Joshua Shapiro asked:




The HESS Gas Card is the ideal reward credit card for those that are looking for the benefits of getting gas as their reward. If you frequent HESS, HESS Express, or WILCO HESS gas locations, then this credit card may be the right choice for your. You should have very good credit to qualify for these rewards, though.

The HESS gas card provides you with some pretty good rates as well as rewards. First you get an interest rate that is competitive. You will start with an introductory rate of 0% for six months that is applied to all purchases and balance transfers that happen in the time frame. After that time period, you are going to get 13.99% APR variable on purchases, a good rate. For cash advances, your APR is that of 23.99% variable.

If you carry a balance on your credit card, you will not benefit from the two cycles average daily balance method as this penalizes those that do carry a balance. There is no annual fee, though on the card. There is no set limit for credit so you will be able to get as much as you qualify for.

The reward program is quite beneficial to those that are HESS gas users. You will get a rebate between 1% and 10%. You get 10% rebate on all HESS, HESS EXPRESS, and WILCO HESS purchase during your first 90 days. After that, you will get 5% on these purchases and 1% on all other purchases. There is no expiration and there is no yearly limit on these either rebates either. Your actually rebate percentage is based on your specific qualifications so make sure you check this out.

If you shop at HESS locations, the HESS gas card is the ideal choice for you. You will save money on these purchases and be able to take advantage $500,000 in travel accident insurance, extended warranty and purchase protection as well as emergency card and cash replacement.

Curtis

Andrea Stiles Pullas asked:




What is an ITIN?

An ITIN is assigned by the Internal Revenue Service (IRS) to individuals who are not eligible for a Social Security Number (SSN) but have earned taxable income. You can apply for an ITIN when filing taxes or when opening a savings account in the United States. ITINs are nine digit numbers, similar to the SSN, that begin with the number 9 and are generated to be used as identification for tax purposes.

Aside from tax payments, an ITIN can also be used to access financial services. Some banks may take the ITIN as part of your identification when you apply for a bank loan or credit card. However, there are limitations to the use of an ITIN from a legal standpoint. The ITIN cannot replace a Social Security Number (SSN), especially when it comes to working rights. The placement of on ITIN on work documents constitutes fraud.

Using an ITIN to Build Credit

Many financial institutions will accept an ITIN as a form of identification to apply for loans and credit cards. By using your ITIN number to apply for loans or credit cards you can begin to establish a credit history in the United States.To make sure that your records get reported correctly with credit reporting agencies, it is important to understand how the agencies operate. The three largest credit bureaus, TransUnion, Experian, and Equifax, compile a person’s credit history by obtaining information from their creditors such as credit card companies and financial institutions.

They use personal information, such as an SSN, birth date, address, and full name to compile a credit report for each individual. An SSN is a unique number and helps the agencies recognize and verify identity when receiving personal credit report information from

creditors.

When the bureaus receive credit information about an individual with an ITIN number it is possible that they will utilize a combination of their name and address to verify their identity. Therefore, if you are building a credit history with an ITIN number, be sure to always use the same spelling and your full name each time you apply for credit. For example, if Carlos Diaz opens a credit card with Chase and then opens a credit card with Citibank as Carlos Ramon Dias, there may be confusion. The credit agencies might create two different

credit reports - one for Carlos Diaz and one for Carlos Ramon Dias. In addition, each time you change your address it is best to update it with each creditor to ensure that information from your creditors is reported correctly.

Tip: Tax season is a great time to apply for your ITIN. Many free tax preparation sites for lower income individuals will help you apply for free.

Sources:

www.irs.gov

www.nedap.org

Melinda

Eric Morris asked:




There are many sources where you can file a first time credit card application. These include banks, credit companies and other agencies. The Internet is the easiest way to locate your preferred credit card company.

When applying for a credit card, most companies need information such as name, age, address, social security number, any former address of yours, occupation, employer, and annual household income. These details are adequate for the credit company to verify your credit history, which is the major criterion for approval or rejection. Annual percentage rate (APR) often varies with your credit score. That is, a high score will get you a low APR.

