A charity card is just like every other charge card in a lot of ways. You are nonetheless borrowing funds from your lender to make your purchases, you're nonetheless billed interest on outstanding balances and you might still pay a yearly fee to use the card.
The only difference between a charity card and a normal credit card is that with a charity card a small portion of every purchase you make on the card will be donated to the charity of your choice. The percentage is usually small, around one or two percent, so it may seem like you are not donating much to the charity but if you shop regular this small amount can quickly add up.
The main benefit of using a credit card that automatically donates money is that you don’t need to think about it. You can forget all about making your regular donation, because it will all happen automatically as you shop with your charity card.
There is also a small negative with these cards, and that is you will likely not receive any rewards that you would normally expect from using a card such as air miles or gift cards. This is because the percentage value of rewards that the credit card company would normally give you will instead be given to your chosen charity.
There are two ways that you can get one of these cards. The first way is to talk to your current credit card company about switching your current rewards for a cash donation. With many cards you will even be able to do this without talking to the credit company. Many of these companies will reward you with points for using your card and you are given a wide choice of what you can spend your reward points on, in many cases you can spend the reward points on a donation card to a popular charity.
The second way you can get a charity credit card is by going straight to your favourite charity and asking whether they offer there own card. Some of the larger charitable organisations issues there own credit cards that will automatically donate a portion of money spent on them.
Follow these suggestions and choose a donations card today, make going shopping fun and charitable!
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