How my mom lost $640 in credit card rewards
When I cash out my reward points, it's generally for a $50 Gap or Home Depot gift card. I don't have the patience to let it build up for years and years -- I want it now. Since I do almost all of my banking and bill paying online, I keep pretty close tabs on [...]
What type of credit card user are you?
You may not give much thought to how you use your credit card, but your issuer sure does. Credit companies know that you fit into one of three distinct credit card personality types. Here's a rundown of all three.
Type 1: the Revolver
Let's get this out of the way first -- if you're a Revolver, your [...]
Want to improve your credit score? Think like an insider
There's little doubt that Americans with higher credit scores get better deals on core consumer items like mortgages, auto loans and credit cards.
So why do so many U.S. consumers know so little about their credit scores?
According to the Consumer Federation of America, 40 percent of Americans didn't know that credit card companies use credit scores [...]
5 ways to earn that credit card sign-up bonus
If you've never had your own rewards credit card, chances are that you might be missing out. That's because, as Lauren Gensler recently pointed out in Forbes, some of the biggest banks around are trying to build their credit card customer base by reaching out to their own customers. To make the sale, writes Gensler, [...]
House of cards: 7 signs your household is too dependent on credit
In the popular Netflix series "House of Cards," Kevin Spacey plays a character who builds a career by carefully layering one deception on top of another, much like someone building a house of cards. For too many American households, the tools of deception are not playing cards but credit cards, and it is the worst [...]
You bought what? 8 crazy credit card purchases
Have you ever done anything crazy with a credit card?
Most Americans have, according to a new study conducted by Op4G on behalf of CardRatings.com. From weddings to weed, people charge the darnedest things.
This would be mildly amusing if it were not for the tremendous cost. According to the Federal Reserve, credit card balances have been [...]
5 ways to play cupid with credit cards this Valentine's Day
Want to treat your sweetheart this Valentine's Day? Although motivated by love, Valentine's Day can quickly become an expensive affair. Last year CNN estimated that the average American spent $130.97 per person for a total spending of $18.6 billion. But you can use your credit card to make the holiday less expensive for you and [...]
Want to get your hands on a zero-interest credit card?
So you want a credit card with zero-percent interest?
While they disappeared during the credit crunch, credit card issuers have brought them back lately. Despite their proliferation, they're tough to get, and high in demand, but obtaining the highly rare zero-interest credit card is doable if you know where to look.
"Zero-interest credit cards are definitely more [...]
0 APR Cards
How long do I save my credit card statements?
Now that the holidays are over and a new year has begun, many people are using the time spent indoors on chilly winter days to declutter and organize paperwork in preparation of tax season. Before you pull out the shredder, it is essential to understand what papers and statements you need to save and what [...]
How Cards Work , Financial Literacy
Can credit cards help you stay on budget?
In the third quarter of 2013, total household indebtedness in the U.S. rose to an astonishing $11.28 trillion dollars, up 1.1 percent from the previous quarter. And, according to government data and Federal Reserve statistics, $4 billion of that increase can be attributed solely to credit card debt. So, what does this tell us? It [...]