Winning your war on plastic
How many credit cards do you have in your wallet? And — perhaps a better question — are you taking advantage of them or are they taking advantage of you?
SBI Credit Card.com would like to see more and more consumers learning to take full advantage of all the perks that credit card companies are offering its users these days. It’s only right that if you, as a consumer, are giving them thousands of dollars of business, you should be getting something back too. Credit cards are a great tool for consumers. They offer the convenience and security that is necessary in today’s hectic lifestyles. They are also here to stay and so all consumers need to learn how to best benefit from using them in their daily lives.
Continue reading this post……..
If you enjoyed this post, make sure you subscribe to my RSS feed!
Congress Takes Aim At Pricey Colleges
It’s estimated that 17 million students will arrive at college campuses across the nation this fall. Many will be the target of credit card marketing campaigns designed to get them to sign up for credit cards endorsed by their college, and many students will take lenders up on their offers.
As the saying goes, little kids=little problems, big kids=big problems! As college time approaches, we try to instill as much wisdom and knowledge we can in them, so as to ensure that they will make the best possible decisions for themselves, when we are not there to guide them. It is obvious that we must talk to them and warn them about being responsible when it comes to things like drugs, alcohol, sex, etc., but there is also a topic that not all parents discuss with their children before they send them off to college life.
Continue reading this post……..
If you enjoyed this post, make sure you subscribe to my RSS feed!
Credit card gripes flood Fed
Consumers are filing a record number of comments — mostly complaints — about credit cards with the Federal Reserve, adding momentum to efforts to reform the industry.
SBI Credit Card.com advises all consumers to get their voice heard if they have anything on their minds when it comes to the dealings of the credit card industry. You have until Aug. 4 to weigh in. Already the Fed has heard from a record number of people, the most ever concerning a credit card proposal.
Continue reading this post……..
If you enjoyed this post, make sure you subscribe to my RSS feed!
Take the ‘GMA’ Credit Card Challenge
Americans are addicted to their plastic. Credit cards — those bright, shiny cards with 16 magic numbers that make all your purchases come true — are fast and easy to use.
SBI Credit Card.com - This sounds like a great challenge for all of us who need to get a handle on our credit card spending habits. Credit cards can be just fantastic tools if used in the proper, responsible manner. They are convenient, allowing us to purchase items without having to go to the bank every time. It also gives us a sense of security in that we don’t need to carry wads of cash when we go shopping. It’s a lot easier to keep one credit card secure than many dollar bills. In addition, if lost, credit card can be cancelled without losing any money, if you take timely action. Cash on the other hand, is lost forever. With competition in the credit card industry growing, many cards offer rewards that are just incredible and hard to pass up.
Continue reading this post……..
If you enjoyed this post, make sure you subscribe to my RSS feed!
Credit Cards: The Next Financial Crisis?
With banks limiting home equity lines, gas and food bills on the rise, and homeowners struggling to make their mortgage payments, some Americans are turning to credit cards to make ends meet. Many, however, are finding their cards more expensive to use as credit card companies increasingly raise interest rates, lower credit limits and cancel inactive accounts.
SBI Credit Card advises that the best way for consumers to stay out of credit card turmoil is to stop living beyond their means. Gone are the days when you can whip out your handy credit card when you spot something you really want and worry about paying for it when the bill comes. With the uncertainty in the economy and jobs being lost left and right everyday, consumers must really be sure to have the money in the bank before they decide to use their credit card for any purchase. If you make purchases thinking that the situation may change in a month or two and you’ll be able to come up with the cash, think again! If your financial situation does not turn around by the time the monthly bill arrives, you will be looking at paying who knows how much in interest and for how long. If you already have debt on your plate, compounding it, will land you in a bigger hole.
Continue reading this post……..
If you enjoyed this post, make sure you subscribe to my RSS feed!
Why you should keep track of your credit card limit
A Texas woman says her credit card company allowed her to go way over her limit. She racked up fees and is now deep in debt.
SBI Credit Card advises its readers that as with anything you sign, always read the FINE PRINT! Credit card companies are not obliged to let you know once you have reached your limit or are going over it. If it does happen, you may not know it until you get the monthly statement and have a hefty fee included in it.
Continue reading this post……..
If you enjoyed this post, make sure you subscribe to my RSS feed!
Credit Cards Can Cut Off After $75
Record high gas prices are frustrating enough, but now drivers are facing a new problem at the pump: people who pay with plastic are discovering some pumps just shut off when they hit a certain dollar amount. With gas prices approaching $4 a gallon, more drivers are hitting that limit and not getting a full tank.
SBI Credit Card.com sympathises with merchants and consumers at this time of economic turmoil throughout the United States. Everyone wants to protect themselves from getting “ripped off” in any way and it’s really getting rough out there. With Visa and MasterCard only covering upto $75 of a gas purchase, gas station owners don’t want to be left responsible for anything over that, in case the credit card ends up being stolen or customer has insufficient funds. As a result, customers are seeing more and more gas retailers shutting off the pump after that $75 limit is reached. Continue reading this post……..
If you enjoyed this post, make sure you subscribe to my RSS feed!
Decision at the pump: Cash vs. credit
(CNN) – Gas stations across the country are increasingly offering discounts for fuel purchases made with cash as high oil prices eat into their profits.
With the cost of living going up throughout the United States, consumers and merchants are trying to find any clever way of saving as they can. Americans are forced to save each and every penny they can and that is especially true at the gas pump. As more and more people try to cut down on driving, gas station owners are seeing their profits dwindle.
Continue reading this post……..
If you enjoyed this post, make sure you subscribe to my RSS feed!
Credit Card Overhauls Seem Likely
Consumer advocates say regulation of the credit card industry has long been without teeth. But as card holders struggle under the weight of big balances, high interest rates and fees, their pleas to lawmakers for help may well mean that the industry will face some significant regulation by early next year.
SBI Credit Card.com advises its readers that it seems legislators may get the ball rolling very soon with a complete overhaul of the credit card industry, which has been long overdue. As per the proposed regulations, the Federal Government would take firm control of the credit card industry’s policies and procedures underwhich they have been operating. Continue reading this post……..