Yahoo Finance has the news, “AmEx paying card holders to close their accounts“. What an odd thing. Certainly, a sign of our times. American Express Co is apparently offering a limited number of card holders $300 if they will pay off their balances and then close their American Express accounts. So, if you’ve got an …
Category Archives: Credit Card Tips
The Schumer Box
Many credit card customers tend to dislike credit card companies. By raising interest rates and increasing fees at will, credit card companies have all the power in the relationship they have with credit card customers who use credit cards. Much of the news about credit card company behavior shows them as excessively one-sided and selfish. …
Schedule Automatic Credit Card Payments
How do you avoid making late fees on your credit card accounts? Make credit card payments on time.
Credit Card Convenience Checks
You have probably received credit card “convenience” checks without requesting them. They may have arrived with your monthly statement. Or maybe they arrived all by themselves before school starts, before Christmas or anytime your credit card issuer wants to generate additional revenue. And they probably came with an enticing, inviting letter containing a compliment similar …
Paying Your Credit Card Bill Online
Paying your credit card bill online is actually a good thing for most credit card users. First, remember a late payment dings your credit score. Mail travels at varying speeds and even gets lost. (Though I don’t believe this happens as often as credit card companies hear this as an excuse.) Online credit card payments …
It’s Really a Debt Card
The term “Credit Card” begs a question: why is it not called a “Debt Card”. It was a brilliant marketing move to avoid calling them what they really are: Debt Cards. Here’s an idea that you might find helpful. The next time you take out a credit card, look at it and think to yourself …
Best Credit Card Practices
Credit cards are like fire. Use them wisely and you have a tool that enhances your ability to accomplish things. Use them unwisely, and like those who play with fire, you’ll get burned.
Your Monthly Credit Card Question
If you pay your credit card at least monthly as most credit card agreements require, there’s one more thing you should do each month if the interest rate on the account seems too high: Ask for it to be lowered.
