Compare credit cards, maximize rewards, and learn how to avoid interest and fees. Whether you’re looking for cashback cards, travel perks, or building credit, get the insights to choose the best card and use it wisely.
Credit card delinquencies were down in 2012, the lowest in several years, but experts predict that trend won’t last throughout 2013. Credit card users are at risk of losing money on late fees and penalty interest in addition to credit score losses from late payment reporting to the credit bureaus. Credit card, auto loans, and … Read more
Think you know about credit cards? Think again. Credit cards woo you and make you feel special, but certain things about credit cards you can’t take for granted. For example, you can’t assume that… You’ll get approved just because you got a pre-approved offer. The credit card offers you receive in the mail are more … Read more
When you’re starting out with brand new credit or you’re rebuilding after a bout with bad credit, odds are your current credit cards aren’t the best. People with new credit and bad credit typically have the least attractive credit card offerings, low credit limits, annual fees, and high APRs. You have to start somewhere, right? … Read more
One of the main reasons for taking a balance transfer is to make it easier to pay off a high interest rate credit card balance. By transferring your high interest rate balance to a credit card with a 0% balance transfer rate, you eliminate finance charges for at least a few months and more of … Read more
The Federal Trade Commission says it receives more than 200,000 complaints about telemarketing robocalls each month. Many of the complaints are from “Rachel from Cardholder Services” as part of a credit card rate reduction scam. Thankfully, millions of these calls will cease as the FTC recently gained a court order to stop five companies from … Read more
Credit cards come with several different APRs: one for purchases, sometimes another for balance transfers, and a higher APR for cash advances. The highest APR of all is the default or penalty rate. The default rate is only charged in certain circumstances and thankfully, there are ways to avoid the expensive APR. Regular APR vs. … Read more
These days, you can hardly shop without being asked to sign up for a store’s credit card. Saving 10% may be enticing, particularly on larger purchases, but declining the offer may be a better idea. Here’s why. Just a One-Time Discount You only save 10% the one day you apply for the credit card and … Read more
Gift cards are a great option when you don’t know exactly what to buy a person or when you don’t have enough time to shop thoroughly. You basically have two options: a store-branded gift card that can only be used for that specific store or chain of stores or a bank/credit card gift card that … Read more
If you recently used your credit card at a Barnes & Noble, you may have been a victim of a data breach. In September (2012), 63 stores were impacted by the data breach. The stores were located in California, Connecticut, Florida, Illinois, Massachusetts, New Jersey, New York, Pennsylvania, and Rhode Island. In this particular breach, … Read more
A good credit score can help you qualify for the best credit card deals – ones with low interest rate, lucrative rewards, and signup bonuses. More credit card issuers are offering generous signup bonuses for new customers. For example, a points rewards credit card may offer a certain amount of points, 10,000 or more, if … Read more
