Best Rewards Credit Cards: The Top 5 Cards for 2018

Best Rewards Credit Cards: The Top 5 Cards for 2018

2018 is going to be a big year for credit cards with rewards. People will be able to cash in frequently and get big payoffs with their credit card rewards. If you don’t have a rewards card yet, now is the time to look into them. You want to take advantage of the credit card rewards early. The best rewards credit cards can help the cardholder save big. There are cashback options, sign-up bonuses, loyalty programs, and much more.

If you’re going to shop anyway, you may as well earn rewards while you’re at it. However, it can be difficult to decide what the best credit cards for rewards are, and we’re here to help. We’ve rounded up the best rewards credit cards of 2018. Read on to find out how you can benefit from each of these five credit cards with rewards. Learn the benefits of each reward credit card.

Compare the 5 best rewards credit cards before applying.

Top 5 Best Rewards Credit Cards for 2018

Citi Double Cash Card

First up on our list of the best rewards credit cards is the Citi Double Cash Card. This card offers its cardholders a flexible redemption program, and you can redeem after you’ve earned $25. This reward credit card is easier to obtain, as it takes good and excellent credit scores.

New cardholders also enjoy introductory $0 APR for balance transfers for 18 months. You get the Price Rewind program that credits you the difference if they find a product you purchased cheaper. Finally, you get the first late payment forgiven, and purchase protection.

Chase Sapphire Preferred Travel Card

A travel card and a rewards card, the Chase Sapphire Preferred Travel Card seems to do it all. This is one of our best rewards credit cards because of its generous perks. For a welcome bonus, spend $4,000 in the first three months and get 50,000 Unlimited Rewards points. Add an authorized user in 90 days and get another 5,000 points.

Cardholders enjoy double points for travel and dining expenses. Also, you have the freedom to redeem your points in multiple ways. Redeem through the Unlimited Rewards Portal and get 1.25 cents for every reward point. There are no foreign transaction fees, which is great for travel. Finally, you can transfer your points between hotel and frequent flyer programs for more savings.

Capital One Savor Dining Rewards Card

For all of those foodies out there, this one is for you. The Capital One Savor Dining Rewards Card is one of the best rewards credit cards in its class. You get a $150 statement credit for spending just $500 in the first three months. You’ll also enjoy no annual fee for as long as you have the card. The Savor Cash Rewards gives you 3% cash back for dining, 2% for grocery store purchases, and 1% on everything else.

The first nine months feature a 0% APR, and you have unlimited reward earning potential. Cardholders also get contactless technology for additional security. Any rewards you earn are yours to keep as they never expire. Finally, you can stack your rewards, and there is no minimum to redeem them.

Blue Cash Everyday Card

Do you find yourself spending a decent amount at the grocery store or gas station? If so, the Blue Cash Everyday Card might be one of the best rewards credit cards for you. New cardholders that spend $1,000 in the first three months get a $100 statement credit. If you shop at certain supermarkets, you’ll get 3% cash back on your purchases for the first $6,000.

Shopping at gas stations and department stores will get you 2% cash back. You’ll also enjoy a 0% APR for the first year. Additionally, you’ll enjoy 0% APR on balance transfers for the first 12 months as well. Finally, cardholders can get this card if they have good or excellent credit.

Capital One VentureOne Rewards Card

Travelers should know about the Capital One VentureOne Rewards Card. As one of the best rewards credit cards for travel, this card can save you big. You’ll have no annual fee, ever. Your bonuses don’t expire, and you get unlimited earning potential. Spend $1,000 in the first three months and get 20,000 which equal $200.

There are no restrictions on this card. You can use your rewards where and when you want. The first 12 months have 0% introductory financing, and there is no foreign transaction fee. You can also qualify with good or excellent credit.

Bottom Line on Finding the Best Rewards Credit Cards

2018 is going to be a great year for several of the best rewards credit cards. You want to be able to cash in on these rewards. We’ve highlighted the top five, and it’s up to you to choose the best one. Whether you want dining, travel, gas, or cashback, we have a rewards card to suit you.

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Best Travel Credit Cards and Airline Cards for 2018

The Best Travel Credit Cards for 2018

Going into 2018, you may benefit from having a travel credit card. There are many benefits to owning one, and you don’t necessarily have to travel a lot to benefit. There are dozens to choose from, and we’ll review and company the best travel credit cards. Whether you want a general travel rewards card or the best airline credit cards, we’ll help you.

Chase Sapphire Preferred Card

Ranking as one of the best travel card for 2018, the Chase Sapphire Preferred is an excellent choice. Cardholders get a generous welcome bonus to start that comes in the form of 50,000 unlimited reward points. You also get double points for travel and dining including taxi fares, takeout, and dining in. There are no foreign transaction fees, and your points are transferable to hotel and frequent flyer programs. Finally, you also get multiple redemption options for your points. This allows you to be flexible with how you reward yourself.

You’ll have a $95 annual fee with this card, and that is very reasonable. You won’t get an introductory APR with this card either. If you’ve recently applied and opened multiple cards, Chase may deny your application due to the Chase 5/24 rule. Additionally, you need higher than average credit to qualify for this card.

Chase Sapphire Reserve

Another one of the best travel credit cards is also from Chase. The Chase Sapphire Reserve card gives you three points for every dollar you spend on dining and travel. Chase has a generous category for dining, and this includes taxi fares, coffee, dine in and takeout. You also get one point for every dollar you spend in other places. You’ll get a $300 travel credit that Chase will automatically credit to your account once a year. Spend $4,000 in the first four months, and you’ll get 50,000 bonus points. This equates to a $500 statement credit. Your points are transferable to other to other travel loyalty programs as well.

