Home » Finance » Credit

Plastic Is No Longer a Luxury

Oct 16, 2007
Credit cards are associated with luxury. However, in today's world, they are on their way to becoming a necessity. In the past, plastic money used to be flaunted by the people who carried them. It used to be status symbols. But that is no longer the case. With everyone owning multiple cards, credit card holders are no longer an exception. They are fast becoming the rule.

Moreover, plastic is no longer looked upon as temptresses that make us spend more than we plan to. These days, they have transformed into our companions, allowing us to purchase necessary things with the greatest ease.

With cards now being available to all classes of people, credit card providers are doing great business. People today have a flurry of credit cards to choose from. What is great is that most of these credit cards have attractive options. The terms of repayment are not difficult at all, and getting bargains is easy.

With competition on the rise among card providers, they are left with no choice but to provide hefty discounts in order to bring in the customers. Thus, there are deals like 0% interest credit cards and cards that offer various kinds of rewards including cash back and travel rewards.

The credit card seeker today has much to choose from. Not only are there scores of credit card providers, but each provider also offers scores of terrific credit card deals. It really is a dream come true for the person who cannot do without his plastic. Even shifting from one credit card provider to another has become so much easier. Many companies are now offering 0% balance transfers. Thus, even switching credit cards has become fairly commonplace, with each person trying to get an even better deal.

The large number of credit card providers and deals in the market also bodes well for those who are new to the world of plastic money. The providers are coming up with various kinds of incentives to bring in the customers. They are now targeting teenagers and young adults who are still in school and college. The aim now is to catch them while they are still young.

The negative of this catch them young policy is that younger holders might be struggling with debt even before they start working. However, the advantage is that they will gain some experience of financial affairs even before they start earning. Plastic money is here to stay.
About the Author
We are your destination for credit cards UK. We will get you 0% interest credit cards and 0% balance transfers.Come to us for great deals.
Rating:
Please Rate:
(Average: Not rated)
Views: 123
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources