August 6th, 2012
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.
January 4th, 2011
Cash-back reward programs on credit cards aren’t too good to be true—in truth, they’re inspiring more debt among their users than rewards of cash.
Read more on this special guest post from LearnVest!
October 11th, 2010
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.
September 28th, 2010
At LearnVest, we believe that you should always make money on your money, from beginning to end: You should earn interest in a savings account before you spend and then credit card rewards once you do spend. In order to help you make the most of your money, we bring you the 9 rules you must read for rewards cards.
August 11th, 2010
One major issuer didn’t get away from consumer watchdogs this time, and paid a pretty hefty price. A judge ordered Wells Fargo to pay $203 million in restitution to Californians for manipulating overdraft fees.
Also, check out our favorite personal finance picks from the web.
June 23rd, 2010
June 7th, 2010
May 28th, 2010
March 8th, 2010
February 1st, 2010