annual fees http://www.wisebread.com/taxonomy/term/8378/all en-US The 5 Best Credit Cards With Annual Fees http://www.wisebread.com/the-5-best-credit-cards-with-annual-fees <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/the-5-best-credit-cards-with-annual-fees" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_credit_cards_000033135246.jpg" alt="Woman with credit card" title="Woman with credit card" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Many credit card users reach a certain point when they realize that they are able to get more benefits from credit cards that have an annual fee than they are from those that don't. Perhaps these cardholders use the extra travel benefits, or maybe they find themselves spending enough to justify paying for a card that offers a lot more rewards.</p> <p>For those who are willing to pay an annual fee, the question then becomes how to find a card that offers the most valuable features relative to the cost of the annual fee. Here are the best cards that have the most competitive cost to benefit ratios.</p> <h2>Chase Sapphire Preferred&reg; Card</h2> <p><img src="http://www.imgsynergy.com/191x120/chase-sapphire-preferred-card-110716.png" style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" height="97" width="154" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" href="http://ct.wisebread.com/click.php?pg=23&amp;pid=38&amp;pp=1&amp;uv=xcardbutton" title="Chase Sapphire Preferred&reg; Card" alt="Chase Sapphire Preferred&reg; Card" rel="nofollow" target="_blank"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>The <a href="http://ct.wisebread.com/click.php?pg=23&amp;pid=38&amp;pp=1&amp;uv=xname" rel="nofollow" target="_blank">Chase Sapphire Preferred&reg; Card</a> is one of the most popular traveler rewards cards. Earn 2X points on travel and dining at restaurants &amp; 1 point per dollar spent on all other purchases worldwide. Points can then be redeemed for travel, gift cards, cash back, merchandise and more, or transferred to points and miles at full 1:1 value with participating frequent travel programs. There is a $95 annual fee for this card that is waived the first year, and no foreign transaction fees.</p> <p><strong>Bonus offer:</strong> Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That&rsquo;s $625 in travel when you redeem through Chase Ultimate Rewards&reg;. Earn 5,000 more bonus points after adding the first authorized user and making a purchase &mdash; also within the first three months.</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=23&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> <h2>Capital One&reg; Venture&reg; Rewards Credit Card</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" src="http://www.imgsynergy.com/191x120/capital-one-venture-rewards-credit-card-101614.png" height="97" width="154" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target="_blank" alt="Capital One&reg; Venture&reg; Rewards Credit Card" title="Capital One&reg; Venture&reg; Rewards Credit Card" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=23&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>The <a target="_blank" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=23&amp;pid=26&amp;pp=2&amp;uv=xname">Capital One&reg; Venture&reg; Rewards Credit Card</a> offers a straightforward points system &mdash; get 2x miles per dollar, <em>unlimited</em>, on every purchase. Redeeming the points is just a matter of applying the miles to your travel purchases as statement credit. This methods provides the traveler with the most flexibility in terms of airline and hotel stay options. You aren't limited by partners, blackout dates, or limited award seats. There are no foreign transaction fees. The $59 annual fee is waived for the first year.</p> <p><strong><a target="_blank" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=23&amp;pid=26&amp;pp=2&amp;uv=xend">Click here to learn more and apply for the Capital One&reg; Venture&reg; Rewards Credit Card today!</a></strong></p> <h2>Blue Cash Preferred&reg; Card from American Express</h2> <p><img alt="" class="img-exempt" style="float:right;margin:0 5px 5px 10px;" src="http://usweb.dotomi.com/cj/feeds/4019917/images/bcpcardart_300x200.jpg" height="97" width="154" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target="_blank" rel="nofollow" alt="Blue Cash Preferred&reg; Card from American Express" title="Blue Cash Preferred&reg; Card from American Express" href="http://ct.wisebread.com/click.php?pg=23&amp;pid=6&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 <a target="_blank" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=23&amp;pid=6&amp;pp=3&amp;uv=xname">Blue Cash Preferred&reg; Card from American Express</a> offers an amazing 6% <a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">cash back at U.S. supermarkets</a> on up to $6,000 spent each year, 3% <a href="http://www.wisebread.com/5-best-gas-rewards-credit-cards">cash back at U.S. gas stations</a>, and 1% cash back on all other purchases. If you apply by 1/11/2017, you can earn 10% cash back on purchases at Amazon.com made within your first 6 months, up to $200. There is a $95 annual fee for this card, which is easily justified by those who spend just over $130 a month on groceries, without considering any additional spending at gas stations or qualifying travel purchases. Its current <strong>bonus offer</strong> allows you to earn $150 cash back (as a statement credit) after spending $1,000 in purchases in your first 3 months. Terms and conditions apply.