Most credit cards offer you up to 21 days grace period for new purchases without incurring interest, but this period could end if your balance is not cleared by its due date. Grace periods only apply to purchases and do not apply to balance transfers or cash advances, which start accruing interest immediately. Learn how […]
Category Archives: Credit Cards
22
May
May
Capital One Spark Cash Plus card is tailored specifically to high-volume business spenders. It comes with an attractive welcome offer and many perks including employee cards, roadside assistance coverage and extended warranty coverage. However, the $150 annual fee might be an obstacle for small businesses considering applying. So is this card really worth investing in? […]
22
May
May
Balance transfer cards offer many credit card holders a way out from debt; but can Apple Card owners use balance transfers as a solution? The Apple Card does not provide balance transfer capabilities. While this may disappoint some cardholders, this decision helps safeguard credit scores as balance transfers can negatively impact them. 1. Balance Transfer […]
22
May
May
Both Blue Business Cash and Plus cards provide valuable rewards, but each comes with distinct advantages for your business. When selecting the ideal card for you and your staff, consider your preferences for flexibility of points versus cash back rewards. Both cards offer American Express Membership Rewards points that can be redeemed for flights, hotels […]
22
May
May
The Instacart Mastercard is the first co-brand card available in on-demand delivery, and provides an excellent rewards rate and sign-up bonus. Furthermore, redemption flexibility is relatively rare among no annual fee cards. Cardholders can use their rewards for direct deposits or statement credits, and even use them to place Instacart orders. Furthermore, they can earn […]
22
May
May
James is contemplating taking out a payday loan from Diane. However, Diane wants him to pay an interest rate which exceeds legal maximum. James can take action against Diane by nullifying his loan contract and recovering double or even triple the usurious interest paid. Laws differ depending on which state banks are in. Banks can […]
22
May
May
Bank of America Unlimited Cash Rewards and Customized Cash Rewards credit cards both provide cardholders with generous cash back rewards. While the Unlimited Card provides a flat rate reward structure, the latter tiers its rewards accordingly. Cardholders may choose between direct deposit to their checking or savings accounts at Bank of America or credit towards […]
22
May
May
No merchant may store your credit card details without your express permission. Credit Card Processing Industry regulations (PCI) forbid retailers from storing any authentication data – like the security code on the back of Visa, MasterCard or American Express cards. Some clerks still write phone numbers and addresses on credit card sales slips as “store […]
22
May
May
Small business owners frequently rely on credit cards for convenience purposes – earning rewards, tracking expenses and providing employees with benefits like travel and rental car coverage. Though it may not be illegal to charge personal items on your business credit card, doing so could violate its cardholder agreement and lead to complications at tax […]
22
May
May
Credit scores have the ability to drastically affect your ability to secure loans or rental homes, open utility accounts, set up cellphone service plans and more. Therefore, it’s vitally important that you monitor and make timely payments on your credit score in order to stay eligible. An outstanding credit score is essential to qualifying for […]