Credit Card Instant Approval at Credit Card Guide

Credit Card Instant Approval Navigation

Credit Card Debt Consolidation Loan
Credit Card Bills
Chase Credit Card
Best Credit Card Offer
Credit Card Bankruptcy
Business Credit Card
Credit Card Deals
Credit Card For Students
Credit Card Merchant Account
Student Visa Credit Card
Credit Card Instant Approval
Credit Card Companies
Business Credit Card Services
Secured Credit Card
Visa Credit Card
Credit Card Merchant Account
Credit Card Processing Small Business
Credit Cards For Business
American Express Business Credit Card
0 Interest Credit Card

2005 Best Seller!

Do You Have Bad Credit? Don't give up!!
Buy it now

Best Credit Card Instant Approval products

Access Loan.
15,000 Cash Loan - Even With Credit Problems.

Everything You Know Is Wrong!
About Being Debt Free That Is! And it will keep you in debt the rest of your life!

Bad Credit Personal Loan Source.
Bad credit personal loans regardless of bad credit - up to $25,000. Affiliates Earn 60%

CreditHistory.org - Credit & Debt Files.
Cash In On The Vast Credit Market.

What Uncle Sam Doesn't Want You To Know!
Find your unclaimed money that the government is holding. $10 billion in unclaimed money is waiting for you.

Guaranteed Bad Credit Financing.
Receive a loan or credit card even with bankruptcy!

Main Credit Card Instant Approval sponsors

Credit Card Instant Approval

Welcome to Credit Card Guide

Credit Card Instant Approval Article

Credit Card Vs. Debit Card - What Are The Main Differences?

Thomas Lindstr�m

With our electronical cards fortunately the days of the mad rush and long queues to get cash from the bank before weekends are long gone. We now enjoy the convenience of using a nearby automatic teller machine (ATM) or you can even get "cash back" at your local grocery, hardware or convenience store.

What is a Debit Card?

The card you use at the ATM is known as a debit card. When debit cards first appeared it was easy to tell them apart from credit cards. Debit cards didn't have a credit card company logo on them; instead, they usually just had your bank name, your account number and your name.

Today debit cards look exactly like credit cards even carrying the same logos. Both types of cards can be swiped at the checkout counter , used to make purchases on the internet, or to pay for the fill-up at the gas pump.

When you use your debit card to make a purchase, it's just like using cash. The account that is attached to your debit card, in most cases your checking account, is automatically debited when you use your debit card. The cost of your purchase is deducted from the funds you have in that account.

In the case of a credit card, you can pay just 5% of your bill amount and carry forward the balance to be paid the next time. You do not have to settle all in one go. This is referred to as revolving credit.

What is a Credit Card?

On the other hand, when you use your credit card to make a purchase you are using someone's else's money, specifically the issuer of the credit card, usually a banking institution.

In effect, you agree to pay them back the money you borrowed to make your purchase. In addition you will also pay interest on the money "loaned" to you at the rate which you agreed to when you applied for their credit card. This is known as the annual percentage rate (APR).

While the two cards might act and look alike, the levels of consumer protection that each type of card provides can be different.

Credit Cards offer Better Protection!

Under federal law, if someone steals your credit card you're only responsible to pay the first $50 of unauthorized charges. However, if you notify the credit card issuer before a thief is able to make any charges you may be free from all liability. If the credit card is not physically present when an unauthorized or fraudulent purchase is made, such as over the internet, you're also free from liability for those charges.

MasterCard and Visa offer zero-liability protection where you won't pay any charges if someone uses your credit card to make an unauthorized purchase.

The protection offered to debit card fraud is similar but with a few exceptions. For example, your liability under federal law is limited to $50, the same as for a credit card, but only if you notify the issuer within two business days of discovering the card's loss or theft. Your liability for debit card fraud can jump up to $500 if you don't report the loss or theft within two business days.

And if you are the type of person that gives a passing glance to your monthly bank statement, you could be totally liable for any fraudulent debit card charges if you wait 60 days or more from the time your statement is mailed.

Visa and MasterCard zero-liability protection applies to your debit card but only for transactions that do not involve the use of your PIN (personal identification number).

Additional protection against fraudulent use of your credit or debit cards may be available through your homeowner's or renter's insurance. Check your policy or with your agent for more information about your coverage.

