A low annual percentage rate
A prepaid credit card is best for those who believe they might not be able to pay the balance.
There are many credit cards offering low interest balance transfers. For instance, certain credit cards by American Express, Capitol One, and Discover have great low interest balance transfer rates.
it is a debit balance because it decreases owner's equity, which has credit balance.
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Low fees for balance transfers
Accounts receivable is decreased with credit balance or by receiving the cash from customers.
If an account has a credit balance the customer must have overpaid on their account or a credit was issued by the company and posted to the customers account, resulting in a credit or negative balance.
Sundry Debtors always have Debit balance, if it is showing credit balance ie, Advance paid by Sundry debtors or your customers, if you are given discount after making the invoice, or excess payment done by your customers then the Sundry Debtors balance will be Credit. Regards, Ajish
A low annual percentage rate
A prepaid credit card is best for those who believe they might not be able to pay the balance.
Many credit cards offer zero interest balance transfers for new customers for a certain period of time. For example, Capital One, CitiBank, and Chase are all credit card companies that offer this perk. For more specific information, go to http://www.creditcards.com/balancetransfer and click on the link that reads "balance transfer".
For customers who are unlikely to carry a balance on their credit cards, the interest rate becomes less important than the features that the card offers. Benefits such as rental car insurance might be more useful than rewards based on how much the card is used.
no fees for cash advances
No fees for cash advances
It means that the account was closed by the company that granted the loan or credit. An example would be Chase closing a customers credit card (with or without a balance) due to inactivity, poor account performance, or due to a decline in the customers financial health.
The Amazon.com Reward Visa Chase credit card is a special credit card offered to Amazon customers as well as anybody else who wants to apply for it. It also provides special features to its customers.