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prepaid credit cards

Credit Cards, Financial, Financial Management, Financial Services, Financial Solutions, Money, Personal Finance

Credit-Land.com Announces New 0 Balance Transfer Citibank Review

Leading credit review portal, Credit-Land.com, announces updates to all 0 balance transfer credit card reviews including the CitiBank Platinum Select Mastercard and Discover More cards.

As U.S. consumers continue to gain financial traction from the recession, the demand for 0 balance transfer credit cards continues to increase. Credit-Land.com announces the release of a fresh review of the CitiBank Platinum Select Mastercard now featuring 0% interest for 21 months. The Citibank card includes no annual fee and competitive rates after the introductory period lapses.

Not all site visitors credit scores are perfect, however, the need for quality credit card offers is no less significant. Credit-land.com now provides prepaid credit cards and other fair credit offers for shoppers with an average payment record and FICO score between 620 and 659 including the Capitol One Mastercard and six additional quality programs.

Of the number of balance transfer credit cards reviewed on Credit-Land.com, the Discover More card offers one of the largest number of months of 0% interest after the CitiBank credit cards. The Discover card features no annual fee and an industry leading APR similar to other top offers reviewed on the portal after the introductory period has elapsed.

Johnson Polk from Savannah, Georgia writes, “I just have not had any luck trying to find a quality new credit card offer to transfer my existing high balance from my college card. Using Credit-Land.com, I was able to find the perfect offer that is saving me a ton of money in interest fees while I pay down my card.”

Credit-Land.com staff are committed to publishing the most competitive credit offers for site visitors. Company experts continue to assess existing and emerging special offers for site visitors to ensure consumers can find the best credit offers possible.

Via EPR Network
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Advantages of Xmas Sale Shopping Using a Prepaid Card prepaidcreditcardsuk.org.uk

The Christmas sales are now well under way so out come the credit and debit card, but new statistics show the prepaid credit cards can offer better protection and service than traditional plastic brands.

Online visits to prepaidcreditcardsuk.org.uk have increased significantly over the last 6 months as traditional shoppers, turn away from credit and stick to debit shopping in order to keep debt to a minimum.

Prepaid credit cards come in all shapes and forms, and some cards like the now notorious Kardashian prepaid card have given this form of spending a bad name.

However the reality is that many prepaid cards actually offer significant advantages over credit purchases and some even offer money saving deals and even free phone credit.

For example the Escape card which retails at phones4u offers cashback on purchases made at GAP, USC, Littlewoods, Argos and Avon and many other stores online.

More importantly than getting cashback on purchases a prepaid card allows you to budget far more easily and not spend more than you can actually afford. For example if you have a monthly income and you want to make sure that you don’t overspend you can load a prepaid card with spending money and this will stop you never overspending.

And finally as online fraud is becoming more sophisticated a prepaid card can offer an additional layer of protection when making purchases online by minimising the risk as you only have a set amount of money in your account at any one time.

prepaidcreditcardsuk.org.uk is a UK based comparison guide offering the latest information about prepaid credit cards for the United Kingdom.

Via EPR Network
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Bankruptcy, Banks, Checking & Savings, Credit Cards, Financial, Financial Services, Financial Solutions, Loans, Money, Personal Finance

Prepaid Credit Card Market Expected To Rise £4.5billion By 2010 In Light Of The UK Credit Crunch

As the credit crunch hits the UK, Fairinvestment.co.uk, leading online comparison site, announces that prepaid credit cards are no longer just for people who have bad credit histories, and could be the answer to those who are looking for the functionality of a credit card but want to avoid the risk of debt.

“A prepaid credit card offers a simple, effective and safe way of paying. You top up the card with money and then use it to pay for goods, safe in the knowledge that you can never go overdrawn or into debt,” explained Phil Alcock, credit card expert at Fairinvestment.co.uk.

There are currently about 2.3 million prepaid credit card holders in the UK, and this figure appears set to keep on rising as people realise the benefits of a prepaid card – by 2010, the prepaid credit card market is estimated to be worth around £4billion with more than 7 million prepaid card holders*.

Because prepaid credit cards offer the same functionality as a credit card but without the risk, they have generally been associated with people who have bad credit histories and who have found it difficult to get a normal credit card. Although prepaid credit cards still offer this valuable service, they are increasingly being used by people who could easily get a standard credit card but choose prepaid for their flexibility and convenience.

Prepaid credit cards are a good method for making online payment, this is because the only money that is at risk is what is loaded onto the card. The Optimum Prepaid Master Card has been specifically aimed at people concerned about the security of online spending.

