Why I’m a Satisfied Credit Card Customer

This week, I was reminded of why I'm a fan of credit cards.  (Not that I was on the fence about it!  After all, I've enjoyed tens of thousands of dollars worth of flights from credit card rewards).  I just don't talk about it much because I don't want a poor money manager to adopt my ideas and ruin their finances. To start, here are a few things I believe about credit cards: For some … [Read more...]

Don’t Pay for Expensive Electronic Extended Warranties | Use a Credit Card Free Coverage

I've often wondered if I should be buying an extended electronic warranty when purchasing a new electronic item while shopping. Long ago, I decided that it didn't make financial sense to pay extra for a warranty.  That's because I was doing some research and wrote a post about the American Express Extended Warranty benefit. I just had a great experience with American Express's extended … [Read more...]

The Secret Ingredient for Earning Thousands More Credit Card Rewards

Update: There are several reports online (with reader comment confirmation) indicating that Office Depot is no longer selling Vanilla Reload cards.  If that is the case, the following earning opportunity is not nearly as lucrative. If you don't collect credit card rewards, then good for you.  This post isn't supposed to convince anyone to jump ship.  However, if you're a credit card user, I … [Read more...]

Is Credit Card Usage a Sin? Are Credit Cards Unbiblical?

A few months ago, I had a very loving, yet honest, email from a reader who was upset that I promoted credit cards at Help Me Travel Cheap. The main concern was that using a credit card is accumulating debt. The reader assumes that debt equals sin so credit cards must be a sin. I decided not to publicly respond to the concern and had a healthy email dialogue with the kind woman. Over the last … [Read more...]

Best Ways to Maximize Cash, Credit Card, and Debit Card Rewards

Yesterday, Jason was kind enough to write a guest post on how he maximized rewards.  Today, I’ll give my thoughts on the subject and share what I believe are the best methods for maximizing your credit card and debit card rewards. #1 Cash: Reward Potential – Unlimited if it Helps You Stay within Budget You might be thinking that you don’t get any cash back with cash.  Yes, that is true. But for … [Read more...]

A First at MH4C … A Credit Card Product Promotion | 100,000 British Airways Bonus Miles Offer

In nearly two years of blogging I’ve (to the best of my memory) never promoted a credit card on this blog.  I do, however, know for a fact that I’ve never done an entire post on a single credit card. However, this offer seemed too good to pass up. First, a story. Several months ago, British Airways was offering an opportunity to get 100,000 miles with a credit card sign up.  For some … [Read more...]

How to Get Your FICO Credit Score Online (Any Free FICO Score Options?)

Confession time.  At this time last year I’d never checked my FICO credit score. About 5-6 months ago I decided that your FICO score matters, and so I signed up for a free account at Credit Karma (at the time I didn’t know that Credit Karma doesn’t even give you your FICO credit score, but other credit scores) to help me monitor what’s happening with my credit.  Before that point, I’d never … [Read more...]

Employers Look at Credit Reports | Ludicrous or Smart Business?

“I’m sorry, Mr. Ford, but we are going to be unable to hire you because of some negative activity on your credit report.” I think if I ever heard those words, I would cry foul. I’ve previously said that your credit score matters, but I’m only just starting to learn about how important they can be. Your Employer May Look at Your Credit Report The Wall Street Journal reports that 1 in 6 … [Read more...]

Why You Shouldn’t Let the ‘Business’ in Business Credit Card Fool You

This guest article was written by Odysseas Papadimitriou, CEO and Founder of CardHub.com, an online marketplace for credit card offers and gift card exchange. Take a guess which is the best credit card for a small business owner to use: a business credit card or a personal credit card? How many people guessed both? That's right, it's a trick question. At least it has been since the passage of … [Read more...]

Credit Card Consolidation & 0% Balance Transfers | Does It Really Help?

On a recent post telling how to deal with credit card debt problems, I shared some advice and resources for getting out of debt.  In that same post, Darren (from More Than Finances) asked what I thought about 0% credit card transfers.  I gave a quick answer and thought I’d deal with it in more detail today. From a purely mathematical standpoint, there is no denying that taking advantage of 0% … [Read more...]