This card has a higher annual fee of $450. The application process is very selective, and many people won’t get approval. Additionally, you also have to have excellent credit for this card.

Comparing the Chase Preferred to the Chase Sapphire Reserve

As two of the best travel credit cards for 2018, you have to see how they compare to each other. Both cards have a generous welcome bonus, but you do have to spend quite a bit to get them. Both cards let you transfer your points to frequent travel programs. However, Chase Sapphire Preferred gives you double points on dining and travel, and Chase Sapphire Reserve gives you triple.

The Chase Sapphire Preferred has a lower annual fee, but Chase Sapphire Reserve gives you a $300 annual credit. This can help to offset the higher annual fee this card has. Additionally, the Chase Sapphire Preferred doesn’t penalize you for adding authorized users while the Chase Sapphire Reserve does.

Depending on your spending, either one of these cards could be the best travel credit cards for you. If you spend more than $2,750 annually, the Chase Sapphire Reserve is most likely the better choice. Also, the welcome bonus and points are more flexible on the Reserve card.

Comparing General Travel Rewards Cards of 2018

Now that we’ve compared the Chase Sapphire cards, we’ll move on to other great general travel rewards card. We want you to find the best travel card for 2018, and this means looking at one more general travel rewards credit card.

Compare the best travel credit cards for 2018.

Capital One VentureOne

The Capital One VentureOne Card is one of the best travel credit cards on the market. You can get miles, bonuses, and no annual fees with this card. As it has no annual fee, you can use this card as it suits you without trying to justify an annual fee. Use it as little or as much as you want without any worry. Your bonuses won’t expire as long as your account is open and in good standing. This allows you to let your awards accumulate and use them for big redemptions. Your rewards and miles are also unlimited. For every dollar you spend, you get 1.25 miles. There is no foreign transaction fee, and you get a nice sign-up bonus.

The APR is higher on this card, and you need good or excellent credit to qualify. While you do earn rewards, the rates are lower than other rewards cards. You also have to spend $1,000 in the first three months to get the welcome bonus.

Comparing the Best Airline Credit Cards of 2018

United TravelBank Card

United Airlines has several credit cards available. However, this card ranks as one of the best travel credit cards because it has no annual fee. You get TravelBank Cash as your rewards, and you get 2% for every dollar spent on airline tickets. United Airlines will also give you 1.5% for every dollar you spend elsewhere. There are statement credits available when you use your card to buy in-flight food or beverages. You also get travel insurance, price protection, no foreign transaction fee, and much more.

The United TravelBank Card card does come with a purchase APR from 16.99% to 23.99%, and this can be higher than other cards. You are also restricted in how you can redeem your rewards. You can only use them with United Airlines. Your credit score also has to be excellent to get this card.

JetBlue Plus Card

Another great travel card for 2018 is the JetBlue Plus. Cardholders come with large point earning possibilities. When you buy something from JetBlue, you get six reward points. You get two points for every dollar you spend on groceries and dining. There is also a generous welcome offer, and you get 5,000 points each year on your anniversary date. There are also unlimited rewards, and you get in-flight savings. Every time you redeem your rewards, you get a 10% redemption bonus. Finally, there are no blackout dates, foreign transaction fees, and you can qualify for TrueBlue Mosaic.

This card does come with an annual fee of $99, but that is reasonable for a travel card. It also has a higher APR, and you’ll get an additional fee for cash advances. There is also no grace period on your cash advance fee.

Bottom Line on the Best Travel Credit Cards

When it comes to the best travel credit cards, you do have options. As we’re heading into 2018, a great travel card and airline credit card may be just what you need. We’ve reviewed several excellent travel rewards credit cards to help you decide which one is best for you. When you’re looking for the best travel card for 2018, take your time and do your research. It’ll pay off, and you’ll reap the benefits.

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Credit Card Trends for 2018 – 8 Top Credit Trends for 2018

Learn the Top Credit Card Trends for 2018

There are several new credit card trends to look forward to in early 2018. These credit card trends will streamline the entire process that comes with using your credit card. Additionally, several of the trends will tighten security when it comes to your credit cards.

The best part is that each credit card trend can apply to different cards. So, this means you won’t miss out if you have one particular card. We’ll go over the eight most exciting credit card trends coming in 2018.Learn the 8 Exciting credit card trends for 2018.

Eight Exciting Credit Card Trends for 2018

Credit Trend One: Discover and MasterCard are Doing Away with Signatures

A huge credit card trend coming by April 2018 is moving away from traditional signatures. Discover wants to implement these changes early on and have them perfected by mid-2018. Although it may be difficult to do away with signatures completely, they’re adding several security measures. Discover wants to implement multi-factor authentication processes along with biometrics.

MasterCard already announced that the company invested in research to switch to biometric fingerprint scanners. This can streamline the entire credit card process. Additionally, with two bigger companies looking at alternate security measures, it could push retailers to change faster. Biometric fingerprint scanners would be more secure than the traditional pin or signature. All of this can work to cut down on fraud and identity theft.

Credit Trend Two: The Focus Shifts to Long-Term Customer Loyalty

Credit card companies have focused on the short-term customer for years. They give big signup bonuses to entice new customers, but don’t do much for their long-term clients. This credit card trend has begun to change already, but 2018 will kick it into high gear. Some credit card companies are focusing on tiered rewards systems to reward their long-term customers.

Credit card companies also promote loyalty by upping their customer service. Discover kicked this credit card trend off by providing an in-app messaging feature. This allows agents to see the entire interaction history. In turn, this streamlines the process when there is an issue.

Credit Trend Three: Higher Interest Rates

Cardholders may not greet this credit card trend with much enthusiasm, but it’s coming soon. The last Fed rate hike occurred in June. The Federal Reserve put out a projection of trends, and it suggested interest rates could rise by 0.34 this year. In turn, this trend can make credit card debt more expensive.

