Credit Cards – Money Crashers

If I Pay Off My Credit Card in Full, Will My Credit Go Up?

Grant Sabatier — Fri, 26 Apr 2024 13:41:24 +0000

For U.S. consumers, having “good credit” or a good credit score is everything. Black marks on your credit report can prevent you from acquiring rental housing, certain jobs, or student loans – and cost you thousands of dollars in higher interest for your mortgage, medical loans, vehicle loans, and other lines of credit. Yet for

The post If I Pay Off My Credit Card in Full, Will My Credit Go Up? appeared first on Money Crashers.

Joint Credit Card Accounts: 2024 Guide

Grant Sabatier — Tue, 12 Mar 2024 17:26:38 +0000

When you take a big step in your relationship – like getting married – it’s natural to merge your finances together. This is known in the financial world as joint ownership. Joint ownership is very common, especially for spouses or trusted partners. Being joint owners on a checking account, savings account, or home loan is

The post Joint Credit Card Accounts: 2024 Guide appeared first on Money Crashers.

What Is An Unsecured Credit Card?

Grant Sabatier — Fri, 08 Mar 2024 16:11:01 +0000

An unsecured credit card is what you typically think of when someone mentions the term, “credit card”. It allows you to make large purchases and pay them back over time. They also often come with rewards programs like air miles and cashback. Because it’s ‘unsecured’, credit card issuers won’t ask you to put down any

The post What Is An Unsecured Credit Card? appeared first on Money Crashers.

How to Get a Business Credit Card with an EIN Only

Grant Sabatier — Wed, 06 Mar 2024 16:49:21 +0000

Business credit cards can be an excellent tool for a business owner. In addition to allowing you to purchase essential items for your business, you can also keep your business expenses and personal finances separate. As a business owner, this is vital for your financial and tax records. However, when applying for a business credit

The post How to Get a Business Credit Card with an EIN Only appeared first on Money Crashers.

What is Cash Back on Credit Cards?

Grant Sabatier — Mon, 19 Feb 2024 19:42:09 +0000

Cash Back on credit cards is a customer rewards system, first introduced by a division of Morgan Stanley all the way back in 1986.[1] A percentage of all money borrowed on the credit card is returned either as a bank deposit or as a ‘statement credit’ (meaning a deduction from your next credit card payment).

The post What is Cash Back on Credit Cards? appeared first on Money Crashers.

How Do Credit Card Refunds Work?

Grant Sabatier — Wed, 14 Feb 2024 16:42:08 +0000

Buyer’s regret happens to the best of us. Perhaps you are not as in love with your purchase as you thought, or the item is defective. With that in mind, this is why credit card issuers allow for credit card refunds. Making a return on a purchase is a relatively straightforward process, as long as

The post How Do Credit Card Refunds Work? appeared first on Money Crashers.

How Much Available Credit Should I Have?

Grant Sabatier — Wed, 07 Feb 2024 17:20:56 +0000

Credit utilization is one of the most important factors contributing to your credit score. Your credit utilization ratio refers to how much available credit you have at a given time. Credit utilization is critical because it signals to lenders whether you can use credit responsibly and pay your debts. In fact, credit experts say that

The post How Much Available Credit Should I Have? appeared first on Money Crashers.

What Happens if You Overpay Your Credit Card?

Grant Sabatier — Mon, 05 Feb 2024 17:41:35 +0000

The majority of Americans have credit cards and utilize them regularly. When paying your credit card balance, sometimes an overpayment on your account can happen, and people are left wondering, “What happens if you overpay your credit card”? This article will explain what an overpayment is, why it happens, and what to do about it.

The post What Happens if You Overpay Your Credit Card? appeared first on Money Crashers.

Do Credit Limit Increases Affect Your Credit Score?

Grant Sabatier — Fri, 02 Feb 2024 19:36:35 +0000

A credit limit is the maximum amount of money you can borrow on your credit card. It is an essential factor in determining your credit score because it’s used to calculate your credit utilization ratio. The card carrier determines your initial credit limit, but they may offer you a higher credit limit or automatically increase

The post Do Credit Limit Increases Affect Your Credit Score? appeared first on Money Crashers.

Can You Buy a Car with a Credit Card?

Grant Sabatier — Mon, 29 Jan 2024 20:59:28 +0000

For many of us buying a car is the second largest purchase that we’ll ever make. Since it often requires financing, it’s been compared to buying a home — which is commonly our first largest purchase in terms of total dollars spent. So you likely question yourself, “Can I buy a car with a credit

The post Can You Buy a Car with a Credit Card? appeared first on Money Crashers.

