How To Get A Credit Card Without Using A Bank Account

It can be a great thing to have a credit card, but it can be hard to get one if you don't have a particularly good credit history. Restrictions to get credit cards are quite tough, and if you have bad credit you might find it nearly impossible to get a credit card. If you can get one, sometimes, you may find yourself it with very high interest rates or other charges that make these credit cards very expensive.

If you don't have perfect credit or you don't have a bank account, though, there's still hope. There are credit cards that are known as "no bank account credit cards." These credit cards can help those with bad credit reestablish credit. They're quite easy to get and they can help you repair your credit so that you can live the life you want.


These types of credit cards are preloaded. Your credit limit is what you have loaded onto the card by pre-payment. If you want to reestablish your credit but want to control your spending and know how much you have the same time, this credit card may be just what you need. They're also good if you want to learn how to manage your money. It's also great because these cards will give you the power and convenience of the credit card without any of its drawbacks; with them, you can be sure to live within your means.

Don't rush out and get one of these credit cards just yet, though. First, look around and find the best deal available to you. Most of these "no bank account" credit cards will give you the same rewards and incentives as traditional credit cards, as well as online access to your account. These are accepted in any location traditional credit cards are and you can also have ATM access for instant cash. If you find a particular card that doesn't give you these types of benefits, look for one that does.

You should also look for a no bank credit card with a low interest rate, no annual fees, and very good customer support. It's very important that you get good customer support with these types of credit cards, because you don't want to be stuck high and dry if you encounter a problem.

Take your time and do your homework when you look into no bank account credit cards. You'll find one that's a good deal for you, especially if you look online. Compare features, rates, and incentives. Choose a company that provides the best benefits for you. In this way, you can utilize a credit card that will give you all of credit cards benefits without having to worry about your credit history or the need to have a bank account.

Author: promax

Source: www.articledashboard.com

Mobile Phone Banking - 5 Reasons You Should Use Mobile Phone Banking Services

Mobile phone banking is catching on in the US, with a number of banks already offering the service or announcing plans to do so in the near future.

Depending on the facilities made available by your bank, you should be able to check your balance, view a statement and history of transactions, send money and receive money.

Here are some of the reasons you should consider taking up mobile banking:

1. It is a bank outlet in your pocket - Mobile phone banking is convenient, allowing you to conduct many of your banking transactions wherever you are, regardless of the time.

2. Mobile banking is easy to use - Banks are also aware that their user-interface has to be easy to use so it does not put people off using the facility. The user-interface also allows multiple payments without having to fill a gazillion forms, and saves the record of the transaction.

3. Mobile banking usually costs less - Some banks also offer the facility at cheaper rates than if the consumer did in person banking.

4. Mobile banking minimises risk of fraud -Mobile banking will help you minimise the risk of fraud in your bank account. The facility ensures you receive notification when there is activity in your account. The notices include debit order activity, deposits, withdrawals, transfers of cash to your account or when your credit card is used.

The notice comes at the instant of the transfer, rather than when the funds hit your bank account. So you no longer have to listen to "I transferred the payment and don't understand why the funds haven't reached your account yet."

5. Mobile banking offers access to instant money - Some banks enable instant cash transfers if the beneficiary and recipient accounts are held in the same bank.

This means that, at a click of a button, you can send cash to your child/ partner/ spouse/ friend/ relative if they have an emergency and need money immediately.

Author: Damaria Senne
Source: www.ezinearticles.com

Mobile Banking : an Introduction

After Internet Banking, Mobile Banking or M-Banking has become the buzz word in the industry. It’s a fact that Internet Banking has given a boost and has shown a successful way to consider it as a good alternative procedure against physical branch banking. Now where ever you are, you can access your bank account and you can do lot more things like checking your account balance, transfer money to some other account, pay your utility bills online and so on, just by comfortably sitting at your home or office. But, the technical disadvantage of Internet Banking is, you have to have internet connectivity and a computer. Definitely it’s not a big hindrance in US or Europe or in the other developed countries, but if one considers the developing economies, then it’s a genuine problem and more specifically in the tier II cities.

And here Mobile Banking comes into the picture to address the basic limitation of Internet Banking. If we only consider Asian developing countries, the availability of mobile connectivity is really huge. Where one may not find out a landline telephone or an internet connection, but still in those remote places getting mobile connectivity is not a major issue today.

