The lowest in the hierarchy of precious metal named credit cards, silver credit cards have been around since the conception of credit cards in the mid-1950s. Today silver cards have been surpassed in prestige by gold credit cards and platinum credit cards and so have more commonly come to be known as 'standard' or 'basic' credit cards.
Credit Pacific Service Union Advantages of silver credit cards
Impartial guide about credit card types available in the UK. Ensure you choose the right credit card type for you and save money with uSwitch.com
Credit First Service Union The advantages that silver credit cards have over other types of cards include:
purchase our services as a Merchant and submit your credit card details, you authorise clixGalore to debit your credit card for the services purchased and any future deposits you make to your account. In the event of your credit card being declined and an alternative credit card has been previously provided to your account, deposit. To minimise credit card misuse, repeated use of invalid credit cards to make account deposits will incurr a $20 penalty. This amount will be deducted from the Merchants account balance.
Card Credit Mobile Service * lower annual membership fees (if any)
* lower threshold salary which you need to earn if you want to apply
* the same credit limit as other credit cards if you have a good credit history or manage your card sensibly
* 0% interest for between 6 - 9 months when transferring your account balance from one credit provider to another
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Card Credit Discover Service The simple fact is, if you are not that fussed over the 'image' you portray when you are out shopping with your credit card, and are more concerned with how you manage your credit card debit, then silver credit cards are certainly more favourable than any other credit cards on offer.
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Credit Public Service Union Disadvantages of silver credit cards
Virgin Money research shows that for credit card holders ‘all that is gold does not glitter’ – Gold credit card holders pay more in annual fees yet enjoy few additional benefits Research conducted by Virgin Money has revealed that South African gold credit card holders are collectively topping up their banks’ profits by R104 million every year, under the false impression that they are paying for a better ‘deal’ level blue or silver credit card holders.
Card Credit Processing Service * lower cash withdrawal limits
* less rewards in rewards promotion packages, such as a lower percentage rate cash back return with cash back credit cards or lower airmiles with airmile credit cards
* less travel perks - for example, if you have a gold or platinum card you may be entitled to automatic upgrades when travelling, but as there are far more standard silver credit cardholders, it is unlikely this benefit will be afforded to you as well
* less prestige, which may mean retailers are less willing to give you the same service as they may provide to gold and platinum cardholders.
Center Credit Service Union Joe Kenny writes for Credit Card Guide, offering the latest information on credit cards in the UK, visit them today us to apply for a 0% balance transfer credit cards and start clearing credit card debt today.
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Credit Security Service Union
Credit Report Service Joseph Kenny is the webmaster of the loan information site http://www.ukpersonalloanstore.co.uk. At the Personal Loan Store you can find some of the latest personal loans explained in detail.
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