Credit Education
If you regularly use credit cards for purchases, you probably know the difference between the Mastercard logo and logos for other types of cards. What you may not know is that there are several different kinds of Mastercards to choose from. If you are in the market for a new credit card, take a look at our guide to the five different types of Mastercards to help narrow down your search.
A credit card statement credit is a payment made by a business and posted to your credit card account. Such payment shows up on your monthly credit card statement as a credit, which reduces your account balance. You may receive statement credit for purchase refund, credit card bonus, or redemption of credit card rewards points or miles. Are statement credits better than other forms of cash back? Are statement credits taxable? What credit cards are offering statement credits for bonus or rewards? Continue reading to find the answers.
Learn what the credit card minimum payment is, avoid pitfalls of late fees and penalty, and find out how to minimize interest with right credit cards.
Many business credit cards offer fabulous deals. Some of those deals are much better than those of consumer credit cards. But many people stop short of applying for business credit cards because they mistakenly believe that they need to run a corporation or LLC business to qualify for a business ...
If you're stuck paying late fees or other penalties because you missed a payment, you’re essentially throwing money away that could be used for something else. While it’s always best to pay on time and in full if you can, this is not always possible. If you’ve been late, don’t be afraid to reach out to your credit card company. Chances are, they may be more willing to help than you think.
Having a good credit score is important to your financial health; the tips listed will help you on your way to improving and maintaining your credit score.
Having a credit card has a lot of advantages, as long as you maintain it responsibly. Here are 7 ways in which we benefit from owning a credit card.
What’s most important isn’t the number of accounts on your credit report, but what you do with them. Before making a financial decision, think about how the number of accounts you have will affect other credit score factors; check your credit report to see how you are doing.
Do you read the fine print of a credit card offer? If you do not understand the language, you may be frustrated. Read here to see what these frequently used credit card terms mean.
If you are in a position in where you are working on rebuilding your credit, a secured card may help. They all have their differences in features and fees, so it is important to look carefully at the fine print.