Open up your mailbox and what is the one thing you are sure to find? Another offer for a credit card. If you are like most people you probably get at least one, if not more, per day. The message is always the same: “You have been pre-approved for a new Platinum Visa Credit Card"! The tempting rate will be very low, or even zero, but of course, there is a catch. That great rate is only for a few months. How much will it cost when the introductory period is over? That part of it may remain a big mystery.
Better to go online and do your shopping for a credit card. It's faster, easier, and you can get all of the details and information that you need without guessing. You must realize that, even though those mail offers say you are pre-approved, you may not get the credit card anyway. It may not seem fair or right, but that is the way they work. Why bother filling out all that information when you do not even know that you are going to get the card?
Try the internet instead. Let's say you want to take advantage of one of those zero percent credit card offers. If you have a credit card with high balances, and the rate is also high, you probably will want to do this. The credit card companies offer these deals all the time, so if you get a chance to lower the rate on your high balance credit card, you would be a fool not to take advantage of it. There was an old joke years ago when the blond asked “Can I pay my Visa bill with my Master Card?" Now, it's not a joke, because yes, you can with balance transfer offers like these.
If you are looking for a new credit card to work with, instead of using the mail in offers that you get, go on the net and just type in “credit card approval". Or go onto the site of the credit card company you are interested in. You just fill out the application, online of course, and you will find out very quickly if you received an approval. Sometimes you can learn in less than an hour if you have been approved or not. Why wait for weeks to get an answer back through the mail. You can go online and get your credit card approval now.
Michael Benifez writes on finance matters for http://www.LifeinPalmCoast.com , covering the world of mortgage loans, refinancing, debt reduction and insurance in Palm Coast, Florida and Flagler county. His latest article on debt consolidation in Palm Coast Florida covers steps to reduce debt.