credit-card-debtGetting out of credit card debt is one of the most difficult challenges in all of personal finance. Cardholders in debt continue to see their interest charges accruing each month, based on their average daily balance. And as unsecured debt, credit cards have relatively high interest rates compared to home, car, and student loans. Furthermore, credit card debt is never tax deductible. Finally, many cardholders must continue to finance their regular purchases, which contributes to their total amount of debt.

The most important step that cardholders can take to get out of debt is to continue to make their payments on time, every month. Doing so will help keep their credit strong and enable them to take another important step, opening up a card with a 0% APR balance transfer offer. [click to continue…]

credit-card-giftThose who hold the Chase Freedom®, Discover it®, or the Citi Dividend Platinum Select receive 5% cash back on select purchases from categories of merchants that change each quarter. Now that the fourth quarter of 2014 has arrived, cardholders should immediately activate their bonus categories.

Chase Freedom®

Freedom’s bonus categories for Q4 2014 include all purchases from Amazon.com, Zappols.com, and select department stores. The 5% cash back is available on up to $1,500 of qualifying purchases each quarter.

Furthermore, the 5% cash back is actually awarded in the form of points in Chase’s Ultimate Rewards program. While these points can be redeemed for cash back, they can be worth even more when transferred to a Sapphire Preferred, Ink Bold, or Ink Plus account. [click to continue…]

Best Balance Transfer Offers For December

December 15, 2014
Best Balance Transfer Offers For December

This December, credit card users who are in debt will need a balance transfer offer with 0% APR promotional financing. Opening up one of these accounts allows cardholders to take a break from their interest charges while they pay down their debt. And without these interest charges constantly accumulating, credit card users can devote their savings […]

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Chase Slate Now Offers An EMV Smart Chip

December 12, 2014
Chase Slate Now Offers An EMV Smart Chip

In the last year, the subject of credit card security has moved from an obscure topic of interest to credit card experts, to a regular feature in the nightly news. The difference has been a series of high profile security breaches among major retailers. In response, the credit card industry has been publicizing its long […]

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Understanding Promotional Financing Versus Deferred Interest

December 10, 2014
Understanding Promotional Financing Versus Deferred Interest

Credit card users can find promotional financing offers to be extremely attractive. These offers allow cardholders to avoid interest charges, which can amount to hundreds of dollars in interest savings. Unfortunately, not all promotional financing offers are created equal, and some can be quite risky to cardholders. How deferred interest financing works Some retailers offer […]

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Citi Launches Citi Table Dining Benefit

December 8, 2014
Citi Launches Citi Table Dining Benefit

Citi, one of the leading credit card issuers in the United States, just announced a new benefit that is being offered to all cardholders. The Citi Table dining program features exclusive dining experiences and special offers at tip restaurants. In addition, cardholders can use a new app called TabbedOut to quickly split restaurant checks and […]

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Best Travel Rewards Promotions For December

December 5, 2014
Best Travel Rewards Promotions For December

Before the end of 2014, credit card users have the chance to earn significant travel rewards for their credit card use. By signing up for the most competitive credit card offers, travelers can earn points and miles toward free hotel nights and award tickets on airlines. Here are some of the best travel reward promotions for […]

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Best Rewards Credit Card Deals For December

December 3, 2014
Best Rewards Credit Card Deals For December

This December, credit card users have the opportunity to earn valuable points, miles, and cash back from their credit cards. There are many cards available that offer rewards as a sign up bonus and for regular spending. So now is your chance to choose from one of these top offers available this winter: For a limited […]

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