VISA http://www.wisebread.com/taxonomy/term/1063/all en-US Best Visa Credit Cards http://www.wisebread.com/best-visa-credit-cards <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-visa-credit-cards" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_87570393_LARGE.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>Visa is one of the world's largest payment networks, and holding a card with the Visa logo virtually guarantees acceptance anywhere in the world that credit cards can be used. Now, Visa is even <a href="http://www.wisebread.com/the-new-costco-anywhere-visa-card-by-citi-is-good-news-for-costco-shoppers?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=5x">accepted at Costco</a>! Cards with the <a href="http://www.wisebread.com/primer-on-visa-signature-credit-cards-all-the-benefits-that-come-with-your-card?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=5x">Visa Signature logo</a> offers exclusive benefits like roadside assistance and concierge services. If you&rsquo;re looking for a Visa card, here are the best Visa credit cards currently available.</p> <h3>Bank of America&reg; Travel Rewards Credit Card</h3> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" src="http://www.yceml.net/0832/12994368-1501687527833" width="154" height="97" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target="_blank" title="BankAmericard Travel Rewards&reg; Credit Card" alt="BankAmericard Travel Rewards&reg; Credit Card" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=232&amp;pid=108&amp;pp=1&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>Earn 1.5 points for every dollar you spend with the <a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=108&amp;pp=1&amp;uv=xname">Bank of America&reg; Travel Rewards Credit Card</a>. Get an additional 10% point bonus if you have an active checking or savings account with Bank of America&reg;. Use your points for a statement credit to pay for flights, hotels, vacation packages and more with no blackout dates and restrictions. There&rsquo;s currently an online bonus offer for 20,000 points if you make $1,000 or more in purchases in the first 90 days. This card has no annual fee and no foreign transaction fees.</p> <p><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=108&amp;pp=1&amp;uv=xend"><strong>Click here to learn more and apply for the Bank of America&reg; Travel Rewards Credit Card today!</strong></a></p> <h3>Chase Sapphire Preferred&reg; Card</h3> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" src="http://www.imgsynergy.com/191x120/chase-sapphire-preferred-card-110716.png" alt="" width="154" height="97" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target=" rel=" href=" http://ct.wisebread.com/click.php?pg=232&amp;pid=38&amp;pp=2&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>The <a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=38&amp;pp=2&amp;uv=xname">Chase Sapphire Preferred&reg; Card</a>&nbsp;is an outstanding travel rewards card that offers 2X points on travel and dining at restaurants and 1 point per dollar spent on all other purchases worldwide. Points are earned in Chase's Ultimate Rewards program and can be redeemed for one cent each as cash back or gift cards, or 1.25 cents each towards travel reservations made through Chase's Ultimate Rewards travel center. Or, rewards can be transferred to airline miles or hotel points with 11 different travel partners. In addition, as a new cardholder, you can earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 in travel when you redeem through Chase Ultimate Rewards&reg;. There is a $95 annual fee for this card that's waived the first year, and no foreign transaction fees.</p> <p><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=38&amp;pp=2&amp;uv=xend"><strong>Click here to learn more and apply for the&nbsp;Chase Sapphire Preferred&reg; Card today!</strong></a></p> <h3>Bank of America&reg; Cash Rewards Credit Card</h3> <p><img src="http://www.yceml.net/0835/12994371-1501687529206" alt="" class="img-exempt" style="float:right;margin:0 5px 5px 10px;" width="154" height="97" border="0" /><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=106&amp;pp=3&amp;uv=xcardbutton" rel="nofollow" title="BankAmericard Cash Rewards&trade; Credit Card" alt="BankAmericard Cash Rewards&trade; Credit Card" target="_blank" style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" class="img-exempt img-button" alt="" /></a>If you are looking for a Visa card that offers cash back, then consider the <a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=106&amp;pp=3&amp;uv=xname">Bank of America&reg; Cash Rewards Credit Card</a>. It offers 2% cash back at grocery stores and wholesale clubs and 3% cash back on gas for the first $2,500 in combined grocery, wholesale club and gas purchases each quarter. One percent cash back is earned on all other purchases, and cardholders can get a 10% customer bonus every time they redeem their cash back into a Bank of America&reg; checking or savings account. There is no annual fee for this card.</p> <p><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=106&amp;pp=3&amp;uv=xend"><strong>Click here to learn more and apply for the Bank of America&reg; Cash Rewards Credit Card today!</strong></a></p> <!--<h3>Chase Freedom Unlimited&reg;</h3> <p><img src="http://www.imgsynergy.com/191x120/chase-freedom-unlimited-072116.png" alt="" class="img-exempt" style="float:right;margin:0 5px 5px 10px;" width="154" height="97" border="0" /><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=130&amp;pp=4&amp;uv=xcardbutton" target=" rel=" style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" class="img-exempt img-button" alt="" /></a>Get unlimited 1.5% cash back on every purchase with <a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=130&amp;pp=4&amp;uv=xname">Chase Freedom Unlimited&reg;</a>. New cardholders get $150 bonus after spending $500 in the first 3 months. Cash back can be redeemed at any time with no minimum requirements. There is no annual fee for this card.</p> <p><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=130&amp;pp=4&amp;uv=xend"><strong>Click here to learn more and apply for the&nbsp;Chase Freedom Unlimited&reg; card today!</strong></a></p>--><!