New to credit? You may have come across secured credit cards in your search for a credit card, but are wondering how they differ from unsecured credit cards and if they’re the right choice for you. In short, they’re quite similar — except that secured credit cards require something called a security deposit, which we’ll […]
If you’re paying a mortgage every month, you may have wondered whether you could use a credit card to pay it in order to earn more points, miles or cashback rewards. It’s a tempting thought. If you’re paying $2,000 a month on your home mortgage, for example, and you have an unlimited points credit card […]
You’re a parent who wants to help your children start building their credit foundation early. Or you’re a credit cardholder who wants to help a friend or family member build or rebuild their credit. How can you, as a cardmember with good credit, help? You can do this two ways — by adding a joint […]
You’re at a store shopping or out to dinner with friends and it happens — the card you submit for payment is declined. Why did it happen? A February 2018 survey found that 12% of credit and debit card users had at least one card declined in the last year. The most common reason — […]
When you pay for purchases online, you may have come across the Visa Checkout option and wonder if it’s worth creating an account. Visa Checkout is an online and mobile payments platform that allows you to enter a username and password at checkout and complete your purchase without requiring you to manually input your credit […]
A cash advance may seem like a quick and easy way to get cash if you’re in a bind, but it can cost you a great deal of money in the long run due to numerous fees and high interest charges. There are plenty of alternative options that can provide you with cash, such as […]
Credit cards offering introductory interest-free periods and special financing options may seem like a quick and easy way to get out of debt or finance new purchases. But they sometimes also carry the risk of deferred interest charges. Many of the cards with deferred interest tend to include terms like “no interest if paid in […]
The Chase Sapphire Preferred® Card is Chase’s flagship rewards credit card, earning Ultimate Rewards® points that can be transferred to several leading airline and hotel programs like United, Southwest, Hyatt, and Marriott. As the Chase Sapphire Preferred® Card credit card increases in popularity we are getting more questions on how it works. Below are some answers to frequently asked questions about the […]
Credit card debt tops $1 trillion with an estimated 122 million Americans carrying an average debt of $4,453, according to a study done by MagnifyMoney. (Disclosure: MagnifyMoney is owned by LendingTree, which also owns CompareCards.) If you’re one of them, you may be considering consolidating your credit card debt. You can do this by utilizing […]
The interest rate you incur on a credit card is referred to as your APR — annual percentage rate. Since interest rates are listed as annual percentages, simply divided your interest rate by 365 to get your daily interest rate. The most common way you’ll be charged interest on your credit card is when you […]
You may be struggling to make payments on your credit card and are wondering can you pay a credit card with a credit card. While you can’t directly pay your credit card bill by entering the credit card number of a different card as payment, you can indirectly pay a credit card with a credit […]
Applying for a credit card is as simple as spending a few minutes to fill out an application online — but that doesn’t mean it’s easy to get approved. Credit card issuers consider numerous factors when determining your eligibility, and we’ll review some of the factors you can control to hopefully increase your approval odds […]
