Financial products – such as credit cards and mortgage loans – came a step closer to further regulation as the result of financial reforms being passed by the Senate. Through the Senate’s passage of the regulatory overhaul, a new federal-level consumer protection bureau would be created within the Federal Reserve System, which would monitor the [...]
Do you like to travel? Wouldn’t it be great if using your credit card for your typical everyday purchases could help you save money on flights and other travel expenses? Well, if you use a frequent flyer credit card it can! Let’s explore what frequent flyer credit cards are and how they work to [...]
Using credit cards pay for groceries has often been seen as a case when credit card spending has been out of control. This can be the case but it is often a perfectly acceptable strategy. It can make sense to pay for groceries by credit card due to the grace periods and the cash back [...]
Some credit cards allow their users to get upgrades for free in hotels, at concerts or on flights. This is usually advertised as a privileges program or as “instant rewards”. Essentially credit cards with these programs can get free upgrades. These credit cards work like loyalty cards in that in return for access to a [...]
Using credit cards to pay off bills is a growing trend for credit card users. This can make a lot of sense, and it is becoming far more worthwhile. However credit cards being used for bill payments can be an early warning sign of future problems. There are a number of reasons to use credit [...]