Charge Cards

Below you can view charge cards in the comparison chart. Charge cards are popular in Canada and the US, yet they do require careful budgeting and you must ensure that you are able to afford the bill at the end of each month because you will have to pay it off in full. Generally the penalties for late or partial payment of the balance of charge cards can be high, and by heading into difficulty you could damage your credit report. Charge cards often carry great additional features travel insurance, reward programs or even membership to certain exclusive clubs. Take your time and compare the different charge cards below remember to check for fees including the annual fee. Make sure that you read the terms ancd conditions thoroughly.

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Compare Charge Cards

As an alternative to a credit card, Charge Cards are secure, convenient and there is no credit limit.

What is a Charge Card?

Charge cards are different to credit cards because they give you the financial flexibility of no pre-set spending limit. You can still use the card as you would any other credit card, making purchases online, over the phone, in shops, restaurants and they have worldwide acceptance. But with a charge card you must pay off the balance in full each month.

What are the benefits of a charge card?

Charge cards can help you rebuild your credit rating if you have had past financial difficulties.

As many charge cards do not come with a set credit limit you are able to make far more significant purchases than you would with credit cards which have set spending limits. You will not have to deal with expensive fees for going over your credit limit as you would with a charge card.

There are many rewards that you can earn with charge cards including discounts and offers in a variety of outlets, airmiles and deals on hotels .Many cards also often come with additional benefits such as insurance, extended warranty, 90 day purchase protection and much more.

What are the risks?

The annual fees associated with charge cards can be expensive which may put some people off. However, many feel that the benefits outweigh this. You may also find that charge cards are not as flexible as credit cards as you may not be able to withdraw money from an ATM with a charge card.

Finding the right Charge Card?

You are more likely to be approved for a charge card if you have a very good credit score.

It is important that you take the time to research the market to find the card that best suits you. Use the table above to compare different charge cards. Before applying make sure you read the terms and conditions fully, are aware of any fees involved and that you understand what the consequences are of missing payments.

Charge cards are one of the easiest ways to pay for goods and services

There is no spending limit with charge cards which means you are able to pay for any goods or services that you want. You must however, be certain that you are able to pay the full balance at the end of the month otherwise you will end up having to pay high late payment charges and fees and your card might be cancelled. Charge cards come with an annual fee which you must ensure that you are aware of as they are usually high. With this annual fee you will however, receive a range of benefits which are worth having.

Charge Cards - Latest News News and Charts

Should I Get a Charge Card?

07 April 2011
Which Way To Pay

A charge card is a type of credit card, so just what do they offer and should you be considering one?

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Charge Cards

07 March 2011
Which Way To Pay

A charge card is an alternative to the credit card because essentially, the credit you borrow/use should be paid back IN FULL at the end of each month. There is no option for lenience or extension on this term because this is precisely what makes the charge card different from a standard credit card.

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Poor Credit Rating Card

03 February 2011
Which Way To Pay

Here on Which Way To Pay Canada, we offer you a real variety of cards in our price comparison format. In our specially formulated grid we want you to be able to scan over pros and cons quickly and easily so that your decision is made simpler. Browse between 5 categories of cards: credit cards, rewards credit cards, business credit cards, charge cards and poor credit rating cards.

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Book On Credit Cards To Maintain Insurance Safety Net

31 January 2011
Which Way To Pay

By booking your flights, and indeed, your holidays on a credit card you are insured immediately by the creditors so this is a great way to protect yourself against unpredictable travel changes or journey disruptions.

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Rewards Cards On Which Way To Pay Canada

19 January 2011
Which Way To Pay

Here at Which Way To Pay Canada, we are happy to bring you an extensive collection of cards-all laid out in a price comparison format. Amongst the options are credit cards, rewards credit cards, business credit cards, charge cards and poor credit rating cards so we have all your needs covered.

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