Many consumers have a mixed relationship with credit cards. On one hand, they can lead to cash back, travel rewards, and an ability to buy something now and pay later. But when used irresponsibly, credit cards can lead to massive debt and expensive interest payments. If you typically use cash or … [Read more...] about Credit cards: everything you always wanted to know but were afraid to ask
Summer Hull has taken her family to Hawaii, Walt Disney World, Paris, the Maldives and around the United States to visit relatives – all on airline and hotel rewards points. "We literally have gone around the world," she says. "Our baby's not even 1 year, and she's been on a dozen miles and … [Read more...] about How to pay for your next vacation with rewards points and miles
I once had a friend who bragged about never paying interest because she shuffled her credit card balances around whenever she had a 0% balance transfer offer. What she didn't realize was that by not paying off the debt, she was actually wasting time (and money) since a balance transfer fee was … [Read more...] about Credit card balance transfers: When are they a good deal?
As you make your holiday shopping list, there is one other list you should make, though you may have to check it twice: What kind of additional deals or perks can you get using your credit cards? Buying with some cards gives you purchase protection, a refund if the price drops, an extended return … [Read more...] about How to save on shopping using credit card perks
Planning a vacation? If you're anything like us, you're probably looking for ways to have a great time without spending a fortune. These tips will help you do just that. 1. If your destination requires air travel, book in advance and purchase round-trip tickets when possible. Flying in and … [Read more...] about 19 ways to save money on your vacation
I'll start out by saying that I don't use debit cards but I do understand why some people do. It's linked to your bank account so in theory you can't spend more money than you have in your account. However, after extensive research, I know now why I've always avoided debit cards. The biggest … [Read more...] about When to use credit cards and when to use debit cards
This post is by Odysseas Papadimitriou, CEO of Card Hub. After all the pushing, shoving, coffee drinking and waiting in interminable lines on Black Friday to score savings and cross some items off your holiday shopping list, were you convinced to take a store up on its offer for 0% … [Read more...] about How to keep 0% financing from costing you big bucks
Trying to pay down debt? One thing holding you back is likely the interest you pay on your credit cards. The high rate of interest means that a large portion of your payment goes straight into someone else's pocket, rather than going toward debt reduction. If you want to speed up the debt … [Read more...] about How to negotiate a lower credit card interest rate
I love credit-card rewards. They're fairly easy to earn and they can give your budget a nice boost. I personally use my rewards for fun things I want, such as vacations or a new big screen TV. However, you can easily get caught up in the rewards game and end up paying more money in interest and fees … [Read more...] about 4 traps to avoid with credit card rewards
Chances are you're confused with all of the different types of rewards credit cards out there today, especially if you're looking for your first card. No worries. These cards can be broken down into a few different categories. At least one of these types will fit your lifestyle perfectly. Let's … [Read more...] about Which type of rewards credit card is right for you?
Quick! Do you know where your money is? Too many of us get to the end of the month, look at our dwindling bank account balances and wonder where all the money went. If you were to go back and really look at where all that money is going, you might be surprised. Where does the money go? So, … [Read more...] about 6 ways you waste your money — and how to stop
For years, I've had a credit card affiliated with Delta Airlines and been happy with it. Each year, I earned thousands of frequent flier miles and a free companion certificate (basically a FREE ticket). Plus, I could check one bag per person in my party for free when flying and received discounts on … [Read more...] about How to choose a travel rewards credit card