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A Business Credit Card for the New Global Philanthropist

Friday, September 12th, 2008

Today, more than ever, it’s extremely important for you, the entrepreneur of this very new economy, to select those service companies that understand your business, offer the right services, and share with you the same philosophy and vision. The winds of changes are sweeping the business landscape, including the non profit world, and they leverage the pervasiveness of communications to play on a global scale.  No matter how small your business is, no matter how targeted the niche that you are serving is, what happens in Bangalore, Zanzibar, or Kampong Cham does affect you.

And you can affect what happens there as well!

At Credit Cards Mojo we are very fond of Kiva.org, and we are quite intrigued by the  partnership between Kiva and Advanta.  With the Kiva BusinessCard, an entrepreneur not only gets a savvy businesses tool that offers some of the best features and terms in the industry (see details below), but you also gets the chance to help small Entrepreneurs across the globe, thanks to Advanta’s  philanthropic twist.


Apply for the KIVA B4B BusinessCard

Kiva BusinessCard features:

  • Unbeatable APR – APR – 0% on balance transfers for 15 months, and 7.99% fixed APR thereafter*
  • Anytime a business owner makes a grant to Kiva.org using their Kiva BusinessCard, Advanta will match the grant – dollar for dollar – up to $200 per month per account. (Additional information on matching program available at KivaB4B.org.)
  • 5% statement credit for grants to Kiva and other charitable donations, as well as up to 1% on purchases*
  • No Annual Fee and No Limit on Earnings
  • $0 Fraud Liability

*see Terms & Conditions for important information, benefits and limitations

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Photo Credits: The Wandering Angel (cc)

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Damaged Credit Credit Card Applicants Have Hope!

Saturday, September 6th, 2008

It’s amazing how difficult it is to qualify for any sort of loan or credit card if you have bad or damaged credit. And it’s difficult to rectify past credit wrongs without reestablishing new credit trade lines such as credit cards or loans.  It can seem like a no win situation for many individuals in this state.  However, just establishing one new trade line can help to rapidly boost your credit score and rating. And there are several new credit cards out there that are designed for people with damaged credit.

One of the best is the First Premier Bank Gold Card. It’s relatively easy to qualify for to begin with. Most importantly it reports monthly to the major credit bureaus so you can be sure that as long as you make your minimum monthly payment each month, your credit is improving. The annual APR is equivalent to this sort of “introductory” level credit card at about 16% APR, however with time you will be able to qualify for a lower rate with another credit card as long as your are consistent with your payments. You really have nothing to lose in trying to get this card because it only takes 60 seconds to know if you qualify. Remember, this card is designed for applicants with damaged credit so just because you might possibly have been turned down by other credit card companies doesn’t mean you will be shut down by First Premier. That phone call could be your first step towards repairing your credit and qualifying for the credit card you want and deserve!

|| CLICK HERE TO APPLY ||

By Steve Borrelli from Sterling Home Mortgage

Photo Credits: CarbonNYC (cc)

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A Mileage Credit Card For Customers Who Travel To Asia. Great Benefits!

Saturday, September 6th, 2008

When deciding which credit card to use on a regular basis to accrue miles that can be redeemed for your future flights; what are you really interested in? Is it value? Benefits? Options that make the annual fee worth the price? Most people would agree with this, and for that reason Bank of America has carefully designed and optimized the Asiana American Express Card. It’s a terrific opportunity to save money and enjoy deluxe benefits for frequent travelers to Asia.

There are a plethora of benefits to this card but here we’ll just go over a few. To begin with 5,000 bonus miles are added to your account after your first purchase. You will earn two miles for every dollar you spend in purchases and three miles for every dollar spent in purchases at participating grocery stores. There is an Entre Program which is exclusive to American Express. You will be to enjoy special upgrades and amenities at premium hotels, exclusive offers from some of the world’s leading airlines and more.

Are a golf fan? Show this credit card and you will receive access to members-only courses through Korea and the Asia Pacific region. Now that is a benefit truly worth its weight in gold. Also there is an automatic $100 annual rebate on Asiana Airlines ticket purchases which more than covers the $99 annual fee. If you travel to Asia then the Asiana American Express Card from Bank of America is for you.

|| CLICK HERE TO APPLY ||

By Steve Borrelli from Sterling Home Mortgage.