Also be aware that you should contact your card issuer by certified letter, return receipt requested, after you've contacted them by phone to protect your consumer rights.

As for which card to use for what type of purchase, most experts agree that you should use your debit card for the same type of purchases you'd make as if you were using cash. Therefore, it makes more sense to use your debit card than your credit card at the grocery store or gas station (provided you have sufficient funds to cover these purchases of course).

Credit Card Purchase Disputes

You should avoid using your debit card for any online purchase or for something which is expensive. Why? The main reason is that it is much easier to dispute a charge when you use your credit card. Your credit card company will remove the charge until the problem is resolved.

With your debit card you are stuck dealing with the merchant directly to resolve any problems with a purchase. The merchant establishment will have a debit terminal. When you give your card to make the payment, the card will be swiped. The moment it is done, an electronic message is sent to the bank which checks to see if the customer has that much money in his/her account. A credit card requires the bank to make a payment to the merchant establishment (online shop, hotel or wherever you spend money using your card). The cardholder has to settle the bill later.

About the Author

Thomas Lindstrom is author and researcher on buy tips and use advice for different kind of credit cards available on today�s market.

Url: http://www.greatestcreditcardsite.com

Credit Card Instant Approval News

credit card instant approval

Now it has become easy to meet various short term purposes with Payday Loans No Teletrack, which are given below: Unpredicted medical bill, Electricity or telephone bill, Credit card dues, Child examination fees etc. The beneficial loan scheme of ...

Payday Loans: - Get Payday Loans no fax no paperwork - PRLog (free press release)

You could be on your way to a happier life with just a few clicks of your mouse as the entire loan proceedings of instant decision loans can be done online. A single application ... tuition fee of your child, Credit card dues, clearing medical bills ...

Instant Approval Loans: - Instant Decision Loans Quick Finance for ... - PRLog (free press release)

Capital One Financial Corporation (NYSE: COF) joins government agencies and national advocacy organizations in support of National Consumer Protection Week, March 7-13, 2010. This year’s theme, Dollars & Sense: Rated “A” for All Ages, focuses ...

Increasing Online Identity Fraud Highlights the Need for Consumers to ... - PR Inside

WHAT'S HAPPENING: The Federal Reserve has proposed rules requiring credit card issuers, including retail stores that offer instant in-store credit, to assess customers' ability to pay card loans before issuing them credit cards. WHY IT'S IMPORTANT ...

Instant in-store credit card offers in danger of extinction - CreditCards.com

Fed proposes limits on credit ... Wednesday they plan to merge, creating a new company to be called Alterra Capital Holdings Ltd. Max Capital is a Bermuda-based insurance and reinsurance... Summary Box: Stocks end mixed after Fed report 6:15 A LATE ...

Toyota Prius tops Japan sales despite recall woes 12:03 - Town Hall

Stock futures flat ahead of weekly job claims data NEW YORK (Reuters) - Stock index futures were little changed on Thursday as investors awaited data on the labor and housing markets, along with a report on January... Bristol sets baseline for ...

Business News and Financial Advice - Town Hall

MTP is to meet with a major credit card network in Chicago mid-month and is finalizing steps with its issuing bank which will serve as funding and credit provider for the ServeNation cards. Fight ... many to activate their 'instant gratification ...

Mike The Pike Productions Sets Up a Double Knockout for MMA ... - Market Wire

Jim Cramer sees North American Palladium Ltd. (AMEX: PAL ) as a speculative play. His opinion is based on the fact that he doesn't have enough information about this company. North American Palladium Ltd. ( PAL ) jumped 1.69% today and closed at $4 ...

Most Recent - RCR Wireless

In the past seven days, ever since I applied online for yet another credit card, I have had 23 emails urging me to 'choose your Visa card', '£5,000 is waiting for you', 'your approval is ... Learn how to use Skype, instant message, and so on.

Liz Jones: I've come clean about my debts - This is Money

When the word 'overdraft' appeared in my email inbox on Friday, my heart leapt into my mouth - something it tends to do if anything vaguely financially-orientated makes it through the sand and into my consciousness. It turned out to be an email from ...

Credit Card Guide - Credit Card Instant Approval Section