credit cards http://www.wisebread.com/taxonomy/term/356/all en-US 5 Money Moves to Make Before Applying For a Credit Card http://www.wisebread.com/5-money-moves-to-make-before-applying-for-a-credit-card <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-money-moves-to-make-before-applying-for-a-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/woman_with_credit_card_and_laptop_0.jpg" alt="Woman with credit card and laptop" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>You're ready to apply for your first credit card. Or, maybe you simply want to add another card to the rotating deck of plastic in your wallet. Whatever the case, there are certain money moves you must make before filling out an application.</p> <p>Adding a credit card to your name might seem like a small thing, but a credit card carries tremendous weight. It can be either a <a href="http://www.wisebread.com/how-to-use-credit-cards-to-improve-your-credit-score?ref=internal" target="_blank">useful tool for building credit</a> &mdash; or, if misused, it can lead you straight toward high-interest debt. It all depends on how you use that card and if you're financially prepared for it.</p> <p>To get yourself off on the right foot, here are some important money moves smart consumers must make before applying for a credit card &mdash; whether it's their first or their fifth.</p> <h2>1. Do some budgeting</h2> <p>Don't have a household budget? It's time to make one. Have one? It's time to review it to make sure that it accurately reflects the money you are earning each month and the dollars you are spending.</p> <p>Getting a new credit card could tempt you to make purchases that you can't afford to pay off in full each month. This will lead to you carrying a balance on your cards from month to month. With interest rates on credit cards being so high, this balance can grow out of control quickly.</p> <p>Make a household budget listing the income you earn each month and the expenses you face. Expenses should include fixed costs that never change, such as your car bill, mortgage payment, and student loan costs. It should also include estimates for expenses that aren't the same each month, such as your utility bill or grocery bills. And don't forget to budget for discretionary expenses such as restaurant meals and entertainment.</p> <p>If you have a budget, study it to make sure that it accurately reflects how much you spend and earn each month. If you rarely meet your budget, adjust it. Once you have an accurate budget in place, you'll know how much you can charge on a new card and still be able to pay it off each billing cycle. (See also: <a href="http://www.wisebread.com/build-your-first-budget-in-5-easy-steps?ref=seealso" target="_blank">Build Your First Budget in 5 Easy Steps</a>)</p> <h2>2. Check your credit reports</h2> <p>If you want to qualify for the best cards &mdash; with generous rewards programs and low interest rates &mdash; you'll need a solid credit score. Before you apply for a new card, do some research on your credit. (See also: <a href="http://www.wisebread.com/5-best-credit-cards-for-people-with-excellent-credit?ref=seealso" target="_blank">Best Credit Cards for Excellent Credit</a>)</p> <p>You are entitled to one free copy of your three credit reports &mdash; one each maintained by Experian, Equifax, and TransUnion &mdash; every year. You can order these reports at AnnualCreditReport.com. Once you've done this, review them carefully. They will list how much you already owe on your credit card accounts, car loans, student loans, mortgage loans, and other forms of revolving credit.</p> <p>They'll also list any late or missed payments up to seven years old. Other financial missteps, such as bankruptcy filings or foreclosures, will also be listed on your reports if they are not older than seven or 10 years.</p> <p>If there are mistakes on your reports, contact the credit bureaus to let them know. And if your credit report is filled with late payments and high balances, you might want to take some time to pay down your other debts and build a history of on-time payments before applying for a new credit card. (See also: <a href="http://www.wisebread.com/how-to-read-a-credit-report?ref=seealso" target="_blank">How to Read a Credit Report</a>)</p> <h2>3. Order your credit score</h2> <p>Your credit score is another important number to know when applying for a credit card. This number gives financial institutions an instant look at how you've handled your credit in the past. A low score indicates that you have missed payments or other negatives on your record. A high score indicates that you have a history of paying your bills on time and keeping your debt under control.</p> <p>You can order your credit score from any of the national credit bureaus. Expect to pay about $15 or so for your score. You might even have a <a href="http://www.wisebread.com/the-5-best-credit-cards-that-offer-free-credit-scores?ref=internal" target="_blank">credit card that shows your credit score</a> in your monthly statement.</p> <p>If your score comes in low, it again might be a good idea to pause your search for a new credit card. Build that score up by making on-time payments and paying off your existing credit card debt. This will boost your odds of qualifying for the best credit cards. (See also: <a href="http://www.wisebread.com/is-it-worth-paying-for-your-credit-score?ref=seealso" target="_blank">I Checked My Credit Score in 11 Places &mdash; Here's What I Learned</a>)</p> <h2>4. Pay off your existing credit card debt</h2> <p>You shouldn't be adding a credit card to your collection simply because you're running out of available credit on your other cards. This will only tempt you to make more purchases that you can't afford and lead you deeper into a cycle of debt.</p> <p>Instead, work on paying off the credit card debt you already have. Don't apply for a new card until you've gotten your existing credit card debt under control. (See also: <a href="http://www.wisebread.com/the-7-best-credit-card-debt-elimination-strategies?ref=seealso" target="_blank">The 7 Best Credit Card Debt Elimination Strategies</a>)</p> <h2>5. Build your savings</h2> <p>Financial experts recommend that everyone have an emergency fund of cash to help them pay for life's unexpected expenses &mdash; everything from a furnace on the fritz to a car that needs a new transmission. If you don't have an emergency fund, you might find yourself needing to turn to credit cards to pay for such emergencies. And that will only make your debt grow.</p> <p>Before you apply for a new credit card, build an emergency fund. That way, you'll be less tempted to use your new card to pay for urgent big-ticket items such as a new water heater or an emergency brake repair for your car.</p> <p>How much should you have in this emergency fund? It's generally recommended that you have enough to cover six months' to a year's worth of daily living expenses, though you may need more or less depending on your unique circumstances. (See also: <a href="http://www.wisebread.com/5-minute-finance-start-an-emergency-fund?ref=seealso" target="_blank">5-Minute Finance: Start an Emergency Fund</a>)</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F5-money-moves-to-make-before-applying-for-a-credit-card&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F5%2520Money%2520Moves%2520to%2520Make%2520Before%2520Applying%2520For%2520a%2520Credit%2520Card.jpg&amp;description=5%20Money%20Moves%20to%20Make%20Before%20Applying%20For%20a%20Credit%20Card"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/5%20Money%20Moves%20to%20Make%20Before%20Applying%20For%20a%20Credit%20Card.jpg" alt="5 Money Moves to Make Before Applying For a Credit Card" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/dan-rafter">Dan Rafter</a> of <a href="http://www.wisebread.com/5-money-moves-to-make-before-applying-for-a-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-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/10-signs-youre-no-longer-a-personal-finance-rookie">10 Signs You&#039;re No Longer a Personal Finance Rookie</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/10-money-moves-to-make-before-the-leaves-change">10 Money Moves to Make Before the Leaves Change</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-things-to-do-right-now-to-boost-your-600-credit-score">5 Things to Do Right Now to Boost Your 600 Credit Score</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-to-determine-if-your-finances-are-ready-for-a-big-purchase">How to Determine If Your Finances Are Ready for a Big Purchase</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/are-you-putting-off-these-9-adult-money-moves">Are You Putting Off These 9 Adult Money Moves?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance budgeting credit cards credit reports credit score debt missed payments money management money moves paying bills Mon, 04 Jun 2018 09:00:16 +0000 Dan Rafter 2145008 at http://www.wisebread.com 2-Minute Read: What You Need to Know About FICO Scores http://www.wisebread.com/2-minute-read-what-you-need-to-know-about-fico-scores <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/2-minute-read-what-you-need-to-know-about-fico-scores" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/businessman_checking_credit_score_on_cellphone.jpg" alt="Businessman Checking Credit Score On Cellphone" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>FICO scores are the most widely used credit scores in the U.S. According to myFICO.com, 90% of the top U.S. lenders access these scores to make important credit decisions.</p> <p>FICO scores range from 300 to 850, with higher scores representing better credit.</p> <h2>Why your FICO score is important</h2> <p>A FICO score considered &quot;very good&quot; or &quot;exceptional&quot; (in the 740+ range) makes it more likely you'll qualify for credit approval with the best terms. If your score is below that, you may still qualify, but with a higher interest rate.</p> <p>Besides, lenders, landlords, car insurance companies, and even some employers check your credit score because it's considered an indication of risk and responsibility.</p> <h2>Why FICO scores aren't always the same</h2> <p>There are <a href="http://www.wisebread.com/is-it-worth-paying-for-your-credit-score?ref=internal" target="_blank">many places to get your credit score</a>, and those scores may differ. All three credit reporting agencies &mdash; Experian, Equifax, and TransUnion &mdash; assign you a FICO score, and they may not be the same since each reporting agency may have different information on file. On top of that, FICO itself offers different versions of your score &mdash; some are tailored for car lenders, others for mortgages, etc. Your <a href="http://www.wisebread.com/heres-how-often-your-credit-score-gets-calculated?ref=internal" target="_blank">FICO scores will also fluctuate over time</a> as your credit use is reported.</p> <p>Another thing: Since there are other types of credit scores (VantageScore being the main competitor to FICO), your lender may not even look at your FICO scores. But since FICO is the most commonly used scoring model, getting acquainted with your FICO scores is still a smart way to check your credit health.</p> <h2>5 factors used to determine your FICO scores</h2> <ul> <li> <p><a href="http://www.wisebread.com/how-late-payments-affect-your-credit?ref=internal" target="_blank">Payment history</a> (35%): Your ability to make payments on time consistently is the biggest determinant of your FICO scores.</p> </li> <li> <p>Amounts owed (30%): How much you owe in relation to your credit limits &mdash; your <a href="http://www.wisebread.com/this-one-ratio-is-the-key-to-a-good-credit-score?ref=internal" target="_blank">credit utilization ratio</a> &mdash; is the second most important factor. You want to keep this as low as possible.</p> </li> <li> <p><a href="http://www.wisebread.com/why-the-age-of-your-credit-history-matters?ref=internal" target="_blank">Length of credit history</a> (15%): This is the average time that all your credit accounts have been open, with a longer history considered better.</p> </li> <li> <p>New credit (10%): <a href="http://www.wisebread.com/can-too-many-credit-cards-hurt-your-credit-score?ref=internal" target="_blank">Too many new credit accounts</a> can imply that you're desperate for credit, and lower your score.</p> </li> <li> <p>Credit mix (10%): Having more than one type of loan is typically considered a good thing and will boost your score.</p> </li> </ul> <h2>Where to get your credit score</h2> <p>There are several ways to get your credit scores, and some of them are free. Not all are FICO scores, but may still be worth checking to get an idea of how you're doing. You can pay about $20 to get your score from myFICO.com. <a href="http://www.wisebread.com/the-5-best-credit-cards-that-offer-free-credit-scores?ref=internal" target="_blank">Several credit cards</a> offer free credit scores, as do <a href="https://www.creditkarma.com/free-credit-score" target="_blank">Credit Karma</a> and <a href="https://www.creditsesame.com/" target="_blank">Credit Sesame</a>. In addition, some lenders (e.g. Sallie Mae for student loans) offer a free FICO score or estimate of your credit score on your monthly statement.</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F2-minute-read-what-you-need-to-know-about-fico-scores&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F2-Minute%2520Read_%2520What%2520You%2520Need%2520to%2520Know%2520About%2520FICO%2520Scores.jpg&amp;description=2-Minute%20Read%3A%20What%20You%20Need%20to%20Know%20About%20FICO%20Scores"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/2-Minute%20Read_%20What%20You%20Need%20to%20Know%20About%20FICO%20Scores.jpg" alt="2-Minute Read: What You Need to Know About FICO Scores" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/holly-johnson">Holly Johnson</a> of <a href="http://www.wisebread.com/2-minute-read-what-you-need-to-know-about-fico-scores">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/how-the-fair-credit-reporting-act-protects-you">How the Fair Credit Reporting Act Protects You</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/how-credit-inquiries-affect-your-credit-score">How Credit Inquiries Affect Your Credit Score</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/heres-why-you-shouldnt-freak-out-if-you-miss-a-payment-due-date">Here&#039;s Why You Shouldn&#039;t Freak Out If You Miss a Payment Due Date</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-to-freeze-your-credit">How to Freeze Your Credit</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-5-things-with-the-biggest-impact-on-your-credit-score">The 5 Things With the Biggest Impact on Your Credit Score</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance credit cards credit report credit scores fico scores know your score managing debt Fri, 25 May 2018 08:30:30 +0000 Holly Johnson 2140595 at http://www.wisebread.com 8 Fun Facts About Credit Cards http://www.wisebread.com/8-fun-facts-about-credit-cards <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/8-fun-facts-about-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/black_and_gray_luxurious_credit_card.jpg" alt="Black and gray luxurious credit card" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Receiving your credit card statement each month may be the opposite of fun, but credit cards themselves are actually a pretty fascinating subject. The little plastic cards that we all rely on have a long, storied history, and there is a lot that most people simply don't know about their primary payment choice.</p> <p>Here are some surprising facts about credit cards that might just change the way you look at your wallet.</p> <h2>1. Credit card numbers can be validated via a checksum formula</h2> <p>Valid credit card numbers follow a formula known as the Luhn algorithm. With this algorithm, starting from the right, you double every second digit. (For instance, 1111 would become 2121). You then add together all of the resulting digits. If the number you come up with is divisible by 10, then the credit card number is valid. If it's not divisible by 10, it's an invalid card number.</p> <h2>2. The first digit of your credit card tells what industry issued the card</h2> <p>You may have noticed that all of your cards from the same provider start with the same number. That isn't an accident. The first digit of a credit card indicates what industry issued the card: 1 and 2 indicate an airline card; 3 is for the travel and entertainment industry; 4 and 5 are for banking institutions; 6 is for merchandising and banking; 7 is for gas cards; 8 is for telecommunications; and 9 is for assignments by national standards bodies. American Express account numbers start with a 3, Visa accounts with a 4, Mastercard accounts with a 5, and Discover accounts with a 6.