Prequalified vs. Preapproved: Which Credit Card Offer to Trust
A prequalified offer is a guess about your credit, but a preapproved offer is a conditional promise. The difference matters when you…
Category: Credit Cards
How Foreign Transaction Fees Work (and How to Avoid Them)
A foreign transaction fee adds up to 3% to every purchase you make abroad. Here is how the fee works and how…
Your Business Card Might Be on Your Personal Credit Report
A business credit card can damage your personal credit score because you are often personally liable for the debt.
How to Dispute a Credit Card Charge and Get Your Money Back
A chargeback is a powerful consumer right, but you must follow the correct steps to get your money back from a merchant.
The True Cost of a Credit Card Cash Advance
A cash advance seems simple, but its high interest rate and lack of a grace period make it one of the most…
Is a Second Credit Card a Good Idea?
A second credit card can boost your credit score and earn rewards, but only if you choose it for the right reasons…
The Credit Card Grace Period Is a Free Loan. Use It.
The time between a purchase and its due date is an interest-free loan, but you lose this perk if you carry a…
The Spending Requirement Is the Real Price of Your Credit Card Bonus
A big credit card bonus is tempting, but the spending requirement can lead you to overspend and fall into debt.
How to Get a Higher Credit Limit Without a Hard Inquiry
A higher credit limit can lower your utilization and boost your score. Here’s how to ask for one without the credit report…
The True Cost of a Store Card Discount
The 20% discount at the register looks good, but store credit card interest can erase those savings fast.