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| Emergency Credit Cards |
 Emergency credit card tip for college students: Credit is a precious and college credit cards can be dangerous. The general rule of thumb is: if you don’t have the income to pay, for what you charge, restrict credit card use to emergency situations – (unless of course you’re an heir or heiress). Dire circumstances do not include buying new iTunes to download onto one’s iPOD, indulgence at the hippest Sushi café or splurging on wardrobe shopping adventures. Since credit cards can make or break a credit score, devise a budget to manage spending and try to use credit cards for emergencies and school supplies only.
Emergency Credit Cards for Cash Withdrawals
As easy as it may seem to take-out a credit card cash advance a few days before payday, avoid the temptation. Cash withdrawals come with hefty interest rates of 24 percent or more. Instead of opting for the cash advance, choose to apply for another credit card that offers a rebate on gas, and a moderate APR on product purchases. For instance, credit card magnate, Chase’s Platinum Visa features credit cards with gas incentives and other automotive discounts.
On the contrary, certain dire life situations need to be extinguished. For instance, losing a laptop along with personal pieces of identification, could be temporarily resolved with an emergency credit card. In the case of the mugging victim Andrew Fogel, he could have recuperated his day, if he had an extra emergency credit card stored  away at home. If he was a cardholder of Chase’s Visa Platinum, he could have received an emergency replacement card and cash advance. In the case of Allison Devlin, not having an emergency credit card could have cost her three days of work - until pay-day to repair her car's transmission.
Emergency credit card tip for travelers: To account for unforeseen situations, always carry a reserve emergency credit card during travel. But, be sure to conceal it in the dark confines of your luggage, a pair of socks or any other unsuspecting place no one would think to search.
In conclusion, urgent situations are not limited to being a crime victim or not having enough to cover vital expenses. An emergency credit card can be a lifesaver for both business and leisure vacation or any other unforeseen circumstance. Applying for an emergency credit card can be the difference between a time sensitive setback and the convenience of a back up plan.
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