--<h3>Chase Freedom Unlimited&reg;</h3> <p><img src="http://www.imgsynergy.com/191x120/chase-freedom-unlimited-072116.png" alt="" class="img-exempt" style="float:right;margin:0 5px 5px 10px;" width="154" height="97" border="0" /><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=130&amp;pp=4&amp;uv=xcardbutton" target=" rel=" style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" class="img-exempt img-button" alt="" /></a>Get unlimited 1.5% cash back on every purchase with <a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=130&amp;pp=4&amp;uv=xname">Chase Freedom Unlimited&reg;</a>. New cardholders get $150 bonus after spending $500 in the first 3 months. Cash back can be redeemed at any time with no minimum requirements. There is no annual fee for this card.</p> <p><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=130&amp;pp=4&amp;uv=xend"><strong>Click here to learn more and apply for the&nbsp;Chase Freedom Unlimited&reg; card today!</strong></a></p>--><h3>Capital One&reg; Venture&reg; Rewards Credit Card</h3> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" src="http://imgsynergy.com/product_creatives/9cac7606371ffe30a1bd49c860235e9c.png" alt="" width="154" height="97" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target="_blank" title="Capital One&reg; Venture&reg; Rewards Credit Card" alt="Capital One&reg; Venture&reg; Rewards Credit Card" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=232&amp;pid=26&amp;pp=5&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>The <a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=26&amp;pp=5&amp;uv=xname">Capital One&reg; Venture&reg; Rewards Credit Card</a>&nbsp;offers 50,000 bonus miles, worth $500 travel statement credits, after spending $3,000 on purchases within 3 months from account opening. Cardholders earn unlimited 2x miles for every purchase, and each mile is worth one cent towards travel reservations such as airfare, hotels, car rentals and cruises. There is a $95 annual fee for this card that's waived the first year, and no foreign transaction fees.</p> <p><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=26&amp;pp=5&amp;uv=xend"><strong>Click here to learn more and apply for the&nbsp;Capital One&reg; Venture&reg; Rewards Credit Card today!</strong></a></p> <h3>Chase Slate&reg;</h3> <p><img src="http://imgsynergy.com/product_creatives/4470d7d236c1b456ae7828402033efb2.png" class="img-exempt" style="float:right;margin:0 5px 5px 10px;" alt="" width="154" height="97" border="0" /><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=39&amp;pp=6&amp;uv=xcardbutton" rel="nofollow" title="Chase Slate&reg;" alt="Chase Slate&reg;" target="_blank" style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" class="img-exempt img-button" alt="" /></a>If you're more interested in avoiding interest charges than earning rewards, then the <a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=39&amp;pp=6&amp;uv=xname">Chase Slate&reg; card</a>&nbsp;might be for you. This card offers new applicants 15 months of interest free financing on both new purchases and balance transfers, with variable APR of 15.99%-24.74% after the intro period. In addition, it's one of the only cards that offers an interest free promotional period on transfers without a balance transfer fee. There is no fee for transfers completed within 60 days of account opening. Another benefit is a free monthly FICO score. There is no annual fee for this card.</p> <p><a href="http://ct.wisebread.com/click.php?pg=232&amp;pid=39&amp;pp=6&amp;uv=xend"><strong>Click here to learn more and apply for the&nbsp;Chase Slate&reg; card today!</strong></a></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/jason-steele">Jason Steele</a> of <a href="http://www.wisebread.com/best-visa-credit-cards">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-0-balance-transfer-credit-cards">The Best 0% Balance Transfer Credit Cards</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/top-5-travel-reward-credit-cards">The Best Travel Reward Credit Cards</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-cash-back-credit-cards">The Best Cash Back Credit Cards</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-secured-credit-cards">The Best Secured Credit Cards</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">The Best Credit Cards for Groceries</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards best credit cards VISA Mon, 05 Sep 2016 10:30:10 +0000 Jason Steele 1775972 at http://www.wisebread.com What's the Difference Between MasterCard and Visa Credit Cards? http://www.wisebread.com/whats-the-difference-between-mastercard-and-visa-credit-cards <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/whats-the-difference-between-mastercard-and-visa-credit-cards" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/17274752.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Have you ever wondered why some credit cards are part of the Visa payment network and some are with MasterCard. Sure, there are other competitors such as American Express and Discover, but Visa and MasterCard dominate the market with approximately 70% of the credit card purchase volume. But for credit card users what's the difference?</p> <p>Answer: not much</p> <p>For most purposes, it matters little to cardholders whether their card has the MasterCard or the Visa label on it. Both are accepted at tens of millions of merchants, at over two million ATM locations and in more than 200 million countries.</p> <h2>When Does It Matter?</h2> <p>On rare occasions, you might find a retailer somewhere that only accepts either Visa or MasterCard. For example, <a href="http://www.wisebread.com/the-new-costco-anywhere-visa-card-by-citi-is-good-news-for-costco-shoppers?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">Costco&rsquo;s new partnership with Visa</a> means that only Visa credit cards will be accepted at Costco stores. More likely is that you might want to take advantage of some of the specific cardholder benefits offered by Visa or MasterCard. When a product manager at a credit card issuer designs a credit card, it chooses to participate in the Visa or MasterCard program, or with a competing payment network. And when it chooses Visa or MasterCard, it gets to pick benefits from a menu of options including things like travel insurance and purchase protection. (See also: <a href="http://www.wisebread.com/4-surprising-reasons-to-always-use-your-credit-card?