Does your credit card work for you? Learn from credit card reviews how to make a credit card work for you!
February 26th, 2010 ccblogger
The number of American citizens that are projected to go on vacation this year is dramatically lower than it has been for the past several years. More and more Americans are concerned with putting food on the table, instead of going on vacation. As the economy continues to spiral downward, airlines are desperately trying to keep their businesses up and going.
Many different airline and airfare booking agencies have had to drastically lower the price of airplane tickets. This is a completely different strategy than they had to employ only a few years ago. When the price of oil got to be over $140 per barrel, airlines took advantage of the surge and began charging high airfares. However, the tide has turned in a major way.
In order for many of these airlines to stay in business, they are having to cut the price of a seat. In order to fill seats, the price of an airplane ticket has dropped over 40% in the past year. Similarly, the price of an airplane ticket has recently reached a two-year low.
It has been quite some time since airlines have had to deal with this drastic of decrease in ticket sales. After September 11, 2001, many airlines faced bankruptcy simply because consumers were afraid to fly due to the ever-increasing threat of terrorist attacks. Now nine years later, consumers may think twice about flying. Not necessarily because of terrorism, but because of their pocketbooks. If someone spends, say $500, on airline tickets, there is no telling when that $500 will be desperately needed.
However, you can capitalize on discount airplane tickets by using your cash back credit card. Not only will you be able to fly for a discounted rate, but you will be earning points with your cash back credit card program. Combining these two great “offers” is the way to go. Earn points while you fly and fly for almost free.
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February 2nd, 2010 ccblogger
Credit cards are a wonderful entity when used correctly. Consumers who use their credit cards responsibly find a great deal of financial freedom from their credit cards. When used correctly, credit cards can become a liberating financial resource.
Some credit cards are better than others. The Chase Freedom credit card is one of those few that really pay off.
The Chase Freedom is one of very few cards that pays you immediately. One of the few cash back credit cards that truly delivers, the Freedom card from Chase pays $50 after the first purchase is made using the card.
The Chase Freedom card is simple to use. Unlike other cards that use confusing spending tiers, the Freedom cash back credit card pays the same percentage every single time. For every dollar you spend, you will automatically earn 1% cash back. You don’t have to worry about earning a certain percentage here and a certain percentage there. You’ll get 1% back everywhere.
Chase allows their customers to earn extra money back. Each time you shop online with Chase’s premier partners, you can earn 10% cash back. With some of these vendors, you can even earn 20% cash back. These purchases are great because you can do your shopping online and get up to 20% cash back. The Freedom card also lets you earn 3% cash back when you make purchases in categories such as home improvement categories, gas, department stores, etc.
Chase Freedom doesn’t just offer great cash back rewards. It also comes with a 0% APR. That means that you can start earning cash back before you even have to make an interest payment. There also is no annual fee associated with the Freedom card. Fitting. No annual fee for a ‘Freedom’ card.
The Freedom credit card from Chase is one of very few credit cards that actually put you a head. Free up your finances with the incredible terms and conditions that come with the Chase Freedom cash back credit card.
Posted in Cash Back Credit Card, Chase Credit Cards | No Comments »
November 24th, 2008 Admin
Earn More Cash Back Every Weekend
Like millions of Americans, you probably wake up early each morning during the week, go to work and then return home late in the evening. This schedule probably doesn’t leave much time available for family, friends and taking care of even life’s basic essentials. Instead, you spend much of your weekend taking care of things you would much rather do during the week, like shopping, instead of spending more time with family and friends on the weekend. If you find yourself doing most or all your shopping or errands on the weekend and want to earn cash back, there is a credit card perfect for your busy lifestyle.
Enter the HSBC Weekend Card. This cash back reward credit card earns cardholders double the amount of cash back they earn for using the card on Saturday and Sunday. During the week, purchases will earn a 1% cash rebate, while all purchases made on the weekend earn a 2% cash rebate. Here are the important card details:
- Earn 2% cash back on all retail purchases made on weekends (Saturday & Sunday)
- Earn 1% cash on all retail purchases during the week
- No earnings caps, spending requirements, tiers or point expiration
- 0% APR on purchases and balance transfers for 12 months
- No annual fee
This cash back credit card from HSBC is a great way to reward yourself with additional cash back on all your weekend spending. Use the card for grocery shopping, gas, a night out with friends and more. Earning more cash back for what you already do is easy and convenient. Check it out online for full details and to apply.
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October 22nd, 2008 Admin
The Reality of Holiday Shopping
Americans are beginning to realize that another Great Depression is looming ahead. The government has enacted several policies that will hopefully stop the economy from being damaged further. Everyone is unsure what the future will hold. With the Christmas season just around the corner, no one knows exactly what the 2008 holiday season will be like.
2008 has already been a life-changing year for millions of Americans. Many people have had to change the way they live. This includes changing the way they shop. Different cultural trend research companies have been evaluating trends in American shopping. It has already been found that Americans have already drastically changed the way they shop. Consumers have been forced to become smarter shoppers by the mortgage crisis, the ever high prices of fuel, and the stock market meltdown.
So, this means that this holiday season will be dramatically different from previous years. Americans won’t be able to depend as heavily on their credit cards because many credit card companies have tightened restrictions. Still, there are ways that you can use your cash back credit card company for good this holiday season. Here are some trends to keep in mind when using your cash back credit card this season.
