Impulse spending, emergencies, buying too many things we just don’t need—all of these are reasons we typically think of to explain why people make late credit card payments.
Capital One has updated the rewards on its Savor card, and the new offerings will be enticing to people who eat out often or spend a lot at the grocery store (and considering food is the average American’s third biggest expense, that’s a lot of us).
Rather than rushing to cancel your credit card after briefly losing it in the cushions of your sister’s couch (just me?), Amex is letting you temporarily freeze it, according to Consumer Affairs.
In a bid to keep consumers who sign up for credit cards for the one-time bonus and then cancel them shortly after, issuers are beginning to offer annual points bonuses, reports CNBC.
For no particular reason, over the past week or so a handful of Lifehacker staffers have been wondering whether a late payment on their corporate credit card would have an adverse affect on their personal credit score.
There’s a saying that you can’t take stuff with you when you die. And as far as your debts go, that’s because they keep accumulating here on earth.
Credit card perks are great, but sometimes choices can be overwhelming. There are travel cards from major banks competing with airline-branded cards competing with hotel cards, all with different fees and point systems. How do you choose?
You know you need to pay your credit card bill on time, and that you should aim not to keep balance. But do you know what everything on your credit card statement actually means?
Let’s say you started your first job and you want to open a credit card account but you don’t have a credit score yet—or you do have one, but it’s low. What do you do? Luckily, there are several alternatives.
Building your credit is one of the toughest but most necessary financial tasks when you’re entering the working world, and a credit card—when used correctly—can be a great tool to help you secure lower interest rates on a car or house loan.
Looks like Wells Fargo is trying to atone for its sins (or at least get some new customers) with the launch of its new rewards credit card.
Food is the third-biggest expense for American households, which means if you’re not maximizing your cash-back rewards on groceries and dining out you could be missing out on a not-insignificant amount of money.
If you like to travel and you’re not saving up airline miles or credit card reward points, you should. If you already are, be careful with how long you hold onto them. Saving up points for that dream vacation might sound exciting, but I know one word that will ruin all your plans: devaluation.
Credit card APRs are ridiculously high, averaging 16.75 percent, according to the latest data from CreditCards.com. (That’s a record high, by the way.) But make a payment misstep, and you could face almost double that astronomical rate for months afterwards.
Creditors can lower your credit limit at pretty much any time and for any reason, as long as it’s allowed in your user agreement. It happens to people with good credit and bad credit, to people who have been with their bank for a decade or less than a year. In other words, it can happen to anyone, but you’re …
Debit rewards cards aren’t as common as they once were, but they’re still an option for people wary of using credit cards.
If you opened credit cards for certain purposes (like, say, an extra 20 percent off at the Gap), then you may have a few extra lying around that you’re wondering what to do with. You don’t use them—you’re more of Club Monaco girl now—but is closing them the smartest solution?
IKEA has a new credit card, but consumers should think twice before applying.
More than half of credit-card holders don’t know if their credit card charges a foreign transaction fee, according to a survey performed by personal finance website WalletHub. And that can be one costly mistake.
There’s a lot of advice about giving your kid a credit card. Find one with a low interest rate. Don’t cosign for the card because you might ruin your own credit. Make it extremely clear to them that yes, it’s real money and yes, they must pay it back on time and in full.