A few weeks ago Bankrate wrote a post on balance transfers and how to transfer to a zero percent interest card, take the credit limit out via convenience checks, invest that money in a high-yield savings account or CD, pay off the card with that money when the zero-percent intro rate expires and keep the […]

Before you transfer that hefty credit card balance to a card with a super-low introductory rate, read the fine print and ask questions. Otherwise, you could end up paying fees and a much higher interest rate than you expected.
• How long does the introductory rate last?
• What is the card’s annual percentage rate after that […]

Last night I saw a wonderful documentary about Credit Cards and their history on PBS. It was very interesting, not only because I am in this industry either. I definitely reccomend that you take some time and watch this. This is one of the most wonderful times of the year for the banking industry’s most […]

I came across a great article in smart money where credit card companies use the following 8 tricks to impose more charges on you as the consumer:
1. Looking for Any Excuse
Believe it or not, many credit-card companies will periodically review your credit report looking for late payments on other cards, according to findings from the […]

Last Month I was having dinner with two other people. One of them started to mention how she has no money and that she was hoping that the credit card company would raise her credit limit so she could spend more. Immediatley I looked at her and asked why? She currently has an 18% interest […]