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This Is Why You Shouldn’t Withdraw Cash From Your Credit Card

This Is Why You Shouldn’t Withdraw Cash From Your Credit Card

Credit cards should not be viewed as a way to access cold hard cash like an ATM. The goal of a credit card is as follows: a bank issues you a line of credit (also known as the card’s credit limit) and you are allowed to use the card to finance various expenditures up to the credit limit. You must pay back all of your expenditures in full on a due date set by the credit card issuer. 

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Tips and Tricks on How to Travel Cheaper in 2018

Tips and Tricks on How to Travel Cheaper in 2018

If you want to hit the road in 2018 and make it your best travel year so far, we have some great suggestions for you. These are our favorite tips on how to maximize your credit card benefits and loyalty program perks while also earning and saving miles and points.

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This is What You Need to Do if Your Credit Card is Stolen

This is What You Need to Do if Your Credit Card is Stolen

It’s a scary feeling when your credit card is stolen. Think about how much could go wrong. A thief now has the opportunity to charge whatever they want on your card and leave you responsible for footing the bill. It’s a thief’s dream, but a consumer’s worst nightmare.
As soon as you realize your credit card is missing, there are a few actions you should take immediately to limit your liability from any unauthorized purchases that may result from your card falling into the hands of the wrong person.

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Top Tips When Applying for a New Credit Card

Top Tips When Applying for a New Credit Card

Applying for a credit card isn’t a difficult process. The major credit card issuers have online applications that can sometimes inform you within minutes if you’ve been approved for the card. But there are some factors to keep in mind when applying to ensure that your credit score doesn’t suffer unnecessarily.

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5 Lessons to Teach Kids About Credit

5 Lessons to Teach Kids About Credit

What have you taught your children about credit? Even if you think you have never given them a lesson, you probably have. The way you spend your money, talk about money and live your life in general are absorbed by your little ones. Has your child ever asked you for something and you had to tell them you could not currently afford it. They might even suggest using a credit card as they have likely seen them used to buy things. Your child may be under the impression that a credit card is like free money if you haven’t explained how they work.

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6 Facts About CreditWise from Capital One

6 Facts About CreditWise from Capital One

It seems like every few months we’re hearing about a new data breach that has compromised our personal information. Most recently it was Equifax, which affected near half the United States population. Even though we’d like to think our information is secure, vigilance is crucial. It’s important that you always have a good understanding of what’s on your credit report.
Capital One is making it easy for everyone to stay in the know with CreditWise from Capital One. Once only available to Capital One cardholders, this free service is now available to anyone.

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Here’s How Charge Cards Differ From Credit Cards

Here’s How Charge Cards Differ From Credit Cards

You’ve probably heard about charge cards and credit cards. While the two terms sound similar, there are plenty of differences. Depending on your financial goals, it’s important to understand these products so you can properly decide which card to select.
Let’s explore the differences and similarities between charge cards and credit cards.

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Here Is What You Need to Know About Credit Card Interest

Here Is What You Need to Know About Credit Card Interest

Have you ever wondered what credit card APRs are? APR stands for annual percentage rate. Understanding the mathematics behind that rate will help illustrate how dangerous and expensive credit card debt can be. It’ll also give you extra motivation to pay off your credit card balances in full every month so you don’t have to worry about interest.

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Here Is What You Need to Know About Balance Transfer Cards

Here Is What You Need to Know About Balance Transfer Cards

One of the most cost-effective ways to pay down credit card debt is to transfer the balance to a low interest credit card, also known as a balance transfer card.
Consumers who are merely paying the minimum payment on their credit card balances are on the road to a lifetime of debt. The minimum payment is usually so low, that it keeps consumers in debt for decades.

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5 Things You May Not Know About Credit Cards

5 Things You May Not Know About Credit Cards

With credit cards, consumers typically hear about rewards programs, airline miles, debt and interest charges. However, there are plenty of things you probably didn’t know about credit cards.
For example, credit cards can be completely free if you use them properly. But credit cards are never free for merchants, who must pay a fee to the credit card issuer each time a consumer swipes the card. 