</p> <p><a target="_blank" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=23&amp;pid=6&amp;pp=3&amp;uv=xend"><strong>Click here to learn more and apply for the Blue Cash Preferred Card&reg; from American Express today!</strong></a></p> <h2>The Platinum Card&reg; from American Express</h2> <p><img src="http://www.imgsynergy.com/191x120/platinum-card-102015.png" alt="" style="float:right;margin:0 5px 5px 10px;" class="img-exempt" height="97" width="154" border="0" /><a href="http://ct.wisebread.com/click.php?pg=23&amp;pid=11&amp;pp=4&amp;uv=xcardbutton" target="_blank" rel="nofollow" alt="The Platinum Card&reg; from American Express" title="The Platinum Card&reg; from American Express" 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>While this <a href="http://www.wisebread.com/the-5-best-premium-credit-cards">premium card</a> does have a $450 annual fee, <a href="http://ct.wisebread.com/click.php?pg=23&amp;pid=11&amp;pp=4&amp;uv=xname" rel="nofollow" target="_blank">the Platinum Card&reg; from American Express</a> offers rewards that can be worth far more to frequent travelers. To start, cardholders receive an annual $200 airline fee credit for incidental fees, such as checked bags and in-flight refreshments, and a $100 credit towards membership in the Global Entry program which speeds access through immigration when returning to the United States, or $85 credit towards the application fee for TSA PreCheck which gets your through the security line much faster. Cardholders also gain <a href="http://www.wisebread.com/5-best-credit-cards-with-free-airport-lounge-access">access to the airport lounges</a> in the Global Lounge Collection, including The Centurion Lounge network, the International American Express lounges, Delta Sky Club, and Airspace Lounges. This is also one of the few American Express credit cards that does not have foreign transaction fees.</p> <p>Cardholders also get 5X points in the Membership Rewards program for flights booked directly with airlines or with American Express Travel, and one point on other eligible purchases. Points can be transferred to miles with several different frequent flyer programs or points with hotel programs. Cardholders will also get complimentary Hilton HHonors&trade; Gold Status upon enrollment. Throw in numerous purchase protection and travel insurance programs, and it is easy to see how the benefits of this card can be worth considerably more than its annual fee. Terms and conditions apply.&nbsp;</p> <p><a href="http://ct.wisebread.com/click.php?pg=23&amp;pid=11&amp;pp=4&amp;uv=xend" rel="nofollow" target="_blank"><strong>Click here to learn more and apply for the Platinum Card&reg; from American Express today!</strong></a></p> <h2>Citi&reg; / AAdvantage&reg; Platinum Select&reg; World Elite&trade; MasterCard&reg;</h2> <p><img class="img-exempt" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u784/CitiAAdvantagePlatinumSelectMasterCard-0601.jpg" style="float:right;margin:0 5px 5px 10px;" alt="" width="154" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" href="http://ct.wisebread.com/click.php?pg=23&amp;pid=52&amp;pp=5&amp;uv=xcardbutton" rel="nofollow" target="_blank"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>The <a href="http://ct.wisebread.com/click.php?pg=23&amp;pid=52&amp;pp=5&amp;uv=xname">Citi&reg; / AAdvantage&reg; Platinum Select&reg; World Elite&trade; MasterCard&reg;</a> from our partner Citi, offers one of the best airline rewards programs available. Cardholders get two miles for each dollar spent on American Airlines purchases, and one mile per dollar spent on all other purchases. You can redeem miles for award flights with American Airlines or OneWorld airline partners, and you get a 10% rebate of your award redemptions, up to 10,000 miles, each calendar year.</p> <p>Other reasons that the card is worth the annual fee include extra boarding privileges on American Airline flights, 25% savings on in-flight food and beverages, first checked bag free, and many other travel and card benefits. This card also includes access to the World Card Hotel and Resorts Program, which includes other extras like VIP status and complimentary breakfast. <strong>Sign-up offer</strong>: New cardholders get a bonus of 50,000 miles after spending $3,000 in purchases within the first three months of opening the account. The annual fee of $95 is waived your first year. There is no foreign transaction fee with this card.</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=23&amp;pid=52&amp;pp=5&amp;uv=xend">Click here to learn more and apply for the&nbsp;Citi&reg; / AAdvantage&reg; Platinum Select&reg; World Elite&trade; MasterCard&reg; today!