Generational Credit Card Habits, Does Age Make a Difference?
All three generations paid down balances and charged less over the past two years, resulting in a decrease in the proportion carrying balances and the balance amount. In addition, all experienced a decline in credit limits and an increase in interest rates. The Millennials, which is the youngest group, had the largest increase in annual fees and credit line changes. The proportion of Millennials paying an annual fee doubled in two years from 13 percent in 2009 to 27 percent in 2011.
Credit cards carried
Baby Boomers carried fewer premium cards (Gold, Platinum, and Silver) in their wallets in 2011 (52 percent), compared to 63 percent in 2007. More of the responders carried Visa than MasterCard – 80 percent compared to 61 percent. D
Should You Seriously Consider A Business Rewards Card?
Politicians love to talk about how small businesses drive the local economy, and if you’re a small business owner, you might be wondering about various rewards programs for your business. A rewards program from a credit card is one great way to get a little something back, but are they really worth the hassle?
As you try to decide if this is the right choice for you, start by considering whether you actually need a card specifically for your business. T
Shopkick
Visa teamed up with the Shopkick company to offer rewards for using your Visa card to make purchases in time for ‘Black Friday.’ Now when you use your registered Visa card online, you can receive Shopkick reward points. The reward points that are offered can then be used at a range of well known stores including Toys R Us, Old Navy and many others. You can register your Visa cards right through the “Shopkick” to quality for your rewards.
Which credit cards are best for international use?
Many individuals use their credit card when they are traveling internationally. However, many credit cards charge a large foreign conversion fee which can cost some individuals hundreds of dollars a year in credit card fees. These fees are added to a customer’s purchase and are due when a customer pays their credit card bill. One credit card company is dedicated to helping their customers use their card internationally as easy as possible.
The Capital One Cash credit card is a MasterCard credit card that charges no foreign currency conversion fee. This card also has easy to setup travel alerts. Consumers are able to utilize their Capital One online account to initiate travel alerts. Travel alerts will ask a customer where they plan on traveling to, the dates they will be traveling as well as an alternate contact number. Th
Top Pick Credit Card Offers for December 2011
We help you save time when comparing credit card offers by bringing you the best of the best deals every month. Now that we’re in December, it’s that time again. And it’s the perfect time to look for a new credit card to help you reach your financial goals in the New Year — such as a money-saving balance transfer.
Here are our top five credit card picks for December.
1. Bank of Melbourne Vertigo Credit Card
Why we love it: The Bank of Melbourne Vertigo credit card features a great balance transfer offer that’s perfect for someone wanting to save on interest while paying down debt in the New Year. You’ll get a very low 0.99% balance transfer rate for your first 12 months — a whole year! Better yet, the card also features a low annual fee of $55 and a low rate on new purchases of just 13.24%.
2. Westpac 55 Day