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Credit Cards From Our Partners

  • Plan a better vacation with a credit card offer (14 comments)
    This article is by editor Linda Vergon.

    The Starwood Preferred Guest® Credit Card from American Express has a new offer available now that could help you plan a bigger, better summer vacation if you act quickly. This card was recently given a 2016 CardRating’s Editor’s Choice award as one of the best travel credit cards available. (CardRatings.com is one of our partner sites.) Turn regular purchases into vacation perks New cardholders that make $3,000…

  • How to use credit cards wisely (53 comments)
    This article is by GRS contributor William Cowie.

    Fire can be one of the most destructive forces on earth, and yet some say civilization began when we figured out how to harness its power. Credit cards are the same. Ask any long-time reader of Get Rich Slowly if credit cards are good for anything, and you might get a response like: “They’re to be ripped up and burned in an atmosphere-polluting bonfire of relief!”…

  • How to use a balance transfer card for holiday debt (28 comments)

    Have you received your credit card bill for December yet? If so, you’re not the only one. As this Federal Reserve Board chart shows, Americans accumulate about $30 billion in credit card debt in the last quarter every year – and then attempt to pay it off in the first quarter of the New Year. The problem is they rarely succeed at paying off the entire balance. By the end of the first quarter every…

  • 8 ways credit cards may cost you more than they should (21 comments)
    This article is by staff writer Richard Barrington.

    You pay for convenience. That’s the simple reality of economics. Having a cab — or even an Ubermobile — pick you up is more expensive than catching a bus. Eating out costs more than making a meal yourself. So, when you consider the tremendous convenience credit cards offer, it should be no surprise that consumers end up paying a hefty price to add convenience to their…

  • Ever used a zero-percent credit card offer to make a purchase? (38 comments)
    This article is by staff writer Ryan Takach.

    Imagine a scenario where you’ve got the money to make a large discretionary purchase and you’re given the option to finance it through the retailer at interest or open a credit card with an introductory zero interest rate. What would you do — pay cash or just finance it? Note: See also How to Choose a Credit Card for tips on finding the right credit card…

  • Act fast for double cash back rewards from Discover (14 comments)

    This article is by Curtis Arnold, CardRatings.com editor-in-chief. It’s not often that a credit card company offers to double its usual rewards on a range of its plastic for an entire year — but that’s precisely what Discover is doing for new customers with its current limited-time offer. Note: See also How to Choose a Credit Card for tips on finding the right credit card for you. Our partner site CardRatings.com also has articles to…

  • Alternatives to the multi-generational survival tool (32 comments)
    This is a guest post from former GRS staff writer Donna Freedman.

    A whole lotta folks are way too comfortable with credit card debt, according to the “Generations Apart” study from Allianz Life. Nearly half of the Generation Xers and Baby Boomers surveyed consider plastic to be “a financial survival tool.” Guys, guys, guys: The credit card is not a superhero. Sure, one swipe saves the day, but it’s only that day. What will…

  • How we saved big with a balance transfer (18 comments)
    This article is by staff writer Holly Johnson.

    When my husband and I started dating in 2004, he moved across the country to go back to school and live closer to me. Yep, much to our surprise {insert sarcasm here}, his bachelor’s degree in theater arts hadn’t helped him land his dream job. Therefore, he decided to do something different instead and chose to pursue a bachelor’s degree in mortuary science. As it is…

  • How to dispute credit card charges (13 comments)
    This article is by staff writer Holly Johnson.

    According to a 2013 Nilson report, credit and debit card fraud were the cause of over $11.2 billion in losses in 2012. And if you think that sounds bad, just wait; it’s expected to get much worse. As USA Today reported last year, hackers and scammers have turned stealing credit card numbers into an art form. By focusing on major retailers such as P.F. Chang’s, Target, and…

  • Best way to redeem travel points: Why hoarding points is a bad investment (17 comments)
    This article is by staff writer Holly Johnson.

