Have you used your credit card at a restaurant or gas station lately? That's all it could take to make you a victim of a credit card scam.
The scam in question is what's known as "cloning," which entails stealing your credit card's information and then copying the stolen data onto another card to make purchases [...]
Unless you're prone to overspending, in which case you should limit the amount of plastic you pack in your wallet, there are advantages to having more than one credit card at your disposal. To take advantage of the many features and benefits of credit cards, it can be worthwhile to carry four distinct types of [...]
You are planning to make a balance transfer for a better credit card deal. But you have unused rewards points on that credit card. You don't have enough rewards points to redeem them for something you want, but you'd hate to see them go to waste. Here's a charitable idea: Donate your unused credit card [...]
Valerie Howard of Nashville started planning her financial life at age 14. Now, at age 22, she has two credit cards, a car, a house, a healthy 401(k), and a good credit score.
A good credit score is something you may not think about -- until you need it to get the best credit card, buy [...]
You probably know your credit score is driven by the information that appears on your credit report. But what you may not realize is certain line items included by the major credit bureaus aren't going to have any impact on your actual credit score.
"What goes into the credit score is information that is, first, reliable [...]
Choose a credit card issuer that you think you'll want to do business with for years. Most lenders offer versions of their most popular credit cards with relaxed underwriting guidelines (and smaller credit limits) just for students and recent graduates. Your student credit card won't expire once you hang your diploma, either.
By keeping your card [...]
Barclaycard Ring is out to disrupt the way Americans use credit cards.
Barclays Bank Delaware started accepting applications from the general public in April, capping months of research and testing on a new "crowdsourced" credit card that allows online cardmembers an opportunity to "shape and share in the product's financial success."
Paul Wilmore, managing director for Consumer [...]
You were saving those airline credit card miles for your dream vacation. Finally, you accumulated enough and go online to reserve your flight only to get bad news. Your miles have expired. They are no longer good.
It's a mistake that even John Ulzheimer, president of consumer education for SmartCredit.com, has made, to his utter dismay.
Do you wish you and your family had leaner bodies and fatter wallets?
You might think accomplishing either one of those would involve a lot of grueling work, but that's not always the case. The good news is that making some simple changes in your life can improve both your physical and financial health. Here are [...]
Since April is National Stress Awareness Month - and Financial Literacy Month too - now is the perfect time to identify the personal finance issues that could cause stress for you and your loved ones.
Money problems of all kinds are a major source of anxiety and stress for many Americans. Anxiety and stress can lead [...]
More than 1 in 8 American consumers now carry reloadable prepaid debit cards, according to a new report from Javelin Strategy & Research. Stronger rewards, cheaper fees, and changing attitudes about traditional banks all contributed to the growth of prepaid debit, even during a period that saw many banks shrink the number of their traditional [...]
There's sometimes a penalty that comes with being innovative: often those who copy your idea leapfrog you. It happened with color television. Americans were enjoying this for many years while Europeans and others continued to peer at murky, mushy monochrome screens.
Then, in the late 1960s, some countries adopted the PAL color television coding system, which [...]
When Wisconsin Senator Gaylord Nelson envisioned the first Earth Day in 1970, environmental activists achieved more than they could have imagined. The years that followed saw the launch of the Environmental Protection Agency, the Clean Air Act and the Clean Water Act. Since then, companies have worked harder to balance business demands and environmental protection [...]
Fifty years ago, the Beatles signed their record deal with EMI, found a new drummer, and started recording their classic songs. In September 1962, with no clue about the fortunes they'd amass as one of the world's biggest rock and roll acts, the Fab Four had to borrow money from manager Brian Epstein for airfare [...]
Different versions of the tale offer various inspirations for Frank McNamara's brainstorm at the start of the 1950s. A personal loan business going stale, an embarrassing night out, and a nervous conversation with his wife all factor into the creation of Diners Club, the first general purpose credit card designed to work with multiple merchants.
Likely you've done it -- lost your credit card bill under a pile of papers and by the time the bill surfaces, it's past due. Guess what: You've just committed one of the seven deadly sins of credit card use - and the costs will add up.
Yes, the best credit cards are a convenient way [...]
More than 1.4 million Americans claimed bankruptcy during the preceding year as of September 2011 (the latest statistics available), punctuating the frustration many Americans felt at the height of the economic crisis. Filing for bankruptcy protection under either Chapter 7 or Chapter 13 requires overcoming extreme emotions. We fear the social stigma of being classified [...]
Record numbers of banking executives packed a well-known resort outside Orlando in the latter half of March to swap industry gossip and to show off the latest innovations in debit and credit card products.
Under shareholder pressure to lend more money to consumers, big banks used the gathering to scout potential takeover targets. Marketing chiefs attended [...]
If you're paying 2011 income tax to the IRS this year, you have several ways to pony up, including cash, personal check and your favorite credit card. A recent MSN poll of 954 readers found that only 8 percent of them plan to pay with a credit card. While there are positives to paying taxes [...]
If your child is in college or will soon be turning 18 years old, you may have toyed with the idea of letting him or her get a credit card.
But should you co-sign for that card?
Financial experts offer a range of opinions on the topic.
"It's important for young people to have something to help them [...]
If you can see yourself hanging out with the well-heeled couple in those Chase Sapphire commercials, you probably made it through the recession relatively unscathed. Not everyone's feeling so fortunate, though.
According to a joint poll run by MSN Money and CardRatings.com, nearly three in four Americans report having frozen or cut back their use of [...]
Using an airline credit card can be fun, if you don't mind the bills. Every purchase can allow you to daydream about how to use the airline miles you're earning. A trip to Hawaii in the winter or flying the family to Disneyland sounds like fun…until you try to redeem those miles.
"It's harder than ever [...]
Change doesn't come quickly to the credit card business. It took almost two decades for engineers to agree on the standard for the magnetic stripe. Another 25 years passed before European banks issued cards with embedded microchips, a technology that never took off in the United States.
Even today's contactless credit [...]
An estimated 58.5 million Americans traveled overseas in 2011, according to the International Trade Administration. That's a 3 percent increase from the year before, signaling that our wanderlust and our love of travel bargains has inspired us to start globetrotting again. To help you get ready for your next adventure outside the United States, we [...]
You might think your credit and financial habits are nobody's business but your own. But whether you like it or not, your kids - especially teenagers and college students - watch your financial behaviors and learn a lot from you.
For better or worse, our offspring often mimic our financial traits and money-management patterns in ways [...]