Memphis Credit Card Rates

Living like a King doesn’t come cheap in Memphis. If you want to channel Elvis for a day and visit Graceland, it is going to cost you. The best way to pay is with a low rate Memphis credit card. Attracting over 600,000 annual visitors, Elvis’s former home is one of the most visited houses in the United States. The Lisa Marie airplane is there, tons of his clothes and memorabilia, it is a must see destination.

After charging your admission, make sure to keep the plastic with the best Memphis credit card rates handy because the souvenir shop is crammed full of kitschy Elvis goodies.

Getting a Low Memphis, TN Credit Card Rate

Memphis Banking Rates recommends that you only spend what you can afford each month, but if you do find yourself not being able to pay your full credit card balance each month, then use a Credit Card with the lowest possible interest rate. Some Credit Cards may offer a much lower interest rate without all the extra perks and cash-back bonuses. These benefits may be great, but if you know you will be paying interest each month, work with the Credit card with the lowest rates.

If you have managed your credit well, getting the lowest credit card rates will be easy. If you’re like many consumers today, it is likely you have late payments, have gone over your credit limit in the past, or have had credit card balances that are too high. Memphis Banking Rates will help connect you with the best credit card companies for the most competitive rates.

Credit Card Fraud in Memphis, TN

Memphis, Tennessee Banking Rates works with Credit Card companies who spend a great deal of money to help protect against anyone trying to steal your credit card. Credit Card Fraud is unfortunately a wide-spread problem, and the best companies continue to improve their security to protect you. As they continue to work hard with our customers and the credit bureaus to prevent and reduce credit card fraud and save money, the lower credit card rates for consumers will go. Be sure to protect your identity and monitor your credit card activity to prevent identity theft, and catch it early in the event that it happens to you.

Choosing a Memphis Credit Card

Those square pieces of plastic we call credit cards are an essential part of the modern lifestyle. They help create a ready cash supply and let you do activities like renting a car, getting a hotel room, or simply shopping online. Credit cards can come with a lot of pitfalls though. Hidden charges and fees can make your bill much bigger than you originally thought it would be. Choosing the right credit card for your lifestyle is one way to avoid these credit traps. Here are five steps to finding the perfect credit card.

1. Credit rating. If you want lower interest rates on your credit card, then a higher credit rating is the way to accomplish that. Order your score from one of the three major credit companies or look online to find your free credit report. A credit score under 650 could make it difficult for you to find a card that will not make you pay exorbitant interest rates. Late payments or large amounts of debt can negatively affect your score, so avoid them when possible.

2. Research. Look at card offers online and offline. Each company is required to give you APR rates, the size of your credit line, who is providing that credit line, length of your grace period, any annual fee requirement, and any fees for credit insurance. Hidden fees could be your downfall in the future if you are not careful now. Memphis Banking Rates can help you find the lowest credit card rates on the current market.

3. Figure out what you want. Look through the card offers. Discover what appeals to you and what does not. Credit cards come in many different forms. What may have been right for a friend or parent may not be right for you. Student credit cards could be appropriate for a younger spender. A travel rewards card could be right for the always-on-the-move businessman. Make sure you know what will work best for you before applying.

4. Credit union? While many people worry that credit unions are not insured by the FDIC, many are insured. This can be verified by looking at their website or simply giving the credit union a call. Credit unions offer lower interest rates to their customers than most banks do. However, many have restrictions for becoming a member. For a teacher’s credit union, you will probably have to be a teacher in that area. Furthermore, credit unions frequently require customers to open up a savings account before getting a credit card. If you qualify, consider this option to receive lower interest rates.

5. Compare. Now that you have done all the research and figured out exactly what you want, look at the cards which fit your criteria. Evaluate their interest rates and choose the one which fits you best. Enjoy your new credit card and spend wisely!

5 Ways to Prevent Credit Card Identity Theft

In today’s world of wireless technology and online banking, credit card identity theft has become a major problem. Identity theft occurs when someone uses your information to access your credit history, banking resources, or other benefits using your name. This can result in massive debt and a lower credit rating for the innocent target of identity theft. Here are some tips which may keep you from getting your identity stolen.

Monitor your credit report. Free credit reports online will show you an up-to-date credit history. Review this carefully at least once a year. If you find any errors, dispute it immediately to prevent identity theft as soon as possible.

Get rid of the evidence. Shred documents and cut up old credit cards. Credit card receipts and other financial information should never be thrown away in a public place. Bank statements, credit card statements, and pre-approved credit card offers should never be left lying around.

Review your credit card statement. Before you shred it, look at your credit card statement carefully to access whether any extraneous charges have been put on it. If there are, someone might have copied your card number and  used it to go shopping. Report these immediately to the credit card agency, shut down the card, and wait for a new one to come in the mail.

Never let your credit card out of your sight. One way identity theft occurs is when you give your card to a waiter. They leave to swipe it and are then able to copy the number, expiration date, and pin number on the back. Those three things are all you need to go online shopping. Avoid shopping in places where your credit card will leave your site. While chain restaurants are a little safer, mom and pop diners could be a dangerous decision.

Don’t give away personal information easily. Never check your online banking account on an insecure wireless connection. This could allow a hacker to steal your password and control your account. If you receive an email asking for any kind of personal information, always verify with the company that they actually sent it. Look up email scams on sites like Snopes. Identity thieves will claim to be from your bank, the government, law enforcement, census workers, and even Red Cross representatives to get you to give them personal information.

Let Memphis Banking Rates help you find a credit card that is right for you while avoiding the hassle of identity theft.