Reward Credit Cards

Latest Citibank ThankYou Rewards Premier Card Offer

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Over at one of my favorite deal news websites, I noticed that Citibank is offering a bunch of bonus points for people who sign up for their ThankYou Premier rewards card as its latest Citi rewards card offer. As regular readers know, I don’t recommend that people go chasing after credit card rewards or applying for new credit cards just to get credit card points or miles. If, on the other hand, you are currently in the market for a new credit card AND you are looking for a rewards credit card, this offer might be interesting. First, off, be sure to read all of the fine print in the credit card agreement as well as my Citibank ThankYou Premier rewards card review. On of the big things you will want to note is that this card comes with a very steep annual fee. That should knock it out of the running for most people, but if you tend to rack up a lot of spending on a card for whatever reason, you might be able to make money by earning more rewards than you pay for the annual fee. Second, although the ad claims that you can get $500 …

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How To Fight Credit Card Company Interest Rate Increases

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With Congress passing legislation to reign in some of the worst credit card abuses, credit card companies have been scrambling to get their terms and conditions, also known as the card contract, changed to terms more favorable to them before the new rules take affect. By changing your credit card agreement before the new credit card law takes affect, these card issuers can avoid having to play fairly as dictated by the new rules. However, this can mean bad things for customers and credit card account holders. Apparently, the banks aren’t concerned about losing business, because they are modifying terms on credit accounts left and right regardless of the person’s credit score or credit history. What can the average credit card customer do to fight back? Unfortunately, not too much, but there are some things that you can do to keep the credit card companies from cheating you out of your hard earned money. Credit Card Interest Rate Increases Under the old law, whenever a bank wanted to increase the interest rate it charged customers, it just sent out a letter saying that they were changing raising the interest rate. Consumers had no rights to do anything about it. The …

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Credit Card Company Tricks and How To Beat Them

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Citibank raised the interest rates for customers with high credit scores who had never missed a payment.  Virtually every credit card company opposed the very tame reforms recently passed into law by Congress.  The sad truth is that is isn’t a matter of if your credit card issuer will try something sneaky, it’s a matter of when, and how bad will it be. While there is always tension between a company that must turn a profit and consumers who want to get as much as possible for the lowest price, with most relationships between a business and consumer there is at least some degree of fairness.  Unfortunately, this is seldom the case for the relationship between credit card company and credit card user.  Instead, in this relationship, the credit card company works hard to hook a customer and then slowly tries to squeeze the maximum profit out of them.  Between absurd fees, sudden contract term changes, and just plain old subterfuge, your credit card company is out to get you if you stop paying attention. Top Credit Card Company Tricks – 0% APR Credit Card Offers While there are many areas the banks that issue credit cards are less than …

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