A Message from Jeffrey Weber: When writing these articles, my goal was to provide you with the information I believe is necessary to make a wise credit card choice. While I do my best to point out as many traps and tricks as possible on credit card offer pages, experience has shown me that many people don't take the time to heed my warnings. Clearly, you're one of the people interested in learning what I have to share. I'm glad to have you as a guest on my site.
In these articles, I go into depth on topics I deem essential. It is my hope that spending a few minutes reading these articles will help you learn how to analyze credit card offers the way I do. Hopefully, the wisdom they contain will help you make a credit card selection that will save you money on interest and maximize your profits from credit card rewards.
Should you have any further questions, comments or complaints, please feel free to contact me with your concerns.
The Keys to Understanding Credit Card Applications
Secrets of 0% APR Credit Card Applications: While the CARD Act has forced credit card companies to treat their customers more fairly, it hasn't changed the ways they lure in customers. One big lure is the 0% APR offer. Unfortunately, not all 0% offers last as long as they appear to. Learn how to spot the best (and longest) 0% credit card offers.
Secrets of Low Interest Rate Credit Card Applications: When you apply for a low interest rate credit card, the 0% rate you are awarded may be substantially different than the lowest available rate. This is true with nearly all credit cards, but some credit cards offer you a better chance of getting a better long term low interest rate than others.
Finding the Best Credit Card Application for You: Some credit cards are significantly better than others. But there is no one size fits all best credit card. When you're seeking out a credit card, focus on finding the best credit card for you, not the best credit card in the world. Here are some tips to help you figure out what the best credit card for you is.
You Don't Have to Pay Interest on Your Credit Card Balances, So Why Are You?: Just about every credit card company offers 0% APR promotional deals on balance transfers. Taking advantage of these deals can save you a few hundred dollars in interest. So why aren't you using balance transfers?
How Balance Transfers Can Save You Hundreds on Interest: With a balance transfer credit card, you can move your high interest balances to a credit card with a 0% rate and pay no interest for a full year. And it really is that simple.
Earning Credit Card Rewards
How to Earn Credit Card Rewards: If used correctly, a credit card can net you significant profits. I personally earn about $600 a year in credit card rewards. How? I charge everything and pay my bill in full every month to eliminate interest expenses. Learn how I profit from credit cards so you can too.
Cash Back is the Best Credit Card Reward: Racking up points and miles just isn't as rewarding as cash back. With a cash back credit card, you earn money that you can use to buy the things you want. You can't use miles to buy gas, but you can use cash back to pay for flights. And once you earn cash back, credit card companies can't devalue your reward.
Points are NOT the Best Credit Card Rewards: Credit card rewards points are not the best type of rewards. In fact, they're generally the worse. Not only do points tend to have less value than cash back or airline miles, they can be devalued at any time, making them worth even less.
Are You Using the Wrong Credit Card: There are tons of reasons why we use one credit card over another. But are they the right reasons? Selecting the right type of credit card is the key to saving money on interest and earning money from credit card rewards.
The Downside of Airline Credit Cards: Airline miles aren't as good as cash back rewards for a lot of reasons, but some airline cards are much better than others. Here, I look at an airline offer tied to a specific company to point out how high annual fees and similarly high interest rates make airline specific cards inferior to general airline miles cards.
How Many Credit Cards Do I Need?: If you only have one credit card in your wallet, you might be risking disaster. Having more than one credit card can help protect you from credit limit cuts, temporary fraud freezes, and other issues that might arise if your only credit card won't work when you need it most.
No Foreign Transaction Fee Credit Cards: Most credit card companies charge 3% foreign transaction fees and many companies charge foreign transaction fees for purchases made in U.S. dollars for overseas expenses, such as hotel bookings. Learn which credit cards offer no foreign transaction charges so you can save money when traveling abroad.
Credit Card Applications Overview: Credit card applications are purposely confusing. And that's the way credit card companies want it to be. Learn about what to look for when you apply for a credit card so you can avoid falling prey to credit card application traps.
How to Save $200 on Groceries with a Cash Back Credit Card: Racking up $200 in cash back rewards on groceries is a lot easier than you might think. I used a low estimate of what the average family spends on groceries each year and put together a simple strategy to earn $200 cash back during one year.