Your Credit Card

Visa Black Card Review

James — Mon, 22 Aug 2011 09:38:32 +0000

The Visa Black Card is an exclusive, high end credit card designed for those with a seriously good credit rating. The black card is certainly not for everyone, it is probably only suitable for less than 1% of the U.S. population.

Quick Info:

Credit Limit: Varies
Introductory Rate: 0% for 6 Months
Regular APR: 14.99%
Cash Advance APR: 25.24%
Late Fees: 30.24% penalty APR
Annual Fee: $495
Grace Period: 23 days

The card its self is even exclusive – made of carbon graphite it’s got a unique, expensive feel that that sets it apart from other cards on the market. It’s also fairly indestructible as a result. Of course the biggest reason you would want a Visa Black Card is the exceptional 24 hour concierge service that you get. As the card is marketed at simply the elite they are able to provide an outstanding level of customer service – catering for even the smallest and most bizarre of requests.

Visa Black Card Qualifications/Requirements

In short, in order to qualify you need nothing less than an excellent credit rating. You are likely going to have to prove your previous income levels and a standard requirement is that you generally spend more than $50,000 on credit cards each year and have a perfect credit score to go along with it.

Other Features

24 Hour Concierge Service
Carbon Card
Exclusive rewards program
Travel Benefits
Purchase security and extended warranty
VIP Airport Lounge Access

Discover Motiva Card Review

James — Thu, 30 Jun 2011 18:45:12 +0000

This credit card is great in that it gives you up to 20% back on purchases from selected retailers. Obviously this will only really benefit you if you shop at those selected retailers so check first. Otherwise, the card offers a generous 0% for 15 months and a decent rate thereafter depending on your credit background. The other fees are fairly standard and the grace period is towards the better end of typical.

Quick Info:

Credit Limit: None
Introductory Rate: 0% for 15 Months
Regular APR: 11.99 – 20.99%
Cash Advance APR: 23.99%
Late Fees: Up to $35
Annual Fee: None
Grace Period: 25 days

American Express Green Card Review

James — Thu, 30 Jun 2011 18:34:30 +0000

The American Express Preferred Rewards Green Card is unique in that there is no interest rate – you have to pay your balance off at the end of the month or get hit with late fees. This may seem to defeat the point of a credit card but there is an attractive rewards package available and the green card is a secure alternative to paying with cash. You also don’t have a credit limit, rather your credit allowance will increase as you improve your standing with American Express over time.

Quick Info:

Credit Limit: None
Introductory Rate: N/A
Regular APR: None
Cash Advance APR: N/A
Late Fees: $35
Annual Fee: $95, first year waived
Grace Period: 20 days

Chase Freedom Card Review

James — Thu, 30 Jun 2011 18:18:55 +0000

The Chase Freedom card is a good all round choice with an especially good cash advance APR of 19.24%. There is a 0% introductory rate for a total of 6 months which is generally a bit shorter than other cards but no credit limit and reasonable late fees. Chase also have a good system that can provide you with customized emails in order to track your spending, monitor your balance and view previous statements.

Quick Info:

Credit Limit: None
Introductory Rate: 0% 6 Months
Regular APR: 11.99 – 22.99%
Cash Advance APR: 19.24%
Late Fees: $15 to $35
Annual Fee: $39
Grace Period: 20 days

Capital One No Hassle Cash Rewards Card Review

James — Thu, 30 Jun 2011 18:12:27 +0000

The main benefit of the Capital One No Hassle Cash Rewards Card is the 24/7 “no-hassle” travel and emergency assistance the card offers. The credit card is only available at a single set APR regardless of your credit rating so it may be wise to see what you can get first elsewhere to give you a base. The travel cover is reasonably extensive however and will generally cover most travel breakdowns and minor emergencies.

Quick Info:

Credit Limit: None
Introductory Rate: 0% November 2011
Regular APR: 17.90-22.90%
Cash Advance APR: 24.90%
Late Fees: $15 to $39
Annual Fee: $39
Grace Period: 25 days

Discover Open Road Card Review

James — Thu, 30 Jun 2011 18:00:37 +0000

The Discover Open Road Card is a popular credit card that offers a very generous introductory rate period and a reasonable regular APR thereafter. Like all Discover cards, you get access to the financial educational system which some may find useful. There is also a especially good fraud prevention team and system in place that offers support at all hours of the day. You can also get email alerts to warn you if you exceed or near your credit limit.

Quick Info:

Credit Limit: $50,000
Introductory Rate: 0% 12 Months
Regular APR: 11.99-20.99%
Cash Advance APR: 23.99%
Late Fees: Up to $35
Annual Fee: None
Grace Period: 25 days

Discover Miles Card Review

James — Thu, 30 Jun 2011 17:42:48 +0000

While the Discover Miles Card has a slightly lower 0% APR period, the main benefit in using this card is that you can gain Air (or Fly) Miles while making normal purchases. Otherwise the card comes with all the usual features plus a few extra in the form of a educational program online that aims to educate users how to better use their card in the safest way possible. Discover also will send you email reminders designed to help you avoid late fees.

Quick Info:

Credit Limit: None
Introductory Rate: 0% 6 Months
Regular APR: 10.99-16.99%
Cash Advance APR: 23.99%
Late Fees: Up to $35
Annual Fee: None
Grace Period: 25 days

Citi Platinum Select MasterCard Review

James — Thu, 30 Jun 2011 17:24:03 +0000

The Citi Platinum Select MasterCard is another popular card from Citibank. One of it’s main features is the long 0% APR on balance transfers and purchases – at 18 months. The rate does tend to vary quite dramatically after this point though from 11.99 to 20.99%. One other nice feature of the Platinum Select is the virtual card number you can request by logging in to your online account – essentially this is a fake number to prevent your details being stolen when shopping online.

Card Info:

Credit Limit: None
Introductory Rate: 0% 18 Months
Regular APR: 11.99-20.99%
Cash Advance APR: 21.99%
Late Fees: $15 to $39
Annual Fee: None
Grace Period: 20 days

Discover More Card Review

James — Wed, 29 Jun 2011 11:45:59 +0000

The discover more card is one of the most popular credit cards this year for good reason. It is ideal for those looking for cash rewards without any interest on balance transfers (0% for 18 months, 3% fee). There are no annual fees and a range of excellent support and educational features that come along with the card. You will require an excellent credit rating to apply for this card however.

Card Info:

Credit Limit: $50,000
Introductory Rate: 0% 15 Months
Regular APR: 11.99-20.99%
Cash Advance APR: 23.99%
Late Fees: Up to $35
Annual Fee: None
Grace Period: 25 days