When to Ignore Credit Card Advice
Conventional wisdom about credit cards is often black and white, from whether you should use cards at all to which types deserve a slot in your wallet.
But personal finance is just that — personal, experts say.
Complete List of Credit Card Fees to Watch Out For
All credit cards come with costs. You’ll pay interest on credit card balances, but interest isn’t the only expense of owning a credit card. Annual fees, late fees, balance transfer fees and foreign transaction fees are common, and they’re not the only fees.
Some credit card fees may be worth paying, but you can and should avoid many. Before you sign up for a credit card, read the terms and conditions. Most credit card agreements have a standardized table that explains the costs to use the card, including annual percentage rates and fees.
5 Credit Card Habits to Take to College and BeyondBefore Janene Tompkins’ son, 21, left home to move to New York this summer, he asked his mom, a certified financial planner in Durham, North Carolina, for money advice. “He asked me if he should be establishing credit and how to get his own credit card,” Tompkins says. She explained to him how credit scores work, how to maintain good credit and how to responsibly use credit cards, including the importance of paying off the balance each month. Read more
7 Credit Card Tips Everyone Should Know
Most people agree that using a credit card to pay for day-to-day purchases is a smart idea. After all, credit is safe, convenient and rewarding. Plus, if you’re responsible, you’ll also be building a solid credit score with every swipe.
But are you really making the most of your plastic experience? Here are 7 credit card tips everyone should know:
Citi AAdvantage MileUp Review: No Annual Fee, but No Free Bags
The American Airlines AAdvantage MileUp℠ Card is a rarity in the realm of co-branded airline cards: It earns frequent flyer miles, but it costs nothing to carry, thanks to its annual fee of $0.
This could make the card an intriguing possibility for annual-fee-averse households who fly only occasionally. The card’s rewards structure could also sweeten the deal for those with large grocery bills.
First credit card tips and advice
Erica Sandberg is a prominent personal finance authority and author of “Expecting Money: The Essential Financial Plan for New and Growing Families.” She writes “Opening Credits,” a weekly reader Q&A column about issues for people who are new to credit,
AmEx Debuts ‘Freeze Your Card’ Feature
One of American Express’ newest features could come in clutch the next time you misplace your credit card.
The issuer recently announced that cardholders can now “freeze” their card for up to seven days if it goes missing, blocking most new purchases. This capability first became available in early July. Forgot your card at a restaurant? Dropped it somewhere in your house? This feature gives you plenty of time to look for it, while preventing unauthorized purchases in the meantime.
12 Guaranteed Installment Loans for Bad Credit
It often feels as though we live in a litigious society, one in which few lawsuits are considered frivolous and any perceived slight can be addressed in a court of law. As a result, certain terms and phrases have become practically too dangerous to wield.