MasterCard http://www.wisebread.com/taxonomy/term/1064/all en-US Travel with Comfort and Ease: Citi / AAdvantage Platinum Select MasterCard http://www.wisebread.com/citi-platinum-select-aadvantage-world-mastercard-review <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/citi-platinum-select-aadvantage-world-mastercard-review" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_airport_travel_000023505392.jpg" alt="Woman at the airport waiting for her flight" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>The promise of <a href="http://www.wisebread.com/5-best-co-branded-airline-credit-cards?ref=review">airline frequent flyer credit cards</a> relies on a premise &mdash; cardholders will actually be able to redeem a reasonable amount of their miles for award flights a reasonable amount of the time. Yet too many airlines have such poor award availability at the lowest mileage levels that customers feel rightfully betrayed by the airlines and the credit cards that offer their frequent flyer miles. On the other hand, the <a href="http://ct.wisebread.com/click.php?pg=100&amp;pid=52&amp;pp=0&amp;uv=sname" target="_blank">Citi&reg; / AAdvantage&reg; Platinum Select&reg; MasterCard&reg;</a> from our partner Citi offers American Airlines miles that are still somewhat easy to redeem.</p> <h2>Why We Like This Card</h2> <ul> <li>30,000 bonus sign-up miles</li> <li>10% reward rebate</li> </ul> <h2>How This Card Works</h2> <p>For each dollar spent, cardholders earn one mile in the American Airlines AAdvantage&reg; program, and double miles on purchases from American Airlines. There is an annual fee of $95, which is waived for the first year.</p> <p><strong>Sign-up bonus</strong>: For a limited time, new cardholders can start off with 30,000 American Airlines AAdvantage&reg; bonus miles after making $1,000 in purchases within the first 3 months of account opening.</p> <p>You can redeem your miles for award flights with American Airlines and other OneWorld airline partners. You also receive a 10% rebate on your award redemptions, up to 10,000&nbsp;AAdvantage&reg; miles each calendar year.</p> <h2>Other Benefits</h2> <p><strong>Travel benefits and protection</strong>. Cardholders receive boarding privileges with Group 1 on American Airlines flights, a 25% savings on eligible in-flight food and beverage purchases when they use their card on American Airlines flights, and their first checked bag is free on domestic American Airlines itineraries for the cardholder and up to four companions traveling on the same reservation. Cardholders will also receive benefits such as extended warranty coverage, lost luggage insurance, and retail purchase protection.</p> <p><strong>World Card Hotel and Resorts Program</strong>. Another special perk for travelers is access to the World Card Hotel and Resorts Program, which has added benefits like best pricing, VIP status, complimentary breakfast, and early check-in.</p> <h2>Costs</h2> <ul> <li>$95 Annual Fee (waived for the first year)</li> <li>15.49% APR</li> <li>3% Balance Transfer Fee ($5 minimum)</li> <li>$0 Foreign Transaction Fee</li> </ul> <p><a href="http://ct.wisebread.com/click.php?pg=100&amp;pid=52&amp;pp=0&amp;uv=sbutton2" target="_top"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" alt="" class="img-exempt" /></a></p> <h2>Pros</h2> <p><strong>AAdvantage program</strong>. The strength of this card comes from the American Airlines AAdvantage frequent flier program, which is one of the best.</p> <p><strong>Easy-to-find award seats</strong>. American Airlines' website efficiently searches for seats on American and many of its other OneWorld partner carriers, and it is much easier to find award seats at the lowest mileage levels than it is with competitors such as Delta.</p> <p><strong>10% redemption rebate</strong>. Because you receive a bonus of 10% of your miles each time you redeem for award flights, up to 10,000 miles per calendar year, it's easy to continuously rack up enough miles for more free flights.</p> <p><strong>Travel benefits</strong>. Furthermore, this card features a healthy number of benefits. Cardholders who have yet to reach elite status in American's program will enjoy free checked bags and priority boarding, as well as reduced mileage awards.</p> <h2>Cons</h2> <p><strong>Annual fee</strong>. Although this card provides different ways to earn miles for award flights, the annual fee may still be a problem if you aren't able to earn enough every year for free flights. If this is a possibility, you may be better off with one of the other American Airlines credit cards available. (See also: <a href="http://www.wisebread.com/which-american-airlines-us-airways-credit-card-should-you-get">Which American Airlines Credit Card Should You Get?</a>)</p> <h2>Who This Card Is Best For</h2> <p>By continuing to offer a valuable frequent flyer program, American Airlines and Citi make this credit card well worth carrying.&nbsp;This is a great card for customers of American Airlines that want to enjoy some additional convenience when traveling. But this card is also a good way to earn miles that cardholders can use for award flights.&nbsp;</p> <p style="text-align: center;"><strong><a href="http://ct.wisebread.com/click.php?pg=100&amp;pid=52&amp;pp=0&amp;uv=send" target="_blank">Click here to learn more and apply for the Citi&reg; / AAdvantage&reg; Platinum Select&reg; MasterCard&reg; today!</a></strong></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/citi-platinum-select-aadvantage-world-mastercard-review">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/be-an-elitist-with-the-citi-aadvantage-executive-world-elite-mastercard">Be an Elitist with the Citi / AAdvantage Executive World Elite MasterCard</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/for-business-travelers-citibusiness-aadvantage-platinum-select-world-mastercard">For Business Travelers: CitiBusiness / AAdvantage Platinum Select World MasterCard</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/citi-hilton-hhonors-visa-signature-card-big-rewards-with-no-annual-fee">Citi Hilton HHonors Visa Signature Card: Big Rewards with No Annual Fee</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-hilton-hhonors-reserve-enjoy-more-free-stays">Citi Hilton HHonors Reserve: Enjoy More Free Stays</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/citi-prestige-card-world-class-benefits">Citi Prestige Card: World Class Benefits</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards Travel aadvantage Citi credit card reviews MasterCard Sat, 17 Oct 2015 05:06:35 +0000 Jason Steele 974367 at http://www.wisebread.com Barclaycard Rewards MasterCard Review: A Promising New Card From an Old Bank http://www.wisebread.com/barclaycard-rewards-mastercard-review-a-promising-new-card-from-an-old-bank <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/barclaycard-rewards-mastercard-review-a-promising-new-card-from-an-old-bank" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/credit-card-5166100-small.jpg" alt="credit card" title="credit card" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>One of the most venerable banks in the world is now offering a rewards credit card to consumers in the United States. The <a target="_blank" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=80&amp;pid=22&amp;pp=0&amp;uv=sname1&amp;fot=1078">Barclaycard Rewards MasterCard&reg;</a> is another in the recent trend of credit card offerings that go back to basics with a straightforward, non-rotating rewards system.</p> <p>Barclaycard promises that the Rewards MasterCard will provide cardholders with extra rewards for the things they buy most every day. Let's take a look at whether or not the Barclaycard Rewards MasterCard lives up to its promises.</p> <h2>How This Card Works</h2> <p>The Barclaycard Rewards MasterCard comes with a straightforward points rewards system. You receive 2x points when you buy gas and groceries (excluding Target and Walmart). You also receive 2x points for utility payments made with your credit card. All other purchases earn 1x points. There is no annual fee. (See also: <a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">Best Credit Cards for Earning Rewards for Groceries</a>)</p> <p>You can redeem your points for deposits to a U.S. checking or savings accoung, statement credits or gift cards, starting at 1,000 points for $10. This system means that you don't have to worry about blackout dates and other restrictions on reward redemption. Points don't expire as long as your account is open, active, and in good standing.</p> <h2>Other Benefits</h2> <p><strong>MasterCard benefits</strong>. This card comes with MasterCard benefits, and you qualify for them depending on which account you end up with. Platinum, World, and World Elite benefits apply, depending on which version of MasterCard you receive as your Barclaycard Rewards MasterCard.</p> <p><strong>Free FICO&nbsp;credit score</strong>. For as long as you're a cardmember, you'll receive complimentary online FICO&nbsp;credit score access, which gives you an easy way to keep an eye on your credit. You can also receive alerts for when your credit score changes. (See also: <a href="http://www.wisebread.com/the-5-best-credit-cards-that-offer-free-credit-scores">Credit Cards with Free Credit Scores</a>)</p> <p><strong>Credit line increase</strong>. After making 5 consecutive on-time payments, your account will be reviewed and you may be eligible for a credit line increase.</p> <h2>Costs</h2> <ul> <li>$0 Annual Fee</li> <li>25.24%* variable APR&nbsp;(purchases and balance transfers); 25.49% variable (cash advance)</li> <li>3%&nbsp;Balance Transfer Fee (or $5, whichever is greater)</li> <li>3%&nbsp;Foreign Transaction Fee</li> </ul> <p><a target="_top" href="http://ct.wisebread.com/click.php?pg=80&amp;pid=22&amp;pp=0&amp;uv=sbutton2&amp;fot=1078"><img class="img-exempt" alt="" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a></p> <h2>Pros</h2> <p><strong>Rewards on everyday purchases</strong>. The main benefit of the Barclaycard Rewards MasterCard is the ability to earn bonus points on everyday purchases like eligible groceries, gas, and utilities. Since you buy gas and groceries on a regular basis, this card rewards you for common purchases, rather than requiring you to go out of your way for entertainment and restaurants to get more points. (See also: <a href="http://www.wisebread.com/the-5-best-credit-cards-for-dining-out">Best Credit Cards for Dining Out</a>)</p> <p><strong>Easy rewards program</strong>. The ease of redeeming rewards, and the fact that there are no blackouts and no limits, makes this program straightforward and easy to deal with.</p> <p><strong>No overlimit or annual fee</strong>. It's also a nice touch that there is no over the limit fee, along with no annual fee.</p> <h2>Cons</h2> <p><b>High APR</b>. The APR is among the highest you'll find with any credit card, which can become expensive if you consistently carry a balance. It's important to make sure you pay your balance in full each month in order to avoid paying high amounts of interest on your purchases. If you typically carry a balance from month to month, it's best to choose the credit card with the lowest APR. (See also: <a href="http://www.wisebread.com/the-best-low-interest-rate-credit-cards">Credit Cards with Low Interest Rates</a>)</p> <p><strong>Foreign transaction fees</strong>. It's also a bit disappointing that there are foreign transaction fees. Many credit cards are moving away from these fees, and one would hope that a bank with an international reputation and presence wouldn't charge foreign transaction fees.</p> <h2>Who This Card Is Best For</h2> <p>The Barclaycard Rewards MasterCard&reg; is ideal for someone who is interested in earning extra rewards for everyday purchases. It's perfect for the consumer who puts all of his or her groceries and gas on the credit card and then pays the balance at the end of the month. It is also a great card for those who can arrange to pay their utilities automatically by credit card; you can get double the points without having to think about it.</p> <p style="text-align: center;"><a target="_blank" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=80&amp;pid=22&amp;pp=0&amp;uv=send&amp;fot=1078"><strong>Click here to learn more and apply for the Barclaycard Rewards MasterCard&reg; today!</strong></a></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/miranda-marquit">Miranda Marquit</a> of <a href="http://www.wisebread.com/barclaycard-rewards-mastercard-review-a-promising-new-card-from-an-old-bank">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/more-rewards-more-benefits-the-jetblue-plus-card">More Rewards, More Benefits: The JetBlue Plus Card</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/get-extra-cash-back-with-barclaycard-cashforward-world-mastercard">Get Extra Cash Back with Barclaycard CashForward World MasterCard</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/crowdsourcing-experiment-barclaycard-ring-mastercard">Crowdsourcing Experiment: Barclaycard Ring MasterCard</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/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-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-new-travel-rewards-card-on-the-block-barclaycard-arrival-plus-world-elite-mastercard">The Best New Travel Rewards Card on the Block: Barclaycard Arrival Plus World Elite MasterCard</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards barclaycard credit card reviews MasterCard rewards cards Fri, 26 Jul 2013 10:36:31 +0000 Miranda Marquit 980865 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/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-3 views-row-odd"> <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-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/easy-ways-to-save-on-7-everyday-buys">Easy Ways to Save on 7 Everyday Buys</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 Seven 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 Best of Personal Finance Roundup: MasterCard Acceptance Guidelines http://www.wisebread.com/best-of-personal-finance-roundup-mastercard-acceptance-guidelines <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-roundup-mastercard-acceptance-guidelines" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/mastercard.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <strong><a href="http://wisebread.com/topic/best-of-personal-finance">Best of Personal Finance</a></strong> roundup. Today, we give you insight into how retailers should treat your MasterCard, 24 secret menus at your favorite eateries, and how to whip up an amazing stewed lamb ribs dish.</p> <h2>Top 5 Articles</h2> <p><strong>MasterCard Acceptance Guidelines</strong> &mdash; We&rsquo;ve already shared the ways that Visa can and can&rsquo;t be used at your local merchant, but what about good ol&rsquo; MC? Get the details on policies and guidelines for merchants accepting the card. <a href="http://www.fivecentnickel.com/2010/03/05/mastercard-credit-card-acceptance-guidelines/">Five Cent Nickel</a></p> <p><strong>24 Secret Restaurant Menus Revealed</strong> &mdash; Wonder what will happen if you walk into your local McDonald&rsquo;s and ask for the Land, Sea, and Air Burger? This is just one of 100 items that may not be on your local menu, but you can still order from popular food chains! <a href="http://www.couponsherpa.com/ask-coupon-sherpa/secret-restaurant-menus-revealed/">Coupon Sherpa</a></p> <p><strong>Is It Smart to Co-Sign for Your Child</strong> &mdash; Parents are usually the ones that know their children the best, so why is it always a surprise when kids default on co-signed loans? These tips can help you determine if it is ever a good idea to co-sign (although each kid will be radically