Using Charge Cards to Improve Credit

September 30, 2009 by Jim

like credit cards because you’re afraid of falling into the debt trap, have no fear! There are credit cards that will not let you carry a balance.

Charge cards are not as good as credit cards when it comes to building and improving your credit but they’re still an option.
http://www.bankrate.com/finance/credit-cards/are-charge-cards-bad-for-credit-scores.aspx

What happens if you don’t pay off the balance in full each month? They hit you with much higher penalty fees. So, it’s not a full proof method

Platinum Card® from American Express

Preferred Rewards Gold Card

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