There is a ton of information about credit cards on the internet. It is sometimes difficult to read and understand the terms of agreement that come with credit cards. Most of them are basic and are intended to protect the credit card companies.
The credit card agreement is a contract that allows the credit card issuers to charge off the account (write off the credit card debt) for non payment, transfer or sell the card to another bank or card issuer, change the terms and conditions, as well as sue you for default or breach of contract.
The video below helps explain financial terms to help you understand better how your credit cards and other loan products work.
Welcome to Basic Credit Card Stuff. This site provides tips and techniques for consumers in order to help understand credit cards based on my own experiences. If you have questions not covered in Basic Credit Card Stuff, please feel free to post a question in the comment section and I will email you in confidence.
Sunday, February 1, 2009
Monday, December 1, 2008
Basic credit cards with rewards
One of the great thing about some credit cards are their rewards features. I have actually cashed in on many great rewards without changing my spending habits. Everything I would normally buy or pay for cash such as gas, utilities, groceries, I would just used my rewards credit card to build points.
So what have I been able to get for free from these rewards programs. I have received gift cards for BestBuy and was able to buy a laptop for free. I have also received gift cards for Apple Itunes, Starbucks, and other stores I shop at. I have also received 2 sets of travel luggage, airplane tickets, and hotel stays.
I think that is pretty amazing. I do use Discover too and usually just get cash when I get to a certain thresh hold. Planning is important when using your rewards credit cards. Discover is one of the cards that will increase their bonus points every 3 months into categories. Just check out their site in the rewards program and you will know what I mean.
So what have I been able to get for free from these rewards programs. I have received gift cards for BestBuy and was able to buy a laptop for free. I have also received gift cards for Apple Itunes, Starbucks, and other stores I shop at. I have also received 2 sets of travel luggage, airplane tickets, and hotel stays.
I think that is pretty amazing. I do use Discover too and usually just get cash when I get to a certain thresh hold. Planning is important when using your rewards credit cards. Discover is one of the cards that will increase their bonus points every 3 months into categories. Just check out their site in the rewards program and you will know what I mean.
Subscribe to:
Posts (Atom)