Credit Card eZine - News and Articles about Credit Cards
Get even more information on credit cards? Read our Credit Card eZine. The section is regularly updated by our specialists. Learn all the financial tricks. Know the pitfalls and hidden bonuses. Find out how to transfer balances and accumulate points. We will tell you about the latest offers on the market.Get your credit card education and make the most out of your plastic.
Why You Need More Than One Credit Card
[October 27th, 2016]
If you’ve already got a favorite credit card in your wallet, you might think you’re all set. But think again. Having more than one credit card is almost a necessity these days. And the average household actually has three or four.
Here are three reasons why you need to carry more than one credit card:
1. To take advantage of all the great credit card rewards programs out there. Whether you want to use travel rewards, get cash back, or redeem points for gift cards to all your favorite retailers, you’ll be able to get the most rewards when you have a variety of credit cards to choose from at the register. Some cards offer more points for gas station or grocery store purchases, while some give extra cash back in certain merchant categories depending on the season. To really get the most out of your rewards programs, pay attention to what’s being offered and when. Sign up for promotions, check in with the website and online account center, and make sure you don’t miss out.
2. In case of emergency. It’s a good idea to have another card in your wallet in case your primary card is frozen because of suspected fraud – it happens to us all – or you unexpectedly hit your credit limit. You could also lose your card and find yourself in a tricky spot; say you accidentally left your card next to your computer when you were shopping online and forgot to put it back in your wallet before you left the house. And then don’t forget the last time your teenager asked if she could use your credit card on her latest outing with friends. There are all kinds of reasons you might need an extra credit card, so make sure you have at least one to spare, and preferably two.
3. To transfer a balance. If you’re carrying a revolving balance on your card, you might think there’s nothing to do except keep plugging away, trying to pay it off. But in fact, you can apply for a new credit card with a balance transfer offer that lets you pay your debt without paying any interest for a year or more. Look for a promotional offer with a 0% APR for the first 12 to 18 months, and even better, one that doesn’t charge a balance transfer fee.
So what are you waiting for? Apply today.
[April 13, 2017]
If you’re planning a trip in the near future, you might want to look for a flight on Southwest Airlines and try to book a reservation at a Marriott Courtyard hotel.
The two companies just earned high ratings for customer service from the 2017 Temkin Experience Ratings, a yearly ranking of comp...
[March 30, 2017]
If you’d like to donate more money to good causes, but you never seem to get around to setting up the donations, a new app will make it easier to be generous.
The app, called Movements, lets users donate small amounts that come from their credit cards. Here’s how it works: people choose a pro...
[March 15, 2017]
Commuters who spend a lot of time in the car will be happy to hear that there’s a new way for them to fuel up fast and pay quickly and securely, without even getting out of the car.
Gulf Oil is launching a new mobile payment app, called Gulf Pay. This lets drivers drive to the nearest Gulf stat...