You've watched as your child took his or her first steps, endured the first haircut and learned to ride a bike. Now your little one has grown into a teenager and you've decided he or she is ready to take on the personal financial responsibility of that first credit card. What's the best credit card [...]
Credit card issuers have been battling for the unofficial King of Rewards title for years. That isn't new. But with the wheels of the U.S. economy moving forward, the best credit cards are getting better, and the rewards are getting richer, compared with what we were seeing during the so-called Great Recession. The unemployment news [...]
No. 2 Most-Viewed CardRatings.com Article of 2011*
Thrilled that your home state made the 10 best states for credit? Dumbfounded that yours was one of the 10 worst states for credit? Or just curious where your state ranked among the 30 states in between?
Hold on to your hats, because CardRatings.com has analyzed data from the first [...]
What determines the best credit cards available? Is it the interest rate? An impressive array of merchandise and travel rewards? The lure of cash back?
A large part of what determines the best credit card is you: your needs, your habits, and your credit history. These all can determine which type of card you should have, [...]
EDITOR'S NOTE: THIS OFFER IS NO LONGER AVAILABLE. Click here for the latest offers from American Express. User-generated content is all the rage on Internet sites, and many credit card issuers are following that trend to let younger cardholders generate their own rewards programs.
Trendwatching.com predicted in 2004 that a new generation of consumers would co-create [...]
Credit card companies have been playing "the heavy" for the last few years, and it's easy to understand why.
As many consumers emerge from years of big debt accumulated on plastic, they point the finger back at financial-services providers, just like pod person Donald Sutherland fingering Veronica Cartwright at the end of the 1978 "Invasion of [...]
Credit seems like one of those things that should develop slowly--the fine wine of your finances. Those small actions you take every day would collect over time so that, in a few years, your high credit score would help you sail through that new car purchase, apartment lease or mortgage application.
That may be true for [...]
Credit card issuers make fast decisions, bolstered by credit scores that boil down the last decade of your financial history into a three-digit score. A difference of a few points can upgrade your credit card rewards program or eliminate a balance transfer fee. However, few of us take the time to understand where our credit [...]
Ah, retirement. Time to trade the jacket and tie or laptop-sized shoulder bag for new life goals, with a healthy dose of relaxation and maybe a little travel. You're looking at a lot of changes in your future--new schedule, new hobbies, and changes in how you save and spend. It's a good time to compare [...]
Safety in numbers, we're always taught. It's smarter to go out late at night with someone accompanying you than to make your way alone, and those who hike in the rugged wilderness without a companion could wind up like that guy in "127 Hours." Some personal finance and travel experts offer a similar take on [...]
Do you know your credit score? According to industry experts, an estimated 45 to 60 percent of Americans don't have any insight into this important number. Even worse, U.S. consumers scored only 60 percent on credit score knowledge in a January 2011 poll conducted by the Consumer Federation of America. That means a staggering number [...]
No. 4 Most-Viewed CardRatings.com Article of 2011
Whether you loved the idea of the Credit CARD Act of 2009 (full disclosure: I'm a fan), or you thought it was yet another overreaching law, with the two-year anniversary just behind us (it was May 22), it's become apparent to industry and personal finance experts that there have [...]
Every year around this time, thousands of college graduates receive their diplomas, maybe a slice of graduation cake, and an abundance of advice about making it in the real world. Credit cards are a powerful financial tool that can open doors when used wisely. If you're considering applying for your first credit card, these five [...]
In the wake of the 2008 recession and the shrinking of the credit market, as many as two out of three small business owners still worry about cash flow, according to a 2011 study commissioned by American Express. But there is good news. After some much-needed regrouping, major credit card issuers have started courting entrepreneurs [...]
It's happened to all of us: You drive by your neighborhood gas station, take a cursory glance at the prices, swerving slightly as you do a double take. Then you spend the next 10 miles cursing the high prices that will deprive you of your summer road trip.
Not so fast, though. High gas prices are [...]
Carol, a costume designer in Portland, Ore., was addicted to shopping – and buying. While living in Southern California, she racked up more than $20,000 in credit card debt before she realized she was spending so much simply because it made her feel good.
"I had a compulsion," says Carol, whose last name [...]
Two Bahamian islands, 13-plus mansions, an English castle, a German estate, more than 50 cars including a $500,000 Lamborghini Miura, a Gulfstream jet, four boats, a $276,000 dinosaur skull--these are only some of actor Nicolas Cage's extravagances. Despite earning big money--$40 million between June of 2008 and 2009, for example--Cage's [...]
$222,360. That's what the U.S. Department of Agriculture estimates it costs to raise a typical American child from birth to age 18. Now imagine getting, say, 2 percent of that amount back in the form of credit card rebates. That's about $4,500 that you could save or earn by switching your everyday spending to one [...]
You've shaken the rice out of your shoes and you know that one set of tough decisions is behind you: where to marry, where to honeymoon, who's really the best man. Now wedding decisions give way to newlywed choices--less fun but no less important. One easy choice could save you money and better secure your [...]
In a 5-4 decision that affects anyone who carries a credit card or signs a cell phone contract, the U.S. Supreme Court ruled April 27 that companies can require customers to waive their right to participate in a class-action lawsuit, the Los Angeles Times reported.
The ruling in AT&T Mobility LLC v. Concepcion overturned an earlier [...]
Getting a credit card the day you arrive on campus used to be the start of college life. Recent changes to banking regulations, however, have made it more challenging for college students to get credit cards before they turn 21.
Consequently, many college students now start shopping for credit cards as they're preparing to pick up [...]
Once upon a time, letter carriers delivered, well, letters. You could expect cards from Grandma with $5 bills or handwritten notes from friends just saying hi. Much of that communication takes place over email now (except Grandma's dollars, if you're lucky).
Today, your mailbox has become the destination of bills, solicitations and, on a bad day, [...]
Editor's Note: This limited-time offer has expired. British Airways and Chase Card Services just raised their bets in the bidding war over high-spending international travelers.
Sign up for the British Airways Visa Signature Card during April 2011, and you'll earn one of the biggest frequent flier bonuses in banking history: 100,000 frequent flier miles. You'll get [...]
"Guitar Hero III: Legends of the Rock" recently became the highest-grossing game in U.S. history. And to think Charles Huang, the former partner of Harmonix and designer of the little plastic guitars, maxed out his credit cards to finance the company in 2007.
Same with Sergey Brin and Larry Page, who used plastic [...]
With all of the new laws and revised regulations affecting credit cards, you need a guide to help you understand what's changed. And what better resource than the federal government that oversees the new rules.
You can get answers to questions, tips on paying down debt, and an explanation of your legal rights on the websites [...]