</a></strong></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/jason-steele">Jason Steele</a> of <a href="http://www.wisebread.com/the-5-best-credit-cards-with-annual-fees">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/are-airline-or-travel-rewards-credit-cards-the-better-deal">Are Airline or Travel Rewards Credit Cards the Better Deal?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-credit-cards-with-no-annual-fees">The 5 Best Credit Cards With No Annual Fees</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/9-ways-to-use-travel-rewards-cards-to-get-free-trips">9 Ways to Use Travel Rewards Cards to Get Free Trips</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/comparing-miles-which-airline-loyalty-program-is-better">Which Airline Loyalty Program Has the Best Value for Their 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/12-expert-tips-for-redeeming-miles-for-free-travel">12 Expert Tips for Redeeming Miles for Free Travel</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards annual fees best credit cards credit miles rewards Fri, 05 Dec 2014 10:00:11 +0000 Jason Steele 1263798 at http://www.wisebread.com The 5 Best Credit Cards With No Annual Fees http://www.wisebread.com/the-5-best-credit-cards-with-no-annual-fees <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/the-5-best-credit-cards-with-no-annual-fees" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman_computer_credit_card_000039890040.jpg" alt="woman using credit card online" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Most average credit card users don't need a credit card with an annual fee. Cards that come with annual fees offer higher rewards and an assortment of <a href="http://www.wisebread.com/travel-perks-you-didnt-know-your-credit-card-had">travel perks</a> and <a href="http://www.wisebread.com/10-awesome-credit-card-perks-you-didnt-know-about">shopping benefits</a>, but if you don't spend enough to maximize on rewards or travel enough to take advantage of the additional perks, the annual fee is an unjustifiable cost.</p> <p>Choosing a card without an annual fee is much like picking any other card &mdash; you need to find the one that offers the features and benefits that are best suited to how you are going to use the card. Here are the cards I would recommend to anyone looking for a credit card without an <a href="http://www.wisebread.com/the-5-best-credit-cards-with-annual-fees">annual fee</a>.</p> <h2>BankAmericard Travel Rewards&reg; Credit Card &mdash; Enhanced Security on Vacation</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/BoA_Travel-154.jpg" height="97" width="154" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target="_blank" alt="BankAmericard Travel Rewards&reg; Credit Card" title="BankAmericard Travel Rewards&reg; Credit Card" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=43&amp;pid=18&amp;pp=1&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>When traveling internationally, credit cards can be the most secure and convenient method of payment. Unfortunately, many cards are incompatible with the latest generation of credit card readers in use around the world that require an EMV smart chip. And many of the cards that do have an EMV chip also have a 3% foreign transaction fee, an annual fee, or both. The <a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=18&amp;pp=1&amp;uv=xname" rel="nofollow" target="_blank">BankAmericard Travel Rewards&reg; credit card</a> is <strong>one of the only rewards cards that offers both an EMV smart chip along with no foreign transaction fees or annual fee</strong>. Cardholders also receive a competitive rewards program that features 1.5 points per dollar spent on purchases, and each point is worth one cent statement credit towards travel purchases. Plus there's a 20,000 point sign-up bonus (after $1,000 spend in first 90 days) that is worth $200. (See also: <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards?ref=seealso">The Best Travel Rewards Credit Cards</a>)</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=18&amp;pp=1&amp;uv=xend" rel="nofollow" target="_blank">Click here to learn more and apply for the BankAmericard Travel Rewards&reg; credit card today!</a></strong></p> <h2>Chase Slate&reg; &mdash; Balance Transfer</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" src=" http://www.imgsynergy.com/191x120/chase-slate-060216.png" height="97" width="154" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target="_blank" alt="Chase Slate&reg;" title="Chase Slate&reg;" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=43&amp;pid=39&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>If there is a credit card designed to help people to pay off their debt, this is it. <a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=39&amp;pp=2&amp;uv=xname&amp;fot=1162" rel="nofollow" target="_blank">Chase Slate&reg;</a> offers 15 months of interest free introductory financing on both new purchases and balance transfers, and is the <strong>only 0% APR offer with $0 intro fee for balance transfers </strong>made during the first 60 days of account opening. So cardholders in debt can transfer their existing balances to this card and avoid interest without paying the 3% balance transfer fee imposed by all other credit cards with interest free promotional financing offers. There's no penalty APR &mdash; paying late won't raise your interest rate. (All other account pricing and terms apply.) You also get a monthly FICO&reg; score and Credit Dashboard for free to help keep an eye on your credit.