What Do the Numbers on Your Credit Card Mean?

Have you ever stopped to take a hard look at your credit card? Aside from the cool design, shape, and colors, there are lots of numbers emblazoned on the front (unless it’s the Chase Sapphire Preferred). And those numbers are pretty darn important, as they are necessary to process your transactions to ensure everyone gets … Continue reading “What Do the Numbers on Your Credit Card Mean?”

The Average Age of Open Credit Lines Is Extremely Important!

It seems everyone is always looking for results overnight, whether it be a new diet or a get-rich quick scheme. Unfortunately, meaningful results take time (and work), and the same is true for your increasingly important credit score. While making on-time payments is the most important factor behind all credit scores, including both FICO and … Continue reading “The Average Age of Open Credit Lines Is Extremely Important!”

The Citi Prestige Card Review: $450 Gets You What Exactly?

Citi just recently revamped its “Prestige Card,” which as the name suggests, is only reserved for the company’s wealthiest clients. Well, if you’ve got $400 $450 (they raised the annual fee) to spare on an annual basis, it’s for you as well, whether you’re rich or not. So what makes this credit card so prestigious … Continue reading “The Citi Prestige Card Review: $450 Gets You What Exactly?”

VantageScore 3.0 Goes Head to Head with FICO Score

A lesser-known credit score may finally become a major contender, thanks to a significant revamp. Most consumers are probably only aware of one credit score, the ubiquitous FICO score. But another widely used credit score, known as VantageScore, has been around since 2006. It was created by the three major credit bureaus to compete with … Continue reading “VantageScore 3.0 Goes Head to Head with FICO Score”

BankAmericard Better Balance Rewards Review

This week Bank of America launched their newest credit card, known as the “BankAmericard® Better Balance Rewards™ card.” As the name implies, the new credit card rewards cardholders who manage their outstanding balances more responsibly, which is a somewhat novel approach in the credit card industry. Typically, it’s quite the opposite, with cardholders generally only … Continue reading “BankAmericard Better Balance Rewards Review”

Ohio Credit Union Offering a No Fee Balance Transfer

If you’ve currently got credit card debt, perhaps from the holidays, or in anticipation of doing your taxes, a balance transfer is a great way to avoid costly and unnecessary finance charges. However, many balance transfer offers come with pesky balance transfer fees, which tend to be 3% (or more) of the amount transferred. For … Continue reading “Ohio Credit Union Offering a No Fee Balance Transfer”

What Credit Cards Do the Big Box Stores Accept?

While many businesses are beginning to ONLY accept plastic as a means of payment, there are still some companies that do not accept all types of credit cards for one reason or another. For example, most airlines only accept credit cards for in-flight purchases nowadays, but some big-box stores don’t even accept major forms of … Continue reading “What Credit Cards Do the Big Box Stores Accept?”