Card Expert on November 13, 2009 0
Little Bonuses You Get When You Use Credit Cards
Best Cards:
It can be very easy to forget the benefits of credit cards among all the negative reports that credit cards receive. When people choose the right credit card(s) to use; and then use them responsibly however, credit cards can actually give you little bonuses that make them better than cash. Responsible credit card use means you don’t charge more than you can afford, you pay your balances off in full each month instead of carrying a balance from one month to the next, and the card offers advantages over cash such as cash back, rewards, or other card features that you probably forgot you even h...
How to Get More from Your Gas Rebate Credit Card
Card Insider:
Rebate credit cards are increasingly becoming popular these days. As its name suggests, a rebate credit card is a type of reward card that promises to give you a refund from your purchases. The percentage of rebate can range anywhere from 1%, 5% or more depending on your issuer.
Some credit cards offer rebates on special types of purchases. For instance, you can get a rebate each time you use your card for grocery shopping or dining out. Other reward cards may offer rebates from general types of purchases which means it does not matter where the purchase was made as long as it is charged to...
Card Expert on November 13, 2009 0
How To Learn About Airlines Credit Card Offers
Frequent Flyer Cards:
Airline credit cards are referred to as mileage cards or airline miles credit cards. As its name suggests, the cardholder earns points on the frequent flyer miles credit every time they use it. They have recently been introduced in the market by enterprising credit card companies that tie up with big shot airline companies. Every dollar charged to the airline credit card is equivalent to a mile. As the purchases accumulate, the more miles the cardholder is able to use for free air voyage or the ability to upgrade from economy to business class. Airline credit cards offer terrific value for fr...
Card Expert on November 12, 2009 0
Is your credit card issuer unfair?
Card Insider:
Federal regulators use these guidelines to determine whether card companies are following the law or employing deceptive or unfair practices.
Ever wonder whether a credit card issuer's offer to you or treatment of your account is, in a legal sense, unfair or deceptive?
If it is, your lender could get a civil penalty ranging from $11,000 to more than $1 million per violation, per day. Whether you get reimbursed and by how much depends upon the regulator involved and state and federal rules.
The Federal Deposit Insurance Corp. has detailed how to detect unfair or deceptive cred...
Card Expert on November 12, 2009 0
6 smart credit card moves now
Card Insider:
The first phase of the Credit Card Accountability Responsibility and Disclosure Act went into effect Aug. 20. Prior to that, opponents warned for months about the consequences of the law for U.S. cardholders. The restrictions on interest rate hikes and other rules would result in higher rates for all, lower limits and more fees, among other negative changes.
And now?
"What has been forecast is coming true," says Robert Hammer, chairman and CEO of credit card advisory firm R.K. Hammer Investment Bankers in Thousand Oaks, Calif. "Those of us that have never been delinquent ......
Card Expert on November 12, 2009 0
2009 Gift Card Study
Best Cards:
Experts believe 2009 gift card purchases will bounce back from last holiday season, when spending on the cards decreased to $24.9 billion from $26.3 billion in 2007, according to the National Retail Federation.
However, there's some disagreement about how much spending on gift cards will rise.
"Consumers are buying gift cards that have less value -- the average value of the cards is down by $6, to $46 from $52," says Dave Sievers, principal and Consumer Products and Retail Practice lead at Archstone Consulting in Stamford, Conn. "Generally, they're buying cards that can be redeeme...
Card Expert on November 12, 2009 0
Take Advantage of the New Credit Card Rewards
Rewards Cards:
Companies launch incentive programs to encourage customers to pay off debt.
Credit card rewards programs have traditionally featured airline miles, gift certificates, and cash back for customers who spend enough on their cards to rack up points. But recently, credit card companies have started offering a different kind of gift: They're handing out lower interest rates, refunding interest payments, and using other strategies to provide incentives for cardholders to pay down their debt and make on-time payments. The deals, however, don't always work in consum...
Card Expert on November 6, 2009 0
Credit Card Fees: 5 Things You Should Know
Card Insider:
The debate over interchange fees is heating up as merchants protest against them.
Each time you swipe your credit card to pay for coffee or groceries, the merchant pays about 2 percent in fees to the banks and card networks behind the plastic. And merchants aren't too happy about it. They recently accused credit card networks and issuers of unfairly overcharging them. But card companies argue that paying 2 cents on every dollar is a relatively small price to pay for the benefits that come from offering their customers the ability to pay without cash. The debate over these s...
Card Expert on November 6, 2009 0
Zero Percent Interest Credit Card
Best Cards:
Everyone wants to avoid incurring uncalled for credit card debt, but it’s almost impossible with high credit card interests. Credit card with a zero interest rate seems to be very appealing in case you make many purchases with your plastic. But don’t jump on the first offer that comes your way; learn more about zero percent interest credit cards, because they have not only advantages, but disadvantages too.
