August 6th, 2012
5 Tips for Picking the Right Rewards Credit Card
We know from last week’s blog post that great credit card offers might soon be a thing of the past. But you can still get great over-time rewards with your plastic, if you choose wisely.
Here are five things to pay attention to when picking a great rewards credit card.
Rewards You Can Use
One of the biggest mistakes you can make when searching for a new card is to choose one that gives you rewards that you won’t actually use. What’s the point of racking up airline miles if you’re terrified of air travel? Instead, focus on those rewards cards that will get you what you want, whether it’s cash back—like Blue Cash Everyday Card—hotel perks or special event offers.
Apply for the Blue Cash Everyday Card
Interest That Doesn’t Eclipse Rewards
Cash back is great, isn’t it? But if you tend to leave a balance on your credit card from month to month, and your interest rate is sky-high, you’ll likely pay more in interest than you’ll receive in cash back. That rewards card just turned into a regular, boring credit card, didn’t it? The best thing to do is to set a precedent that you’ll never leave a balance on your credit card. Alternatively, do the math to make sure that the cash back rewards you receive each month is more than the interest you pay. Or choose a rewards card with a lower APR, like the Discover It card.
February 23rd, 2012
Debit vs. Credit: Which is better?
April 8th, 2011
Review: Discover More Card Capitalizes on Consumer Shopping Trends
February’s retail data show that consumers shopped less, but Discover is hoping to send shoppers back to the mall. Discover More Card’s new opportunities offers cash back through its year-long rewards schedule with cash back categories, retail redemption options, and the ShopDiscover virtual shopping mall.
February 16th, 2011
Wednesday Roundup: Credit Cards & Debt
If you are in the market for a new credit card, raise your hand!
From rewards, cash back, points, low interest, to business plus more types of plastic than we can name, we’re helping narrow down your vast selection!
October 11th, 2010
Find The Right Credit Card in 5 Minutes
Choosing the right credit card for you has eerie parallels to dating—your perfect card should fit well with your lifestyle, complement your budget, and shouldn’t compromise your financial needs.
Stroll through our gallery of credit card types to figure out what type of plastic is your true credit match.
June 30th, 2010
Wednesday Trends in Credit Cards & Debt
Think your personal debt mountain is too high to climb? Ford Motor is $34 billion deep in debt, reports the Associated Press, but managed to repay nearly $4 billion through a company restructuring plan and comprehensive debt management. With additional debt reduction strategies, the Detroit automaker hopes to reduce its total debt to $27 million at the end of the first quarter. Think you can cut fifty dollars, or a few hundred, or even thousand dollars out of your own debt? Take a note out of Ford’s book – shoot for high but manageable goals and take sweeping, necessary steps to reach it.
Your fix of credit card news and debt reduction help is just ahead at today’s roundup!
June 4th, 2010
How To Decide Between Cash Back or Rewards Points
Even though credit card issuers are cutting back perks of rewards credit cards, there are still generous rewards cards out there worth their plastic. Rewards credit cards boil down to two basic categories: cash back and rewards points (or airline miles). You could choose a card based on its offerings—money in the bank versus points/miles—but the card’s earning potential, redemption value, and your own spending habits are crucial factors too. Let’s compare cash back and rewards points cards.