Anthony Graham, Marketing Director at 360money, the prepaid network behind Optimum, commented, “People are increasingly worried their banking details might fall into the wrong hands when they purchase online, and with good reason. Optimum allows people to enjoy all benefits of shopping online without having to fear of fraudsters accessing their banking details.”

Prepaid credit cards are also a very good budgeting tool – users can pick their limit, load it onto the card and that becomes their budget. It is for this reason that they have become very popular with parents who want to give their children financial independence but limit their spending power.

“Parents looking for a way to educate their children to be responsible with their money find that prepaid cards provide an excellent teaching method because they give the child the chance to be independent and even purchase goods online, but there is a strict budget in place. This can be handy for everyday life, or perhaps if a child is going on a school trip where they need cash,” said Mr Alcock.

Prepaid cards, which can be used all over the world, have also seen a hike in popularity as families begin to use them on holidays abroad to keep their holiday spending in check.

The currently available prepaid credit cards are also highly convenient as they can be topped up at designated retailers, online, in banks, via BACs and then spent in store, online, at cash points and anywhere in the world with the Maestro acceptance mark.

About Fair Investment
www.fairinvestment.co.uk, is an independent online finance portal, providing comparison tools, including a free prepaid credit card comparison service, personal finance news, reviews and information on a wide range of financial products and services, including insurance, credit cards, mortgages, loans, savings and investments.

Fair Investment Company is a leading internet player that sees 400,000 unique users per month, sells over £5 billion worth of mortgage enquiries and is a Hitwise 100 Banks and Financial Institutions site.

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Banks, Business, Credit Cards, Debit Cards, Financial, Financial Services, Financial Solutions, Loans, Money

Prepaid Debit Cards for everyone by Sterling Card

Sterling Card have been officially accredited by MasterCard as issuers of their prepaid credit cards and are definitely a brand within the personal finance industry to keep an eye out for and their new website illustrates just this with its stunning graphics and flash animation along with simple interfaces making signing up for prepaid credit cards easier than ever.

Prepaid cards (other known as pay as you go debit cards) are a relatively new product to the UK market and are the perfect solution to the mounting debt crisis that the country faces as unlike traditional credit cards they do not carry hefty interest charges or the risk of getting into debt.

A prepaid MasterCard means that like a pay as you go mobile phone, holders need to put money on their account before they can use it. It is not a debit card that is linked to a bank account or credit card where holders pay for their transactions at a later date allowing its users to easily control their spending. Similarly to pre pay mobile phones, Sterling pay as you go debit cards can easily be “topped up” for free in UK Post Office branches or alternatively can be recharged online, via standing order, or direct by paying in wages onto the card. Alternatively, top-ups can be loaded onto the card in one of 500 retailers nationwide.

Michael Valentine, operations director of Sterling Card comments: “Getting a Sterling Prepaid Debit Card is the best way to enjoy the freedom and security of a MasterCard credit card without the risk of running up debts as there are NO interest fees. Also no bank account is required to get a Sterling Card and customers still get the same fraud protection as a conventional credit card. It is also ideal for travelling abroad because regular banks may charge exorbitant cash withdrawal, exchange rate and transaction charges.”

The Sterling Prepaid MasterCard is accepted globally in stores and online in approximately 25 million locations and 1 million ATMs wherever the MasterCard acceptance mark is displayed. Also the chip and pin facility means that having a Sterling Card is far safer and more secure than carrying cash around with the same protections against fraud that a normal credit card offers.

This makes owning such a card not only ideal for everyday use, but also a particularly useful tool for travelling and shopping online. Another increasingly popular use for pre pay debit cards is for parents to have added peace of mind by giving an additional card to their children whilst at University. This is because they can feel safe in the knowledge that their children are not creating more debts for themselves while at University than necessary with a secure MasterCard that encourages them to manage their finances sensibly.

Unlike many other Prepaid Credit Card providers, Sterling Card’s new website is uncomplicated with everything explained in plain English. The new website lists the core benefits of applying for prepaid debit cards as follows:

• Top-up at a Post Office(R) branch or online for free
• 100% acceptance guaranteed*
• No credit history required
• No bank account required
• No hidden charges
• Stylish MasterCard design
• Accepted wherever the MasterCard acceptance mark is displayed (internationally)
• Great security for all Internet usage
• Easy online application
• Same protection against fraud that card holders would expect from a normal credit card

For more information or to apply online for a sterling card please go to www.sterlingcard.co.uk

Via EPR Network
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