Tag: Card
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Here’s Why Some Businesses Charge You Extra For Using A Credit Card
Credit card issuers charge merchants a processing fee for each transaction they accept using their respective cards. These fees add up fast, can ultimately cut into a business’s profits, and can even lead smaller businesses to choose not to accept credit cards at all. This is also why it’s common to see stores refuse Discover…
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Are Planet Fitness’ Black Card Perks Worth The Price?
To begin, the Black Card allows Planet Fitness members to use any club in America or internationally, whereas regular members only have access to their home club. Needless to say, this can be a valuable benefit if you frequently travel for work or pleasure. Advertisement In recent years, with the increased popularity of full-time living…
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What’s A Good Limit To Have On Your Credit Card?
People with good credit and a reliable payment history are typically more likely to qualify for higher credit limits than those with lower scores or less consistent histories. With that in mind, there are a multitude of factors that can go into how a lender determines your credit limit including everything from employment status to…
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If You Miss A Monthly Credit Card Payment, Here’s What Happens
The first thing customers will face when missing a credit card payment is a late fee. These fees can vary depending on your cardholder agreement, and the credit card issuer’s policies. Legally, credit card companies can only charge certain amounts for late fees. For instance, a first-time late payment can only be charged a fee of…
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What Happens When You Only Make The Minimum Payment On Your Credit Card
Terms vary widely, but most credit cards offer some riff on the same Faustian bargain: Spend money you don’t have and pay it back in 30 days, or else get charged double-digit interest on the outstanding balance. If you fail to make even the minimum payment, you will be subject to additional fees right on…
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What You Need To Know About Old Navy’s Navyist Credit Card
Old Navy offers two types of reward credit cards to shoppers and both come with bonuses for fans of their clothing outlets. First of all, the Navyist credit card can be used online or in-store only at Old Navy and its family brands such as Gap, Banana Republic, and Athleta. However, the card does come…
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How To Increase Your Apple Card Credit Limit
Partnered with the investment banking company Goldman Sachs and within the realm of MasterCard, the Apple Card provides an easy application process and a user-friendly app. However, just like any credit card, your initial borrowing limit will be reflected by your credit score, and if it’s in good standing, then you might see a higher…
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Why The American Express Centurion Black Card Is Such An Exclusive Credit Card
Today, the American Express Centurion Card, more commonly known as the “American Express Black” sits a tier above the company’s Platinum offer. It offers access to over 1,400 VIP lounges at airports and shopping areas in 140 countries around the world, plus room upgrades at top-tier hotels including the St. Regis Hotels & Resorts and…
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Don’t Pay Your Rent With A Credit Card. Here’s Why
Although many credit cards reward purchases with lucrative cash-back awards, airline miles, store credits, or hotel points, the value of those rewards is very rarely generous enough to offset the extra fees for using the card to pay rent. There are a few exceptions. One scenario is if a travel rewards card offers a large…
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The 8 Best Ways To Consolidate Credit Card Debt
Balance transfers are a great option to use in tandem with other repayment strategies; they are not, however, a cure-all for high credit utilization. Balance transfers simply move debt from one lender to another, effectively bringing debts together into one account and a single corresponding repayment. Advertisement For those with a high credit limit and…