Monday, March 4, 2013

Credit Cards Secrets Revealed : Part-I



In today's ever changing world of Online trade,Credit cards can be boon if used wisely but one must be aware with the hidden secrets of them so that you can enjoy them without worrying.Lets go deeper in the matter.. ??


Which card accepted more Internationally-Visa or MasterCard ?

Insight..!!

  • Both cards are equally popular and accepted everywhere in world mostly.
  • MasterCard quite often accompanies fees you have to pay when using it on certain websites and businesses. Visa usually doesn't charge such fees. So ask customer care for fees on online transaction.
  • MasterCard is accepted in more places than Visa and is easier to use abroad but depends on the country too.

Word about AMEX (American Express)..!!

  • American Express (AMEX) better to use overseas. 
  • They don't charge all the international fees that the others do.
  • Amex is especially good though for travel...... not in just getting deals but in overseas usage.  
  • AMEX operates currency exchange centers everywhere and as a card holder you get a better rate. 
  • If you lost your card you could replace it faster, no matter where you are in the world.
  • AMERICAN EXPRESS does not have the usual 16 digit account numbers and therefore can't be keyed in as well due to their  15 digits.

Precautions While Travelling Abroad..!!

  • Before touring outside check that your card should be International.
  • Keep a tab on your spending, keep checking it on line (whenever you can) and keep all your receipts .
  • Have your card # written somewhere else with the telephone# for fraud reporting or lost or stolen cards. 

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