Credit Card Planning 10: Maressa Dow. American Express ® Gold Rewards Card Card type: Charge Card Annual Fee: $150* Supplementary Cards:1 Free Supplementary.

Slides:



Advertisements
Similar presentations
US Bank FlexPerks Business Cash Rewards Credit Card
Advertisements

1 Credit Card Basics What you need to know before signing up…
Credit Cards Avoiding the Credit Trap. Credit Cards Credit cards are a good way to build credit, if used wisely Receive monthly statements. Can be mailed.
Budget. A financial plan drawn up for an individual, a family, a business or a government. It is usually for a period of a month or a year. Done right.
Credit. Lending Institutions Banks Mortgage Companies Finance Companies Credit Unions Insurance Companies Brokerage Companies U. S. Government Check Advance.
Credit Cards. What is a Credit card? A plastic card that represents a line of credit A line of credit is an account with money that you can borrow repeatedly.
Consumer Banking Dollars and Sense. Interest Rates – Rules of Commercial Banks – Interest rates charged for loans higher than Savings Banks and interest.
Depository Institutions Take Charge of Your Finances.
HOW CREDIT CARDS WORK What you need to know about credit cards- including what credit cards companies can and can’t do, and what information they have.
Choosing a Credit Card By, Camaron Crittenden, Adrienne Martinez, Blake Opdycke, Katie Riffe.
1 Press Ctrl-A ©G Dear 2011 – Not to be sold/Free to use Credit Card Costs & Charges Stage 6 - Year 12 Applied Mathematic.
Chapter 8 Managing Your Credit. Copyright ©2014 Pearson Education, Inc. All rights reserved.8-2 Chapter Objectives Describe the key characteristics of.
Web Analytics: SEO/SEM, PPC, and Clickstream Debbie L. Johnsen January 28, 2014 Products and Services Mira Ness September 11, 2014.
By: Enrique Montero.  Space Coast has been serving members since 1951, it is the third largest credit union in Florida and serves over 360,000 members.
Credit Cards By: Sarah Stride.
Three Credit Card Offers: Capital One: Venture Rewards American Express: Green Card Discover: “It”
Credit Card Planning Project By: Lorne Chauvel. TD Cash Back MasterCard Annual fee: zero fee Interest: Purchases 19.99% Interest: Cash Advances 22.99%
Understanding Credit Cards
Consumer Action: Use Credit Wisely Consumer Action created this project in partnership with USE CREDIT WISELY.
Chapter 4 “going into debt”
Annual feeNone Finance chargeMinimum of $0.5 Minimum payment Greater than $25 or 1% of your balance plus interest Balance transferNo, with 14-21% APR.
Citi ThankYou® Preferred Card for College Students
Personal Finance Spring  Allows the user to buy goods based on the promise that they will later pay for the goods  Issuers give users access to.
By: Sam Hafner and Benjamin Finzel. Discover-it card “See all it can do.”
1 Chapter 3 Credit Cards Ken Long New River Community College Dublin, VA 24084
Throughout the world, its principal business is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers.
Simple Interest And Methods of Payment. * Whenever money is borrowed, the borrower (an individual, organisation or community) pays the lender (a bank.
Credit Use and Credit Cards Steven M. Hays BKHS – Personal Finance Steven M. Hays BKHS – Personal Finance.
CREDIT: Day 2. Types of Credit Credit Cards Loans.
ECONOMIC EDUCATION FOR CONSUMERS ○ Chapter 10 LESSON 10.3 Sources of Consumer Credit GOALS ► Explain differences between a secured and an unsecured loan.
CREDIT IN AMERICA.  Credit –  Over ______ of all purchases in the U.S. are made on credit.  What do you buy with credit?
Credit Cards Plastic Money!. Credit Cards 90% of credit card purchases are impulse purchases! Only 54% of card owners pay off their balances each month!
DO NOW ACTIVITY: the check below, & find the FIVE parts of the check that are WRONG! Jan 28th My sweetest little cherubs One Hundred and.
BY: JESUSINA GYAMFI ABANKWA.  Research 10 Credit Cards -go to  Choose one credit card.
2 You Will Know Major types of insured financial institutions Basic banking terms Differences between banks and check-cashing services Bank employees.
MELAK AL RDAHI. great sign-up bonus for travel worth $500 Annual Fee: no annual fee Rewards: 2 ThankYou® Points per dollar APR: N/A Introductory APR:
By Rahel Kindya. This is a REWARDS CARD Annual Fee: you pay $95 a year, but the first year is free Rewards: 1 point per dollar APR: Variable %14-23 Introductory.
Comparing Credit Cards BY KHEMRAJ SOOKRAM. Citi® Diamond Preferred® Card Get 0% Intro APR on Balance Transfers and Purchases for 18 months. After that,
Annual feeNone Finance chargeMinimum of $0.5 Minimum payment$10 Balance transferNo (fee = $5 – 3%) APR 0% for 18 months then 13-22% on purchases -- depending.
Using Credit SSEPF4.a, SSEPF4.b, SSEPF4.c. Loans and Credit Cards: Buy Now, Pay Later The U.S. economy runs on credit. Credit – The ability to obtain.
March 7, 2011 Objective: Students will evaluate business banking through comparing and contrasting.
Credit Card Comparison
Family Economics & Financial Education 4.1.G1 © Family Economics & Financial Education – Revised October 2004 – Credit Unit – Selecting a Credit Card Funded.
CHAPTER 4, SECTION 4 Cash Advances. I CAN…  Calculate total finance charges on cash advances.  Calculate credit card balances that include cash advances.
Interest Rates BY: Alland Odisho. ANZ Credit card: Interest rate on purchases 18.99% p.a. 3 Interest rate on cash advances 20.74% p.a. 3 Interest free.
Credit Card Offer: Shop Around Greg Bush and James Colpean.
Lesson 7-2 Getting Started with Credit Learning Objectives: - Compare the sources of credit - List and explain the benefits of credit.
Credit and Credit Cards Costs and Benefits of Having a Credit Card ©2012, TESCCC.
Installment Buying All for 3 easy payments of…. Installment Buying  Pay for a portion of the purchase now  Remaining balance owing is divided into equal.
CREDIT CARD COMPARISON. INSTRUCTIONS: Research 10 Credit Cards -go to Choose one credit.
1. Financial mathematics  Compare differences between credit cards and debit cards  Calculate the simple interest for one billing cycle  Express a percentage.
Personal Finance CREDIT BY MR. BROWN. Topics  What is credit, and why it is valuable?  Building and Growing Credit  Credit Card Specifics  Charge.
Credit Cards are a part of most American’s lives, but if you don’t know how to use them, they can really make your life more difficult Credit cards don’t.
CREDIT. The Need for Credit  Credit is buying now and paying later  Today 80% of purchases are made with credit  Qualifying for Credit  Income- Money.
How To Choose Your First Credit Card. Do you have a credit card?
Consumer Credit Notes. What is Credit?  Credit is PRIVILEDGE of using someone else’s money for a given period of time.  Debtor – Person who uses credit.
HOW TO CHOOSE A CREDIT CARD. CHARGE IT! Using credit cards to pay for goods and services is a fact of life for most consumers. Yet, many consumers do.
© Take Charge Today – August 2013 – Understanding Credit Cards – Slide 1 Funded by a grant from Take Charge America, Inc. to the Norton School of Family.
Credit Cards A Simple presentation. RBC MasterCard $0 annual fee 2% cash back on grocery store purchases 1% cash back on all other purchases 19.99% purchase.
Credit Cards. Today we will discover….. What is a credit card? Who can get a credit card and how? The features of a credit card What happens if you lose.
Credit Cards Know what you’re getting into…. Pros  Convenient  Easy to Track  Consumer Protection  Special Services  Rewards (Points/Miles/Credits.
© 2010 Visa Inc., All Rights Reserved. Developing A Financial Plan  Look at your resources  Understand your expenses  Set financial goals  Identify.
What does credit cost? What is credit? What are advantages of using credit? Have you received credit card offers in mail? How many feel they are ready.
Know About Different Types Of Credit Cards Choosing your credit card can be a tough decision. You have many things to consider, like interest rate, additional.
British Airways Visa Card
Standard SSEPF4 – The student will evaluate the costs and benefits of using a credit card. SSEPF4a- List factors that affect credit worthiness.
Purchase Rate: 19.99% Annual Fee: $39 Additional Card: $0
5 of the Most Commonly Asked Credit Card Questions.
Presentation transcript:

