Have you ever bought something from a website or a store and realized a month later that the exact same thing was being sold elsewhere for much cheaper? That TV you had bought from Best Buy the week before for $600 was selling for $500 on Newegg? In my college days, I hated it every time it happened.
And then I got a credit card, and I’ve never had to feel that way again.
Continue reading 10 reasons to use a credit card – Part 6: price protection
So it’s Halloween, and a cunning elf breaks into your house and steals your Xbox One for his early Christmas gift. You are angry because you just bought it for yourself 3 days ago as your main entertainment through the end of the year. What do you do?
Well, you’d better have used your credit card to buy the Xbox One, because then you’d benefit from purchase protection.
Continue reading 10 reasons to use a credit card- Part 5: purchase protection
It is almost the holiday shopping season, the merriest time of the year for all, and the most profitable time for the retail industry, and I’m sure each of us has our own shopping list for Thanksgiving and Christmas. And every year, millions of dollars’ worth of stuff is returned to stores right after the holidays. If you have a change of heart about a gift you bought and try to return the gift for a refund ….
Continue reading 10 reasons to use your credit card-Part 4: return protection
In this time and age, e-commerce is gradually replacing physical store transaction as the preferred method of shopping. And with this comes the variety of online stores that sell everything under the sun. While reputable sites such as Amazon and Newegg have standard policies regarding product quality and warranty, others are not generous or clear about their policies. Do you trust the store enough to buy from them? What if you pay the money and they never ship the goods? What if you pay for one thing and they ship another? What if the goods come in broken?
Luckily, credit cards provide you with insurance against the undesirable situations.
Continue reading 10 reasons to use your credit card – Part 3: purchase dispute
I decided to make extended warranty the 2nd reason to use a credit card since this is the most applicable and most often overlooked benefit of credit cards.
Every single credit card known to me, and I know hundreds of them, offers free extended warranty on purchases.
Continue reading 10 reasons to use your credit card – Part 2: extended warranty
Update: the recent Home Depot security breach kicked the importance of this up one notch.
Continue reading 10 reasons to use your credit card – Part 1: security
Last week, I featured Bank of America’s BankAmericard Cash Rewards credit card, compiling most relevant information that is more or less public, meaning that you can obtain the information without actually having the card. As an actual cardholder, I have the advantage of knowing exactly what’s inside Bank of America’s online banking system, what other benefits a BofA card offers, as well as the details of the card’s features.
Continue reading Bank of America’s credit cards: an insider’s view
In my first blog post: Personal Finance 101, I explained the benefits that typical credit cards offer. When it comes to choosing a particular credit card to apply for, it’s hard to make a decision sometimes because of the ocean of options available. I’ve put off writing about credit card offers in favor of helping you – my dear readers – build a knowledge base of credit profile and credit cards. However, today is special.
Dear readers, today is the best day to apply for the Discover More, the signature credit card by Discover, one of the largest card issuers in America. Among my credit card portfolio, the Discover More is my favorite, and I’ve had it for just 2 months! If you’re reading this and already have a decent credit history that is longer than 6 months even if you do not have a credit history at all, you should apply for the card. And here’s why: Continue reading Discover More
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