Have you ever dreamed about getting an exclusive credit card with which you can pay for everything without worrying about your balance? If you have, then, an entertainment credit card will make your dream come true! You will get a credit card that has absolutely no limit and offers you benefits and perks other card users can only dream of!
If you have decided to get one you have to know that entertainment cards differ a lot from most credit cards used by regular customers and that is why they are some of the most difficult to get. If you want to apply for this card, you should be aware that you must have an impeccable history of credit card use. Your purchasing power and past credit use will be also checked very carefully. So, these credit card applications are quite challenging!
You have probably heard that entertaining credit cards are available to only selected group of people and are typically reserved for high earners; I should admit that it is true.
Usually people who earn more than 100.000$ per year are qualified to get one. And it is quite reasonable, because if you have an entertainment credit card, you have to follow very strict rules and regulations, like paying balance in full during 30-60 days, if you do not do so, you will incur large fees on your account.
Your account will be cancelled in case of failure to pay balance in full regardless of balance amounts. To be honest, I used to have an entertainment card. Once I had some financial problems due to one awful situation that happened at work. As a result I was not able to pay balance and my account was cancelled. Unfortunately, I will never be able to have this kind of credit card again. As you see the accounts have to be always kept in order. That is why you should earn a lot to afford to pay back charges.
Fortunately, large purchases may be given an extension that can be paid out during a few months. For example, charges that are connected with traveling can be paid in 36 months.
I also have to point out that the interest rate of entertainment credit cards is rather high, it is usually between nineteen and twenty percent.
You will probably wonder why people want to have the entertainment credit cards, then. Is it just a sign of high financial status or something else? There is no doubt that it is very prestigious to be an entertainment credit card owner, but there is much more than that.
First of all, most entertainment credit cards have no credit limit, therefore account holders make large charges for any event at any time, without worrying about a credit limit. If you have an entertainment credit card you should never worry about carrying cash on you or going to bank to cash checks, which is really comfortable.
Last year my friend Michael (who is the lucky guy, because he has this card) had a big birthday party. It was unbelievable! He invited more than two hundred guests on a huge black yacht that he rented. There were all kinds of things: entertainment, fireworks, loads of food and drinks. I was amazed! Sure enough his method of payment was not cash (believe me the party was very expensive); it was his privileged entertainment card!
The other advantage of entertainment cards -is their buying power. It is better than Regular Visa or Master Card even though they are not so widely accepted. As I have noticed before, the entertainment credit cards offer great perks and benefits like insurance and cash advance.
Now you can see that entertainment cards are not all about prestige, they are really the best cards one can get. So, if you want to make your dreams come true, go for it, because entertainment credit cards are something to aim for!
Susan West writes about credit cards applications [http://www.acclaimsecuredcards.com] including cash back credit cards and no fee credit cards.
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