Tag Archives: credit cards

Does Your Credit Card Company Love You?

What is the minimum payment on a credit card

Americans love credit cards. We love to use them to earn rewards, to transfer balances and much more. In fact, there were over 550 million credit cards in circulation, as of 2014, and that’s just the three major card providers. Have you ever stopped and asked if your credit card company loves you? I’m not asking if you’re a “good”…

When Should You Get A Secured Credit Card?

Paying off debt impacts you in many ways – both positive and negative emotions arise during your debt payoff journey. I remember when I was paying off debt I felt both shame and pride, frustration and gratitude, and a host of other emotions, including a lack of freedom. Those all tied back to seeing who was responsible for the situation….

6 Lies About Credit Cards You Actually Believe

When it comes to credit cards, I’ve heard it all. There are so many myths floating around about the magic plastic that you may be tempted to avoid them altogether. Even worse, a lack of knowledge could lead to irresponsible use that could haunt you for years. Unfortunately, I was a part of the latter group and it ended up…

EMV Cards and Your Protection: What You Need to Know

We have heard a lot about the switch to EMV cards over the past few months. That is for good reason as the major players in the credit card industry set an October 1st deadline for merchants to install new chip card readers. While new EMV cards offer an added layer of security for consumers and additional complexities in operations…

How to Find the Best Balance Transfer Credit Cards

Balance transfer credit cards are a great tool to pay off debt. I did not use a balance transfer card while I was paying off debt though it was something I considered. If you’re looking to save money on your debt repayment efforts, consider some of the tips below to find the best balance transfer credit cards. Why Would You…

How to Find the Best Low Interest Credit Cards

Before you search for the best low interest credit cards, you need to know what low interest really is. The current average credit card interest rate is just under 15 percent. Low interest credit cards are just under 12 percent. In reality, rates are generally anywhere from 5-20%, if not more. Also important is to realize there are different reasons…

Your Short Term Thinking of Personal Finance is Hurting You

For nearly three years, I worked at a pension fund that managed and protected the retirement funds for half a million teachers, state patrol officers, snow plow drivers and other public workers. If you pay attention to the retirement industry, you know how polarizing these public pensions can be. However, regardless of where you land on the political spectrum, there…

How to Find the Best Cash Back Credit Cards

Would you like to get money back for your normal spending? It may sound impossible, but it isn’t. Some of the best cash back credit cards allow you to earn up to five percent, if not more, cash back on your spending. I tend to prefer travel rewards cards as they help us travel for next to nothing though cash…

How to Find the Best Travel Credit Cards

I have a confession to make – I love to travel. I always have. After going to Europe when I was nine years old, I was instantly hooked. Thankfully, I married someone who shares my fondness for travel. There’s a slight problem, though, traveling with a family of five can get quite expensive. According to American Express, the average cost…