However, you could also use this as a motivation tool. If you pay off your balance each month, you don’t pay interest. So, knowing you’ll have higher interest to pay off can motivate you to curb your spending. Also, this could potentially lead to a better financial situation for many cardholders.

Credit Trend Four: More Branded Credit Cards

One of the more exciting credit card trends this year was the introduction of branded credit cards. Amazon launched it’s Amazon Prime Rewards Visa Signature, and Uber also launched the Uber Visa. Starbucks also announced its plans for a branded card.

These cards can help to inspire customer loyalty. Most of these cards come with incentives and rewards, and this appeals to people. If you frequent a company or store, you want to have additional rewards. These branded cards are a way for the retailers to give back.

Credit Trend Five: Credit Cards will be More Aesthetically Pleasing

When it comes to credit card trends, a more durable card could be an excellent option. Cardholders had a favorable reaction to metal credit cards, and there are more coming. Rosan Diamond is trying to appeal to a broad range of consumers with their new card. For $15,000, you can become the owner of a precious gem-encrusted custom credit card. For people with less extravagant tastes, the Uber card played with several colors that popped off the black background.

This can be a powerful marketing trend, and credit card companies recognize this. It is very likely this credit card trend will continue into 2018. You want to keep your eye out for different colors, materials, shapes, and sizes. This will evolve as the various credit card companies try to outdo one another.

Credit Trend Six: More Seamless Transactions

Smartphones make it easier for people to make transactions. It isn’t unusual for the majority of smartphone owners to forego their credit cards in favor of their phones. So, card companies are trying to make transactions smoother in 2018. They want to keep up with smartphones, and the cardholders will reap the benefits.

You should start seeing more ways to make purchases and redeem rewards directly with retailers. There should be apps popping up as well to shorten the transactions, and ways to redeem online. Lenders are designing all of these things to hold onto their customer base.

Credit Trend Seven: High-End Credit Cards will Have Bigger Perks

As far as credit card trends go, more perks are always welcome. People with higher rewards credit cards already have perks. However, there are projected to be much more for premium credit cards. American Express has already started this process, and it’s teamed up with SoulCycle. This partnership allows American Express to upgrade it’s already stellar perks.

This is a highly competitive market, and you can expect to see big payoffs. The sky really is the limit, and spa upgrades, first-class treatment, and more aren’t far-fetched. You may also see things like travel credits, more miles, exclusive VIP access, and bonuses.

Credit Trend Eight: Heightened Security and Fraud Protection

Data breaches have come to light several times over the past year; the Equifax Data Breach is a prime example. So this brought heightened public awareness, and lenders began to add heightened security measures. Discover lead the pack with cardholder credit card alerts linked to their social security number. As soon as a social security number showed up on the “dark web,” Discover sent an alert.

Capital One is also cashing in on these trends and heightening their security measures. Cardholders get access to Second Look, and this program lets them closely monitor their account activity. We also touched on Discover and MasterCard’s attempts to heighten security earlier in this post.

Credit Card Trends of 2018 Will Benefit Consumers in the Long Term

As far as credit card trends go, 2017 was a great year. As it stands, 2018 is also looking to be an exciting year. Cardholders will only benefit from all of the competition between credit card companies. Lastly, if your credit isn’t up to par, it’s time to start working on it. This will give you the best chance of cashing in on these credit card trends from the beginning.

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United TravelBank Card No Annual Fee Chase Visa

A Review of the United℠ TravelBank Card

The United Airlines credit card program gives you a few cards to choose from. However, one stands out because it has no annual fee. The United TravelBank card is the new United Airlines credit card people are raving about. It is becoming a popular card with people who fly United Airlines.

With a range of cardholder perks including no annual fee, it’s easy to see why people love this card. We’ll discuss these perks along with some downsides to the Chase United Visa. This should help you decide if the United TravelBank card is the right choice for you.

United TravelBank Card Has No Annual Fee

One of the biggest perks that attract people to the United TravelBank card is no annual fee. This means you can use your card as much or as little as you want in a year. So you won’t have to adjust your spending habits to justify the annual fee. The United Airline rewards you earn with this card are all profit. This is a great benefit considering most other airline credit cards today have high annual fees.

Chase visa No Annual Fee United TravelBank Card

TravelBank Cash

The United TravelBank card gives you rewards for using it. They’re called TravelBank cash, and you get them each time you use your United TravelBank card. Also, every time you buy an airline ticket through United Airlines you get 2% TravelBank cash for every $1 spent. All other purchases you make with your United TravelBank card will earn you 1.5% for every $1 you spend. This United Airlines travel reward credit card is straightforward, simple, and makes an excellent first travel credit card.

In-flight Savings

This United Visa can get you in-flight savings when you use it on United flights. If you pay for your food and beverages while you’re on the plane, you get a 25% statement credit. The Chase United Visa gives you this statement credit every time you use it. This means you have the potential for substantial statement credits.

United Travel Bank Account

All of the rewards you earn with this card accumulates in your TravelBank account. These travel rewards are unlimited, and you can receive them for as long as you have your account. This makes it easier to use your rewards how you want. You won’t have to worry about keeping track of multiple rewards either. They all accumulate in the form of free travel cash.

Travel Insurance

The United TravelBank card gives cardholders several travel insurance perks as well. These are mainly valuable in the event something happens while you’re traveling. You get trip cancellation or interruption coverage up to $1,500 per trip. If your trip is cut short due to illness or injury, United will reimburse you. You’ll also get collision damage.

