A common question consumers have about American Express and the standard Visa and Mastercard is “What is the Difference From American Express and Visa or Mastercard?” As far as functionality goes, there is no difference, they are both considered “charge cards” or “credit cards”. They both offer a line of credit [...]

The good news, is the debate between choosing a rewards MasterCard versus the rewards Visa card is not the issue. Almost every merchant that accepts Visa will accept MasterCard also. So the real debate depends on the rewards that the credit card offers.

Believe it or not Visa and MasterCard do not [...]

When the new laws go into effect regarding the 2009 CARD act, that congress passed into law Feb 22, 2010. One of the major changes that you will see on your credit card statement, or a letter from your credit card company is a change from a fixed rate to a variable [...]

The CARD act (Credit Card Accountability Responsibility and Disclosure) of 2009 is supposed to help consumers, protect them for bad practices and keep the credit card companies in line. The credit card companies are anticipating the quick Feb 22, 2010 effective date. You may have already seen effects of this, but… How [...]

With the new CARD act of 2009, consumers were supposed to get credit card breaks, however, it seems this is not the case. In response to credit cards having tougher restrictions placed on them, fees have been added, and rewards are being slashed.

Because of this, your rewards may not be as [...]

Your rewards credit card is racking up new rewards each month with more and more purchases. Do you know what is included and what is not?

Most rewards credit cards give you a point for every dollar spent, or a mile or percentage back as cash. There are a few transactions [...]

Credit Unions seem to get overlooked in the banking and financial world. For those of you that don’t belong to a credit union, the first thing you want to do is look and see if you have a local credit union, or a credit union in the county or city that you [...]

Your banks and credit cards are pushing rewards credit cards now more than they ever have. Most cards have some sort of reward linked to them, if they don’t, they are the minority. There are several types of rewards credit cards, and choosing the right one requires a smart credit card shopper [...]

I was shopping at Kohls today and ran into a dilimma. Use my Kohls card, or use my Miles by Discover®. The dilemma was very short lived, might I add. Discover gives me 1 mile for every dollar spent, and Kohls… well it was a good deal on the clothes I [...]

If you have a checking account, a mailbox, or the internet, you will see that credit cards are upping the ante with rewards. Cash back rewards, airline miles rewards, gift card rewards, hotel rewards, and the list goes on. Which card should you choose and how can you make sure you maximize the rewards [...]