Best Credit Cards for Large Purchases

Grant Sabatier — Fri, 26 Jan 2024 00:40:59 +0000

Making large purchases can be daunting. But if you have the best credit cards for large purchases, you can reduce the stress of juggling finances together for a large purchase and earn valuable rewards as well! In this article, we’ll be looking at a selection of the best credit cards that can be used for

The post Best Credit Cards for Large Purchases appeared first on Money Crashers.

Best High Limit Credit Cards

Grant Sabatier — Fri, 19 Jan 2024 19:45:00 +0000

High limit credit cards can be a valuable tool if used responsibly. Use these cards to maximize rewards when making an expensive purchase. Credit cards are a great tool to keep in your wallet — as long as you don’t max out your limit. And this is where high limit cards can come in! Any

The post Best High Limit Credit Cards appeared first on Money Crashers.

Best Credit Cards for Families in 2024

Grant Sabatier — Thu, 11 Jan 2024 00:17:28 +0000

For a lot of families, credit cards have become critical for managing expenses and sorting out finances. If you’re a parent juggling the costs of food, school, soccer practice, and many more activities, a credit card is perfect to stretch out your budget and make it work. However, with so many credit cards out there,

The post Best Credit Cards for Families in 2024 appeared first on Money Crashers.

Upgrade Select Visa Review 2024

Grant Sabatier — Tue, 09 Jan 2024 22:36:51 +0000

The Upgrade Select Visa may be a good option if you’re looking for a credit card that won’t nickel and dime you to death in fees or interest. In this Upgrade Select Visa review, I’ll help you understand how this credit card/personal loan works and how it can help improve your credit when used correctly.

The post Upgrade Select Visa Review 2024 appeared first on Money Crashers.

Best Credit Cards for Couples in 2024

Grant Sabatier — Tue, 26 Dec 2023 20:56:11 +0000

Love and money don’t always go hand in hand. However, for many couples, sharing a credit card together is a solid choice that can strengthen finances and make life a whole lot easier! Having access to the same credit card can offer protection, rewards, and other perks that are essential to any couple. It can

The post Best Credit Cards for Couples in 2024 appeared first on Money Crashers.

Best Credit Cards for Excellent Credit

Grant Sabatier — Thu, 21 Dec 2023 00:25:54 +0000

When trying to maintain an excellent credit score, it’s extremely helpful to have an exemplary card to match. Having excellent credit means that you get to choose from highly sought-after credit cards with valuable features and rewards. However, with so many options to choose from, it can be a challenge to find the card that

The post Best Credit Cards for Excellent Credit appeared first on Money Crashers.

Discover it® Balance Transfer Review 2024

Grant Sabatier — Fri, 15 Dec 2023 15:30:00 +0000

Are you chipping away at credit card debt at a high-interest rate? If so, you should consider moving your balance to a lower-interest credit card like the Discover it® Balance Transfer card. Unlike other balance transfer credit cards, the Discover it® Balance Transfer credit card offers rewards beyond an introductory APR. You can earn cash

The post Discover it® Balance Transfer Review 2024 appeared first on Money Crashers.

How to Apply for a Chase Business Credit Card: Step-by-Step Guide

Grant Sabatier — Mon, 11 Dec 2023 17:00:00 +0000

Chase Bank offers four Ink Business Credit Cards with outstanding cash-back rewards, designed to fit the needs of businesses of all sizes. We’ll cover what you need to know about these four options, and how to apply for a Chase business credit card. While the process is fairly simple, there are a few key differences

The post How to Apply for a Chase Business Credit Card: Step-by-Step Guide appeared first on Money Crashers.

How to Upgrade Chase Sapphire Preferred to Reserve

Grant Sabatier — Mon, 04 Dec 2023 23:00:00 +0000

The Chase Sapphire Reserve and Chase Sapphire Preferred are two extremely popular travel credit cards. And while both cards have the same credit card issuer and similar-sounding names, there are some key differences between the two. The Chase Sapphire Reserve card comes with more perks and statement credits than the Sapphire Preferred, but also much

The post How to Upgrade Chase Sapphire Preferred to Reserve appeared first on Money Crashers.

Best USAA Credit Cards of 2024

Grant Sabatier — Thu, 30 Nov 2023 22:00:00 +0000

USAA offers competitive credit cards for military members, as well as their spouses and dependents, that address most financial goals, such as low APR, cashback, or travel rewards. I’ve reviewed the USAA credit cards to help you determine which suits your family the most. 6 Best USAA Credit Cards of Comparing the USAA credit cards

The post Best USAA Credit Cards of 2024 appeared first on Money Crashers.