Best Credit Cards for You!

When you set New Year’s resolutions, you likely think about things that have gone wrong in the past (or just not as well as you’d hoped). For example, you might feel like you don’t earn enough so you set a goal to increase your income. Or you focus on the mistake of getting into too much credit card debt and you resolve to pay off that debt in the following year.

There’s nothing wrong with using mistakes and less-than-ideal situations as a base for New Year’s resolutions. But look past those and you might also find motivation in past successes.

Fixing Mistakes is Great…

Certain New Year’s resolutions (like paying down debt) are popular for good reason. They involve problems that consumers know they need to fix. It makes sense to want less debt, especially if you’re struggling. It makes sense to improve your budgeting so you don’t go into more debt in the future.

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Tags: New Year’s, New Year’s Resolutions, Year’s, Year’s Resolutions

CreditCards.com’s Weekly Rate Report

  Avg. APR Last week 6 months ago National average 15.22% 14.98% 14.83% Low interest 11.17% 10.62% 10.73% Balance transfer 13.08% 12.77% 12.76% Business 13.13% 13.13% 13.07% Student 13.77% 13.77% 13.77% Airline  14.54% 14.44% 14.24% Cash back  14.86% 14.61% 13.87% Reward 14.86% 14.69% 14.40% Instant approval 15.49% 15.99% 15.99% Bad credit 24.96% 24.96% 24.96% Methodology: The national average credit card APR is comprised of 100 of the most popular credit cards in the country, including cards from dozens of leading U.S. issuers and representing every card category listed above. (Introductory, or teaser, rates are not included in the calculation.) Source: CreditCards.com Updated: Dec.

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Tags: Interest, Rate Report, Weekly Rate, Weekly Rate Report

Credit card reward programs can be a great way to get everyday and travel rewards but transferring points to a frequent flyer program is often a tricky process.

Many credit card providers, including ANZ, the Commonwealth Bank, Citibank and Suncorp, have their own rewards program so that cardholders can choose from a wide range of redemption options.

Unfortunately these kinds of cards are not usually favoured by people planning to use points for flights, especially not with so many frequent flyer reward cards available.

But Suncorp is one credit card provider that is bridging the gap between general and frequent flyer cards, giving reward cardholders the opportunity to transfer points to the Qantas Frequent Flyer program, Singapore Airline’s KrisFlyer rewards or Virgin’s Velocity Rewards program.

With a Suncorp rewards card on hand people can earn one point per $1 on most purchases and make redemptions once 5000 points are accumulated.

Suncorp also makes it easier to earn points by allowing people to set up automatic bill payments from their card, so if you had $250 worth of bills in a month you would earn 250 points by simply paying for necessities.

To transfer these reward points to a frequent flyer program, cardholders will need to follow the steps below:

1. Log onto the Suncorp Internet Banking site
2. Select the credit card account
3. Check the points balance
4. Choose the “redeem” option; and
5. Select the redemption partner you would like to transfer points to

For people who want to earn Qantas Frequent Flyer points, this process can not be used for other airline rewards, but the benefit is that platinum cardholders will be able to earn one Frequent Flyer point per $1 spent.

KrisFlyer and Virgin points, on the other hand, are offered at a lower rate when using the points transfer option, with 2 Suncorp Rewards points equalling one airline reward point.

The variety of rewards and redemptions available can make credit cards with provider rewards a lot more appealing than specific frequent flyer cards, but if airline points are something being considered it is good to look into different point transfer methods.

With a Suncorp rewards card on hand it should be easy for anyone to get as much value out of rewards as possible and save up for flights or everyday rewards whenever they want.

Tags: Credit, Points Credit

Even if you do not have great credit, you can still apply for credit cards. There are credit cards for every different types of credit. If you are considered to have a fair credit score, you will still be able to take advantage of the many different credit cards that are available to you. Capital One No Hassle CashSM is one of the best credit cards that you can have for fair credit. You will still be able to get cool bonuses, such as 2% back on gas and groceries, and many more.

Another credit card that you can consider having for fair credit is, Citi Forward Students credit card. One of the best offers that come with this credit card is the fact that you will receive 0% apr on the first 7 months that you have your account open. Students can use this card to cover many expenses that relate to school. Another credit card for fair credit, is the Discover student card.

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Tags: Credit, Credit Card, Fair Credit

WASHINGTON, D.C. — According to the 12th Annual CFA-CUNA Holiday Spending Survey, more consumers are worried about their finances than those who are comfortable with their finances. The worry is directly attributed to the worst financial crisis facing America since The Great Depression. Many consumers reported that their finances are in worse shape than they were this time last year or the year before.

The survey was conducted nationally with 1,011 adults reporting between November 10^th and November 13^th.  About 37 percent of those adults surveyed revealed that their financial situation was worse off than it was year ago, while 30 percent said that their financial situation had improved.

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Tags: Finances