1. Part 2: Christmas. The price of airfare is dramatically higher this season, thanks to the rising price of fuel. Because of this, many Americans have decided not to do their usual holiday traveling. These people will also take advantage of many post-Christmas sales with their cash back credit card. Instead of visiting their loved ones this holiday season, they will send gifts from these post-holiday sales.
2. Practical Giving. American consumers will use more practicality this year than ever before. Many consumers are still planning on buying gifts, but the amount of money spent on these gifts will be dramatically less. We’ll see more practical gifts instead of extravagant ones.
3. Gift Cards. There are thousands and thousands of cash back credit cards out there. Many Americans are planning on using their reward points to buy gift cards to give to their loved ones. These practical gifts won’t cost them a thing (since they are using their cash back points)
4. Indulgences. Americans aren’t going to completely deny themselves this holiday season. Everyone will be using their cash back or reward credit cards to buy gifts for others and for themselves.
Using a cash back credit card is the only way to go this holiday season. If you want to make the most out of your holiday budget, you absolutely have to use your cash back credit card. Make the credit card companies pay you this Christmas season…use your cash back credit card.
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September 5th, 2008 Admin
The Perfect Cash Back Credit To Fit Your Style
There is an unlimited array of cash back cards to choose from. Cash back credit cards range from low interest to high interest and from minimal cash back to a substantial amount of cash back. If you pay off your balances at the end of the month, you might benefit the most from a high interest cash back credit card. Here’s why: It doesn’t matter that the interest rate is so high; since you pay off your balance every month, you’ll never get caught making those interest payments. Plus, the high interest rate cash back credit cards tend to give you a larger percentage cash back.
Say you don’t pay off your credit card balance every month. Instead, you carry each balance from month to month, only making minimum payments. Don’t sweat. There are cash back credit cards that are perfect for you too. You’ll want to choose a cash back credit card that has a lower interest rate. Because you don’t pay off your balance every month and end up paying interest on your balance, you’ll want to keep your interest payment as low as possible. The best way to do this is to get a cash back credit card that has a low rate. With the low rate however, you’ll probably earn a smaller percentage back. But, here’s the good news. You will probably earn enough cash back to have those interest payments paid for. You may even make a little bit more cash back to go to the movies or out to eat with.
Whatever your style, there is a cash back credit card for you. Each credit card offers different features and has different fees. Take a close look at what your spending style is and get the cash back credit card that works the best for you. Here are a few great cards to choose from:
Chase Free Cash Rewards
- Earn 1% cash back for every dollar you spend
- Earn up to 10% cash back at select retailers
- 0% fixed APR for the first 12 months
- No annual fee
- Get 1,000 Bonus Points after you make your first purchase
- For every 2,500 points you earn, choose between a $25 check or a $25 gift card
Clear from American Express
- Get 1% cash back on all eligible purchases
- For every 2,500 points you earn, you’ll get a $25 check
- Get a free credit report with your credit score every 12 months-
- 0% APR for the first 12 months
- No fees of any kind (annual, late, over-limit, cash advance or balance fees)
Discover Motiva
- Get .25% cash back on your first $1500 you spend each year
- Earn .50% cash back on annual purchases between $1500 and $3000
- Earn 1% cash back on any purchases over $3000
- Get additional rewards every time you pay your bills on time (2 times per year)
True Earnings Card from Costco and American Express
- Get 3% back on all gasoline purchases
- Get 3% back on purchases at restaurants
- Get 2% back on travel purchases
- Earn 1% cash back on all other purchases (including purchases made at Costco)
- It is an American Express credit card and a Costco membership card in one
- 0% APR for the first 3 months
- No annual fee with a paid Costco membership
These are just a few popular cash back credit cards. As you can see from these few examples, there is a card for everyone and for every style. Get more from your credit card…get cash back. Get a cash back credit card that is going to reward you for your spending style.
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July 31st, 2008 Admin
As a business owner I depend on my ability to fund operations with credit cards. This not only allows me to extend my cash flow at least an additional 30 days, but provides me with short-term interest free financing of our operations. For the first few years of my business I used the American Express Business card as my primary source for payments and took advantage of rewards points. The rewards program is great, but it only give you back about ½ percent of the money you spend - which isn’t great these days. On top of that, I found that I wasn’t really taking advantage of the points that I had earned and they were starting to accumulate. Typically that rewards prized were over priced anyway.
Earlier this year AMEX announced an new card knows as the Plum and our business has greatly benefited. This card works the say way but the difference is that if you pay your balance 20 days after your statement closes you get 2% back on the total. That’s huge for a business! We are now seeing actual cash come back to us each month rather than points that we weren’t using to begin with. If you decide to extend your payment out for the full 30 days you still get 1% back and they have options of paying over time that are much more reasonable than normal high interest rates associated with most cards. This cash back card is much harder to qualify than any other AMEX that I’m aware of and you will be required to provide accurate company financials to an underwriting department. But once you have the card - it’s the best option out there for funding your business operations. I’m a big fan!
Steve P.
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July 21st, 2008 ccblogger
We use a credit card from Chase with no rewards. We’ve been planning on switching to a card with rewards but have never made the change because of laziness. Even though we feel like we don’t ever use the card, I recently calculated how many reward dollars we could have earned over the last month, year, and 5 years. It’s remarkable to see how much you can earn. We were crazy not to get a cash back credit card. I can only imagine how much we’ll earn when we’re actually motivated to use our credit cards. It goes without saying… we’ll be making the change shortly.
Cory T.
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