August 6th, 2012

5 Tips for Picking the Right Rewards Credit Card

choose 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, hotel perks, or special event offers.

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.

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February 23rd, 2012

Debit vs. Credit: Which is better?

debit or credit th

What do you do when it comes time to pay for your fast food meal or maybe a new television? What makes you decide if you will use your credit card or debit card? This dilemma has been going on for years. There are multiple reasons on why one would choose a certain card over another. In the end, it is up to you. However, here are a few general guidelines to keep in mind next time you’re deciding between your debit card or credit card.

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April 8th, 2011

Review: Discover More Card Capitalizes on Consumer Shopping Trends

discover thu

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.

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February 16th, 2011

Wednesday Roundup: Credit Cards & Debt

heklla credit

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!

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October 11th, 2010

Find The Right Credit Card in 5 Minutes

crdit card 5 min

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.

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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 […]

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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 […]

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