New Credit Card Regulations Will Hurt Savvy Credit Card Users
Federal regulators have just adopted new regulations for credit cards that will severely restrict or eliminate several practices such as double cycle-billing, universal default, and raising the interest rate on current balances. The rules will not go into effect until July 2010 but credit card issuers will start preparing for the changes now.
It is good [...]
Discover 5% CashBack Categories Jan-March 2009
The Discover Card Cashback category for the next quarter is travel. This includes airlines, hotels, car rentals, and cruises. Just pay using your Discover Card and earn 5% Cashback Bonus on up to $800 in these purchases from January 1 through March 31. You need to sign up at the Discover website to qualify for [...]
Credit Card Companies React to Bad Economy
It seems that the credit card companies are reacting to the bad economy and the tight credit market. It is much tougher to get a 0% balance transfer deal with no fees or a low fee cap than it used to be. Many credit card companies have removed the fee cap completely and/or aren’t offering [...]
Choosing a Reward Credit Card
There are several different things to consider when choosing a rewards credit card. There is no one reward card that is best for everybody. The best reward credit card for you depends on several factors that are unique to you.
One thing you will want to do when choosing a rewards credit card is to look [...]
