Liberty Truist

What is a credit card?

A credit card is a thin rectangular piece of plastic or metal issued by a bank or financial services company that allows you to borrow funds to make purchases.

Here’s what you need to know about credit cards and how they can benefit you:

How do credit cards work?

Credit cards can be used to make purchases online or in stores and pay bills.

Borrowing Funds: When you use a credit card, you are borrowing money from the card issuer up to a certain limit. You agree to pay this amount back, typically on a monthly basis.
Interest Rates: If you carry a balance beyond the due date, interest may be charged on the unpaid amount. Understanding your card's interest rates is essential for managing your finances.

Credit cards facility

We provide all the credit card facilities to our customers.

We provide customers with a variety of credit cards based on the convenience of work.

Standard credit cards
Rewards credit cards
Charge cards
Subprime credit cards
Limited purpose cards
Balance transfer credit cards
Student credit cards
Secured credit cards
Prepaid cards
Business credit cards

Using credit card

We can use our credit cards daily for all that work

Balance transfers

Transferring Debt: A balance transfer involves moving the outstanding balance from one or more credit cards to a new credit card with a lower interest rate.

Everyday spending

STrack Your Income and Expenses: Start by listing all sources of income and categorizing your monthly expenses, such as groceries, transportation, and entertainment.

Large purchases

Determine Your Spending Limit: Assess your financial situation and set a realistic budget for your large purchase, factoring in all associated costs (taxes, fees, etc.).

Travel

Avoid Card Declines: Let us know your travel dates and destinations to prevent any disruptions in accessing your accounts or using your cards.

Credit cards