different &mdash; use your best judgment). <a href="http://www.milliondollarjourney.com/is-it-smart-to-co-sign-for-your-child.htm">Million Dollar Journey</a></p> <p><strong>Pop&rsquo;s Stewed Lamb Ribs Special</strong> &mdash; My goodness! If the pictures in this tutorial don&rsquo;t get you, then the simple ingredient list certainly will. This recipe is proof that patience and technique can turn any affordable recipe into a masterpiece! <a href="http://mywoodenspoon.com/pops-stewed-lamb-ribs-special/">My Wooden Spoon</a></p> <p><strong>Make Your Own Bloggy Button or Graphics with Picnik</strong> &mdash; I&rsquo;m a big Picnik fan myself, so I was glad to see someone else taking advantage of this awesome service. If you don&rsquo;t own a blog, consider these tips for making a customizable Twitter, Facebook, or forum avatar. It&rsquo;s easy! <a href="http://kingdomfirstmom.com/2010/03/make-your-own-bloggy-button-or-graphics-with-picnik-com.html">Keeping the Kingdom First</a></p> <h2>Other Essential Reading</h2> <p><strong>How to File A Consumer Complaint with the Federal Trade Commission (FTC)</strong> &mdash; If you&rsquo;ve been ripped off and don&rsquo;t want to let it go, there is a legal method to filing a complaint (even if it never quite gets resolved). Check out the PSA, compliments of the FTC. <a href="http://www.thedigeratilife.com/blog/how-to-file-a-consumer-complaint-federal-trade-commission-ftc/">The Digerati Life</a></p> <p><strong>6 Ways to Find Free Money</strong> &mdash; If checking under your mattress has left you disappointed, you may want to review this list for totally &ldquo;free&rdquo; money strategies. <a href="http://www.redeemingriches.com/2010/02/09/6-ways-to-find-free-money/">Redeeming Riches</a></p> <p><strong>Bad Company 401K? There May be Other Options</strong> &mdash; Not all of us get the great 401K&rsquo;s that are supposed to help us all fund our retirement in a seamless fashion. Get some good alternatives here. <a href="http://personaldividends.com/money/miranda/bad-company-401k-there-may-be-other-options">Personal Dividends</a></p> <p><strong>How to Get Work Done Anywhere</strong> &mdash; Whether you're on the road, or just trying to get a little bit accomplished on a sick day, these tools will help you get the job done.&nbsp; <a href="http://mylifescoop.com/featured-stories/2010/03/how-to-get-work-done-anywhere.html">My Life Scoop</a></p> <p><strong>Zero Nutritional Difference Between Campbell&rsquo;s &ldquo;Healthy&rdquo; Tomato Soups and Regular (Just Higher Price)</strong> &mdash; Reading the label alone, there was no difference in the nutritional info provided on the &ldquo;premium&rdquo; version. What&rsquo;s your take? <a href="http://consumerist.com/2010/03/tomato-soup.html">Consumerist</a></p> <p><strong>Keep Car Windows from Fogging with a Potato</strong> &mdash; Sick of your goggles and windows fogging up? Try this nifty hack that uses a potato. We&rsquo;re not kidding. <a href="http://lifehacker.com/5485831/keep-car-windows-from-fogging-with-a-potato">LifeHacker</a></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/linsey-knerl">Linsey Knerl</a> of <a href="http://www.wisebread.com/best-of-personal-finance-roundup-mastercard-acceptance-guidelines">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/best-of-personal-finance-roundup-how-to-turn-cheap-choice-steak-into-gucci-prime-steak">Best of Personal Finance Roundup: How to Turn Cheap &quot;Choice&quot; Steak into Gucci &quot;Prime&quot; Steak</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-roundup-20-amazing-fitness-blogs-to-inspire-you">Best of Personal Finance Roundup: 20+ Amazing Fitness Blogs to Inspire You</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/best-of-personal-finance-roundup-3-ways-to-prepare-for-the-card-act">Best of Personal Finance Roundup: 3 Ways to Prepare for the Card Act</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/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-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/best-of-personal-finance-roundup-how-to-make-homemade-poptarts">Best of Personal Finance Roundup: How to Make Homemade Poptarts</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance best personal finance MasterCard roundup Fri, 05 Mar 2010 18:00:02 +0000 Linsey Knerl 5668 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. <br /> &nbsp;</p> <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-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/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/lower-your-credit-card-interest-rate-and-reduce-your-phone-bill-immediately-and-easily">Lower Your Credit Card Interest Rate and Reduce Your Phone Bill, Immediately and Easily</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-stuff-i-try-never-to-buy-new">The stuff I try never to buy new</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-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/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/tips-for-increasing-your-financial-literacy">Tips for Increasing Your Financial Literacy</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/funding-your-401k-when-youre-in-debt">Funding your 401(k) when you&#039;re in debt</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