A Triple Whammy for Credit Card Balance Transfers

Posted On: August 28, 2009

Consumers who are used to transferring credit card debt to new lenders may be in for a shock as new transfer fees are imposed by the banks.

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Airline Credit Cards Become Increasingly Restrictive

Posted On: July 29, 2009

If you’ve flown recently, you’ve probably run into some sales associates hawking airline reward credit cards. Air miles cards might seem like a good value, especially if you’d like to use some reward miles to cover the cost of an upcoming trip. However, I can think of at least four strong reasons why you should [...]

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Five Consumer Warnings Involving Reward Credit Cards

Posted On: June 12, 2009

By Curtis Arnold, CardRatings.com Founder
Nearly every card issuer that issues credit cards offers its customers a reward or rebate program. Rebate credit cards will reward you for making everyday purchases with your card. Rebate cards are very popular and when used in a wise manner, rewards cards can help improve your bottom line- who doesn’t [...]

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Credit Card Regulations May Have Unintended Negative Consequences

Posted On: May 27, 2009

By Joe Taylor Jr., CardRatings.com Reporter
President Obama Signs Credit Card Act Into LawAs President Obama signed a new Credit Card Bill into law, financial industry analysts debated whether tough, new regulations would return America’s consumers to a more responsible era or throw the sector into a tailspin. Major provisions of the new credit card law [...]

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Re-thinking Credit Card Choices (Part 2)

Posted On: February 19, 2009

By Michael Killian, CardRatings.com Reporter
Editor’s Note: This article is the second of a two-part interview with Linda Sherry, the Director of National Priorities at Consumer Action.

Mike: It has been suggested that those with good credit scores will find good credit card deals and those with poor scores will not find cards available at all. Are [...]

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Re-thinking Credit Card Choices (Part 1)

Posted On: February 17, 2009

By Michael Killian, CardRatings.com Reporter
Editor’s Note: This article is the first of a two-part interview with Linda Sherry, the Director of National Priorities at Consumer Action.

Exceptional times often require exceptional measures to deal with events. No one doubts or questions the seriousness of our economy. Consumers are cutting spending and shedding debt whenever and wherever [...]

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Credit Card Foreign Transaction Fees

Posted On: February 2, 2009

By Heshan Demel, CardRatings.com Reporter
Foreign exchange fees on credit cards should be of keen interest to those traveling beyond the borders of the United States. Exchange rates offered by credit cards may or may not be the best rates out there. Of equal and perhaps greater importance, however, is the foreign transaction fee that your [...]

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Giving Credit Where Credit’s Due: Three Cheers for Richard Cordray

Posted On: June 24, 2008

By Curtis Arnold, Founder of CardRatings.com

Richard Cordray, the Treasurer of Ohio, has been spear-heading a drive to get Ohioans to take a stand in favor of the proposed changes to the credit card regulations that are being considered in Washington. He hopes to gather between 5,000 and 10,000 comments by August 4th, when he’ll submit [...]

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Getting Dinged with a $250 Credit Card Credit Limit Increase Fee!

Posted On: May 29, 2007

By Curtis Arnold, Founder of CardRatings.com Not too long ago, one of my CardRatings.com colleagues came home to find an offer from Best Buy in her mailbox. It was for a MasterCard that came with some nice perks:

An introductory APR of 0% – good for a year

Four percent back on Best Buy purchases

A minimum of [...]

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Beware of Credit Card Foreign Transaction Fees!

Posted On: March 29, 2007

By Heshan Demel, CardRatings.com, Consumer Credit Researcher

Foreign exchange fees on credit cards should be of keen interest to those traveling beyond the borders of the United States. Exchange rates offered by credit cards are usually hard to beat. Of equal and perhaps greater importance, however, is the foreign transaction fee that your credit card bill [...]

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