June 25, 2020

A credit card can be an extremely beneficial instrument – its presence in your pocket means you need not carry bundles of cash everywhere you go, or worry about losing the same. Moreover, you can use your credit card to take out a loan if you are temporarily short of funds. Having said that, credit cards are not meant to be used recklessly – unless you exercise caution, you may find y...

June 23, 2020

A balance transfer deal can help you get rid of debt quickly by allowing you to pay down the principal faster. Most balance transfer cards offer 0% interest for a limited amount of time - known as the promotional period. Since no interest is charged during this time, all payments you make on the card go entirely towards reducing the principal amount. However, using a balance transfer card can hav...

June 18, 2020

Time and again, we’ve discussed the importance of paying your credit card on time and in full – or at the very least, the minimum payment. But what happens when you overpay your credit card? Though overpaying a credit card seems like an unlikely scenario, it happens more often than you think due to one of the following three reasons 1. Accidentally overpaying your card bill online or ...

June 16, 2020

Small business owners often tend to mix up their personal and business finances; however, it is essential to keep these separate. One way to keep the distinction between personal and business expenditures is to use a separate credit card for your business. Another benefit of using business credit cards is that you can gain from the rewards they have to offer. At times, you can even get special fi...

June 11, 2020

Most consumers prefer to have multiple credit cards – either to take advantage of the various rewards different cards offer or to benefit from the combined credit limits. However, managing multiple cards can be a task. You must make sure that all payments are made on time and that you don’t fall into debt or get defrauded by criminals. Managing multiple credit cards Different cards pr...

June 9, 2020

Who doesn’t love earning cash back, or accumulating reward points and travel miles with just a swipe of the credit card? These rewards are among the primary reason that consumers prefer to pay for purchases using credit cards. However, reward points and travel miles have one catch – they often expire before you can get that bang for your buck. When will credit card reward points or tr...