Most first credit card application forms contain certain clauses written in fine print. Company salesmen are often outspoken about the advantages of their transactions. But these fine prints often carry conditions that are disadvantageous to you. One important thing to check is the APR. Most credit companies tempt you with a low initial APR score. Remember that it is the long term APR you should weigh most, not the short term.

A US citizen who is 18 years of age or older (the limit is lower in some states) has the legal right to demand a credit card with any US bank. Generally, credit card providers do not want a bank account to get a card. It is also possible to request many credit cards at a time. But multiple applications can affect the credit score negatively.

With great competition existing in the credit card market, most credit card providers look for an easy means to attract new businesses. They provide special gifts on many occasions such as Christmas and holiday shopping seasons.

Debra

Joseph Kenny asked:




If you have bad credit, you may be under the impression that you are not able to apply for a credit card. While it is true that you may be rejected from getting certain credit cards or loans, there are options available for those who have bad credit. Since a sizeable percentage of the population has bad credit, this has created a market which many banks and credit card companies have tapped into.

Your credit report is a reflection of your credit history, and it is very important when you need to apply for a car or mortgage. There may be situations where you will need a credit card to complete a certain transaction, and if you have bad credit you will run into problems. There are a number of options available for those with bad credit who want cards. Secured credit cards are one good option. A secured credit card allows you to deposit money into the account which you can then use.

Instead of borrowing money from the credit card company, you use your own money. You will not be allowed to go over the amount you place on the card. Despite this, you may have to pay the credit card company a fee in order to use their cards, and this is how their money is made. A secured credit card can be used to make any of the purchases you can make with a unsecured credit card. A prepaid debit card is another option that is used by people who have less than perfect credit.

If you are a student in college, an option may be available for you called a secured student credit card. These cards will allow students to begin building their credit while they’re still in school. Students who use these cards are prevented from going over their limit because they can only spend money which they’ve placed on the cards. It is important to remember that you won’t get the best deals or rates if your credit is poor. However, we live in an electronic age, and it is difficult to conduct many transactions without having either a debit or credit card.

Secured credit cards are a great way to allow you to make transactions while you continue to rebuild your credit. If you work hard to repair your credit, you won’t be in debt forever, and using these cards will allow you to easily make electronic transactions.

Charles

Adam Singleton asked:




Rising levels of bankruptcies amongst young people has prompted calls from debt management specialists Debtmatters to raise the legal minimum age for applying for UK credit cards to 21. By doing this they hope that people will take the issue of being in debt more seriously, and realise the dangers of being in heavy debt so young.

Debtmatters operations director Michael Shirley is worried about the shift towards reliance on funding lifestyles on credit cards. He said: “We are living in a buy now, pay later culture in which many people consider being in debt to be perfectly normal and nothing to worry about. ” Believing that people develop the habit early on, Shirley thinks that delaying the ability to get credit card deals until later in life is a good way of instilling better financial discipline. He points out that reckless spending earlier in life coupled with high interest rates can create a burden of debt that is almost impossible to remove, leading to crippling financial situations that could give rise to bad debt ratings and even bankruptcy.

Shirley added: “Raising the age at which young people can legally access credit cards would provide a short-term solution and allow us time to agree a sustainable long-term solution.” Regarding that long-term solution, Shirley believes that financial management classes educating youngsters about financial independence and the dangers of accumulating debt, should be run in schools, colleges and universities.

Barclaycard, while not going so far as to ridicule Debtmatters call for the raising of the legal age, suggested that cards were vital for helping students through their studies. “Cards can be a lifeline for students managing a tight budget,” said Barclaycard UK cards managing director Amer Sajer. “They can help students make the most of their time at university as well as establishing a good credit record - but only if used sensibly.” he added.

However, ‘using them sensibly’ is the key, agree both Debtmatters and Barclaycard, but unfortunately the evidence suggests that many youngsters don’t. And that starts with the application process were many don’t compare credit cards and the benefits they bring, considering things such as affinity or reward schemes far more important than the interest rate they will have to pay on outstanding balances. Many are also quite happy to run up debt paying huge amounts of interest each month, while only repaying the minimum amount.