Price Protection

When you buy something and register it with your United account, you get price protection. United will monitor for lower prices for 90 days to the date of the purchase. If they find a lower price for the same item, they’ll apply the difference to your account. This protection caps at $500 per item and up to $2,500 per year.

No Foreign Transaction Fee

You can safely use the United TravelBank card through banks that are not in the United States. You won’t incur extra foreign transaction fees for using your card. This makes the Chase TravelBank card and an excellent option for people who travel a lot. When you include this with the bonus rewards, you have an opportunity for huge savings.

United TravelBank Card Introductory Offer

Get approved for the United TravelBank card, and get an easy to meet introductory offer. Meeting this credit card sign up bonus is worth it. If you spend $1,000 within the first three months, you’ll get a $150 statement credit. This $150 will come in the form of Chase TravelBank cash. You can redeem this travel reward to pay for United flights. Additionally, you can see your reward amount every time you check out using your cash.

Inside Access Program

This card will get you into Chase’s Inside Access program. This VIP program allows you to get into exclusive lounges. It can also get you into private dinners with celebrity chefs. You can also get into premium events, concerts, parades, and much more simply by using this card.

Purchase APR

A downside to this card is the purchase APR. It ranges from 16.99% to 23.99%. Your purchase APR will depend on your credit score. The higher your credit score is, the lower the purchase APR percentage will be. So, if you carry a balance, this interest can add up quickly. You’ll end up paying much more back than you originally paid for your item.

Restricted Rewards

Although you have the potential to earn substantial airline rewards, they’re restricted. These airline rewards accumulate for as long as you have the account. However, you can only use them on United Flights. So if you’re not loyal to United Airlines, you should look into different airline credit cards.

Credit Score

The United TravelBank card requires its cardholders to have excellent credit. Unfortunately, this can shut out a lot of people. The higher your credit score is, the lower APR you’ll have to pay. So if you have fair credit, this could hurt you with this card. You may want to reconsider applying if you know your credit isn’t high enough for a decent APR.

Bottom Line on the Chase United℠ TravelBank Card Issued by Visa

The United TravelBank card is a reliable option for someone who flies with United Airlines. You get plenty of perks for merely using this card. Also, these perks can quickly add up to huge savings and bonuses. If you’re someone who wants to earn United MileagePlus miles, this card isn’t a good option for you. Additionally, it doesn’t give you any checked bag passes, and this can be a drawback.

The no annual fee is another significant draw for this card. It makes it easy to justify having the United TravelBank Card. As long as you fly United, this card is worth looking into. The perks far outweigh the drawbacks for its cardholders.

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Applied Bank Secured Visa Gold Preferred Card

The Applied Bank Secured Visa Gold Preferred Credit Card Review

The Applied Bank Visa Gold Preferred card is for people who have difficulty getting a credit card. The lender designed this card for people who have applied for credit cards and received denials. While the Applied Bank Secured Visa Gold Preferred Credit Card does help rebuild bad credit, you’ll pay for it. We’ll review this card including the good and bad so you can make an informed decision. By the end, you’ll know if this card is a good option for you or if you should keep looking.

The Applied Bank Secured Visa accepts people with lower credit scores. You may be eligible if you have a credit score of 620 or lower. This makes it an easier card to obtain to help you start to rebuild your credit. If you’ve applied for credit cards for bad credit and didn’t get them, you may get this one.

Applied Bank Secured Visa card can help improve credit with responsible use.

Applied Bank Secured Visa Offers Low Interest With No Interest Penalty

The annual percentage rate (APR) is also relatively low at 12.99%. This 12.99% applies to all of the purchases and cash advances you make. For someone who has poor credit, this is an extremely generous rate. People who have poor credit can usually expect higher APR, but some can be unsecured cards.

This card also doesn’t have a penalty interest rate. This is great if you’re someone who forgets payments or can’t make them on time. If you miss a payment, your APR of 12.99% will stay the same. You’ll never have an interest rate increase as long as you have the Applied Bank Secured Visa.

Account Set Up With the Applied Bank Secured Visa

When you set up your account, you won’t pay any fees to do so. You also won’t get a hard inquiry hit on your credit report. This can save you a few points on your credit report. It can also save you money, and you’ll need it with this card.

You’ll notice when you apply for the Applied Bank Secured Visa that you need a deposit. This deposit ranges from $200 to $500, and it depends on your credit history. When you pay this deposit, this will become security for the lender. If you default on the card, they’ll keep your initial deposit. Additionally, this is your credit limit. You can’t go over it.

Applied Bank Credit Card Fees

The Applied Bank Secured Visa also comes with high annual fees. The first year you’ll have to pay $50 for having the card. Once the first year is over, you won’t pay an annual fee any longer. It switches to a $9.95 monthly fee. This adds up to around $120 a year in annual fees alone.

Once you’ve used the Applied Bank Secured Visa Gold Preferred card responsibly, you may be eligible for an upgrade. You can get a higher line of credit for making your payments on time. However, the bank will charge you $100 to upgrade to a higher line of credit.

There is also no grace period with the Applied Bank Secured Visa credit card. This means if you’re late on your payment by even a day, you’ll get a $32 to $35 fee. If you’re late with several payments, this fee can add up quickly. Most cards give you at least a 25 day grace period to make your payments, but not this one.

The Applied Bank Secured Visa Gold Preferred Credit Card Lacks Perks

You won’t have any rewards with the Applied Bank Secured Visa Gold Preferred credit card. It is a more restricted card, and it shows. You should see your credit score moving up, but this is more of a long-term reward. This card doesn’t come with any immediate rewards like a few other ones do.

When you make your deposit, it just sits in the account. You won’t be eligible for interest on your deposit. The amount you put in is the exact amount you get back when you close your account. This can make it difficult to be enthused about this card as there is a very little payoff.

