Transfer Your Credit Card Balances Successfully

| Total Words: 504

A credit card system is a type of retail transaction settlement. It is named after the small plastic card issued to cardholders. A credit card differs from a debit card wherein, money is deducted from the users’s account on every transaction. In the case of credit cards, the issuer offers a credit for a secified amount of time to the consumer.

Credit cards are also different from a charge card, which requires the balance to be paid in full each month. In contrast, credit card holders can ‘revolve’ their balance with an additional interest being charged on it. Most credit cards follow the ISO 7810 standard and are of the same shape and size.

Credit card transfer is an equitable way of managing ones credit card debt. The transfer of balance of one credit card to another often helps with the Teaser Rates or the introductory rates that are generally offered by major credit card companies a couple of times a year. Usually, teaser rates last for either 3 or 6 months once the card is received. An interest rate is levied depending upon the offer available on the card (which may vary from 0% to up to 9%). It relieves the cardholder of a substantial amount...

To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...

** PLR to VIDEO: Create Awesome Videos From PLR Articles... FAST!...