Silver Credit Cards
De BISAWiki
The lowest in the hierarchy of how to buy gold and silver article precious metal named credit cards, silver credit cards have been around because the conception of credit cards in the mid-1950s. These days silver cards have been surpassed in prestige by gold credit cards and platinum credit cards and so have much more generally come to be known as standard or basic credit cards.
Advantages of silver credit cards
The advantages that silver credit cards have over other types of cards consist of:
- lower annual membership fees (if any)
- lower threshold salary which you require to earn if you want to apply
- the same credit limit as other credit cards if you have a excellent credit history or manage your card sensibly
- % interest for between 6 9 months when transferring your account balance from one credit provider to an additional
The easy fact is, if you are not that fussed over the image you portray when you are out shopping with your credit card, and are much more concerned with how you manage your credit card debit, then silver credit cards are certainly much more favourable than any other credit cards on provide.
Disadvantages of silver credit cards
- lower cash withdrawal limits
- less rewards in rewards promotion packages, such as a lower percentage rate cash back return with cash back credit cards or lower airmiles with airmile credit cards
- less travel perks for example, if you have a gold or platinum card you might be entitled to automatic upgrades when travelling, but as there are far much more standard silver credit cardholders, it is unlikely this benefit will be afforded to you as well
- less how to buy gold and silver article prestige, which might mean retailers are less willing to give you the same service as they might give to gold and platinum cardholders.
