Carity Credit Card

Using a Charity Credit Card to Do Good Deeds

Are you the type of person who likes to donate charity, the one who is always putting money in the drop boxes or send a donation to the Salvation Army? If this sounds like you then you should consider using a charity credit card. By using one of these cards you can donate to the charity of your choice at no extra cost to you and still be able to enjoy a credit card that offers affordable rates. The only thing you need to do is use your credit card to make purchases just like you always have before.

Donating to your favorite charity is a great way to help the less fortunate people in the world and help the organizations that work with them. While you may or may not be able to actually go the organizations to make your donation in person, your charity credit card allows you to do it on a monthly basis without ever having leave the comfort of your home.

The charity credit card has been around for over 20 years and has been used by numerous financial companies as a way to help various charitable institutions. Each credit card shows the logo or a picture that relates to the charity that you wish to donate to so that others can see what your money goes to help. This is not however the only reason, the hope is that if others see your card they might decide to do something similar and more charities can get the financial help they need.

Charity credit cards work much like many other financial reward credit cards, every time you make a purchase, transfer a balance or take out a cash advance a small percentage of the amount is donated to the charity you have chosen. Basically every time you use your account a donation is made the most common rate is around 0.25% Along with helping your selected charity some of the cards also offer a small reward that goes to you, however the rewards is quite a bit smaller than you would get with a regular reward credit card.

Depending on your choice of charities there is a host of cards to choose from such as the American Express Red card where the money goes to help end poverty and disease in Africa or Make a Wish credit card that donates to the Make a Wish Foundation every time you use your card. While using a credit card to donate money can be a great way to give money to your favorite charity it may not always cover all of the charities you wish to give to. Make sure that you continue to give to your local charities as well they still need your support and are not usually part of a credit card program.

While donating using the rewards from a credit card may seem idyllic, it does not mean you should ignore the costs of using the credit card. If the costs outweigh the advantages you might want to consider having a monthly deduction made and sent to your favorite charity from a more affordable credit card.