</p> <h2>3. Your card expires but your account doesn't</h2> <p>An expiration serves two purposes. First, a physical credit card can only last for about three-to-four years' worth of swiping and dipping. An expiration date provides your issuer with a date on which to send you a new card before the old one falls apart. Second, the expiration offers a small measure of identity theft protection for cardholders, since it is another piece of information that you would only have if you had the card in your possession.</p> <p>Most credit card companies send you a new card before your current one expires. If for some reason they don't and you try to use a card that's past its expiration date, it will be declined. But your account should still be valid &mdash; you just need to ask your card issuer for a new card.</p> <h2>4. Farming communities used &quot;credit cards&quot; in the 19th century</h2> <p>Long before credit cards were accepted everywhere as payment, farmers would rely on credit extended by local general stores. In the 19th and early 20th century, farmers would need to use credit at their local store for at least part of the year because their income was seasonal. In areas with a large number of farmers, stores started issuing credit cards (initially made of cardboard) to help identify which customers were associated with which accounts.</p> <h2>5. Credit cards were &quot;invented&quot; by several different people</h2> <p>John Briggs created the first bank-issued credit card in 1946. Briggs was a banker with Flatbush National Bank of New York, and he invented the &quot;Charge-It&quot; card, which was technically a charge card since the balance had to be paid in full each month. However, Charge-It was only available for customers of Briggs's bank, and the card could only be used for local purchases.</p> <p>In 1950, Frank McNamara, head of Hamilton Credit Corporation, created the Diners Club card &mdash; the first credit card that could be used in more than one store. McNamara came up with the idea for such a card after a business meal at a major New York restaurant. He had changed his suit before the dinner, and forgotten his wallet in his other jacket. After that embarrassing incident, it occurred to McNamara that it would be useful to have a noncash method of paying for meals. The Diners Club card was born. When it was first introduced, the card was issued to fewer than 200 people and was only accepted at 27 restaurants in New York. However, within a year, more than 20,000 people were using it.</p> <h2>6. Single women could not get credit cards until 1974</h2> <p>Until the passage of the Equal Credit Opportunity Act of 1974, women could not get a credit card without a husband as a co-signer. That meant single women and married women who wished to establish credit separate from their spouses were denied credit cards. The 1974 law made it illegal for creditors to discriminate against applicants on the basis of race, color, religion, national origin, sex, or marital status.</p> <h2>7. Laid end-to-end, all the credit cards on earth would circle the globe 3.5 times</h2> <p>As of 2013, there were over 1.635 billion credit cards in circulation around the world, according to SuperMoney. If all of those cards were laid end-to-end, they would stretch over 86,981 miles, which would circle the earth three and a half times.</p> <h2>8. There are 10,000 worldwide credit card transactions every second</h2> <p>The American Bankers Association estimated in March of 2009 that there are nearly 10,000 credit card transactions occurring every single second worldwide.</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F8-fun-facts-about-credit-cards&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F8%2520Fun%2520Facts%2520About%2520Credit%2520Cards.jpg&amp;description=8%20Fun%20Facts%20About%20Credit%20Cards"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/8%20Fun%20Facts%20About%20Credit%20Cards.jpg" alt="8 Fun Facts About Credit Cards" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/emily-guy-birken">Emily Guy Birken</a> of <a href="http://www.wisebread.com/8-fun-facts-about-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/2-minute-read-what-you-need-to-know-about-fico-scores">2-Minute Read: What You Need to Know About FICO Scores</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/how-the-fair-credit-reporting-act-protects-you">How the Fair Credit Reporting Act Protects 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/would-you-get-rid-of-credit-cards-if-stores-give-more-discounts-to-customers-who-pay-cash">Would you get rid of credit cards if stores give more discounts to customers who pay cash ?</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/5-money-moves-to-make-before-applying-for-a-credit-card">5 Money Moves to Make Before Applying For a Credit Card</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/carry-some-cash">Carry some cash</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance authorizing credit cards fun facts history numbers plastic trivia Thu, 24 May 2018 09:00:36 +0000 Emily Guy Birken 2143332 at http://www.wisebread.com How the Fair Credit Reporting Act Protects You http://www.wisebread.com/how-the-fair-credit-reporting-act-protects-you <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-the-fair-credit-reporting-act-protects-you" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_working_on_laptop_at_home.jpg" alt="Woman working on laptop at home" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Your credit report plays an important role in determining whether you can get a loan, a credit card, insurance, an apartment, and even a job in some cases. It can also help determine how much interest you pay on a credit card or loan, and your insurance rate.</p> <p>So, if your credit report contains errors &mdash; say, your report lists a loan you didn't initiate, an incorrect balance, or a closed account still being reported as open &mdash; that can result in a higher interest rate, or an outright rejection. Fortunately, the <a href="https://www.ftc.gov/enforcement/rules/rulemaking-regulatory-reform-proceedings/fair-credit-reporting-act" target="_blank">Fair Credit Reporting Act (FCRA)</a> gives consumers protections, including the ability to access their credit reports and dispute errors on them.</p> <p>Enacted in October 1970, just as small, local credit reporting agencies were consolidating and becoming a national presence, the FCRA imposes strict guidelines on consumer reporting agencies and the companies that feed them data. Understanding your rights under this law helps you stay on top of your credit and finances. Here's an overview of your rights under the FCRA and how to exercise them.</p> <h2>You have a right to see your credit reports</h2> <p>The act says that you're entitled to view your credit file from each of the three main credit bureaus (Equifax, Experian, and TransUnion) for free once every 12 months. You easily can do so at <a href="https://www.annualcreditreport.com/index.action" target="_blank">AnnualCreditReport.com</a>. Just be sure you look at the web address closely if you type in the URL. Some copycat websites exist that may charge you for this service or may not be legitimate services.</p> <p>If you're requesting your credit file online, you'll need to answer some ID verification questions to prevent scammers from posing as you. The online verification process can be frustrating to some consumers. &quot;If they have thin credit files, a lot of those questions won't be pertinent,&quot; explains Linda Sherry, a spokesperson for Consumer Action, a national nonprofit that educates underrepresented consumers about their rights. If the website won't verify your identity and share your credit file, the alternative is to request information via the automated phone system or through the mail.</p> <p>In addition to your three annual credit reports, you're entitled to a free annual copy of any reports from other types of consumer reporting agencies. These include agencies such as LexisNexis, CoreLogic, and Certegy Check Services, which may collect noncredit information about you such as your rent payments, insurance claims, or check-writing history. The Consumer Financial Protection Bureau has a <a href="http://files.consumerfinance.gov/f/201604_cfpb_list-of-consumer-reporting-companies.pdf" target="_blank">list of more consumer reporting companies</a>. Each one has its own procedures for requesting your free report. (See also: <a href="http://www.wisebread.com/credit-challenged-how-alternative-credit-data-can-help-those-with-little-or-no-credit?ref=seealso" target="_blank">How Alternative Credit Data Can Help Those With Little or No Credit</a>)</p> <h2>You have a right to ask for a credit score</h2> <p>The FCRA also gives you the right to request a credit score. Don't confuse that with a credit report. <a href="http://www.wisebread.com/heres-why-credit-scores-and-reports-are-not-the-same?ref=internal" target="_blank">Credit scores and credit reports</a> are not the same thing. The contents of your credit report determine your credit score, which can vary depending on which credit bureau supplies the information and which scoring model is used. In other words, you don't have just one score; you could have many different scores based on which factors are weighted more heavily.</p> <p>Most credit agencies and other businesses charge you for your credit score and it's legal for them to do so. Fortunately, an increasing number of <a href="http://www.wisebread.com/the-5-best-credit-cards-that-offer-free-credit-scores?ref=internal" target="_blank">credit cards provide free credit scores</a> so you may not need to pay for a credit score. (See also: <a href="http://www.wisebread.com/fico-vs-fakes-are-you-getting-the-wrong-credit-score?ref=seealso" target="_blank">FICO vs. Fakes: Are You Getting the Wrong Credit Score?</a>)</p> <h2>Access to your credit report is limited</h2> <p>Credit reporting agencies may only share your credit record with people or institutions who have a legitimate reason to see it. Typically, that means someone who is considering your application for credit, insurance, housing, or a job, or who is a current creditor.</p> <p>Potential employers and landlords generally need your written consent to check your credit. If a reporting agency shares your credit file with someone who doesn't have a valid need, it could be in violation of your rights under the FCRA.</p> <h2>You have the right to dispute errors on your credit reports</h2> <p>Once you receive a credit report, review it line by line for errors. &quot;If you see something there that's labeled as negative that may be pulling down your score or your ability to access credit, look at it carefully and make sure it's accurate,&quot; says Sherry. (See also: <a href="http://www.wisebread.com/how-to-read-a-credit-report?ref=seealso" target="_blank">How to Read a Credit Report</a>).</p> <p>If you don't recognize a line of credit or other loan, that could be a sign of identity theft, but don't panic. It could also be that you don't recognize the name of a creditor you actually did have an account with. Maybe you took out a store credit card and the issuing bank's name is unfamiliar to you (you'll likely see the name of the issuing bank, not the retailer where you opened the card). Or perhaps your mortgage was sold to a new loan servicer.</p> <p>Google any unfamiliar creditors to check if the loan might be legitimate before you try to dispute it. If you still suspect identity theft, Sherry suggests filing a police report. (See also: <a href="http://www.wisebread.com/9-signs-your-identity-was-stolen?ref=seealso" target="_blank">9 Signs Your Identity Was Stolen</a>)</p> <p>The FCRA also grants you the right to dispute any erroneous information you find with the credit reporting agency or agencies. They must investigate your dispute and respond (typically within 30 days) unless they deem your dispute frivolous.</p> <p>To dispute an item with a credit bureau, mail the credit bureau a letter and copies of documents that support your position (for instance, a notice stating a loan is paid in full if your credit record is still showing an outstanding balance). The Federal Trade Commission (FTC) has this <a href="https://www.consumer.ftc.gov/articles/0384-sample-letter-disputing-errors-your-credit-report" target="_blank">sample letter</a> showing you how to dispute items on your credit report.</p> <p>The FTC recommends sending dispute letters by certified mail, &quot;return receipt requested.&quot; That way you have proof of what the credit reporting agency received and when. Also keep your own copies of your dispute letter and any supporting documents.</p> <p>If the credit bureau corrects an error, it must send you a new, free copy of your credit report through AnnualCreditReport.com. That way you can check to see that all the mistakes have been corrected.</p> <p>You can also dispute inaccurate information with the company that provided the information to the credit bureau. For instance, if a bank claims you defaulted on a loan that you know you paid in full, also contact the bank so that you don't have to deal with erroneous collections actions later on.</p> <p>Starting in September of 2018, credit agencies will be required to send you a detailed report of their dispute investigation, providing you with contact information of the company or companies that supplied the data in question. The bureau will also have to explain what you can do if you're not happy with the investigation's findings.</p> <h2>Negative information can't stay on your credit record forever</h2> <p>It's helpful to understand the difference between negative and positive credit information. Late payments or accounts in default are negative factors on your credit report, while on-time payments and low balances reflect positively on your credit report. Positive items stay on the report up to 10 years after the date of the last activity on the account. But by law, credit bureaus cannot report negative information that is more than seven years old, except for some forms of bankruptcy, which may linger on your credit report for 10 years.</p> <p>Sherry says negative items are typically labeled as negative on your credit report. But take heart. Negative information that's accurate won't haunt you indefinitely. What's more, the weight that lenders give to negative items they see on your credit report decreases over time. (See also: <a href="http://www.wisebread.com/how-to-rebuild-your-credit-in-8-simple-steps?ref=seealso" target="_blank">How to Rebuild Your Credit in 8 Simple Steps</a>)</p> <h2>You have a right to know if you've been rejected because of information on your credit report</h2> <p>When a creditor, employer, insurer, or landlord denies your application based on the contents of your credit report, it's called an adverse action. They must then notify you and tell you the name, address, and phone number of the credit reporting agency that provided the information.</p> <p>You're entitled to order a free copy of your credit report from the bureau that provided the information within 60 days of an adverse action. (This is in addition to the three free reports you're allowed every year.) However, it's wise to check your credit report in advance so you have time to correct errors <em>before</em> you get turned down for a mortgage or lose a job offer. (See also: <a href="http://www.wisebread.com/11-reasons-your-credit-card-application-was-denied-and-what-you-can-do-about-it?ref=seealso" target="_blank">Why Your Credit Card Application Was Denied &mdash; And What You Can Do About It</a>)</p> <h2>You can take further action</h2> <p>If you've lost a dispute over your credit record and aren't happy with the result, you can file a complaint with the <a href="https://www.consumerfinance.gov/complaint/" target="_blank">Consumer Financial Protection Bureau</a>.</p> <p>In other cases, you may be able to sue for damages in state or federal court.</p> <ul> <li> <p>You can sue a credit reporting agency (CRA) if they allow someone to view your credit report without a permissible purpose.</p> </li> <li> <p>You can sue a CRA if you tell them about an error on your report and they fail to fix it and as a result, you receive an adverse action. While the CRA is investigating items you dispute, they must indicate on your credit report that the item is in dispute.</p> </li> <li> <p>You can sue a credit information provider if they willfully provide incorrect information to the CRA.</p> </li> <li> <p>You can sue an employer or other party who views your credit report without disclosing it to you or securing permission from you.</p> </li> <li> <p>You can sue someone who pulls your credit report and doesn't dispose of your information appropriately, which results in your identity being stolen.