Credit Cards

Best Credit Cards of 2014

At The Simple Dollar, one of our goals is to provide you with the most comprehensive and useful credit card information available on the Internet. Our research started with over 1,600 different credit cards. We collected data on all the best credit cards, organized the cards by type, and then ranked each card based on …

Categories: Credit Cards

The Best Credit Cards for Bad Credit

If your credit is less than perfect, you’ll have a more difficult time obtaining and using a credit card. The flip side is that responsible use of a credit card is a fantastic way to rebuild your credit score. Even with bad credit, you have some great options to start rebuilding your financial future. The …

Categories: Credit Cards

Credit Card Interest Typically Compounds Daily – Here’s How to Take Advantage of That

A few weeks ago, I posted an article on the idea of interest that accrues daily. Here’s a brief explanation; check out the full post for more details: Some banks will accrue interest daily. Some even accrue it continuously. Rest assured, the more often a bank accrues interest on your debt, the worse it is …

Categories: Credit Cards, Debt

Best Business Credit Cards of 2014

You don’t need to have 1,000 employees and a mahogany-walled board room to reap the rewards from business credit cards this year. Small businesses with few employees, sole proprietors, and independent contractors can all use business credit cards to manage cash flow and earn rewards on their spending. In fact, even if you don’t have …

Categories: Credit Cards

Can “Churning” Credit Cards Really Work?

There are a lot of credit card offers out there that reward you for signing up by giving you a bunch of frequent flyer miles, hotel discounts, or big gift certificates. If you weren’t particularly worried about your credit in the short term, wouldn’t it make sense to sign up for a bunch of these, …

Categories: Credit Cards

Best Prepaid Debit Cards of 2014

Finding the best prepaid debit card was once a task traditionally reserved for people who had trouble opening a bank account. Today, prepaid debit cards are becoming much more versatile. Many families and college students are regularly using them to manage their finances. If you have poor credit and can’t get a credit card, for …

Best Travel Credit Card for 2014

A great way to come up with some extra savings on airfare, hotels, and general travel is to find the best travel rewards credit card and cash in on lucrative points bonuses that many of these cards offer. As my wife and I were looking at our schedules and budgeting for a vacation, I thought …

Best Balance Transfer Credit Cards of 2014

Finding the best balance transfer credit card for your situation can be the key to transitioning your debt to a card that allows you to pay off your balance without penalty over time. If you have decent credit and something unexpected has led to a big credit card balance, you’re in the right place. The …

Six Tactics for Handling Piles of Credit Card Debt

This article first appeared at U.S. News and World Report Money. A lot of American families have a lot of credit card debt. The average U.S. household credit card debt is $15,270. That’s almost a third of the annual median household income in the United States. On top of that, 72% of Americans are living …

Categories: Credit Cards

Best Credit Cards for Students in 2014

The best credit cards for college students hold two major advantages over other sources of funding used to pay for college expenses: Student credit cards help students establish credit. Student credit cards teach valuable lessons on managing personal finances. What happens if you don’t establish any sort of credit at a young age? Well, imagine …

Barclaycard Review: Arrival™ World MasterCard® Annual Fee vs. No Annual Fee

The Barclaycard Arrival™ World MasterCard® is hands-down one of the best credit cards around, but there’s a lot of curiosity and confusion around which is the more valuable of the two: the Barclaycard Arrival Plus™ World Elite MasterCard® (with an $89 Annual Fee) vs. the Barclaycard Arrival™ World MasterCard® (with No Annual Fee). With the …

The Best Hotel Credit Cards of 2014

In Part 4 of this series, I’m writing about the best hotel credit cards. If you missed the other parts, I already covered the best all-around rewards credit cards, airline credit cards, and the top cash back credit cards. Before I get into which hotel cards are the best, I want to make a few …

Best Cash Back Credit Cards of 2014

The best cash back credit cards help you take advantage of extremely high rewards rates within designated or rotating categories. That means the best way to capitalize is to find a cash back card where the rewards appropriately match your spending habits. Cash back is a type of rewards credit card and generally some of …

The Best Airline Credit Cards of 2014

The best airline credit cards can offer you great sign-up bonuses and the ability to earn air miles in your frequent flier program to put towards free flights. Some airline credit cards offer additional perks and benefits, like companion fares, priority boarding, and free bags. These cards are great for specific purchases on one airline, …

Best Rewards Credit Cards of 2014

Rewards credit cards come in various types, such as cash back, airline, travel, hotel, and brand loyalty cards. Given the sheer number of credit cards (thousands), picking one is a matter of personal preference in many cases. The best rewards credit card ultimately depends on your spending habits. In order to capitalize on rewards, you …

Four Free Helpful Online Credit Resources That I Actually Use (Or Highly Recommend)

Sometimes, it seems like you can scarcely turn on your television or radio or web browser without seeing someone offering you a great solution to your credit woes or proper protection against credit worries. Pretty much anything involving the word “credit” is a hot commodity. There are thousands of businesses out there who want to …

Some Thoughts on Store-Specific Credit Cards

You can barely visit a chain store these days without being offered a credit card associated with that store. From Wal-Mart and Best Buy to Target and JC Penney (and countless others), offering credit has become a big part of the business for many retailers. The usual advice for store-specific credit cards is to avoid …

Credit Cards and Annual Fees

As I’ve mentioned before on The Simple Dollar, I’m a believer in the healthy use of credit cards. As long as you keep your balance low and pay it off in full every month, I view credit cards as being almost entirely positive. They help your credit. Many cards provide discounts and other bonuses. They …

Categories: Credit Cards

Reader Tip Tuesday #4

A little late, but a good one! Here’s this week’s Reader Tip Tuesday. Once you’ve gotten into dangerous waters with a credit card, it’s tempting to swear off of plastic entirely. But before you do, it’s important to understand know that there are plenty of ways to use credit cards to avoid and get out …