Does Discover Have a Credit Card that is Designed for Travelers

Discover does offer a travel credit card and the credit card is Discover it Miles. With Discover it Miles, you can earn 3x miles on each dollar spent on all purchases in the first year. The first 1.5x miles will be immediately credited when you use the card to make a purchase. The other 1.5x miles will be credited at the end of the first year if you promptly make repayment. From the second year onward, you will only earn 1.5x miles on all your purchases.

Miles can be redeemed for a statement credit for travel related purchases. Examples of travel related purchases are airline tickets, hotel room, car rental and travel agents. You don’t have to exchange the miles for a statement credit. They also allow you to convert the miles that you accumulate into cash back. There is no minimum redemption requirement. If you have some miles left over after using the miles to get discount for the travel purchases, you can request it to be directly deposited into your bank account.

One of the advantages of Discover it Miles is that you don’t need to pay any annual fee. They understand that cardholders can forget the due date for the first time they use the card so they have waived the penalty fee for the first late payment. Discover it Miles card is accepted by airlines and hotels around the world.

Discover it Miles allows the cardholders to temporarily freeze the account via the on/off switch. The on/off switch not just prevents new purchases from getting charged but it also prevent cash advance and balance transfer. It offers free in-flight Wi-Fi that is worth at least $30. The in-flight Wi-Fi can come in handy when you need to search something on the internet on the plane.

Discover it Miles features a zero percent intro APR for the first 14 months for purchases only. The 14 months zero percent intro promotion makes the card suitable for funding an expensive vacation. For balance transfer, they offer a reduction in the APR interest rate to 10.99% during the first 14 months. The APR interest rate that will be charged to you after the introductory period is in between 11.99% – 23.99%.

Overall, Discover it Miles is great for people who want to earn unlimited miles without having to keep track of the rotating categories that change every quarter. It earns cash back on all purchases so you can use the card not just for travel related purchases but also on paying your monthly bills. The minimum credit score that you need to have to qualify for a Discover it Miles credit card is 690 which is above the minimum fair credit score rating.

Top Gas Rewards Cards to Consider This Year

Gas rewards credit cards can help you to earn cash back rewards if you frequently commute with your car and buy gas at the US petrol stations. Using the card enables you to have a lot of gas savings. The following are 6 cash back rewards cards that offers gas cash back rewards.

1. BankAmericard Cash Rewards
BankAmericard Cash Rewards is a great cash rewards card that offers 3% cash back for gas purchases Additionally, you can also get a 2% cash back rewards in grocery and wholesale clubs. Other categories of spending will be eligible for 1% cash back. You can continue to earn cash back for up to $2,500 in every quarter. The card offers a customer loyalty bonus where you will be rewarded with a $100 cash back after spending $500 within 90 days.

2. Blue Cash Preferred Card

Blue Cash Preferred Card offers 3% cash back when you pump petrol for your car at the local gas station. The card also offer a 6% cash back for up to $6000/year for your expenses at US supermarkets. You get 5% cash back on all travel related expenses for up to $4,000 within 6 months, which is equivalent to $200. The cash back that you earn can be exchanged as a statement credit. If you spend 1,000 in 3 months, you are eligible to redeem a $250 cash back in statement credit.

3. Costco Anywhere Visa card
Costco Anywhere Visa card offers 4% gas cash back rewards for up to $7,000 during the first year. You will earn the same 4% gas cash back when you buy gas at Costco or other petrol stations. It offers a 3% cash back for restaurant and travel expenses. The cash back that you earn can be exchanged for Costco vouchers.

4. PenFed Ultimate Cash Rewards Visa Card Plus

PenFed Ultimate Cash Rewards Visa Card Plus allows you to earn 5% cash back everytime you pump petrol at a US petrol station. The card also offer cash back rewards on other categories including 3% for supermarket expenses and 1% on other expenses. To qualify for the cash back rewards, you must have a checking account with at least $250 in balance.

5. Discover it Chrome

Discover it Chrome offers 2% cash back on purchases at gas stations and restaurants based in the USA for up to $1,000 of combined purchases. The card is suitable for you if you spend $1,000 on gas purchases. Discover it Chrome will automatically double the cash back rewards. The card has no annual fee and foreign transaction fee. Its APR free introductory period will expire after 12 months.