</p> <p>Slate also features Chase's innovative Blueprint program that allows cardholders to avoid interest by paying some charges in full, while carrying a balance on others. Blueprint also includes powerful budgeting and goal setting tools to help cardholders avoid getting into debt in the first place. (See also: <a href="http://www.wisebread.com/the-best-0-balance-transfer-credit-cards?ref=seealso">The Best Credit Cards With 0% Balance Transfer</a>)</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=39&amp;pp=2&amp;uv=xend&amp;fot=1162" rel="nofollow" target="_blank">Click here to learn more and apply for Chase Slate&reg; today!</a></strong></p> <h2>Amex EveryDay&reg; Credit Card &mdash; Everyday Rewards</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" src="http://www.imgsynergy.com/191x120/amex-everyday-credit-card-111115.png" height="97" width="154" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target="_blank" alt="The Amex EveryDay&reg; Credit Card from American Express" title="The Amex EveryDay&reg; Credit Card from American Express" rel="nofollow" href="http://ct.wisebread.com/click.php?pg=43&amp;pid=2&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 <a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=2&amp;pp=3&amp;uv=xname&amp;fot=1162" target="_blank" rel="nofollow">Amex EveryDay&reg; Credit Card from American Express</a> is great for those who want to earn rewards points that can be transferred to airline miles and hotel points. Cardholders earn 2x points at US supermarkets (up to $6,000 each year, then 1x), and other purchases earn 1x points. Plus, make 20 or more purchases with your card in a billing period and earn 20% extra points on those purchases less returns and credits. Its current <strong>sign up bonus</strong> includes 10,000 Membership Reward&reg; points after making $1,000 in purchases within your first 3 months. Terms and conditions apply. <a href="https://www.americanexpress.com/us/credit-cards/personal-card-application/terms/amex-everyday-credit-card/26129-10-0/?print&amp;noBox=y#terms-details">See rates &amp; fees.</a></p> <p>Cardholders can also use Membership Rewards&reg; Pay with Points to pay for all or part of their flight, hotel booked and paid in advance, vacation or cruise booking. As an American Express card, it also includes several <a href="http://www.wisebread.com/11-ways-your-credit-card-will-save-you-money-while-holiday-shopping">purchase protection</a> and travel insurance policies.</p> <p><a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=2&amp;pp=3&amp;uv=xend&amp;fot=1162" target="_blank" rel="nofollow"><strong>Click here to learn more and apply for the Amex EveryDay&reg; Credit Card from American Express today!</strong></a></p> <h2>Barclaycard CashForward&trade; World MasterCard&reg;</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" src="http://imgsynergy.com/product_creatives/5641d56a186b0b48a85002dbfa883aed.png" height="97" width="154" border="0" alt="" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target=" rel=" href="http://ct.wisebread.com/click.php?pg=43&amp;pid=21&amp;pp=4&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>The <a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=21&amp;pp=4&amp;uv=xname">Barclaycard CashForward&trade; World MasterCard&reg;</a> offers 1.5% unlimited cash back on every purchase as well as a 5% redemption bonus. The minimum redemption requirement is $50. New cardholders can earn $100 after spending $500 in purchases in the first 90 days of account opening. Additional benefits include various travel insurance, extended warranty, purchase and return protection, concierge services, and a free FICO score every month.</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=21&amp;pp=4&amp;uv=xend">Click here to learn more and apply for the Barclaycard CashForward&trade; World MasterCard&reg;&nbsp;today!</a></strong></p> <h2>Citi&reg; Double Cash - 18 month BT offer &mdash; Simple Cash Back</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" src=" http://www.wisebread.com/files/fruganomics/u784/CitiDoubleCash.jpg" height="97" width="154" border="0" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target=" rel=" href="http://ct.wisebread.com/click.php?pg=43&amp;pid=47&amp;pp=5&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>The <a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=47&amp;pp=5&amp;uv=xname" target="_top">Citi&reg; Double Cash Card - 18 month BT offer</a> from our partner Citi is the no fee card for those who want to maximize the amount of cash back rewards they receive from their regular spending. Cardholders receive 1% cash back when they make a purchase, and another 1% cash back when they make a payment. For a straight cash rewards credit card, it's one of the best available when it comes to getting cash back for all your purchases (not just the ones in bonus categories). (See also: <a href="http://www.wisebread.com/5-best-cash-back-credit-cards?ref=seealso">Best Cash Back Credit Cards</a>)</p> <p><a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=47&amp;pp=5&amp;uv=xend" target="_top"><strong>Click here to learn more and apply for the Citi&reg; Double Cash Card - 18 month BT offer today!