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Credit Cards

  • Need more spending power? Here's how to raise your credit limit
    Published: Jun 20, 2016

    There are plenty of good reasons you may need a higher limit on your credit card. You could be using your personal rewards credit card to pay for reimbursable business expenses, but your limit might not quite cover your monthly cost. Perhaps you are planning to self-finance a major purchase, such as a home appliance with ...

  • 4 sneaky ways social media can wreck your finances
    Published: Aug 6, 2015

    Social media is everywhere, isn't it? You've probably checked the feed on at least one of your social media accounts already today, particularly if you're one of the roughly 936 million daily active users of Facebook. Just like most ordinary parts of life, though, there are a few ways that social media can get you into ...

  • Should you trust your teen with a credit card?
    Published: Jul 16, 2015

    There are a lot of firsts when it comes to raising a teen - first date, first time behind the wheel … first credit card? "Credit cards get a bad rep, but that's often because (adults) don't use them responsibly," says Paul Golden of the National Endowment for Financial Education. "They're actually a great financial-planning and ...

  • Is paying an annual fee on a credit card worth it?
    Published: May 13, 2015

    One of Leslie Tayne's go-to credit cards is an American Express that carries an annual fee. This might sound like a big no-no to many. Why pay when so many credit cards offer low interest rates and generous rewards programs without charging an annual fee? But Tayne, founder of Tayne Law Group PC, a New York-based law ...

  • First credit card? Use it wisely
    Published: Mar 23, 2015

    Congratulations, you just got approved for your first credit card! When used properly, credit cards can be a great spending tool. But there are plenty of ways new cardholders can get carried away and make poor financial decisions that will affect them for years to come. We interviewed Kate Walker, vice president for finance and ...

  • What is late-payment forgiveness?
    Published: Mar 18, 2015

    Miss a credit card payment and you know what happens: You get hit with a late fee and your interest rate soars. But what if that didn't have to happen? What if your credit card waived your late payment and didn't charge a penalty rate? This isn't as unusual as you might think. Multiple issuers now advertise ...

  • 10 credit card benefits you might not know about
    Published: Mar 11, 2015

    While you probably know which of your credit cards gives you the best cash-back rewards and you vaguely recall that you're eligible for car-rental insurance, not everyone truly understands the multitude of benefits offered by their plastic. "It's easy to forget that you have these perks or not be aware of them in the first place ...

  • 5 signs you aren't ready for a rewards credit card
    Published: Feb 10, 2015

    Rewards cards, when used properly, can be a great spending tool -- who doesn't love the idea of earning miles, points or cash back for their purchases? The truth is, rewards credit cards aren't for everyone, and it's important to really do your homework before applying for one of these credit cards. Here are five ...

  • When credit cards change, what does it mean for you?
    Published: Dec 2, 2014

    As a credit card user, at one time or another, you may receive notice that your account is going to change, and a new card is on its way to you. The letter or email will assure you that even though your Visa may turn into a MasterCard, or the name of the bank is ...

  • How to host a holiday party without killing your budget (or credit)
    Published: Nov 18, 2014

    Overspending can really be a buzzkill to the joy and spirit of the holiday season, and it's a pretty common problem. While most people think of gifts and travel when they think of holiday spending, WisePiggy's recent poll found that food and beverage are a significant part of holiday spending, too, with 44.48 percent of ...