6. Wells Fargo Propel 365 American Express Card
Wells Fargo Propel 365 American Express card allows cardholders to earn unlimited 3% cash back gas rewards. Besides, you can claim a 2% cash back for spending at US restaurants and 1% cash back for everything else. The card is rewarding customers who spend $3,000 within 3 months with 20,000 points, which is equivalent to $200. During the first year, you don’t have t pay the $45 annual fee.

Top Rewards Credit Cards that Citigroup Offers

Citibank offers many rewards cards that allows you to earn points through the ThankYou points rewards program. All Citi credit cards are equipped with chips and accepted at the automated teller machines (ATM). The following are the 4 top rewards credit cards offered by the Citigroup.

1. Citi Double Cash Card
Citi Double Cash Card will rewards you with 2% cash back on all your purchases. The first 1% cash back is instantly credited into your account when you make a purchase and you only receive the other 1% cash back when you have repaid your bill in full. It does not have any limit on how much rewards you are able to earn. The points that you earn are redeemable with a check, statement credit or gift card. It comes with an 18 months zero percent APR introductory period. You don’t have to pay an annual fee to keep the Citi Double Cash Card. The card has zero late fee or penalty APR for miss payments which makes this card much better than other cards.

2. Citi ThankYou Preferred Card for College Students

Citi ThankYou Preferred Card for College Students is a rewards credit card suitable for college students. You can earn 2 ThankYou points every time you spend money in the dining and entertainment categories. If you spend money on other categories, you will earn only 1 ThankYou point. You can earn 2,500 bonus ThankYou points if you manage to spend $500 within 3 months. The ThankYou points that you have accumulated can be used for paying bills or redeem a gift card. You can also redeem the points with cash or other types of goods.

3. Citi ThankYou Premier Card

Citi ThankYou Premier card allows cardholders to earn points through the ThankYou Points reward program. Cardholders who managed to spend at least $3,000 within 3 months will get to earn 40,000 bonus points. The points that you earn can be used to redeem various types of rewards including gift cards and airfare. Citi ThankYou Premier card is suitable for people who travel a lot because the card allows you to redeem travel rewards. It is ideal for people who buy their travel tickets with Airbnb and Uber.

4. Citi Prestige

Citi Prestige allows you to earn ThankYou points when you spend money in different categories of purchases. For example, you can earn 3 ThankYou points in air tickets and hotel reservation. You are rewarded with 2 ThankYou points when you dine out at a restaurant or buy movie tickets. All other categories of purchases are rewarded with 1 ThankYou point. You get 50,000 bonus if you spend at a minimum of $3,000 within 3 months. Citi Prestige does not charge foreign transaction fee but it has a hefty annual fee of $450. You should sign up for the Citi Prestige card if you regular travel around the world or you want a card that offers travel and entertainment rewards. The Citi Prestige card also come with a 24/7 concierge.

What Credit Card Promotions Offer the Best Travel Concierge Programs

Travel concierge services can help people with a hectic schedule to save a lot of time. You can request them to help you in anything that you don’t have time on. There is an online form that you can use to fill in your requests and they will get back to your request within 2- 3 hours. The following is the top 4 credit cards with the best travel concierge programs.

1. BankAmericard Travel Rewards Credit Card

BankAmericard Travel Rewards Credit Card gives cardholders access to 24/7 concierge services. You can enjoy bonuses such as room upgrades, free WIFI connection, and free breakfast. The card can be used at more than 800 hotels around the world and it provides lost luggage travel protection. The card does not have any restriction for use on websites that have blackout dates.

It offers a rewards programs that allows you to earn 20,000 bonus points if you spend at least $1,000 within a period 90 days from the time you open the account. You earn a flat 1.5 points for every dollar spent on all categories of purchases. The 20,000 bonus points can be used for redeeming a statement credit that is worth $200. BankAmericard Travel Rewards Credit Card does not have any annual fee and you won’t have to pay foreign transaction fees when you shop overseas.

