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Too much competition among the vendors results in the customer being indulged a great deal. Thus, we can select from among a variety of credit cards that offer us various kinds of incentives. There are cash back credit cards. There are cards that offer us zero percent balance transfer. There are cards that give us a period of zero interest. And now, we even have credit cards to go with the hobbies of its customers.



Yes, you got that right. Credit cards are now appealing to people's likes and dislikes in their bid to expand their business. Credit cards that are sports-related are now in fashion.

For instance, the Bank of America will be bringing out team-branded cards for the benefit of the football fan in this year's National Football League season. Given the craze that football has, this has to be a calculated move. The Bank of America has made a smart move by teaming up with the NFL, and it probably hopes that it will profit from the football craze that will seize the country this year.

At such times, the question of "Will this or won't this work?" does arise. However, most credit card vendors start out with a given target clear in their minds. They are not ignorant of the risks involved. But they have their eye on the potential gains.

If you take a look at the various deals that have caught on in the credit card market in recent times, you cannot help but notice that they are all gimmicky in nature. It is just that some gimmicks tend to be more successful. The ones that are successful sometimes last for a long time. The ones that are not usually fade into oblivion till someone manages to design a new and improved version.

Of course, many customers fall prey to the gimmicks of credit card vendors. This is why it is so important to carry out a certain amount of research before finalizing the deal. The more one knows the less likely one will be to fall for a gimmick. This will also ensure that one is able to choose the best from a horde of deals. Thus, it is always good to do some preliminary study.
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Following other businesses and consumers that are going green, the credit card industry is dipping into this market. GE, Bank of America, Wells Fargo and the new company Brighter Planet all have new environmentally friendly credit cards on the market or in progress. If you want to save the dolphins, offset CO2 emissions or contribute to another "green" cause, it is now as simple as swipe, sign, and contribute.

Eco-friendly credit cards are affinity cards issued by a credit card company. The card issuer then donates a portion of your purchases (typically 1 percent through a rewards program) to a green - but beware. Sometimes the consumer gets to choose the specific cause, but most often the funds go to a general fund from which contributions are made to a variety of causes of the affiliate company's choosing, and you get little say where your contributions end up. So how do you find the best cause for you?

The Web is an easy way to target a green cause that works for you.

"I think especially consumers who are environmentally conscious will want to make sure they're supporting good causes; causes they are familiar with; causes that they feel comfortable with," said Curtis Arnold, founder of CardRatings.com.

Arnold says that things can get muddy when trying to research which organizations benefit from the donations from the credit card issuer.

Arnold says the best thing to do is ask them directly. Ask exactly what causes or products you can support that are environmentally friendly, and ask if you can specify a cause not already been affected by the rewards program. Some of the issuers have their catalogs online and will allow you to look at them or offer suggestions.

"Some will say you will just have to get the card and then find out. Don't ever settle for that answer," Arnold says.

Many credit cards add green causes as an option to their existing rewards program -- meaning your donations go to one pot for one or more causes, not a specific cause that you want to support.

"Really look at (the card) with a magnifying glass to find out some more information, because, ideally, you want them to give you the ability to support the cause of your choice," Curtis said.

So, do green cards stack up?

Going "green" does have some slight drawbacks. There are certainly more competitive cards if you do an apples-to-apples comparison of rewards cards. For example, if you opt for a cash-back rewards card like the Chase Freedom Cash Rewards card, you could actually use the cash back to donate to the charity of your choice.

Generally, you can expect an interest rate of about 1 percent higher than other credit cards, Arnold says. Otherwise, the terms and conditions -- such as over-the-limit, balance transfer and late fees -- are comparable to those of other credit cards.

With the Discover Wildlife card, which donates proceeds to the World Wildlife Fund to help save endangered species and protect endangered habitats, the variable rate ranges from 0 percent to 23.24 percent.

Of course, the better your credit, the better your interest rate. Find all of the cards mentioned in this article at www.FindACreditSolution.com.
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Both Ajeet Khurana & Deidre Shirley are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Ajeet Khurana has sinced written about articles on various topics from Credit Cards, Home Improvement How to and Credit Cards. If you , you will find good deals on. Ajeet Khurana's top article generates over 1220000 views. to your Favourites.

Deidre Shirley has sinced written about articles on various topics from Credit Cards Benefits, Credit Cards and Student Credit Cards. Deidre Shirley is an author and credit card expert. Deidre has worked with thousands of individuals to choose the perfect credit card for them. Visit www.FindACreditSolution.com for more advice & top rated cards.. Deidre Shirley's top article generates over 110000 views. to your Favourites.
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