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">4 Surprising Reasons to Always Use Your Credit Card</a>)</p> <p>For example, most Visa cards offer some form of <a href="http://www.wisebread.com/what-does-car-rental-insurance-really-cover-on-your-credit-card?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">rental car insurance</a> and <a href="http://www.wisebread.com/how-to-take-advantage-of-free-extended-warranty-from-your-credit-card-issuer?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">extended warranty coverage</a>, but not all do. Many <a href="http://www.wisebread.com/5-best-cash-back-credit-cards?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">rewards credit cards</a> that are part of the Visa payment network are also part of the <a href="http://www.wisebread.com/primer-on-visa-signature-credit-cards-all-the-benefits-that-come-with-your-card?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">Visa Signature program</a>, which offers a range of benefits including concierge service, shopping discounts, and travel deals. (See also: <a href="http://www.wisebread.com/10-awesome-credit-card-perks-you-didnt-know-about?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=cc_article">13 Awesome Credit Card Perks You Didn&rsquo;t Know About</a>)</p> <p>Nevertheless, the same is also true with cards that participate in the MasterCard payment network. A basic MasterCard might offer rental car insurance and few other features while a <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">premium travel rewards card</a> will likely be a part of their World or World Elite MasterCard programs, which offers its own list of premium services.</p> <h2>What to Focus on When Choosing a Card</h2> <p>MasterCard and Visa compete so closely with each other, that they end up offering benefits that are largely equivalent. Some credit card users might examine these benefits and find advantages of one over the other, but few of these differences apply to most cardholders. It's much more likely that the real reason for choosing one card over another will be its terms and conditions including the <a href="http://www.wisebread.com/5-best-sign-up-bonuses-for-airline-miles-credit-cards?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">sign-up bonus</a>, <a href="http://www.wisebread.com/best-credit-cards-for-everyday-purchases?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">rewards for everyday spending</a>, and other benefits not provided by the payment network.</p> <p>For example, an <a href="http://www.wisebread.com/5-best-co-branded-airline-credit-cards?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">airline rewards card</a> may offer features such as a free checked bag or priority boarding which are benefits provided by the airline, not the payment network. Likewise, cash back rewards are offered by the card issuer, not Visa or MasterCard. And of course, you should always consider fees such as the <a href="http://www.wisebread.com/the-5-best-credit-cards-with-annual-fees?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">annual fee</a> and any <a href="http://www.wisebread.com/smarter-security-and-no-foreign-transaction-fees-the-best-credit-cards-to-use-while-on-vacation?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">foreign transaction fees</a>, which will be imposed by card issuers, not payment networks. (See also: <a href="http://www.wisebread.com/ask-these-7-questions-to-help-choose-the-perfect-credit-card?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=cc_article">Ask These 7 Questions to Help Choose the Perfect Credit Card</a>)</p> <p>By understanding the differences between Visa and MasterCard, or lack thereof, you can look past the payment networks and focus on more important aspects of <a href="http://www.wisebread.com/cash-back-vs-travel-rewards-pick-the-right-credit-card-for-you?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">choosing a credit card</a>.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/jason-steele">Jason Steele</a> of <a href="http://www.wisebread.com/whats-the-difference-between-mastercard-and-visa-credit-cards">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/debit-or-credit-which-one-should-you-choose-at-the-checkout">Debit Or Credit? Which One Should You Choose At The Checkout?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/security-breach-puts-50000-credit-card-holders-at-risk">Security Breach Puts 50,000 Credit Card Holders at Risk</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/theres-no-good-reason-not-to-get-the-amazoncom-rewards-visa-credit-card">There&#039;s No Good Reason Not to Get the Amazon Rewards Visa Signature Card</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/citi-platinum-select-aadvantage-world-mastercard-review">Travel with Comfort and Ease: Citi / AAdvantage Platinum Select World Elite Mastercard</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/best-visa-credit-cards">Best Visa Credit Cards</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards MasterCard VISA Thu, 14 Jul 2016 10:31:09 +0000 Jason Steele 1710057 at http://www.wisebread.com There's No Good Reason Not to Get the Amazon Rewards Visa Signature Card http://www.wisebread.com/theres-no-good-reason-not-to-get-the-amazoncom-rewards-visa-credit-card <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/theres-no-good-reason-not-to-get-the-amazoncom-rewards-visa-credit-card" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/000018711996.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Amazon.com offers nearly any type of purchase imaginable, from books and music, to food, electronics, and clothing. It has become the one stop shop for anything you need. The Amazon Rewards Visa Signature Card awards valuable rewards for not only your Amazon.com purchases, but also for gas, drugstore, and restaurant purchases. If you are an Amazon.com shopper and want to earn rewards on other everyday purchases that can decrease your balance at checkout, the Amazon Rewards Visa Signature Card is a great card to have on hand.</p> <h2>How This Card Works</h2> <p>The Amazon Rewards Visa Signature Card awards points that can be redeemed for Amazon.com purchases or cash back. Purchases made at Amazon.com earn 3% back. Additionally, get 2% back for purchases made at gas stations, drugstores, and restaurants, and 1% back for all other purchases. Amazon Prime members can qualify for 5% back on Amazon.com purchases.