Credit Cards with No Transfer Balance Fees

American Express Credit Card, A Company History

The American Express credit card had been around since 1850 since then the American Express credit card has seen it good quarters and it fare share of bad quarters as well. Yet, a well-established company that is willing to help people receive a credit card that will suite everyone’s individual needs. They have been around long enough that, the American Express Credit Card Company knows what kind of fees are going to be feasible for the average person to be able to afford with out going into credit card debt shortly after they receive a credit card.

The American Express credit card has a variety of different types of credit cards so that everyone would find a credit card for all their needs. You are able to apply for an American Express credit card for the individual person. When you start to look at the different personal American Express credit cards you are going to see more than just one kind of credit card that you are able to use. You are going to see that the American Express credit card offers you to have cash back, traveling, and even a savings award. You are going to want to have an idea to what you are looking for in a credit card from American Express. That way there you are going to have an idea of what you are wanting in return from the use of the credit card.

The American Express credit card also offers a credit card for the small business owners that are out there as well. With the small business credit cards, the business owner can enjoy American Express’s many benefits. The American Express credit card even offers rewards for the small business owners just like the credit cards for the personal solutions. You can receive a credit card with cash back, airline awards, travel and shopping rewards. You are going to be able to choose credit cards that will suite your company in the best way possible. They do even offer credit cards with no pre-set limit, low introduction APR, complimentary first year, and no annual fee for the small business in the country.

When you are looking for a credit card for yourself or for your small business you may want to check out what the American Express credit card has to offer you. There is a couple of different kinds of credit cards that are offered through the American Express company offering you a credit card that is going to fit all of your needs as for as the use and fees of a credit card has to offer. If you are going to choose to apply for a credit card from the American Express, you are even going to know that you are going to choose a company that has a history of over 150 years in service. That would help you feel a little better about choosing a credit card company that has a steady history that they are not afraid to share with anyone.

Commercial Credit Reporting

Commercial credit reportingis the compilation and reporting of the credit histories of commercial enterprises. While most people are familiar with consumer credit reports, many are unaware that a similar reporting system exists to assess risk in extending loans to businesses, underwriting insurance risk, purchasing or investing in businesses, and shipping goods to businesses on credit.

Every country in the world has commercial credit reporting agencies, which allow foreign exporters to asses the risk in shipping goods to a wholesaler in that country. Governments also use commercial credit to regulate businesses and collect taxes.

The information age has changed the gathering of commercial risk information. Before telephones and the Internet, the only way to gather risk information on a business was to visit the business owner in person. Credit reporters would ask business owners for the names of the companies that supplied them on credit terms, what banks they dealt with, how many workers they employed, and so on. It took days, even weeks, to fulfil a request for a commercial credit report.

This time-consuming process is no longer necessary. Credit Report Australia can now be compiled in seconds, without a business-owner’s knowledge. Suppliers are now asked to supply commercial credit-reporting agencies with frequent trial balance downloads on all their accounts receivable.

These trade-payment experiences are linked in order to show how a business pays its suppliers. Collection agencies share this information with credit-reporting agencies.

Publicly available information—bankruptcy filings, lawsuits, lease registrations, and judgements, for example—is also gathered. As this flood of information accumulates over a period of years, trends become apparent, making it possible to track a business’s cash flow.

Companies that are frequently unable to pay their suppliers are quickly identified. Computerised monitoring systems tell suppliers when to restrict credit to unhealthy businesses. These comprehensive, detailed reports are reduced to two-digit scores that enable automated credit approvals and rejections.

Commercial credit is more volatile than consumer credit. Few businesses remain unchanged five years after their founding; all businesses face constant competition for clients and markets. And the granting of credit by businesses is very much market-driven. Retailers buy goods on credit in the hope that they will be able to sell them at a profit before being required to pay for them.

Retailers who are required to pay for their inventories in cash on delivery—due to their inability to obtain credit from suppliers—are at a serious competitive disadvantage. Most businesses, unlike consumers, are oblivious to the risk-reports being compiled on them, and may never discover why they are unable to obtain credit from their suppliers.

The strict laws that govern consumer credit-reporting agencies rarely cover commercial ones. Despite this lack of oversight, complaints about the accuracy or completeness of information in a commercial credit report can potentially harm an agency’s reputation, so they do take complaints seriously.

Global Credit Solutions Australia (www.gcsaustralia.com) is recognised as a leading supplier of global commercial credit reports.

