Thursday, December 1, 2011

This week's top story: American Airlines: Your miles are safe

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More credit card news | Credit card help | Credit card videos | Credit card statistics December 1, 2011
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CreditCards.com's weekly newsletter features the latest consumer information and updates from the leading source of credit card news.
 
Top credit card stories

Bankrupt American Airlines says flier miles are safe
If history offers any guide, the 69 million members of American Airlines' frequent flier program shouldn't fret about losing their miles following Tuesday's bankruptcy filing by the airline's parent company. More... 
Debit vs. credit: the battle for your wallet
Pay with debit and retailers are happy because it saves them money. Bankers, however, hope you use a credit card. But which is best for you? More... 
Why your credit report matters more than your score
Focusing only on your credit score is like focusing only on your cholesterol number -- it's important, but not as important as how you got there. More... 
8 tips to keep card info safe when shopping online
There are Webby tricks to learn, but the ideas are the same as at the mall: Keep your wallet safe and stick to places you know and trust. More... 
Hackers threaten banks with 'Robin Hood' data breach
Two groups of hackers say they are joining forces to steal card numbers from major banks to charge donations to charities and protest groups. More... 
Expert credit card advice

Can wages be garnished before a court date?
'To Her Credit' expert Sally Herigstad
If you've been served for past-due debt, don't wait to respond or you may find your wages garnished before you show up in court. More...
 
How young is too young to build credit?
'Opening Credits' expert Erica Sandberg
To build a strong credit history for his child, a parent wonders if adding his newborn as an authorized user to his card is a good idea.
More...
 
If student loans are due, be wary of new credit
'Credit Care' expert Kim McGrigg
With a $14,000 student loan coming due, a reader questions whether getting a new department store credit card was wise.
More...
 
I have a card; can I still get a sign-up bonus?
'Cashing In' expert Cathleen McCarthy
A cardholder wants to upgrade to a new card with a great sign-up bonus. Will he lose his old card's points in the process? More...
 
More credit card news

Infographic: Business card delinquencies falling
Propelled by the recession, delinquency rates for business cards skyrocketed in 2008 and 2009, but things are changing. More... 
Don't false start your holiday shopping
You may be raring to go to the mall or the online shops, but you shouldn't go if you haven't yet set a budget. More... 
Get matched with the right credit card
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Credit card rate report
(as of 12-1-2011)
National Average   14.99%
Business   13.13%
Low Interest   10.73%
Balance Transfer   12.77%
Cash Back   14.70%
Reward   14.70%
Bad Credit   24.96%
Airline   14.44%
Student   13.77%
Instant Approval   15.99%

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