You don’t get any travel perks when you use this secured card. There is no roadside assistance, rental assistance, flight insurance, or lost luggage insurance. You can use this card to travel, but you’ll pay a 3% foreign transaction fee as well. The lender adds this fee to every transaction that goes through a non-United States bank.

Finally, the Applied Bank Secured Visa Gold Preferred card has a very low credit limit. It starts at $200 and goes up to $500. You’ll have to pay that amount up front when you open the card. You can get this money back if you pay your card off before you close your account.

Bottom Line on the Applied Bank® Secured Visa® Gold Preferred® Credit Card

The Applied Bank Secured Visa Gold Preferred credit card is a last resort card. The negatives far outweigh the positives, no matter how you look at it. While the lender may approve you for this card, it cost you a lot of money in fees. You should shop around and see if you can get another secured card.

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Bad Credit Application Warning Sign – 7 Signs

Seven Warning Signs When Choosing a Credit Card for Bad Credit

When it comes to repairing bad credit, a credit card can be a great tool. However, there are several red flags that come with some bad credit credit cards. You want to avoid these at all costs, as you’ll lose in the long run. Repairing your credit takes time, and you don’t want to be worse off because you chose the wrong credit card. If you’re not sure what bad credit application warning sign to look for, take a look at our comprehensive list.

What is a bad credit application warning sign when applying for bad credit?

First Bad Credit Application Warning Sign: Doesn’t Report to the Credit Bureaus

The entire point of getting a credit card is to help rebuild your bad credit back up. You can only do this through responsible use and regular credit bureau reporting. Some bad credit credit card applications don’t report to the credit bureaus, or they rarely report. So this doesn’t do anything to help you, and you want your card to report monthly.

Second Bad Credit Application Warning Sign: Variable Interest Rates

Several credit card lenders use variable interest rates to lure people in. They’ll advertise a low introductory interest rate as a variable rate. So the catch with this type of interest rate is that increases over time. Sometimes it jumps up to over 29.99% if you miss a payment. You want to get a fixed interest rate credit card. A fixed interest rate will protect you from paying extra money a slowly increasing variable rate.

Third Bad Credit Application Warning Sign: Hidden Fees

You may choose a bad credit credit card because you think you’re getting a great deal. However, the lender may tack on several hidden fees. They usually only mention these fees in the terms and conditions so that you may miss them. It isn’t unusual for a lender to add an application processing fee or a monthly maintenance fee. Shop around and find cards without these hidden fees.

Fourth Bad Credit Application Warning Sign: High APR

You should expect to pay slightly more in APR fees with bad credit. However, you shouldn’t choose a card with an astronomical APR. While it is true the lender charges these fees as protection from the cardholder defaulting, they shouldn’t be extreme.

For example, say your bad credit credit card has an APR of 19.9%, and you currently have a $1,000 balance. If your minimum payment is 4% of your balance, you’ll pay $40 per month. You’ll pay your card off in 73 months, but you’ll pay a total of $1,556. This adds up to $556 in interest charges alone. If your APR is 9.9%, you’ll pay the card off in 58 months and pay $209.11 in interest. A good practice with all credit cards is paying the balance in full every month. This way the interest rate on your credit cards won’t matter.

Fifth Bad Credit Warning Application Sign: High Credit Limits

If you have bad credit, you most likely have had past challenges in managing your debt. You may need to take an honest look to see if you need help with credit cards. A bad credit credit card can help you learn to manage your debt in small steps. Your card shouldn’t offer a high credit limit because this is a way to lose control of your finances. You’ll also typically pay more in fees and interest, so you don’t want to get a huge balance. You should look for a card with under $1,000 credit limit. Ideally, even under $500 would work.

Sixth Bad Credit Application Warning Sign: High Fees Penalty Rates

Credit card lenders make a lot of money from fees and penalty rates. These may be even higher for someone with bad credit. With this in mind, carefully consider all of your fees when you use your card. Things like a cash advance, ATM withdrawals, phone payments, online fees, and more are common. It pays to read the fine print before you settle on a card and try to avoid fees with new credit cards.

Seventh Bad Credit Application Warning Sign: No Room to Improve

You want your card to reward you for using it responsibly. A lot of bad credit secured cards allow their borrowers to advance after a certain time frame. You’ll usually be able to transition to an unsecured card after 12 or 13 months of no late payments. If your card doesn’t offer this, look elsewhere. You don’t want to get stuck with a card that can’t help you improve your credit. Additionally, the card you advance to usually has better rates, and you’ll pay less to use it.

Watch Out for any Bad Credit Application Warning Sign

A bad credit credit card is an excellent tool to help teach debt management. However, these seven red flags are things you have to look for when you’re considering opening a credit card. Credit card lenders shouldn’t punish you for trying to raise your credit score. Do your research and compare various bad credit credit cards. This can help you find the one that suits your needs the best.

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Citi Simplicity Card Review Pros and Cons

A Review of the Citi Simplicity Card with Pros and Cons

Thousands of Americans are looking for ways to pay off their debts faster. The Citi Simplicity card can be a great tool to help you pay down your debts. The Simplicity credit card also comes with several perks for its cardholders to take advantage of.

However, you may not know what you’re missing out on with the Citi card, and we’re here to help. With all of the credit cards currently available, choosing a new one can be difficult. We understand this, and our review of the Citibank credit card may help you narrow down your choices.

Review the Citi Simplicity Card.

Citi Simplicity Card Pros

1. Introductory APR

Citibank Simplicity has a very generous introductory APR offer. For the first 21 months, you have this card; the APR is 0%. This 0% APR applies to both balance transfers and purchases. So it allows you to pay down your debt without adding anything more on to your existing balances. This fact makes the Citi Simplicity card an excellent option for people who want to decrease their debt.