    For most people, pursuing credit card rewards is a game of cat and mouse. You keep a watchful eye on your credit score, seek out the best offers, and strike when the iron is hot. But that is just one component of the hobby; the other part of the equation is that it can be extremely exciting to watch your point balances climb. Obviously, the more…

  • Is living without credit cards the best way to stay out of debt? (50 comments)

    This article is by staff writer Holly Johnson. Americans might be more responsible now than they were in the early 2000s when it comes to the use of credit. At least, that’s what the evidence from a Gallup poll taken earlier this year seems to suggest. Note: See also How to Choose a Credit Card for tips on finding the right credit card for you. Our partner site CardRatings.com also has articles to help you…

  • Ask the Readers: What’s your embarrassing money moment? (49 comments)

    This article is by staff writer April Dykman. A few weeks ago, I had an embarrassing money moment. I was in a checkout lane. The cashier had just scanned several heavy boxes that held my to-be-assembled bookshelf, and my debit card was declined. Note: See also How to Choose a Credit Card for tips on finding the right credit card for you. Our partner site CardRatings.com also has articles to help you find the right…

  • No, credit cards are not evil (87 comments)

    This article is by staff writer Holly Johnson. A little over a month ago, my husband and I were getting ready for a five-night trip to Jamaica. And as usual, we went to great lengths to budget for anything and everything. For starters, all but $97 of our airfare was paid with points I earned with my Chase Ink Bold Business Card, and that expense was taken care of months before. The fact that we…

  • 5 signs you might be a credit junkie (17 comments)

    This guest article was written by Beverly Harzog. Beverly is a nationally recognized credit card expert, consumer advocate, and author of Confessions of a Credit Junkie: Everything You Need to Know to Avoid the Mistakes I Made (Career Press, November 2013). She runs a popular credit card blog on her website, www.BeverlyHarzog.com. She’s appeared on Fox News, ABC News Now, CNN Newsource, and is a frequent guest on syndicated radio shows across the country, including ABC…

  • Redeeming your credit card rewards — what do you do with them? (51 comments)

    This post is from staff writer Kristin Wong. I recently came across an interesting statistic. According to a poll from Harris Interactive, 41 percent of people rarely or never redeem their credit card rewards. It almost hurts to know all of those rewards are going to waste. A more recent study found that 73 percent of Americans are enrolled in rewards programs but have no idea how many points they have. Note: See also How…

  • Your credit score and credit card rewards: 10 tips (30 comments)

    This is the second post from Hilary Stockton, who is the founder of TravelSort, which helps savvy travelers earn millions of miles without flying, redeem them for first-class flights, and stay in luxury hotels at wholesale prices. Follow her on Twitter @TravelSort. I often get asked about the impact on one’s credit score of churning or signing up for multiple rewards credit cards, especially by those new to earning a million or more frequent flyer miles and points via…

  • Ask the Readers: Would you give a child a credit card? (126 comments)

    I’m personally a proponent of making teenagers authorized users on credit cards. My thinking is that it gives the parent the opportunity to teach their kids about managing credit while they’re at home and how to read a credit card statement (explain what the different interest rates mean, how fees are applied, etc.) while starting to build a credit file for their children. Of course, I don’t have kids, so I have never had to…

  • 8 reasons you should throw away your cash-back credit card if you love to travel (42 comments)

    This reader post is from Hilary Stockton, who is the founder of TravelSort, which helps savvy travelers earn millions of miles without flying, redeem them for first-class flights, and stay in luxury hotels at wholesale prices. Follow her on Twitter @TravelSort. My husband and I used to think we were savvy, using a cash-back credit card for most of our spending. But given how much we enjoy international and luxury travel, it was actually a huge mistake….

  • 6 financial products that made the nice list (and 6 that didn’t) (38 comments)

    How great would it be if you could get a better return on your savings? What if you could get a rate 300 times higher? Of course that’d be great! Who doesn’t want more money? But if you just opened a money market account with the local big bank branch, or you signed up for a credit card to get the free T-shirt, you might be leaving money on the table or paying sky-high fees….

