Low Interest Credit Cards

View imageToday, I turn 26 years old. At age 25 and under, I feel like it’s easy to still consider yourself a young adult, or even a kid. Now that I’m above 25, I feel like I’m truly in adult-land. That’s probably a good thing, considering I’m now on a budget and getting married next month.

Looking back, I’ve learned a lot this past year. The budget initiative was a huge step and has made me feel much more like a grown-up. Thanks to my responsible future husband, I now save my receipts and enter my expenses, purchases and credit card payments into a spreadsheet. It’s hard, and there are still days when I forget to do that at the end of the day, but I try my best to be on top of it.

Starting last May, I began the grueling task of planning my wedding — another experience with budgeting. I have had to obtain vendor quotes, compare prices and goods, maintain records, keep up with payments and more. Read more…

Credit card language is scary for the first-time cardholders like me.

Principal? Fixed Rate of Interest? Default rate? Oh my!

Yet these mysterious terms can be mastered and the average young person, like myself, can become a king or queen of credit! Or at the very least, new-to-credit consumers and college students need to be responsible users of credit.

At first, I didn’t see the difference between a debit card and credit card. I mean, it seemed that the same machine swipes either debit or credit in stores. But beneath the pseudo-similar pieces of plastic are two completely different transaction processes.

Swiping a debit card is like transferring money from your bank account to a store, while swiping a credit card is like signing an IOU. W

Read more…

If you were among the handful of Wells Fargo impacted by uncooperative ATMs this past week within their network, your ATM fees will be reimbursed if you turned to an out-of-network ATM. After its 12,000 ATMs crashed Monday and lasted well into the evening, the Bank blamed a systems issue. Fees reimburse includes any fee Wells Fargo/Wachovia or another bank may have assessed for using an out-of-network machine, plus the fee charged by the out-of-network ATM. Wells Fargo charges $2.50 for withdrawals on its accounts made at alternative ATMs, and the bank or other entity that owns the alternate ATM often charges its own fee of $2 or more.

If you own a Delta SkyMiles Credit Card from American Express, the odds are good that you book frequent flights with Delta. After all, you earn free miles with every purchase that you make with these cards. The SkyMiles cards are typical American Express products: They offer generous rewards programs and several perks.

When it comes to redeeming the points you earn with these cards, though, there’s a problem. And it’s not the fault of American Express.

You can blame this one on Delta. Search frequent flier forums across the Internet and you’ll read the same verdict: Delta’s Award Redemption Calendar is nearly impossible to use.

If you want to see just how frustrating the center is for users, just visit this thread at the flyertalk forum. In it, a user discusses in detail how consumers can find low-tier rewards when they’re redeeming their points. The probl

Read more…

While many scam artists are out there waiting for their next victims, shopping online doesnt have to be scary. Stay ahead of the curve by doing your online shopping with a temporary credit card. Temporary credit cards, also known as throwaway cards or virtual credit cards, can help protect you from identity theft and fraudulent use of your credit cards. Temporary cards are essentially credit card numbers generated by the issuing bank that are attached to your account but may expire immediately after use or according to other similar terms.

When Is a Good Time to Use a Virtual Credit Card?

Different card issuers offer different kinds of temporary cards or alternatives, so it is best to do some research before selecting your plan of action. You may benefit from using a virtual credit card when you are shopping online at a merchant that is not as well known as shops like eBay and Amazon.

What Is an Example of a Temporary Credit Card?

Bank of America offers ShopSafe to cardholders.

Read more…