</p> </li> </ul> <p>Lawyer Sonya Smith-Valentine says consumers sometimes get confused about their right to sue after they receive an adverse action. To be clear, you won't get awarded damages if the adverse action occurred <em>before </em>you notified the credit bureau. Many consumers don't realize this nuance, according to Smith-Valentine, who is president of <a href="https://www.financiallyfierce.com/" target="_blank">Financially Fierce, LLC</a> and a former managing attorney with Valentine Legal Group, which handled financial and consumer protection litigation.</p> <p>&quot;They tried to get a mortgage or a job and found out because of going through this that there was a mistake,&quot; she says. &quot;They want to be compensated for losing out on the job or the house, but [the FCRA] does not allow for harm that occurred before you contacted the credit bureau about the mistake. That's where a lot of people get tripped up.&quot;</p> <p>Your right to legal action doesn't kick in until after the creditor or credit reporting agency has been notified of an error and has had a chance to fix their mistake. All the more reason to be proactive about requesting your credit report and reviewing it for errors.</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2Fhow-the-fair-credit-reporting-act-protects-you&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2FHow%2520the%2520Fair%2520Credit%2520Reporting%2520Act%2520Protects%2520You_0.jpg&amp;description=How%20the%20Fair%20Credit%20Reporting%20Act%20Protects%20You"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/How%20the%20Fair%20Credit%20Reporting%20Act%20Protects%20You_0.jpg" alt="How the Fair Credit Reporting Act Protects You" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/susan-johnston-taylor">Susan Johnston Taylor</a> of <a href="http://www.wisebread.com/how-the-fair-credit-reporting-act-protects-you">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/2-minute-read-what-you-need-to-know-about-fico-scores">2-Minute Read: What You Need to Know About FICO Scores</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/heres-why-you-shouldnt-freak-out-if-you-miss-a-payment-due-date">Here&#039;s Why You Shouldn&#039;t Freak Out If You Miss a Payment Due Date</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/heres-how-debt-settlement-can-make-your-debt-worse">Here&#039;s How Debt Settlement Can Make Your Debt Worse</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/heres-what-happens-to-an-account-in-collections-even-when-you-pay-up">Here&#039;s What Happens to an Account in Collections — Even When You Pay Up</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/do-you-need-credit-monitoring-to-protect-your-credit">Do You Need Credit Monitoring to Protect Your Credit?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Consumer Affairs credit cards credit report credit score fair credit reporting act fcra Fri, 02 Feb 2018 09:30:05 +0000 Susan Johnston Taylor 2097520 at http://www.wisebread.com Deferred Interest Credit Cards: Don't Fall For This Trick Over The Holidays http://www.wisebread.com/deferred-interest-credit-cards-dont-fall-for-this-trick-over-the-holidays <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/deferred-interest-credit-cards-dont-fall-for-this-trick-over-the-holidays" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/shopping_with_card.jpg" alt="Shopping With Card" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p><em>&quot;Would you like to apply for a store credit card today? You can get [insert number here] months free financing.&quot;</em></p> <p>We've all heard it before when checking out at a retail store. Chances are, you'll be hearing it a lot more over the holidays as you ramp up your holiday shopping.</p> <p>It can be tempting &mdash; you can make a large purchase today, and pay it off over time interest-free. Some companies will even throw in a gift card or a discount if you apply for their credit card. But before you say &quot;yes&quot; to the cashier, there's one hidden trick that these companies often use. If you're not aware of it, your &quot;free financing&quot; might end up backfiring in a big way. (See also: <a href="http://www.wisebread.com/should-you-sign-up-for-that-store-credit-card?ref=seealso" target="_blank">Should You Sign Up for That Store Credit Card?</a>)</p> <h2>What is a &quot;deferred interest&quot; credit card?</h2> <p>There are two types of credit cards that offer free financing: <a href="http://www.wisebread.com/5-best-credit-cards-with-0-apr-for-purchases?ref=internal" target="_blank">0% Intro APR cards</a>, and deferred interest cards.</p> <p>You see ads for 0% APR cards all the time &mdash; you get 0% APR for a limited time. After that, the standard interest rate goes into effect. When stores offer a &quot;deferred interest credit card&quot; you might reasonably assume they work the same way. But they are very different.</p> <p>With a deferred interest card, you must pay off the charge <em>in full </em>before the promotional free financing period is over. If you don't, you'll have to pay the <em>full amount of interest charges</em>, as if that interest rate was in effect the whole time. All that &quot;deferred&quot; interest comes rolling back the moment the promotional period is over, not just on the balance you have left, but on the entire purchase amount.</p> <p>And it'll be a heck of a bill too: the interest rates on these types of credit cards are often sky-high, running upward of 25% APR. As a comparison, the current average interest rate for all credit cards combined is 13.08% APR, according to the Federal Reserve.</p> <p>Let's look at an example of how much a deferred interest credit card might cost you. A store credit card offers 12 months deferred interest financing, with a standard 27.99% APR. If you make a $1,500 purchase and only make the minimum payments during those 12 months (about $45), you'll owe a walloping $321.63 in interest at the end of it &mdash; and still owe over $950 on your purchase.</p> <h2>How do you spot a deferred interest credit card?</h2> <p>Your first clue is <em>who</em> is offering the card. Most deferred interest credit cards are offered by retail stores. If a store employee is trying to get you to sign up for the card, ask them: &quot;what happens if I don't have the purchase paid off by the end of the financing period?&quot;</p> <p>But the <em>best</em> way to find out if the card you're interested in really is a deferred interest card or not is to simply look at the Terms and Conditions disclosure. Here's a snippet from a store credit card's disclosure to give you an idea of what the language will look like:</p> <p><em>&quot;If the balance is not paid in full by the end of the promotional period, interest charges will be imposed from the purchase date at the purchase rate on your account which is 26.24%.&quot;</em></p> <p>See how the charges are imposed &quot;from the purchase date?&quot; Other words to look for are &quot;deferred&quot; or &quot;financing&quot; or &quot;no interest if paid off in X months&quot; which is different from just 0% APR during the promotional time. A credit card that offers 0% APR for 12 months mean that there are no interest charges on your balance for 12 months, then at the end of the 12 months, the standard APR will start, and will only be applied to the <em>current</em> <em>balance</em>, not the entire purchase. (See also: <a href="http://www.wisebread.com/same-as-cash-store-offers-vs-0-intro-apr-credit-cards-which-is-right-for-you?ref=seealso" target="_blank">Same-As-Cash Store Offers vs. 0% Intro APR Credit Cards &mdash; Which Is Right for You?</a>)</p> <h2>Come up with a game plan to tackle your debt</h2> <p>Despite all of this, deferred interest cards aren't necessarily something you always need to avoid. In fact, they can really help you out &mdash; <em>as long as you have a game plan to deal with them</em>.</p> <p>Setting up a plan is simple. All you have to do is take the amount of your purchase and divide it by however many months you have to pay off the charge. If you want to play it on the safe side, you can even subtract a month or two to give yourself some space if something comes up. That way, you'll have it paid off with plenty of time to spare.</p> <p>Here's an example. Say your child's old computer died, and you want to buy them a new $1,100 computer for Christmas. Luckily, your local electronic store chain offers a 12-month deferred interest credit card, which you use to purchase your new computer.</p> <p>If you want to have it paid off early, divide the purchase price ($1,100) by 11 months, to give you a monthly payment of $100. You can further boost your chances of having it paid off by setting up that payment on autopay, so then you don't even have to worry at all about making payments. (See also: <a href="http://www.wisebread.com/store-credit-cards-that-dont-suck?ref=seealso" target="_blank">The Best Store Credit Cards</a>)</p> <h2>When you should choose a store credit card over a 0% APR card</h2> <p>A 0% APR credit card will give you the safety net in case you don't actually pay off the entire balance within the promotional time frame. Even if you leave a $10 balance on a store credit card, you'll get charged <em>all the interest from the purchase date</em>. It's pretty brutal.</p> <p>It can also be of use to you even after the promotional period. Perhaps it's a very good <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards?ref=internal" target="_blank">travel rewards credit card</a> that can fund your next vacation.</p> <p>But there are times you might end up choosing the store credit card instead.</p> <h3>You have bad credit</h3> <p>I won't remind you that if you're in this position, you should be considering ways to build back your credit which doesn't include adding more debt. But assuming you've already thought this through, getting approved for a 0% APR card might not be in your cards. So if you really need this buffer to pay off the purchase, and you are committed to the payoff goal, then go ahead and sign up for the card. Store cards generally have a lower threshold for approving customers, because their regular APR is so high, and their credit limits usually low.</p> <h3>You will benefit from the rewards</h3> <p>Stores can be generous to their credit card holders, offering big rewards and discounts that will save you loads of money. If you're a frequent shopper there, and the store card can offer you much better deals and rewards than you'd get from a typical <a href="http://www.wisebread.com/5-best-cash-back-credit-cards?ref=internal" target="_blank">cash back card</a>, for example, then it can be worth it to be a loyal card holder. Just don't ever leave a balance because the APR will always destroy any savings or rewards the card would have offered.</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2Fdeferred-interest-credit-cards-dont-fall-for-this-trick-over-the-holidays&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2FDeferred%2520Interest%2520Credit%2520Cards_%2520Dont%2520Fall%2520For%2520This%2520Trick%2520Over%2520The%2520Holidays.jpg&amp;description=Deferred%20Interest%20Credit%20Cards%3A%20Dont%20Fall%20For%20This%20Trick%20Over%20The%20Holidays"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/Deferred%20Interest%20Credit%20Cards_%20Dont%20Fall%20For%20This%20Trick%20Over%20The%20Holidays.jpg" alt="Deferred Interest Credit Cards: Don't Fall For This Trick Over The Holidays" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/lindsay-vansomeren">Lindsay VanSomeren</a> of <a href="http://www.wisebread.com/deferred-interest-credit-cards-dont-fall-for-this-trick-over-the-holidays">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-3"> <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/make-these-6-credit-card-moves-now-to-prepare-for-holiday-shopping">Make These 6 Credit Card Moves Now to Prepare for Holiday Shopping</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/when-should-you-pay-a-credit-card-convenience-fee">When Should You Pay a Credit Card Convenience Fee?</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/read-this-to-maximize-your-rewards-and-cash-back-this-holiday-season">Read This to Maximize Your Rewards and Cash Back This Holiday Season</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/step-by-step-guide-to-doing-a-balance-transfer-on-credit-cards">Step-by-Step Guide to Doing a Balance Transfer on 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/6-pitfalls-when-chasing-travel-rewards">6 Pitfalls When Chasing Travel Rewards</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards credit card tips credit cards deferred interest credit cards holiday shopping Holidays Spending Money Wed, 22 Nov 2017 09:30:10 +0000 Lindsay VanSomeren 2058216 at http://www.wisebread.com How Small Business Credit Cards Affect Your Personal Credit http://www.wisebread.com/how-small-business-credit-cards-affect-your-personal-credit <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-small-business-credit-cards-affect-your-personal-credit" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/florist_holding_a_credit_card_in_her_flower_shop.jpg" alt="Florist holding a credit card in her flower shop" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>If you're looking for a new credit card, then you&rsquo;ve probably noticed that many cards are offered in both personal and small business versions. <a href="http://www.wisebread.com/the-5-best-credit-cards-for-small-businesses?ref=internal" target="_blank">Business credit cards</a> can offer rewards and benefits more suited to the needs of small companies, but how does their use affect your personal credit?</p> <h2>Business credit card basics</h2> <p>When you apply for a small business credit card, the card issuer will check your personal credit report and credit score to see if you qualify for a new account. It doesn&rsquo;t matter whether you supply an Employer Identification Number (EIN) or a Social Security Number, your personal credit information will be checked, since nearly all small business credit cards require your personal guarantee of repayment. This means that even if your business dissolves, gets sold, or goes into bankruptcy, you&rsquo;re still responsible for paying off the credit card debt. The credit card may have your business name on it, but as part of the application, you agree to be personally responsible for it. (See also: <a href="http://www.wisebread.com/5-ways-to-build-business-credit-when-youre-self-employed?ref=seealso" target="_blank">5 Ways to Build Business Credit When You&rsquo;re Self-Employed</a>)</p> <h2>How applying for a business credit card affects your credit</h2> <p>When you apply for any new credit card, it has several effects on your credit. To grasp these, it helps to understand the <a href="http://www.wisebread.com/the-5-things-with-the-biggest-impact-on-your-credit-score?ref=internal" target="_blank">five main factors that go into your FICO score</a> &mdash; the most commonly used personal credit score. These factors are:</p> <ol> <li> <p><strong> Payment history (35 percent of the total credit score):</strong> On-time payments are the most important part of your credit score. (See also: <a href="http://www.wisebread.com/how-late-payments-affect-your-credit?ref=seealso" target="_blank">How Late Payments Affect Your Credit</a>)</p> </li> </ol> <ol start="2"> <li> <p><strong> Credit utilization (30 percent of the total score):</strong> It&rsquo;s best to keep your <a href="http://www.wisebread.com/this-one-ratio-is-the-key-to-a-good-credit-score?ref=internal" target="_blank">credit utilization ratio</a> &mdash; the amount you owe compared to how much total credit you have available &mdash; as low as possible.</p> </li> </ol> <ol start="3"> <li> <p><strong> Length of credit history (15 percent of the total score):</strong> The higher the average age of your accounts, the better. (See also: <a href="http://www.wisebread.com/why-the-age-of-your-credit-history-matters?ref=seealso" target="_blank">Why the Age of Your Credit History Matters</a>)</p> </li> </ol> <ol start="4"> <li> <p><strong> New credit: (10 percent of the total score):</strong> Opening <a href="http://www.wisebread.com/can-too-many-credit-cards-hurt-your-credit-score?ref=internal" target="_blank">too many credit lines</a> at once could suggest you&rsquo;re having financial trouble.</p> </li> </ol> <ol start="5"> <li> <p><strong> Credit mix: (10 percent of the total score):</strong> Lenders like to see that you can handle a variety of debt types, such as installment loans and credit cards. (See also: <a href="http://www.wisebread.com/how-credit-inquiries-affect-your-credit-score?ref=seealso" target="_blank">How Credit Inquiries Affect Your Credit Score</a>)</p> </li> </ol> <p>When you apply for a new card, it affects the new credit part of your score because the application will result in a new inquiry on your credit report &mdash; a so-called hard inquiry. Applying for a single line of credit will have very little effect on your credit score, but applying for multiple new lines of credit in a short period of time could cause a small, temporary drop in your score.