Accepting Credit Cards

Because the card company can charge whatever fee they want. Some cards don't charge an annual fee at all, while others can charge huge sums !

Because (a) either you gave them the wrong information when you applied for the card - or (b) the application is intended for the last person who lived at your address.

The PIN is NOT stored on the card. When a card is inserted an ATM, the machine reads the magnetic strip, which contains details of the account number, bank sort code and account holder's name. The ATM connects to the relevant bank's computer over a secure data line, and retrieves the correct PIN for the card. this is matched to the PIN the user enters on the keypad. If they match, the transaction is processed. If they don't - the user is asked to re-enter the PIN.

does my car card card be used at Quik Trips in Derby Al’s

All credit card companies charge a fee for late payments ! It serves two purposes... first - it's a subtle reminder to the card-holder, to prompt you to make the payment in plenty of time for it to be processed. Second - it generates extra income for the card company !

It depends on the type of card. if it's solely for use with a specific bank - you must only use their ATM's. If it's a Visa card - you can use it in any Visa-enabled ATM. Either way, the first time you use it - you will be prompted to change your PIN.

The benefit is being able to purchase something you can't afford.

I will go ahead and add this though, since other people will likely comment on it: most of the time, if you can't afford to purchase something without putting it on a credit card, you should evaluate whether or not you should really purchase the item. Credit cards are great for unexpected expenses like car repair, but most people simply use them to purchase things they don't really need and can't afford, and that is what generally causes financial problems.

Nowhere. Unless the owner of the card actually wrote it down themselves, the PIN code for a credit card, and debit card for that matter, is not located anywhere on the card. This is to prevent its use in the event that the card is lost or stolen.

Depends upon why it was blocked or if there is some other problem. A simple phone call to the bank is often all that is required. They will ask you some "security questions" to make sure your card has not been stolen, before they unblock it. They might also simply cancel it and send you a new one.

It's not that simple ! Modern ATM cards have an embedded chip, and a magnetic strip - both of which are read by the machine when you insert the card. The data on the magnetic strip tells the ATM which bank (and branch) holds the funds for the account. Additionally, the info on the chip is also tied to the account. If the data on both parts of the card doesn't match an existing bank account, the card will be rejected.

That's excluding the fact that - if you did make an ATM card, and try to use it - you would be guilty of fraud !

Of course. Millions of people are given donations every day, including soup, clothes, shelter. "Non-profit" simply means that there are no shareholders who are taking home dividends on the corporate profits. Many people prefer to donate to tax-exempt, non-profit, registered charities, because the donations may be deductible by the donor on their own tax returns.

What you usually CANNOT do is misrepresent yourself as a "charity" if you're soliciting donations from the public. You may also have to register with the stat's attorney general (which generally oversees charitable money for the whole state).

There are two* types of credit cards, secured and unsecured. Usually the best credit cards for rebuilding credit are secured credit cards. They work just like an unsecured card, but you need to post a security deposit against a secured card in addition to any annual/monthly fees. One secured card that stands out is the Capital One Secured Card, since the annual fee is reasonable and the security deposit can be as low as $49 for a limit of $200 (terms may change, this statement is as of this writing).

Most secured credit cards require a deposit that will match your credit limit. Noted cards that give a limit equal to the deposit include the Platinum Zero Card from Applied Bank and Open Sky Secured Card.

* in reality, there are three different types. Along with the two types mentioned, there are partially secured cards. These cards may not necessarily require a security deposit equal to the limit. However, these are usually classed amongst fully secured cards since a deposit is still necessary.

Yes, you can. You should go to the IRS website below which gives you a choice of payment service companies to choose from. They all charge a small fee to process the transaction. Most of the companies accept VISA, MasterCard, Discover, and American Express.

Credit Card companies are not very predictable. If you go after them to get an application (say, walk into a bank and ask), it seems the standards are higher. If they come after you (ie. you are approached in a store) the standards are lower.

When I was a student making $10,000 per summer they rejected my application, but gave a card to my future wife when she made $2,000 per summer.

More important than your annual income, however, is what is called your "credit score." There are records kept about you regarding credit. If you have ever been late on a bill payment for anything (pretty much), it will bring down your credit score. If you have always paid on time, that causes your credit score to go up (even if you just made the minimum payments). How many other credit cards you have, or if you have another type of loan, will also affect it. (Generally, they don't want to see your total indebtedness including the full credit limit of any cards you have going over 40% of income).

You destroy the invalid card and ask the bank to send you a replacement.

Both Orange and Barclays have issued MasterCard debit cards starting with 5308. There may be others as well.

Your interest rate for credit depends on both the type of credit and your credit score. Those with the best terms can expect to pay less than 10% on a credit card, and have a rate under 5% for long term loans like mortgages and auto loans. Although deemed illegal by most standards and regulations, credit cards may charge 49.99% or higher to those with the lowest scores that want an unsecured card.

She can transfer the balance onto a new card. It is known as a 'Balance Transfer'.

Every financial institution's criteria may differ from each other. It would be highly recommended to research all banks in your area to determine which deal would be best for you. It is usually clients with the strongest credit record and within the higher income groups who are able to qualify for platinum cards. However, platinum credit cards usually provide higher credit limits, lower interest rates and more rewards than lower status cards do.

Yes, Walmart lets customers pay using a credit card, including American Express, Discover (including Walmart Discover) MasterCard and Visa. Further, Walmart also accepts debit cards, eGift cards, Walmart Gift Cards and cash.

If you are interested in applying for a USAA credit card, there are many qualifications you will need. To be more specific, you must have a decent credit rating and employment.

USAA credit cards aim to help people build their credit. They offer rewards programs and low income rates on a variety of cards. They also support the military by offering their plans to veterans and their families.

To obtain credit cards on line, the process includes filling out a form with your pertinent information such as name , address, place of employment . After a credit check you will find out if your are eligible.

Visa credit cards are available from a variety of retailers. Many stores that have their own credit cards have that card through Visa, so signing up for one is as easy as going to a store or a bank.