How to Calculate the Value of Your Credit Card Rewards

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

The Best Secured Credit Cards

Secured credit cards have a bad reputation, and most of these products deserve it. Too often, the companies that offer secured cards do so to prey on those with poor or little credit history by charging exorbitant interest rates and outrageous fees. But using the right product from a reputable institution, holders of secured cards… Continue reading The Best Secured Credit Cards

Unlimited Cash Rewards with the HSBC Cash Rewards Mastercard® credit card

If your spending falls into many different purchase categories, cards with rotating rewards categories can be a hassle and particularly difficult to manage. A flat-rate rewards card like the HSBC Cash Rewards Mastercard® credit card can often provide more rewards and convenience. Why We Like This Card Bonus offer of $150 cash rewards after meeting… Continue reading Unlimited Cash Rewards with the HSBC Cash Rewards Mastercard® credit card

How to Get Your First Credit Card and Build Credit

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

Credit Card Signatures Are Going Away — Should You Be Worried?

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?

Does Your Teenager Really Need a Credit Card?

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?

When Should You Pay a Credit Card Convenience Fee?

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?

7 Times You Definitely Will Be Charged Credit Card Interest

Credit card interest is the worst. For one thing, most cards have APRs of nearly 17% on average, according to CreditCards.com. That’s compared to less than 4% for a mortgage or 11% on a personal loan. When you use credit cards, you should aim to avoid paying interest whenever possible. Every time you open a… Continue reading 7 Times You Definitely Will Be Charged Credit Card Interest

Why It Pays to Wait Before Applying for a New Rewards Card

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

8 Credit Card Perks That’ll Make Your Summer Travels Easier

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