This rate can kick in if you are delinquent on your credit card payments by 60 days or more. A penalty rate is the highest rate you can be charged. To transfer a balance of $5,000, you'll pay between $150 and $250 upfront, in addition to the interest charges!įinally, other credit cards typically charge a penalty rate. Likewise, most credit cards charge a balance transfer fee between 3% to 5%, with a minimum charge around $10. If you want $100, you'll be charged a one-time fee of $10, on top of the interest charges. Most credit cards charge a cash advance fee of 5% or $10, whichever is greater. The Minnco Mastercard is packed with features typically found only on cards with hefty annual fees! With its unique vertical design, the Minnco Mastercard credit card literally stands out in a crowd.

How does Minnco's Mastercard credit card tower over the competition? Not billed twice – even if you tap more than once at checkout, you'll only get billed once for your purchase.No accidental payments – your contactless card must be close to the reader at checkout to work.You're in control – your contactless card never leaves your hands to make a payment.Contactless payments provide secure encryption technology and Zero Liability Protection and are as secure as your regular card. And be sure to keep a record of all of your card numbers, expiration dates and emergency phone numbers in case you misplace it. Always know where your contactless card is and keep it in a safe place. Treat your contactless card as you would any other credit or debit card. After you tap your contactless card or device at checkout, payment details are sent wirelessly to the Mastercard network.ĭo I have to treat my Mastercard contactless card in any special way?

Please note that if you have more than one contactless card in your wallet, you should remove the specific card you want to use rather than tapping your wallet against the reader.Ĭontactless uses a hidden, embedded computer chip and radio frequency antennae. Typically, when you tap your card/device at checkout, it must be within an inch or two of the contactless symbol on the terminal at the counter. How close does the 'tap' have to be to the checkout reader?

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