The Consumer Financial Protection Bureau has the credit card industry in its crosshairs, and it’s making banks who flout …
Rewards Programs
Your Credit Card Rewards Aren’t Worth As Much As You Think
With issuers dangling bonuses like $100 cash back just for signing up, it can be easy to lose sight of exactly how rewarding (or not) credit card rewards truly are. You may be asking, why should it matter? It’s true that many …
How to Pick a Cash-Back Credit Card
The idea of a credit card that gives you money for spending is pretty appealing, which goes a long way to explaining the enduring popularity of cash-back credit cards. The more you spend, the more you earn.
The Top 5 Flexible Travel Rewards Credit Cards
Memorial Day is right around the corner, and summer vacations are top of mind. How are you going to pay for your trip? Credit card issuers are constantly piling on perks to attract new customers, and those with good credit who …
Groupon’s Reward Program (Appropriately Named ‘Groupon Rewards’) Rolls Out Nationally
Consumers love daily deals for the discounts on restaurants, spas, and other products and services. Merchants, on the other hand, use daily deals in order to draw in new customers—people that the business hopes will turn into …
Citibank Sued For Giving Frequent Flyer Miles That Count as Taxable Income
Citibank customers who earned frequent flyer miles for opening accounts were caught by surprise when the bank labeled the bonus as taxable income. Faced with the prospect of hundreds of dollars in taxes for what they thought were …
The 7 Best Cash-Back Credit Cards
Credit card issuers are still marketing aggressively for new customers, which means consumers — particularly those with good credit scores — have a lot of options if they’re in the market for a new card. Cards with rewards …
Income Taxes On Frequent Flyer Miles?!
We’ve written before about how taxes and fees can turn a “free” flight into one that costs several hundred dollars, but there’s another way your frequent flier miles could cost you: You might have to pay federal income taxes on them.
New Reward Programs Coming to a Card Near You
Traditionally, banks have paid for reward programs with fees they earn elsewhere in their business. But the Credit CARD Act of 2009 and interchange and overdraft fee reform all cut into this revenue. The type of reward program …
