A high credit card annual fee is one thing if you can take full advantage of the rewards and benefits the card offers. But if you’re unable to — such as is the case during the pandemic — this money could be better spent elsewhere. You may wonder if you should downgrade your credit card […]
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Cashback rewards cards give you an easy, straightforward way to save on everyday purchases. You want to save as much money as possible, and the best way to do so is with a credit card that gives you 5% cashback. However, these types of cards have restrictions and might call for a little strategizing to […]
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The best credit cards have generous terms for rewards, rates, fees, or all of the above — regardless of your credit score. Whether it’s excellent, fair, or bad, there’s a card out there that’s right for you. When deciding which card matches your needs the best, you should compare features, consider your spending habits, and […]
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Balance transfer credit cards offer several advantages, such as letting you make the most of a reduced interest rate. However, they also come with a few downsides, including balance transfer fees or even an annual fee. So to ensure you get the full benefit of a balance transfer card, make sure you consider these questions […]
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There are two types of credit cards: secured and unsecured. Unsecured cards are more prevalent and don’t have an opening deposit requirement. On the other hand, secured cards require that borrowers pay a deposit as collateral if they default on their payments. Credit cards for fair credit are typically secured, but several unsecured cards can […]
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The question isn’t can you use your credit card to pay your monthly mortgage bill, but should you. And the answer depends on why you want to in the first place. Do you want an easy way to collect rewards? Or are you trying to prevent foreclosure? Either way, most lenders typically don’t allow […]
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According to data from Cornerstone Advisors, since Apple Card debut in 2019, more than 3.1 million people have opened an account. It offers the convenience of a cashback credit card with the bonus of special financing for company products. If you have an Apple card, you might want to raise your credit limit […]
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Welcome bonuses are a win-win for credit card issuers and cardholders. They attract new customers while offering lucrative benefits such as a mountain points or even cold hard cash. Annual bonuses — which reward you for renewing your card membership and paying the annual fee — are even better. They can give you even […]
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Active-duty service members can enjoy a variety of benefits, from military discounts to exclusive low credit card interest rates. Thanks to the Servicemembers Civil Relief Act (SCRA), credit card issuers must forgive debts accrued before service that have an interest rate of 6% or higher every year. This law applies to active service members, which […]
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With schools and many workplaces closed due to the pandemic, families are spending more time at home. As a result, your kids may have more screen time, which could lead to unexpected credit card purchases from apps, games, or streaming transactions. If you’ve encountered an unexpected credit card purchase, you may have a hard time […]
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