2. Bank Skypass Visa Signature Card

Bank Skypass Visa Signature Card is a travel rewards credit card issued by the US bank. The card offers a 1.5% rewards rate for customers who spend at least $1,000 on buying Korean air tickets every month. The spending bonus only applies to the first 3 months after the account opening. The card is deal for people who want to maintain their Morning Calm Membership. The card provides concierge service for travel and entertainment for 24/7. The card has an expensive annual fee that is $80. It does not charge any fee on foreign transaction. U.S. Bank Skypass Visa Signature Card is suitable for people who regularly fly with the Korean Air.

3. World MasterCard

World MasterCard allows you to earn 2 points every dollar you spent. You can redeem the points that you have accumulated with travel ticket costs no matter the booking date and the holiday destination. It features a 24/7/365 MasterCard Airport Concierge program. Through the MasterCard Airport Concierge services, you can make arrangement for an airport concierge at more than 450 airports around the world.

4. World Elite MasterCard

World Elite MasterCard allows you enjoy many different perks. For example, you can check into your room early. Free breakfast is provided every morning when you book the hotel with the card. You also get access to the amenities within the hotel for free of charge such as spa. World Elite MasterCard comes with a 24/7 concierge assistance. You can take advantage of the concierge service for any difficult task, for example book a table at a restaurant where it hard to secure a reservation. The card is protected with the MasterCard ID Theft Protection.

Choosing a Cash Back Credit Card, Compare the Perks of DiscoverIT and American Express Cash Rewards

Both the Discover It card and Blue Cash Everyday Card from American Express offers cash back rewards programs that let you earn rewards from everyday purchases such as gas and grocery. The following is a comparison of the rewards program of Discover It and American Express Blue Cash Everyday Card.

Discover It allows you to earn 5% cash back in certain rotating categories. For example, from January to March, you can earn 5% cash back when you buy gas or hire a ground transportation for example airport shuttle. From April to June, you will get rewarded with 5% cash back when using your card to dine at a restaurant or buy movie tickets at the cinema.

You are entitled to earn 5% cash back rewards when you shop at DIY/home improvement store or buy things from the Amazon online store in between the period of July to September. The 5% cash back bonus is applicable on your credit card spending of up to $1,500. all other categories of purchases that you spend on your Discover It card will be rewarded with 1% cash back.

Discover It is offering a matched bonus for new credit card signups. This means that you will get the same amount of rewards you earn last year credited into your account at the start of the next year. Discover It card offers a 1 year 0% introductory period, after which you will be charged with an interest rate of between 11.24% – 23.24%. The card does not have any foreign transaction fee or annual fee.

On the other hand, the American Express Blue Cash Everyday Card offers 3% cash back when you shop at any supermarket in the USA.
The 3% cash back is available for a spending limit of up to the first $6,000. Afterward you passed the $6,000 spending level, the cash back percentage that you will get for shopping at the supermarkets in USA is 1%. Using the Blue Cash Everyday Card to buy gas at the petrol station will earn you 2% cash back rewards.

You also get to earn 2% cash back for shopping at selected department stores in the USA. The American Express Blue Cash Everyday Card offers up to $300 cash back and this offer will come to an end on the 15th of June 2016. You can earn a cash back of up to $100 in statement credit if you manage to spend $1,000 within a period of 3 months of the account opening. You will enjoy 0% intro APR for the first 12 months period and there is no annual fee. After the 12 months introductory period, the cardholder will be charged the normal interest rate that ranges from 13.24% – 23.24%.

From the above comparison, you can see that the Discover It card is better because it offers a higher level of rewards and it has lower fees. The American Blue Cash Everyday Card is also a great cash back card for people who are able to pay the balance in full by the due date.

Chase Slate is a Great Offer for a Balance Transfer Credit Card in 2016

Chase Slate is a balance transfer card designed to help people to eliminate their credit card debts quickly. The card is affiliated with the Blueprint program that aims to assist you to making plans to pay off all your debt within a period.

Chase Slate will not charge you any balance transfer fee if you transfer your existing debts into the card within the time frame of 60 days after your account is opened. If you transfer the debt after 60 days, you will be charged with a 5% fee or a minimum of $5. The 5% fee can be significant if you want to transfer a large amount of debt. So, if you want to cut down costs, you must remember to transfer the balance in the first 60 days.

