Credit Cards Tips for You

Discover has two travel reward credit cards – Escape and Miles. Both cards have a 0% introductory interest rate on purchases and balance transfers. They also have the same APR range, based on your credit history. Miles is cheaper, with no annual fee. But Escape lets you earn more reward miles. Check out reviews of both credit cards to decide if either is right for you.

Secure Application CREDITSHOUT RATING: ExcellentVS Secure Application CREDITSHOUT RATING: Very Good

If you are in the market for a rewards credit card, you’ve probably heard of the Capital One Venture Rewards Card and the Chase Sapphire® Preferred Card. Each has plenty of strong benefits to offer. However, as you probably don’t want to overload your wallet with plastic, you probably want to know which is better? Let’s find out!

Bonus Points

The Chase Sapphire Preferred card comes with double the amount of bonus points that Capital One offers. With the Sapphire Preferred card, you’ll receive 50,000 bonus points if you spend at least $3,000 within the first three months. With Capital One’s offer, you’ll receive 25,000 bonus miles after spending at least $1,000 within the first three months.

Basically, if you intend to spend at least $3,000 over three months – something that most people do – then Chase offers a must better upfront bonus.

Purchase Rew Read more…

When a shopping experience goes wrong – a retailer goes bust or disappears without delivering your goods – it can pay to have paid on plastic. Purchases made on credit cards and debit cards have protections that are not available if you pay with cash. These apply whether the purchases are goods or services.

Photograph: Alan Schein Photography

If you have a problem with a purchase made by credit card or via a credit agreement offered by a retailer, you may be protected under section 75 of the Consumer Credit Act. This makes the credit provider jointly liable with the retailer for anything you buy, provided the item costs between £100 and £30,000.

The protection covers undelivered and faulty goods, and services such as flights, if the retailer goes out of business or disappears. It ap

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Chase unveiled a revised summary guide for Chase Total Checking that makes its terms and conditions easier to understand for consumers. Chase collaborated with the Pew Health Group’s Safe Checking in the Electronic Age Project to develop a simple disclosure form that uses everyday words in a consumer-friendly format. Consumers can now more plainly see a description of fees and services, how to avoid certain fees, when deposits are available, and the order in which withdrawals and deposits are processed. Chase also is eliminating account closing fees to simplify and enhance the customer experience.

Ever wonder what a credit card thief gets for his troubles? The answer is $3.50.

A European hacker nicknamed Poxxie hacked into the computer network of a US company and stole 1,400 credit card numbers. He then sold them for $3.50 on his own website.

Poxxie sold the numbers to buyers who now trust the quality of his products – AKA stolen card numbers. Ironically, he stated, “The main thing in any business is honesty.” I don’t know about you, but stealing credit card numbers doesn’t seem honest to me!

Sadly, this isn’t the only such case out there – not by a long shot. Other hackers perform similar activities on a routine basis. Credit card theft alone has become a $100 plus billion dollar per year industry. Let’s take a look at some of the stats in the high-stakes business of credit card theft.

Amount of Card Numbers Stolen Annually

It is estimated that thieves steal 8.4 million credit card numbers in the US each year. Many do so on Amazon.com.

Other sites, like Poxxie’s, allow customers to shop by card type, credit limit, bank and zip code. Think of them as

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