So, Mobile Banking has given the traditional banking a newer look “Anywhere Banking”. Now you don’t need a PC or a laptop with internet connectivity, just you need your cell phone with you. Considering the Asian economy countries like China, India and Korea have seen the mobile boom in last one decade. A projected value of mobile connectivity in India shows that it will touch 180 Million subscribers by the end of 2008, where it was pegged at around 2 Million in the year 2000. In Korea, more than 70% of the entire population is carrying mobile devices.

The biggest advantage Mobile Banking provides to the banks is that it helps to cut down the costs as it’s even more economic than providing tele-banking facilities where banks have to keep hundreds of tele-callers. Additionally, Mobile Banking helps banks to upgrade the quality of services and nature of customer relationship management. Using Mobile Banking, banks can communicate to the defined cluster of clients. The offers can be customized and this personalization can give the banking industry a huge mileage, even at a lower cost. Again, using the same mobile channels, banks can up-sell and cross-sell their highly complex financial products to the specific set of customers which can be coupled with the selling strategies of Credit Cards, Home Loans and Personal Loans etc. On the contrary, the service providers can also accrue more business by providing the Mobile Banking services to their clients. Countries like Japan, Korea or Singapore where the mobile connectivity has already reached its saturation, the service providers can make handsome business by providing additional banking services to the same static client base.

In the services front, different banking services can be provided, depending upon the banking regulations in respective countries which may include Account Balance Enquiry, Account Statement Enquiry, Credit/Debit Alerts, Bill Payment Alerts, Cheque Book Requisition, Transaction History, Minimum Balance Alerts, Fund Transfer Facilities, etc.

Mobile Banking activities can be categorized in two different manners.

1. By the Nature of Service: It can be any of the two, either Enquiry Based or Transaction Based. For example, Account Balance Enquiry or a Cheque Book Requisition can be the good examples of Enquiry Based Services where a Fund Transfer or a Bill Payment is a Transaction Based activity.

2. Depending on the Originator: Again there can be two different types of services; Push and Pull, depending on the nature of the originator. A Push based service is from the Bank to the Client and vice versa. For example, Bill Payment Alert can be a Push based service, when getting Recent Account History is a Pull based one.

In different countries, Mobile Banking has already gained its popularity. For example, in the South Korean market LG Telecom teamed up with Kookmin Bank to provide their Mobile Banking services in 2004 and since then they have seen a nice and steady growth. In India, Reliance Infocomm has started providing Mobile banking services to ICICI Bank and HDFC Bank through their R-World environment.

The Mobile Banking services will become more popular once the availability of the smart phones or PDA phones shall increase as Smart Phones come with larger screens and bigger memory size. In the application development front, both J2ME and BREW have done excellent work and industry expects by the year 2012, more than 80% of the mobile handsets will be able to run stand alone Mobile Banking applications and that time it will be “Anywhere Banking” in real sense.

Author: Paramantapa Dasgupta
Source: www.articlesbase.com

Credit Card: the Bank in the Wallet

What do you do when you see something very attractive in a showroom and feel a strong urge to buy it at that moment only but your purse do not allow you do so? Definitely you go for your credit card or your debit card. Yes, it is the plastic money that has become the trend of the day. You do not need to carry a pack of money with you to buy something; no matter it is a big one or small.

The leverage that is offered by plastic money has been carried a long way by credit card. No matter whether you have balance in your bank account or not, purchasing a product of your choice or availing a service you need is in no way difficult. While your debit card becomes invalid when your bank balance is next to zero, the credit card allows you to buy things now and pay for them later.

This is the reason why credit cards have got ubiquitous usage now. It has become the part and parcel of life. Nowadays, it is not enough for anybody to have the card of only one company. It is not at all surprising if you see that a single person has multiple cards under his disposal. This is because various card companies have different and incentive plans. To avail the benefits of different companies, it is necessary to take cards from more than one company.

Finding credit card flashy and handy, many people start making frequent use of them and, in the long run build up debts in huge amount. So, it is never recommendable to use these cards unless there is an urgent need. At the same time, it is also advisable to clear the payments of the cards before due date to avoid paying extra or high interest and to keep up good relation with the agency.

About the author:- The author is an expert in credit cards, credit card UK, compare credit card and has written a number of authoritative articles on this subject. His articles are widely read because of the clever tips and valuable advices he provides in them.

Author: Smith James
Source: www.ArticleBiz.com