The Sun's Financial Diary

Before I applied for a Citi Driver’s Edge card back in December, I thought I could take advantage of the no-fee 0% balance transfer offer for 12 months and use the money to payoff our car loan which has an interest rate of 4.90%. Since I have been a Citi customer for almost ten years [...]

I usually don’t read too much the Costco Connection magazine I received every month as part of the benefit of being an Executive Member, because more than half of the magazine are ads while the rest are articles about stuff Costco offers . But a piece in the February issue did get my attention last [...]

Don’t have an iPod yet? You can get one for free if you apply and get approved for a Discover More Card and use the card to make a purchase. MyEasyRewards.com is now offering a free iPod Shuffle upon approval and activation of a Discover Card. From the offer website, the whole process takes three [...]

The Federal Reserve just cut interest rate again and banks will soon, if not already, follow suit to lower their savings accounts’ rates. And according to some experts, such as PIMCO’s Bill Gross, the current rate reduction cycle is far from over, which means interest rates from banks are heading no where but south in [...]

I just shrank my wallet by one more credit card as part of my effort to simply our finance Back in July 2006, I applied for a Discover Miles card for the purpose of using its 12-month 0% balance transfer. Ever since I got the card, I haven’t used it for anything else, though Discover [...]

Chase Freedom card is now offering a $100 after opening a new card and making the first purchase. I applied for this card in March was the bonus was $200 and my account was credited $200 less than 2 months after I used the card to make a small purchase. I was a little skeptical [...]

I am a credit card person. If possible, I will use credit cards to pay everything so I earn rewards for the money that I have to spend anyway. Half a year ago, American Express announced that it will let members make mortgage payments with AMEX cards. The news generated quite some buzz as it [...]

It has been more than two months since I last called American Express about the unauthorized charges on my AMEX Costco TrueEarnings card and longer than the 8-week investigation period that I was promised. I was hoping the outcome of the investigation could resolve the problem which has been dragging on for nearly 8 months. [...]