Is Visa Signature Better Than Platinum?

The Visa Signature line was first launched over a decade ago, originally touted as a premium credit card tier for the affluent. However today, this tier is being offered on an increasing number of mid-level, average cards. Furthermore, many banks are switching their existing cardmembers over to the Signature level whether the customer wants it or not. Why is this happening? Is the Visa Signature truly better than Platinum? What makes it different? You've probably seen those frequent (...

How Do Balance Transfers Work

The thing that you see in your mailbox this morning that states “0% interest, credit card offer” may actually be a lot more troublesome than you think. If you’re a long time credit card holder, you might as well be more familiar with the term “balance transfer”. But if you’re just a beginner in the field, don’t be surprised if the first thing you see, when you wake up in the morning, is a messed up credit card bill on your mailbox. If you are not sure what to do, you might panic. How can y...

5 Ways to Leave University Debt Free

In order to survive university with all your finances in tact, you need to take control (and more importantly stay in control) of your money. Far too many students are completely unaware of their financial situation at any given time, in fact according to recent figures 1 in 3 students don’t know how much money they have at any given time. To the frugal among us, this begs the question - how on earth do they know how much they are able to spend? The simple answer is they don’t and here in lies t...

Credit or Debit? Which Card Makes More Financial Sense?

We’ve reached a stage where our lives are dominated by pieces of plastic – credit cards are a regular feature of every transaction and purchase. Some people swear by it, but others are wary as it ends up putting them in a deep hole of debt. The latter prefer debit cards which work a little differently but which are able to keep you out of debt because you need to have money in the bank to use them. Credit or debit, both cards have their pros and cons, and how you choose to use either depends on ...

Credit Cards vs Debit Cards – A Comparison

In recent times, there has been an increased popularity with in the number of people opting for plastic money. Basically, plastic money can be broadly divided into two different categories that include debit cards and credit cards. In this regard, many people often get confused with which type of card to opt for. Mentioned below are some of the basic differences between these two card types. 1. The most important difference with respect to debit and credit cards lies in their definition itse...

How To Secure Your Credit Card – An Overview Of Credit Card Security Features

The most important aspect that discourages customers from opting for a credit card is its vulnerability to a variety of scams. Although, recent technological advancements have ensured that the transaction process using a credit card is secure, it is not entirely safe. Another interesting fact is these numbers are continuously increasing with increased credit card usage. So as to ensure a more secured credit card transaction and prevent the occurrence of identity thefts, card issuers are now impl...

Offer to Switch Citi Dividend to World Mastercard

Today I received a phone call from Citi welcoming me to the new Citi Diamond Preferred Rewards World Mastercard. They stated that my old Dividend card will automatically switch to the new card if I do nothing by June 30, but that I can keep my old card if I want. Others have received the same offer, and I found some good discussion about the topic at Fat Wallet. Many people are rejecting the offer. One of the reasons being that the new card has no credit limit, which can hurt your credit s...