The Ultimate Guide to Credit Cards
Saturday, August 15, 2020

All articles tagged Credit Card Usage (page 5)

The 4 Major Networks: Visa vs. Mastercard vs. Discover vs. Amex

The 4 Major Networks: Visa vs. Mastercard vs. Discover vs. Amex

When consumers are in the market for a new credit card and are comparing and contrasting Visa vs. Mastercard vs. Discover vs. American Express, the major difference may not immediately be obvious. Keep reading to learn more about these key differences and some of the best options available today. In a marketplace glutted with options for nearly any product, consumers are faced with more choices than ever before. But when lacking any substantial information about a company, many... read more »

12 Socially Responsible Credit Cards from Banks & Credit Unions

12 Socially Responsible Credit Cards from Banks & Credit Unions

Socially responsible credit cards not only provide consumers with the convenience that comes with plastic — swipe and go or make online purchases — but they also offer a simple way to support worthy causes in the process. While many of us are happy to do our parts to help protect nature, wildlife, and each other, it's often difficult to know how to really execute those goals. Even something that seems like a no-brainer, like reducing carbon output by driving an electric car, can... read more »

6 Pros and Cons of a Credit Card

6 Pros and Cons of a Credit Card

With a history that stretches back over 200 years, the versatile pro-con list has long been used to simplify the decision-making process. And while the pro-con list is not without its controversies — as described by this pro-con list about pro-con lists — it remains a popular practice for analyzing both parts of a problem to aid decision-making. Keep reading to learn about the pros and cons of a credit card. If you're on the fence about whether to get a new credit card, a... read more »

7 FAQs —The Different Types of Credit Cards & Which to Carry

7 FAQs —The Different Types of Credit Cards & Which to Carry

The types of credit cards available are vast and diverse. When I first discovered the world of credit cards, I was amazed at the breadth of the selection offered to consumers. Even today, after years of exploring the farthest reaches of credit cards and personal finance, I still occasionally come across an awesome card I never knew existed. While experienced cardholders and rewards churners may revel in the abundance and diversity of credit card types available to them, a novice to... read more »

What is a Good Credit Card APR? The 15 Best Low Interest Rate Cards

What is a Good Credit Card APR? The 15 Best Low Interest Rate Cards

While credit cards are popular among consumers for their perks and convenience, it's easy to forget that credit cards aren't only popular with consumers; the card issuers and banks love them too — but for different reasons. For instance, credit cards are a consistent (and abundant) source of income. In fact, according to the Federal Reserve, credit card interest fees account for nearly 10% of the income of credit card banks, and almost 3% of the income for the average commercial... read more »

12 Best Credit Cards for Everyday Use

12 Best Credit Cards for Everyday Use

For many of my friends, the search for the perfect partner centers around the idea of finding someone who isn't "crazy." What I always advise them to remember, of course, is that everyone is crazy, in their own ways. The key to a successful relationship isn't searching for someone "normal," but finding someone whose particular brand of crazy complements your own craziness. Coincidentally, my sagest bit of relationship advice parallels one of my most well-worn pieces of credit card... read more »

3 Ways Closing a Credit Card Can Hurt Your Credit

3 Ways Closing a Credit Card Can Hurt Your Credit

Closing a credit card account can be tricky — will it damage your credit score? Will you benefit in any way from having one less open account on your report? I still remember getting my first credit card in the mail. I can recall the feelings of wonder and excitement as I thought about everything I could now do and the huge sense of awe that such a little piece of plastic could hold so much financial power. No matter how fantastic your initial experience, of course, the novelty... read more »

15 Best Credit Cards for Large Purchases (2020)

15 Best Credit Cards for Large Purchases (2020)

Finding the best credit cards for large purchases may seem like a daunting task, with so many card options available to consumers these days. But we've narrowed the list for you to present our choices for just such cards. As ubiquitous as it's become, many of us likely take the credit card for granted, forgetting how much more difficult it was to make large purchases in the once-upon-a-time. To put it in perspective, consider this: if you were to purchase a new $5,000 furniture set... read more »

12 Best High-End Credit Cards (2020)

12 Best High-End Credit Cards (2020)

The phrase "high end" can mean take on different meanings for everyone. Some may envision luxurious fabrics and sparkling jewels, while others imagine fast cars and rivers of champagne. Or perhaps, as part of the digital generation, you picture the epitome of modern technology and automation. While the world of high-end credit cards doesn't have a lot of silk or octane, it is rich with exclusive perks and rewards that can make you feel like more than an ordinary consumer. These... read more »

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 »