</p> <h2>How business credit cards may affect your personal credit differently</h2> <p>In most ways, a small business credit card will affect your credit just like a personal credit card. However, some credit card issuers only report your business credit card account if it&rsquo;s delinquent and don&rsquo;t report balance and payment information at all. Therefore, your use of business credit card accounts may or may not affect your credit one way or another. (See also: <a href="http://www.wisebread.com/when-you-should-get-a-business-credit-card-over-a-consumer-card?ref=seealso" target="_blank">When to Get a Business Credit Card Over a Consumer Card</a>)</p> <p>Assuming you have a card that does report regularly to your personal credit, once approved, the new account will affect the credit history part of your score. It will lower the average age of your lines of credit, which on its own might cause a small drop in your score, especially if you have a very limited credit history.</p> <p>Your monthly balances and payment for this new account will appear on your credit report as well. So long as you make your payments on time, this new account will help build your credit history, which is good for your credit score.</p> <p>Finally, having a new line of credit may or may not help to reduce your credit utilization ratio. A card with a large credit limit (and business cards tend to have higher limits than personal cards) raises your amount of available credit. But in order to keep your utilization ratio low, you have to keep your balances low. If you quickly max out the new card, you could actually hurt your credit utilization ratio.</p> <p>If you get a business credit card that doesn&rsquo;t report to your personal credit, then the small dip in your credit from the hard inquiry will bounce back and nothing else will happen to your credit, unless you default on the business credit card. Then it will appear on your credit report as a loan in default.</p> <p>The only way to know for sure if your business credit card accounts are reporting your balance and payment information is to look at a copy of your credit report. You can obtain a free credit report each year from each of the three major consumer credit bureaus by going to AnnualCreditReport.com.</p> <h2>How business credit cards affect your business credit report</h2> <p>In addition to possibly affecting your personal credit report, your small business credit card may also affect your business credit reports. Your issuer may report your balance and payment information to companies that compile credit reports on small businesses. The main business credit reporting agencies are Dun &amp; Bradstreet, Experian, and Equifax. For many small businesses, having a strong business credit report is vital to securing future lines of credit and favorable payment terms from suppliers. It&rsquo;ll also benefit you to be able to get funding without a personal guarantee, which can only happen by building a strong business credit history first.</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2Fhow-small-business-credit-cards-affect-your-personal-credit&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2FHow%2520Small%2520Business%2520Credit%2520Cards%2520Affect%2520Your%2520Personal%2520Credit.jpg&amp;description=How%20Small%20Business%20Credit%20Cards%20Affect%20Your%20Personal%20Credit"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/How%20Small%20Business%20Credit%20Cards%20Affect%20Your%20Personal%20Credit.jpg" alt="How Small Business Credit Cards Affect Your Personal Credit" width="250" height="374" /></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/how-small-business-credit-cards-affect-your-personal-credit">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/10-smart-ways-to-get-a-small-business-loan">10 Smart Ways to Get a Small Business Loan</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/need-business-credit-build-your-personal-credit-first">Need Business Credit? Build Your Personal Credit First</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-ways-to-build-business-credit-when-youre-self-employed">5 Ways to Build Business Credit When You&#039;re Self-Employed</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-credit-cards-for-small-businesses">Best Credit Cards for Small Businesses</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/this-one-ratio-is-the-key-to-a-good-credit-score">This One Ratio Is the Key to a Good Credit Score</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards Entrepreneurship business owner credit cards credit score personal credit small business Tue, 21 Nov 2017 09:30:10 +0000 Jason Steele 2057716 at http://www.wisebread.com 5 Ways Your Credit Card Can Help You Manage Your Finances http://www.wisebread.com/5-ways-your-credit-card-can-help-you-manage-your-finances <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-ways-your-credit-card-can-help-you-manage-your-finances" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_online_shopping.jpg" alt="Woman online shopping" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>When most people think of credit cards and personal finances, they imagine the former ruining the latter. It's incredibly easy to make purchases with your credit card, which can be both its greatest strength and its most profound weakness.</p> <p>But rather than seeing credit cards as an enemy of your budgeting efforts, consider all the ways your cards can actually help you to manage your financial life. Try thinking of your credit cards as incredibly powerful financial tools that can be harnessed to achieve your goals.</p> <p>Here are five ways that your credit card can help you manage your finances.</p> <h2>1. Keeping records</h2> <p>One of the great things about both credit cards and debit cards is that they can offer you a record of every transaction you make. Your statements include the merchant name, the date of the transaction, and the amount. So if you ever wonder where your money is going, this is one way to find out in great detail. (See also: <a href="http://www.wisebread.com/top-seven-reasons-why-i-use-my-credit-card-for-everything?ref=seealso" target="_blank">Top 7 Reasons I Use My Credit Cards for Everything</a>)</p> <h2>2. Paying taxes</h2> <p>The record of all your payments can be vital when it comes time to complete your taxes. Your credit card statements can help you to identify and claim charitable contributions and other deductions, as well as business expenses.</p> <h2>3. Tracking category spending</h2> <p>Many credit cards have reporting features built in, so you can see statistics on where your money is being spent. For example, you can find out if you spent more at restaurants this month versus last, or how much you've been spending at gas stations. If you're a small-business owner, your credit card may contain even more robust expense reporting tools. Using these tools, you can see if you need to adjust your budget or tighten up spending in certain areas. (See also: <a href="http://www.wisebread.com/the-5-best-credit-cards-for-small-businesses?ref=seealso" target="_blank">Best Credit Cards for Your Small Business</a>)</p> <h2>4. Smoothing out your cash flow</h2> <p>Our income and our expenses are never as predictable as we would like them to be. Freelancers and small business owners occasionally deal with delayed payments from, and all of us will eventually have an unexpected home repair, car repair, or health care bill. Thankfully, your credit card can be used as a shock absorber of sorts for your personal finances. When a large bill arrives, or your income is delayed, you can rely on your credit card's grace period to hold you over until you can make ends meet.</p> <p>A <a href="http://www.wisebread.com/everything-you-didn-t-understand-about-credit-card-interest-grace-periods-and-penalty-aprs?ref=internal" target="_blank">credit card's grace period</a> is the time between when your statement period closes and your payment is due. When you pay your statement balance in full before the grace period ends, nearly all credit cards waive your interest charges. By law, a credit card's grace period must be at least 21 days, but many have grace periods of 25 days. This means that you could have as many as 30 days before your statement period ends, plus as many as 25 days to pay your balance in full. That adds up to an interest-free float of up to 55 days on your credit cards, giving you a lot of time to get your finances in order while avoiding interest charges.</p> <h2>5. Earning rewards</h2> <p>When you avoid interest charges by paying your monthly statement balances in full, then you can earn rewards from your credit cards at no cost. For example, some credit cards offer <a href="http://www.wisebread.com/5-best-cash-back-credit-cards?ref=internal" target="_blank">cash back</a> or <a href="http://www.wisebread.com/best-credit-cards-with-easy-travel-redemption?ref=internal" target="_blank">travel statement credits</a> worth a percentage of all your purchase transactions &mdash; sometimes as high as 2 percent on every purchase. Two percent might not sound like a lot, but it can help you to make ends meet.</p> <p>Instead of earning cash back, some people use <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards?ref=internal" target="_blank">travel rewards credit cards</a> to earn frequent flyer miles or hotel points. When you are able to use these travel rewards instead of paying out of pocket for a flight or a hotel stay, it's another way that your credit card can help you save money and manage your budget. (See also: <a href="http://www.wisebread.com/best-business-travel-credit-cards?ref=seealso" target="_blank">Best Travel Credit Cards for Small Businesses</a>)</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F5-ways-your-credit-card-can-help-you-manage-your-finances&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F5%2520Ways%2520Your%2520Credit%2520Card%2520Can%2520Help%2520You%2520Manage%2520Your%2520Finances.jpg&amp;description=5%20Ways%20Your%20Credit%20Card%20Can%20Help%20You%20Manage%20Your%20Finances"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/5%20Ways%20Your%20Credit%20Card%20Can%20Help%20You%20Manage%20Your%20Finances.jpg" alt="5 Ways Your Credit Card Can Help You Manage Your Finances" width="250" height="374" /></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/5-ways-your-credit-card-can-help-you-manage-your-finances">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/suze-orman-tells-us-to-pay-only-the-minimum-on-credit-cards-wait-what">Suze Orman Tells Us To Pay ONLY The Minimum On Credit Cards. Wait, What?!</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/deferred-interest-credit-cards-dont-fall-for-this-trick-over-the-holidays">Deferred Interest Credit Cards: Don&#039;t Fall For This Trick Over The Holidays</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/never-use-cash-for-these-11-things">Never Use Cash for These 11 Things</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/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-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> Budgeting Credit Cards budget tips credit card tips credit cards finances making a budget manage your money Thu, 19 Oct 2017 08:30:10 +0000 Jason Steele 2038828 at http://www.wisebread.com 6 Pitfalls When Chasing Travel Rewards http://www.wisebread.com/6-pitfalls-when-chasing-travel-rewards <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-pitfalls-when-chasing-travel-rewards" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/travel_planning_concept_on_table.jpg" alt="Travel planning concept on table" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>By signing up for <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards?ref=internal" target="_blank">travel credit cards</a>, earning travel points through bonus offers and regular spending, and using your points in the smartest way possible, you can travel to far-flung corners of the world while minimizing out-of-pocket expenses. (See also: <a href="http://www.wisebread.com/5-steps-to-getting-a-free-or-close-to-free-vacation-in-9-months-or-less-with-credit-cards?ref=seealso" target="_blank">5 Steps to Getting a Free Vacation in 9 Months with Credit Cards</a>)</p> <p>While this probably sounds intriguing and fun, and it is, there are so many nuances to this strategy that it&rsquo;s easy to get it all wrong. To be a pro, you need to know which types of travel currency to pursue, how to maximize your miles, and how to avoid the many pitfalls that come with using credit cards in general. (See also: <a href="http://www.wisebread.com/9-ways-to-use-travel-rewards-cards-to-get-free-trips?ref=seealso" target="_blank">How to Use Travel Rewards Cards to Get Free Trips</a>)</p> <h2>1. Missing out on a sign-up bonus</h2> <p><a href="http://www.wisebread.com/5-best-sign-up-bonuses-for-airline-miles-credit-cards?ref=internal" target="_blank">Credit card sign-up bonuses</a> offer one of the easiest ways to earn points or miles in a hurry. Often, you can earn up to 50,000 hotel points or airline miles after meeting a minimum spending requirement in the $1,000&ndash;$5,000 range within three months. Sounds easy, right?</p> <p>Unfortunately, far too many people jumble the details along the way. Either they fail to meet the <a href="http://www.wisebread.com/5-smart-ways-to-meet-a-rewards-card-minimum-spending-requirement?ref=internal" target="_blank">minimum spending requirement</a> because they mix up the dates, or they misread the fine print and don&rsquo;t spend enough.</p> <p>Either way, you&rsquo;ll want to avoid this mistake if you want to maximize the points and miles you earn. It helps to read the offer details and understand it inside and out before you take the plunge.</p> <h2>2. Failing to optimize</h2> <p>Failing to optimize is another common mistake many new travel hackers make. When you don&rsquo;t understand the details of individual rewards programs, it&rsquo;s easy to assume they&rsquo;re all the same. The thing is, not all travel programs are created equal &mdash; not even close. (See also: <a href="http://www.wisebread.com/how-travel-rewards-credit-cards-really-work?ref=seealso" target="_blank">How Travel Rewards Credit Cards Really Work</a>)</p> <p>Here&rsquo;s a good example of failing to optimize: Let&rsquo;s say someone has 50,000 Chase Ultimate Rewards points and needs to book a flight from Chicago to Los Angeles. Because they don&rsquo;t know any better, they might go ahead and book their flight through the Chase Ultimate Rewards portal for the current price, which happens to be 32,000 Chase points on that specific day.</p> <p>If they had dug a little deeper, however, they might find that you can often fly Southwest Airlines from Chicago Midway Airport into LAX for less than 13,000 points round trip. By transferring their points to Southwest instead of booking through the portal, they could have saved 19,000 points!</p> <p>The bottom line: Make sure you consider all your options before you use your points for travel. With some creative thinking and planning, you could find a much better deal. (See also: <a href="http://www.wisebread.com/7-frequent-flyer-rules-to-go-farther-on-fewer-miles?ref=seealso" target="_blank">7 Frequent Flyer Rules to Go Farther on Fewer Miles</a>)</p> <h2>3. Racking up credit card debt</h2> <p>Often, people who aren&rsquo;t financially sophisticated dive into the credit card rewards hobby without setting limits or expectations. Unfortunately, not having a plan for credit or never tracking your spending can easily lead down the winding road of credit card debt.</p> <p>To avoid debt and all the stress that comes with it, only use credit cards when you have a spending plan in place &mdash; and the discipline to pay your balance in full each month. If you wind up in debt, the rewards you earn will be wiped out by the credit card interest you&rsquo;ll pay each month.</p> <h2>4. Letting your points expire</h2> <p>It&rsquo;s crucial to make sure your hard-earned points don&rsquo;t expire before you&rsquo;ve had a chance to use them. While some programs like Delta SkyMiles and Chase Ultimate Rewards offer points that never expire, other travel currencies can expire if you don&rsquo;t &ldquo;earn or burn&rdquo; any points for 12&ndash;24 months.</p> <p>The best way to avoid expiring currencies is to know when your points will expire and enact a plan to &ldquo;restart the clock.