</p> <h2>Pros</h2> <p><strong>Earn up to 5% cash back.</strong> Besides the 2% you earn from everyday type purchases made at gas stations, restaurants, and drug stores, you earn 3% on Amazon.com purchases (which covers Amazon Fresh, Amazon.com gift cards, and even your Amazon prime subscription). Even better, if you are an Amazon Prime member, you can qualify for 5% cash back on your Amazon.com purchases. There are very few rewards cards which award bonuses on such a wide variety of purchases, especially without any quarterly or annual caps.</p> <p><strong>Easy redemption of rewards.</strong> You don't have to wait yearly to receive your cash back and you have a variety of options to choose from for redemption. The easiest is to use your points directly at Amazon.com checkout.</p> <p><strong>No foreign transaction fees. </strong>Not a lot of cards with no annual fees offer $0 foreign transaction fees. You can bring this card with you while you travel abroad, or make purchases on foreign websites and not get dinged with a transaction fee.</p> <h2>Cons</h2> <p><strong>Best for Amazon.com shoppers.</strong> You will earn the most from the card if you frequently shop with Amazon.com. It you're looking for a card with rewards for restaurants, gas stations, or drug stores, there can be other cards more suitable. (See also: <a href="http://www.wisebread.com/the-5-best-credit-cards-for-dining-out?ref=review">Best Credit Cards for Dining Out</a> and <a href="http://www.wisebread.com/5-best-gas-rewards-credit-cards?ref=review">Best Credit Cards for Gas Purchases</a>)</p> <h2>Who This Card Is Best For</h2> <p>The Amazon Rewards Visa Signature Card is best for those who shop regularly at Amazon.com (especially Amazon Prime members), and whose budget includes gas, drugstore, and restaurant expenses.&nbsp;</p> <p><span style="font-size: 13px;">Info about the Amazon Rewards Visa Signature Card from Chase has been collected independently by Wise Bread. The issuer did not provide the details, nor is it responsible for their accuracy.</span></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/christina-majaski">Christina Majaski</a> of <a href="http://www.wisebread.com/theres-no-good-reason-not-to-get-the-amazoncom-rewards-visa-credit-card">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/debit-or-credit-which-one-should-you-choose-at-the-checkout">Debit Or Credit? Which One Should You Choose At The Checkout?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-store-credit-card-target-redcard">The Best Store Credit Card: Target REDcard</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/barclaycard-visa-with-apple-rewards-credit-card-review">Barclaycard Visa with Apple Rewards Credit Card Review</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/upromise-world-mastercard-credit-card-review">Upromise World MasterCard Credit Card Review</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/a-new-rewards-card-partnered-with-tons-of-retailers-the-plenti-credit-card-from-amex">A New Rewards Card Partnered With Tons of Retailers: The Plenti Credit Card From Amex</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards Shopping Amazon.com credit card reviews VISA Thu, 17 Sep 2015 04:44:58 +0000 Christina Majaski 1545952 at http://www.wisebread.com Security Breach Puts 50,000 Credit Card Holders at Risk http://www.wisebread.com/security-breach-puts-50000-credit-card-holders-at-risk <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/security-breach-puts-50000-credit-card-holders-at-risk" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/safety-first-warning.jpg" alt="Security Breach Puts 50,000 Credit Card Holders at Risk" title="Security Breach Puts 50,000 Credit Card Holders at Risk" class="imagecache imagecache-250w" width="250" height="172" /></a> </div> </div> </div> <p>A security breach at Global Payments Inc., a third-party U.S. based processor, may have compromised <a href="http://online.wsj.com/article/SB10001424052702303816504577313411294908868.html">50,000</a> Visa and MasterCard cardholder accounts. According to <a href="http://www.zdnet.com/blog/btl/warning-over-massive-mastercard-visa-security-breach/72829">ZDNet</a>, both Visa and MasterCard have sent out non-public alerts to banks notifying them of the breach.</p> <p><a href="http://krebsonsecurity.com/2012/03/mastercard-visa-warn-of-processor-breach/">Krebs on Security</a> reported that the breach was first detected by Global Payments in early March. The accounts were compromised between January 21st and February 25th 2012. The information obtained in the breach could be used to make counterfeit cards. It is unknown whether or not banks will issue new cards to cardholders as a result of the breach.</p> <p>Affected banks have begun analyzing transactions on the potentially affected cards in an attempt to find common points of purchases. So far, the transactions of the cards that have been analyzed seem to share the characteristic that they were used in parking garages in the New York City area.</p> <p>Visa has released information saying that the breach is being investigated by the Secret Service as well as an unidentified forensics company. The investigation is still in its early stages. Visa and MasterCard have both stated that their networks were not compromised as a result of the breach.</p> <p>If you use a Visa or MasterCard credit card, you may be affected by this breach. The good news is that most credit cards have fraud protection, so even if you are affected by this security breach, you most likely will not be affected by fraudulent charges if you catch them early enough.</p> <p>Make sure you spend some time this weekend checking your credit card statements either online or by phone to see if there has been any unusual activity going on. If there has been, get in touch with your credit card company ASAP!</p> <p>Additionally, if you have yet to get your free credit report this year, get your <a href="http://www.ftc.gov/bcp/edu/microsites/freereports/index.shtml">free annual credit report</a> to make sure there are no discrepancies on your report.</p> <p>Be sure to share this article with your family and friends via Facebook, Twitter, and email so they know about the security breach and can check their credit card statements to make sure they were not affected.