Credit card plays a very important role in our life. It makes our life easier. We can use it to do online or offline payments. It is much more convenient to carry a credit card when compared with carrying hard cash. You have fewer security risks when carrying a credit card. Thus, it has become a very important thing to have.
According to recent reports, more than 60% of US residents own a credit card. This number is increasing day by day. The main reason for this is because a credit card can bring a lot of advantages. You can easily build your credit score by using credit cards. Thus, you can easily get a loan from a bank in the future.
Also, it is very easy to obtain a credit card. Most of the banks issue a credit card. Thus, anyone can easily obtain several credit cards from different banks.
There are many important things which are associated with a credit card. You must know about all the basic details of the credit card before you start using them. It is important to know how the credit card works.
It is important to know all this fact because the credit card you help your finances. You will save a lot of money on your purchases if you use your credit card smartly. In this article, we will discuss in brief about the credit card. We will also tell you how to check if your card is active or not.
First, we will discuss some important details of credit cards. For new credit card owners, there are two things which you should know:
• You must know how to check if your credit is still active or not. This will help you in avoiding embarrassing situations. For example, imagine trying to do payment during a date but your card gets declined because it is not active. If your credit card is not active then it can lead to many more embarrassing situations. Thus, it is very important to check if your credit card is still active or not.
• You must know about all the important details of your credit card. We will first discuss in brief about these important details.
Almost all of the banks do a background check before giving you a loan. They will also perform this background check before even issuing you a credit card. If you are applying for a loan, then your credit card score will be checked. Without having a credit card, you won’t have any credit history. Thus, you won’t have a credit score.
This can act as an obstacle when you are applying for a new credit card or some type of loan. Thus, it is very important to own a credit card. Also, try to have a good credit history. If you have a credit card with a bad credit history, then it will become harder for you to get loans from the bank. This shows that you don’t pay the money you borrowed from the bank on time. Thus, there is no use of having a credit card with a bad credit history.
The best thing about the credit card is that you can easily get some emergency fund from it. You don’t need to apply for a loan to your bank. You can easily use this credit card to borrow up to $2000 at once. This amount will also depend on your credit card score. If you are having a good credit score, then you can easily borrow more cash from your bank.
Thus, if some emergency pops up then you can easily use your credit card in such situations. For example, if someone is sick then you can use your credit card to pay the hospital bill. Most people don’t have enough cash to pay the immediate hospital bill. In those cases, you can easily use your credit card to pay the hospital bill.
But, make sure that you pay the money you borrowed by the end of the month. Thus, you won’t have to pay any extra interest on the money you borrowed.
The main issue with carrying hard cash is that it can be easily stolen. Therefore, most people don’t like carrying cash with them.
If your credit card gets stolen, then you can easily block it by contacting your provider. After that, no one would be able to use your credit card. If your credit card is already used then you can also ask for a charge back. Thus, it is very difficult to steal a credit card and then use it without getting caught. After blocking your card you can request for a new credit card.
Most of the credit card issuers offer various rewards and cash back offers to their customers. Also, almost every hotel, merchant, store and other businesses offer various cashback offers to credit card users. These merchants love when you use a credit card because it is a cashless transaction. Thus, it is easier to do. Also, credit card issuer gives commission to these merchants.
Most of the merchants encourage their customers to pay using a credit card. For this purpose, they offer great rewards like gift cards and discount to their customers.
The main reason for having a credit card is convenience. A credit card is very small and it is easy to carry it anywhere with you. But, cash is not very convenient to carry. Thus, most people love using a credit card. You can go outside and do shopping without bringing your wallet. All you need is a credit card and you are ready to go everywhere.
These were the main reasons why everyone loves using a credit card. Now, it is very obvious why you should get a credit card. It is very easy to get a new credit card. You need to submit an application to a card issuer with required documents only.
Now we are going to discuss how to check if your card is active or not. It is important to know the validity status of your card.
You can use online banking to check your credit card status. Almost everything is on the internet on. From e-commerce websites to internet banking, everything is available now. Thus, it is impossible that your credit card issuer does not support internet or online banking.
By using online services provided by your bank, you can easily check the validity status of your credit card. There is no need to use your computer to access your bank websites. Most of the banks provide smartphone apps to make this process more efficient and convenient. Thus, you can check your credit card status from anywhere and at any time.
You can also visit your bank or credit card issuer website to check your credit card validity. Most of the credit card issuer’s website has a separate panel where you can enter your credit card number and check its status.
If you are not able to find the panel to check your credit card validity, then go to the FAQ section of the website. You will most probably find the procedure to check your credit card validity.
If you don’t have an active internet connection then you can also call the customer service of your bank. Almost all of the banks and credit card issuers have a separate department to deal with their customer's problems.
Make sure you have all the data ready with you before you call customer care. You may need to provide information like account number, credit card number, CVV, and other personal details.
If you don’t have an active internet connection and customer care is not responding to your call, then you can directly try using your credit card. You can shop for something online or try to use your credit card in offline stores.
There is some risk involved in this because if your credit card is active then money will be deducted from your account. Thus, try to use your card on things you actually need to buy.
You can also check your email to find out your credit card validity. Open the email account which you entered while registering for the card.
Most of the bank and credit card issuers send a monthly card report to every user. This report contains important data like how much is your pending credit card bill, credit card score, and your card validity. If your credit card is inactive, then they will show credit card status as inactive. You can then contact your bank to resolve this issue.
First, try to call the customer support of your bank regarding this issue. Try to figure out why your card is inactive and how to fix it. You can easily fix this issue without visiting your bank. In worst cases, you can visit your bank and get your credit card back.
Now you can easily check your credit card validity. The credit card plays very important in everyone life. It helps in making all the transactions cashless. Thus, it is very important to check your credit card validity regularly. It will help you in managing your finances.