Managing our bills – including our credit cards – has never been easier, thanks to online banking.

Whether through your bank or through your credit card’s website, you can pay your bill and stay on top of your debt without relying on snail mail.

Often times, it just makes more sense to sign up for the credit card management system offered through your credit card, as it will be able to provide you with more information than the bill payment system through your bank.

The Benefits of Online Credit Card Management

In other words, a credit card online management system may allow you to do many things: it may allow you to view your statement; it may allow you to pay your bill online; it may allow you to set up an automatic payment system; it may allow you to request convenience checks; and it may even allow you to ask for a credit increase.

Whatever type of online credit card management system you choose, one thing’s for sure: it sure beats paper statements, checks and stamps any day of the week.

Many people who use credit card management systems may choose to simply eliminate their paper bill each month. Not onl

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Now that banks want to cut back on lending, they’re lowering credit lines for even their most reliable cardholders – and they’re closing unused accounts.

While that might seem OK to you – because you don’t want to use the card and go farther into debt – it really isn’t OK. Your credit score is compiled from many factors, and one of them is the amount of unused credit you have available to you.

Thus, when a credit card account is cancelled, your available credit goes down – and so does your credit score.

The best thing to do – take that card out and use it now and then. And when the statement arrives, pay it in full. That will keep the card active without costing you any money in interest payments. So use it Read full article…

The race is on, or so it seems, to come up with the best mobile phone device for swiping and processing credit cards. Mophie, a manufacturer of accessories for the iPhone and iTouch, has announced that it will introduce a new add-on credit card reader, which enables small businesses to swipe and process credit cards on the spot.

The Mophie reader works through a small device attached to the audio jack of the iPhone or iTouch. The transaction is processed through a special third party application. Mophie is presenting the new device at this month’s Consumer Electronics Show in Las Vegas.

The Mophie announcement comes at the heels of the beta release of Square, Twitter founder Jack Dorsey’s much publicized bid on a portable credit card reader, also to be attached to first the iPhone and iTouch, and eventually to all types of smart phones. In

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Do you like to buy lottery tickets? Using this credit card is even better than buying a lottery ticket, because you don’t have to pay to enter.

Every time you use your American DreamCard™ you get one entry for every $1 you spend – up to 1,000 per transaction. The monthly sweepstakes jackpot grows with the amount of money spent on purchases by the American DreamCard® holders. This is the first and only “Pooled Rewards™” Credit Card.
Of course you don’t have to be a big spender, because just one entry could win, but the more entries the better, so you’ll get 1,000 entries just for applying for this credit card. You’ll get 5 Read full article…

As we get closer to the implementation date of the CARD Act, experts and consumers alike are looking to see what credit card issuers are planning to do next. If the recent test of raising interest rates to 79.9% performed by Premier Bank was any indication then we could very well be at the beginning of what will feel like a very long year.

With many of the most hectic changes occurring within the last quarter of 2009, issuers targeted both those that were in good standing as well as those that were not. During that time cardholders saw major movements in every aspect of owning and using a credit card. These changes included record interest rate increases, decreases in credit limits, the purging of rewards, and huge increases in annual fees among other fees.

So will there be at least one more push by the banks to find ways to make up the revenue that is lost by defaults and charge-offs?

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