Recommended Credit Cards You Should Apply For 
American Express Travels Gives it’s Clients What They Want
By Neil Farman on November 19th, 2007
According to American Express Travel agents, people are no more in a mood to make their holydays in a traditional way, now they want to experience new and more modified vacation this holiday season. In a new survey of 681 American Express Travel agents, 83% of agents came to know that travelers are increasingly in search of new destinations. More than half (52%) agent said that travelers are going farther away during the holidays this year than in years past. 59% agents reported that holidaymakers are demanding more detailed and personalized trips with schedule including multiple destination stops and more personalized arrangements. Audrey Hendley, vice president of American Express Travel said “Holiday vacations are often the most highly anticipated trips of the entire year and travelers are increasingly looking to experience something new and unique.” Mr. Hendley continued and said “Whether exploring a new destination or renting a private villa for the first time, our American Express Travel specialists help customers create highly personalized and customized holiday vacation experiences that are carefully and thoughtfully designed down to the smallest detail.”
Read: biz.yahoo.com
Now Your Credit Card Will Say Your Status Symbol
By Neil Farman on November 16th, 2007
A South Korean company has presented a diamond encrusted credit card just for its VVIP Customers, now rich people do not want to use the same looking credit card used by any other person, these people wants to look different, their eating habit, their dressing sense is royal and now they want to keep credit card which suits their personality and status symbol. Kim Sam-sun, the president and chief executive of GK Power, which produced the cards, said: “VVIP customers want differentiation, and banks want to attract these big spenders.” So keep moneyed people’s mentality in mind the Korean company has designed diamond encrusted credit card especially for VVIP clients. The Seoul-based company has now launched the luxury High End card, which embeds 1mm by 1.65mm diamonds into a silver rivet on a black high-gloss card. Mr. Kim said “There is always that top millionaire class anywhere, and that’s the crowd we’re initially aiming for.”
Read: independent.co.uk
Online Gambling Should Be Banned
By Neil Farman on November 15th, 2007
DENVER Lawmakers have made every effort to try to end online gambling, a CBS4 investigation bureau disclosed how gamblers still manage to do gambling. CBS4’s Rick Sallinger discovered an online gambling Web site. May be it looks like a game, but it’s serious business, a site named “Full Tilt Poker” Sallinger viewed $42,000 was on just one table. Online gambling was a $15 billion a year business until Congress put a major dent in it. CBS4 spoke with a Colorado player and he told that he is able to use his visa card to place bet at Full Tilt Poker. He said, “I had made several deposits on several different days to the poker room, but none of them were listed as ‘Full Tilt Poker.’ They were listed as different companies I had never heard of.” In his monthly credit card statement bill those charges were appeared in the name of very unclear or difficult to understand words so that no one can understand that these charges are relevant to internet gambling. Assistant of U.S. Attorney Loren Washburn said “These charges do carry heavy penalties, they are serious crimes.”
Read: cbs4denver.com
Use Your American Express Card At Grocery Stores
By Neil Farman on November 13th, 2007
If you are an American Express card holder then you can use your American Express card at Food Lion stores. Food Lion and New York based American Express have made an agreement and according to that deal all the way through Southeast and Mid-Atlantic U.S., customers can use their American Express card at more than twelve hundred grocery stores. Not only this, buyers can also get an opportunity to earn a large number of different rewards with every purchase they made. Charles Davis, v.p. of business strategy and analytics at Food Lion said “Many customers have indicated a desire to use American Express in the past, and we are pleased that we can now help improve their shopping experience by doing so.”
Read: progressivegrocer.com
Officers Illegally Used Credit Cards for Personal Use
By Neil Farman on November 12th, 2007
In London the Metropolitan Police investigated that some officers issued illegally used credit cards to the staff members for personal use. The London police arrested two detectives on suspicion of theft. But police did not confirm the report in World newspaper that around six million pounds and about twelve million dollar Cdn, was spent by all the officers illegally on credit cards for vacations or holiday trip, very expensive items like luxury wrist watches and flat screen TVs. a spokesman for the force said “The Director of Professional Standards is currently conducting a review around the issue and usage of the Met’s American Express cards, Any alleged criminality that is uncovered will be dealt with robustly. We have a comprehensive plan to recover any money that is outstanding.”
