A friend of mine recently notified me that his credit score plummeted nearly 100 points from the last time it was updated. He is enrolled in a free credit monitoring program, so he receives alerts when his credit scores fluctuate. Naturally, I asked him why he thought his credit score could have dropped so dramatically… Continue reading A Lesson in Credit Utilization
Five Costly Credit Card Fees You Can Easily Avoid
As you probably already know, credit card issuers make much of their money on collected interest and outrageous fees. See how credit card issuers make money for more on that. And it seems everyday credit card companies are coming up with new, innovative fees to charge their customers. Let’s take a look at five common… Continue reading Five Costly Credit Card Fees You Can Easily Avoid
How Can I Lower My Credit Card Interest Rate?
Many consumers are riddled with credit card debt thanks in part to APR that is through the roof, making it very difficult to pay down debts and get back in the black. So you may ask yourself, “How can I lower my credit card interest rate?” Well, credit card issuers aren’t in the business of… Continue reading How Can I Lower My Credit Card Interest Rate?
There Used to Be a Trump Rewards Visa Card
Fun fact: There used to be a “Trump credit card” back in the 1990s. It was issued by First USA, which was formerly one of the largest credit card issuers in the United States. The company was eventually acquired by Banc One in mid-1997, and Chase took them over several years later in July 2004.… Continue reading There Used to Be a Trump Rewards Visa Card
Green from Amex: The American Express Green Card Reimagined
It’s been 50 years since the original Green Card was released to the public, and since then American Express has launched dozens of other, easily arguably better credit cards. Really, the old Green Card existed just to exist lately, and didn’t offer much relative to the many other options available to consumers these days. That… Continue reading Green from Amex: The American Express Green Card Reimagined
American Express Blue Cash Preferred Card Review: Now Earn 6X on Streaming, 3X on Rideshare
Beginning May 9th, the Blue Cash Preferred Card from American Express will come with two exciting new bonus categories that totally appeal to Millennials. To sweeten an already pretty decent credit card, Amex is adding 6X on select U.S. streaming subscriptions (assuming the likes of Netflix, Hulu, etc.) and 3X on transit, including popular rideshare… Continue reading American Express Blue Cash Preferred Card Review: Now Earn 6X on Streaming, 3X on Rideshare
Is the New Marriott Bonvoy Boundless Credit Card Right for You?
Chase has released its own Bonvoy credit card (formerly known as Marriott) to go up against the luxury offering currently available from American Express. The new credit card basically replaces the old Marriott Rewards card that Chase used to offer, which in the past came with 75,000 bonus points for spending $3,000. Bonvoy Boundless Offers… Continue reading Is the New Marriott Bonvoy Boundless Credit Card Right for You?
Is the 3% Chase Freedom Unlimited Offer Good or Bad?
You may have heard (or read) that the Chase Freedom Unlimited now comes with 3% cash back for the entire first year, similar to the double points/miles Discover offers during year one via cashback match. The biggest difference between that Discover offer and the Chase offer is that it’s not unlimited, ironically, on the Chase… Continue reading Is the 3% Chase Freedom Unlimited Offer Good or Bad?
Capital One Finally Allowing Miles Transfers to Airlines
Well, it took some time, but Capital One miles are now actually miles, assuming you take advantage of their new option to transfer them to airline partners. Beginning in December, the credit card issuer will let Capital One cardholders transfer their miles to more than a dozen third-party airlines, with more carriers to come in… Continue reading Capital One Finally Allowing Miles Transfers to Airlines
Amex Starwood Preferred Guest Luxury Card (Now Bonvoy Brilliant) Review
There’s yet another Starwood Preferred Guest credit card, this time a luxury version from American Express that comes with a whopping $450 annual fee. Let’s find out if it’s worth paying that. Update: In what seemed like no time at all it was renamed the “Marriott Bonvoy Brilliant American Express Card” as a result of… Continue reading Amex Starwood Preferred Guest Luxury Card (Now Bonvoy Brilliant) Review