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Singapore Airlines Devaluation

Singapore Airlines Devaluation

Regular airline and hotel program devaluations are becoming the norm, and recently Singapore Airlines has announced program changes without giving us a whole lot of warning. Effective December 7, 2017, many flights booked on Star Alliance partners will be changing in price and there are a few non-price related changes as well. All in all this is a pretty big deal.

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What You Need to Know About Credit Card Balances

What You Need to Know About Credit Card Balances

Far too many consumers have credit card balances. This isn’t something to be proud of as a credit card balance is another term for having debt. Remember, when charging items on a credit card, those expenditures must be paid back in full.
Let’s explore some of the ins and outs of credit card balances, including what they are and how they can snowball into a major financial problem that affects your life for years to come.

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8 Reasons Your Credit Card Was Declined

8 Reasons Your Credit Card Was Declined

Imagine that you’re standing at the checkout counter and the cashier informs you that your credit card has been declined. Not only is this an embarrassing situation to be in, but it can also be an inconvenience. If you don’t carry cash, you’re left scrambling for another method of payment. 

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What to Do When a Fraudulent Charge is Discovered on Your Credit Account

What to Do When a Fraudulent Charge is Discovered on Your Credit Account

If you discover a fraudulent charge on one of your credit accounts, you should act fast to avoid further damage. By taking immediate action, almost any fraudulent purchase made with a credit card can be disputed and resolved. Many credit issuers have zero liability policies when it comes to fraud and some offer credit monitoring services at no charge. There are also federal laws that limit the liability of consumers when it comes to fraudulent charges.

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7 Reasons to use a Credit Card Instead of a Debit Card

7 Reasons to use a Credit Card Instead of a Debit Card

There are several key considerations when it comes to choosing whether to use a debit or credit card to pay. Credit cards provide many perks and benefits that debit cards do not. These benefits may be especially useful when shopping or traveling. For the most part, as long as you are a responsible spender, using a credit card is usually a better option than using your debit card.

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The Best Ways to Consolidate Credit Cards to Save Money

The Best Ways to Consolidate Credit Cards to Save Money

Having credit card debt is stressful enough. Debt across multiple credit cards from different issuers compounds this stress and makes tracking your progress towards a debt free life even more difficult.
Plus, credit card debt is expensive. Chances are, you’re paying an interest rate near 25%, a level high enough to easily keep you in debt for years.
Thankfully, there are tactics you can take to consolidate your debt. But some consolidation methods are better than others.

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5 Reasons to Never Miss a Monthly Credit Card Payment

5 Reasons to Never Miss a Monthly Credit Card Payment

Missing a credit card payment is not something to take lightly. Whether you truly can’t afford to make the payment or you simply forgot about it, the financial consequences can be pretty hefty.

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Four Ways to Use the Right Combination of Points, Miles, and Money to Save on Airfare

Four Ways to Use the Right Combination of Points, Miles, and Money to Save on Airfare

Airfare sales happen every day but not necessarily from your home airport. In order to take advantage of some of the best deals out there, you might have to get a bit creative. There are plenty of options available to help reduce the cost of airfare. You may save money by positioning yourself to nearby airports or by using your frequent flyer miles like cash to reduce the cost of a ticket. If you’re earning points on a credit card you will want to access their travel portals to see if your points have greater value there. Additionally, using a combination of award tickets and purchased tickets for securing your airfare may result in paying less. Try these combinations to find the best deal.

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Why do Credit Cards Expire?

Why do Credit Cards Expire?

You may know a lot about the rewards and benefits that are included with your credit card, but you may not have considered those all-important four digits on the front of your card: the expiration date. It’s almost impossible to complete an online purchase without that data point, but what is the expiration date really used for? Banks have several reasons for including it. Read on to find out more.

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Can Award Tickets Earn Miles?

Can Award Tickets Earn Miles?

As a general rule that award tickets do not earn frequent flyer miles since they are paid for with miles, the same way you do not earn hotel points when you redeem points on an award stay. Frequent flyer programs will usually exclude award booking classes from mileage accrual. This applies to partners as well.
With that being said, there are a few exceptions or situations when award tickets might earn you miles after.

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