Read: cnews.canoe.ca
Some Guidelines to Reduce Credit Card Expenses
By Neil Farman on November 10th, 2007
According to research by Moneyfacts.co.uk, sixty nine cards have increased fees for withdrawing cash on a credit card, even as twenty five charge higher interest on cash withdrawn. Eighteen cards costs you so high when used abroad, while ten have pushed up the charges when transferring a balance. There are some tips for its customers to cut credit card cost.Esther James, credit card analyst at Moneyfacts.co.uk, said: “Check the interest rate you are paying, as there are still some great 0 per cent deals on purchases and balance transfers to be found, so do not pay interest unnecessarily.” You should always receptive to balance transfer fees. Mike Naylor from uSwitch.com said “This type of card will certainly catch consumers out if they do not understand the complex order of repayment rules.” So always check the timings of interest free offers. Card holders should use life time balance transfer card which charges a permanently low amount on the amount transferred. According to uSwitch .com, seven cards still offer life of balance options, at an average rate of 5.74 per cent.
Read: telegraph.co.uk
High Amount of Rate of Interest
By Neil Farman on November 8th, 2007
Credit card becomes painful when the holder has to pay a good amount of rate of interest. Always compare annual rate of interest when you are going to get a credit card but the problem is that different companies calculate the interest in different ways. Some companies charge interest: the time you make purchase and some times you are not charged for thirty days, some companies provide more than 30 days grace period and so on. Two credit cards, which looks like each other and are suppose to charge the same interest rate; may cost you widely different rate even if you use two of them in the same manner. Still credit cards are very useful and have become basic necessarily for all of us, you just need to use it very intelligently and cautiously.
Read: moneyweek.com
Orient Express Visa Card By Orient bank
By Neil Farman on November 6th, 2007
The Orient Bank has presented Orient Express Visa Card only for its customer’s convenience; you can make use of the visa card anywhere in the world. You can buy grocery from the supermarket, get your car tank filled with petrol, hotel and even in the hospital. So you do not have to keep much cash with you if you are carrying Orient Express Visa Card. Mr. Hoorwood, the executive director, said “Orient Xpress Visa cardholders will be able to pay their electricity and water bills and buy telephone airtime for any network at the Orient Xpress Visa point of sale outlets, Because the Visa card can be used for so many purchases and payments, customers will rarely need cash.” Mr. Hoorwood also said that all the cardholders can use over one million automated teller machines (ATMs) in different countries and its customers will access financial services in the sub-region as well as international destinations.
Read: allafrica.com
Vessel World media Will Offer Gift Cards Site
By Neil Farman on November 5th, 2007
A division of Vessel World Media Inc., will shortly launch, VesselHope.com. This site is going to offer an unidentified ways to contribute to others in financial need. This bright idea created with Vessel World Media’s founder and president, Desiree Summers, who thought it a brilliant idea to fill a niche. “It’s a miracle that people now have a way to anonymously be proactive in helping others.” At this time GiftCards.com is presenting Special Occasion Card Carriers, instant online Virtual Gift Accounts, ATM usable Gift Cards and Visa debit gift cards. They serve primarily corporate clients. In the beginning all the transactions will be done online.
Read: dmnews.com
Identity Theft Occurs All The Time
By Neil Farman on November 2nd, 2007
There may be a point in time where you must be telling yourself “but I do not recall purchasing these items or but I have never even stepped inside that store”. However, there is somebody who did, somebody who made use of your name and personal details to commit fraud. When cheaters acquire your name, the number of your Social Security, the numbers of your credit cards, or any other kind of your personal information for their use, they are committing a crime.
Identity theft happens to be the quickest financial crime on the rise. One of the primary things the FBI came across regarding the September 11 hijackers was that as much as half a dozen of them made use of driving licenses and credit cards with identities picked up from flicked or fake passports.
If you are really concerned regarding the confidentiality of your financial details, your credit records, your portfolio, your card numbers that have been charged, you can defend yourself from culprits eager to make the most of all those details. The act of crime could be as plain as somebody pinching your credit card number and then going on a shopping spree and charging all the purchases to your account.
The circumstances could also be as complicated as a robber making use of all your personal details like your name, date of birth, and Social Security number to take possession of your credit card as well as your bank accounts, or could open up new accounts.
The people who pen down their Social Security numbers and driving license numbers on their checks are tempting identity theft making it quite simple to carry out. One check would be more than enough for an imposter to give access to your bank account numbers, Social Security numbers and driving license numbers along with your telephone or mobile number, your address and maybe even a specimen of your signature.
Kinds of Identity Theft
Identity fraud can vary from allowing bad checks to pass and making use of stolen credit cards all the way to capturing the entire financial existence of another person. The simplicity of getting hold of Social Security numbers from over 3 billion credit requests per year make identity theft a reasonably easy scam. On a daily basis, there are over a 1,000 people who become victims of their identities being stolen by some impostor that submits an application for credit in the name of the victims.
After acquiring a loan or increasing the credit card charges, the crook usually vanishes so that he is not spotted another time and leaves a messed up credit rating that might take a lot of time to make it right. Therefore you must defend yourself from identity thieves.
