Home > > Chase Flexible RewardsTM Platinum Visa

Chase Flexible RewardsTM Platinum Visa

0% APR for up to 12 months*
No annual fee.
Earn 1 point for every eligible dollar spent toward travel on any airline, shopping at your favorite stores or cash!*
Earn 1000 bonus points after first purchase*


Why settle for a rewards credit card that limits your choice of rewards?
With the Flexible RewardsSM Platinum Visa® card, you can earn 1 point for every dollar spent1 and turn everyday purchases into extraordinary rewards:

• Merchandise - Choose from a variety of great brand name products.
  
• Travel - Earn airline tickets, hotel stays or car rentals.
  
• Cash back - Redeem 3,500 points and receive a $25 check.
  
• Gift cards - Get free stuff from your favorite stores and restaurants.
  

DID YOU KNOW?

	Wells Fargo is one of the leading firms that offer home equity loans with no closing fees; however, whether or not you pay closing fees will depend on the amount of loan borrowed and the state in which the property is seated. The “no closing” package also depends on the level of credit the borrower has established. Some lenders offer a 7.00% APR variable rate on the loans and these rates are active on a set timeframe, but again, it depends on the amount of loan borrowed. The bank states if the borrower accepts the repayments; thus, direct deposit relations then the rates will remain in effect, but if the borrower opts to close his accounts and selects to pay by check, money order, or other method outside of a active direct deposit payment, then the rates will increase on the loan. Furthermore, the bank states that the rates are “subject to change daily,” thus posing threats to the borrower. In addition, there are fees on a set time if the borrower elects to pay outside of direct deposit arrangements. Additionally, the bank stipulates that the borrower must pay “flood and hazard” insurance during the term of the loan. Other lenders offer similar but slightly different equity loans, which is why you should weigh out the terms between lenders to avoid significant loss. We pointed out the terms in this article to help you to see that the advertisement for equity loans offering no closing fees or other upfront costs has stipulations in the loans. Therefore, read the terms and fine print to better understand what you are actually getting into when taking out home equity loans. In addition to this, you may also want to get quotes online, which can help you compare companies.

Buying a new home is an exciting and tiring ordeal. However, the thrill of moving into a new home can often overshadow the frustration that comes with searching, negotiating, and being out bided. The home buying process is very lengthy. Thus, you should be prepared to devote a lot of time and energy to making your dream a reality. Here are a few tips to help smooth the home buying process.

Fix Credit Blemishes and Errors

Credit reports are critical to the home buying process. Sadly, many young adults and first time homebuyers minimize the importance of maintaining a good or fair credit rating. Although various mortgage programs exist to help bad credit applicants get approved for a home loan, these loans have higher interest rates. To ensure a low rate mortgage, which will also lower your mortgage payments, improve your credit rating.

If your credit score is at least 680, lenders consider you a prime candidate. As a prime candidate, you qualify for a low rate mortgage. On the other hand, those with credit scores below 600 can expect considerably higher rates.

Before applying for a home loan, check your own credit score. If your score needs a little improvement, delay purchasing a home for at least six months and raise your rating.

Choosing an Affordable Home

Naturally, pricier homes are more appealing. However, if buying a new home, realistically determine what type of home will fit into your budget. Many mistakenly purchase expensive homes, and can barely afford the payments. Avoid becoming "house broke." Ideally, mortgage payments should be no higher than 36% of our total monthly income. This way, you can comfortably pay your mortgage and care for other household expenses.

Get a Lower Interest Rate with a Down Payment

Although down payments are not mandatory when purchasing a home, they will help you secure a low rate mortgage. Moreover, with a 20% down payment, you do not have to pay private mortgage insurance. Planning for a down payment takes time and discipline. It may require cutting expenses, or sticking to a strict budget. However, the results are worth the sacrifice.