&rdquo; Most of the time, it&rsquo;s fairly easy to save points by shopping through a loyalty shopping portal or spending even a handful of points. (See also: <a href="http://www.wisebread.com/how-to-save-frequent-flyer-miles-that-are-about-to-expire?ref=seealso" target="_blank">How to Save Frequent Flyer Miles That Are About to Expire</a>)</p> <h2>5. Earning points without a plan</h2> <p>I can&rsquo;t tell you how many times I&rsquo;ve seen people earn points and miles without any type of plan at all. Sometimes they are pursuing a currency that won&rsquo;t even work with their travel plans. For example, I know one person who built up a giant stash of Southwest Rapid Rewards points for a trip to Europe, without ever realizing that Southwest doesn&rsquo;t fly to Europe. (See also: <a href="http://www.wisebread.com/choose-the-best-travel-rewards-credit-card-with-this-guide?ref=seealso" target="_blank">Choose the Best Travel Rewards Credit Card with this Guide</a>)</p> <p>The best way to get ahead in the game is to get strategic about the points and miles you&rsquo;re earning and why. Figure out where you want to go, then decide which travel currency will get you there. Better yet, pursue flexible travel currency like Chase Ultimate Rewards or American Express Membership Rewards. That way, you can earn all the points you want and decide how to use them later on. (See also: <a href="http://www.wisebread.com/4-best-tools-for-tracking-your-rewards-miles?ref=seealso" target="_blank">Tools for Tracking Your Rewards Points</a>)</p> <h2>6. Waiting too long to book</h2> <p>While it&rsquo;s possible to book award travel right up to the last minute, anyone who has been in this hobby for a while will tell you it&rsquo;s better to book ahead.</p> <p>If you can book a flight six to nine months in advance, for example, you&rsquo;ll normally find more award availability than you will closer to departure. The same is true for hotels; since hotels have limited award availability, waiting too long to book can mean missing out. (See also: <a href="http://www.wisebread.com/12-expert-tips-for-redeeming-miles-for-free-travel?ref=seealso" target="_blank">12 Expert Tips for Redeeming Miles for Free Travel</a>)</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F6-pitfalls-when-chasing-travel-rewards&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F6%2520Pitfalls%2520When%2520Chasing%2520Travel%2520Rewards.jpg&amp;description=6%20Pitfalls%20When%20Chasing%20Travel%20Rewards"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/6%20Pitfalls%20When%20Chasing%20Travel%20Rewards.jpg" alt="6 Pitfalls When Chasing Travel Rewards" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/holly-johnson">Holly Johnson</a> of <a href="http://www.wisebread.com/6-pitfalls-when-chasing-travel-rewards">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-5"> <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/top-5-travel-reward-credit-cards">The Best Travel Reward 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/8-credit-card-perks-thatll-make-your-summer-travels-easier">Use These 8 Credit Card Perks to Save Big and Have More Fun on Your Summer Vacation</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/the-best-credit-cards-for-hotel-deals-and-rewards">The Best Credit Cards for Hotel Deals and Rewards</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/this-might-be-the-best-travel-rewards-program-no-matter-what-airline-you-fly">This Might Be the Best Travel Rewards Program (No Matter What Airline You Fly)</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/5-overwater-bungalows-you-can-book-with-rewards-points">5 Overwater Bungalows You Can Book With Rewards Points</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards Travel credit card rewards credit cards saving money spending habits Spending Money travel rewards travel tips Tue, 17 Oct 2017 08:30:10 +0000 Holly Johnson 2037241 at http://www.wisebread.com Best Credit Cards with Easy Travel Redemption http://www.wisebread.com/best-credit-cards-with-easy-travel-redemption <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-credit-cards-with-easy-travel-redemption" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock-506448440.jpg" alt="tourist" title="tourist" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Collecting points and miles and redeeming them for flights and stays are not for the faint of heart. Not only do you need to know how to read award charts and understand the additional rules and charges for using points, but you also have to deal with blackout dates and availability limits.</p> <p>Card issuers have tried to address this problem by offering travel rewards credit cards that feature points that you can redeem for statement credits toward travel purchases. With these cards, you book travel the way you normally would, with no blackout dates or capacity controls. Then, you redeem your rewards to pay for your travel. And unlike other types of travel rewards, using statement credits still allows you earn travel points when you book.</p> <p>Check out these best travel rewards cards that make it easy to actually cash in your points for travel.</p> <h2>Discover it&reg; Miles</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" src="http://www.lduhtrp.net/image-2822544-13216112-1516840259000" alt="" border="0" height="97" width="154" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target=" rel=" href="http://ct.wisebread.com/click.php?pg=288&amp;pid=67&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></p> <p>Travelers can earn a flat rate of 1.5x miles for each dollar you spend on all purchases with the <a href="http://ct.wisebread.com/click.php?pg=288&amp;pid=67&amp;pp=2&amp;uv=xname">Discover it&reg; Miles</a>, with no caps or limitations. There is no annual fee or foreign transaction fee. <a href="https://www.discovercard.com/application/terms?srcCde=KXD4">See rates and fees.</a></p> <p><strong>Bonus offer:</strong> Discover will match the miles that new cardmembers earn at the end of the first year.</p> <p><a href="http://ct.wisebread.com/click.php?pg=288&amp;pid=67&amp;pp=2&amp;uv=xend"><strong>Click here to learn more and apply for the Discover it&reg; Miles card today!</strong></a></p> <h2>Capital One&reg; Venture&reg; Rewards Credit Card</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" src="http://imgsynergy.com/product_creatives/9cac7606371ffe30a1bd49c860235e9c.png" alt="" width="154" border="0" height="97" /><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=288&amp;pid=26&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>Earn 2x miles for every dollar you spend on purchases with the <a href="http://ct.wisebread.com/click.php?pg=288&amp;pid=26&amp;pp=2&amp;uv=xname">Capital One&reg; Venture&reg; Rewards Credit Card</a>. You also earn unlimited 10x miles on hotels when you pay with your Venture card at hotels.com/Venture. Plus, receive up to $100 application fee credit for Global Entry or&nbsp;TSA Pre✓&reg;. There's a $95 annual fee for this card that's is waived for the first year, and it charges no foreign transaction fees.</p> <p><strong>Bonus offer:</strong> Earn 50,000 bonus miles after spending $3,000 on purchases within three months of account opening (worth $500 in travel statement credits).</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=288&amp;pid=26&amp;pp=2&amp;uv=xend">Click here to learn more and apply for the&nbsp;Capital One&reg; Venture&reg; Rewards Credit Card today!</a></strong></p> <h2>Bank of America&reg; Travel Rewards Credit Card</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" src="http://www.yceml.net/0832/12994368-1501687527833" width="154" border="0" height="97" /><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=288&amp;pid=108&amp;pp=3&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>With the <a href="http://ct.wisebread.com/click.php?pg=226&amp;pid=108&amp;pp=3&amp;uv=xname">Bank of America&reg; Travel Rewards Credit Card</a>, cardholders earn 1.5 points for each dollar they spend on all purchases, and 10 percent more points when you have an active Bank of America&reg; checking or savings account. You can redeem your rewards starting at 2,500 points, which is a lower threshold than some other cards. There's no annual fee for this card, and no foreign transaction fees.</p> <p><strong>Bonus offer:</strong>&nbsp;Earn 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $200 statement credit toward travel purchases.</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=288&amp;pid=108&amp;pp=3&amp;uv=xend">Click here to learn more and apply for the&nbsp;Bank of America&reg; Travel Rewards Credit Card today!</a></strong></p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/Best%20Credit%20Cards%20with%20Easy%20Travel%20Redemption_0.jpg" alt="Best Credit Cards with Easy Travel Redemption" width="250" height="374" /></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-credit-cards-with-easy-travel-redemption">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/10-flight-booking-hacks-to-save-you-hundreds">10 Flight Booking Hacks to Save You Hundreds</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/15-airport-hacks-from-professional-travelers">15 Airport Hacks From Professional Travelers</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/8-amazing-hawaiian-resorts-you-can-book-with-rewards-points">8 Amazing Hawaiian Resorts You Can Book With Rewards Points</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-to-get-cash-while-traveling-abroad">How to Get Cash While Traveling Abroad</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-airline-rewards-programs-for-trips-to-europe">The Best Airline Rewards Programs for Trips to Europe</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Travel credit cards statement credits Sun, 02 Jul 2017 20:31:43 +0000 Jason Steele 1971790 at http://www.wisebread.com The Best Airline Rewards Programs for Trips to Europe http://www.wisebread.com/the-best-airline-rewards-programs-for-trips-to-europe <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/the-best-airline-rewards-programs-for-trips-to-europe" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock-511319338.jpg" alt="couple in Europe" title="couple in Europe" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>If you&rsquo;ve been dreaming of a trip to Europe but can&rsquo;t stomach the cost of airfare, now is the perfect time to rethink your travel goals. Scoring a round-trip flight to nearly any European city may be easier than you think. The following airline loyalty programs offer great deals on their award seats.</p> <p>If you&rsquo;re trying to decide which airline program to join to get to Europe, consider these (and the credit cards that help you accrue points faster with them). (See also: <a href="http://www.wisebread.com/6-european-destinations-finally-cheap-enough-to-visit?ref=seealso">6 European Destinations Finally Cheap Enough to Visit</a>)</p> <h2>Air France/KLM Flying Blue</h2> <p>With Flying Blue, a round-trip flight to Europe is only 50,000 points from most American cities. And if you&rsquo;re worried that Air France or KLM don&rsquo;t fly out of your home airport, don&rsquo;t despair. You can book Air France and KLM flights with Delta Air Lines, which is part of the SkyTeam Airline Alliance with Air France, KLM, and others.</p> <p>For this summer, I booked round-trip flights into Munich, Germany and home from Zurich, Switzerland using 50,000 Flying Blue miles for each of my family members. Keep in mind you&rsquo;ll still need to pay government-mandated airline taxes and fees in addition to your miles. For our summer trip using Flying Blue miles, our taxes worked out to around $93 per person.</p> <h2>British Airways Avios</h2> <p>British Airways flights to Europe can cost varying amounts based on the class of ticket and when you fly. However, you can find off-peak round-trip tickets to most European cities for less than 50,000 BA points, called Avios, plus taxes and fees.</p> <p>While anything less than 50,000 miles to Europe is a steal, you must keep an eye on those taxes and fees. British Airways is notorious for its larger-than-life fuel surcharges on transatlantic itineraries, and there&rsquo;s no way around them. Before you transfer points to British Airways, make sure you have a handle on the fees you&rsquo;ll pay.</p> <h2>Air Canada Aeroplan</h2> <p>You can pick up an economy flight with Air Canada to most western European countries for 60,000 miles round-trip. You&rsquo;ll also need to pay government-mandated taxes and fees.</p> <p>Air Canada is also part of Star Alliance, meaning you can use them to book flights on European partners like Lufthansa. The number of miles you&rsquo;ll need will vary depending on when you travel and the country you&rsquo;re traveling to.</p> <h2>Delta SkyMiles</h2> <p>The bad news about Delta Air Lines is that they no longer publish an award chart. The good news is, you can occasionally find round-trip flights to Europe for 50,000&ndash;60,000 miles. It helps to do some digging, be flexible with dates and times, and be willing to fly into and out of alternate airports.</p> <p>Since Delta is part of the SkyTeam Alliance, you can use points to book flights on KLM or Air France. Again, the number of points you&rsquo;ll need will depend on your destination and travel dates.</p> <h2>Etihad</h2> <p>Award availability on Etihad can be extremely limited. If you&rsquo;re considering this strategy, make sure to start looking early and stay flexible in terms of dates and times. Once you&rsquo;re able to find a seat, you can fly round-trip to Europe for 60,000 miles plus taxes and fees.</p> <h2>Credit cards that transfer to airline partners</h2> <p>Joining the loyalty program of an airline that will fly to your desired European destination is just the first step. Loading up on miles and points is the next. The credit cards below transfer to the programs mentioned above. Use them for your everyday purchases and start planning your European adventure. Sometimes the bonus alone (after the spending requirement) can be enough for one round trip ticket!</p> <h3>Chase Sapphire Preferred&reg; Card</h3> <p><img src="http://www.imgsynergy.com/191x120/chase-sapphire-preferred-card-110716.png" class="img-exempt" style="float:right;margin:0 5px 5px 10px;" alt="" width="154" border="0" height="97" /><a href=" http://ct.wisebread.com/click.php?pg=289&amp;pid=38&amp;pp=1&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>The <a href="http://ct.wisebread.com/click.php?pg=289&amp;pid=38&amp;pp=1&amp;uv=xname" rel="nofollow" target="_blank">Chase Sapphire Preferred&reg; Card</a> is offering 50,000 points after you spend $4,000 on your card within the first three months from account opening. Those points are worth $625 if you use them to book travel through the Chase Ultimate Rewards portal, but they can be worth considerably more when you transfer them to a partner airline (includes Air France/KLM Flying Blue and British Airways Avios). This card does charge a $95 annual fee, but the fee is waived the first year.</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=289&amp;pid=38&amp;pp=1&amp;uv=xend" rel="nofollow" target="_blank">Click here to learn more and apply for the Chase Sapphire Preferred&reg; Card today!</a></strong></p> <h3>Gold Delta SkyMiles&reg; Credit Card from American Express</h3> <p><img class="img-exempt" style="float:right;margin:0 5px 5px 10px;" src="http://www.imgsynergy.com/191x120/gold-delta-skymiles-credit-card-from-american-express-022415.png" alt="" width="154" border="0" /><a target="_blank" href="http://ct.wisebread.com/click.php?pg=289&amp;pid=9&amp;pp=2&amp;uv=xcardbutton" 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>The&nbsp;<a target="_blank" href="http://ct.wisebread.com/click.php?pg=289&amp;pid=9&amp;pp=2&amp;uv=xname">Gold Delta SkyMiles&reg; Credit Card from American Express</a> is offering new cardholders 30,000 Bonus Miles after you spend $1,000 in purchases within the first 3 months and a $50 statement credit after you make a Delta purchase with your new Card within your first 3 months. Redeem miles toward travel on Delta and more than 15 airline partners. There is a $0 introductory annual fee for the first year, then $95. Terms apply. <a href="https://www.americanexpress.com/us/credit-cards/card-application/apply/prospect/terms/delta-gold-credit-card/26129-10-0/?print#terms-details">See rates and fees</a>.</p> <p><strong><a target="_blank" href="http://ct.wisebread.com/click.php?pg=289&amp;pid=9&amp;pp=2&amp;uv=xend">Click here to learn more and apply for the Gold Delta SkyMiles&reg; Credit Card from American Express today!