Best Credit Cards for You!

One of the most important features of a credit card is its annual fee. When you find two cards with similar perks and interest rates but different annual fees, it’s a no-brainer. It makes sense to go with the lowest fee possible. But what if you only find one credit card that really offers the perks or rewards you want? How do you evaluate the annual fee in that situation?

To help you figure out what a reasonable annual fee is, let’s start by taking a look at what those fees cover.

What Does Your Annual Fee Cover?

Annual fees can vary drastically. For example, on the low end you can find no annual fee credit cards like the HSBC credit card. On the high end you’ll find elite cards like the Citi Select credit card with its $700 annual fee. The reason fees can vary so widely has to do with other features of those cards.

Some annual fees include your membership in the card’s rewards programme.

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Tags: Annual Fee, Card, Credit Card

Earlier this week Iberiabank introduced its new Platinum Card complete with ScoreCard benefits which allows consumers to earn up to 17,000 bonus points during the first year that their account is open.

On opening the Iberiabank Platinum Cards, consumers are awarded an initial 5,000 bonus points on making their first purchase with their new credit card account. They then become eligible to earn an extra 1,000 bonus points every month during the first year of the account being open, provided that the monthly spend on the account is at least $250.

In addition to this, account holder also earn a point for every dollar that is spent on qualifying purchases making it easy to accumulate enough points to redeem for generous rewards fairly quickly.

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Tags: Platinum

If you’re a travel rewards card aficionado, life has never been better. In the increasingly heated battle for high-spending cardholders, card issuers are continuing to roll out tantalizing rewards and new perks for valued cardholders.

And if you have excellent credit, savings on these cards can run into thousands of dollars a year if you play your cards right.

Here are eight of the best airline rewards strategies from two leading miles point bloggers, Daraius Dubash of MillionMileSecrets and Gary Leff of BoardingAreas View from the Wing.

1. Prioritize rewards cards with partner airline programs. One of the most important choices facing consumers looking for a travel rewards card is whether to go with a generic card or one affiliated with an airline frequent flier program.

But according to Leff, you can have your cake and eat it too.

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Tags: Rewards, Rewards Strategies

Do you need financing? Then you’ll need to apply for credit. But there are several different credit options available to consumers. Which is the right one for you? That can depend on what you plan to finance and whether you have a one-time need for that financing or you’re looking for an ongoing credit line.

Let’s look at three popular types of credit you can apply for.

1. Credit Cards

If you’re here on our credit card comparison site, you’re clearly aware of credit cards as financing tools. This is probably the most common example of revolving credit. You’re given a credit limit attached to your card. You can spend that money up to your limit. When you pay off some or all of your balance, that portion of your credit limit becomes available to make new purchases again.

In other words, you can keep using that same credit limit over and over again as long as you pay off your balance in between.

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Tags: Credit Options, Options

Been rejected for a credit card? Don’t know why?

So many individuals these days are denied access to a credit card due to various reasons.

Such circumstances make it very difficult for them to know whether there is anything that they can do to be accepted by that particular credit card provider in the future. It also leaves them wondering whether other providers will accept their applications. A huge problem that this creates is that consumers will often make numerous applications following an initial rejection, and as more applications are made, their credit rating may suffer. This is because a check is made of their credit report every time that a provider sees their application, and each time that check is made, a note is made on the credit report. If there are multiple checks made in a very short space of time, their credit rating will suffer.

Thus, it is highly important for a consumer to attempt to keep their number of credit card rejections to a minimum.

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Tags: Card, Credit Card