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Even though in this day and age getting by without one, two, or even several credit cards can be a hard thing to do, there are several offers that you should look out for that are completely bogus. If you have ever heard the expression, "If it sounds too good to be true, it usually is," then that phrase goes a long way when discovering which credit card offers you should apply to and which ones should be avoided. Even though most of the credit card offers that you receive through the mail are legitimate, there are several ads for credit card offers that you may receive or see somewhere that have no truth to them whatsoever.

The most popular credit card offer fraud is when you see an advertisement for a major credit card company, like MasterCard or even Visa, and the ad that it is attached to says that you can have up to $50,000 in a credit line if only you go through the required steps. Usually one of the first required steps that the offer makes you go through is to send a "one time fee" of $149.99 to process the credit card and get it out in the mail to you. After you send that initial fee, you are supposedly guaranteed to have up to so much money in a credit line by Visa or MasterCard.

There are a couple major points that the ad leaves out, however. Yes, they will give you so much of a credit line, but you'll have to choose and pick out the products that you want out of a tiny, specific product book, where the products aren't even worth the paper that they're printed on! So the person printing the fraudulent credit card offer not only gets away with your initial fee, but they also tell you that you will get an application for one of the major credit cards only after you order several of the products out of that book that you got sent in the mail. Furthermore, sometimes the package that you get looks authentic, but when you pull it apart, the whole offer seems fake.

One thing to remember about credit card offers-- the legitimate ones-- is that they will never ask you to pay such a large initial processing fee up front. If they charge any startup fees at all then usually that fee will be subtracted from your initial balance when you receive your credit card. But paying $100 or more for a processing fee should be your first warning sign when examining this offer. If you are still unsure about whether or not the offer is authentic, researching it online through the FTC or even message boards will tell you whether you should go ahead and proceed with the offer. Even though the offer seems enticing and it would be always nice to have a credit line of $50,000, sometimes some offers are just too good to be true!

sood123

Nothing is for free. Even if they offer you 5k limit they have means to extrack more than 10k for the same amount they have lent you.

laker110

I just want to tell you that, nothing is free in this world . If they are providing their special services to us and would be charging something in return!