards site.

Most credit cards that combine with airline programs come with several restrictions and caveats attached, not to mention very high APR and no introductory period. With the Continental Airlines Business MasterCard, you are entitled to a six billing cycle introduction period for which the APR is only 7.99%. After the introductory period expires, APR goes up to 18.34%. There is also an annual fee attached to this card; users of this card are asked to pay $75 a year for its use. Fortunately, there is no limit on how many miles you can accrue, nor will your miles expire after a certain length of time.

Those small business owners who wish to consolidate their company spending can also apply for additional cards for their employees. Instead of using their own cards for office supplies and then applying for reimbursement, all of your expenses can be put onto one card to which you will have easy access through quarterly and annual reports as well as consolidated spending reports. Any miles your employees gain through the use of their additional cards will count towards your own total.

The Continental Airlines Business MasterCard offers even more advantages to those users who are also card members. Discounts are offered, and of course all of the benefits of being on the team, such as earning points through purchases made from Continental and Sky Team alliance partners. This business card offers all the protection you would expect from a leading small business card; users are protected against fraud, emergency services and card replacement services are continually available, and you can also use the card to purchase additional travel insurance.



Bobby

Iamready! asked:


If your wanting to show that your responsible with your credit cards to the credit bureaus and that your are someone that other credit card companies, loan people, and any other lenders want to have as a client. Thanks!!!!

Jessie

tc61380 asked:


For example, if I used a cash advance to
1. buy stocks,
2. invest in bonds/fixed income assets
3. “refi” my personal mortgage
4. buy investment property

or any other situations where credit card interest is tax deductible?
Thanks for all you responses. Just to clarify -

Say I borrow $100 from my credit card at 10%.
I owe $110 at the end of the year.

I put this same $100 into a stock (or some other investment). It goes to $120 and I sell, gaining $20.

1. Do I have to pay taxes on $20, or $10 ($20 gain minus $10 interest)?

2. If I didn’t sell, can I deduct the $10 interest against my other income?

Glenn

Richard Gilliland asked:


The J.P. Morgan Chase and Company is one of the leading financial providers in the world. Its list of services incorporates investments and insurance, personal banking, personal lending and many more.

Keeping the modern generation in mind, the Chase Company came forward with the Universal Entertainment MasterCard – a card that brings you fabulous opportunities to enjoy exclusive events and movie shows and also gets you remarkable discounts for universal products and merchandise.

The Features Of The Credit Card

The Universal Entertainment MasterCard provided by the Morgan Company has many attractions. The rewards program offered by the Entertainment MasterCard is every bit tempting. Rewards are based on points.

You earn two points for every dollar spent at the Universal Studio Theme Parks and one point for every dollar spent on general purchases. Your number of points is restricted by the credit limit you enjoy each month. The points that you have earned can be used for private movie screenings, CDs, DVDs and many more.

The Entertainment MasterCard charges no annual fee. For the first six months, you can enjoy 0 percent introductory annual percentage rate on balance transfers and new purchases. After the introductory period expires, the annual percentage rate increases to 14.24 percent.

This feature of the card makes it ideal for customers who intend to make payments in full each month. The ‘Two Cycles Average Daily Balance’ method makes it a wrong choice to carry balances and you will accrue additional finance charges if you carry balance every month. Moreover, you will stand to lose valuable reward points.

Additional Benefits

Like the other cards the numerous benefits offered by the Universal Entertainment MasterCard incorporates auto rental insurance, emergency cash and card replacement, lost and stolen card reporting services and many more.

In addition to all these advantages, the other facilities include free music downloads, access to tickets for opening weekends of Universal movies and other entertainment events. Thus, the first purchase brings along with it the golden opportunity of winning four free movie tickets.

The card by offering great discounted prices will give you ample scope to create your own customized library. The card also brings you exclusive guest benefits at Universal Orlando Resorts and hotels.

The cardholders can enjoy discounts on products, which are purchased from those who are a member of the Morgan Chase network. The customers will also not face any liability for unauthorized transaction. Despite the certain limitations and restrictions, Universal Entertainment MasterCard offers ample opportunities to enjoy many facilities and gain awards.



Frank

Nicky Pilkington asked:


Credit card is known today as the plastic money. But it stretches the limit of a typical paper money. Credit cards increase the buying power of a consumer because of what is known as the credit limit. Payments are made easier because you don’t have to make stops to the billing centers. What’s best is that owning a credit card gives you a worldwide access to cash.

MasterCard is one of the credit cards in the market. Today, MasterCard offers the Automatic Bill Payment. With this, you can now pre-authorize the participating companies to charge your card on a regular basis. This includes your insurance companies, your cable provider as well as your electric and water companies.

What’s good about owning a MasterCard?

1. Avoid the trouble of writing checks. With MasterCard Automatic Bill Payment, you can save time from writing check and the trouble of tracking the issuances you’ve made.

2. No more late payments. Paying your bills will always be on time. Take care of your bills even while you’re working at the office.

3. Keep your money growing. Your money is safe on the bank until the time comes for you to pay your bills. This means the time your money is sitting on the bank, the interest is growing.

Choosing the right MasterCard that would best suit your needs is a must. The following is a list of MasterCard Credit Card Types.

1. Standard. This is the type of credit card for starters. Whether you’re a student or simply starting out on a credit, this is the card that would suit you.

2. Gold. Once you acquired a considerably good credit history, you can now switch from your Standard Credit Card to the Gold Card and enjoy added benefits.

3. Platinum. This card offers the best every card has to offer. Plus it gives you the extended purchasing power for expensive items. You can also earn points that could be exchanged for rewards whenever you use your Platinum MasterCard.

4. World. This is the premium card that embodies your dream about hassle-free spending. MasterCard World offers a no pre-set spending and whole new personalized benefits.

Now let’s check what’s in store for MasterCard Holders…

Enjoy free nights’ stay on selected destinations worldwide. Use your MasterCard to pay for your stay and get another night stay for free!

Nothing beats the feeling of getting discounts and savings! Get favorable discounts on participating merchants and service-oriented shops when you use your MasterCard.



Carla