The credit card is rapidly gaining popularity. The growing use of the internet, and the associated online purchases, is causing the credit card to gain popularity rapidly. In addition, it is of course true that the credit card can also be used in offline stores. We learn more and more about the advantages of the credit card. The advantages of the convenience of the deferred payments, the possibility for online purchases. And not to forget, the advantages of the extra insurance with online purchases. There are different forms of credit cards. Each with its own specific characteristics. Because we are also increasingly buying outside the borders, the credit card often offers the solution. Because of the fast and secure payment convenience of the credit card, more people discover the advantage of the credit card.
Apply for a credit card
Applying for a credit card can be done quickly and easily online. Applying online takes you a few minutes of your time to fill in your details. You will receive a response from the credit card company within minutes, they will let you know online. Because the card must also be physically issued, you will often only receive your credit card by post a few days later. If you have received it, you can also start using it immediately.
Credit card acceptance conditions
The exact acceptance conditions for the credit card vary by credit card provider. It is true that the acceptance guidelines for credit cards are generally much more flexible than the guidelines for a regular revolving credit or a personal loan . The age criteria have been adjusted to begin with. You can take out a credit card from the age of 18. A “normal” loan is only possible from the age of 21. The income tests seem to be more flexible. If you have been rejected by various authorities, a credit card could therefore still be a solution.
Compare credit card
Comparing credit cards is a chore, there are many different companies. And often these companies also have different cards, so it is not transparent what the costs per card are. We will make an overview here as soon as possible, this will give you a good overview of the costs. In addition, we will also state the acceptance criteria as fully as possible.
Credit card and BKR
A credit card is seen as a loan , so it is also registered with the BKR. And an assessment will be done at the BKR. Because credit cards are taken out for smaller amounts, the BKR assessments are also more flexible. You will therefore receive a card with a negative BKR registration earlier. With a card you can also simply withdraw money at payment terminals. Withdrawing money from the ATM does have a drawback. And that is that you will be charged for such transactions.