Q and A

To calculate the total cost of a balance transfer including fees, follow these steps: To make this calculation easier, you can use online tools like balance transfer calculators. These tools allow you to input your current balance, interest rate, monthly payment, and the terms of the new balance transfer card to compare costs and potential savings.Remember … Read more

Based on the general industry knowledge, here are the typical balance transfer fees for major banks: When evaluating balance transfer offers, it’s crucial to calculate whether the potential interest savings outweigh the balance transfer fee. In many cases, even with a 3% to 5% fee, a balance transfer can lead to significant savings compared to … Read more

In most cases, using a credit card is a better option for booking flights, especially if you have a travel rewards card. Here’s why: Top Credit Card Picks for Flights: Finding the Perfect Card: By strategically using a travel rewards credit card, you can benefit from convenience, valuable rewards programs, and a variety of perks … Read more

Yes you can! Here are some steps you can take to try and get a lower interest rate on your credit card: Remember: There’s no harm in asking! While negotiating can feel uncomfortable, it can be successful. Here are some additional points to consider: By following these tips and approaching the situation with confidence, you … Read more

No, the PenFed Platinum Rewards credit card does not provide extended warranty protection on your purchases. However, it offers other valuable benefits that might be appealing, such as: Cell Phone Protection – Beginning 1/1/2024, when you pay yourmonthly wireless bill you’ll be protected for the next calendar month if your cell phone is stolen or … Read more

No, the Amazon Store Card doesn’t offer extended warranty protection on your purchases. However, it does come with other benefits that can be valuable, such as: If you’re looking for a credit card with extended warranty coverage, consider options like the Amazon Credit Card or Chase Sapphire Preferred® Card. These cards typically offer extended warranty … Read more

The Amazon Store Card offers a deferred interest period on qualifying purchases. Here’s how it works: Important Tips: For help creating a payment plan to avoid deferred interest charges, you can explore tools like Cardreward’s Credit Card Payoff Calculator.

There are multiple ways to discover your Discover credit card’s interest rate: For future Discover cards you’re considering, you can compare APRs online. Under “Regular APR” on Discover’s website, you’ll see the possible interest rate ranges for each card. Some cards may have introductory 0% APR periods, followed by a standard variable APR. Important to … Read more

Choosing the Right Credit Card for You Picking the best credit card can feel overwhelming with all the options and complicated terms. But don’t worry, by following these steps you’ll be well on your way to finding the perfect card for your needs: Here are some key factors to consider when comparing credit cards: Additional … Read more

Travel for free with Credit Cards Traveling for free (or almost free) is achievable with strategic credit card use. Here’s how to leverage credit cards for significant travel savings: 1. Reap the Bonus: 2. Utilize Travel Credits and Perks: 3. Earn Rewards on Everyday Purchases: 4. Redeem Rewards for Travel: 5. Consider Booking Through Issuer … Read more