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/security-breach-puts-50000-credit-card-holders-at-risk">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/debit-or-credit-which-one-should-you-choose-at-the-checkout">Debit Or Credit? Which One Should You Choose At The Checkout?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/best-of-personal-finance-credit-where-credit-is-due-edition">Best of Personal Finance: Credit Where Credit Is Due Edition</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/whats-the-difference-between-mastercard-and-visa-credit-cards">What&#039;s the Difference Between MasterCard and Visa Credit Cards?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/are-debit-cards-as-safe-as-credit-cards">Debit Cards vs. Credit Cards: Fees and Fraud Protection</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/top-seven-reasons-why-i-use-my-credit-card-for-everything">Top 7 Reasons Why I Use My Credit Card for Everything</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards banking credit cards MasterCard security breach VISA Fri, 30 Mar 2012 22:10:52 +0000 Ashley Jacobs 915072 at http://www.wisebread.com Debit Or Credit? Which One Should You Choose At The Checkout? http://www.wisebread.com/debit-or-credit-which-one-should-you-choose-at-the-checkout <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/debit-or-credit-which-one-should-you-choose-at-the-checkout" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/3323417297_154f5f66b3_z.jpg" alt="card" title="card" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>It&rsquo;s a question I&rsquo;m asked at least a few times a day when I use my check card, usually by one of those little card-reading machines (although sometimes, an actual living person asks, too). Being someone who hates the word &ldquo;credit&rdquo; I have always opted for &ldquo;debit&rdquo; and proceeded to enter my PIN number. But have I been doing it all wrong?</p> <p>Most of us carry a check card these days. More convenient than checks, and safer than cash, the check card allows a vendor to take money from your checking account and deposit it in their own. And it&rsquo;s quick. Often, you&rsquo;ll see transactions appear on your online bank statement minutes after you have swiped the card.</p> <p>Now, when you&rsquo;re at the checkout of any store, you&rsquo;ll be posed a question &mdash; <a title="Guide to Using Credit Cards Wisely" href="http://www.wisebread.com/credit-card-guide">debit or credit</a>? And although the outcome seems the same (a deduction from your checking account), it&rsquo;s a different process with different consequences, and it uses two different networks. (See also: <a href="http://www.wisebread.com/4-ways-to-beat-debit-card-fees">4 Ways to Beat Debit Card Fees</a>)</p> <p>So, let&rsquo;s say you have a Visa check card. Choose credit and you&rsquo;ll be asked to sign for you purchase. All signature transactions go through the Visa network, and come with the additional security offered by credit card companies. That includes fraudulent use protection and Visa&rsquo;s Zero Liability Policy.</p> <p>But stores really don&rsquo;t like this option, which is why they ask you the &ldquo;debit or credit&rdquo; question. And the reason? Banks get a much larger percentage fee from the merchant or vendor when you sign for your goods, and it is an enormous source of non-traditional revenue. That&rsquo;s why banks offer reward points and incentives to check card holders who choose the credit option.</p> <p>On the other hand, when you choose debit, you&rsquo;ll be asked for a 4-digit PIN number. This purchase is then processed through an EFT (Electronic Funds Transfer) system like STAR or NYCE. These networks don&rsquo;t provide the additional liability protection offered by Visa. However, the store won&rsquo;t incur the same hefty fee that they will have to pay if you choose credit, so stores like this option. A reader also asked a question about cash back. Only the debit/PIN# option allows this transaction, and as doing it this way avoids ATM fees, it's a good choice when you do need some cash. And it&rsquo;s possible that more people choosing the debit option will equate to lower prices in stores. I say &ldquo;possible&rdquo; because there&rsquo;s really no way to predict what stores would do with any extra savings&hellip;most likely, they&rsquo;ll get passed on to the shareholders.</p> <p>But whether you choose debit or credit, either method is safer than using cash or writing checks. Lose a check card and you&rsquo;re covered for almost everything you lose (usually there&rsquo;s a $50 out-of-pocket cost) and it&rsquo;s easy to cancel cards and order new ones.&nbsp; When you lose cash, you&rsquo;ll probably never see it again. Checks can be easily altered and they&rsquo;re also time-consuming (just think back to how you felt the last time someone paid by check for a candy bar or bottle of soda).</p> <h3>Back to the big question. Debit or credit?</h3> <p>Me, I&rsquo;m going with the credit option from now on (unless I want <a href="http://www.wisebread.com/5-best-cash-back-credit-cards">cash back</a>). Not only will I enjoy the added protection of something like the Visa Zero Liability Policy, but I can also take advantage of my bank&rsquo;s reward programs and incentive policies. Now, it may not be as good for the store, but that&rsquo;s something merchants and vendors need to negotiate.</p> <h2 style="text-align: center;">Like this article? Pin it!&nbsp;</h2> <p>&nbsp;</p> <p style="text-align: center;"><a href="//www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2Fdebit-or-credit-which-one-should-you-choose-at-the-checkout&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2FDebit%20Or%20Credit-%20Which%20One%20Should%20You%20Choose%20At%20The%20Checkout-.jpg&amp;description=Debit%20Or%20Credit%3F%20Which%20One%20Should%20You%20Choose%20At%20The%20Checkout%3F" data-pin-do="buttonPin" data-pin-config="above" data-pin-color="red" data-pin-height="28"><img src="//assets.pinterest.com/images/pidgets/pinit_fg_en_rect_red_28.png" alt="" /></a> </p> <!-- Please call pinit.js only once per page --><!