How is the monthly minimum payment calculated for credit cards?
How is the monthly minimum payment calculated for credit
The answer to this question is often a mystery to consumers. The reason is
because the details of this calculation is hard to find in credit card offers,
if you can even find it at all.
According to the Federal Reserve Bank of Philadelphia, the minimum payment [...]
AT&T added a late fee to my credit card bill because they say they have no record of my payment, even though I gave them a confirmation number. Do I have any recourse?
Question: I paid my AT&T credit card online and got a confirmation number, but AT&T charged me a $39 fee because they say they have no record of the transaction, even though I gave them the confirmation. Do I have any recourse?
Answer: First of all you want to be positive of your facts. You should [...]
Does every credit card charge interest on purchases if the balance isn't paid in full?
Question: Does every credit card now charge interest on purchases if the balance isn't paid in full on the payment due date?
Answer: There are very few exceptions I can think of when interest would not be charged. A zero percent introductory purchase APR would be one. Another instance is that some cards are in fact [...]
I'm going to Europe: what credit card has the lowest exchange fees?
Question: I'm going to Europe: what credit card has the lowest exchange fees?
Answer: Most credit unions or Capital One no foreign transaction fee credit card offers should be considered potential candidates.
International fees are added by multiple sources for purchases made overseas. Your bank will probably add 1-3 percent as a "foreign currency-conversion fee." This means they [...]