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  2. What is the limit for a balance transfer card? - AOL

    www.aol.com/finance/limit-balance-transfer-card...

    For example, if you have a card with a $5,000 balance transfer limit and a 3 percent balance transfer fee, the most you’ll be able to transfer is about $4,850. That transfer amount plus the 3 ...

  3. 12 best cash back credit cards: Up to 5% back - AOL

    www.aol.com/finance/12-best-cash-back-credit...

    The card does require a minimum $200 security deposit - which certainly isn’t the lowest we’ve seen (the Platinum Secured Credit Card from Capital One goes as low as $49 depending on your ...

  4. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    v. t. e. A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. [ 1] Credit cards are one of the most widely used forms of payment across the world. [ 2]

  5. How to hit your minimum spending requirements and earn ... - AOL

    www.aol.com/finance/hit-minimum-spending...

    Before you apply for a credit card that offers a welcome bonus, take a close look at the minimum spending requirements. If a card requires you to spend $3,000 in the first three months to earn ...

  6. Credit CARD Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/Credit_CARD_Act_of_2009

    The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...

  7. Credit card debt - Wikipedia

    en.wikipedia.org/wiki/Credit_card_debt

    Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the consumer fails to repay the company for the money they have spent. If the debt is not paid on time, the company will charge a late-payment penalty and report the ...

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