-- Please call pinit.js only once per page --><script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script></p> <h2 style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/Debit%20Or%20Credit-%20Which%20One%20Should%20You%20Choose%20At%20The%20Checkout-.jpg" alt="Debit Or Credit? Which One Should You Choose At The Checkout?" width="250" height="374" />&nbsp;</h2> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/debit-or-credit-which-one-should-you-choose-at-the-checkout">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/oprah-asks-a-great-question-what-can-you-live-without">Oprah Asks A Great Question; What Can You Live Without?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/regifting-a-simple-how-to-guide">Regifting: A Simple How-To Guide</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-increase-the-chance-of-someone-returning-your-lost-wallet">How to Increase the Chance of Someone Returning Your Lost Wallet</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-stuff-i-try-never-to-buy-new">The stuff I try never to buy new</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/in-times-like-these-separate-the-want-from-the-need">In times like these, separate the want from the need.</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Budgeting Consumer Affairs Credit Cards General Tips Shopping check card credit debit MasterCard transaction VISA Tue, 21 Apr 2009 16:36:07 +0000 Paul Michael 3072 at http://www.wisebread.com Best of Personal Finance: Credit Where Credit Is Due Edition http://www.wisebread.com/best-of-personal-finance-credit-where-credit-is-due-edition <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-of-personal-finance-credit-where-credit-is-due-edition" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/credit cards.jpg" alt="Stacked." title="" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>Welcome to this weeks Best of Personal Finance round-up!</p> <p>Ah, credit. What would we do without it, besides live simpler lives with smaller televisions? </p> <p>We here at Wise Bread are fans of Credit Karma, and we're not alone.<a href="http://frugalbabe.com/2009/03/23/credit-karma/"> Frugal Babe</a> gives the<strong> free credit score service</strong> a try, and reports her findings.</p> <p>Believe it or not, the US government is fighting overdraft fees by reforming some banking legislation that you've never heard of (OK, that I've never heard of). And Uncle Sam is soliciting your feedback on the matter, reports <a href="http://www.usnews.com/blogs/alpha-consumer/2009/3/26/uncle-sam-wants-your-opinion-on-card-fees.html?s_cid=rss:alpha-consumer:uncle-sam-wants-your-opinion-on-card-fees">Alpha Consumer</a>.</p> <p>You might think that only people with lousy finances get their credit limit slashed, but even financially well-off people are finding that credit card companies are willing to take away their credit limits, as <a href="http://www.walletpop.com/credit/article/_a/bbdp/credit-limit-slashed-be-very-afraid/396490">Wallet Pop</a> notes.</p> <p><a href="http://www.fivecentnickel.com/2009/03/20/debt-reduction-vs-retirement-savings/">Five Cent Nickel</a> is asked if one should pay off debt or save for retirement first.</p> <p>WSJ blog <a href="http://blogs.wsj.com/wallet/2009/03/25/bofa-drops-spending-caps-on-upromise-credit-card/?mod=rss_WSJBlog">The Wallet reports that Bank of America is taking over the Upromise credit card</a> (the credit card that supposedly helps parents help save money for their children's college tuition) from Citigroup, and may lift the cash back limits on the card.</p> <p>Even if you have credit cards with zero balance that you aren't using, you don't want to close the accounts, and <a href="http://www.moneyunder30.com/closing-credit-card-accounts-fico-score">Money Under Thirty</a> is here to tell you why.</p> <p>Then again, <a href="http://www.askmrcreditcard.com/creditcardblog/should-you-close-your-credit-card-once-you-pay-it-off/">Ask Mr. Credit Card says that your credit score will probably recover </a>if you simply hate the thought of having old, unused accounts lying around.</p> <p><a href="http://www.thesimpledollar.com/2009/03/25/the-low-interest-debt-debate/">The Simple Dollar </a>explains why taking out a low-interest car loan may be a better idea that paying all of the money upfront in one huge chunk.</p> <p>One of the few good things about AmEx (and other major credit card companies) is their chargeback (refund) policies, which tend to favor the consumer. <a href="http://consumerist.com/5185159/woman-who-missed-obamas-inauguration-starts-10000-amex-chargeback">Consumerist </a>writes about a woman who submitting a chargeback for 10k that she spent to secure a spot at the Presidential inaguration in January, which she never got to see.</p> <p><a href="http://www.richcreditdebtloan.com/9-steps-for-establishing-credit/">Rich Credit Debt Loan</a> discusses how to establish credit, assuming that you are one of the few people left in the world without a line of credit (or a young adult, just starting out in a world of owing).</p> <p>Breaking the credit card habit can be hard, but <a href="http://www.ncnblog.com/2009/03/19/how-to-break-the-credit-card-habit/">No Credit Needed </a>was up to the challenge.</p> <p><a href="http://www.doughroller.net/book-reviews/debt-cures-kevin-trudeau/">Dough Roller </a>looks at Kevin Trudeau's Debt Cures and finds them lacking.</p> <p>What do you do if your credit report shows a delinquent account that you never opened and you can't get the collections agency to talk to you? Readers respond at <a href="http://www.freemoneyfinance.com/2009/03/help-a-reader-credit-report-problem.html">Free Money Finance</a>.</p> <p>And although this is not related to credit cards, it is a blog post simply too awesome to pass up: Trent at The Simple Dollar offers <a href="http://www.thesimpledollar.com/2009/03/26/most-time-management-is-rubbish-here-are-ten-things-that-work-for-me/">honest-to-goodness productivity tips that really work</a>. For him, anyway. See if they work for you.</p> <p>If you have a suggestion for the next edition, please <a target="_blank" href="../../../../../../forums/bloggers-corner/best-web-suggest-link-718.html#post5984">share them in the forum</a>!</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/andrea-karim">Andrea Karim</a> of <a href="http://www.wisebread.com/best-of-personal-finance-credit-where-credit-is-due-edition">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/uk-banks-are-blocking-customers-credit-cards-will-the-usa-be-next">UK banks are blocking customers&#039; credit cards. Will the USA be next?