</a></strong></p> <h3>The Platinum Card&reg; from American Express</h3> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" src="http://imgsynergy.com/product_creatives/d7a443fe113188ab241309d0eb0c2e33.png" alt="" width="154" border="0" height="97" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target="_blank" alt="The Platinum Card&reg; from American Express" title="The Platinum Card&reg; from American Express" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=289&amp;pid=11&amp;pp=3&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>The current welcome offer on the <a href="http://ct.wisebread.com/click.php?pg=289&amp;pid=11&amp;pp=3&amp;uv=xname" target="_blank">Platinum Card&reg; from American Express</a> makes it possible to earn 60,000 points after you use your card for $5,000 in purchases within the first three months of card membership. While you could potentially afford a flight to Europe by booking through the AmexTravel.com portal (where 60,000 points is worth $600 in flights), you&rsquo;ll have a better shot at getting to Europe with an Amex transfer partner (includes Air Canada, British Airways, Delta, Etihad, and KLM/Air France).</p> <p>This card comes with a $550 annual fee. However, it also includes up to a $200 airline credit, access to over 1,000 lounges around the world, up to $200 for Uber rides, and a global entry credit do add up to more value than that, but only if you actually use it. Terms apply. <a href="https://www.americanexpress.com/us/credit-cards/card-application/apply/prospect/terms/platinum-charge-card/26129-10-0/?print#terms-details">See rates and fees.</a></p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=289&amp;pid=11&amp;pp=3&amp;uv=xend" target="_blank">Click here to learn more and apply for the&nbsp;The Platinum Card&reg; from American Express today!</a></strong></p> <p>(See also: <a href="http://www.wisebread.com/5-steps-to-getting-a-free-or-close-to-free-vacation-in-9-months-or-less-with-credit-cards?ref=seealso2">How to Get a Free Vacation in 9 Months through Credit Cards</a>)</p> <h2>Tips for getting to Europe with points</h2> <p>Before you dive in, there are a few things you should know. Consider these tips:</p> <ul> <li>Start earning points early. Airline miles are notoriously difficult to use due to limited award availability, blackout dates, and the general wonkiness of their online booking portals. The best strategy for anyone planning to use miles is to start earning them early &mdash; then book ahead. Booking at least nine months in advance will make finding the flights you want easier.</li> <li>Check for award availability before you transfer points. Even if an airline promises you can get to a specific destination on miles, that doesn&rsquo;t mean it offers the award availability. Before you transfer points to an airline, check to make sure the flights you want are available.</li> <li>Compare taxes and fees with different transfer partners. Some airlines tack ridiculous fees on award bookings, and these fees can make using your miles especially expensive. Make sure to compare fees and availability with different airlines before you settle on an award flight with high fees.</li> </ul> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/The%20Best%20Airline%20Rewards%20Programs%20for%20Trips%20to%20Europe.jpg" alt="The Best Airline Rewards Programs for Trips to Europe" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/holly-johnson">Holly Johnson</a> of <a href="http://www.wisebread.com/the-best-airline-rewards-programs-for-trips-to-europe">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-7"> <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/5-steps-to-picking-the-best-airline-credit-card-for-the-most-rewards-value">5 Steps to Picking the Best Airline Credit Card for the Most Rewards Value</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/how-families-can-earn-and-use-travel-rewards">How Families Can Earn and Use Travel Rewards</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/once-in-a-lifetime-experiences-ive-earned-with-credit-card-rewards">Once-In-A-Lifetime Experiences I&#039;ve Earned With Credit Card Rewards</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/amazing-destinations-you-can-go-to-with-rewards-points-and-miles">Amazing Destinations You Can Go to With Rewards Points and Miles</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/9-ways-to-use-travel-rewards-cards-to-get-free-trips">How to Use Travel Rewards Cards to Get Free Trips</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards Travel Airfare airlines credit cards destinations Europe fees international miles points rewards taxes vacation Sun, 02 Jul 2017 20:24:55 +0000 Holly Johnson 1973264 at http://www.wisebread.com 8 Amazing Hawaiian Resorts You Can Book With Rewards Points http://www.wisebread.com/8-amazing-hawaiian-resorts-you-can-book-with-rewards-points <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/8-amazing-hawaiian-resorts-you-can-book-with-rewards-points" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/wailea_beach_on_the_southwest_shore_of_maui_hawaii.jpg" alt="Wailea Beach on the Southwest Shore of Maui Hawaii" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Hawaii is notoriously expensive as a vacation destination, both in terms of getting there and accommodations. Due to the high cost of living on the island, you'll also pay more for food, drinks, and entertainment than you would on the mainland.</p> <p>The good news is, airline and hotel rewards programs can take the sting out of a Hawaiian getaway &mdash; or at least, part of the expense. <a href="http://www.wisebread.com/5-best-co-branded-airline-credit-cards?ref=internal" target="_blank">Airline credit cards</a> can boost your frequent flyer stash, making it fairly easy to fly to Hawaii for free, especially if you live on the West Coast.</p> <p>With British Airways, for example, you can redeem 25,000 Avios for a round-trip flight to Hawaii (on partners Alaska Airlines or American Airlines) from specific West Coast cities like Los Angeles. So, for a family of four, you would only need 100,000 Avios. That's a lot of miles, but it's not beyond reach.</p> <p>You can get even more value if you strategically plan your credit card spending to earn free hotel nights for your tropical getaway. With an array of <a href="http://www.wisebread.com/the-best-credit-cards-for-hotel-deals-and-rewards?ref=internal" target="_blank">hotel credit cards</a>, you can book free nights at properties on nearly every Hawaiian island, and at nearly any price point.</p> <p>See also: <a href="http://www.wisebread.com/breakdown-of-benefits-and-value-of-the-best-hotel-rewards-programs-and-credit-cards?ref=seealso2" target="_blank">Breakdown of Benefits and Value of the Best Hotel Rewards Programs</a></p> <p>Aching for a Hawaiian getaway, but trying to avoid full fare? Check out these Hawaiian hotels you can book with points.</p> <h2>1. Andaz Maui at Wailea Resort</h2> <p>For just 25,000 Hyatt points per night, you can book a garden room with a king or queen bed, score a complimentary minibar with snacks, and enjoy a private lanai with stunning views at the Andaz Maui at Wailea Resort.</p> <p>The Andaz Maui is popular for its beachfront location on Maui's Pacific coast, multitiered infinity pools, and top-notch customer care. Guests have access to a private adults-only pool, an on-site spa and salon, and beach activities like kayaking and stand-up paddleboarding.</p> <h2>2. Grand Hyatt Kauai Resort and Spa</h2> <p>The Grand Hyatt Kauai Resort and Spa owns a startling spot on the white sand beaches of Poipu with 50 acres of beachfront gardens, manicured lawns, and open courtyards for guests to enjoy. A nightly stay here costs just 25,000 Hyatt points, for which you'll get a standard king or queen guest room with a private lanai and classic Hawaiian décor.</p> <p>The resort itself, which is fairly large considering it has more than 600 rooms, offers complimentary Wi-Fi, a 24-hour fitness center, Camp Hyatt for children, and access to a beautiful beach and pools.</p> <p>See also: <a href="http://www.wisebread.com/5-best-credit-cards-with-sign-up-bonuses-for-hotel-stays?ref=seealso2" target="_blank">Best Credit Cards with Sign Up Bonuses for Free Hotel Stays</a></p> <h2>3. Hilton Waikiki Beach</h2> <p>Consider a stay at the Hilton Waikiki Beach. A standard room with two queen beds and a city view can cost as little as 50,000 Hilton Honors points outside of peak times. These spacious rooms come with a flat screen TV and complimentary HBO, private balconies, and luxurious marble bathrooms.</p> <p>The hotel itself features an amazing location in the thick of Waikiki Beach, along with a spectacular beachfront and plenty of on-site activities and restaurants for families and couples. It's just over a mile from Diamond Head, and some rooms feature views of the famous mountain. It's also walking distance to the International Marketplace, Honolulu Zoo, Kapiolani Park, and the Waikiki Aquarium.</p> <h2>4. Grand Wailea, a Waldorf Astoria Resort</h2> <p>If you're familiar with the Waldorf Astoria Brand, you already know just how luxurious and opulent the Grand Wailea must be. This gorgeous beachfront property features seven on-site restaurants, inspiring art, an unbelievable beachfront directly out its doors, and nine amazing pools perfect for families. Active adults and kids can sign up for stand-up paddleboarding, kayaking tours, scuba lessons, and much more.</p> <p>If you want to stay here, you'll need a lot of Hilton Honors points. A standard garden view room with two queen beds can cost 138,000 Hilton Honors points per night or more. A Hilton credit card, however, could get you free stays at this property. (See also: <a href="http://www.wisebread.com/which-hilton-hhonors-credit-card-should-you-get?ref=seealso" target="_blank">Which Hilton Credit Card Should You Get?</a>)</p> <h2>5. Holiday Inn Resort: Waikiki Beachcomber</h2> <p>The Waikiki Beachcomber Holiday Inn Resort is located in a premier spot near the heart of Waikiki, upscale shopping, and one of the area's most beautiful beaches. The property itself offers free internet, spectacular ocean and mountain views, the perfect beach for swimming or sunbathing, and a pool ideal for kids.</p> <p>You can book a standard king room for just 40,000 IHG points per night, or use a combination of points and cash. Like other Holiday Inn Resorts, this property lets kids stay free when they share a room with their parents.</p> <h2>6. Sheraton Kona Resort &amp; Spa at Keauhou Bay</h2> <p>For just 10,000 Starwood starpoints per night, you can stay at the Sheraton Kona Resort &amp; Spa at Keauhou Bay. Its basic mountain and garden view rooms (bookable with points) feature the Sheraton Signature sleep experience with upgraded bedding, a private lanai, and an in-room refrigerator.</p> <p>The Sheraton Kona Resort &amp; Spa sits right at the edge of the water, providing amazing views of the mountains and ocean. You'll find meandering pools perfect for splashing or relaxing, killer views from every angle, and spacious rooms perfect for families. Enjoy sailing canoe tours, fishing, snorkeling, lei making, morning yoga, and many other activities.</p> <h2>7. Moana Surfrider, a Westin Resort &amp; Spa, Waikiki Beach</h2> <p>If you're in the mood to splurge, book the Moana Surfrider for 20,000-25,000 starpoints per night with the Starwood Preferred Guest program. A free night award qualifies you for a stay in a historic Banyan room with Heavenly bedding, high-speed internet access, and basic décor.</p> <p>The resort itself is bursting with things to do and see. An expansive lobby, outdoor dining opportunities, huge pool, and idyllic beachfront make it the perfect spot for families and couples alike. You'll also find an on-site fitness center and spa, perfect for staying in shape and scoring some much-needed relaxation.</p> <p>See also: <a href="http://www.wisebread.com/best-rewards-card-the-starwood-preferred-guest-credit-card-from-american-express?ref=seealso2" target="_blank">Our Favorite Hotel Credit Card: Starwood Preferred Guest Credit Card</a></p> <h2>8. Residence Inn Maui Wailea</h2> <p>If you're looking for a Hawaiian getaway with as much room as possible, consider cashing in some Marriott Rewards points for a stay at the Residence Inn Maui Wailea. Here, 40,000 Marriott Rewards points will get you a studio suite with a king or two queen beds, a living and dining area with full kitchen, and free breakfast. If you've vacationed in Hawaii in the past, you already know just how valuable free breakfast can be.</p> <p>The hotel itself has a spacious lobby, outdoor fire pits for guests, outstanding ocean views, a putting green, basketball court, fitness center, and a huge pool. With your own kitchen and so many amenities, you may never want to leave.</p> <p><strong>Related Stories:</strong></p> <ul> <li> <p><a href="http://www.wisebread.com/caribbean-island-vacations-anyone-can-afford?ref=seealso2" target="_blank">Caribbean Island Vacations Anyone Can Afford</a></p> </li> <li> <p><a href="http://www.wisebread.com/family-friendly-hotel-and-resort-chains-where-kids-stay-free?ref=seealso2" target="_blank">Family-Friendly Hotel and Resort Chains Where Kids Stay Free</a></p> </li> <li><a href="http://www.wisebread.com/once-in-a-lifetime-experiences-ive-earned-with-credit-card-rewards?ref=seealso2" target="_blank">Once-In-a-Lifetime Experiences I've Earned with Credit Card Rewards</a></li> </ul> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" data-pin-save="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F8-amazing-hawaiian-resorts-you-can-book-with-rewards-points&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F8%2520Amazing%2520Hawaiian%2520Resorts%2520You%2520Can%2520Book%2520With%2520Rewards%2520Points.jpg&amp;description=8%20Amazing%20Hawaiian%20Resorts%20You%20Can%20Book%20With%20Rewards%20Points"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/8%20Amazing%20Hawaiian%20Resorts%20You%20Can%20Book%20With%20Rewards%20Points.jpg" alt="8 Amazing Hawaiian Resorts You Can Book With Rewards Points" width="250" height="374" /></p> <p>&nbsp;</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/holly-johnson">Holly Johnson</a> of <a href="http://www.wisebread.com/8-amazing-hawaiian-resorts-you-can-book-with-rewards-points">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-8"> <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/yes-its-still-safe-to-visit-hawaii-during-the-volcanic-eruption">Yes, It&#039;s Still Safe to Visit Hawaii During the Volcanic Eruption</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/10-flight-booking-hacks-to-save-you-hundreds">10 Flight Booking Hacks to Save You Hundreds</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/15-airport-hacks-from-professional-travelers">15 Airport Hacks From Professional Travelers</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/cut-these-9-expenses-in-one-year-to-get-a-10-day-hawaii-vacation">Cut These 9 Expenses in One Year to Get a 10-Day Hawaii Vacation</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-credit-cards-with-easy-travel-redemption">Best Credit Cards with Easy Travel Redemption</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Travel credit cards credit cards rewards points hawaii hawaiian resorts hawaiian vacation hotel tips travel to hawaii Thu, 22 Jun 2017 08:30:16 +0000 Holly Johnson 1969761 at http://www.wisebread.com 5 Affordable Countries Every Outdoor Explorer Can Afford to Visit http://www.wisebread.com/5-affordable-countries-every-outdoor-explorer-can-afford-to-visit <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-affordable-countries-every-outdoor-explorer-can-afford-to-visit" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/hiking_alone_in_the_mountains.jpg" alt="Hiking alone in the mountains" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Exploring the great outdoors is a wonderful way to spend a vacation, yet it's not always cheap. Many countries have expensive national park fees, camp fees, and general high cost of travel.</p> <p>Check out these inexpensive destinations for your next outdoor adventure.</p> <h2>1. Canada</h2> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5197/bull_elk_in_banff_in_the_canadian_rockies.jpg" width="605" height="340" alt="" /></p> <p>Canada is an incredible destination for nature lovers. With a population of 35 million people spread over a vast 3.85 million square miles spanning from the Atlantic to the Pacific, and north to the Arctic Ocean, opportunities for outdoor recreation in untouched wilderness areas abound.</p> <p>Plus, as a part of the country's celebration of its 150th birthday, this year you can take advantage of the fact that <em>all </em>national parks in Canada are free with the <a href="https://www.commandesparcs-parksorders.ca/webapp/wcs/stores/servlet/CategoryDisplay?storeId=22953&amp;categoryId=216870&amp;catalogId=53407" target="_blank">2017 Discovery Pass</a>. With more than 40 national parks throughout the country, there is plenty of outdoor exploration to be done in expansive forests, tundra, and mountainous regions.</p> <p>Canada's well-known highlights such as Vancouver Island, Banff National Park, and the Whistler Blackcomb ski resort are well worth a visit. But you should also consider some lesser-known gems, like going on a <a href="http://arctickingdom.com/trip/narwhal-watching-and-safari/" target="_blank">polar bear and narwhal safari</a> in the far northern province of Nunavut.