Credit Card Planning 10: Maressa Dow

American Express ® Gold Rewards Card Card type: Charge Card Annual Fee: $150* Supplementary Cards:1 Free Supplementary Gold Rewards Card 17 - a $50* value - to help you earn points faster Medical insurance Front of the line Reserved seating 30% interest rate

Guaranteed Secured MasterCard Establish your credit history MasterCard benefits, including Zero Liability 24/7 customer service Security funds required Annual fee-$59 Annual interest rates Purchase 19.8% Balance Transfer 19.8% Cash Advance 19.8%

CIBC Tim Hortons® Double Double™ Visa* Card No annual fee 1% back in Tim Cash™ on all qualifying purchases $20 Tim Cash™ welcome bonus2 Interest Rate - Purchases: 19.99%5 Interest Rate - Cash: 22.99%5 Authorized User Spending Limits Assign specific spending limits for purchases and cash to your authorized user(s) at no cost.

Fvded in the Park $ per ticket Generally admission July Holland park Surrey B.C Deadmau5, The Weeknd,Tyler, the Creator, Afrojack Flosstradamus, Excision, Danny Brown Deadmau5The WeekndTyler, the CreatorAfrojackFlosstradamusExcisionDanny Brown The Chainsmokers, Chuckie, Borgore, Pete Tong, Ty Dolla $ign,Claude VonStroke The ChainsmokersChuckieBorgorePete TongTy Dolla $ignClaude VonStroke Vic Mensa, Tommy Kruise, Tokimonsta, Destructo, Keys N Krates, Haywyre Vic MensaTommy KruiseTokimonstaDestructoKeys N KratesHaywyre Stwo, Botnek, Humans, Thugli, Flipout StwoBotnekHumansThugliFlipout

Repayment Calculator

Repayment Calculator lower interest

My future with credit cards In my future I don’t see myself using credit cards because I feel like they can get you into a lot of trouble if you are not financially stable. However they are very useful and could be a positive