Home > > American Express IN New York City

American Express IN New York City

0% Introductory APR for 6 months on purchases and balance transfers
No annual fee
Option to carry a balance
Earn double INSIDE(SM) Rewards points on city essentials like dining, cell phone service, gym memberships, and more
Plus INSIDE(SM) Double points on City Essentials
Points have no expiration date, there's no limit to the number of points you can earn, and you can redeem points for rewards in Chicago, New York and Los Angeles.

Get the Card that lets you eat, drink, and play at New York City’s most fashionable spots. The IN:NYC Card comes with INSIDESM Rewards -- the program that lets you earn dining and entertainment experiences, in addition to the benefits and services you’ve come to expect from American Express.

Highlights of the IN:NYC Card

• 0% Intro Rate for 6 Months on Purchases and Balance Transfers
  
• No Annual Fee
  
• Option to carry a balance
  
• Earn INSIDE Rewards that allow you to earn points to eat, drink, and play at New York hotspots
  
• One INSIDE Rewards Point for every dollar spent
  
• Two INSIDE Rewards Points for every dollar spent on things you already do today in 8 different categories
  
  

DID YOU KNOW?

	You probably have heard this saying before – “It is lonely at the top.” If you find yourself in this position, then you are probably at the top of your own niche. Our society is made of hierarchies. Most countries are headed by Presidents, and Prime Ministers. It is them who make decisions that would affect the nation’s fate and success. Corporations follow the lead of their Chairmans and Chief Executive Officers. Below these leaders you would have the Vice Presidents, Deputies Vice Presidents, Senior Managers, etc. A hierarchy essentially looks like a pyramid. Whoever sits at the top of the pyramid normally makes the most money as well as has the most influence in that “society.” This pyramid can also be applied to nature where they call this a food chain. Predators are normally at the top of the food chain while small defenseless herbivores are at the bottom of the food chain. The higher you are in the pyramid the fewer predators, (that may have you for lunch) are out there. The same can be said in the Investing World. How do you, as a retail investor, rank in this food chain? Let’s try to understand how the Investing Hierarchy looks like. Stock prices are normally moved by information (good or bad). Whoever can access and react fastest to these information would be placed right at the top of the Investing Food Chain. Capitalist and Entrepreneurs who manage to get their companies public listed would be the first to know of critical information that would affect their stock prices. One level below these individuals is high worth individuals who would provide initial capital to ambitious Entrepreneurs. Venture Capitalists, who provide significant funding to take the corporation to higher levels, are next on the hierarchy. One step below the venture capitalists is the Investment Bankers who provide financing, underwriting, and distribution to take a corporation public. These individuals are the top predators in the world on investing. They would have access to information that is not yet made known to the investing public. Do retail investors rank below these groups of people? Definitely NOT! Above the retail investors, we would have Financial Professionals (Mutual Funds, Hedge Funds, etc) who would analyze stocks for their clients. Brokers and Floor Traders are also ranked higher than retail investors in the Investing Food Chain. And finally, the retail investors are right at the bottom of the food chain. No wonder more than 90% of retail investors end up losing money. Ask yourself, how many times have you bought stocks due to good news in the news or newspaper only to see it go down as soon as you enter into position? Most of us have been there before. By the time, this information reaches the public; it is normally too late to buy. The big guns are already in position weeks ahead and would be ready to take profit when stock prices starts to move up dramatically. Fortunately, through stock charting, retail investors have a chance to interpret and to understand what the big guns are doing in the stock. Heaving buying and selling by the elite group leaves footprint and trails on the stock market. It is up to us, as retail investors, to understand what the stock charts are trying to tell us. Understanding charts can move us up in the Investing Hierarchy. However, a word of caution, technical analysis is an art and can be very subjective. It should only be used as a roadmap or guideline to enter and exit a position. Copyright 2006 CashFlow Avenue

Unsecured loans are offered without any collateral. This implies that a borrower will not have to part with rights on home or any asset for availing the loan proceeds. There are two categories of people who use unsecured loans. Firstly, there are tenants and non-homeowners who use unsecured loans out of necessity. The second group is of homeowners who have lately joined the users of unsecured loans.

Homeowners traditionally were the customers of secured loans. Through secured loans, these borrowers were able to get hold of excellent deals, complete with a low rate of interest and easy repayment options. However, the apprehension regarding repossession of home was not to be shrouded under the attractive features. Though this has been accepted as no more than a myth, many of the regular customers of secured loans were dispersed as a result of this. These customers opted for unsecured loans.

Unsecured loan providers do not get a direct stake on any asset. Even if borrower fails to pay the loan amount in full, loan provider cannot undertake direct action to recover unpaid amount. Compare this to secured loans, and you find the lender misses no time to liquidate asset in his possession. One only gets a little extra time when using unsecured loans. Beyond that even unsecured loan providers are going to initiate legal proceedings to recover the amount. Therefore, unsecured loans must be taken as seriously as one would a secured loan.

Unsecured loans are advanced in the range of £1,000 to £25,000. The sum is relatively low in contrast with sum lent in secured loans. Therefore, unsecured loans are best used when the expenses involve lesser amount. Minor home improvements, footing holiday bills or debt consolidation form the most common uses of the unsecured loan proceeds. Unsecured loans are very adaptable to all kinds of personal purposes.

For raising unsecured loan, borrower must preferably have a good credit history. This loan is lent against personal credibility of borrower in the absence of collateral. A borrower with bad credit can face difficulty in qualifying through high street lenders. For brokers however, this is an easy task. A broker is a mediator between banks and borrowers. When broker approaches banks with the application of borrower, they get a better response. Banks know that brokers may have undertaken tests of credibility; therefore, they lend to the applicant.

When borrowing through unsecured loans, borrowers particularly feel the pinch on the clause of APR. APR or the rate of interest is generally higher in unsecured loans. The higher risk involved is to be blamed for the increased APR. Increased APR is inevitable and therefore reasonable. However, the premium over the reasonable APR that borrower have to shell is evitable. Borrowers can do two things in order to avoid paying unreasonable rates. Firstly, they must be up-to-date on the prevailing rates, lowest rates, rates according to credit circumstances and the different interest options in the UK. Secondly, borrower must accept the fact that it is not difficult to get good deals. Proper research is what is required to achieve these. Research nowadays is easier, thanks to the massive resources on the web. A person can view several loan providers’ products and gain important information about them; all for free and in a small span of time.

Nowadays, borrowers’ application is received through the online mode. Loan providers have thus made the process of raising cash convenient for borrowers. It has also been convenient for loan providers, as they do not have to directly deal with the customer traffic.

Unsecured loans have to be repaid between 5 to 25 years. Borrowers generally enjoy discretion on the method of repayment. The monthly or quarterly repayment method scores over other methods in the sense that the loan is successfully repaid and borrower is not over-burdened.