MEMBERS:

• Arevalo Vilela Milagros

• Cortez Melendez Pierre
• Cobeñas Vílchez Leyla
• Polo Shirts July
• Cruz Ordoñez Greta
• Juarez Machare Luis
• Morales Ramos Maria
• Olmos Ramirez Renzo
• Peace Street Yesly Yohana
• Pérez Guerrero Kevin
• Rivera Gaona Deyvis
• Socola Crisanto Karla

PROPE the
professional
R USE
OF THE
CREDIT career of
CARD administrati
on of the
Students of
 Catholic
University
the angels
of chimbote
Subsidiary -
Piura
 WHAT IS A CARD? OF CREDIT

The credit card is one of the most used

financial instruments.

Plastic card with magnetic stripe and

security in which the owner's
information is stored, which can be used
as a means of payment or as
credit instrument.

It is a revolving credit: as you pay it, you

have the value of the assigned quota again.

Allows the user to buy now and pay later.

 PHYSICAL
CHARACTERISTICS

NAME AND NO. CARD MAGNETIC STRIP PANEL AND

LOGO SIGNATURE

BA
NK
128459000084 758
1234 0000 0000
0000
0 Y
0
CARDHOLDE A
0 NAME
R
0 R
CHIP DUE DATE D NO. OF EMERGENCY SECURITY CODE
0
0
Z
O
O
 BUT WHAT IS A CARD
DEBIT

If credit cards mean “pay later,” debit

cards mean “pay now.” These cards are linked to your bank
account and are like paying with cash. With debit cards,
you must have money in your bank account to cover your
purchases.

These cards look

similar to credit cards;
Therefore, make sure
you know what type of
card your financial
institution has issued to you
When Using a Debit Card Don't Forget :

• Keep sales receipts or copies

• Record your transactions in your check register as

soon as possible or verify transactions online.

• Account for all applicable bank charges.

 DEBIT

Avoid Extra Charges

Many banks charge a fee if you use another
institution's ATM with your debit card, and they also
typically charge non-account holders to use their
ATMs. Instead of paying extra fees, choose a bank or
credit union that has ATMs in the area where you live
or work or use your debit card to get cash back when
you make purchases.
 KNOW YOUR LIMITS
Many debit cards have daily spending and withdrawal limits. These limits are to protect you in
case your card is stolen. But remember, your card may be declined if you exceed its limits, even if
you had enough money in the bank. Know your limits and contact the issuing entity if you need to
increase or decrease it.

Remember to also keep track of your expenses. When you make a purchase, withdraw money
from your account, or pay bills that exceed your account balance, you may be charged “overdraft
fees.” Some financial institutions offer overdraft protection, covering your check or debit
transaction from bouncing.
 CARD TYPES

t cards are distinguished according to:

• QUOTE
Approved limit or no limit.
• Depends on ability to pay
• Adequate credit history
GEOGRAPHIC COVERAGE
National or International.
PAYMENT
PrepaidTYPES
(gift), minimum payments (deferred), full
payment.
 BY ISSUER
• For General Use (Banks)
• Restricted use (limited to businesses)
With and without reward systems. (miles, cash
back, bonuses, points, discounts, among others)
FOR REWARDS
If the agreed deadlines to pay off debts are met, as a means of payment over the Internet.
interest is exempt.
Its use is becoming more and more standardized

Allows you to have access to a balance greater than Money is always available.that of a
checking account. You will be able to access a larger amount
of money if you need it.

It covers insurance for theft, accidents, among others.

You must have a certain amount of income to The commissions charged for different
qualify for a credit card. operations are usually high

There is a danger of not being able to control

expenses.