  • Ask the Readers: Which Credit Cards Do You Use? (237 comments)

    Though I steer clear of writing about credit cards at Get Rich Slowly, I use them all the time. I used to be an anti-credit card zealot. Because irresponsible use of credit cards had led me to tens of thousands of dollars in consumer debt, I thought they couldn’t possibly be used for good. My attitude toward credit cards has changed over the years. Note: See also How to Choose a Credit Card for tips…

  • Building Your Credit Score: Are Credit Cards Your Best Option? (95 comments)

    This post is by staff writer Tim Sullivan. I recently had dinner with my friend and fellow 20-something, Gwynn. When the check came, I put down plastic; she put down cash. The following conversation followed: Note: See also How to Choose a Credit Card for tips on finding the right credit card for you. Our partner site CardRatings.com also has articles to help you find the right card be it a cash back credit card…

  • No balance transfer fee credit card: Slate® from Chase (41 comments)

    [Editorial note: This offer was last updated on July 13, 2016.] Occasionally, Get Rich Slowly will feature reviews that alert you to new product offerings in which you may be interested. While we haven’t covered a specific credit card offer in a while, this afternoon we’re alerting you to an offer by Slate® from Chase because you can save with a $0 introductory balance transfer fee, a 0% introductory APR for 15 months on purchases…

  • How I Got Suckered into Opening a Store Credit Card (154 comments)

    This post is from staff writer April Dykman. Remember, dear readers, when I warned you about store credit cards last year? I told you about a study that found that 35 major New York City stores had an average interest rate of 23.83% on store cards, when the national average APR for a regular credit card was at 14.78%. (Radio Shack had the worst rate at 28.99% APR, with Best Buy and Staples falling closely…

  • Free Round-Trip Tickets with British Airways Card (or, J.D. Discovers Travel Hacking) (103 comments)

    Yesterday, I met with a group of local Portland bloggers to plan for world domination. Over the past year, we’ve met regularly to organize an upcoming conference for readers of Chris Guillebeau’s The Art of Non-Conformity. Usually our conversation is focused on gift bags and tour groups and the absolute racket that is event catering. ($15 cups of coffee? Give me that job, please. I could get rich quickly.) Somehow last night, the discussion turned…

  • The Dangers of Store Credit Cards (58 comments)

    This post is from staff writer April Dykman. When I was a freshman in college, I did two very bad things (ahem — two bad things related to personal finance). Note: See also How to Choose a Credit Card for tips on finding the right credit card for you. Our partner site CardRatings.com also has articles to help you find the right card be it a cash back credit card or balance transfer credit card….

  • Ask the Readers: How to Negotiate with Credit-Card Companies? (56 comments)

    A reader calling herself Florida Girl dropped a line recently to share her story of financial woe. Though she’s beginning to get a handle on her finances, she’s struggling to cope with the cost of her past choices. She needs help. I’m struggling to keep up with the minimum payments on my credit cards. Unfortunately, I’m paying for past mistakes. I no longer shop and spend recklessly, but the aftermath of my past life left…

  • 5 Habits of Highly-Effective Credit Card Users (71 comments)

    This is a guest post from Beverly Harzog, who writes about credit cards and personal finance at Card Ratings. Harzog is the co-author of The Complete Idiot’s Guide to Person-to-Person Lending. When I was in my early twenties, I was a credit card mess. I’d go shopping with my credit card in hand and not worry about how much I spent until the bill came. At that point, though, I’d start worrying a great deal…

  • Are Discounts Coming for Paying in Cash? (64 comments)

    This post is from GRS staff writer April Dykman. A couple of weeks ago, J.D. highlighted research that showed that rewards cards cost the poor (in higher prices overall) and benefit the rich (who are more likely to use the cards). But what if retailers offered you a discount if you paid in cash? Note: See also How to Choose a Credit Card for tips on finding the right credit card for you. Our partner…

  • How to Use a Credit Card (Without Going Into Debt) (62 comments)

    Last Friday, we had a great discussion about the socio-economic implications of credit-card rewards programs (or lack of implications, depending on your viewpoint). The conversation wasn’t nearly as tedious as my description makes it sound. In response to that article, Califia e-mailed: Note: See also How to Choose a Credit Card for tips on finding the right credit card for you. Our partner site CardRatings.com also has articles to help you find the right card…

  • Do Credit Cards Take from the Poor and Give to the Rich? (148 comments)

    My philosophy on credit cards has changed completely in the last five years. I’ve gone from anti-credit-card to pro-credit-card — but only for those who can use them responsibly. I think they’re a great convenience, and I like getting cash back when I use mine. But not everyone thinks this cash-back feature is a good thing. In fact, my inbox is a-flutter with folks who want me to comment on the recent credit-card study from…

  • Suze Orman Jumps Aboard the “Pay With Cash” Bandwagon (188 comments)

    This article is by staff writer Adam Baker. Baker recently listed the Top 10 Money Movies of the Decade. For years now, Dave Ramsey has recommended ditching credit cards and paying with cash. (Specifically, Ramsey advocates the use of an envelope budgeting system.) In fact, this anti-credit card stance is one of the biggest problems critics have with his philosophy; they often point out that “responsible” credit card use would yield a higher credit score….

