1. Choosing a credit card
Molly, Cecilia, and Levi

2. Where do I find them?

3. How to find credit cards and the places you can find them.
Online
Stores
Walmart
Tractor Supply Company
Airlines
The Hawaiian Airlines
Delta
Banks

4. 1. But what do I do with My Card?

5. General do’s and dont’s for shopping with credit cards
Do keep your credit in mind.
Do check out the fine print
Do take time to review the card.
Don’t
Don’t apply to the first card you find.
Don’t pick a store credit card if you don’t have too.
Don’t apply for many credit cards at once.

6. How to get your card interest lowered
Seek out balance transfer options
Moving your balance to another card can help get the finance charge monkey off your back – a useful short term solution.
Seek out another type of debt
Investigate getting a personal loan at your local credit union.

7. Hidden costs associated with credit cards.
Zombie
A subscription service that keeps getting charged no matter how many times you cancel it.
Duplicate or archived statement fee
If you want copies of a lost or old statement, you will pay by the page.

8. Credit limit refers to the maximum amount of credit a financial institution extends to a client through a line of credit as well as the maximum amount a credit card company allows a borrower to spend on a single card.
Credit card balance is the amount of money owed to the credit card company. A new credit card balance may take up to 24 hours to update, once a payment has been processed, depending on the credit card company and method of payment employed.
annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment, and is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.
The daily balance method sums your finance charge for each day of the month. To do this calculation yourself, you need to know your exact credit card balance every day of the billing cycle. Then, multiply each day's balance by the daily rate (APR/365). Add up each day's finance charge to get the monthly finance charge.
The grace period is the time during which you are allowed to pay your credit card bill without having to pay interest. The Credit CARD Act of 2009 requires that if issuers have grace periods, they must last at least 21 days. The grace period usually applies only to new purchases.
a payment made to a professional person or to a professional or public body in exchange for advice or services.
the maximum amount which a liability insurance company agrees to pay as a result of a single accident or injury to a single person.
a thing that motivates or encourages one to do something.

9. What kind of Credit Cards are there?
But
What kind of Credit Cards are there?

10. Type
Consider
Effect
Example
Standard
Be sure to read over any terms and conditions for these add-on services before applying. If you use the card responsibly and pay all your bills on time, you can ask for a credit line increase down the road. The extra fees and low credit lines will be worth it if a secured credit card helps you get your overall credit back on track.
Secured credit cards require collateral for approval
Collateral can come in the form of a car, boat, jewelry, stocks or anything else of monetary value
Secured credit cards are for people with either no credit or poor credit who are trying to build or rebuild their credit history.
Premium
Credit cards are obtained based on your ability to repay the borrowed money. The lender is cautious about giving money to a risky borrower, especially since the money is unsecured. A borrower's spending habits are used to determine his or her risk; these are assessed based on his or her credit report.
These consumers typically have huge salaries and are heavy spenders and travelers. Some cards are offered by invitation only. The interest and annual fees, however, tend to be high. The cards' perks may include 24-hour concierge services or a personal assistant, access to exclusive airline lounges, and worldwide travel and auto assistance.
These are the "gold" and "platinum cards". They are generally referred to as "upscale". They are offered to consumers with excellent credit, which means they've retained this standing for few years, and can afford high credit limits of at least $10,000.
Charge
A charge card is a specific kind of credit card. The balance on a charge card account is payable in full when the statement is received and cannot be rolled over from one billing cycle to the next.
Whether you have a credit card or a charge card, the most important factor in building or improving your FICO score is using credit responsibly. That means paying your bills on time and using your credit only when needed. If you can do those things consistently, you should be well on your way toward maintaining a good score.
American Express and Diner's Club are two well- known organizations that offer charge cards.

11. Limited Purpose
Limited purpose credit cards can only be used at specific locations.
Limited purpose cards are used like credit cards with a minimum payment and finance charge. Store credit cards and gas credit cards are examples of limited purpose credit cards. ??
Secured
Cards that help rebuild credit often come with low credit lines (such as $250) and additional fees, such as an application fee, may apply
If you use the card responsibly and pay all your bills on time, you can ask for a credit line increase down the road. The extra fees and low credit lines will be worth it if a secured credit card helps you get your overall credit back on track.
Secured credit cards require collateral for approval. A security deposit of a predetermined amount is needed in order to secure the credit card, and the security deposit generally needs to be of equal or greater value than the credit amount. Collateral can come in the form of a car, boat, jewelry, stocks or anything else of monetary value
Prepaid
Although most prepaid cards do not charge finance fees, other fees may apply, including monthly fees, startup or application fees, over- limit fees, ATM fees, reload fees and more. Be sure to thoroughly look over the terms and conditions for each specificA card before applying.
Although most prepaid cards do not charge finance fees, other fees may apply, including monthly fees, startup or application fees, over- limit fees, ATM fees, reload fees and more
With these cards you determine the credit line by transferring however much money you'd like to have available to spend to the card. This eliminates the risk of running up credit card debt and makes the budgeting process much easier.

12. Business
The difference is these cards come with many additional benefits and perks exclusively for those in the business world.
Some of these bonuses include: Business expenses kept separate from personal expenses; special business rewards and savings; expense management reports; additional cards for employees; and higher credit limits.
These cards are available for business owners and executives and have many of the same features as traditional credit cards: low introductory rates, cash back programs and airline rewards.

13. Sources

14. Any questions? No Cool Put your hand down
THANKS!
Any questions? No
Cool
Put your hand down