Do you remember the last time you got any credit card reward? You surely must have saved it somewhere because it is related to money. This happens a lot when you get any meager rewards. A lot of take their credit card rewards seriously as they can’t be earned and it is really surprising when you get one. You attitude can change the way save money and you won’t be going in debt like you were going before. I am blogging about some tips for inflating credit card rewards but let me warn you that they will only work if you sticking to them well. Let me give an example of the recent incident when the credit card companies (or banks behind scenes) were running after to people with an offer for a credit card. They were offering a credit card to every Tom, Dick, and Harry who entered their neighborhood.  [...]

Once you have filed for bankruptcy, you will not have the right of owning your credit cards anymore. This is because filing for bankruptcy will result in erasing all your debts and thus the credit card companies will possibly cancel all your cards. This means you will have to build your credit score from 0. The most tried and tested way of building credit score after a bankruptcy is by using a new credit card. Below we have discussed some tips of using credit cards for building a credit score after filing for bankruptcy. Once all the formalities of filing for bankruptcy are completed, apply for a secured credit card. As you have declared yourself as a bankrupt, you are unlikely to get the standard, unsecured credit card from any financial institution or bank. However, you will definitely  [...]

The Charles Schwab Credit Card has since been discontinued by Schwab, but let’s try and scratch the surface and see what made this card tick. The Charles Schwab Credit Card was an effort by Schwab to try and get as many accounts to their fold as they possibly could. This gave birth to a card that was in essence a cash rebate credit card. What that meant is that all of your rebates get accumulated straight into your Schwab account. Let’s now look at some numbers instead of going on about what the card was all about in the first place. For every dollar that was spent on the card, the Charles Schwab Credit Card gave its cardholder a 2% cash rebate. And that amount of rebates that could be earned were potentially unlimited. Any rebates that are earned are automatically put into the Schwab  [...]

If you're a regular traveler on British Airways, perhaps it is time for you to avail of the British Airways credit card and maximize your miles and flying experienced with the renowned airline from ol' blighty. You should know though that there is an annual fee of $75 levied on the British Airways credit card, and this fee is pretty much par for the course for almost any kind of rewards credit card, but it's still something you should know. Better be informed rather than being surprised by any charges that pop up on your statement some time later, right? If you're considering shifting from your current credit card company to the British Airways credit card for maximum joy, know that they will charge 4.9% interest on all balance transfers and purchases for the first five months of the credit  [...]

If your credit score is in the region of 720 or more, I think you would have been flooded with offers and preapprovals to take 0 apr credit cards from some credit card company or the other. Most of these offers boast the fact that they have 0% annual percentage rates on new purchases and balance transfers and they offer this for a period as long as 21 months. These offers for 0 apr credit cards are expected to become increasingly common as delinquency rates drop still further. It has already dropped from the 26% it was a year ago and it continues to fall all the time. In an effort to boost it even further, credit card companies are doing everything short of giving away the card and paying you to use it. A staggeringly high 71% of credit card mail offers rock bottom introductory APR's on  [...]

Listen closely to the rabble of the masses. “Credit cards are evil!” “They make tons of money at everyone’s expense…those Nazi’s!!” There are two sides to every argument, and while there is merit to claims that credit cards are the scourge of mankind, I prefer to look at it this way. Credit cards are like loaded guns, and they are only dangerous when you don’t know how to use them properly or safely. Let’s get real and dispense with the witch-hunts. Yes, credit card companies can be greedy and try to make profits, sometimes inordinate amounts, but which for-profit company doesn’t try to do likewise? Hollywood is a money making machine (have you seen the charges levied for popcorn in a movie theater? Now that’s ridiculous) but you don’t see them being hated on  [...]

Until you don’t have a plan, managing credit cards and its debt would always be a daunting task for you. With some basic steps, you can be tackle your financial problems easily and be on the top of your finances. If you intend to negotiate with card providers, you will have to build a reputation first. Keep a track of all your credit cards, current interest rate (including promotional rates and when it would end), total balance, and so on. To build a reputation, you have to: Handle Your Credit Pay Bills on Time Regularly If you make payments on time, gradually, you will improve your credit score, which can help you avail lower interest rates. You will be in a better position while negotiating rates with card providers. If you can’t manage to make payments on time, make it automated.  [...]

When you are buried under debt up to your nose, you just want to get out of it. But you have tried all old methods, and they aren’t just working anymore. That’s when you a new bunch of ideas, to get rid of your credit card debt. Here are few of them: Get a Scissor and Cut All Your Card Into Small Pieces Yes, do it. Even if you have accumulated many airline points or have rebates on usage. Just cut them, and make sure the pieces are too small to glue it up again. Most of the times, we aren’t able to repay our debts simply because we keep accumulating additional debt. Closing down these accounts may harm your computer, but not as much as it’s harming now due to non-payment of your debts. Slip a Note in Your Wallet If cutting up all your cards seems too impractical, put a note in your  [...]

While shopping online, it's quite easy to click instantly on 'Submit' or 'Order' button, and splurge money on things that we might not use later. Even if I ask you to stop spending on useless things, I know you wouldn't. And it' s completely okay, even I do it sometimes. However, simply delaying your shopping process by few minutes can save you more money. Here are few quick ways to shrink your online shopping bill, and save some dollars per transaction. 1.    Get Coupons Using coupons for online shopping can save a great deal of money, if used properly. Before you start looking for items you want to purchase, you can go through the following sites and check if any coupons are available related to your purchase. SlickDealz.net This is a forum that shares coupons and news related  [...]