</strong></a></p> <!--<p><h2>TD Cash Visa&reg; Credit Card &mdash; Dining Rewards</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u784/TDCash191.png" width="154" border="0" height="97" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target=" rel=" href="http://ct.wisebread.com/click.php?pg=43&amp;pid=88&amp;pp=6&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>Dining out tends to be more expensive than having meals at home, but with the <a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=88&amp;pp=6&amp;uv=xname" target="_blank">TD Cash Visa&reg; Credit Card</a>, you can get a little more out of the extra expense. This card offers 2% cash back on dining purchases and 1% cash back on all other purchases. There's no limit to how much you can earn, and your points never expire. Plus, as an exclusive online offer, earn $200 cash back when you spend $1,500 within the first 90 days of account opening. There are no foreign transaction fees and no annual fee. Currently, this card is only being offered in 16 states along the east coast of the U.S. (See also: <a href="http://www.wisebread.com/the-5-best-credit-cards-for-dining-out?ref=seealso">Best Credit Cards for Dining Out</a>)</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=88&amp;pp=6&amp;uv=xend" target="_blank">Click here to learn more and apply for the TD Cash Visa&reg; Credit Card today!</a></strong></p></p>--><!--<p><h2>TD Cash Visa&reg; Credit Card &mdash; Dining Rewards</h2> <p><img style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u784/TDCash191.png" width="154" border="0" height="97" /><a style="border:none;float:right;clear:right;margin: 0 5px 5px 10px;" target=" rel=" href="http://ct.wisebread.com/click.php?pg=43&amp;pid=88&amp;pp=6&amp;uv=xcardbutton"><img alt="" class="img-exempt img-button" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/apply-now.png" /></a>Dining out tends to be more expensive than having meals at home, but with the <a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=88&amp;pp=6&amp;uv=xname" target="_blank">TD Cash Visa&reg; Credit Card</a>, you can get a little more out of the extra expense. This card offers 2% cash back on dining purchases and 1% cash back on all other purchases. There's no limit to how much you can earn, and your points never expire. Plus, as an exclusive online offer, earn $200 cash back when you spend $1,500 within the first 90 days of account opening. There are no foreign transaction fees and no annual fee. Currently, this card is only being offered in 16 states along the east coast of the U.S. (See also: <a href="http://www.wisebread.com/the-5-best-credit-cards-for-dining-out?ref=seealso">Best Credit Cards for Dining Out</a>)</p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=43&amp;pid=88&amp;pp=6&amp;uv=xend" target="_blank">Click here to learn more and apply for the TD Cash Visa&reg; Credit Card today!</a></strong></p></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/the-5-best-credit-cards-with-no-annual-fees">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-credit-cards-with-annual-fees">The 5 Best Credit Cards With Annual Fees</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/top-5-travel-reward-credit-cards">5 Best Travel Reward Credit Cards</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-0-balance-transfer-credit-cards">The 5 Best 0% Balance Transfer Credit Cards</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-cash-back-credit-cards">5 Best Cash Back Credit Cards</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-secured-credit-cards">The 5 Best Secured Credit Cards</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards annual fees best credit cards no fee credit cards Tue, 25 Nov 2014 11:00:07 +0000 Jason Steele 1260193 at http://www.wisebread.com 7 Credit Card Reward Tips Many People Don't Follow http://www.wisebread.com/7-credit-card-reward-tips-many-people-dont-follow <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-credit-card-reward-tips-many-people-dont-follow" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/4211839788_5f49a7bc09_z.jpg" alt="credit cards" title="credit cards" class="imagecache imagecache-250w" width="250" height="166" /></a> </div> </div> </div> <p>As someone who advises a lot of people about credit card rewards, I'm often surprised by what the average person forgets to do when it comes to their rewards credit cards. Here are some helpful tips for making the most of your card rewards. (See also: <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards">5 Best Travel Reward Credit Cards</a>)</p> <h3>1. Conduct an Annual or Bi-Annual Award Card Audit</h3> <p>This is the biggest mistake people make. Ten years ago, you might have done some research and found that card XYZ was the <a href="http://www.wisebread.com/which-type-of-rewards-credit-card-is-right-for-you">best card (according to your needs)</a> on the market. The result is that 10 years later, you're still using the same card.