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-dirty-secrets-of-credit-cards">The Dirty Secrets of Credit Cards</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/debunking-8-common-credit-score-myths">Debunking 8 Common Credit Score Myths</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/tips-for-increasing-your-financial-literacy">Tips for Increasing Your Financial Literacy</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/whats-the-best-way-to-get-out-of-debt">What&#039;s the Best Way to Get out of Debt?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Debt Management amex APR credit card interest rates credit cards debit debt finances interest rates loans MasterCard VISA Thu, 26 Mar 2009 22:40:29 +0000 Andrea Karim 2980 at http://www.wisebread.com Debit Cards vs. Credit Cards: Fees and Fraud Protection http://www.wisebread.com/are-debit-cards-as-safe-as-credit-cards <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/are-debit-cards-as-safe-as-credit-cards" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/visa_debit.jpg" alt="visa debit card" title="visa debit card" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Many financial experts suggest <a href="http://www.ncnblog.com/2007/10/19/how-i-live-without-using-credit-cards-my-simple-system-for-living-on-a-budget/">using debit cards</a> instead of <a title="Guide to Using Credit Cards Wisely" href="http://www.wisebread.com/credit-card-guide">credit cards</a> because in theory, you will spend less if you are only paying with money you have.&nbsp;</p> <p>On the other hand, many people are concerned that debit cards may generate overdraft fees and offer less legal protection against unauthorized charges.&nbsp; Are these valid concerns?</p> <p><strong>Overdraft Fees</strong></p> <p>According to <a href="http://www.bankrate.com/brm/news/cc/transcript-debit-or-credit-card-a1.asp">Consumer&rsquo;s Union</a> &quot;a person using a debit card more than 20 times a year pays an average of $223 in bounced check fees. The one who doesn&rsquo;t use a debit card at all pays an average of $40.&quot;</p> <p>You can avoid these fees with some thoughtful planning. Here are some great tips from <a href="http://www.bankrate.com/brm/news/check_card/debit_card_problems_a1.asp">Bankrate.com</a>:</p> <blockquote><p class="rteindent1">Most banks provide &quot;convenience&quot; overdraft protection -- which is basically a high-interest loan to cover the shortfall in the account -- a consumer who's trying to manage money responsibly could get hit with a fee of around $35.</p> <p class="rteindent1">&nbsp;</p> <p class="rteindent1">Be sure to note all debit transactions in your check register and sign up for overdraft protection linked to your savings account to be on the safe side.</p> <p class="rteindent1">&nbsp;</p> <p class="rteindent1">Consumers should also ask their banks in what order payments are made. Ask where you can find information on nonsufficient funds. Most banks manage payments by paying the largest items first and on down to the lowest. If your biggest item overdraws your account, you'll pay an NSF fee for every subsequent check or debit.</p> </blockquote> <p>Keep in mind the average American pays <a href="http://ems.gmnews.com/news/2008/1223/Greg_Bean/">$1,200 a year</a> in credit card interest fees.&nbsp; If you minimize your overdraft fees with the basic precautions listed above, you will most likely pay less fees by using a debit card.</p> <p><strong>Protection Against Fraudulent Charges</strong></p> <p>One of the major benefits of credit cards is that they offer generous protection against unauthorized charges.&nbsp; Under federal law, debit cards do not have the same level of protection as credit cards.&nbsp;</p> <p>However, many debit card issuers are offering extended liability protection to make up for the legal differences.&nbsp; As <a href="http://articles.moneycentral.msn.com/Banking/BetterBanking/DebitCardsAGoodDealGetsBetter.aspx?page=all">MSN pointed out</a>, &quot;in effect, check cards now have the same protections as credit cards.&quot;&nbsp; I wanted to verify this for myself.&nbsp; Since Visa is one of our sponsors I&nbsp;was able to get a very quick response back from their spokesperson:</p> <blockquote><p>Despite the popularity of debit cards, consumers are often confused about the security features and consumer protections debit cards offer. Many of the same features and protections provided by credit cards are also offered with debit cards. It&rsquo;s important to know that Visa debit cards carry the <strong>same protections as Visa credit cards</strong>.</p> <p>&nbsp;</p> <p>All Visa cardholders (prepaid, debit or credit) are protected by <a href="http://usa.visa.com/personal/security/visa_security_program/zero_liability.html">Visa&rsquo;s Zero Liability policy</a>.</p> <p>&nbsp;</p> <p>This policy means you pay nothing if unauthorized purchases are made on either a Visa Check card or credit card when you choose to sign for your transactions. Some issuing financial institutions offer Zero Liability protections for certain PIN debit transactions as well, but the best way to ensure you are protected is to <strong>sign for your purchases</strong>. Visa&rsquo;s Zero Liability policy actually surpasses protections mandated by federal law, which in most cases caps liability at either $50 (for credit) or $500 (for debit).</p> </blockquote> <p><strong>The Verdict</strong></p> <p>Of course, cash is almost always better than debit or credit cards.&nbsp; And as Nora pointed out, there are many <a href="http://www.wisebread.com/top-seven-reasons-why-i-use-my-credit-card-for-everything">great reasons to use credit cards</a> such as building up credit rating and earning reward points.&nbsp; However, if overdraft fees and fraud protection were holding you back from switching to debit cards, perhaps it is time to take a second look.