A free credit card can help you in different situations. In this article we list the most competitive free cards available in Italy in 2019. You can evaluate which is the zero-fee card that best suits your needs, without worrying about running into cards that provide hidden costs and expenses.
Why use a free credit card?
It has been a long time since credit cards of this type were first introduced.
Now these are perfectly functional tools, which use the new contractual policies adopted by the banks to offer faster and more integrated services (which is tempting to many) often completely digital.
The advantages of free credit cards are different.
- They are simple to use
- They are very quick to request and activate (many of these rely on fully automatic procedures, which you can carry out from the comfort of your home – a computer and an internet connection are sufficient)
- They are equipped with advanced security systems
- They are now accepted by most exhibitors
Are there any disadvantages with free credit cards?
These are not real disadvantages, but mostly limitations. These cards generally have a slightly lower maximum monthly spending threshold than cards with an annual fee. However, there are ways to temporarily increase it.
How to get a free credit card?
Just meet certain requirements.
- Are you at least 18 years of age ?
- If you have a current account (also jointly registered)?
- Do you have creditworthiness (i.e. you are not reported as a bad payer)?
Do you answer all requirements in the affirmative?
Cards without revolving charges
Revolving is a different method of managing a credit card without fees. With revolving you can pay in installments the payment of a sum or part relating to the purchase of goods or services. It also allows you to purchase goods for amounts greater than the availability of the current account.
There are many revolving cards without fees, but the problem is another. Revolving cards typically have high interest rates. By searching carefully you can locate interest-free revolving cards. In this case, interest is equal to zero only if it exceeds the minimum monthly spending threshold.
The real free credit cards: no fee, no fees
A good credit card at no charge is the Classic Barclaycard. It has no annual fee, does not provide for commission costs on purchases or on supplies, and even tolls are not subject to commission.
A free revolving card is Ardous Donato’s Ferus. It exists both in the balance version and in the revolving version, but to be really interest-free, the latter requires that you spend at least $ 500 per month. The amounts will be repaid in 10 installments. If the sum you spend is less than $ 500 the rates are: TAN 14%, APR $ 17.08.
Free credit card that Loan Likes here
We at Astro Finance also like Lite Lender, a credit card that has as its strength the absence of commissions for expenses and money transfers abroad.
Lite Lender works with 150 different foreign currencies, and the commissions are applied only on movements of an amount greater than $ 6,000, and only for certain particular conditions.
For this reason, Lite Lender is an excellent credit card with zero travel expenses.
Other advantages of Lite Lender are the speed of opening (just a few minutes to open a Lite Lender account, and it is done directly from the phone), an integrated budget management, and tools for saving or notifying transactions.