</p> <p>Credit card reward earning rates and redemption benefits change. New card offerings can easily make old card offerings obsolete. Recently I was talking with a relative about his use of a certain card, and I realized that by re-evaluating the current card offerings, he would be able to earn an extra $100-$200 per year.</p> <h3>2. Don't Chase After Rewards When Payments Are Costing You More</h3> <p>It's human nature to think that we're smarter than most other people, and it's amazing the number of people who carry a balance on their rewards cards, thinking they are doing something smart because after spending $10,000, they get a $100 reward. The problem is that the $100 award is costing them $1,000 in interest . That simply doesn't make sense.</p> <h3>3. Don't Use a Point Card If the Value Is Less Than a Penny Per Point</h3> <p>Personally, I'm a big fan of<a href="http://www.wisebread.com/top-5-travel-reward-credit-cards"> airline and hotel points</a>. I find that our family can easily get a 2-5 cent value out of each dollar point we spend on different credit cards. However, there are a lot of people who will redeem their points at below even a .05 cent value. That's a bad idea. If you're not going to redeem your points for valuable items, then you should just use a straight cash back card that will at least give you 1-2% on every purchase. If you're earning less than 1% value from your points, it's time to consider a new card.</p> <p><span style="color: rgb(17, 17, 17); font-family: Georgia, Helvetica, Arial, sans-serif; font-size: 1.4em; line-height: 2em;">4. Always Know the Most Valuable Use of Your Points or Miles</span></p> <p>Free is good, but more free stuff is better.</p> <p>You can use your points to buy things like an iPod, but here are some other things you could do:</p> <ul> <li>You could transfer your points to British Airways and pay 50,000 points plus about $100 in taxes and fees to fly business class return from Miami to Lima. That trip is pricing out at Orbitz starting at $1,500. &nbsp;<br /> &nbsp;</li> <li>You could transfer those points to Delta and have enough miles for almost three round-trip tickets anywhere in the US (three tickets would require 75,000 Delta miles). With the average cost of a domestic ticket over $300, that's nearly a $900 value.</li> </ul> <p>That's a bad feeling when you realize you wasted your award points.</p> <p>Don't spend all your time focusing on how you earn your points. Learn how to <a href="http://www.wisebread.com/5-tips-for-scoring-a-frequent-flyer-rewards-flight">maximize using your points</a> as well.</p> <h3>5. Develop a Credit Card Spending Strategy</h3> <p>If you own more than one awards card, do you know which is the best card to use for specific situations?</p> <p>Certain cards offer extra points for gas, office supplies, restaurants, travel, and other specific categories. You must know the best ways to use your cards.</p> <p>Right now I have three cards that I rotate. How, when, and where I use them is determined by the rewards potential by each use. A spending strategy doesn't just consider award benefits, but it also considers other benefits like warranty coverage, rental car benefits, and foreign currency exchange fees.</p> <p>Some cards offer one additional year of extended warranty coverage, so use those to buy electronics. When renting cars, you should give consideration to cards that offer primary rental car insurance. And you don't want to spend a few thousand dollars on your vacation overseas only to find out that if you used a different card you could have saved hundreds of dollars in foreign currency exchange fees. Be sure to use a 0% foreign currency exchange credit card when traveling overseas.</p> <h3>6. Don't Overlook a Reward Card Simply Because It Has an Annual Fee</h3> <p>If you can get a good reward card that doesn't have an annual fee, then that's great. However, I've known people who could earn a lot more points by using a rewards card with an annual fee, but they refuse to do it out of principle, even when the rewards value far outweighs the annual fee cost.</p> <p>Don't pay an annual fee if you're not going to get more awards for doing so. However, I've advised a lot of people to get an award card with an annual fee because they'll actually end up with more rewards value than the cost of the annual fee.</p> <h3>7. Focus on Diversity in Card Brands</h3> <p>IIf you're going to have multiple cards, be sure that they are from different companies, as you'll be able to have the most flexibility to maximize the rewards. Often, the rewards are not just spending bonuses, but cards might offer different discounts the companies will run throughout the year.</p> <p>Visa Signature card holders have different perks than American Express users.&nbsp;By having a diversity of cards, you'll be able to take advantage of all the best current offers each company is promoting.