The security bank credit card from American Express is an extremely convenient credit card. With it, you get a 0% interest rate for the first twelve months, and then at the end of that period, you can choose to switch to the regular credit card rates. What s even better, you enjoy a one time waived annual fee. All Security Bank credit cards have the SimplyPay option which allows you to pay for large purchases in twelve monthly installments with only the small charge of a single dollar.
You are able to choose between a rewards program or a cash back program. In addition to this, the first year is free of charge. So, if you want to build your credit card balance faster, you can do so by spending the money you earn through the security bank credit card as you get money. You should be aware that there are restrictions when it comes to the cash back program.
Restrictions are placed on the reward program as well. When it comes to American Express credit cards, restriction will always be placed on the cash rebate structure. You will either get paid on a point system or on a points system. On the other hand, when it comes to their other two rewards programs, American Express has placed restrictions on the transfer of principal cardholder information as well as the use of third party companies for marketing purposes.
American Express also restricts the use of prepaid credit cards. You will be able to get one of these only once you have been issued a primary card. Once this is done, you will be unable to get another one until the following spring. If you wish to apply for any other American Express credit card, you will be required to get one from the same issuer you got your primary one from.
Now you can forget about all that difficult stuff about applying for a regular American Express credit card. All you need to do now is to go online and find an American Express security credit card application processing time that will allow you to get one in no time. There are a lot of places online where you can get started. All you need to do is to log on and do some research. There is even a security credit card application processing time posted by every single one of them. This is usually right after you get logged on.
The important part is finding the right one for you. As mentioned before, American Express puts restriction on the cash back and rebate structure. So if you wish to avail balance transfer payable and installment payoff, then you better find one that will allow you to do so. American Express is a great card to avail because of their low interest rates and their monthly effective interest rate.
For instance, if you have more than a thousand dollars, you can apply for a Gold card or a Platinum one. You can also find other cards like a Silver or a Gold one. With the security options and the cashback options, American Express can be said to be the best bank card to avail. Even if you go with them to pay your monthly bills or for your purchases, you will still be able to get great benefits because you get non-expiration and waived annual fee.
On the other hand, you can also choose other credit cards like the Discover More card or the Chase Freedom card that will offer you a low APR but without annual fees and with a cashback option as well. The MasterCard is the oldest of the credit cards. But it is also a good choice to use because you can get a cashback offer once every twenty five years or once every seven years. And with the nearly half a trillion dollars that American Express has in their savings account, you will never have to worry about the money.