CardRatings.com's Hall of Shame: Worst credit cards of 2012
This year's editor's choice awards illustrated so much of the positive change sweeping the personal finance business. With banks competing on price and service, consumers enjoy access to affordable, useful tools to manage their credit and make secure shopping decisions. Still, a handful of companies keep trying to cash in on your worst fears about [...]
Don't know which card to use? There's an app for that.
I have more than a half dozen credit cards in my wallet. A new app on my iPhone, Glyph, tells me which of these credit cards to reach for to get the most rewards when I'm buying groceries, getting gas, dining at restaurants or shopping at Macy's or CVS.
At least two of the credit cards [...]
Don’t let your credit become a Greek tragedy
The ancient Greek tales of misfortune would have us believe that angering the gods might be the cause of all our financial woes.
However, these hubristic scenarios aren’t the plots of Greek tragedies; they’re common problems with credit card debt that plague many Americans.
Discover how our heroes might overcome their financial fate and learn something from [...]
The Freshman $1000: How to help your college student with credit card debt
Instead of gaining the infamous freshman 15 of extra pounds, your student has fallen prey to the Freshman $1000 by quickly running up credit card charges soon after arriving on campus. But unlike other mistakes that your student is bound to make, getting into debt and missing payments can affect his future for years to [...]
5 ways to avoid credit card fraud this shopping season
We are down to the wire on the holiday shopping season. If you have been waiting until the last minute to buy gifts, well, we are just about there. However, in your rush to get the presents under the tree, don't make careless mistakes that could put your best credit card number into the wrong [...]
Identity Theft, How Cards Work
Do point tracker programs really work?
Whenever possible, we pay with credit and then pay off the balance each month to earn more rewards. I love seeing how many points and miles I've earned when I open my statement each month. But as much of a thrill as I get from getting the points, I have forgotten to cash out countless [...]
Using Square Wallet: Mobile wallets that stay in your back pocket
I'm often the annoying person in the checkout line who spends four minutes digging out her credit card to pay for a $1.79 soda. So when I heard that the Square Wallet app would allow me to use my smart phone to pay for purchases, I was eager to give it a try and hopefully [...]
Should you redeem your points to pay for gifts?
With money still tight in many families this year, you may be considering using rewards credit cards to save money while purchasing gifts for loved ones on your holiday list. But is this really a smart financial move? The answer, of course, is "It depends."
When should you use rewards points to buy holiday gifts?
If you [...]
Put away the plastic: 10 things credit cards can't buy
Apparently, money can't buy happiness, and if you are using a credit card, that's not the only thing your money won't be able to buy. Despite the belief credit cards can take you 'everywhere you want to be' - as the old Visa slogan went - the reality is there some places where your plastic [...]
How will the Visa and MasterCard merchant settlement affect you?
When you use your credit card to pay for groceries, your focus is likely to be how much you are paying for the items in your cart. But each time you swipe your credit card, the business you are patronizing has to pay a fee to the credit card company, called an interchange fee.
The fee [...]
Legislation, How Cards Work