Credit cards bring many different purposes by consumers around the world, and one of these reasons is personal purchases. With a Exxon credit card, card holders get discounts and other perks for using their credit card. Credit card companies back the majority of the offers by department stores, however , many times help stores like Exxon have the best credit card of 2011. The partnership with credit companies allows the department store to issue great rewards for simply signing up and using the card with regular store purchases.
Credit card advertisements for such things as the Exxon credit card are many times only found in stores, so be sure to check in to your local department store to ask for a credit card application. When the store is not near you, most stores, including Exxon, setting up a credit card through their online application, or they'll mail you an application for his or her card. Since frequent shoppers could save quite a bit with a credit card for any specific store, look into the choices for a line of credit out of your favorite store.
Credit card offers in 2011 abound, but few actually offer rewards that make amends for high interest rates. With a Exxon credit card, the annual percentage rate, or annual percentage rate, is actually quite low as compared to other competitors. Some base APRs could be upwards of 25%, while Exxon variable rate is as low as 18%. This may not appear to be a large difference, but with a higher balance you can end up having high credit card costs. For instance, if you have an outstanding balance of $500, the penalty on the 25% card would be $35 more than using the 18% Exxon card. The savings over an entire year can add up to the hundreds, so make sure you keep an eye on APR before signing up with a credit card that has a high one.
Having a Exxon credit card also comes with benefits such as online bill pay, in-store bill pay, shared accounts, along with a guarantee to be notified of upcoming deals within the store. One of the best features of this card is that there is no annual fee, and no finance charge when your balance pays in full each month. The low credit card costs are a good benefit of this card, and should be considered heavily when deciding what department store credit card you are prepared to spring for. Another huge advantage of the card is the bonus to starting up. On signing, you will get 15% off of your purchase after you get your card within the mail or while you are in store. On a large purchase, this discount can save you a large chunk of change.
This Exxon credit card also offers great options for flexible use. Credit limits can be increased at your request once you have a proven history of payment. This will allow for larger purchases to become made on the card you use most. When considering this limit, however, ensure that it stays in range of what you can actually pay off in order to stay on top of the instalments for the card. With other options such as the ability to add authorized users, this card could be beneficial to an entire family. The Exxon card is commonly a great choice for those who would like a flexible payment option on purchases inside the store, as well as a convenient medium for sale. Credit cards should always be used with care, but can, if used properly, actually save you time and money.