</p> <p><em>What other important credit card reward tips do you think people don't follow?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/craig-ford">Craig Ford</a> of <a href="http://www.wisebread.com/7-credit-card-reward-tips-many-people-dont-follow">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/top-5-travel-reward-credit-cards">5 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/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-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/5-best-cash-back-credit-cards">5 Best Cash Back Credit Cards</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">The 5 Best Credit Cards for Groceries</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards annual fees credit card rewards travel rewards Tue, 24 Jul 2012 10:24:37 +0000 Craig Ford 942738 at http://www.wisebread.com Credit Card Fees: Hidden and Otherwise http://www.wisebread.com/credit-card-fees-hidden-and-otherwise <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/credit-card-fees-hidden-and-otherwise" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/credit card fees.JPG" alt="please dip your credit card" title="please dip your credit card" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p class="MsoPlainText"><span>Annual fees, grace periods, balance transfer options&hellip;it's a wonderful world of <a title="Guide to Using Credit Cards Wisely" href="http://www.wisebread.com/credit-card-guide">credit card jargon</a> out there, and depending on your needs and planned uses for credit cards, it pays to look at your options. </span></p> <p class="MsoPlainText"><span>Following are the various ways in which credit card companies can get some money out of you: </span></p> <p class="MsoPlainText"><span> </span></p> <h2><span>Interest Rates</span></h2> <p class="MsoPlainText"><span>All credit cards levy an interest rate, the main difference being the percentage charged. Obviously you want to choose the card with the lowest rate. If you already have a card with a higher interest rate but that <a target="_blank" href="/credit-card-rewards-programs">you like for other reasons</a>, then try calling and asking for an interest rate reduction. According to a 2002 Public Interest Research Group study, 56% of people who called their credit card issuer and asked for a reduction were successful. </span></p> <p class="MsoPlainText"><span> </span></p> <h2><span>Early Interest Posting Dates</span></h2> <p class="MsoPlainText"><span>If you are in the market for a new card, find out if interest is charged from the date the charge is posted, or the date of purchase. Most will now charge from the date of purchase (which is usually a few days earlier than the posting date), but if you can find one of the other kind, it may be worthwhile. </span></p> <p><span>This is only really an issue if you plan to carry a balance on your credit card at any time, which if it can be avoided, would be preferable. </span></p> <p class="MsoPlainText"><span> </span></p> <h2><span>How Interest is Calculated</span></h2> <p class="MsoPlainText"><span>Some cards will charge interest on the balance owing at the month or billing cycle's end. Makes sense, right? </span></p> <p class="MsoPlainText"><span>Well, there is a growing trend now to charge interest instead on the average daily balance. So if you charge $1,500 in September, and pay $1,000 of it off on the due date, the following month you will actually be charged interest on the $1,500 average daily balance instead of the actual $500 left owing. </span></p> <p class="MsoPlainText"><span> </span></p> <h2><span>Grace Periods - or Lack Thereof</span></h2> <p class="MsoPlainText"><span>Usually, a grace period will allow for a responsible credit card user to pay off all their purchases within 24-30 days without paying any interest. </span></p> <p class="MsoPlainText"><span>But as some readers pointed out in the comments on <a target="_blank" href="/top-seven-reasons-why-i-use-my-credit-card-for-everything">another article</a>, even those dutiful credit card users who pay off their balance in full each month can sometimes get duped by circumstance (like the bank processing a transfer late) and miss the payment due date by a sliver. </span></p> <p class="MsoPlainText"><span>For those people above and for those who regularly carry balances, even grace periods won't save you: if you have an outstanding balance, you are charged interest on new charges from the date of purchase. (All the more reason not to carry a balance)!