Photo Credits: Lucas Jans (cc)

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Limited Credit History Doesn’t Have to Stop You From Getting a Credit Card

Friday, September 5th, 2008

For young people or even for individuals that are new to this country, it can be very challenging to qualify for a credit card. With FICO scores really showing the whole picture of ones credit worthiness, it can be virtually impossible to receive credit if you fall into one of these circumstances:

  • I have had my own credit card for less than three years or never had one,
  • I have a limited credit history, for example I am a student, or new to the country, or a young person working for a living, or I have been an authorized user on someone else’s credit card,
  • I have a valid credit score than can be found at one of the major credit reporting companies.

If you find yourself falling into one of the above categories then you might possibly qualify for the Capital One Platinum Credit Card. Yes the Platinum Credit Card; almost hard to believe.  This card is designed for individuals who don’t have challenged or damaged credit but just have not been able to build a solid history as of yet.  And Capital One doesn’t believe you have to be charged horrific interest to receive a credit card if you have a limited credit history.  This card charges $0 for transfers and a variable APR that is currently 8.65%. Also you can qualify for a credit limit of up to $3,000.00.  And the best part is using a card like this will help you to establish an even better credit history!

|| CLICK HERE TO APPLY ||

By Steve Borrelli from Sterling Home Mortgage.

Photo Credits: Retinafunk (cc)

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Is It Worth (& Smart) To Refinance Your Mortgage To Pay Off High Interest Credit Card Debt?

Thursday, September 4th, 2008

We all get that dreaded phone call during dinner at some time or another. It’s a mortgage company calling to see if we want to refinance our home and take out cash to pay off debt. If you are like the average American family, then no doubt you have a substantial amount of credit card debt.  The average in this country is $8,500.00 however a large percentage of families carry substantially more.  So the question comes to the fore, is it really worth it to allow someone to refinance your home in order to pay off all your credit card debt?

Well to begin you need to look at the interest you will pay on your mortgage versus your credit card.  With many people paying upwards of 15% on their credit cards each month versus the 6-8% for a typical home loan, initially it seems that you would be better off going with the refinance option than sticking with the credit cards. But keep in mind that the money you take out of your home in the form of a cash equity to pay off your credit cards will be amortized or spread out over usually 30 years. That is a lot of compounded interest you will need to pay. Not to mention most people refinance their home several times, so that 30 year figure can be stretched out even farther making the overall interest you pay higher.

Therefore some basic questions should steer the average person in the right direction. Such as:

  • How long do I plan to live in this house?
  • Do I plan to pay it off and if so how long will it take me.
  • What interest rate am I paying on my credit cards and again do I plan on paying them off anytime soon?

Once you have a clear answer to these questions, you can use readily available credit card and mortgage calculators to calculate how much interest you will pay over a certain amount of time. Then you can compare those amounts and also take into consideration the upfront costs on refinancing which are typically at least 2% of the loan amount.   It’s only when you are armed with this information you can make a rational and informed decision.

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Sponsored by:

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By Steve Borrelli from Sterling Home Mortgage

Photo Credits: (Bill and Mavis) – B&M Photography (cc)

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If You Have Excellent Credit Make Sure Your Credit Card Reflects It

Tuesday, September 2nd, 2008

For the seemingly fewer and fewer of us that strive to maintain excellent credit, it may seem that there are relatively few rewards when it comes to additional benefits from your credit card company. However, that is not always the case. It takes determination and organization to keep a solid credit score and rating and this is a fact that Capital One has not overlooked. They gear different credit cards they offer to specific credit categories. In fact they have four different ratings with excellent being the highest category they offer.

Now you might say with all the marketing Capital One does, can they really deliver on their promises? Well, you can be the judge because they lay everything out for you to review when it comes to their Capital One Platinum Prestige credit card. This is the card that corresponds to the excellent credit rating category and it has some excellent value-added benefits for individuals with high credit scores. It comes with a $0 transfer fee and annual fee as well as a credit limit of up to $20,000.00 to begin with. Here is the real kicker; there is a 7.9% fixed interest rate on all purchases and balance transfers. It really doesn’t get much better than that. We all have friends that have good credit but are paying upwards of 20% interest on their credit cards. Don’t make that same mistake; instead choose the credit card that rewards you for your great credit! The Capital One Platinum Prestige credit card could be just that card.

|| CLICK HERE TO APPLY ||

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Photo Credits: Law Keven (cc)

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What are entrepreneurs to do when banks don’t “get” their business?