  • How to Establish a Credit History Without Losing Your Shirt (45 comments)

    This is a guest post from Adam Jusko, founder of IndexCreditCards.com, an information and comparison site for credit cards that maintains a list of over 1200 cards. You can follow Adam on Twitter for quick credit tips and opinions. I’ve previously featured IndexCreditCards as “The Only Credit Card Guide You’ll Ever Need” as a source for credit card offers Note: See also How to Choose a Credit Card for tips on finding the right credit…

  • A Call from Capital One (79 comments)

    I don’t often post follow-ups to previous articles, especially after just a few days. But following Tuesday’s post on two-cycle billing, a couple of things happened that deserve mention. Understanding Grace Periods Several readers suggested that what I experienced was not two-cycle billing but the lack of a grace period. Special thanks especially to Kitty, who linked to the American Express document on understanding grace periods. Kitty wrote: Note: See also How to Choose a…

  • Should You Write ‘SEE ID’ or Sign Your Credit Cards? (153 comments)

    Last week I had lunch with Hardy, a Get Rich Slowly reader here in Portland. We chatted about life (and personal finance) over burgers and fries. He generously offered to pay the bill. When the waitress returned with the credit card slip, she asked to see his driver license. “What was that all about?” I asked. Note: See also How to Choose a Credit Card for tips on finding the right credit card for you….

  • Want to See Your Credit Report for Free? FreeCreditReport.com vs. AnnualCreditReport.com (50 comments)

    Mark Frauenfelder (founder of the awesome Boing Boing) has a piece at PC.com that asks: When is a free credit report not a free credit report? The answer, of course, is: When it comes from FreeCreditReport.com. FreeCreditReport.com, which has raised the ire of many, does allow people to look at their credit reports free for seven days, but then automatically enrolls users into a $15/month credit monitoring service. This last fact is a problem. Frauenfelder…

  • How to Dispute Credit Card Charges (37 comments)

    In yesterday’s USA Today, Kathy Chu offered tips to help consumers with disputes on credit card charges. This is a nice companion piece to this morning’s GRS post about thwarting credit-card company tricks. “No industry statistics are available about how often such disputes are won by consumers,” Chu writes. “But to maximize their chances, consumers should know how to navigate the maze of rules governing credit card disputes.” She shares five ways to increase your…

  • 5 Credit Card Company Tricks — and How to Thwart Them (56 comments)

    This is a guest post from Justin McHenry, president of Index Credit Cards, a credit card comparison and information site. Index Credit Cards was named “most comprehensive” by Reader’s Digest in its October 2008 issue, and regularly cited by both old and new media. True or False? Credit card companies lure you in with big promises, but bury the nasty stuff in fine print. Note: See also How to Choose a Credit Card for tips…

  • Credit Card Companies Are Closing Unused Accounts (90 comments)

    Several GRS readers have written lately with the same credit card problem — but not the one you’d expect. Perhaps in an effort to cut costs, credit card companies are beginning to close their customers’ unused accounts. Nicole shared a typical experience: I’m 26 and have a solid 8-year credit history. Despite really wanting to get rid of some of my old credit cards that I never use, I’ve held on to the accounts since…

  • Like a Drug: Suze Orman on Credit Cards (42 comments)

    I recently participated in a conference call with Suze Orman, who is working to promote Best Life Week. This series runs on The Oprah Winfrey Show all this week, and is intended to help viewers “jumpstart 2009 and make it the best year ever!” Hyperbole aside, it was great to have a chance to speak with Suze Orman, who will be sharing money tips with Oprah viewers this Thursday. I tried to ask her about…

  • 10 Aggressive Tactics to Turn the Tables on Credit Card Companies (56 comments)