Students believe that their debt is only temporary as it will be repaid once they get a job upon graduation, and in many cases that may well be true. However, with the average 2006 graduate leaving university with a debt of

Morgan Hamilton asked:




A balance transfer credit card application doesn’t always tell the whole story, unless you read it carefully. People looking to transfer balances are either looking to save money on their current high interest charges or are trying to consolidate their existing debt.

In many cases they can accomplish both of theses goals at the same time. There are, to be sure, many advantages to paying off the current balances you have. Some cardholders are paying 25% or more on their respective cards. That is, for lack of a better word, insane.

You can suffer from vertigo looking at those high APR fees. If you have a good credit rating then your options are many. All the major credit card companies offer balance transfer deals that can save you hundreds, if not thousands of dollars in interest payments.

Do a search on a secure web site such as Find-Cards-Now.com and you will see that banks like Chase Manhattan, Citibank and Bank of America offer some very attractive choices. They will even feature 0% APR balance transfer credit cards that compare favorably with each other.

Discover Card and American Express are also major players in the balance transfer market. They offer great financial incentives to switch credit card issuers. But you must understand that when you see zero percent interest offers they are always introductory offers.

They do not last for the life of the credit card. Credit card companies are not in the habit of lending money for free. These offers will run anywhere from 90 days to one full year. I have seen some that are good for 15 months. The Advanta Platinum Business Card is one such offer.

These introductory rates lead me right into my point about the “secrets” of the balance transfer credit card application. While we all know that the introductory rates will expire in time, many people do not factor in the fees charged by the various credit card companies.

There is no shortage of choices in finding cards with no annual fees, virtually all issuers will charge a fee on balance transfers. There really is no avoiding this charge. It usually runs around 3% and in many cases will be capped at $150.

Meaning that no matter how much you are transferring, you will not have to pay more than the allotted maximum. Using a credit card calculator will give a ballpark figure of what you will be paying in interest.

Simply factor in the transfer fee and you will get a pretty good idea on how much you are saving. Truth be told, there really are no balance transfer credit card application secrets. Read the terms carefully and you will know exactly what kind of savings to expect.

Joanne

Morgan Hamilton asked:




Most kids can’t wait to get that first credit card. While it can be an exciting moment in a young adult’s life, it is not something that should be rushed into without doing some homework first (after all you are students). Research the criteria and terms of the card, set some limits for yourself and, if applicable, admit that you’re not ready for the responsibility. The purpose of this article is to discus the questions you should ask yourself before filling out a student credit card application.

Am I Old Enough? This one may seem like common sense but every year credit card companies send pre-approved applications to seventeen years olds enrolled in college. If you are not 18 than it is not legal for you to have a credit card, even if the company sends you a application.

Are The Terms Reasonable? The main terms you want to look at are the annual percentage rate (APR), the late and overdraft fees, the grace period offered by the company, and whether or not there is an annual fee attached to the card. The APR on student credit cards usually aren’t very low so just shop around the lowest you can apply for. Late and overdraft fees (which you shouldn’t have to pay if you stay responsible) are usually pretty much the same. Avoid cards with no grace period since you’ll end up paying too much in interest and never get a card with an annual fee.

When Will I Use This Card? Idealistically you should only use your card for emergencies. Get a debit card or pay cash for everyday purchases and impulse buys (if you can afford it). If you state that you will only use the card for emergences, go one step further and define what an emergency is. If you consider a pizza craving on Friday night an emergency, stay away from credit cards for a while. Remember to do this before filling out the student credit card application, not after you have the card in hand when the temptation may be too great to resist.

Can I Really Handle This? In other words, have you been responsible in the past? Have you usually been good with money, saving until you really needed or wanted something? Or does money seem to burn a hole in your pocket until you just have to spend it on something, anything at all?

Judy

Morgan Hamilton asked:




Getting a Master Card can be exciting. But before you even fill out the credit application, there are a few things you should know about the card you are applying for. The interest rate, grace period, fees and cash advance polices are all important terms that should determine whether you apply for the card or throw the application in the shredder. This purpose of this article is to discuss the various terms that you should understand before filling out a Master Card credit application.

