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The Rainbow Card Platinum Plus Visa Card

For every new account that is opened and every purchase made with the card, Bank of America will make a contribution to the Rainbow Endowment - at no additional cost to you!
The Rainbow Endowment is a grant making organization that funds the GLBT community.
Earn 1 point for every net retail dollar and redeem your points for travel, merchandise, gift certificates, and cash
No annual fee
Online account access, get up-to-the-minute account information, schedule payments online, review statements and much more.
*See website for complete terms and conditions of card usage and application disclosure.

Bank of America presents The Rainbow Card® Platinum Plus® Visa® Card

• For every new account that is opened and every purchase made with the card, Bank of America will make a contribution to the Rainbow Endowment - at no additional cost to you! The Rainbow Endowment is a grant making organization that funds the GLBT community.
  
• Earn 1 point for every net retail dollar and redeem your points for travel, merchandise, gift certificates, and cash
  
• No annual fee
  
• Online account access, get up-to-the-minute account information, schedule payments online, review statements and much more.
  

The Rainbow Card® Platinum Plus® Visa® Card features:

DID YOU KNOW?

	Before you deal with any credit repair agency you need to be aware of what they can and cannot do. For starters, reputable credit repair agencies can save you the time and hassle of scouring your credit report for errors that may be lowering your credit score. The best agencies will sit down with you and verify any accurate negative information before taking action. Credit repair agencies can’t remove any negative information on your credit report that’s correct, regardless of any claims that may be made to the contrary. Agencies that knowingly dispute accurate negative information are just wasting your time. Through legislation enacted in the Fair Credit Reporting Act (FCRA), your creditors have 30 days to investigate any claim to determine whether the negative information being disputed is incorrect. Negative information may be temporarily removed from your credit report but will return if it is verified as true at any time, even after 30 days. In the meantime, the credit repair agency may print you a copy of your “updated” credit report sans your negative info. You may not find out until months later that your credit score has not actually changed. If your credit score is quite low, some shady credit repair agencies will suggest creating a completely new credit record. In place of your social security number, the agency may try to secure a fraudulent Employer Identification Number (EIN) for you. This is essentially creating a new identity for you that you can use to start over with a fresh credit record. This is also a federal crime. If you fraudulently create a new credit record you will be held fully responsible for your actions and could face prosecution. Credit repair agencies can charge a hefty fee for their services, regardless of whether their services actually do any good. You need to be aware of all the fees and potential costs before agreeing to let any credit repair agency go to work for you. Legally, agencies need to state in writing what the costs are for their services. Credit repair agencies also cannot legally make any promises or guarantees they can’t back up in writing. If in doubt about anything the agency claims it can do, check with the Better Business Bureau and see if there are any complaints lodged against the agency. If there are no complaints on file, meet with a representative of the agency you want to do business with and make sure they aren’t making promises that they can’t possibly deliver. Armed with the knowledge of what credit repair agencies can and cannot do, you should be able to find an agency that will meet your needs and help you clean up your credit report with a minimum of time and hassle.

It is not uncommon for people to have problems managing their own finances but once you put two of these people together the damage that can be done multiplies exponentially. Finances change once you become a better half whether you blend your finances or not.

If you were to put your finances into the community couples pool will make for easier record keeping as well as make managing your finances simpler. This method of couples finance can also cut down on the paperwork you need to fill out when applying for a loan.

There are some low points of using this method as well. For one, you will never be quite sure just how much money you have in the bank at any given moment. This will not be such a big deal if you have a large bank balance, but if you live month to month this could cause some problems at the supermarket when you go to pay with your debit card. You do not know what your partner has been doing, he or she could have just gone shopping and that money may not be in the bank anymore.

That is why many couple are opting to keep their finances separate these days. This will give each person more freedom, or at least a feeling of more freedom. They will be free to go and spend what they want without worrying about having the money to pay for it because they will always know how much is in the bank account.

If you go this route with your partner you will need to work out an effective system for paying the bills and other shared expenses. This has been known to cause some upset now and then among couples. A good way to deal with this aspect of your finances is to create a joint third account. This account will be used only for bills and such. You and your partner should sit down and go over how much is paid out each month and then decide how much each of you should be depositing in this account each month. You can then set up most payments to be automatically withdrawn.

Credit is another subject that you need to work out with your spouse. Credit is something that you need to make wise decisions concerning. You need to remember that if you simply put your partner on your account they are not really responsible for any of the purchases that they make. If something were to happen and you were to break up your spouse can leave you holding the bag for a whole lot of money. Your credit can be destroyed.

A good option for married couples is to get a joint credit card to purchase big expensive items. At least this way if they decide to stick you with the bill they are going down to the depths of bad credit with you.

Keeping your own separate credit is probably the safest way to go if you want to make sure that your credit does not ever get hurt by divorce or by the other persons spending. If your spouse has had bad credit in the past you should definitely keep your accounts separate because their low score will affect your good one if you apply together for a credit card.

They key to successful couples finances is to talk and be honest with each other. If you have a weakness for something, and you cannot walk by a store that has it without making a purchase, let your partner know. Honesty is the best policy.