If the deadlines are not met, the interest is

very high.
 APPL CF/Vg
AVA g
ICATI
SHORT TERM FINANCING
COJtPOJtAC/OM MAC/OffM

It
allows
you to purchase
items and services
and pay for them
in full on the
payment date.
#4#* UH

The first
step is
to get

organized and take into account the cut-off date and

payment date.
 APP
LIC
SHORT TERM FINANCING
CUTOFF DATE
ATI
ACCOUNT STATUS ON
It is S lililí the day that the bank marks as the end of a
MARCH period of recording the purchases and other
movements you made (one month), and at the
same time establishes the beginning of another.

ment, and Doc. Identity - - -

Cutting period from. O4;FEB/2O16 until 03/MAR/2016
is always the same day of each month.
Cut-off date 03/MAR/2016
SUMMARY OF MOVEMENTS
Total debt Consumption Payments or Interest _ Previous Total Debt Debits “credit and Charges As of the cut-off date

APP
LIC
SHORT TERM FINANCING
ATI
PAYMENT
DATE ON
S
। (09 It is the deadline you have to pay
Page,
1
ACCOUNT STATUS PACIFICARD
Pacific BANK

Address: Ae-CDES-— =smms

City: QUmo
your consumption for the period
PBX: 42511500 Fax: 22462822
Call Center: 373-1500
Email address: WEBADMIN@PACIFICARD.COM.EC
without being charged interest.
MASTERCARD: S am •

llllllllll From your cut-off date you have

the period that the institution
llllllllll
Doc. Identity ' -
Cutting period from. 04/FEB/2016 until 03/MAR/2016

Cut-off date MAR/03/2016 Maximum payment date MAR/18/2016

(card issuer) determines to pay
llllllllll 41.38

Attention:
177.49
177.49
41.38

Maximum payment date

0.00

- 18/MAR2016
your obligations.
The payment date is indicated
QUOTA

ll
Total debt 177.49 100% Total to be paid in cash 64.53
Authorized Used Available Extra quota
Minimum to pay 56.98
♦ 32.00% Suggested Payment 63.00
5,480.00 177.49 5,302.51 0.00 PAY AT LEAST THIS VALUE — ■_
on your account statement.
 APP
LIC
SHORT TERM FINANCING
ATI
MINIMUM
ON
PAYMENT
S
In case you cannot pay the total of your consumption, always try
to pay more than the minimum payment indicated on the
account statement, this for avoid he
overindebtedness.
 APPLICA
TIONS HUi T

CASH WITHDRAWAL
Credit cards can be used to withdraw cash (advances)
at ATMs or at your bank, paying the corresponding
You can buy products and services that you
INTERESTS commission.
will pay in installments, commonly of 3,
6, 12 and 18
It is advisable
months, attothe
usesame
it to make advances
price as if you only in case
of emergency,
purchased because it is expensive financing.
them in cash.

Keep in mind that when you make deferred

purchases, you commit some of the money
you will earn in the future.
 Pay your monthly fee on time.
TIPS Pay off your entire balance.
Never skip a payment.
Don't make the minimum payment a habit.
Do not abuse interest-free month-long
promotions because they compromise your
ability to pay and your future income.
Remember that the more services your card
offers you (miles, assistance, points, insurance,
etc.), the more it may cost you. Avoid managing
too many cards, it is advisable to have a
maximum of 2 cards.

• Check your monthly

account statement.
keep a relation between debts
low incomes. ship and
*Good credit card management allows you to maintain an adequate credit history to ensure
open access to credit in the future.
COSTS

It is important that when purchasing a card you are

always clear about all the costs related to it.

• The annual cost depends on the type of card (from

the simplest to the ultra premium).
• The interest rate is the most important cost to take
into account, the higher the percentage, the more
expensive it is.
Late charges are all those charges that the bank
charges you for not paying or paying late.
Commissions are the money that the bank charges
for ATM withdrawals or for the different additional
services it offers (miles, assistance, points, insurance,
etc.).
 SECURITY MEASURES

SECURE
CONNECTI
ON

AVOID
CLONING

VERIFY
COLLEC
TION
VERIFY
VOUCHER

RETURN
DOCUMENTS
IN CASE OF LOSS OR THEFT

Immediately notify the issuing entity

about the theft or loss of the credit
card.
CLOSE OR CANCEL CARDS

• Written notice to the financial institution of the

closure of the card.

• Deliver the cards and request their destruction in

your presence.

• Review collection notices to ensure that there are

no pending transactions.

• If you have any automatic payment of accounts

charged to the credit card, give timely notice that
the product is going to be closed.

• Request a certificate of not maintaining any

outstanding balance with the issuing
institution.