</p> <p>Highlights in the east of the country include Nova Scotia's Cape Breton Highlands, where you can take in spectacular coastal views and may even glimpse minke or pilot whales breaking offshore. In the winter months, you can ski in Quebec, north of Montreal.</p> <p>Head to the Great Lakes region for an epic canoe or kayak trip in the warmer months. Some of the diverse wildlife you could see along the way may include moose, bears, and loons, just to name a few.</p> <p>As an added budget bonus, the U.S. dollar currently trades around 40 percent better than it did five years ago, so Americans can save some serious money on a trip to our great northern neighbor.</p> <h2>2. Kyrgyzstan</h2> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5197/kazakh_jurt.jpg" width="605" height="340" alt="" /></p> <p>Between its rugged mountain ranges, extensive pasture lands, and high-altitude lakes, this rural country has no shortage of outdoor activities. Seminomadic peoples still live in the mountains here, with yurts dotting many mountainsides.</p> <p>Landing in Bishkek, the country's capital, you can head to Issyk-Kul, the world's second largest alpine lake, which is located at the foot of the Tian Shan Mountains. The area is a great base for an outdoors-oriented vacation, with swimming, hiking, camping, and trekking all available.</p> <p>Other trekking destinations include Lake Song Kol and Lenin Peak on the border with Tajikistan. For those who aren't interested in walking the whole way, horse treks in Kyrgyzstan are a fun way to get around.</p> <p>Kyrgyzstan is an affordable destination overall. We calculate the cost of traveling there at <a href="http://www.goatsontheroad.com/guide-backpacking-kyrgyzstan/" target="_blank">$63 per day for two people</a> sharing accommodations. Plus, you won't have to add visa fees to your travel budget, since no visa is required for Americans visiting for up to 60 days.</p> <p>Discover Kyrgyzstan, the government's official tourism arm, is currently planning new sustainable tourism options around Issyk-Kul and hiking opportunities in the Jyrgalan region, so it's likely that the country will soon be on the radar of all outdoor enthusiasts.</p> <h2>3. Nepal</h2> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5197/prayer_flags_and_mt._annapurna_i_background.jpg" width="605" height="340" alt="" /></p> <p>Nepal is an internationally renowned destination for adventurers, boasting the famous Everest and Annapurna peaks, and lesser-known areas for trekking, such as the Langtang region north of the capital city, Kathmandu. While summiting Everest is a highly technical and expensive undertaking, there are many other treks in the country that are accessible to hikers of nearly all levels.</p> <p>Planning a trek to a mountain base camp is one good option, enabling you to hike in the vicinity of the world's greatest peaks without spending tens of thousands of dollars to summit them. These are still challenging hikes that should not be underestimated, but with training and proper preparation, they are certainly manageable.</p> <p>Most hikes can be easily planned out of Kathmandu, the country's vibrant and busy urban center. Here you can acquire the required permits for your trek, which usually cost around 2,000 Nepali rupees, or about $20. Farther west, the charming tourist town of Pokhara is a common base for travelers preparing to do the popular Annapurna circuit trek.</p> <p>Not only does Nepal boast stunning landscapes, but it's also a very affordable place to travel, with cheap transportation and meals costing as little as $1. Lonely Planet estimates you can travel for as little as $30 a day, including budget accommodations, two meals, and a trekking porter/guide. A midrange organized trek costs $60&ndash;$80 per day.</p> <h2>4. Chile</h2> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5197/graceful_silhouette_guanaco_on_the_lake_pehoe.jpg" width="605" height="340" alt="" /></p> <p>Chile is a country of abundant natural beauty, from its extensive coastline to the impressive mountains of Patagonia &mdash; a breathtaking trekking region at the southern end of Chile and Argentina.</p> <p>Torres del Paine National Park, in the heart of Chilean Patagonia, is replete with glaciers and crystal clear mountain lakes. You'll want to plan a trip between mid-September and early May, which are the southern hemisphere's warmer months.</p> <p>Overall, Patagonia is not a budget destination, but it is quite possible to do one of the famous treks in Torres del Paine without breaking the bank. The entrance fee is around $30, but if you plan to do the W Trek (four days) or the O Trek (around eight days), this fee is minimal given the amount of time you'll be spending in the park.</p> <p>There are also numerous free campsites in the park that can help you save money as well. Pack your own food, stay in as many free campsites as you can, and you can end the entire O Trek in Patagonia spending very little. Even if you do have to pay for campsites, they're only around $15 per person, so it's pretty affordable accommodations!</p> <p>Unless you have a lot of time for a road trip, you'll want to fly into the Patagonian towns of Punta Arenas or Puerto Natales. Be sure to reserve your flight far ahead &mdash; Travel and Leisure recommends booking six months in advance &mdash; to ensure you get a seat on one of these in-demand flights.</p> <p>Other impressive sites in Chile include the Atacama Desert, which is one of the best places on earth for stargazing, given its high altitude and the near absence of humidity in the air. (See also: <a href="http://www.wisebread.com/these-6-things-will-make-your-next-flight-more-comfortable?ref=seealso" target="_blank">6 Things That Will Make Your Next Flight More Comfortable</a>)</p> <h2>5. Thailand</h2> <p><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5197/sunset_thai_countryside_in_thailand.jpg" width="605" height="340" alt="" /></p> <p>Long known as a budget traveler's paradise, Thailand was recently rated as one of the world's 20 cheapest countries to visit by The Telegraph newspaper. Lonely Planet estimates travelers here can get by on as little as $29 a day, with delicious street meals costing less than $2 in many cases.</p> <p>Known for its beautiful beaches, Thailand is actually a fairly diverse outdoor destination. There are many jungle treks in the north of the country where you can explore the country's rich cultural heritage and visit some of the many impressive temples. Most of these treks depart from Chiang Mai and Chiang Rai.</p> <p>For shorter hikes off the beaten path, check out Sri Phang Nga National Park in southern Thailand, which features spectacular waterfalls, abundant wildlife, and huge parasitic rafflesia flowers.</p> <p>Interested in water activities? Head to islands like Ko Pha Ngan and Ko Tao, where you can complete your scuba diving certification without breaking the bank. An open water certification costs 9,800 baht (or around $285). There is no need to book ahead, since the island is full of dive shops that offer certifications, and you can comfortably shop around for the best price once you arrive.</p> <p>If you're not a diver, you can explore the islands by scooter or foot, stopping to snorkel and swim along the way.</p> <h2 style="text-align: center;">Like this article? Pin it!</h2> <div align="center"><a data-pin-do="buttonPin" data-pin-count="above" data-pin-tall="true" data-pin-save="true" href="https://www.pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.wisebread.com%2F5-affordable-countries-every-outdoor-explorer-can-afford-to-visit&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2F5%2520Affordable%2520Countries%2520Every%2520Outdoor%2520Explorer%2520Can%2520Afford%2520to%2520Visit.jpg&amp;description=5%20Affordable%20Countries%20Every%20Outdoor%20Explorer%20Can%20Afford%20to%20Visit"></a></p> <script async defer src="//assets.pinterest.com/js/pinit.js"></script></div> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/5%20Affordable%20Countries%20Every%20Outdoor%20Explorer%20Can%20Afford%20to%20Visit.jpg" alt="5 Affordable Countries Every Outdoor Explorer Can Afford to Visit" width="250" height="374" /></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/amanda-gokee">Amanda Gokee</a> of <a href="http://www.wisebread.com/5-affordable-countries-every-outdoor-explorer-can-afford-to-visit">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-9"> <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/camping-for-a-week-is-only-160-at-these-national-parks">Camping for a Week Is Only $160 at These National Parks</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/a-diy-air-conditioner-and-14-other-cool-camping-hacks">A DIY Air Conditioner and 14 Other Cool Camping Hacks</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/7-things-you-should-never-do-when-camping">7 Things You Should Never Do When Camping</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/8-best-cities-for-frugal-lovers-of-the-outdoors">8 Best Cities for Frugal Lovers of the Outdoors</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/7-ways-using-credit-can-help-you-enjoy-a-cheaper-safer-summer-vacation">7 Ways Using Credit Can Help You Enjoy a Cheaper, Safer Summer Vacation</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Travel camping cheap travel credit cards hiking nature outdoors travel Mon, 05 Jun 2017 08:30:08 +0000 Amanda Gokee 1957907 at http://www.wisebread.com How to Get Cash While Traveling Abroad http://www.wisebread.com/how-to-get-cash-while-traveling-abroad <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-to-get-cash-while-traveling-abroad" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock-522548212.jpg" alt="take out cash while traveling abroad without getting hit with fees" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>When you're on the road, whether it's for a domestic or international trip, a <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards?ref=internal" target="_blank">good travel credit card</a> can usually meet most of your payment needs. But inevitably, you will need cash at some point, too &mdash; for instance, when you want to tip skycaps, bellhops, and other service providers who don't take credit cards. In addition, many retailers in the developing world &mdash; and even advanced nations like Japan &mdash; still don't take credit cards. Finally, there are merchants at flea markets, farmer's markets, and traditional shopping areas where you can drive a harder bargain if you pay in cash.</p> <h2>Don't Use Your Credit Card at an ATM</h2> <p>Credit cards are the worst way to access cash at home or abroad. To do so, you have to take out a cash advance. Most credit cards charge an extremely high interest rate &mdash; often over 25% APR &mdash; for cash advances, even if they offer a competitive rate for purchases. Furthermore, cash advances don't come with a grace period, so those interest charges begin accruing as soon as you make your transaction. Most credit cards also impose a cash advance fee of 5% or $10, whichever is greater. On top of that, you may be charged a foreign transaction fee as well as an ATM fee.</p> <p>If you're thinking it still might be worth taking out a cash advance to earn rewards through your credit card, you should know that cash advances don't earn rewards. Even if they did, the fees would far outweigh the value of any rewards anyway.</p> <h2>Debit Cards Are Better for Accessing Cash<strong> </strong></h2> <p>The key to accessing cash at home or while traveling is to have a debit card linked to your bank account. These cards will never impose interest charges or cash advance fees, which can represent most of the costs associated with using a credit card at an ATM. In addition, most credit cards issued by banks in the United States are part of global networks such as Pulse, Plus, and Interlink, which virtually assure compatibility with ATMs all over the world.</p> <p>Check with your bank about ATMs available in the area you'll be visiting, fees to use out of network ATMs, as well as currency exchange fees. You may want to consider opening an account with a bank that has better rates like fee-free ATM use. Some banks charge you a flat fee each time you use your debit card at an ATM that's outside of their network, and some ATM operators also charge a fee for using an out-of-network card (yes, that's <em>two</em> separate fees). In addition, most banks charge a 3% foreign transaction fee, and even if they don't, the card networks &mdash; Visa and MasterCard &mdash; charge 1% for purchases for withdrawals in a foreign currency.</p> <p>Fortunately, there are some banks that don't charge these fees, and others, such as Schwab Bank, will even reimburse you for any ATM-associated fees. Read the fine print on your agreement before you leave. (See also: <a href="http://www.wisebread.com/5-best-online-checking-accounts?ref=seealso" target="_blank">Best Online Banks for Checking Accounts</a>)</p> <h2>Best Practices for Accessing Cash From ATMs</h2> <p>First, you should contact your bank before you travel to inform it what countries you will be visiting. This will prevent the bank from suspecting fraud and freezing your account. This is also a good time to ask what fees you can expect from your card &mdash; including out-of-network fees and foreign transaction fees.</p> <p>Once you're traveling, look to withdraw money from an ATM that's part of your bank's network, so that you will not be charged any out-of-network fees. And if you are charged fees, you can minimize these flat charges by making fewer, larger withdrawals rather than many smaller ones. Make sure to take extra precaution though, if planning to carry around large sums of cash. (See also: <a href="http://www.wisebread.com/how-to-avoid-theft-while-traveling?ref=seealso" target="_blank">How to Avoid Theft While Traveling</a>)</p> <p>Finally, try to use an ATM from a major bank rather than a standalone machine, especially at an airport. The machines at the large banks are typically the ones used by locals and will likely have lower fees, while standalone machines in tourist areas will often have the highest fees. In addition, there can be more security when you are in the lobby of a bank as opposed to accessing cash from a small machine in a crowded area.</p> <p>By using these tips to access cash, you should have the money you need wherever your travels take you, without paying unnecessary fees.</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%2Fhow-to-get-cash-while-traveling-abroad&amp;media=http%3A%2F%2Fwww.wisebread.com%2Ffiles%2Ffruganomics%2Fu5180%2FHow%20to%20Get%20Cash%20While%20Traveling%20Abroad.jpg&amp;description=How%20to%20Get%20Cash%20While%20Traveling%20Abroad" 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> <p style="text-align: center;"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u5180/How%20to%20Get%20Cash%20While%20Traveling%20Abroad.jpg" alt="How to Get Cash While Traveling Abroad" width="250" height="374" /></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/how-to-get-cash-while-traveling-abroad">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/10-flight-booking-hacks-to-save-you-hundreds">10 Flight Booking Hacks to Save You Hundreds</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/15-airport-hacks-from-professional-travelers">15 Airport Hacks From Professional Travelers</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/would-you-get-rid-of-credit-cards-if-stores-give-more-discounts-to-customers-who-pay-cash">Would you get rid of credit cards if stores give more discounts to customers who pay cash ?</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-credit-cards-with-easy-travel-redemption">Best Credit Cards with Easy Travel Redemption</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/carry-some-cash">Carry some cash</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Travel atms bank transfers cash credit cards traveler's cheques Tue, 14 Feb 2017 10:30:39 +0000 Jason Steele 1892046 at http://www.wisebread.com Why Millennials Should Embrace Credit Cards http://www.wisebread.com/why-millennials-should-embrace-credit-cards <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/why-millennials-should-embrace-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/women_credit_card_92044311.jpg" alt="Learning why millennials should embrace credit cards" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Millennials are avoiding credit cards more than any other generation. Perhaps this is because they have witnessed their own parents <a href="http://www.wisebread.com/fastest-way-to-pay-off-10000-in-credit-card-debt?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">struggling with debt</a>, or they are already feeling overwhelmed by <a href="http://www.wisebread.com/should-you-refinance-your-student-loan?