August 4th, 2014

Credit Card Sign-up Bonuses Increase While Overall Value Decreases

Credit Card Bonuses

Consumers – lenders are trying to get your attention.

According to new data from CardHub.com, the points or miles value of sign-up bonuses is at an all-time high with an average of 13,265 points or miles per card. Issuers are also offering sign-up bonuses as high as $400 to entice consumers to open a cash back card.

However, rewards and cash back rates aren’t keeping pace with the sign-up bonuses. For cash back cards, the average earning rate has fallen to its lowest point in the past four years. This isn’t good news for the many consumers who are increasingly choosing to open new rewards cards.

As for points and miles, the base earning rate may be increasing slightly, but the rewards themselves have also taken a hit. Frequent-flier programs are often requiring participants to cash in more points in order to land a free ticket. All of this paints a conflicting picture: While up-front bonuses are increasing, the actual benefit of the rewards is decreasing.

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July 28th, 2014

Credit Card Delinquencies Fall in 2014

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According to recent data from the American Bankers Association, Americans are meeting their payments at record pace. In the first quarter of the year, late payments fell to 2.44 percent of all accounts. This is a large decline from the previous quarter’s 2.60 percent and the 15-year average of 3.82 percent.

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July 18th, 2014

Security Improvements Still on Hold for U.S. Credit Cards

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U.S. credit card issuers have until October 2015 to replace consumers’ credit cards with more secure EMV cards. Read more here.

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January 17th, 2014

Credit Karma Tips & Resolutions 2014 — Part 5

Credit Karma Tips & Resolutions 2014

Stan actually requested to expand on his tip, so here’s more information in his own words. And be sure to check out some of our other blog posts on this subject!

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November 11th, 2013

Little Known Credit Card Benefits That Could Help You This Holiday Season

Little Known Credit Card Benefits That Could Help You This Holiday Season TH

If you’re like the typical American, you’ll probably be using your credit card a good amount this holiday season. But did you know your credit card may be able to do a lot more than temporarily pay for that sweater you’re buying for your mom? Check out some of these credit card perks that could make this holiday season a little easier for you.

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September 18th, 2013

Retail Cards: Use Them Wisely – Part 2

Retail Cards: Use Them Wisely – Part 2 TH

Yesterday I shared our July retail credit card data. It isn’t a surprise that many Credit Karma members have fallen into the trap of signing up for a store credit card. Let’s face it, it isn’t always easy to tell the very persistent store clerk that you don’t need the extra discount. So if you fall into that group and can’t turn down a credit card offer, or if you’re already carrying a retail credit card, here’s some advice from me and our Facebook fans on how to use it wisely.

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September 17th, 2013

Retail Credit Cards: Use Them Wisely – Part 1

Retail Cards: Use Them Wisely – Part 1 TH

These days, almost every time you shop at a retail store you’re offered a discount in return for opening up their newest credit card. Many times, the offers are very enticing and hard to turn down. I can’t lie… even I’ve given in to the temptations before! According to our July credit card data, those discounts are also enticing many Credit Karma members:

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August 29th, 2013

How to Travel for Free with Credit Cards

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“If only I made more money” is usually how a sentence starts when someone is trying to figure out how others have mastered their finances. But if you asked money-savvy people what their secret to financial bliss is, they’ll have a simple answer. The answer is that financial independence is based on three simple practices. Without these sound financial practices in place, reaching financial bliss is a difficult and seemingly unattainable goal.

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August 13th, 2013

Credit Karma’s Best Travel Rewards Cards of 2013

best travel cards

It seems like every day in the mail either myself or my husband receives another credit card offer. The problem is; how do you know which one is the best one? For most people all the information can be overwhelming. It’s hard to see through all the shiny extras to know the real value. Credit Karma decided to do something to help. We used our exclusive data to compile an unbiased list of the best travel reward credit cards to help make it easier to choose.

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June 26th, 2013

Review: Capital One® Quicksilver® Cash Rewards Credit Card – Easy Cash Back

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Capital One has launched two new credit cards—Quicksilver and QuicksilverOne Rewards. These cards replace the Capital One Cash Card and aim to make earning cash back simpler and more straightforward.

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Editorial Disclaimer: Content on the Credit Karma Blog is for entertainment and information purposes only. The opinions expressed on the blog are those of the authors themselves, and not necessarily Credit Karma or its affiliates. However, Credit Karma may be compensated by companies mentioned in the Credit Karma Blog through advertising, affiliate programs or otherwise. It is this compensation that enables Credit Karma to provide its members with services like free access to your credit scores and free monitoring of credit and financial accounts at no charge.

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