Banks do not sell credit cards but rather offer first time credit cards to those trying to build their credit. RBC, TD, and CIBC all offer first time credit cards to their clients.
Chat with our AI personalities
The first thing to know is that most credit card companies that offer 0 interest credit cards are trying to sell a product. It is important to know what the interest is for a credit card that says there is 0 interest for a year after that year is up. Most interests skyrocket after that first year when people have already built up their debt.
There is an online site, called 'credit' that can easily sell you a prepaid card. You can start out with this card and you can improve your credit, as prepaid cards do not impact your credit.
Because they want to sell things or services to people. If you do not have cash but have a credit card, you buy more things.
American Express is a very reliable and major firm in the financial industry and the business sector. They also sell prepaid and re-loadable credit cards with services for businesses also offered.
Some companies are capable of underwriting their loans to customize them to meet the needs of their customers. It is very difficult for the banks to buy and sell mortgages when they underwrite them. Most major banks will not change the terms of their loans for this reason.