Banking Rules

Today amongst the highest value credit cards are the auto rewards credit card. By collaboratorating with auto manufacturers, many banks and credit card companies are able to offer more rewards per spending dollar. This is happening just because the auto manufacturers are splitting part of the expense of providing such cards to customers in exchange for advertising. If any individual is interested in credit cards rewards then auto reward credit cards are the best option.

The person should take advantage of the rewards that automotive credit cards offer. Through this cards pair a major credit card company with automotive manufacturers. The card holder earns rewards if you use automotive credit cards to purchase a new vehicle or any products from a manufacturer that is paired with a credit card company. It can also be realized that buying a car with reward points is just not enough. The rewards points are nothing but only for discounts that range from $1000 to $3000. Particular car models are chosen by the manufacturers and that models are included in the rewards system. It is for sure that the rewards systems do not usually include used cars.

It is always better to buy a new vehicle in order to enjoy automotive credit cards rewards. But as the other credit cards, this reward plans have to be studied a little and the cardholder should know the terms and conditions first to utilize the facility. This auto reward credit cards have fees and interest as well. So it is better to chose a card with low interest otherwise the cardholder may end up spending more rather than save money on a vehicle purchase. Benefits from an auto reward credit card come when the cardholder is sure about the vehicle to purchase. Always buy credit card that will fulfill the need.

Platinum Credit Card is offered by various banks such as HSBC Bank, Axis Bank, HDFC Bank etc.

HSBC offers: HSBC platinum card offers you the best in lifestyle, travel, health and wellness.

Features:

It gives two types of welcome gifts: Mont Blanc Pen or a bonus of 5000 Reward Points.

You can get the welcome gift within three months from the date of dispatch your Platinum Credit Card.

The HSBC Platinum Enhanced Rewards Programme offers you 2 points for every Rs 150 spent and reward points validity lasts for 3 years.

HSBC Air Miles Conversion Programme gives you the chance to concert your reward points to air mileage points with its partner airlines.

HSBC Platinum Credit Card’s exclusive rewards redemption catalogue offers you to redeem points for some of the most premium brands in the country.

You will be given Internet Banking ID and Password in order to redeem your points online.

The HSBC Platinum Credit Card comes at an interest rate of only 2.75% per month or 33% per annum.

HSBC Platinum credit card offers a savings of Rs 46,000.

Axis bank offers: Axis bank Platinum credit cards offer its cardholders many privileges:

Highest Level of Security

Premium Wrist Watch

5% Savings on Fuel Spends

Accelerated Rewards Program

Platinum Value Chart

Concierge Service

Access to VIP Airport Lounges

Comprehensive Insurance Cover

Other exclusive Platinum Offers

HDFC Bank offers: The features of HDFC Bank Platinum Plus Credit Card are discussed below:

It has an attractive reward program which offers you to gain 2 reward points per Rs.150 spent.

You can enjoy 0% fuel surcharge on purchase of fuel between Rs 400 to Rs 5000 with your HDFC Platinum Credit Card.

If you lose your HDFC Platinum Credit Card, report it to its 24 hour call centre and get zero liability on any fraudulent transaction with your card.

Interest free credit facility

Revolving credit facility

Utility bills through your credit card

Points Rewards Credit Cards

Points Rewards Credit Cards are really rewarding as it gives the cardholder a chance to redeem his earned point for items like merchandise, gift cards or cash back.

Various Points Rewards Credit Card Offers and their features:

Discover®  More Card:

This card offers 5% Cash back Bonus® in sectors like travel, home improvement stores, department stores, gas, restaurants, pet stores etc.

Upto 1% unlimited Cashback Bonus® on all other purchases.

5% to 20% Cashback Bonus®  through its exclusive online shopping site.

It has an Intro APR at 0.00%*; Intro APR Period of 6 months on Purchases and Balance Transfers; Regular APR at 11.99%; and it needs excellent credit history.

American Express®  Preferred Rewards Gold Card

The cardholder you can earn double membership rewards points on gas and groceries in his first year.

