August 31st, 2012
You’ve heard of cloud computing, but cloud purchasing?
It’s a new concept that tech startup Wallaby is introducing into the payments space. The Wallaby Card aggregates all of your credit cards into “One Card to Rule Them All”—a smart card that uses cloud technology to store your credit card information.
Launched earlier this year, the startup’s goal is to help consumers maximize their credit card rewards mid-purchase.
How does it work?
When you sign up for Wallaby, you’ll indicate which credit cards you have in your wallet and what kind of rewards you’re interested in earning, whether it’s cash back or airline miles. After applying, you’ll receive your Wallaby Card in the mail. Through your online account, you can add your credit cards to the new card. The Wallaby Card stores the cards’ information so you can use it to make purchases. That’s where the Wallaby Card really shines.
Let’s look at a couple of for-instances. Say you’re paying for a tank of gas. The Wallaby Card will automatically send the purchase to the credit card that gives you 5 percent cash back on gas purchases. Then, when you’re buying a plane ticket, the Wallaby Card will route that purchase to the card that gives you double points on airline miles. You don’t have to pick which card to pay with; Wallaby does it for you.
Also, you can set up your own purchase rules by using your online Wallaby account or mobile app. If you want to make sure that you don’t exceed the recommended 30 percent credit utilization on your cash back card, you can designate that rule.
The Wallaby Card is not an actual credit card, so applying for one won’t prompt a hard inquiry on your credit report or affect your credit score at all. It just stores your credit card information so that it can decide for your which credit card will give you the best deal on your current purchase.
August 6th, 2012
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.
May 1st, 2012
Are you addicted to online daily deals? Do you love maximizing your credit card rewards? If you answered “yes,” we might have the perfect credit card for you. For the first time in history, a credit card company has partnered with an online deal site to create a co-branded credit card. The new LivingSocial Rewards Visa Card gives you the opportunity to earn LivingSocial Deal Bucks, good towards LivingSocial’s daily deal offers, with every card purchase.
February 23rd, 2012
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.
February 16th, 2011
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!
February 15th, 2011
I praise all the great perks and bonuses of credit cards, but I’ll confess that I'm extremely cautious when it comes to my own credit card.
Throw caution to the wind, and you can actually better your credit situation.
January 26th, 2011
There may be some strange shifts taking place in the world of rewards credit cards this year. Here are a few other changes personal finance experts expect in 2011 and beyond.
Guest blog from CreditShout!
December 3rd, 2010
In the world off credit cards and their shiny new offers, its hard to pick out which kind of rewards program is the best of the best. Which card is the best rewards card consumers should pursue--cash back, rewards points, or airplane miles? Let's break down which rewards category is king.
November 11th, 2010
Special Guest Post! Credit cards and travel abroad seem made to go together. But that doesn’t mean there aren’t a few things you should know before you go. Knowing the five tips below will help you feel educated and give you some peace of mind – without having to learn the hard way.
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.