With any trip, even Some travel-focused credit cards know this, and offer benefits for cardholders to wipe out some of those extra travel costs. While you’re not likely to be able to suddenly travel around the globe for free, it never hurts to get a freebie to make up for some of those expenses. Advertisement Of course, there’s a trade-off. Most of the cards that offer reimbursement of some sort also charge annual fees. But as you’ll see from these examples, you might find enough value in the perks to justify the fee. Chase Sapphire Reserve Chase Sapphire Reserve softens the blow of its $450 annual fee by offering a $300 annual travel credit. The card automatically reimburses travel purchases charged to your card. It resets on your card anniversary date. Applicable travel purchases include airlines, hotels, timeshares, car rental agencies, cruise lines, travel agencies, discount travel sites, and campgrounds. In addition, purchases related to travel by train, … [Read more...] about The Credit Cards That Go Beyond Rewards to Cover Travel Costs
When paying the minimum on credit card
Issuance of a credit card marks the entry into the world of credit for most millennials. The journey that starts with a credit card generally peaks when one opts for a home loan, thanks to sky-high home prices. Obtaining a home loan at an attractive rate is a task for many. But they forget that if one uses a credit card prudently, it can help strike a better home loan deal. Here is how it works.Lenders prefer to offer home loans to individuals that have a credit score in excess of 750. This score is not built overnight. If a borrower has been repaying the loan on time, it can help build a credit score over a period of time. Here is how your credit card usage aids in building a credit score and obtain a home loan at an attractive rate of interest.Timely repayment of outstandingCredit cards allow you to access funds without interest for a stipulated period of time, if you pay the entire bill before the due date. “Failure to pay the bill in full attracts interest but also harms … [Read more...] about Here’s how to use your credit card to avail better terms on a home loan
Is there such a thing as having too many credit cards? With so many cards offering enticing rewards and sign-up bonuses, you may be tempted to apply for one or two or more. But if you already have a few credit cards, you might be worried about overdoing it. There really isn’t a magic number of credit cards everyone should have. More credit cards could actually boost your credit score, which is important for getting loans, saving on insurance rates, and even getting a job. Having multiple cards can also be more risky. On the other hand, not having enough credit history can set you back. Here’s what you need to know. Advertisement The total number of credit cards you have doesn’t greatly affect your credit score When the credit bureaus calculate your credit score, the number of credit cards you have is actually only a minor part of the equation. As Investopedia explains [emphasis mine]: Your payment history makes up 35% of your FICO score, while your total … [Read more...] about How Many Credit Cards Should You Have?
Vouch, a so-called “social network for credit” founded by ex-PayPal and ex-Prosper alumni, now has an additional $6 million in Series A funding to continue to grow its business. While there are a number of alternative lending startups on the market today, Vouch’s differentiating factor is that it leverages a person’s social connections in order to determine their credit-worthiness. In addition, these connections can choose to “vouch” for a loan recipient – even agreeing to pay back a portion of the debt if the borrower defaults. New investors in the network include Core Innovation Capital, Data Collective, Stanford StartX Fund and Cooley LLP, and are joined by Vouch’s existing investors, First Round Capital, Greylock, IDG Ventures and AngelList. Combined with an earlier seed round, this brings Vouch’s total raise to date to $9.6 million. Arjan Schütte, Founder and Managing Partner of Core … [Read more...] about Vouch Raises $6 Million Series A For Its Social Network For Credit
We may earn a commission for purchases using our links. Learn more. Shop it up Jared DiPane 20 Nov 2019 0 Black Friday will be here before you know it. There's only 9 more days until this year's biggest shopping day is actually here, but if you aren't already taking advantage of deals that are available right now, you're missing out. We've researched and found some of the absolute best early Walmart Black Friday deals that are live right now. Source: Android Central Knowing where to shop on Black Friday definitely requires some planning and understanding about the benefits of certain retailers. Over the past two or so years, Walmart has made some rather large changes to the way the company handles its online store front, and the outcome has made it far more competitive. From better shipping speeds to a wider variety of products, you'd be silly not to keep an eye on what Walmart is doing for Black Friday and Cyber Monday. Let's take a look at some of the best deals you can … [Read more...] about 11 early Black Friday Walmart deals available right now [Updated]