The Credit Card for SAFE Online Spending

Credit card usage is the economic reality of modern spending. Most American adults carry four or more credit cards and collectively spend billions of dollars via credit annually. Since modern spending is virtually impossible without them, and so much is dependent on credit scores, ownership of credit cards is now a necessary risk of modern economics.

Most people are aware of the various frustrations and potential risks associated with credit cards. Overspending, interest fees, credit score ratings, and theft are all legitimate concerns for today's credit card holders. However, so many are unaware that most, if not all of these potential threats can be avoided with the application of simple common sense, safeguards and preventative measures.

High interest fees and low credit scores are usually the result of over-spending. Therefore the consequences of frivolous purchases should always be considered. Since interest fees are based on the amount owed to the credit card company, sound judgment must be applied when using credit cards for large sum purchases, even when considering emergency necessities. If the balance owed is paid within the grace period, (usually 25 to 30 days), zero interest is accrued. An equally, if not even more important result of paid balances is a higher credit rating, which is crucial when seeking large sum purchases and when those dreaded real emergencies do occur.

Fraudulent charges and theft of credit card information are major concerns for all credit card holders. Even though most, if not all fraudulent credit card charges are typically reversed by most credit card companies, the result of those experiences can still be devastating. Additionally the threat of identity theft via credit card fraud continues to escalate. However today there are numerous credit card security services that provide protection against most adverse effects of credit card theft. These services are certainly worthy of research and consideration for credit card holders.

PREPAID credit cards are the most intelligent alternatives to conventional credit cards, since absolutely no personal, private, or banking information is attached to these cards. In the event of theft, your financial loss is restricted to the actual dollar amount remaining on the prepaid card, and again, since no personal information is attached, theft of your personal information is not a threat. There are several, easily accessible, and reliable prepaid credit cards available today, and most can be purchased at numerous locations throughout the nation. Although most prepaid credit cards do carry a small up-front fee when purchased, the cost is typically well under $10. Considering the alternatives, prepaid credit cards are without doubt, the WISEST choice for all purchases made via internet and phone ordering services.