You can earn 10,000 Membership Rewards® bonus points, when you will spend $500 in 3 months.

It needs excellent credit history.

Miles by Discover®  Card

You can enjoy double Miles on travel and restaurant purchases. The cardholder can earn 1 Mile for every dollar on all other purchases.

Redemption offers are open for travel, gift cards, or cash.

Double Miles through our exclusive online shopping site

Visa®  Black Card

Limited Membership

24-Hour Concierge Service

Exclusive Rewards Program

Luxury Gifts

Patent Pending Carbon Card

Travel Lounge Priority Pass

Citi ForwardSM Card:

Up to 2% purchase APR reduction when the cardholder will make a purchase.

6,000 bonus points for $50 purchases made within 3 months of account opening.

5,000 bonus points when you sign up for paperless statements within 3 months of account opening

5 rewards points for every $1 you spend on dining, books, movies and music. 1 reward point for every $1 you spend on other purchases

0% APR for 6 months on both purchases and balance transfers.

Other Points Rewards Credit Cards are:

MTV® Visa® Card From Capital One®

Capital One® Orbitz®  Visa® Platinum

Citi® PremierPass®  Card-Elite Level

Before starting using a credit card it will be always better to go through some reviews and have some initial knowledge about the excellence of a credit card. This will help out in making a well-informed decision. Though the features are as numerous as variety of credit cards but there is a general list that a beginner should maintain. The thing that a person should always notice first must be the interest rate.

After initial purchase, almost all cards give 30 days to make the payment. If the full balance is paid off within the initial time then there is no interest charge because there is no balance left to pay. But in case, if the charges are not paid off then the remaining balance is carried over with an interest rate charge. The current APR and the customer's credit rating are the factors on which the rate depends generally. With most cards, Persons with a good credit rating get a better rate than those with a poorer credit rating. Credit limit is another thing to be taken care of. This is the amount of money chargeable before the credit card company cuts off.

Credit cards for excellent credit often provide a high maximum balance. This amount is the total money to be spent. This should be kept in mind that whether the purchase is not crossing this limitation within which the annual fees have to be paid also. There must be enough money left in the card for the annual fee.  Though this cards with excellent credit has a very low rate of interest. Even a little study can make you find a card without any interest as far as the excellent credit cards are concerned. Cards with excellent credits offer a lot enjoyment through a number of rewards, which will add an extra feather to the benefits.

If someone has a fair credit score that ranges from 581 to 660, then his credit can be considered as a fair credit. Fair credit credit cards are meant to help the cardholder to build his fair credit history. These cards often come with as low as 0% of introductory interest rates on both purchases and balance transfers. Besides, it offers 0% introductory APR or an instant approval decision. In a word, with this card, the cardholder can have the privilege to pay off his debts without any interests. There are many fair credit credit cards, which offer no annual fees. The cardholder can also report to the credit bureau, which can help in building up his credit score to a great extent.

A fair credit credit card does not disown the cardholder in anyway. A cardholder of a fair credit is offered with great reward programs, which can be used as cash back, special exclusive savings or discounts, points towards merchandise, travel, gas etc. Moreover, these credit cards provide the cardholder with immense security and protection with $0 fraud liability, identity protection early warning programs, travel insurance, extended warranties etc.

There are also online programs, offered to the cardholders to learn more about budget, plans, print out reports, and they also can access their account through the 24*7 online management. There are many fair credit credit cards, which are especially designed for the businessmen.

Some fair credit credit cards are listed below:

Discover®  Student Card - Monogram Collection

Unlimited cash rewards

Up to 20% Cashback Bonus®  on online shopping

Personalize your card with a monogram of the initials.

Citi Forward(SM) Card for College Students

Up to 5 points per $1

More than 11,000 in bonus points

Rewards for good behavior with bonus points and up to a 2% reduction in interest rate

TrueEarnings®  Card from Costco and American Express

$25 Statement Credit with First Purchase

Cashback on all purchases including gas, travel, restaurants, and more

No annual fee with paid Costco membership