Credit cards? No processing fees?

I had no credit before I applied and got accepted for the credit card i got the card, and then a bill came for 250 dollars. 200 for making the account, another was for a fee of some sort. This is not an issue, but I had a friend I hung out with yesterday, when I told him about the fees, he responded by saying he got a credit card with no fees at all, not just one but three with a credit limit of 500, 500 and 300. Mine has a limit of only 300. Where did he get this card, I forgot to ask him and do they really exsist?

Credit cards? No processing fees?

$50. sounds like an annual fee. ask the Rep what type of fee it is, make note of it on the bill. Keep your bill organized for future reference. Why? You can learn the way how credit companies charge people and what for, so you learn your lesson and will be able to %26quot;immute%26quot; next time.

Small small credit card companies charge BS fees. You need to be very careful, especially you don%26#039;t have that kind of horrible dreams YET. Make sure your pay credit card bills before the due date. If you mail it out before the due date and they receive the payment late, they consider it is a later payment. So, make sure at least you have your minimum payment sent on time, every month. The late fee can be high, not worth to risk! Try to pay off the remain balance ASAP. Never borrow money from credit card, they charge you min. fee and interest as well. Good luck with that and don%26#039;t come back and cry at us.

once you build up your good credit, more offers will come in. That time you can choose a bigger credit card company with a better reputation. Of course you don%26#039;t want to pay annual fee every year. If you think you have been a good boy for the year, you can call to ask if they can waive your fee because you get another offer than they don%26#039;t have these fees. If they like you, they will waive for you. Get their names and the time you call them, just in case.

If you are not using your credit card to purchase a lot, the Reps are not willing to help you solve problems... Unless you spend a lot and pay on time and you threaten them you want to close the account because you are not happy with the service. Credit card companies are ugly to deal with!

Credit cards? No processing fees?

Ultimately, you don%26#039;t want ANY fees associated with a credit card. They often offer those kinds of things to %26#039;help%26#039; you build or rebuild your credit, at least that is what they say. Often the fees are monthly and yearly tapped onto your credit card. I see no good in those deals, often people get stuck unable to pay and do more damage to their credit. I would pay off the amount as soon as possible and close the account.

Before you sign up for a card look at all the terms associated ( APR, Annual Fee, Late/Overlimit Fees, Contract Fees, Application Fees blah blah.) If there are more than an late/over limit fee, that%26#039;s too many fees!

Credit cards? No processing fees?

Young man welcome to the world of credit you have a lot to learn and learn you must because there is so much scam and greedy people that don%26#039;t give a dam about you, only getting your money and they will trick you if they can.

Learn about credit = http://www.myfico.com/CreditEducation/Cr...

Credit cards? No processing fees?

consider this a lesson learned...sounds like you have a first premier bank card or one of those cards if activated, they will charge fees to the card, which lowers your available credit limit to about $50-72. so, you%26#039;re stuck paying the minimum every month on $250....if you are looking for a credit card to rebuild or establish credit, try orchard bank....you may start off low, but you dont have to worry about %26quot;hidden%26quot; fees charged to the card once activated. believe me or not, but when i got approved for the orchard bank card, my credit score was low...had no credit....bout 3 months of having the card..i was approved for wamu credit card...with wamu you can also check your fico score...at that point i could see where i stand...jul 07, my score was 569...by dec 07, my fico score was 614...i always pay more than the minimum. the orchard bank card did charge me the 39 fee to start, but that was it..wamu didnt charge anything, plus i have 0 apr for the first 12 months.