First things first though, there’s some things you need to know about credit cards. Your credit rating. This is one of the sole deciding factors of whether or not a credit card company decides that you are a good credit risk. There are three major credit rating agencies; Experian, Equifax and Transcorp Union. When you send in your application for a card, the company will contact one of the agencies which pulls your file and lets the company know if you have any bad debts in your background. If you ever defaulted on bills or walked away from your debts this information is available on your credit report. You need to ensure the information in your report is accurate. At this very minute false information may be ruining your credit rating.

Interest rates. These can be very scary words to many people. This is how credit card companies make their money. There used to be laws against charging the kind of interest rates that are common today. They were for forbidden by federal law. These high ridiculous rates were the territory of loan sharks and organized crime. Today however, they are just a part of standard business. Many credit card companies try to trap their customers with low interest rates. But in that itty-bitty fine print, you will find the interest rate jumps back up after six months. You may end up paying triple your initial interest rate. Many people fail to see this rate increase. That’s what the card company counts on.

For anyone who thought they could never get a card due to bad credit, what can you do? First you should think about why you want the credit card in the first place. If you have a history of bad credit, maybe it is the last thing you truly need. Credit cards are often the leading cause of debt that leads people to bankruptcy. Credit cards affect people on a psychological level, it makes it seem as though you’re getting something for free. If you really need and want a credit card despite your past, you need to apply for a secured www.unionpluscard.com. Even those who declared bankruptcy can be granted secure www.unionpluscard.com.

A bad credit card or secured card is one in which you pay a lump sum cash upfront either to your bank or the card company itself. The card company then grants you credit for up to 150% of your deposit. Your money will often incur a four to five percent interest rate well in the hands of the credit card company. It is considered collateral for the card company. It reduces the risk. Additionally, the interest you gain on your deposit offsets the interest your pay on your monthly balance. Plus it allows you to rebuild your credit. So bad credit no longer means no credit, you just need to know where to begin.

Nowadays there are lot of credit card companies established and introducing hundreds of credit card offers in different categories. This trend led to a severe competition among these companies. So, inorder to attract new customers and to make their existing customers to remain, the companies offer variety of incentives to the consumers like cash back, 0% balance transfer fee and low interest rate etc.. Among all these special incentive schemes, the term low interest credit cards attracting more consumers. There are many credit cards which offer credits at low or 0% interest rates. Lets see the benefits and detailed descriptions of some of the specific offers.

Discover? ? More Clear Card : This card offers 0% Intro APR for purchases and Balance Transfers for 12 months and 5% cash back bonus on purchases in popular categories that change four times a year like home, apparel and more. Provides up to 1% cash back bonus on all other purchases automatically and unlimited cash rewards that never expire. Provides $0 fraud liability guarantee and easiest online account management options. There is no annual fee and the unionpluscard.com members can DOUBLE their cash back bonus (turn $20 into $40) when they redeem for gift cards or certificates from 70 brand name partners.

Union Plus? MasterCard: This card offers FREE rewards program designed for hard-working union members. The unionpluscard.com get 2,000 bonus points after first purchase, more than halfway to a $25 Gift Card. Also earns 1 point for every dollar spent anywhere and Earns 2 Points for every dollar spent at gas stations, grocery stores, and drug stores. There are no balance transfer Fees and APR stays FIXED until the balance is paid in full. There is 1.99% introductory APR on new purchases. There is no annual fee and no liability for unauthorized use.

Discover? More Card: This card offers 0% Intro APR for Purchases and Balance Transfers for 12 months and 5% Cashback Bonus on purchases in popular categories that change four times a year like home, apparel and more. Provides up to 1% Cashback Bonus on all other purchases automatically. Provides $0 Fraud Liability Guarantee and easiest online account management options. There is no annual fee. The card members can DOUBLE their Cashback Bonus (turn $20 into $40) when they redeem for gift cards or certificates from many of the 70 brand name partners.

Discover? More American Flag Card:This card offers 0% Intro APR for purchases and balance transfers for 12 months and 5% Cashback Bonus on purchases in popular categories that change four times a year like home, apparel and more. Provides up to 1% Cashback Bonus on all other purchases automatically and unlimited cash rewards that never expire. Provides $0 fraud liability guarantee and easiest online account management options. There is no annual fee and the card member can DOUBLE their Cashback Bonus (turn $20 into $40) when they redeem for gift cards or certificates from many of the 70 brand name partners.

