Category: Credit Cards

Article Summary: You can build up your credit score even at a young age by becoming an authorized user or getting a secured credit card or credit builder loan. However, you can’t get a great score just by opening accounts. You’ll have to continue building your credit by making timely payments and maintaining a balanced […]

Article Summary Available credit is different than your credit limit. It consists of the amount left to spend on your credit card (or cards) after you subtract the balance, and it is a key factor in determining your FICO credit score. You should try to maintain a high percentage of available credit in order to […]

Article Summary: Metal credit cards are practically indestructible. Hey, that’s one of the reasons they are so popular. But when it’s expired or you’re getting a replacement card, metal cards can be a pain to destroy. Giving the old card to your branch or cutting it with the proper tools are some of the best […]

Article Summary: Changing the name on your credit cards is no big deal, but because each credit card issuer has a different process for making the name change, it can take some time. Plus, the whole name change process in general can be somewhat lengthy. For instance, you probably won’t be allowed to change the […]

Article Summary: Card swiping scamming, also known as card skimming, is a common way that thieves steal your card information. This occurs when you swipe your debit card or credit card through a skimming device and it captures your card’s information. These are typically attached to a legitimate card reader at an ATM, gas station, […]

Article Summary: The 15/3 credit card hack can help you lower your credit card utilization and boost your credit score. The hack involves making one credit card payment 15 days before the due date and a second payment three days before the due date. You then pay any remaining balance the day before or day […]

Article Summary: A reference number is a unique set of numbers and/or letters assigned to a transaction. Reference numbers are used by financial institutions for all types of services, such as credit or debit transactions and wire transfers. This number may also be referred to as a confirmation number — such as for travel arrangements […]

Article Summary: A billing statement is a listing of the transactions made on an account during a period of time, usually a month. In the case of credit cards, it outlines a user’s spending activity over the previous month. This statement clearly lists the user’s minimum required payment, any rewards earned, any interest fees charged, […]