Archive for the 'Bank of America' Category

Balance Transfer Risks - Be Careful!

Tuesday, July 10th, 2007

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 […]

The Next IPhone!

Tuesday, July 3rd, 2007

With all of the coverage the iphone has been receiving over the last month I decided to find out what will be the next big thing in cell phones. Now we have already gotten to the point where we can take pictures, play songs, and surf the internet with your cell phone. What’s left? Well […]

Avoid Blank Checks Thats Credit Card Companies Send!

Monday, July 2nd, 2007

Do you have one of those credit card companies that send you a blank check along with your monthly statement?Well, if you use it, you might as well go to a loan shark, according to one consumer group. Consumer Action says that credit card checks are the same as a cash advance on your credit […]

Avoid These Mistakes When Applying For Credit Cards!

Thursday, May 31st, 2007

The US is quickly becoming a cashless society thanks to credit cards and increased technology. Almost everyone today, has a credit card or is in the process of getting one. However, there are a few mistakes that many people make when they apply to get a credit card.
Here are few important ones to avoid:
1. Act in haste repent […]

Feds Push For Simpler Credit Card Mailings!

Thursday, May 24th, 2007

Confused by the fees and terms of your credit card? The Federal Reserve wants to make your monthly bill and solicitations that arrive in your mailbox easier to understand.
The Fed wants companies to give people 45 days’ notice before making any changes to the terms of an account, including slapping on a higher penalty rate […]

Credit Card Usage!

Monday, May 7th, 2007

There has been a 23% increase over the past five years in the number of credit cardholders who use cards that accumulate points for merchandise and/or airline tickets. The new study also shows that debit card usage has decreased from 55% in 2003 to 44% in 2007. The research by Maryland-based Vertis found that the […]

Corporate Credit Cards - Does it Affect Your Credit?

Friday, May 4th, 2007

Most of us know that how we use our personal credit cards affects our credit rating. But what if you use a corporate credit card? Could that be a potential problem to your credit?
When accountant Troy Merkel travels for business, he packs his corporate credit card too.
“It’s easier to track, it’s all on one bill, […]