If you are applying for zero percent interest credit card your credit history has to be very good, no bad credit records. But don’t worry about it; nobody owes a zero percent inter...
Card Expert on October 3, 2009 0
Manage Credit Card Debt on Your Own
Card Insider:
You may have heard that to manage credit debt in some unfortunate midst, you should consult a professional consultant. But really you can do it on your own, without hiring such a consultant at all.
First of all you should acquire your credit report and examine it attentively. Some areas need improvement, try to find them. This exercise will help you to familiarize all of the details included in your credit report.
The second step. Look for any incorrect information. For example these could be some payments that you made and were not reflected in your report. Make sure that you have highl...
Card Expert on October 1, 2009 0
Getting Low Interest Rate Credit Card From Current Provider
Best Cards:
You know that to get the best credit card, the individual needs to search intensively online or offline. The advantage is that you should not settle for one prospect provider or accept what seems to be an attractive offer. Searching now for some time prevents you from regrets after seeing that there are more favorable offers.
Low interest rate is an important consideration in choosing credit card. Low interest rate could be a seasonal offer or an introductory offer. Having accepted offer taking into account other benefits of the card you should stick to it. Card hopping from one provider to...
Card Expert on October 1, 2009 0
Credit Card That Fits Your Life Style
Money Saver:
The modern credit card is very useful thing. Using only one card you can make every purchase in various stores and business establishment. The credit card company serves as a ‘middleman’ between the client and store. This ingenious scheme hit big banks as American express and Visa to issue their own cards. Nowadays most transactions are doing online, so credit cards are absolutely necessary.
Every individual can find for himself such credit card scheme that will suit for his own lifestyle. For individuals who spend for entertainment and frequent travelers American Express and Diner’s ...
Card Expert on September 30, 2009 0
Why to Get Credit Card Bad Credit
Cards for Bad Credit:
For individuals with a bad credit history it could be difficult to get a credit card. Most issuers make sure to get the credit history of the applicant and, with the help of the Credit Bureaus, measure their risk through the person’s credit score. But some companies offer credit card bad credit, which is designed for high-risk consumers. Such kind of credit card includes some features: secured credit, minimal credit limit, and required deposits.
You may wonder why people with bad credit want to get credit card again, as they already have a negative experience with credits or loans. This...
Card Expert on September 29, 2009 0
College Student Credit Card Debt
Best Cards:
This article will be interesting for college students who owe credit card. You can be smart, responsible and educated person, but debt can get out of your control in one second. Our tips will help you to play it safe and avoid many problems.
1. Watch your balance
If you want to keep an eye on your college student credit card debt, don’t forget to look at your balance each month and compare statements. When your balances keep going up, your debt is going up. Clearing up why this happens you can change spending adjustments accordingly.
2. Charge Only What You Can Afford
Watching th...
Card Expert on September 29, 2009 0
Airline Credit Cards
Best Cards:
For inexperienced users credit card seems to be just a piece of plastic with owner’s name and some information like account number attached to it. For people who haven’t tried one for himself might think it is just a simple identification card.
Why so many people are craving to own a credit card? Because of opportunity to make purchases without using cold cash. You know, that with your credit card you will be able to make several purchases on different establishments. Nowadays almost every establishment accepts payments through credit cards.
Many cashless societies will open doors for th...
Card Expert on September 24, 2009 0
Clear up your Credit History
Money Saver:
The credit card is the greatest invention introduced to men. You can buy something and made any payments in seconds. It’s very convenient, because eliminates the hustle of reaching into your pocket to get your wallet. Credit cards give a great opportunity to owners to buy anything they want without looking aside.
But at the same time credit card owners should be attentive and don’t get carried away by the thought of having what they want at the palm of their hands. Postpaid credit cards, especially with high credit limits are often overused. If you can pay your bills in due ti...
Card Expert on September 21, 2009 0
Credit Card Security
Money Saver:
Shopping online with a credit card, shopping in a real store with your credit card or ordering something over the phone with your credit card… How do you think, what is the biggest treat to your credit card security?
May be it’s a surprise for you, but shopping in a real store with a credit card is the biggest threat to your credit card security. Shopping online is a relatively safe process, despite all the controversy and publicity surrounding identity theft and internet phishing. Credit card fraudsters hack into an online store's server to get your credit card numbers and ID ...
Card Expert on September 18, 2009 0
Сredit Сard Mistakes
Money Saver:
If you are in a financial crunch or just want to buy a second Ferrari credit card will help you.
The advice from our experts will help you to avoid some credit card mistakes
1 Getting too many cards
First of all ask yourself if you need one more credit card. People don’t know when to stop getting new credit cards, and it’s not a good thing.
"Ask yourself," says Williams, “ ‘Do I need another credit card?' Probably 95 percent of us don't need another one to keep in the sock drawer or in the little metal box in the kitchen."
Howard S. ...
Card Expert on August 7, 2009 0