Discover? More Wildlife Card: This card offers 0% Intro APR for purchases and balance transfers for 12 months and 5% Cashback Bonus on purchases in popular categories that change four times a year like home, apparel and more. The card member will earn up to 1% Cashback bonus on all other purchases automatically and also eligible for unlimited cash rewards that never expire. Provides $0 Fraud Liability Guarantee.

Discover? Student Monogram Card: This card provides the option to choose your personalized card design. Provides 0% Intro APR on purchases for 6 Months and there is no annual fee. Provides $0 Fraud Liability Guarantee and easiest online account management options. The card members will earn 5% Cashback Bonus? on purchases in popular categories that change four times a year like home, apparel and more and earns up to 1% Cashback Bonus on all other purchases automatically.

Discover? Business Miles Card: This card offers 0% Intro APR on card purchases and there is no annual fee. The unionpluscard.com members will earn Double Miles on travel and gas and get up to 1 mile per dollar on all other purchases. There are no restrictions on any airline, any date, any seat.

Chase Freedom Cash: This card offers 05 intro APR and the APR period is for 6 months. There is no annual fee. The card member can Earn 3% cash back for every eligible $1 spent in purchases at Grocery Stores, Stock up on food, household goods and more. Also earn 3% cash back for gas station purchases such as using the card for fuel, repairs, car washes, and other purchases. The same 3% cash back offers also applicable for purchases at Quick Service Restaurants, the rewards add up fast from pizza to hamburgers to tacos – even sandwich shops, coffee houses and more. The card members earn 1% cash back for every $1 spent in purchases everywhere else. The card members get a $50 Check once they have earned $50 in rewards. The card members can save up to $200 in rewards and redeem for $250 cash back.

Chase Freedom Points: This card offers the members to earn 3 Points for every eligible $1 spent in purchases at 1.Grocery Store purchases like Stock up on food, household goods and more. 2.Gas Station purchases such as using the card fuel, repairs, car washes, and other purchases. 3.Quick Service Restaurant such as, rewards add up fast from pizza to hamburgers to tacos – even sandwich shops, coffee houses and more. The card members will earn 1 point for every $1 spent in purchases everywhere else and the card members can reward themselves with as few as 1,000 Points. Provides 0% APR for up to 6 months. There is no annual fee.

Chase Platinum Visa? Card: This Card offers 0% Intro APR for up to 12 months on purchases and balance transfers. The time period for the introductory APR and the balances to which it will apply will be based on the review of applicant’s application and credit history. There is no annual fee. Provides Flexible Rewards Program like the the card member earns one point per dollar spent. Provides redeem for the card users choice of Cash Back, Merchandise, Travel or Gift Cards. Also provides FREE Online Account Access and FREE travel services including Auto Rental Insurance and worldwide Travel Accident Insurance.

Bank of America Visa? Platinum Plus?: This card offers 0% Intro APR on purchases and balance transfers for the first 6 months and there is no annual fee. Provides Credit lines as high as $25,000 to its card members. Also provides online banking service and total security protection.

The Advanta Platinum Business Custom Card: This card provides the option to its applicants to select their favorite image. This card offers 0% APR for 15 Months and 7.99% Fixed APR there after. The card members will earn 5% Cash Back or Travel Rewards and there is no annual fee.

Financial Rewards? Visa? Platinum Plus? Card: This card offers 0% Intro APR on purchases and balance transfers for the first 6 billing cycles. The card members will earn 5 bonus points with their first purchase and the earned points do not expire for 5 years. Provides online banking service and total security protection. There is no annual fee.

Citi? Platinum Select? Card for College Students: This card offers 0% APR for Six Months and no balance transfer fee with this Offer. Provides free online account management and $0 liability on unauthorized purchases. There is no annual fee.

Citi? Platinum Select? Card: This card offers 0% APR on purchases and balance transfers for Twelve Months and $0 liability on unauthorized purchases. There is 11.24% APR after the introductory period. Provides secure and free online account management. There is no annual fee.

Citi? Driver’s Edge? Platinum Select? Card: The card members will earn rebates for Every Mile Driven and the rebates can be applied toward car maintenance, or to buy or lease a New or Used Car. Provides 6% rebates on gas station, Supermarket, and Drugstore Purchases for 12 Full Months, 3% Rebates after, and 1% Rebates on all other purchases. Provides 0% APR on balance transfers for 12 full months. The Rebates can also be applied to the Thank You Network.

