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How To Close Your Credit Card Account?

Saturday, July 14, 2018, 3:29 PM

Many people instead of closing the credit card accounts, simply stop using the credit card or cut it into pieces. But, this is not enough to close the credit card account. Closing the credit card involves a formal closure procedure which is very simple. Click on full story to know how to close credit card account.
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Why paying minimum balance on credit card is a bad idea?

Saturday, April 28, 2018, 2:28 PM

Many people in order to escape from the late payment charges, simply pay the minimum amount due. This is the minimum amount you have to pay by the due-date. This will be 3% of the amount you have to repay. But, paying the minimum amount due on the credit card, does not save you from paying interest on the outstanding-balance on your credit card.
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What is Cancelled Cheque?

Saturday, April 28, 2018, 2:24 PM

A cancelled cheque is a cheque that is crossed and the word "cancelled" is written across. Other than this nothing else will be written on the cheque. A cancelled cheque is proof that you have an account with the bank. The cancelled cheque is used to give other information such as account number, cheque number and MICR code to whosoever is concerned.

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