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/will-chen">Will Chen</a> of <a href="http://www.wisebread.com/are-debit-cards-as-safe-as-credit-cards">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-10"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/security-breach-puts-50000-credit-card-holders-at-risk">Security Breach Puts 50,000 Credit Card Holders at Risk</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/never-use-cash-for-these-11-things">Never Use Cash for These 11 Things</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/top-seven-reasons-why-i-use-my-credit-card-for-everything">Top 7 Reasons Why I Use My Credit Card for Everything</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/banks-manipulate-your-transactions-may-charge-you-1750-overdraft-fee">Banks Can Manipulate Your Transactions, Then Charge You 1750% Overdraft Fee</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/pre-approved-for-credit-card-offers-are-you-pre-qualified">Pre-Approved for Credit Card Offers: Are You Pre-Qualified?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards credit cards debit cards fraud interest overdraft fees VISA Tue, 23 Dec 2008 13:33:13 +0000 Will Chen 2670 at http://www.wisebread.com Telemarketers Prank Call Me - 800-266-9420 http://www.wisebread.com/telemarketers-prank-call-me-800-266-9420 <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/telemarketers-prank-call-me-800-266-9420" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/3320044072_3702d641ca.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="250" /></a> </div> </div> </div> <p>Almost immediately after receiving my new VISA card in the mail, I began receiving calls from a number that showed up on my caller ID as 800-266-9420. The first few times, when I answered the calls, there was that weird mechanical pause, the one that tells you that the computer is alerting the telemarketing rep that they've got a live one. I waited patiently, and asked the telemarketer on the other end to tell me how they got my number.</p> <p>They inevitably claimed to be calling on behalf of VISA. They couldn't tell me which VISA card they were talking about. At one point, I claimed not to have a VISA card at all, to which the rep responded &quot;I don't care&quot; and continued babbling from his script about all the rewards that I could earn, if I'd just keep listening to him babble.</p> <p>I hung up.</p> <p class="heading">The Pranking Begins</p> <p>A couple of days later, I began receiving phone calls at the rate of four or five per day from 800-266-9420. When I would pick up, ready to give the telemarketer and earful about my number's presence on the <a href="https://www.donotcall.gov/default.aspx">Do Not Call</a> list, they would hang up on me.</p> <p>I'm not sure if it was retaliation for sure, but it sure felt like it. I had already rebuffed their unwelcome and unsolicited advances several times. And now they were calling at odd hours, in meetings. But they never said a word. The computer waited for my hello, and would then connect to a person (I could hear them breathing) and fnally, they would hang up.</p> <p>I tried calling them back at the number appearing on my caller ID, but only got a busy signal.</p> <p>I'm <a href="http://smallbusiness.yahoo.com/r-answers-a-20070207165356AAj6d7w-k-local+businesses">not alone in this experience</a>. Go ahead and Google the <a href="http://www.complaintsboard.com/complaints/1-800-266-9420-c4746.html">phone number</a> and you'll find <a href="http://whocalled.us/lookup/8002669420">all kinds of rants about it</a>. I wouldn't even be blogging about it, except it started happening to a couple of friends the other day, so I thought I'd go ahead a post a little sum-sump'n on how to get them to stop.</p> <p class="heading">Make It Stop!</p> <p>If this is happening to you, first of all, I'm sorry.</p> <p>Fortunately, someone at <a href="http://whocalled.us/">Who Called</a> has done some sleuthing, and they discovered the number at which the company's managers can be reached.</p> <p>When you call, they will answer with &quot;Corporate&quot;, but the name of the company is allegedly &quot;Platinum Rewards&quot;. I called and explained my situation, and the manager (Roxanne?) apologized and claimed that a computer glitch had caused the repeated calling and hang-ups. She also blamed it on young, inexperienced employees, but I seriously doubt that this is the case. I've had a lot of spam-type calls over the years, and none of them have hung up on me <strong>AFTER</strong> I've said &quot;Hello? Hello? Oh, god, is this one of those stupid....&quot;</p> <p>The managers all seems quite nice, and if you want them to stop calling you, I recommend just calmly explaining your situation to them. Keep in mind that your information was given to them without your permission. Since I've called, I've been phone spam free.</p> <p>It's hard to know how they get your number. I was initally convinced that VISA had sold them my info, but the manager that I spoke to told me that they received the info from &quot;usage&quot; meaning that a third party, such as a hotel that I had stayed at, had sold them the information.</p> <p>That doesn't mean that I'm not filing a complaint against the company with the BBB of Clearwater, FL.</p> <p>Platinum Rewards <br /> 18586 US-19 N<br /> Clearwater, FL 33764</p> <p>I emailed Ben at Consumerist and he mentioned that <a href="https://www.donotcall.gov/Complain/ComplainCheck.aspx">filing a complaint with the Do Not Call site</a> is also an option, although you have to have been on the list for 31 days before you can file.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/andrea-karim">Andrea Karim</a> of <a href="http://www.wisebread.com/telemarketers-prank-call-me-800-266-9420">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/debit-or-credit-which-one-should-you-choose-at-the-checkout">Debit Or Credit? Which One Should You Choose At The Checkout?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/secrets-of-telemarketing-from-an-industry-insider">Secrets of Telemarketing From an Industry Insider</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/unsolicited-phone-calls-how-you-could-unwittingly-change-the-world">Unsolicited Phone Calls: How You Could Unwittingly Change the World</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-will-the-new-credit-card-rules-affect-consumers">How will the new credit card rules affect consumers?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/netspend-the-story-of-the-visa-debit-card-we-did-not-apply-for">netSpend: The Story of the Visa Debit Card We Did Not Apply For</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Consumer Affairs 800-266-9420 8002669420 automated call credit card Do Not Call list phone spam rewards telemarketing VISA Fri, 16 Mar 2007 22:23:36 +0000 Andrea Karim 361 at http://www.wisebread.com