The Ultimate Guide to Credit Cards
Tuesday, January 19, 2021

All articles tagged Credit Card Usage (page 3)

3 Ways — How to Get a Lower Interest Rate on Credit Cards

3 Ways — How to Get a Lower Interest Rate on Credit Cards

Credit cards can be an excellent tool to easily and conveniently finance purchases without carting around a cumbersome collection of cash and coins. And rewards credit cards, in particular, can be a great way to get a little extra value out of your purchases. Unfortunately, credit cards can also be easy and convenient ways to swipe your way into credit card debt -- debt for which you will often pay two-digit interest rates to carry. Even if you make more than the minimum payment... read more »

5 Best Cash Advance Credit Cards & How to Get One

5 Best Cash Advance Credit Cards & How to Get One

High on nearly any list of "bad things to do with your credit card" lies the cash advance. Cash advance credit cards offer the tantalizing prospect of obtaining cash quickly when you're in a financial bind or an emergency situation arises. The only direct means of obtaining cash from your credit card, cash advances can become very costly, very quickly through a combination of high interest rates (the fees for which start accruing immediately -- cash advances have no grace period)... read more »

Compare Credit Cards: Comparison of the 18 Best Offers (2021)

Compare Credit Cards: Comparison of the 18 Best Offers (2021)

Credit card comparison these days is much easier than ever before thanks to handy websites (ahem) that aggregate card information and do a lot of the heavy lifting for consumers. Additionally, cash seems to be on its way out. According to a 2016 Gallup survey on the future of cash, a full 62% of those surveyed felt it was likely that they would see the end of cash within their lifetimes -- including almost 60% of respondents 65 and older. The modern American is relying less and less... read more »

How to Use a Credit Card (5 Ways to Build Credit Wisely)

How to Use a Credit Card (5 Ways to Build Credit Wisely)

Many consumers assume they know how to use a credit card (swipe and go, right?) — and while they may know the basics — diving deeper to learn more about rewards, strategies, and card varieties is certainly worth the time. Credit cards are the most popular way to shop online and in-store, and it’s no wonder why. With the ability to securely shop at almost every location nationwide, plastic is quickly replacing cash and checks as a method of payment. While some stores have... read more »

13 Cool Credit Cards Every Wallet Wants (2021‘s Best Designs)

13 Cool Credit Cards Every Wallet Wants (2021‘s Best Designs)

When most of us choose a credit card, design is rarely at the top of our minds. Honestly, there are so many other features to consider. Perks, interest rate, intro APR, and card protections are considered more often when selecting an aesthetically cool credit card. But what if all things were created equal? Could a card’s look persuade you to apply? Card companies know that looks aren’t everything — but flash any one of these 13 cards the next time you go out, and get... read more »

“How Do Credit Cards Work?” 2021 Guide to APR, Payments & Rewards

“How Do Credit Cards Work?” 2021 Guide to APR, Payments & Rewards

Credit cards have become such an ingrained part of our modern society that most of us don’t give them much thought. But how many of us could really provide a thorough answer to someone who asks, "How do credit cards work?" Credit cards are easy to use, widely accepted for making purchases, and as long as we pay at least the minimum amount owed when the bill comes due, they’re ours to use as we please. It’s a convenient way for us to buy things now and pay for them at a later... read more »

3 Do’s & Don’ts — “Can You Buy a Car with a Credit Card?” (New & Used)

3 Do’s & Don’ts — “Can You Buy a Car with a Credit Card?” (New & Used)

Though credit cards have been around for decades, they have, as things do, changed and evolved during that time. So, it's only natural that some of the most common questions people ask when it comes to credit cards revolve around what, exactly, can be purchased with one. For example, one popular question people ask is, "Can you buy a car with a credit card?" At the end of the day, the answer to that question is (un)simply: maybe. The ability to purchase a new or used car with a... read more »

Sound Advice for Healthy Finances:  CardsMix’s Effective Tools & Expert Insights Lead Consumers to the Right Credit Lines

Sound Advice for Healthy Finances: CardsMix’s Effective Tools & Expert Insights Lead Consumers to the Right Credit Lines

In a nutshell: CardsMix blends expertise, unbiased and accurate data, powerful search tools, and customer reviews to bring consumers a comprehensive picture of the best credit card matches for them. The experts at CardsMix use their extensive experience in consumer finance, banking, software, and design to develop an intuitive, accessible site that seamlessly works to educate and provide  users the answers to their credit card queries. No matter your credit level, if you're looking... read more »

Credit Card Companies: 15 Largest Issuers (2021 List)

Credit Card Companies: 15 Largest Issuers (2021 List)

Credit card companies, like most other things in life, come in all shapes and sizes. Some are titans of the industry, spending upwards of $336 million a year to blare commercials 24/7 on every medium known to man. Others lack any kind of name recognition — outside of their employees, and, presumably, a handful of customers. You don't want to entrust your financial future to just any credit card company. So, if you're looking to get a new credit card, where do you even start? ... read more »

Answering Your Questions: Credit Card Insider is a Wealth of Financial Information

Answering Your Questions: Credit Card Insider is a Wealth of Financial Information

