Thursday, February 28, 2013

This week's top story: Credit limit tricks to keep a high score

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More credit card news | Credit card help | Credit card videos | Credit card statistics February 28, 2013
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The latest news and advice from CreditCards.com.
 
Top credit card stories

Credit limit trick: Know 'snapshot' date
Forget the oft-repeated axiom about keeping card balances below 30 percent of your credit limit. Just know your monthly credit "snapshot" date to keep your card balances low and your credit score high. More... 
How wage garnishment works and how to avoid it
Garnishment, a last-ditch effort to collect debt, can result in a court order seizing your wages and draining your bank accounts. More... 
FTC sees surge in tax refund theft
A surge in tax refund rip-offs solidified identity theft as the top consumer complaint in the Federal Trade Commission's annual list. More... 
Compare cards' extended product warranties
Most cards offer warranty extensions, but you have to meet a laundry list of requirements first (Hint: Keep your receipts). More... 
Expert credit card advice

When being an authorized user isn't worth it
'To Her Credit' expert Sally Herigstad
A 27-year-old with poor credit is only hurting her score more by being added to her mom's card with a really high balance. More...
 
Soon-to-be college grad seeks adult plastic
'Opening Credits' expert Erica Sandberg
Graduating from college means new beginnings and responsibilities, including retiring student cards and getting grown-up plastic. More...
 
Getting your tax data from a closed account
'Your Business Credit' expert Elaine Pofeldt
Banks may cancel credit cards for many reasons, but no matter what, you're entitled to the information you need to file your taxes.
More...
 
Best reward cards for priority boarding
'Cashing In' expert Cathleen McCarthy
Most airline cards offer "priority boarding," but that early-bird perk still won't put you first in line.
More...
 
Blogs and videos

Jesse Jackson's demise came via credit card
Here's how U.S. Rep. Jesse Jackson Jr.'s political career unraveled, thanks to a credit card -- and a Rolex, home renovations and celebrity memorabilia. More... 
Video: The future of plastic
Credit cards have been made of plastic for decades. But as cards evolve, new payment products could give plastic a run for its money. More... 
Get matched with the right credit card
CreditCards.com CARDMATCH

Credit card rate report
(as of 2-28-2013)
National Average   14.95%
Business   13.13%
Low Interest   10.29%
Balance Transfer   12.59%
Cash Back   14.13%
Reward   14.75%
Bad Credit   23.64%
Airline   14.63%
Student   13.16%
Instant Approval   15.49%

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