</span></p> <p class="MsoPlainText"><span> </span></p> <h2><span>Nuisance Fees</span></h2> <p class="MsoPlainText"><span>In a world of increasing fees for every little thing from booking airline tickets to doing your banking, credit cards are no exception to this bandwagon. The latest in nuisance fees can include: </span></p> <ul> <li><span>Late payment fees (as high as $40)</span></li> <li><span>Over-the-limit fees (as high as $25)</span></li> <li><span>Inactive account fees</span></li> <li><span>Not carrying a balance fees (or carrying a balance under a certain amount)</span></li> <li><span>Monthly fees that are a percentage of your credit limit</span></li> <li><span>Annual flat fees</span></li> <li><span>Balance transfer fees</span></li> <li><span>Credit limit increase fees</span></li> <li><span>Set-up fees</span></li> <li><span>Return item fees</span></li> <li><span>Fees for paying by telephone</span></li> </ul> <p class="MsoPlainText"><span>&hellip;and on it goes. </span></p> <p class="MsoPlainText"><span> </span></p> <h2><span>Cash Advance Interest Charges</span></h2> <p class="MsoPlainText"><span>Many cards charge higher interest rates on cash advances in addition to transaction fees. </span></p> <p class="MsoPlainText"><span> </span></p> <p class="MsoPlainText"><span> </span></p> <h2><span>What They Have to Tell You About</span></h2> <p class="MsoPlainText"><span>When you are searching for a new credit card, the following items are required by law to be disclosed:</span></p> <ul> <li><span>Annual Interest Rate (also called annual percentage rate or APR)</span></li> <li><span>The teaser or introductory rate, along with the details of when and how the regular rate kicks in</span></li> <li><span>How the variable rate is determined (if applicable)</span></li> <li><span>Penalties for late payments</span></li> <li><span>Annual, periodic, or membership fees</span></li> <li><span>How the balance is computed for interest purposes (ie: average daily balance or balance owing methods)</span></li> <li><span>Minimum charge</span></li> <li><span>Grace period (the period of time you have to pay off the balance without incurring interest)</span></li> </ul> <p class="MsoPlainText"><span> </span></p> <p class="MsoPlainText"><span> </span></p> <h2><span>My Card Sucks! I Want To Cancel</span></h2> <p class="MsoPlainText"><span>If after reading this you think you have one of those cards with too many fees, you can cancel it. However, there is a chance that it may reduce your credit score. Check out <a target="_blank" href="http://www.myfico.com">FICO</a> to find out what FICO scores consider, as well as how best to understand your credit score. </span></p> <p class="MsoPlainText"><span> </span></p> <p class="MsoPlainText"><span><br /> To that end, you should be aware of <strong>soft and hard closes</strong>, and how they affect you. </span></p> <p class="MsoPlainText"><span> </span></p> <h3><span>Soft Closes</span></h3> <p class="MsoPlainText"><span>With a soft close, the credit card company will acknowledge that you want to close out the card, but they will automatically reactivate it if charges go through. Their rationale is that they are saving you embarrassment of the card being rejected if you happen to be out shopping and inadvertently whip their card out! </span></p> <p class="MsoPlainText"><span>Hence, a soft close will also often affect your credit score and ability to qualify for large loans later on if the lender does a credit check and sees that you have all sorts of credit available to you, but doesn't see that the credit is soft closed. </span></p> <p class="MsoPlainText"><span>It also makes you vulnerable to fraud, since if a professional steals your identity, they can order another card from a soft-closed account and start charging. </span></p> <p><span> </span></p> <h3><span>Hard Closes</span></h3> <p class="MsoPlainText"><span>Ensuring your account is hard closed entails a little more follow-up work, but can pay off in the end. You must first request a hard close when you are cancelling the card, and follow up with a confirming letter. In your letter, tell the credit company to report &quot;closed by consumer&quot; to the credit bureaus as well, and keep copies of everything. </span></p> <p class="MsoPlainText"><span>Some issuers will refuse to do this: their policy might instead be to process a soft close first and a prescribed time period, at which point it reverts to a hard close. Find out how long that period of time is, and ensure that the account is hard closed with a letter at the end of that time. </span></p> <p class="MsoPlainText"><span> </span></p> <p class="MsoPlainText"><span> </span></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/nora-dunn">Nora Dunn</a> of <a href="http://www.wisebread.com/credit-card-fees-hidden-and-otherwise">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/5-ways-to-pay-off-high-interest-credit-card-debt">5 Ways to Pay Off High Interest Credit Card Debt</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-dirty-secrets-of-credit-cards">The Dirty Secrets of Credit Cards</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/is-a-balance-transfer-offer-a-good-deal">Is a Balance Transfer Offer a Good Deal?</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-best-0-balance-transfer-credit-cards">The 5 Best 0% Balance Transfer 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/5-best-credit-cards-with-0-apr-for-purchases">5 Best Credit Cards with 0% APR for Purchases</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards annual fees APR balance transfer credit card fees grace periods interest calculation interest posting dates interest rates nuisance fees Sun, 23 Dec 2007 23:14:26 +0000 Nora Dunn 1535 at http://www.wisebread.com