In a Nutshell: Credit Card Insider supplies financial advice and credit card reviews for everyday consumers. Industry experts come together to create a resource on credit cards that's freely available to everyone on the web. From Editor's Ratings to Q&A videos, Credit Card Insider produces helpful content to better inform readers and viewers about credit cards. // In school, we're taught math, science, English and history, but there isn't a class that teaches students about... read more »

4 Best Credit Cards for Jewelry Purchases (2021)

4 Best Credit Cards for Jewelry Purchases (2021)

We've searched the wide world of credit cards and pulled together a list of what we believe are the four best credit cards for jewelry purchases. Shopping for the right piece of jewelry — be it a diamond engagement ring or simple pearl necklace — can be daunting enough. Besides the high cost that may take years to save for, the quality measurements used by jewelers can seem arbitrary and overly complicated. Adding to the complication is how to pay for the purchase. While your... read more »

5 Common Credit Card Blunders (and How to Fix Them)

5 Common Credit Card Blunders (and How to Fix Them)

More than 160 million Americans carry credit cards. Unfortunately the vast majority of those consumers are misusing their credit cards, resulting in a national average of $15,000 in credit card debt per card-carrying household. "Irresponsible credit card use leads to financial loss, either through interest and fees or increased cost when your credit profile is damaged," said ClearPoint Credit Counseling Solutions credit counselor Thomas Nitzsche. Whether it's overuse or misuse,... read more »

How Credit Card Companies Calculate Your Minimum Payments

How Credit Card Companies Calculate Your Minimum Payments

One of the first things you should consider when exploring new credit cards are their methods for calculating minimum payments because there are multiple techniques the credit card companies use. The minimum payment is the amount you must fork over each month based upon your unpaid balance, interest and fees. The Credit CARD Act of 2009 created new rules regarding how issuers must report information about minimum payments. Percentage Methods Typically, credit card companies... read more »

Marijuana Dispensaries Starting to Accept Credit Cards

Marijuana Dispensaries Starting to Accept Credit Cards

If Colorado thought the legalization of marijuana was the end of a fiery debate with the government, it is sorely mistaken. Financial institutions are becoming increasingly uncomfortable with the pot business as multiple marijuana dispensaries have turned to credit and debit cards for sales in Denver. The biggest issue being federal regulators consider these transactions illegal. The Treasury Department and Justice Department have issued statements assuring banks they won’t... read more »

3 Reasons to Never Miss a Monthly Payment

3 Reasons to Never Miss a Monthly Payment

For better or worse, your credit card tells the world a lot about you. It can tell a happy story when you make your payments on time — you're someone who can handle your current credit debt and probably more if you need it. However, miss a payment and the story sours. Your costs can go up and your access to further credit is threatened. Credit counselors often point out the wisdom of paying back more than the monthly minimum amounts on your credit cards, because otherwise it... read more »

5 Credit Card Travel Secrets from the Airfarewatchdog

5 Credit Card Travel Secrets from the Airfarewatchdog

Thinking about buying some plane tickets and taking a trip some exotic locale? Or maybe you just want to fly across state to visit some family? Wherever your destination, we assume you want to save as much money on travel as possible. That's where your credit card comes in. To entice their customers to spend more, many credit card issuers offer their customers convenient ways to cut back their travel costs through incentives, reward programs and other perks. I spoke with... read more »

How We Improved Our Credit Score

How We Improved Our Credit Score

I am a credit agency’s dream — I have never made a late payment, I always pay my bills early, and I have ample savings. My husband, on the other hand, did not take his credit as seriously as I did. He missed a couple of payments, only paid the minimum amount due and even paid an annual fee for a credit card. These things did not sit well with me — we needed to initiate "Operation: Improve Your Credit Score." I was determined to help my husband raise his credit score so... read more »

Could You Be Addicted to Credit Cards?

Could You Be Addicted to Credit Cards?

With one look at statistics, it would be easy to think that credit card addiction is widespread in our society. After all, when you see the average debt per card over $8,200, it is easy to see that credit cards can be a problem – but is it really an addiction? Credit cards can make buying painless When I struggled with credit card debt, it seemed so painless to swipe that little piece of plastic. It is almost a mindless act, as virtually most retailers have card readers. ... read more »

Study: 2 in 3 Millennials Hate Credit Cards

Study: 2 in 3 Millennials Hate Credit Cards

Credit cards may be one of the best ways to build credit, but a new survey commissioned by Bankrate found the majority of one generation wants nothing to do with them. And it's not the generation you might expect. A massive 63 percent of millennials — yes, those aged 18 to 29 who are typically known for bad credit card habits — currently do not have a credit card, according to the survey. A meager 23 percent of millennials have one credit card. Only 6 percent of millennials... read more »

4 Ways Credit Card Companies Hack Your Brain

4 Ways Credit Card Companies Hack Your Brain

Think back to the last time you were offered a credit card. What do you remember most: the deals and rewards the card offered or it's APR, fees and fine details? Credit card companies make billions of dollars a year through clever accounting and finance technique, but the vulnerability of the human brain may be their most valuable tool. These tricks come from theories grounded in behavioral finance, a study that blends psychology and consumer finance. We spoke with some of the... read more »

123