Credit Card Base

Were almost a month past the holidays, but credit card debt continues to be a nagging reminder of last season’s generous spending. To combat residual debt, many consumers have considered the option to transfer credit card balance amounts onto zero-interest credit cards as a way to avoid excessive interest charges.

January is a high season for credit card promotional offers from companies vying for new business. As a result, credit card holders have an abundant selection of terms to choose from when determining how to pay off credit card debt quickly.

However, before picking-up the phone or sending in a completed credit card application, you should understand the pros and cons of performing a balance transfer, as there are a couple of traps debtors can fall into if not careful.

Why Transfer Credit Card Balance?

Introductory 0% APR balance transfer cards are created as incentive for those with existing credit card debt to move their existing balances onto a new card. O

Full Article…

For those of us that can pay our bills on time, rewards credit cards are a great way to get something for nothing. It feels pretty good to earn airline miles, or cash back, just for making your daily purchases.

However, it takes more effort than you might realize to make sure you’re getting the most reward bang for your buck. In the past year, credit cards have soared in popularity, which means the number of credit card marketing gimmicks has increased right along with it. At NerdWallet, we deal with the best (and worst) of credit cards every day. Here are four credit card marketing tricks we see all the time:

1. Reward Spending Caps

The popular rotating bonus category rewards card, which offers 5% back at several types of retailers that change every three months, is ripe for the spending cap trick. Th

Full Article…

Barclay’s Bank is one of the most trusted names in finance around the world, and now you can enjoy the rewards of doing business with one of the top financial institutions over with the Barclaycard Rewards MasterCard from Barclays.

If you’re looking for a card that provides great rewards for all the things you need, this is the card for you. The Barclaycard Rewards MasterCard offers rewards on all your spending, making it the perfect card for just about every family.

However, when shopping around for a credit card, it’s important to look at all the features before deciding if its the right card for you. In this

Full Article…

When you use your Sears card, it looks like it will still be a Citi card. Citi inked a multi-year renewal of its long-standing U.S. private label credit card agreement with Sears Holdings, which not only covers Sears, but Kmart and Lands End as well. Citi has provided branded payment products to Sears since 2003 and, with this renewal, offers customer purchase processing at over 2,200 Sears branded and affiliated stores and more than 1,300 Kmart stores serving millions of American families and small businesses across the country. This program is among the 90 million consumer and commercial credit card products Citi Retail Partner Cards provides. So sign up today through www.Sears.com!

The month of August has witnessed a 29.1% rise in transactions carried out using credit cards in comparison with the figures for the same month in the fiscal prior to this.

While the total transactions for August 2011 stand at Rs 8,078.98 crore, the amount was Rs Rs 6,259.42 crore in August 2010.

Although transactions using these cards are again on a rise, the number of cards in circulation has seen a dip.

On the contrary, debit cards seem to be increasingly gaining presence as well as acceptance in the world of plastic money.

Transactions using debit cards have seen a 37.3% rise in the month of August this fiscal.

Total transactions for August 2011 stood at Rs 4,560.52 crore from Rs 3,321.09 crore for the same month last fiscal.

Although the days of cheap credit and simply available are far behind us and probably never return, there are signs of life began to appear in the market for credit cards. Considering a large number of cards have been withdrawn in recent years as banks scrambled to rebalance their accounts, some issuers are beginning to seek new customers once again, and began to swing more attractive offers and facilities to attract new companies.

Choose the card to ask depends on what features are most beneficial for your personal situation, but a popular feature is the cash back. Full Article…

Some businesses have decided to stop accepting credit cards due to high processing fees, according to a new report from The Los Angeles Times. In order to avoid pushing the higher fees on to customers by charging more in their stores, merchants have instead chosen to do away with plastic all together.

Credit Card Processing Fees at About 2 Percent

The LA Times article revealed  many businesses are against paying processing fees, also known as interchange fees, for credit card transactions that round out to about 2 percent of each transaction amount.

If a person spends $100, the business will have to hand over $2 to the credit card issuer. While this may not seem like a large amount, over time, these fees can add up.

It’s for this reason that companies as large as John Hancock have decided to stop taking credit card payments. The financ

Full Article…