by Trevor Rocious
A friend once told me how his uncle was embarrassed at a store. There was a decline in the payment made by his uncle. I was curious to ask him why? He told me that his uncle was among the oldies, who still prefer their statement to their letterbox, which is always monthly. At the same time, his bank has deducted some charges that he was not aware of that led to his credit card balance changes.
A lot of people have once been in this same dilemma, like my friend's uncle. The demand for credit facilities has grown compared to the past years. The Internet has also played a vital role in changing customer's decisions and influencing their choices towards credit cards.
Still, many credit cardholders cannot perform some simple banking activities on their own without entering their financial institution mortar building. An example of these activities is the checking of the credit card balance. You will be shocked by the numbers of credit card holders, who can't tell you their card balance at the point of inquiry or when the info is urgently needed.
Let's look at some of the reasons you need to regularly check your credit card balance, especially before any further transactions.
I don't know if you have experienced a reversal in your payments with your credit card without receiving any notifications, be it email or SMS? Also, some transactions you won't be aware of that didn't go through successfully. One thing is sure when you purchase with cash; it is an immediate completed transaction, with no delay in payment confirmation from the other party involved in the transaction, unlike credit card payment transactions, which do have a step-back some time.
Equally, some transaction payment seems completed, whereas they might be a delay caused by one thing or the other without your knowledge. You will be amazed at how a delay in payment of some transactions has led to an embarrassing scenario for lots of credit cardholders, especially at the point of their next usage of their cards. But when you can readily check your credit card balance on the go, you won't be a victim of such embarrassment.
There are loads of credit card fraud cases reported by many credit cardholders. Many are also being heard on TV, read on newspaper, and online news and reports . The fact is that fraudsters are upping their game, attacking overwhelmed consumers' cards. Simultaneously, some card's owners won't be aware of the unauthorized transaction ongoing on their credit card.
Checking your credit card balance will surely protect you from any fraudulent activity on your account. You will also get a quick alert to make a report and stop subsequent transactions by the fraudster. Sadly, credit card holders don't see this as a reason they need to check the balance on their credit card frequently. A regular check on your account saves you from continuous unauthorized payment.
We are in a pandemic period in which many household budgets around their income and credit facilities. When it's time to make some payment or run some transactions for your education, buying materials, paying off loans, etc., at the due time, you'll need to do this base on the strength of your finances at that moment. But, financial planning and execution will only be effective when you know the balance in your card to control your spending.
It has gotten to a period where everyone practices "scale of preference" on their to-do list or needs. But there are some payment you can't avoid, and having an updated record of your credit card will help you prioritize these essential bills.
It's always good for the credit cardholders to monitor bank charges and interest on their card and transactions. These activities help you plan your financial budget and save you from the double deduction on your account without your consent.
Make it a priority always to check your credit card account balance at least once a week or more to ensure that everything is right. It may look stressful, but not as compare to missing payments, charges, or grocery shop payment embarrassment.
You should remember credit cards also have their respective limits based on the plan a particular customer subscribes to with the financial institutions. You also have to maintain a good credit score, usually less than 30% of your credit card limit.
Below is a table of summary of the essential features of the above-listed Credit card balance checker.
|Fee for checking balance|
|Friendly Interface website|
|User Data Security||YES||YES||YES||YES|
|Means of Checking Balances||Phone & Online||Phone & Online|
|Withdrawal||ATM and others mean of withdrawal||ATM, and other means of payment|
The world now revolves around technology in which a lot of things have been made accessible. One of the benefits of this is checking your credit card balance online at the corner of your home without standing on the long bank queue to check your card balance.
ReadyCard is one of the products from Minnesota-based Corporation. It is perfect for customers who love paying in cash. It was the first to commence the administration of unknown prepaid cards ( ReadyStation). You can use their prepaid cards across different sectors such as Government, Airline, Transit, etc.
ReadyCard has a platform for users to check their balance whenever they want to, and at anyplace.
CreditMantri is a prepaid company that takes charge of user credit health and assists them in making the right borrowing decision.
They give their respective customers support, especially to those that are new to credit and who have a nonexistent record; bad history; so that they can have and enjoy a good portfolio.
CreditMantri has a section on its website that enables you to check your credit card balance effortlessly.
GetYourBalance is one of the famous sites for checking your card balance. The Spark base network owns it. Users can quickly check their credit card balance at easy. GetYourBalance has an international standard framework that guides their operation and ensures safety for its users.
They comply with the US-EU Safe Harbor Framework set by the US Department of Commerce to collect, retain, and use the user's personal information.
The GetYourbalance website has a friendly and easy interface for all users with full features. It was well designed for the new user to interface with the site at easy. Users need to provide their credit card number and pin code to know your balance.
I'm sure you be wondering that the name sound similar to the above card company. GetMyBalance is owned by EML Payment. EML is a company that offers services on a reloadable and non-reloadable prepaid card. They are based in Australia.
With the information provided in this article, you should be able to effortlessly check your credit card balance, especially when you want to make your next purchase or transaction. This will save you from a similar embarrassing experience my friend's uncle went through. Also, you will be able to monitor closely every activity on your card.
About Trevor Rocious
Trevor Rocious is a prominent science blogger known for his engaging and informative content in the field of scientific exploration and discovery. With a passion for unraveling the mysteries of the universe, Trevor has captivated a wide audience with his ability to communicate complex scientific concepts in a relatable and accessible manner.
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