Transaction Fees

Annual Fee: Not all credit cards have an annual fee. You can expect an annual fee on most secured credit cards, some premium credit cards, charge cards, and subprime credit cards.

The amount of the annual fee varies. It can be as low as $0 or as high as $500, depending on the credit card.

Regular Purchase APR: This is the amount of interest that the issuer will add to the balance on revolving debt, known as the annual percentage rate. Please be aware that they can fluctuate; they can shift from as low as 10% to as high as 35% based on your creditworthiness. So, before signing the contract, review the credit card applications for any specifics regarding the interest rates, as they will be stated in the terms and conditions.

Intro Purchase APR: There are several low-interest credit cards offering 0% intro purchase APR. A 0% intro APR offer means that you won’t have to pay interest on your purchases for a specific time period. Depending on the credit card offer, the 0% intro APR can last anywhere from six months to over a year, then the regular purchase APR applies. 

Balance Transfer Fee: A balance transfer is when you pay off the balances on existing credit cards or loans by transferring them to another credit card account. You usually will pay a fee of 3% to 5% of the amount you plan to transfer. For example, if your balance is $5,000, a 3% fee would cost you $150.

Regular Balance Transfer APR: The best balance transfer rates could be offered by credit card companies to new cardmembers, and usually are 0% or low APR offers for an introductory time period. After that -- often six months to a year or occasionally more, the interest rate will increase to its regular rate(often 10%-30%).

Cash Advance Fee: For cash advances, most companies charge a flat fee($5-$15) or percentage of the transaction(3%-5%) – whichever is greater. For example, a typical cash advance fee is the greater of $10 or 5%. So, if you take out a cash advance of $100 under these terms, your cash advance fee would be $10 since 5% of $100 is only $5. On the other hand, if you take out a cash advance of $500, your cash advance fee would be $25.

Overview

Are you in need of a credit card? Are you worried that your limited/bad credit score could prevent this from happening? Alternatively, are you concerned that your average credit rating score means that you will not receive the best credit cards available on today's market? Well, if you have any of these worries, TheCreditWiki are happy to help.How do we do this? We have accumulated and rated popular credit cards using our unbiased criteria. This criterion includes features, rewards, expenses and financing costs.

Choosing a Card

We understand the components required when it comes to choosing the right credit card for you, to ensure that it precisely fits your budget and lifestyles. If you decide to use our help when you are selecting the 'right' credit card for you, we will ensure that you will receive the best possible deals.Selecting a credit card has never been easier. We strive to provide understandable information, rather than jargon to ensure that you will always know what to expect from each credit card offer. We will make you aware of the banks that secure the credit cards and will ensure that you do encounter any hidden costs or "surprises" which might jeopardize your financial progress.

Credit History

TheCreditWiki can help you regardless of your credit history. It doesn't matter if you have average, bad or limited credit at all we can find a solution for your needs. Please utilize our comprehensive know-how about the credit card industry to your advantage. We will advise you on whether or not specific credit cards will have annual fees, and what you need to expect when you are accepted. We will supply an outline of the regular purchase APR clearly, as well as providing you with the 'scoop' on the up-to-the-minute reward types and rates.

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