Credit Cards

Ever wonder why your credit score dips even when you pay on time? The culprit is often something called your credit card utilization ratio—the percentage of revolving credit you’re using. In this guide, you’ll find the credit card utilization ratio explained in plain English, learn exactly how to calculate it, discover what “good” really means...

According to the Federal Reserve, almost everyone with an income of at least $100,000 has a credit card in their wallet. In 2022, 35 percent of adults applied for a credit card, and compared to the 46 percent of applicants with less than $50,000 in annual income who were denied, only 13 percent of those...

Today, sending money is easier and faster than ever before, especially thanks to online banking platforms that facilitate wire transfers. A wire transfer is a banking transaction initiated through a bank, authorizing it to wire money from one account to another. Several methods are available to help wire money, including using a credit card to...

In the modern era, everyone uses credit cards to pay for things. So, it makes sense to teach your children the fundamentals of credit and how it works. This way, they're more financially prepared for the future and can make smarter decisions about how and where they spend their money. Fortunately, it's never been easier...

Planning an international trip can be very exciting, especially when deciding where to go, what to see, and how you plan to travel worldwide. Though international travel can be exciting, you must be prepared to have access to money, especially when you are in a country where you might not have easy access to pay...

Credit card debt often feels like it sneaks up on you, and before you know it, you find yourself struggling to make the minimum payments and get those balances down to a manageable amount. Know you are not alone. During the summer of 2023, credit card usage soared to a new milestone, with balances across...

Though income is an important factor, other factors, including credit history, length of credit, and debt to income (DTI), are considered when establishing a credit limit. Most credit card lenders look at your estimated DTI, giving higher limits to those with a DTI below 36 percent. A low DTI and a high income can unlock...

By the fourth quarter of 2020, credit card debt reached $820 billion. Though the total amount of debt fell from the previous seven years, it has increasingly become more challenging for consumers to pay more than the minimum monthly payment. For example, it would take a household more than 25 years to pay off credit card debt by...

In the wild world of credit cards, it can sometimes be hard to separate fact from fiction. Whether you regularly pay off your credit cards at the end of each month or recently paid off your final installment on a large purchase, you may be left with several questions. Some of the most common questions...

These days, credit cards come with a wide variety of perks and benefits. If you’re a frequent traveler, then it’s worth looking into some of the top credit cards that pay for Global Entry. Read on to discover the top credit cards with TSA Precheck or Global Entry benefits. We’ll break down the difference between the two programs,...

Sometimes, credit cards can be a lifesaver when it comes to handling major expenses that your bank account can’t cover at the moment. But what do you do if you find yourself in such a situation without a credit card ready to go? While you can always apply for a new credit card online at...

Granting someone your credit card account is a big decision that shouldn’t be taken lightly. But there are certain situations in which it can be beneficial for both you and the authorized user. Join us for a crash course in everything you need to know if you’re considering granting your child, spouse, or close friend...

These days there are plenty of easy approval business credit cards to choose from for business owners with a variety of different credit scores and backgrounds. Finding the best card for you will largely come down to the type of features you’re looking for, the size of your business, and your company’s needs. Here we’ll break down...

Chase’s Ink Business cards offer a strong range of options for businesses of all shapes and sizes. Customers can choose from business cards with a nice variety of reward programs, from category-based or flat-rate cashback offers to points systems with generous travel perks. But how do you know which card is right for your business? Join us as we...

These days, buying items on credit has become the default. The mantra of "buy now, pay later" has pervaded virtually every industry, from consumer goods to cars to homes. In the United States 84 percent of adults have at least one credit card, and the average debt for families is roughly $6,200. If you have a...

If you’re opening your own business for the first time, then you likely have plenty of questions about how to start building business credit. Whether you register your business as a corporation or LLC, you’ve taken the first step toward separating your business and personal finances. Applying for business credit cards and other sources...

If you're like most Americans, you have a credit card. In 2022, there were a whopping 1.1 billion cards in circulation, and about 83 percent of individuals have at least one card. But, while we're all used to buying now and paying later, using a credit card typically means swiping for a specific purchase, rather than getting...