Thursday, August 21st, 2008

You know the story, you’ve banked with the same bank for years, they have made a lot of money off your business, they smile a lot, and they even have free lollipops at the counter.  And then the economy turns, and you need a line increase or a small loan to weather the storm, or a small cash injection to start a new line or launch a new product.
All in a sudden the bank has short term memory, all the good times spent together when your business was flourishing don’t seem to exist anymore, and their saying NO hurts.

But did you know that there are many very successful businesses that were started with credit cards because nobody else would finance them?  Ask Michael Dell, from Dell Computers, he had to rely on credit cards to get things started.

BusinessWeek has published a good piece about this underlying and growing phenomena (see article: Credit Cards Replace Small Business Loans).

The Advanta Business MasterCard gets the Entrepreneur in you, and can offer:

  • 0% APR on purchases for 12 months
  • 0% on Balance transfers for 12 months
  • Up to $ 50,000 credit line
  • No Annual Fee
  • $0 Fraud Liability

Advanta Bank Corp.

Photo Credits: Running a Business by McPig (cc)

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Easy Savings for Small Businesses from MasterCard

Saturday, August 16th, 2008

EasySavings.com by MasterCardGot a small business?  What if you could easily add savings to your existing card?
If you have a MasterCard BusinessCard, regardless of the Bank that issued it, you can register it at EasySavings.com and start receiving exclusives discounts at those companies that you already use, such as DHL, SurePayroll, Intuit, monster.com, Fuelman Network, Microsoft Ad Center, Avis, web.com,  Maggiano’s, Administaff, Midwest Airlines, HRTools.com, Wyndham Hotels and Resorts.

The savings are easy:

  1. Register your MasterCard BusinessCard.
  2. Use it to pay for the services at participating merchants.
  3. Watch your rebate savings add up on your statements, and you can track them on the web as well.

And if you don’t have a MasterCard BusinessesCard, you can pick one here.

EasySavings.com by MasterCard

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MasterMind of good ideas: The new Citi Upromise World MasterCard

Friday, August 15th, 2008

Citi UPromise World MasterCardThere are plenty of good ideas!  Going to college is a good idea.  So are: saving for college, saving on things you buy, carrying a good credit cards, align yourself with good solid companies that help you achieve your goals.  All good ideas.

And when you put them all into one offering, you get something that really helps parents and students fulfill their dream of a College Education. Studying is hard enough, saving for college shouldn’t be.

Think of the time from when your kids were born to the time your kids were ready for college.  Imagine that during this time every thing that you bought, big or small, helped with the college tuition.
Wouldn’t you consider that a great idea, worthy of a great MasterMind like Citibank and Upromise?

This is what you get with the Citi Upromise Worlds MasterCard:

  • 10% EXTRA college savings on thousands of grocery and drugstore items (*)
  • 10% EXTRA college savings on 8,000+ Upromise Dining restaurants (*)
  • 1% college savings everywhere you shop (*)
  • No annual fee
  • Low APR on balance transfers (*)
  • No annual cap to the amount of college savings you can earn!

With an offer like this, it is never too early and never to late to start saving.

|| CLICK HERE TO APPLY ||

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No Credit And You Live In The USA: Premier Bank Platinum Card Is Just What You Are Looking For

Friday, August 15th, 2008

Premier Bank Platinum CardUnfortunately, thousands of Americans are faced with bankruptcy that destroys their credit and leaves them with very few options. Premier Bank Platinum Card is giving those people a way to reestablish their credit and get them back on their way to financial recovery.

If you’ve been turned down for an unsecured credit card because of bad credit, don’t feel alone. There are many more like you in this country. What you need is a way to slowly get yourself out of debt and build the credit back you deserve. The Premier Bank Platinum Card is just the way to help you do that. Not only will they help you build your credit back, but they will also send you a free guide to help repair the bad credit you have.

This company is devoted to helping people get back on their feet while teaching them the proper way to handle their finances. They offer a slow line of credit that builds as you begin to recover your lost credit ratings. As your credit rating rises, so does the line of credit. All along the way the friendly agents at Premier Bank Platinum Card Company will be teaching you how to manage what you have and prevent you from over extending yourself.

Don’t let other credit card companies make you feel unimportant; Premier Bank Platinum Card understands your frustrations and will never make you feel shameful for your past credit history; they just want to help you recover.

|| CLICK HERE TO APPLY ||

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