Citi? Diamond Preferred? Rewards Card: This card offers $50 Gift Card — Redeem 6,000 Bonus Points after first purchase. Provides 0% APR on balance transfers for twelve months. The card members will earn five bonus ThankYou Points for every dollar spent at supermarkets, drugstores and gas stations for 12 months and earn one bonus ThankYou Point for every dollar spent on all other purchases. There is no annual fee.

Citi? Hilton HHonors? Visa? Signature Card: This card offers 15,000 Hhonors Points with the very first purchase. The card members earn Double Dip? and receive both Hilton HHonors Points and Airline Miles for the same stay at Over 2,500 hotels and more than 55 participating airlines. The card members will earn three HHonors Bonus Points for every dollar spent using the card at Hilton Family Hotels, plus two HHonors Bonus Points for every dollar spent on other purchases. Provides complimentary silver VIP membership for the first year. There is no annual fee.

Pulaski Bank Visa Gold: This card provides 9.50% low rate APR and 0% balance transfer. There is no annual fee.

Pulaski Bank MasterCard? or VISA?: This card provides 7.99% low rate APR and 0.0% introductory APR on all balance transfers. This card is rated as the best credit card rate in the country. There is no fee on balance transfers.

TrueEarningsSM Card from Costco and American Express: The card members will earn 3% Cash Back for eating out, 2% for traveling, and 1% everywhere else, including at Costco. There is no annual fee with the paid Costco memberbership. Provides flexibility to pay charges in full each month or over time and no limit on the cash back earned. The card members can doubles as their costco membership card. The applicants must be a costco member to apply for this card.

Orchard Bank Low APR Platinum MasterCard: This card offers low 8.9% APR on all card offers, including Gold, Silver and Secured. The exact fees dependent upon creditworthiness. Provides the card members choice of payment due date to fit their lifestyle and flexible payment options. Provides 100% fraud liability protection and other great benefits included.

SNAP? MasterCard: This card offers 0% Intro APR on purchases and balance transfers for 6 months for qualifying applicants and the rates shown for Platinum and other rates apply for Gold, Silver or Secured. Provides 100% fraud liability protection and 24/7 online account management. Provides complimentary built-in Tap-N-Go? technology. The applicants can get the card in as little as 3 days for most cards (rush fees will apply).

1. Open a unionpluscard Savings Account
Call your local unionpluscard tell them you want to open a savings account. Depending on the unionpluscard you may need as little as $25 to open an account and between $300 to $500.00 to make this program work. If you don’t have enough cash yet, don’t wait. Open your account with the minimum requirement and begin to deposit as often as you can. Most unionpluscard require a small amount ($5-$25) to remain untouched to keep the account active. The remainder will be used for this program.

2. Take out a Loan Secured by Your Savings
Once your account is open and has the minimum available, take out a Secured Share Loan. This loan will be secured by your savings, and usually has a very low rate (avg 4-6%.) In most cases you can choose any repayment terms you like. If you plan to buy a home within the next 90 days, choose a 12 month repayment. Why? Once you have 10 months or less left, most lenders will not count the payment against your debt load! Also, request that the repayment to begin right away so there is no delay in building your credit!

3. Deposit the Loan Funds back into Your Savings Account
Don’t go on a shopping spree! Have the unionpluscard deposit the loan funds directly back into the savings account. Remember, this is to build your credit, not put you in debt! Now your account will show double the amount you placed in savings… For example: $500 for your savings (the secured amount), and $500 from your loan. This may also help if you need to show a mortgage lender additional savings!

4. Set up Automatic Drafts from Savings to Pay Back Loan
Ask to have the monthly payments for the loan drafted from your savings account. Now you are using the loan money to repay the actual loan, plus any interest. (For our $500 example, interest should cost you less than $25 a year!) Payments will be made on time and without any worry! You may need to add just enough money to cover the interest on the loan. One of the best features of this program is that if you ever need your $500 for an emergency, simply have the loan completely paid off with the remaining loan funds in the savings and your initial deposit will be released… With no additional debt!

Rebuild Your Credit… Using Your Savings!
Try to find a unionpluscard that reports to ALL three major credit bureaus… Equifax, Experian and TransUnion. You can use multiple unionpluscard if you need to… Just make sure that at least 2 bureaus get reported to or you are wasting your time. (2 scores will bring up the middle score!)

Add to the mix the right credit card with a low balance and great payment history, then you will be on your way to higher scores!