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A rewards credit card can very often represent excellent value and present real benefits to the consumer. However, it is important not to sign up for a credit card based on the reward alone, and it will be important to take two things into consideration.
The first aspect to consider is whether the card itself represents good value in terms of the available limit, the interest rate charged and any fees, in addition to costs that might be incurred for general maintenance of the account. The second aspect to look at is the reward itself, and whether this represents one which best suits your own personal interests, needs and habits.
Very often, reward credit cards work by providing you with points on your account whenever your … continue reading.
A credit card cash back arrangement could earn you hundreds of dollars a year. On the other hand, it could also cost you several hundred dollars a year and it’s important to have a clear understanding of how these schemes work, and how to take advantage of them properly in order to make sure that you make money, rather than lose it.
Credit cards which offer a cash back scheme typically offer you between half a percent and three percent cash back on any purchase you make for normal things such as groceries and fuel. Think about how much you currently spend using your credit or debit cards, and then work out what one percent of that would be. Over a year, most people can … continue reading.
The IRS accepts American Express, MasterCard, Discover, and Visa. Make sure, however, you understand that you will be charged a convenience fee to pay your federal income tax with a credit card. To counter this fee, use one of the best reward credit cards we offer on the site to get extra rewards or even cash back for paying your income taxes with your card.
The convenience fee will be announced during a phone call to one of the service providers. You have the option of discontinuing at this time. At the end of the phone call, you will be given a confirmation number which is entered in the upper left corner of page 1 of Form 1040. Best of all, when you charge to … continue reading.
These days, credit card companies are competing fiercely for your business. This has created a glut of different types of reward credit cards. The following credit card tips are provided to help you sort through the many options. Some reward credit cards give you an option of cashing in your reward points for various reward categories they offer. Some only allow you to apply towards one type of reward. So, what do all these rewards mean and what’s the best way to use these rewards? Hopefully, these credit card tips will answer these questions.
MyCreditCard.com Reward Credit Card Tips:
Read the fine print. It’s important to read the credit cards reward program details carefully. Some sound really good at first glance but have very strict limits … continue reading.
What can a travel rewards credit card do for you? When traveling abroad where a credit card for travel can come in handy, you will be among different cultures, customs, and business practices. This, at times, can lead to fraud and theft. Also, you will be subject to currency conversion charges, which will add significant additional cost to items purchased. There are usually high conversion charges when converting U.S. dollars to a foreign currency and then having to convert your unused foreign currency back to U.S. dollars. Finally, carrying a large amount of cash while traveling in a foreign country is not advisable as it can be stolen.
What does all this mean to you? It does not mean you shouldn’t travel abroad – to … continue reading.
As a Registered Investment Advisor and a CPA, you may think I’m crazy to advise you to charge as much as you can on your credit card. Yes, you read this correctly – if you use your credit card wisely, you can improve your credit rating this way. Charge everything you can on your credit card! Charge for all your meals, consumer appliances, autos (to the extent an auto dealer will let you charge for your down payment on a car), travel, or for virtually everything and anything else you can. The benefits of charging far outweigh the benefits of paying by cash.
Use Your Credit Card Wisely
For example, if you use your credit card wisely, most credit cards give you additional extended warranty benefits, … continue reading.
This article will focus on airline reward credit cards, which are not limited to one airline, but can be used to purchase tickets on over 250 major airlines. A credit card with airline miles rewards will allow you to receive incentives in the form of airplane tickets every time you charge to your card. Every airline requires a different amount of airline miles rewards points to be used to purchase an airline ticket. This can range from as low as 24,000 points to 50,000 points. They typically offer you the option to get a regular domestic round trip ticket, usually for around 25,000 points, or a first class round trip domestic ticket for 50,000 points. Redemption of points for international flights typically starts at … continue reading.