2. Flexible Due Date

Most credit cards set your due date, but not with the Citi credit card. This card gives you the freedom to choose your due date. This means if you have most bills at the beginning of the month, you can pay at the end. So if you get paid bi-weekly, you can schedule your payment date around that day. Whichever works best for you, the Citi Simplicity makes it easy.

3. No Penalty APR

The Citi Simplicity card has a variable APR, and the lender assigns you this rate after reviewing your credit score. The APR goes from 14.99% to 24.99%. Normally, if you miss a payment you’ll get a penalty APR, and this is typically 29.99%. However, the Simplicity credit card has no penalty APR. The APR you get when you apply is the one you’ll keep as long as you have an account.

4. No Late Fees

You’ll never pay a late fee with the Citi Simplicity card. It doesn’t matter if you forget to pay entirely or if you’re a few days late. This can go a long way when it comes to saving you money. The lender will report consecutive late payments to the credit bureau. So you shouldn’t make a habit of missing your payments or paying late.

5. No Annual Fee

Many credit cards charge their cardholders an annual fee. This can make it stressful to try and justify paying the annual fee year after year. The City Simplicity card has no annual fee. When you combine this with the long introductory APR offer, you have the potential for huge savings. You can use your card as much or as little as you want without worrying about an annual fee.

6. Citi Price Rewind

When you buy something with your Citi card, register it with Citibank online. Citi will monitor your items for 60 days and look for lower prices. If they find a lower price, you’ll get the difference in a refund up to $500 per item. This perk does have a cap of $2,500 per calendar year, but it’s an easy way to save. This can be very useful during the holidays or with stores who routinely do big-ticket sales.

7. Travel Rewards

If you travel and use your Citi Simplicity card, you’re entitled to travel rewards. You’ll get flight insurance, auto rental, roadside assistance, and travel assistance. So all you have to do to get these rewards is book your trip with the Citi Simplicity card. If you get lost or stranded, you’ll be able to get help when you need it.

8. Zero Liability

Most credit cards have protection against fraudulent charges, and the City Simplicity card is no different. So if someone uses your account without your authorization, you won’t be liable for the charges. The Citi Simplicity credit card lender will cover the fraudulent charges. This can also help to negate any damage to your credit score.

Citi Simplicity Card Cons

1. No Rewards

Although the Citi credit card has several perks, it isn’t a rewards card. You won’t get any bonuses or points for using your card. This can be a downside for people who want rewards when they use their card. The introductory offers are nice, but it’s hard to compete with a reward card.

2. Credit Score

The Citibank credit card requires applicants to have excellent credit. If your credit is less than perfect, you most likely won’t qualify for this card. If your credit is on the lower end of an excellent rating, you’ll pay for it with higher APR. These strict credit requirements can make it very hard for many people to obtain this card.

3. Foreign Transaction Fee

If you travel with your Simplicity credit card, be aware of the foreign transaction fee. You’ll have a 3% fee each time you use your card while traveling abroad. So if you travel and spend $5,000, you’ll have a foreign transaction fee of $150. The lender adds this fee to your balance each time you travel and use your Citi card.

4. Balance Transfer Fee

Every balance transfer you do with the Citibank credit card will get you a 3% fee. The minimum fee is $5, and it takes whichever one is more. So if you plan to transfer $8,000, you’ll end up with a $240 balance transfer fee. This fee will appear on your monthly statement in the month you make the balance transfer.

Citi Simplicity® Card – 0% Intro APR For 21 Months‎ Bottom Line

The Citi Simplicity card is a solid option for anyone who wants to pay down their debt. So the long introductory APR period and no late fees are a huge draw with this card. As long as you use it responsibly, you could save yourself hundreds in interest fees. Lastly, these small things add up to huge savings, and this makes the Citi Simplicity card a great choice.

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JetBlue Plus Card Review the Benefits

JetBlue Plus Card Review

If anyone is a loyal JetBlue flyer, you have to look into the new JetBlue Plus card. This card has the potential to earn you more points quicker than traditional cards. For anyone who travels, you know how important this can be. Since the JetBlue Plus card is relatively new, many people may not know about it.

We’re going to review the JetBlue MasterCard Barclaycard in this post. We want to give you a general overview of everything the JetBlue MasterCard can offer to the cardholder. This way, you’ll be able to quickly tell if this card may be a good option for you.

The JetBlue Plus Card offers JetBlue frequent flyers free travel.

Benefits Offered by the JetBlue Plus Card

Large Point Earning Potential

To start off, you get large rewards for using your JetBlue credit card for any JetBlue purchases. Every time you purchase something from JetBlue, you get six rewards points. By spending at grocery stores or restaurants, you get two points for every dollar you spend. For anything else you purchase with your JetBlue credit card, you get one reward point for every dollar spent.

You also get 5,000 bonus points a year on your card opening anniversary date. If you spend $1,000 in the first 90 days, you get an additional 30,000 points. You can apply these points for JetBlue flights to get free travel or discounted travel.

JetBlue Plus Card Offers Unlimited Rewards

Unlike many MasterCard applications, the JetBlue MasterCard comes with unlimited reward potential. You can earn rewards for as long as you have the account open. These rewards don’t expire either, so there is no danger of losing them. Another perk that sets the JetBlue Plus card apart is the TrueBlue Family Pooling. You and your family members can all share and pool your rewards.

Inflight Purchase Savings

Use your JetBlue MasterCard Barclaycard on any JetBlue flight and save. Cocktails, movies, and food will all earn you a 50% discount. This will shop up on your statement as a credit. Additionally, if you’re the primary account holder, you’ll get your first bag checked for free on JetBlue flights.