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">student loan repayments</a>. While debt is a good thing to avoid, especially if you don't want to live paycheck to paycheck for the rest of your life, credit cards aren&rsquo;t always the enemy. (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=article">13 Awesome Credit Card Perks You Didn&rsquo;t Know About</a>)</p> <p>In fact, credit cards can actually be beneficial toward your financial goals. Here are just a few reasons why you should embrace credit cards, after all.</p> <p>See also: <a href="http://www.wisebread.com/4-surprising-reasons-to-always-use-your-credit-card?utm_source=wisebread&amp;utm_medium=seealso2&amp;utm_campaign=cc_article">4 Surprising Reasons to Always Use Your Credit Card</a></p> <h2>Better Protection</h2> <p>If your credit card account information is stolen, and someone goes on a spending spree, you have some time to resolve it. Card charges you flag as fraudulent will be placed on hold while investigated, and you won&rsquo;t be responsible for their payment or even interest accrual. While fraudulent charges are a royal pain, the silver lining is that none of your actual money has been stolen from your bank account.</p> <p>This is not true if your debit card, PayPal, or Venmo account has been hacked, and funds are used without your permission. You would report the fraud to your bank, but those funds have already left your account. You&rsquo;d have to wait for the bank to resolve this. In the meantime, if you have bills to pay, you&rsquo;ll be left asking for an extension while your bank investigates.</p> <h2>Build Up Credit</h2> <p>Your credit score affects everything from your interest rate for a new vehicle, to whether or not you qualify to rent, and even your job, if your career requires a specific clearance. Even having zero credit can be very harmful for your finances. You will end up having to cosign your loan with somebody, or you could be hit with a high interest rate.</p> <p>You don&rsquo;t even have to use your credit card all the time to <a href="http://www.wisebread.com/how-to-use-credit-cards-to-improve-your-credit-score?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">build a healthy credit score</a>. Instead, start with one credit card, spend $100&ndash;$200 a month on it, and pay it off each month. Look for a card that comes with <a href="http://www.wisebread.com/the-5-best-credit-cards-that-offer-free-credit-scores?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=cc_article">free credit score monitoring</a> so you can keep track of your score.</p> <h2>Get Free Money</h2> <p>Even if you aren&rsquo;t interested in the world of credit card rewards, it&rsquo;s simple to get cash back for your purchases. Some cards will offer a higher percentage of cash back for certain types of purchases, like <a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">groceries</a>, <a href="http://www.wisebread.com/the-5-best-credit-cards-for-dining-out?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">dining</a>, or <a href="http://www.wisebread.com/5-best-gas-rewards-credit-cards?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">gas</a>. Others have a <a href="http://www.wisebread.com/best-credit-cards-that-offer-flat-rate-rewards-for-all-spending?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">flat rate cash back percentage</a> on all purchases, so you don&rsquo;t have to worry about bonus categories. Either way, you&rsquo;re getting money back on purchases you&rsquo;re already planning on making. (See also: <a href="http://www.wisebread.com/5-best-cash-back-credit-cards?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">Best Cash Back Credit Cards</a>)</p> <h2>Get Free Travel</h2> <p>Collecting credit card <a href="http://www.wisebread.com/5-steps-to-getting-a-free-or-close-to-free-vacation-in-9-months-or-less-with-credit-cards?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">rewards points for travel</a> doesn&rsquo;t have to be complicated. Get points or miles for the purchases you make on your card, redeem them for statement credits toward travel purchases, or use the points to purchase travel. The best part about <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">travel rewards credit cards</a> is 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=article">sign up bonuses</a> that you can collect when you get a new card. My husband and I <a href="http://www.wisebread.com/how-i-redeemed-a-12000-family-vacation-with-credit-card-rewards-in-2-months?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">earned a free trip</a> just by switching our regular spending to a new card for a few months. (See also: <a href="http://www.wisebread.com/how-travel-rewards-credit-cards-really-work?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">How Travel Rewards Credit Cards Really Work</a>)</p> <p>Take advantage of these promotions and bonus points to travel your dream destinations more affordably. Once you get married and have kids, it is harder to see the world.</p> <h2>Purchase Protection</h2> <p>Credit cards have an amazing number of protections in place. Purchase protection protects against theft and damage. Price protection allows you to get a difference on an item&rsquo;s price if it goes down shortly after you&rsquo;ve bought it. Extended warranty automatically extends the warranty on your item up to an additional year. Some even have return protection, which allows you to get a refund even if you&rsquo;ve been denied a return from the vendor.</p> <h2>Interest Free Financing</h2> <p>Many cards offer <a href="http://www.wisebread.com/5-best-credit-cards-with-0-apr-for-purchases?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">0% intro APR on purchases for 6-18 months</a>. This means that you can pay off a large purchase over a year and half, with no interest. The important thing to remember though, is that you have to be committed to paying it off during that time. It&rsquo;s never wise to accrue credit card debt, pay interest, and live beyond your means. But getting an interest-free loan for 18 months if you are certain you can pay it off, is a great deal.</p> <h2>Car Rental</h2> <p>Most car rental vendors will require a credit card. Even better is that many <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=article">credit cards also come with rental car insurance</a>, which will save you money on your rental.</p> <h2>Avoid Fees While Traveling</h2> <p>Instead of paying an exchange rate for cash when traveling abroad, use a <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=article">credit card with no foreign transaction fees</a>. It has the benefit of being safer than carrying cash, and has built in fraud and purchase protections.</p> <h2>Benefiting From Credit Cards While Staying Out of Debt</h2> <p>Even with all of the benefits a credit card can bring, &ldquo;25% of Millennials describe credit cards as something that worsens their financial standing,&rdquo; according to one study. It is true that credit cards can dig you deep into debt and financial problems if you aren&rsquo;t careful. Here are three ways to reap the benefits without falling into debt.</p> <ul> <li><strong>Balance Credit Cards Like Checkbooks: </strong>Past generations used to balance their checkbooks by writing down every expense, making sure they knew how much was in their checking account at all times. Modern technology has made this practice archaic, but it still can be useful. Every time you spend money on your credit card, subtract it from your checking account either with the help of an app or pen and paper.<br /> &nbsp;</li> <li><strong>Use Credit Cards to Pay for Usual Bills: </strong>You can earn points without spending more than you already do each month. Pay your bills online through a credit card or use one solely for gas or groceries. Take advantage of cards that offer extra points for spending in a certain category.<br /> &nbsp;</li> <li><strong>Don&rsquo;t Let Credit Cards Change Your Spending Mentality: </strong>Credit cards can give us the false illusion that we have more money than we actually have to spend. Don&rsquo;t fall victim to this. Still stick to a strict budget and only splurge what you have set aside specifically for spending.</li> </ul> <p>It is great that Millennials are trying to avoid debt more than the other generations. However, avoiding debt does not mean you have to avoid credit cards. Use credit cards to your advantage to make your <a href="http://www.wisebread.com/best-credit-cards-for-everyday-purchases?utm_source=wisebread&amp;utm_medium=internal&amp;utm_campaign=article">everyday spending go a little further</a>. (See also: <a href="http://www.wisebread.com/how-to-save-an-extra-109486-a-year?utm_source=wisebread&amp;utm_medium=seealso&amp;utm_campaign=article">How to Save an Extra $1,000 a Year</a>)</p> <p><em>What is your favorite credit card to use? </em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-eneriz">Ashley Eneriz</a> of <a href="http://www.wisebread.com/why-millennials-should-embrace-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-11"> <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/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-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-surprising-ways-to-negatively-affect-your-credit-score">10 Surprising Ways to Negatively Affect Your Credit Score</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/pre-approved-for-credit-card-offers-are-you-pre-qualified">Pre-Approved for Credit Card Offers: Are You Pre-Qualified?</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/10-flight-booking-hacks-to-save-you-hundreds">10 Flight Booking Hacks to Save You Hundreds</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/5-best-online-savings-accounts">5 Best Online Savings Accounts</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards car rentals credit cards credit scores financing fraud protection millennials travel warranties Thu, 21 Jul 2016 10:00:12 +0000 Ashley Eneriz 1753340 at http://www.wisebread.com Pre-Approved for Credit Card Offers: Are You Pre-Qualified? http://www.wisebread.com/pre-approved-for-credit-card-offers-are-you-pre-qualified <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/pre-approved-for-credit-card-offers-are-you-pre-qualified" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000031564494_Small.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="166" /></a> </div> </div> </div> <p>Have you ever received something in the mail that said you are &quot;preapproved&quot; or &quot;prequalified&quot; for a new credit card account? If so, then you've probably wondered what this means, and why you've received it. The answers may surprise you.</p> <h2>What these offers mean</h2> <p>Credit card issuers are allowed to purchase data in bulk from consumer credit bureaus, and they scan that information to find people who are likely to be approved for a new account. The data will typically include your credit score, your zip code, your age, and other general factors. Thankfully, these inquiries to your credit information do not affect your credit score in any way.</p> <p>But even though you may have received one of these offers, there is no guarantee that you will actually be approved when you apply. First of all, the parameters that the card issuer used to generate your preapproval or prequalification are approximate, and the card issuer still reserves the right to deny you based on additional information that you provide in your application. Furthermore, the information it received to generate your preapproval could be out of date by weeks, or even months. So if you have recently applied for several new lines of credit, or worse, failed to make on-time payments to one or more of your accounts, your credit score will suffer and your application could be denied.</p> <h2>The difference between preapproval and prequalification</h2> <p>In the mortgage industry, the terms &quot;preapproval&quot; and &quot;prequalification&quot; can have different meanings. A prequalification is generally the first step in the mortgage approval process where you get a general idea of the size of the mortgage that you can qualify for. In order to get a preapproval, you usually have to have a completed mortgage application, have provided documentation on your finances, and have run a credit check.</p> <p>But when it comes to credit cards, the terms &quot;preapproval&quot; and &quot;prequalification&quot; are used interchangeably to indicate the same thing &mdash; that a card issuer feels that you may be approved for a new credit card, based on some preliminary data on you that it purchased from a credit bureau. In addition, you may sometimes see the term &quot;prescreened,&quot; which also means the same thing.</p> <h2>Checking to see if you are pre-qualified</h2> <p>Most credit card issuing banks offer portals online where you can check to see if you are preapproved. Select a bank below and see which credit card offers are available.</p> <ul> <li><a href="http://www.wisebread.com/bank-of-america-credit-card-offers-applications-reviews?ref=internal">Bank of America</a></li> <li><a href="http://www.wisebread.com/barclaycard-credit-card-offers-applications-reviews?ref=internal">Barclaycard</a></li> <li><a href="http://www.wisebread.com/capital-one-credit-card-applications?ref=internal">Capital One</a></li> <li><a href="http://www.wisebread.com/chase-credit-card-offers-applications-reviews?ref=internal">Chase</a></li> <li><a href="http://www.wisebread.com/citi-credit-card-offers-applications-reviews?ref=internal">Citibank</a></li> <li><a href="http://www.wisebread.com/discover-credit-card-offers-applications-reviews?ref=internal">Discover</a></li> <li><a href="http://www.wisebread.com/us-bank-credit-card-offers-applications-reviews?ref=internal">U.S. Bank</a></li> <li><a href="http://www.wisebread.com/american-express-credit-card-offers-applications-reviews?ref=internal">American Express</a></li> </ul> <h2>What should you do with these offers?</h2> <p>Just because you received one of these offers in the mail, it isn't necessarily a reason to celebrate. If you are interested in applying for that particular card, then you should check to make sure that you received a competitive offer. For example, you might find other offers online that have a <a href="http://www.wisebread.com/5-best-credit-cards-that-offer-bonus-cash-for-sign-up?ref=internal">higher sign-up bonus</a>, a waiver of the first year's annual fee, or more generous <a href="http://www.wisebread.com/the-best-0-balance-transfer-credit-cards?ref=internal">promotional financing terms</a> than the offer you received in the mail.</p> <p>Nevertheless, you may receive a preapproved or prequalified offer that is as good or better than what is available online (sometimes they selectively offer better sign up bonuses that aren&rsquo;t available to the general public). But even if this is true, you will want to make sure that the card is the best one available for your needs.</p> <p>By understanding the meaning of these terms, you can select the ideal card offer, and not give too much weight to marketing material labeled with enticing offers of preapproval or prequalification.</p> <h2>How to position yourself for special offers in the future</h2> <p>You'll receive the best special offers in the future if you have a higher credit score. If you have had credit problems in the past or you are working on building your credit, you may not find the offers you receive to be the most attractive. However, if you continue to make your payments on time, keep your balances low, and manage the accounts you have responsibly, over time, your credit rating will increase and you'll see a change in the prequalification offers you receive.</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/pre-approved-for-credit-card-offers-are-you-pre-qualified">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-12"> <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/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-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-online-savings-accounts">5 Best Online Savings Accounts</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/suze-orman-tells-us-to-pay-only-the-minimum-on-credit-cards-wait-what">Suze Orman Tells Us To Pay ONLY The Minimum On Credit Cards. Wait, What?!</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/3-smartphone-apps-that-manage-and-maximize-your-credit-card-rewards">3 Smartphone Apps That Manage and Maximize Your Credit Card Rewards</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/how-rewards-credit-cards-really-work">How Cash Rewards Credit Cards Really Work</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards credit cards Sat, 19 Mar 2016 08:00:10 +0000 Jason Steele 1671106 at http://www.wisebread.com