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Unsecured Credit Card Mall is a portal of credit card and loan offers applicable online. Browse through the unsecured credit cards, compare the terms and apply for the best one! Comparing unsecured credit card benefits is a no barainer here. It's easy to locate the card that fits you best once you know your preferences. Either you are looking for an unsecured platinum credit card with the lowest Annual Percentage Rate (APR) or a credit card with reward points, rebate or no annual fee, you'll find it here!

A secured credit card means that you must deposit money in an account to secure the credit card. The amount of the security deposit will usually equal your credit limit. On the other hand an unsecured credit card does not require a security deposit. These types of credit cards are for individuals with good or excellent credit line usually, but you can also have poor credit and in this case they help you re-build your credit.

Average Daily Balance: This is the most common credit card balance calculation method. It credits your account from the day payment is received by the issuer. To figure the balance due, the issuer totals the beginning balance for each day in the billing period and subtracts any credits made to your account that day. While new purchases may or may not be added, depending on your plan, cash advances typically are included. The resulting daily balances are added for the billing cycle. The total is then divided by the number of days in the billing period to get the "average daily balance."

Adjusted Balance: This is usually the most advantageous method for card holders. It is determined by subtracting payments or credits received during the current billing period from the amount left at the end of the previous billing period. Purchases made during the billing period aren't included. This method gives you until the end of the billing cycle to pay a portion of your balance to avoid the interest charges on that amount. Some creditors exclude prior, unpaid finance charges from the previous balance.

Previous Balance: This is the amount you owed at the end of the previous billing period. Payments, credits and new purchases during the current billing period are not included. Some creditors also exclude unpaid finance charges.

Two-Cycle Balances: Issuers sometimes use various methods to calculate your credit card balance that make use of your last two month's account activity. Read your agreement carefully to find out if your issuer uses this approach and, if so, what specific two-cycle method is used. If you don't understand how your finance charge is calculated, ask your card issuer. An explanation must also appear on your billing statements.

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