EDIT: Apparently the band’s being replaced due to Experian, the parent company of FreeCreditReport, forcibly changing the brand name to “FreeCreditScore.com” Here ya go. Oh yeah, sorry about how the video flashes occasionally, I tried my best but I just couldn’t fix it. Deal with it. Lyrics: New Job/Pirate Restaurant Commercial: They say a man should always dress For the job he wants, so Why’m I dressed up like a pirate In this restaurant? It’s all because some hacker Stole my identity Now I’m in here every evening Serving chowder and iced tea Shoulda gone to: Free credit report dot com Yee-haa! I coulda seen this coming at me like an atom bomb They monitor your credit and send you email alerts So you don’t end up selling fish to tourists in T-shirts Offer applies with enrollment in Triple Advantage. Dream Girl: Well I married my dream girl I married my dream girl But she didn’t tell me her credit was bad So now instead of living in a pleasant suburb We’re living in the basement at her mom and dad’s. No we can’t get a loan For a respectable home Just because my girl defaulted on an old credit card If we’d gone to free credit report dot com I’d be a happy bachelor with a dog and a yard. Offer applies with enrollment in Triple Advantage. New Car: Well I was shopping for a new car, which one’s me A cool convertible or an SUV? Too bad I didn’t know my credit was whack ‘Cause now I’m driving off the lot in a used sub-compact. FREE, that spells free- Credit report dot com, baby …

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Citibank Credit Cards - What We’ve Got Here Is… Failure To Communicate!

Citibank credit cards and their parent company Citigroup are an interesting study. How many of you remember the classic movie Cool Hand Luke? In Cool Hand Luke, Luke (played by legendary actor and philanthropist Paul Newman) gets arrested for cutting the heads off of parking meters after a night of drinking. As a result, Luke finds himself in a Florida prison camp run by a brutal Captain and his coalition of rough-neck prison guards. Luke is soon labeled a trouble maker by the sadistic Captain and his staff when the other inmates begin to respect and idolize him for his inspiration individuality and independence. In a famous scene, after an attempted escape Luke is shortly returned to the prison camp where he is placed in leg irons. Referring to the leg irons, the Captain tells Luke, “Don’t you never stop listening to them clinking. They’re gonna remind you of what I’ve been saying for your own good.” Luke then replies to the Captain, “Wish you’d stop being so good to me Captain.” Then the fanatical Captain hits Luke and knocks him down a hill on the roadside where the other inmates were working. While Luke lies facing the ground, the Captain tells Luke, “What we’ve got here is… failure to communicate.”

What does this have to do with Citibank credit cards you ask? Well, at times Citibank seems to treat its customers the way the Captain and his prison staff treated the inmates of the prison camp in Cool Hand Luke. In early 2007, Congress was considering greater regulation of the credit card industry. At that time, in order to avoid greater regulation Citigroup executives promised congress and Citigroup customers that it would no longer reserve the right to raise interest rates at any time for any reason. Yet in little more than a year, Citibank had reneged on its promise it had made to Congress and tens of millions of credit card customers and began raising rates in tough economic times. This is an apparent “failure to communicate” much like in the movie. In an attempt to explain breaking their promise, a Citibank official stated, “We are carrying out this repricing in order to continue lending in this environment.” Citibank seems to have raised credit card rates to satisfy its own interest, not the interest or needs of its credit card customers in tough times. I suspect by now Citibank credit card customers wish Citibank would “stop being so good” to them.

In another move by Citibank reminiscent of the movie Cool Hand Luke, Citibank seems to have a laundry list of fees and just about any cardholder action or inaction can trigger these fees. In the movie, Carr the prison guard known as the “floor walker” methodically listed a series of infractions that could get you “a night in the box.” The box was harsh solitary confinement where just about any action could land an inmate. Addressing the inmates Carr the floor walker stated in near monotone delivery, “Them clothes got laundry numbers on them. You remember your number and always wear the ones that has your number. Any man forgets his number spends a night in the box. These here spoons you keep with you. Any man loses his spoon spends a night in the box. There’s no playing grab-ass or fighting in the building. You got a grudge against another man, you fight him Saturday afternoon. Any man playing grab-ass or fighting in the building spends a night in the box….etc” Citibank cardholders are now reportedly being charged an annual fee of to if they spend less than ,400 per year on their credit cards. Some customers have also had their Citibank credit card rate jacked up to 29.99% for no apparent reason. Unlike in Cool Hand Luke, increased credit card fees and rates may be worse than “a night in the box.” At least a night in the box was only one night. Unfortunately, every indication is that Citibank’s recent increases will last far longer than one night.

There are some Citibank credit card customer’s who have been customers for years now refusing to use their cards due to the radical rate increase. So what does all this mean for the Citibank credit card holder or potential credit card holders? It means you must be extremely vigilant. If you are currently a Citibank card holder, please review your credit card agreement carefully. The more information you have the better off you will be. If you are a potential Citibank credit card holder, please carefully review their credit card offers and compare them with offers from other card issuers such as Chase credit card, and Discover card. Remember that choice leads to competition which leads to better pricing and a better deal for you.