Rewards Programs Are Getting Tighter With Their Payouts

It would seem that we are now seeing yet another effect of the current credit crisis in America. Credit card issuers are becoming ever more stingy when it comes to paying out on their rewards programs. There is a great deal of pressure on card issuers to reduce costs and one way to do so [...]

Consumers Are Turning To Rewards Credit Cards

With consumers feeling the pinch of bad economic times, people are turning to rewards credit cards more and more in an attempt to stretch their spending dollars while riding out the current recession. A recent Standard & Poor’s survey indicates that many Americans are specifically using their rewards credit cards when purchasing necessities such as [...]

Annual Percentage Rates, Periodic Rates and Variable Rates Explained

The annual percentage rate (APR) on your credit card account determines how much the credit that has been extended to you will cost over the course of a year if the balance is not paid in full before the end of the grace period. Annual percentage rate, when looked at from another perspective, will tell [...]