Credit Card Guides

A credit limit is the maximum amount you can spend on a credit card. Issuers determine this limit based on factors such as your income, credit score, debt-to-income ratio and payment history. They also periodically review how you use your credit card accounts to assess whether you’re eligible for a higher credit limit. If your […]

People with poor credit often do not know where to begin when they are looking for a credit card. They may think that their choices are as limited as their credit and that they will have to pay high fees for any credit card available to customers whose credit has taken a beating. But this […]

You may have heard the term secured credit card and not known what it meant. Is it a regular credit card, a store credit card, or a special credit card? If you’ve ever wondered what a secured credit card is or why anyone needs one, read on. This article will explain all you need to […]

One of the best things about using credit cards is getting cash back. Most cash back credit cards give a minimum of 1% cash back on all purchases, with 5% back in rotating categories each quarter. Some give 2% or 3% in a certain spending category, such as gas and restaurants, all year round. But […]

A recent survey from JD Power and Associates showed that 41% of people don’t completely understand their credit card’s reward system. If you are one of them, keep reading. If your credit card offers rewards and you aren’t using them, you could be missing out on cash back, frequent flyer miles, free nights at a […]

If you get outside every morning for a daily walk, get to the gym a few times a week, and eat healthy, you are probably in good shape. Taking care of your finances is just as important as taking care of your body. A good credit score is as vital to well being as a […]

Many people are concerned with getting the lowest possible APR on their credit cards. After all, the lower your APR—Annual Percentage Rate—the less you will pay in interest if you carry a balance from month to month. The good news is, you can get the low APR you want if you know how. Credit cards […]

They flood your mailbox. Your bank calls and offers them to you. They even pop up on your computer screen while you surf. I’m talking, of course, about balance transfer offers. If you have good credit, odds are you are bombarded with them from every credit card you carry. If you have debt, you may […]

No one likes to pay more for something than they have to—especially when the thing they are paying is credit card fees.

A lot is riding on your credit score. Whether or not you get approved for a loan or a credit card, what interest rate you qualify for on your mortgage—maybe even whether or not you get that job you applied for. But many people don’t really know how their credit score is calculated. They just […]

Secured credit cards sometimes get a bad rap. If you are in the market for one, you might hear that they charge high fees, have unethical practices like requiring cardholders to purchase insurance policies, or prey on people with bad credit simply to make money. Are these things really true? Let’s look at some commonly […]