American Express and Chase are two of the largest credit card issuers in the U.S., and they each have their own proprietary and transferable currency. American Express has Membership Rewards and Chase, not to be outdone, has Chase Ultimate Rewards. Transferable currencies can be a valuable type of mile or point to earn […]
Finally chucked the stack of junk mail that’s been piling up on your kitchen table? The economic impact payment you’ve been waiting for the government to send might have been in that stack. The U.S. Treasury started sending coronavirus relief payments by debit card in mid-May. The cards are issued […]
Payments processing company Visa Inc. is coming up with changes to the rates that merchants will pay to accept its cards, according to a news report from Bloomberg. The changes contemplated will be the biggest in a decade, according to the Feb. 4 report, which Bloomberg says is based on a […]
Getting your credit back on track after a bankruptcy may feel impossible. After all, a bankruptcy stays on your credit report for seven to 10 years and can drop your credit score by over 100 points, leaving you burdened with bad credit. But recovery is within reach, and believe it or not, getting […]
Chase has updated the sign-up bonuses for the Southwest Rapid Rewards® Plus Credit Card, the Southwest Rapid Rewards® Premier Credit Card and the Southwest Rapid Rewards® Priority Credit Card. Now, cardholders who spend $1,000 in the first three months of card membership will receive 40,000 bonus points. This update marks the end of the […]
Two recent moves by the Consumer Financial Protection Bureau that the agency is touting as furthering the cause of consumer protection have drawn the ire of consumer advocacy groups. For one, the CFPB has set up a task force to look into existing consumer protection laws and regulations, and how […]
While many individuals are expecting to receive their economic impact payments via direct deposit or paper check – some may actually receive the cash on a prepaid card. While noting that people would likely prefer to receive the cash through their direct deposit accounts, the Consumer Financial Protection Bureau in […]
If you’re hoping to get a credit card on your own, you need to be at least 18 years old to qualify. However, there are some restrictions for consumers until they’re 21 years old, and teenagers under 18 can only get a credit card if it’s tied to an existing account. […]
The average credit card interest rate is 16.69%. The average APR on new credit card offers dropped even further this week as more lenders matched the Federal Reserve’s latest coronavirus-related emergency rate cut and slashed rates by a full percentage point. The national average APR is now at its lowest point since […]
Credit cards are essential for building credit, but only if you’re smart about how you use them. The best credit cards offer generous welcome bonuses, rewards and added perks that may tempt you to spend more than you can afford. In order to make a credit card cost-effective, it’s crucial to make payments on time and in full […]