Annual Percentage Rate (APR)

The APR, or annual percentage rate, is the rate the credit card companies use to calculate your finance charges for the month. The higher this rate is, the more interest you will have to pay on your charges. If you are one of the few who actually pay off their credit card balances every month, you do not need to be concerned with APR. If, on the other hand, you are like most of us and carry a balance from month to month, you want to find a Master Card with the lowest APR possible.

Grace Period

Next to the APR, the grace period is the most important term you need to understand before filling out your Master Card credit application. The grace period refers to when a company can begin charging interest on the charge you make. Most cards have a twenty-five day grace period. If you pay off your balance before twenty-five days, you don’t have to pay any interest. Avoid cards that do not have a grace period because they will charge you interest from the moment you purchase something with the card.

Cash Advances

Credit cards usually allow you to take out cash advances. This is money that you get from the ATM and is counted against your credit limit. Credit card companies normally charge a higher interest for cash advances on top of charging a transaction fee. While you shouldn’t take out cash advances anyway, it’s important to understand these terms before applying for a credit card

Additional Fees

Other fees, including late fees, over-the-limit fees and annual fees should be investigated before applying for a Master Card. Late fees and over-the-limit fees can be avoided by paying your bill on time and not charging more than you pay each month. Never get a card with an annual fee, it’s like paying for the privilege of using credit.

Eugene

Morgan Hamilton asked:




Filling out a 0% interest credit card application is a wonderful way to save money. It most especially makes sense if the 0% APR is also good on balance transfers. Of course, whenever you see a zero percent offer you must realize that it is an introductory rate.

Credit card companies are not in the habit of lending money for free. The introductory rate for most charge card offers lasts between 6 to 12 months, although I have seen some that are good for 15 months. The Advanta Platinum business card comes to mind.

The reason that most people seek a zero percent card is that they are trying to consolidate debt on one or more credit cards that they are currently paying high interest rates on. And why not? It’s the smart the thing to do. If this is your motivation then please take the time to look over the terms of service and payment policy outlined by the bank or issuer.

In some cases the 0% interest credit card application will stipulate that the offer is only good for new purchases and not credit card balance transfers. If you are planning on making a sizable purchase and would like some time to pay it off then this type of deal is an excellent option to consider.

As long as you pay off the entire amount in full before the introductory period lapses, well then you just had the benefit of a free loan. Pretty smart way to go. You must have a solid credit history to qualify for theses types of cards. If you do have a good credit rating then there are no shortages of offers to choose from.

All of the major credit card issuers offer 0 APR deals. No matter if you prefer Visa, Mastercard, American Express or Discover Card, they all have many charge cards that come with zero interest rates. You will want to pay attention to fees charged. If the issuer wants to charge you an annual fee then just move on to the next one.

There is no way you should have to pay annual fees on a credit card, unless it is accompanied by some other extraordinary benefits and rewards. The vast majority do not. Be sure that the 0% interest credit card application that fits your financial needs does not have any hidden terms or conditions that may prove expensive down the road.

Lawrence

John F Smith asked:




Many car owners are trying to meet both ends just to get by with the increasing problem in gas. Most of them instead of using their own cars will just have to commute, but still end up in large expenses. Fortunately we have solutions for it. Thanks to the gas credit card. Also known as the gas rebate card, gas credit card is actually a credit card type that significantly offers rebates on each gas purchases. You can avail this in both major credit card companies as well as from specific fuel companies. It provides the account holders with great discounts for the purpose of saving money in every gas purchase or gas transactions that they do.

There are actually two types of gas credit cards, the first type is usually offered by the gas company or the fuel stations that offers rebates on gasoline purchases by issuing such card in the particular fuel company or gas stations. The second type is the ones that is issued by the credit card companies but is not connected to any particular fuel station. It provides gas rebates in every gas purchases in any gas stations. One of the companies that offer this kind of gas credit card is BP. How you can avail this card?

Simply acquire a BP gas card application form to a particular station. You can also apply online for easy registration. There are actually may websites that provides essential information as well easy step by step instructions on how to avail a BP gas card application. So check them out now!

Darrell