Redemption Bonus

The JetBlue Plus card also gives you an additional redemption bonus. Every time you choose to redeem your points, you’ll get 10% back. You can use this additional 10% towards your next point redemption. For example, if you redeem 20,000 points, you’ll get 2,000 toward your next redemption. This will help to lower the overall cost of your next flight.

Foreign Transaction Fee

Using your JetBlue Plus card in a non-US bank won’t cost you anything extra. There is no foreign transaction fee with this card. So if you plan to travel a lot, this card could be perfect. It saves you up to 3% when you use it abroad. This can amount to huge savings for anyone who plans to do a lot of traveling and shopping.

TrueBlue Mosaic

Spend $50,000 or more in one card year, and you’ll get one year of Mosaic benefits. This program is unique to the JetBlue Plus card, and it can add up to a lot of savings. You’ll get your first and second bags checked in free for your flights. You’ll also get 15,000 bonus points for qualifying, expedited security lines, early boarding, and complimentary alcoholic drinks.

No Blackout Dates With the JetBlue Plus Card

If you’ve ever tried to book a flight with your rewards and couldn’t because of blackout dates, you know the frustration. With the JetBlue credit card, blackout dates are a thing of the past. As long as you fly with JetBlue, you can use your points on any seat, at any time.

Annual Fee

A downside to the JetBlue Plus card is the annual fee. Unlike many cards, you’ll pay this fee the first year you have the card. The annual fee is $99, so you want to make sure your rewards are worth paying the annual fee. However, you can use your 10% redemption bonus toward your annual fee’s cost to offset the price.

JetBlue Plus Card APR

The JetBlue Plus card is a rewards card, so it does have a higher APR. Cardholders are subject to a variable APR ranging from 12.99% to 25.99%. You can avoid this fee by paying your balance in full each month. Also, the 12.99% APR isn’t bad for a rewards card, and it goes by your credit score.

Cash Advance Fee

If you take out a cash advance with the JetBlue MasterCard, you’ll get a cash advance fee. This fee is 5% of your total withdrawal with a minimum of $10. There is also no grace period for the cash advance interest rate. This interest rate is also variable, and it’s around 26.24%.

Compare these CreditSoup® Airline Rewards Cards and Applications Now
JetBlue Plus Card
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Capital One® VentureOne® Rewards Credit Card

JetBlue Plus Card Bottom Line

The JetBlue Plus card is an excellent rewards card for someone who flies with JetBlue frequently. The multitude of point offerings and no blackout dates make it easy to earn and redeem your points. You won’t have to worry about your rewards expiring, and you can pool them with your family members. All in all, the JetBlue Plus card is a solid rewards card for frequent travelers.

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Fingerhut Credit Account Catalog Review

An Overview of Fingerhut Credit Account

The company Fingerhut has been around for years, but did you know it can help build your credit? Ordering from the Fingerhut catalog allows people to open a Fingerhut credit account if they qualify.

Many people use Fingerhut because it has many different products for sale. The catalog does a very good job at showcasing their products. You also have the flexibility to browse at Fingerhut online, and this can give you more choices. If you purchase things from the Fingerhut Catalog or online, you can pay for it in installments. This allows people to purchase name brand items on a financing program. It also gives people greater flexibility to afford bigger ticket items.

You should be aware that it does cost more to order items with Fingerhut credit. However, this additional cost allows you to finance through the company in installments. The company caters to people who can’t afford to purchase the items outright. You’ll get to enjoy your products while you pay them off.

Additionally, Fingerhut does consider your credit, but it is more lenient. Someone with a credit score in the low 600s may be eligible for Fingerhut credit. As long as you pay your set monthly payments on time, it’ll reflect positively on your credit history.

A Fingerhut credit account can help people build credit.

Fingerhut Application Process

The Fingerhut bad credit application process is a fairly straightforward process. You start by going online and imputing all of your relevant information. Once you submit it, you’ll know within 60 seconds if you meet the eligibility criteria for the Fingerhut credit card.

If the company approves for the Fingerhut credit card, you’ll get the Fingerhut Advantage Credit Account. This is an unsecured revolving credit like you can use at Fingerhut online or through the catalog. You’ll get a standard grace period to pay off your balances, just like a typical credit card application.

If you don’t quite make it to the Fingerhut credit card level, Fingerhut will offer you a second choice. The second option is the Fingerhut FreshStart Installment Loan program. This loan lets you finance your first purchase with a $30 down payment. You’ll get a six to eight-month term to pay off your remaining balance.

If you successfully pay off your FreshStart loan without missing payments, Fingerhut will give you an upgrade. You’ll get the Fingerhut Advantage revolving credit account to make purchases from. You’ll only get this upgrade if you pay your installments when they’re due. If you pay off the entire balance at once, you won’t be eligible.

Advantages and Disadvantages of Using a Fingerhut Credit Account

One of the most significant advantages of the Fingerhut credit account is the flexibility. You can buy several items, or just a few and pay them off with monthly payments. The name brand products are ones you know, so you should be comfortable buying them.

As for fees, Fingerhut credit has very few unless you begin to miss payments. There are no annual fees, monthly fees, or one-time fees to worry about. You won’t have to worry about a down payment or a deposit either. This all works to save you money.

It is important to note that Fingerhut’s interest rates aren’t the best. It is a variable APR of 25.90%, and it depends on your credit. However, you can avoid the APR altogether by paying off your balance each month. It’s good practice for responsible use because you’ll work harder to limit your spending to avoid the APR.

The Fingerhut credit account only allows you to buy things from Fingerhut. While this is good if you’re looking for specific items, it won’t help in an emergency. The Fingerhut credit card won’t give you a cash advance if you need it. This is important to keep in mind when you’re searching for a backup card.

