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INTEREST BEWARE, THERES SAFETY IN NUMBERS! Note: The following is part 2 of a 5 part series, Over the course of these 5 articles, I am going to introduce you to several methods for maximizing the use and benefits of the best Credit Cards and offers on the market today. This information, when used in conjunction with one another, is unlike anything youve ever seen before. I like to call this approach, the 5 SuperCharged Secrets to Credit Card Utopia. Without further Ado, lets continue with Secret #2: SECRET 2: INTEREST BEWARE, THERES SAFETY IN NUMBERS! 1) This secret method isnt for everyone. I would venture to say that this turbo-charged low rate secret is really for those with reasonably good credit. But with that said, you may have good ENOUGH credit, and it doesnt hurt to TRY. If you dont succeed, then youve been blessed with the one thing most people dont have, and thats a GOAL You know what you want, better credit, and there are TONS of resources out there to help you get from point A to point B, much faster then you can imagine. When you get there, this method is for you for sure! Work towards this! Its worth it. 2) If you have pretty good credit, its time to use it to your MAXIMUM ADVANTAGE. Do you like to shop at Costco? I do. I LOVE shopping at Costco. I know it costs me a membership fee every year, but I save money like CRAZY! Why? Because Costco can buy in bulk, and get huge deals from their merchants. You see, theres safety in numbers. Costco Members enjoy the benefit of pooling together their buying power, and extracting huge savings from vendors and suppliers. 3) And here we go! Secret #2 revealed: Take that concept, and apply it to Credit Cards! Interest Rates beware, because theres safety in numbers! Im talking about the big BLUE! Im talking about American Express. Now, most of us who have not yet climbed on board to AMEX are comfy with having a Visa/MasterCard in our wallets. I know. I was one of you at one time. You think its better, because Visa/MasterCard are more widely accepted. Right? Ill grant you that in some smaller ma/pa operations, you may not be able to swipe your BLUE. But other than that, AMEX is widely, widely accepted everywhereWorldwide. 4) Go check it out for yourself. AMEX is generally available at all nationwide chains like department stores, grocery stores, restaurants, and many, many other fine establishments. My wife and I spend money, just like you do. We use AMEX as much as we can, and we dont have a problem with the ability to swipe it virtually everywhere. 5) I believe, firmly, American Express is using the concept of pooled membership, to give you KILLER interest Rates, and amazing perks too. I believe that the benefit of this pooled power is passed on to you, as a member of American Express. How do I know this? Because Im a member, and I can attest that the interest rates are low, low, low! For example, as of todays date, my American Express Blue (no annual fee, by the way) is carrying a 9% interest rate (I also get balance transfer checks all the timeSee Secret 1.) 6) Are there lower rates out there? Well, maybe. But, I dont care. I like the fact that I dont have to go shopping for a low rate. I just KNOW that American Express IS the lowest, if not one of the lowest. Its just so much less work for me as a consumer, to be a member of AMEX. No more shopping around. 7) Go with the Credit Card Company that takes care of the CONSUMER FIRST! . I dont mean to sound like a commercial. I also have a Citibank, and other fine credit cards in my wallet, and our website provides information on ALL major credit card companies, not just AMEX, so I have no vested interest in one over another. But the secret knowledge here is that American Express seems to have the BUYING POWER to consistently give consumers some of the lowest interest rates on the market, and thats what makes them the BEST. 8) Check it out for yourself. Do your own research. Dont rely solely on this writers testimony. Go look around. Compare all the benefits, and the rates, and the rewards programs, and youll see. AMEX has no competition. Not for the consumer, anyway. And in Credit Card Utopia, we always go with the best. As powerful consumers, we come first. We NEVER settle for less. Weve enjoyed providing this information to you, and we wish you the best of luck in your pursuits. Remember to always seek out good advice from those you trust, and never turn your back on your own common sense. Publishers Directions: This article may be freely distributed so long as the copyright, authors information, disclaimer, and an active link (where possible) are included. Disclaimer: Statements and opinions expressed in the articles, reviews and other materials herein are those of the authors. While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. The author will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site. About The Author Tom Levine provides a solid, common sense approach to solving problems and answering questions relating to consumer loan products. His website seeks to provide free online resources for the consumer, including rate-watch, tips and articles, financial communication, news, and links to products and services. You can check out Tom's website here: http://loanresource.org, or you can email Tom at info@loanresource.org. See Also: An Introduction to Interest Rates Interest Only Loans Substantial Savings from Low Interest Credit Cards Mortgage Loan Basics: Interest Only Loans, Pay Option ARM |
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