MY FAVORITE CREDIT CARDS

As promised on the last post, this time i will discuss all about my favorite credit cards that have been bringing me all kind of rewards without paying any kind of fees.

1. Citi^® mtvU^TM Platinum Select^® Visa^® Card for College Students

This is my first credit card ever with Citi Bank Group. The reasons i chose this financial group is they have a wide variety of credit cards for different aspect of life and this one in particular is so good for people who eats at restaurant, go to movie or buy books - for EVERY DOLLAR one spends at the activities above, 5 points would be rewarded and these points can be accumulated to get all kind of goodies range from a book to an ipod, or airline tickets that worth 2000 $ dollar or more. Which is a great deal for any one who doesn't get anything out of using credit card right now. Also it doesn't have any kind of monthly fee.

this is the link if you want to take a crack at it

https://www.citicards.com/cards/wv/cardDetail.do?screenID=911


2. Citi^® Platinum American Express^® Card

This card right here is one of my newest favorite card. It gives you
- Free Priority Pass to airport lounge access, you get free drinks (include wine and beer) and snack at the airport lounge - i went there and it was amazing
- Free Identity Monitor
- A free 15000 points toward ThankYou network

I've been using this little puppy and it is quite awesome. So go ahead and get on the gravy train

https://www.citicards.com/cards/wv/cardDetail.do?screenID=927&origincontentId=CONSUMER&CONTENT_TYPE=constituency_detail

Get Rich and Stay Wealthy (C)

Credit Card - Yes, No, Maybe....? YES, All the way YES

I've been using credit cards for five years now and let me tell you, it is awesome to be able to monitor where your money goes and also get something out of spending your hard earned dough.

For many years, I was under the impression that credit cards are evil, they will make users become slaves of the little plastic card. People who use credit cards will eventually end up in debt because of the convenience that the credit cards provide. That impression is WRONG, DEAD WRONG.

The Credit Card doesn't have the mind to control people to go and spend their money. It doesn't have a mouth to go "hey buy that thing, it looks kind of nice and it doesn't cost that much either." We have to understand that we are the ones in control, we are the ones that decide to use the credit cards or not, and until we can grasp that concept, credit cards can be quite a harmful device other wise, welcome to the fast lane of credit building, points - rewards - money earning, special services extravaganza.

1. Credit Building

Let's face it, credit is an important aspect of life. Pretty much everything that one does these day has a pretty good chance relate to one's credit. Buy a car, you need credit; buy a house, you need credit; getting a loan, you need credit; even when one is getting a job, the employee might even look at potential employee's credit history. So why not building yourself not just a good but impressive credit history, this would give you an edge over more than 40% of the country. I'm not kidding, people who has better credit score would get better rate, better term and condition and better treatment for all of their financial actions.

2. Points - Rewards - Money Earnings - Special Services

Many people use their credit cards with monthly fees and no reward programs whatsoever. If it works for them, great !!! But for me, I like to spend my money without any kind of extra fees and on top of that getting rewards for spending my money. There are all kinds of credit cards out there that if one plays his/her cards right, he/she can obtain so much fun and enjoyment out of using the plastic card. Recently I just got a ticket for an oversee trip that worth 1600 $ USD for .... ZERO dollar. All i have to do is accumulate my points and then I have a ticket ready for me.

* ACTION PLAN

So if you think you are ready to handle the responsibility of the credit card - Jump In, the Water is Great !!!

1. If you don't have a credit card, go get one, remember don't get the one with monthly fee, that is just not cool. Sometime it's hard to get a good credit card when you don't have such good credit or no credit at all, what you can do is getting a credit card issues by your bank or your credit union. They can get you one with small amount of limit. Eventually you can get your credit higher and obtain a better credit card.

2. IF you have a kid get him/her a credit card too - but don't give it to him/her - use it once in a while and pay it. So you are building a credit history for your kid so when he/she goes to school, he/she can get a very good rate because he/she already had a good credit history.

3. Do some research on what kind of rewards you like (points, money...) and get the right cards. I will cover more on that on the next post for a better details

Till next time, Get Rich and Stay Wealthy (C)

My First Post Ever !!!

Hi all,

First of all just want to say thanks for visit LNFinanceTips. I will try my best to show you all the knowledges that I collect over the year to obtain a better Financial Life and hopefully I can learn some from all of you as well.

Thanks so much and see you all on the next post.

Get Rich and Stay Wealthy (C)