Credit card issuers have discovered that loyalty cards and experienced-based rewards can help their products stand out in a crowded marketplace. Maybe you want to show your fan loyalty every time you open your wallet. Or, maybe you're willing to switch teams if it means getting a better deal on your daily purchases. Either way, [...]
According to the 2011 Identity Fraud Survey Report released by Javelin Strategy & Research in February, the number of identity fraud victims in the U.S. dropped 28 percent in 2010, the first decline since 2007.
However, the nightly news is rife with reports of hackers gaining access to personal financial data, keeping consumers nervous that their [...]
The Credit CARD Act of 2009 was enacted to curtail abusive practices by credit card issuers and protect consumers from out-of-control fees and interest rates that seemed to fluctuate daily. But is the CARD Act the firewall consumer advocates wanted, or just a new way to be completely confused by the fine print?
Well…both. There are [...]
Freeloader. Mooch. Deadbeat.
You'd never want your bank to call you any of these names. However, after a series of financial reforms that has upended the banking industry, lenders can't wait to issue some of their most prestigious credit cards to deadbeats.
As Inigo Montoya might have said if he were a banker in "The Princess [...]
Baggage fees, security lines and lost luggage have many consumers seeing red. For some time now, airlines have been offsetting some of those inconveniences with more generous rewards on their credit cards.
That's been a boon for consumers, but with more choices comes more confusion. Once you've got your new credit card, you don't want to [...]
Everyone knows about the FICO score, but it's not the only thing credit card companies look at when deciding how much of a credit card deal to offer you.
You probably won't be surprised to learn that credit card companies consider your revenue, or how much money comes in, when deciding whether to offer you credit. [...]
If you're tempted to fib about your income on a credit card application so you can get the best rewards credit card available, well, think again.
That little white lie could put you in the slammer.
Credit card issuers care…about your income
Prodded by federal regulations and mauled by a tough economy, banks and other credit card issuers [...]
No. 5 Most-Viewed CardRatings.com Article of 2011*
When the Credit Card Accountability, Responsibility and Disclosure Act was ushered into law, it was heralded as a way to protect consumers from unfair and deceptive practices by credit card issuers.
But while the new law provided some consumer benefits, many finer points of the CARD [...]
You've been good. Your credit cards are current. Up until now you've had stellar credit and you've been able to charge purchases to your credit card without giving it a second thought.
Now, it's uh-oh time.
You didn't see your employer headed for financial trouble. You're hanging on, but you've taken a huge pay cut.
Or, you weren't [...]
The best credit card signup bonuses have become lenders' weapons of choice in the battle for consumers with high FICO scores. Having recapitalized after 2008's financial crisis, banks now face pressure to lend that cash to borrowers with good or excellent credit scores.
Banks especially like recruiting accounts: customers who pay down balances often, keeping lenders' [...]
There's a lot of worry going around about the FICO credit score. It can be like a sleeping giant you don't want to wake.
Carry too much debt, and you could wake the giant and see your score plummet. Never carry debt, and the giant won't like that either. Apply for too many credit cards at [...]
Debit card use has increased significantly during the recent economic downturn, particularly for smaller purchases, according to Pulse. But it's too soon to predict the demise of the credit card. For those who use credit responsibly, credit cards are still king.
The prudent use of credit cards can help you tremendously when it comes to buying [...]
Let's face it, it's tough to be an airline these days. The high cost of fuel. Declining stock value. Unpopular fees. Reduced access to smaller airports. And now, lost income due to Congress not reauthorizing funding for the FAA.
It's the passengers who feel the squeeze on their credit cards, but airlines aren't exactly flying high [...]
With nearly 20 million American students heading for college and another 55 million kids in K-12 schools, parents often have to scramble for the extra cash necessary to buy books, clothing, backpacks, shoes, and everything else today's students need to succeed in the classroom.
According to the U.S. Census Bureau, American shoppers spent $7.4 billion in [...]
Editor's Note: Thank you for your interest, this offer expired and is no longer available.
Chase has been attempting to lure infrequent flyers to its family of airline travel cards all year long with special bonus offers. Earlier in 2011, the credit card issuer offered 35,000 OnePass miles for new accounts in its Continental Airlines affinity [...]
After the credit crunch and a series of new consumer protection laws, credit card companies have been working diligently to get back into good graces with their customers. With promotions involving generous bonus airline miles, increased cash back percentages, and gift cards galore, it recalls the old song that goes "Working my way back to [...]
If you want to save big money on a big loan, do your homework, say the experts. Raising your credit score by as little as 40 points could qualify you for a lower interest on a home mortgage or an auto, student or personal loan.
Think of it this way--if you take out a $50,000 loan [...]
As any vacationer or business traveler knows, going on a trip to a distant land doesn't just mean packing away sunscreen, making sure you have enough batteries for the digital camera and daydreaming of sun-dripped days in Monaco or walking along the Seine in Paris.
There are also mundane matters to consider, like what's the best [...]
Life was once good for balance transfer card hacks. Very good indeed. Some of history's best credit card balance transfer deals ensured life was good.
Back in the day, credit card companies didn't merely charge zero interest for months and cap or outright waive transfer fees for new cardholders for an initial period. They also applied [...]
If one member of a community has bad credit, that's a personal problem. If enough people in that community have bad credit, it can quickly become a problem for everyone in the area…even if you hold one of the best credit cards and are using it responsibly.
This is why CardRatings.com has analyzed [...]
You could easily get the impression from the slow economic recovery that all of America is staggering under the weight of personal debt and credit problems. After all, our debt burden did soar in the months leading up to the start of the recession, the best credit cards are just now starting to get better, [...]
No. 3 Most-Viewed CardRatings.com Article of 2011*
You probably think the holders of the very best credit cards, such as the American Express Centurion (the "black card"), are all celebrities. But that may not be the typical Centurion member.
Perhaps a better example is Taysha Valez, the 29-year-old founder of myTAY PCS, a mobile phone and Internet [...]
Rumors and speculation abound when it comes to the very best credit cards such as the infamous, invitation-only American Express Centurion card, also called the "black card." How do you get invited? Who has one?
We contacted 29-year-old entrepreneur Don Sabatini, founder and chairman of SecretEntourage.com and a Centurion member, to get the truth about the [...]
Do you have the best credit card you can qualify for? Maybe you did when you applied for your current card, but by now you may have improved your credit score or increased your income, and you think you deserve some extra headroom when it comes to making purchases. Or perhaps you have plans for [...]
Even as economists debate whether the U.S. could experience a double-dip recession, unemployed and underemployed Americans agree on one thing: looking for work can get expensive. Fortunately, the best credit cards offer ways that you can actually save money during your job hunt, as long as you use them responsibly.
Best credit card for the all-important [...]