Fingerhut Credit Accounts Require No Memberships or Commitments

There is no commitment to shopping using the Fingerhut credit line either. This is another significant draw for people who want to rebuild their credit. There aren’t any membership fees or annual dues. This means you can spend as little or as much as you want. You are responsible for paying any balances you have, but that’s it. You don’t have to worry about trying to justify any outrageous annual fees or costs.

Finally, when it comes to rebuilding credit, the Fingerhut credit card can be beneficial. You technically don’t even have to use it to get the benefits. Simply having the card open and in good standing can help you. However, if you do use it and show responsible use, it reports every three months to the credit bureaus.

Fingerhut Credit Account by WebBank Bottom Line

Although slightly unconventional, the Fingerhut credit account is a solid option to rebuild your credit. The easy application process and the lower credit acceptance rates make this a good choice. They also have a large selection to choose from, and they use reputable brands.

If you’re looking for a way to rebuild your credit, try the Fingerhut credit program. As long as you use it responsibly, you should see your credit improving.

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First Premier Bank Credit Card Review Pros & Cons

First Premier Bank Credit Card Pros and Cons

The First Premier Bank credit card has been around for a while. Traditionally, people less than perfect credit use the First Premier card to build or rebuild their credit. This card is slowly gaining popularity for a variety of reasons, and it has its downsides as well. When you’re looking for a card to build your credit, the First Premier card can be a decent option.

You’ll at least want to look into it to see if the First Premier credit card is even a bad credit card application to consider. We’ve rounded up the top benefits and drawbacks of the First Premier Bank credit card. So this should help you make an informed decision as to whether the First Premier bank card can help you.

The First Premier Bank credit card is for people with less than perfect credit.

First Premier Bank Credit Card Pros

1. People With Less Than Perfect Credit are Accepted

As this particular card targets people who want to build their credit, it has less strict qualification requirements. The First Premier credit card will accept people who have recently filed for bankruptcy or who have lower credit scores. This is a plus because you can use this card to begin rebuilding your credit after bankruptcy. However, you do have to use this card responsibly and make every payment on time. If you can’t do this, it defeats the purpose of the First Premier card.

2. Monthly Credit Bureau Reporting

The First Premier card reports to all three credit bureaus each month. This is an essential step when it comes to building your credit. By making on-time payments each month, you’re building a history of responsible use. This will help increase your credit score slowly but surely each month that you’re on time.

3. Widely Accepted

When you get a credit card, you want the ability to use it at many locations. The First Premier Bank credit card allows you to do this. Any vendor that accepts MasterCard will accept this card by First Premier. You can use it online or in-person for dining, shopping, groceries, gas, and much more. You’ll get the most of out of your card, and it helps to build your credit.

4. Fast Approval

For an easy online application, try the First Premier credit card. Go to the website and input your relevant information and hit submit. Most people will find out if they qualify within 60 seconds. This card looks at your current credit score and history to decide your eligibility.

5. Increase Your Credit Limit

Use your First Premier Bank credit card responsibly for 13 months, and become eligible for a credit increase. This will let you purchase larger ticket items. It’ll also let you spend more in general. However, you still want to keep a tight reign on your spending habits. Never spend more than you can afford to pay off. Ideally, you want to bring your balance to $0 each month.

6. Free Email or Text Alerts

First Premier Bank makes it very easy to monitor your card in real time. They offer free text or email credit card alerts for a variety of things. You can set an alert for purchases over a certain dollar amount, payment due dates, and much more. This allows you to protect yourself against identity theft better. So you’ll know sooner if someone used your card without your permission with these alerts.

7. Credit Protection

You can opt-in for additional credit protection for a fee. First Premier Bank does this to protect cardholders in case of an emergency. This program may cover disability, unpaid family leave, unemployment, loss of life, and hospitalization. There are restrictions, but this is a huge benefit if something were to happen.

First Premier Bank Credit Card Cons

1. High APR

Since this card is for credit building, borrowers are higher risk. Lenders protect themselves by charging a higher APR with these types of cards. First Premier Bank is no different. The First Premier Bank credit card has an APR of 36%. This rate adds on to any balance you have each month, and for any cash advances you may take out.

2. Credit Limit

Again, as this card is meant to help someone rebuild credit, it’s more restricted. You have to demonstrate responsible use before you get a higher credit line. First Premier sets the typical credit limit at $500 or lower. However, once 13 months is over, you can apply for a credit increase.

3. Security Deposit

Once First Premier Bank approves you for this card, you’ll need a security deposit. The security deposit amount depends on your overall creditworthiness. If you have a lower credit score or a recent bankruptcy, expect to pay a higher security deposit. This is another example of First Premier protecting itself from missed payments or a complete default.

4. No Rewards

The First Premier bank card is a credit building tool; this MasterCard is not a reward credit card. It’s a pretty basic card that doesn’t come with a lot of extras. So there are no rewards and no rewards program associated with this card. This makes it easier to focus on rebuilding your credit. You won’t have to try to balance keeping track of rewards with everything else.

5. Fees

The First Premier Bank credit card comes with several fees. These fees vary, and they depend on your credit score when you applied. The lender charges a one-time program fee to your account when you open it. You’ll also pay an annual fee, and this depends on your credit score as well.

First PREMIER® Bank Credit Card Bottom Line

Although the First PREMIER® Bank credit card comes with setbacks, it is a solid option to help rebuild your credit. This MasterCard is an ideal credit card if you have less than perfect credit. You just have to focus on paying your balance off each month and pay on time. Rebuilding your credit isn’t an instant process, and it takes work. You may have setbacks, but the rewards are worth it. When you’re looking for credit building cards, remember to look at the First Premier Bank credit card. It may fit into your lifestyle perfectly.

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