Earning credit card rewards is a great way to offset the cost of purchases you already make. But it’s worth calculating just how much those rewards are worth if you have to pay an annual fee on the credit card, or are trying to streamline your rewards strategy to focus on one or two cards… Continue reading How to Calculate the Value of Your Credit Card Rewards
When my husband wanted to propose to me, we were just finishing up college. He went to a jewelry store at the mall and picked out the prettiest engagement ring he could reasonably pay for with a payment plan. He provided his Social Security Number for the credit check — but was disappointed to learn… Continue reading How to Get Your First Credit Card and Build Credit
Major credit card companies no longer require consumers to sign for credit card transactions, signaling a day when you can say goodbye to signatures forever. That will eliminate a decadeslong practice. Having consumers sign a credit card receipt was considered the best way to protect against fraudulent purchases for many years. You may even remember… Continue reading Credit Card Signatures Are Going Away — Should You Be Worried?
Giving your teenager a credit card may seem like a scary proposition, but it could be the safest way to teach them about credit. Credit expert John Ulzheimer says it’s just like teaching your teenager how to operate a car, but in a controlled environment. “Nobody would just let a teen hop in a car… Continue reading Does Your Teenager Really Need a Credit Card?
One of the great things about credit cards is that consumers typically don’t have to pay for the convenience of using them at the point of sale. You usually swipe your card, and the merchant bears the 2%-3% transaction fee that covers the cost of processing the payment. Merchants are actually permitted by law to… Continue reading When Should You Pay a Credit Card Convenience Fee?
When I got my first credit card, the only incentive I was offered was a two-liter bottle of soda. That was enough to get me to pause at the table set up on my college campus and fill out the paper application. Nowadays, bonuses for getting a new credit card can be much more substantial.… Continue reading Why It Pays to Wait Before Applying for a New Rewards Card
Summer is here, and it’s time to get out and enjoy the weather. If you’ll be vacationing in the next few months, you can bet that there’ll be millions of other people traveling as well. It can be a hectic time, but there’s one surprising thing you might already be holding in your wallet that… Continue reading 8 Credit Card Perks That’ll Make Your Summer Travels Easier
Getting a student credit card while you’re in college is a smart move. It can be a great tool to learn how to handle credit cards correctly without accidentally drowning yourself in tens of thousands of dollars’ worth of debt. Moreover, credit cards allow you to get ahead of the curve by building your credit… Continue reading What Happens to a Student Credit Card After You Graduate?
If you’ve been chasing credit card rewards for a few years now and feel like all the best credit card rewards opportunities are drying up, you’re not alone — and you’re definitely not crazy. Whether we like it or not, credit card issuers have been tightening up criteria for new card approvals over the last… Continue reading You’re Denied a Credit Card Due to Too Many Hard Inquiries. Now What?