Calling the Change “Exciting,” FIA to Terminate Fidelity 529 College Rewards MasterCard
When MBNA and Bank of America merged their online access last month, my MBNA AAA credit card has been moved to BoA and I can access the credit card using the same login as my BoA bank account. But my Fidelity 529 College Rewards card, which was also issued by MBNA was left out. What [...]
The Second Best Way to Transfer Balance
In my yesterday’s post, So How Many Credit Cards Can You Have and Still Get a Good Credit Score?, I said that at one time back in June I had nearly $51,000 balance on four credit cards, all due to 0% balance transfers. I LOVE (yes, LOVE) to take free loans from credit cards (new [...]
So How Many Credit Cards Can You Have and Still Get a Good Credit Score?
While I generally agree that too many hard inquiries (voluntary inquiries) in a short period of time (however if the inquiries span only a couple of days, they will be reported as one inquiry rather than multiple one) hurt your credit score in the short term (FICO only uses the hard inquiries in the past [...]
Study Warns Privacy Risk of No-Swipe Credit Cards
I read an article yesterday on the New York Times website about the potential privacy risk of no-swipe credit cards, those cards that don’t require manually swiping through a machine, therefore, no signature needed. For a customer with a no-swipe card (for example, the Blink card from Chase), all he/she needs to do is waving [...]
And That’s Another Reason You Shouldn’t be Late
in paying your credit card bills.
According to a Reuters article, The General Accountability Office (GAO)’s report released today found that the average financial charge for a late credit card payment jumped from $13 in 1995 to $34 in 2005, an increase of 115%, and the highest charge is $39. The fees for over the limit [...]
For One-Year 0% BT, I only Got Ten Months
I applied a Discover Mills Card back in July, which offers 12,000 bonus miles, fee-free 0% balance transfer for one year, and additional 1,000 monthly bonus miles for 12 months with any purchase charged with the card (BTW, the offer is still valid). Immediately after receiving the card, I called Discover to confirm the one-year [...]
New Promotion From Discover Card
Time to put your Discover card in use!
Discover card has a new promotion from October to December for 5% cashback on restaurants and movies (good for both tickets and rentals).
Making the deal more attractive, you can also earn 5% cashback from the following retailers: (both online and in-store):
Amazon.com
Barnes & Noble
Borders
Circuit City
Crutchfield
Napster
Waldenbooks
The promotion, however, has a [...]
Cashback Credit Cards
The rumor is out that Citibank will terminate the 5% cashback program of its Dividend Platinum Select Cash Back Rewards credit card (When I checked the Citi’s web site today, I couldn’t even find the Dividend card.) Currently, the card gives 5% cashback on purchases made at gas stations, grocery stores, and supermarkets. Beginning in [...]
AMEX Downgrades Its Reward Program
And upgrades fees for some cards.
If you have an AMEX card and have been a happy member of its Membership Rewards program, chances are you are not going to enjoy the double rewards points program any longer.
Recent news reported on CNNMoney.com said that AMEX will eliminate some double rewards points program while raising annual fees [...]