    This is a guest post from Katrina Ramser, a freelance writer who contributes to various websites, newspapers and magazines. She also writes about swimming at SquidKid. Did you know an average of six credit card offers are sent to each American household in typical month? That’s five billion advertisements a year. If you had a company where one-third of your profits came from penalty and non-penalty late fees alone, you too would be able to…

  • Research Reveals Credit Cards Encourage Spending (61 comments)

    Conventional wisdom says that people spend more when they use credit than when they use cash. But is it true? In The Money Answer Book, Dave Ramsey writes: When you pay in cash, you can “feel” the money leaving you. This is not true with credit cards. Flipping a card up on a counter registers nothing emotionally. If you use plastic instead of cash you will spend 12 percent to 18 percent more. This is…

  • How and When to Cancel a Credit Card (80 comments)

    Update: After feedback from readers, I’ve made some clarifications to this post. My recommendations have not changed, but I’ve tried to emphasize the effect closing a credit card can have on your credit score. My recent two-part series on responsible credit card use (Five essential credit card skills and How to choose a credit card) prompted several readers to ask the same question: What’s the best way to cancel credit cards in order to minimize…

  • How to Choose a Credit Card (63 comments)

    A credit card can be a useful tool or it can be a dangerous weapon. Most of this depends on you — the best credit card in the world won’t help if you spend beyond your means. American adults carry thousands of dollars in average credit card debt. I lived a decade mired in it and I don’t recommend it to anyone. If you’re responsible, however, a credit card can be both convenient and efficient….

  • Credit Card Basics: Five Essential Skills for Mastering Plastic (43 comments)

    The latest issue of Consumer Reports (October 2008) has an article about the new credit card jungle. The faltering economy and the ongoing mortgage crisis may be affecting your credit cards; issuers are raising rates, changing terms, and lowering credit limits. The magazine notes: “Now is an essential time to do a credit-card checkup to make sure your accounts haven’t changed for the worse.” I like the idea of a credit-card checkup, but I don’t…

  • A Six-Year-Old with a Credit Card (50 comments)

    I hate junk mail. As a test once, I signed up for a subscription to Entertainment Weekly using the name of our cat, Simon. Sure enough, Simon started to receive his very own junk mail — not that he could read it. When we moved in 2004, Simon stopped receiving mail. Note: See also How to Choose a Credit Card for tips on finding the right credit card for you. Our partner site CardRatings.com also…

  • How Those Evil Credit Cards Can Be Good for You (96 comments)

    This guest post from Justin McHenry is sure to be controversial. Though I just spent three weeks using a credit card while on vacation, I’m still wary of them. McHenry has some thoughts for people like me. When people ask me what I do and I tell them I run a credit card comparison site, they generally look away, as if I’ve just said I’m a pimp. Or a crack dealer. Or a crack-dealing pimp….

  • They’ll Give a Credit Card to Anyone These Days (38 comments)

    Because of Opt-Out Prescreen, I no longer get credit card offers at home. From time-to-time, though, I get them at work. A few weeks ago, I received an offer that puzzles me: Note: See also How to Choose a Credit Card for tips on finding the right credit card for you. Our partner site CardRatings.com also has articles to help you find the right card be it a cash back credit card or balance transfer…

  • The Secret History of the Credit Card (9 comments)

    How did the United States become a nation of debtors? When did credit cards become popular? Did you know that many modern credit card policies are the creation of one man? The Secret History of the Credit Card was a 2004 “Frontline” presentation from the Public Broadcasting System. The program examines the nation’s use of credit and, more specifically, the methods used by credit card companies to obtain enormous profits. The Secret History of the…

  • Is it Safe to Pay Bills with a Credit Card? (1 comment)

    Here’s an interesting money question from AskMetafilter: What are the potential downsides to using a credit card to pay my monthly bills, assuming I pay off the balance every month? I currently pay all my bills from my checking account and have recently thought about getting a credit card with some kind of rewards for this purpose instead. I won’t be carrying a balance on the card; I just want to try and get something…

  • How Many Credit Cards Should You Carry? (16 comments)

    An AskMetafilter user wonders: How many credit cards do typical people have? For various reasons I have four credit cards. I always thought of this as too many, but haven’t cancelled mine since the crappiest one is also the oldest, and has no fee, and I want to maintain the age of the card on my credit report. Most people I know have one or two cards. But reading online forums on credit, I see…

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