Search result for 'credit card' in The Global Nomad's Guide to University Transition
"... will be your system for communicating back home?
▪ Banking needs – checking account, credit card, ATM debit card? Will your parents be putting money into an account? How will they do that? How will you receive money from other sources?
Going through and strapping each of the four logs ..."
"...you don’t know exist. You may be regarded as stupid or mentally challenged when you don’t understand how simple, common, everyday things work. This happened to me more times than I wish to acknowledge. I once nearly had a melt down in a department store because I thought the credit card machine had eaten my card. It returned it a few seconds later once the transaction had been recorded. But I had never seen a credit card machine like that. You should have seen the way the cashier looked at me. I know of some TCKs who will put on
"... the check book – something you may not have had the opportunity to do in your host country.
Understand the difference between a check or debit card and credit card and how to use them.
Talk about how to apply for a job, conduct an interview, and what you need to take with you to fill ..."
"...(and this is how it is different from a regular bank card) to pay for purchases at stores, restaurants and more. Even though your debit card has a Visa or MasterCard logo on it (so you can use it anywhere Visa and MasterCard are accepted), it is not a credit card which you can pay back monthly. The money is taken directly from your checking account within the next 0-3 days. It simply serves as a type of short term credit. If you are using it as a debit card you will be asked to use your PIN (personal identification
"... your money will last for the entire term or school year instead of getting spent the first part of the term “because it is there.”
- credit cards -
A credit card is basically a loan from a financial institution that you can use instead of paying cash and repay on a monthly basis ..."
"... “because it is there.”
- Credit Cards -
A credit card is basically a loan from a financial institution that you can use instead of paying cash and repay on a monthly basis either all-at-once or over time. This is how it works:
▪ When you pay your monthly bill, you will be ..."
"... carry over to the following month, in addition to the new charges incurred.
▪ You are required to pay at least the minimum amount due each month and to make sure it reaches the credit card company by the due date.
▪ Late fees are a regular amount charged if your payment does not reach ..."
"...We are fortunate today in that it is possible to go almost anywhere, buy anything and pay for it with a credit card, including a 99 cents cup of coffee at McDonald’s. More and more places are not requiring a minimum purchase amount in order to accept credit. In New York City, for example, you can pay for taxis, ride the subway, and pay for parking with a credit card, not to
"... and entertainment.
Your credit card will come with a set limit. A first time credit card holder may have a very low limit ($500 to $2,000) until they can establish a credit rating, at which time their financial institution will offer to increase the limit.
Two thousand dollars is ..."
"...Two thousand dollars is usually enough for a student starting off. Be sure you can afford the minimum monthly payment on any credit account you open. Even if you plan on never using a credit card, it is a good idea to have one you can use in the case of an emergency such as an air fare for an unexpected trip home. Our daughters got their first credit card when they went abroad for a semester since we did not want them to be
"...Many, many institutions offer credit cards. Everyone from airlines to member organizations like AAA (automobile club) offer cards. The days are over when “pre-approved” cards showed up in the mail practically on a daily basis. Since the economic downturn of 2009, financial institutions are being much more cautious and credit cards are no longer just
"... she can handle credit responsibly by paying the card off each month, the security deposit will be returned to us after 12 months
- Types of credit cards -
There are three types of credit cards:
▪ General purpose credit card – (also known as revolving credit cards) a credit card ..."
"... by paying the card off each month, the security deposit will be returned to us after 12 months
- Types of Credit Cards -
There are three types of credit cards:
▪ General purpose credit card – (also known as revolving credit cards) a credit card that allows you to pay for just about ..."
"... of credit cards:
▪ General purpose credit card – (also known as revolving credit cards) a credit card that allows you to pay for just about anything as we discussed above. Visa and MasterCard are examples of general purpose cards. You pay this off month by month.
▪ Store card – ..."
"...▪ Store card – (also known as single or limited purpose card) are credit cards that can only be used in that particular store or chain of stores. These are very common in department stores, clothing stores, and electronics stores. Customers are enticed to apply for one and get an introductory 15% off their purchase immediately. These types of credit cards typically have higher
"...▪ Charge cards – American Express and Diners Club are typical charge cards. They allow you to charge your purchases on credit but then you are expected to pay off the entire balance each month. There is usually no interest for this type of credit card. The consequences of not paying of the balance each month are severe.
"...it for their own personal gain. Combinations of personal information such as your date of birth, social security number (SSN) or individual taxpayer identification number (ITIN) or Social Insurance Number (SIN), driver’s license number (DLN), address, phone number, mother’s maiden name and more can be used to apply for credit cards, take out loans, rent an apartment, open bank accounts and even take over your identity. Identity theft and fraud can completely ruin your credit rating, may take months or even years to resolve and can cost you time and money to restore your financial and personal reputation.
"...the telephone or just by being within hearing distance. So be sure to hold your mail or have someone empty your mailbox for you if you are going to be away, shred all documents with any type of personal information on them, keep your SSN, SIN, or ITIN and credit card numbers in a safe and secure place, and do not state your information out openly if on a public telephone or in a public place. If you do receive an offer for a pre-approved credit card, destroy the application before throwing it in the trash so no one else
"...S – Be stingy about giving out your personal information unless you have a reason to trust the person or organization. If you are applying for a credit card, they will need to know specific information such as SSN, address, phone number and your mother’s maiden name. But if someone calls asking you for that information, you should never give it out over the phone. Ask them to send you the paperwork they are requiring. Some scams involve
"...C – Check your financial information regularly. You should be receiving monthly statements (either online or in the mail or both) from your bank and credit cards. If you are not receiving them, call the institution. You can also check your bank and credit card account balances any time online or by calling the number on your card. Look for unauthorized purchases or withdrawals or other suspicious activity.
"... you can pay off.
▪ Try to pay your credit card off every month to reduce paying interest and on time to avoid paying late fees. It also gives you a good credit rating which you will most likely need later in life when looking to take out a loan for a car or house.
▪ Do not spend over ..."
"... later in life when looking to take out a loan for a car or house.
▪ Do not spend over the credit card limit or you may incur hefty fees and demands to pay it down to the limit immediately (which may be impossible for you).
▪ Have the phone number of the financial institution that issued ..."
"... limit immediately (which may be impossible for you).
▪ Have the phone number of the financial institution that issued your credit card so you can call immediately if your card is lost or stolen or you feel you have been the victim of fraud.
▪ Don’t forget to sign the back of your credit ..."
"... your card is lost or stolen or you feel you have been the victim of fraud.
▪ Don’t forget to sign the back of your credit card when you receive it and use a photo ID credit card if available from your card issuer.
▪ If you plan on making a lot of purchases via the internet, it is best ..."
"... ▪ If you plan on making a lot of purchases via the internet, it is best to do so with a credit card. You have up to 30 days to dispute any purchases you feel have been made fraudulently. Or consider transferring money to a PayPal account and make purchase payments from that. If you choose not to pay with a credit card and want to use your bank debit card, consider