The Turbo Dependant Card from Citibank is a secured credit card, which means that you have to deposit a certain amount of money, with your bank account, on the card before you can use it. This money, usually called your “Deposit” will be held by Citibank until you have made a series of monthly payments that include a corresponding amount for interest on this money. There are many advantages of this type of credit card. The first one is that it allows you to make purchases with your debit card without having to pay interest. You do not have to pay anything upfront just like you would if you had a credit card and were using it for a purchase that you could not afford.
This card is one of those cards that has been designed especially for the person who is on the edge of financial ruin and has no other way to get through their bills. It can make all the difference in their life when it comes down to paying off those debts. The way that they work is that once you have made a deposit, you have to either use a certain amount of money from your savings or put it into your savings. Then, it goes back onto your card.
The debit part of the card does not carry any interest, unlike a regular credit card. They are often used for things such as gasoline or travel, which have a very high annual percentage rate attached to them. In order to use the card for these things, you must have some money in your savings account to cover the purchase. This is one advantage that makes the Turbo Card so popular.
Another one of the perks of the Turbo Card is that there is no monthly minimum payment. The credit card company will give you an amount, which is usually around ten to fifteen dollars, that you can put towards whatever you need to purchase. It is not like your usual credit card where you have to figure out how much money you have left at the end of the month to pay for the entire purchase. With this kind of payment structure, you can buy what you want and pay for it later.
The last benefit is probably one of the biggest and most appreciated one: no annual fees. These cards usually come with an annual fee of around one or two hundred dollars, which is not a lot considering the price of gasoline alone at the time of year. With this type of financial structure, you do not have to worry about paying a lot of money each year. Also, this is a one-time payment, which is nice because you do not have to make a dozen or more payments every year to keep the card working. All in all, this one advantage makes this card a favorite among many consumers.
There is one thing that you should know about this card before you apply for it, though. If you have a zero percent balance transfer balance, which is something that you can earn when you use your card at a variety of places, you may have to spend a little bit of time getting this to happen. This comes from how some card companies only let some purchases count as a zero percent purchase while others will allow purchases up to a certain amount as well as cash advances. Since this is one of the perks of having a Turbo debit card, it is important that you learn how to get this to work.
If you are looking for a business credit card that offers all the benefits of a traditional credit card with the added benefit of a rewards program, Target offers you the Target RedCard. The Target RedCard is issued by BankFirst Bank and is designed for use at Target stores. It provides all the features ...
The Green Dot Moneypak is a high-tech product that helps us to save our money, time and effort. It does so in a cost-effective manner. This product helps us in three ways. It helps us in saving our precious time by getting rid of recurring fees and unnecessary charges, it helps us in saving ...