Chase slate offers 0% APR during the 15 months introductory, that is more than 1 year for you to pay off your debt. After the introductory period, you will pay the normal APR rate. Chase Slate offers variable APR rates including 13.24%, 18.24%, and 23.24%. The card is cost effective for settling your debt because it does not charge any annual fee. Besides, the card also does not charge any penalty APR rate. This means that the APR rate won’t increase if you pay late or miss a payment. The Chase Slate card also does not charge any APR when you purchase things during the introductory period.

Chase card also offer free monthly FICO score for customers and you can check the credit score can online. It will show a summary of your credit report so that you can manage your credit score better. The free FICO score allows you to conveniently see how your score has improved over time as you continue to pay off your credit card debt.

To transfer your balance with Chase Slate, you will need to get the account number and the amount of balance you owed on the card. You can transfer the balance by calling the customer service number located behind the credit card. The representative will ask you a few security questions before asking you for the card number and debt amount. Alternatively, you can transfer the balance online through online banking. Chase allows you to transfer up to $15,000 from other credit card accounts in a period of 30 days. When you are transferring the balance, make sure the terms match with the offer for example 0% fee and 0% interest rate during the introductory period of 15 months.

In summary, Chase Slate is suitable for people who are confident that they can pay off their debt in 15 months. You must create a plan to clear up your debt by the end of the balance transfer so that you can prevent paying the high interest charges.

Why 0% Balance Transfer Are A Great Way to Improve Your Financial Outlook In 2016

Paying a high interest rate on your credit card balance can eat away at your finances, especially if you have a large credit card balance. However, it may be hard for you to wipe off your credit card debt if a large part of your finances is going towards paying off your interest rather than paying off the principal balance on the card. In order to get yourself out of this situation, you can opt to transfer your credit card balance to a card that charges a 0% interest on your card balance. This will help to improve your financial outlook in 2016 in several ways.

Getting a 0% balance transfer is advantageous because it shows that you have a good credit score. Often, people with a bad credit score are not approved when they apply for the cards. If you have a bad credit core but you would still like to take advantage of this offer, the best way to get around this is by adding one of your friends or relatives as a co-signer on your card.

Carrying out a balance transfer will make it much easier for you to keep track of your credit card debt. This is because you can transfer balances from multiple cards to one card. This means that you can just focus on clearing the balance on that card, rather than trying to keep up with paying balances on multiple cards. This will be less stressful for you.

Having the card will cap your spending. This is because most card issuers will discourage you from using your new card to make new purchases. If you go ahead and use the card to make purchases then you will be charged a regular interest rate for the purchases that you make using the card. Not making any new purchases will help you to spend less and get out of debt faster.

You can take advantage of the 0% balance transfer offer to clear any high interest credit card balances that you have. It would be especially great if you can get a balance transfer with a 0% transfer fee or a transfer fee that is as low as possible. Make the balance transfer if you are planning to clear your credit card balance before the 0% interest free period is over.

You can take advantage of balance transfer to get yourself out of a financial jam. If you find yourself in a bad financial situation, you can use your regular credit card to pay for the expenses and then transfer the balance to a 0% credit card. This will give you ample time to clear the balance and get yourself out of a bad financial position. Just remember that you have to be responsible and organized, so as to pay off this balance before the interest free period is up.

Citigroup makes the double cash back credit card easier to obtain for consumers with good credit scores

Ever secretly wished the cash back on your credit card was bigger? Well, with the new credit card from Citigroup, it’s possible, but only if you have good credit card score. Bumping the cash back up to 2% across all purchases, the Double Cash credit card, for example, will surprise you with the highest cash back reward. This is great news for consumers who are searching for high rewards rate which iwill not be complicated to obtain and use. A 2% rewards rate, makes the Citi Double Cash one of the most popular credit cards today.

This card has a new earning structure, which lets you rack up 1% back on all your purchases, but then an additional 1% when you pay your monthly debt off. Moreover, there’s no boundary as to the rewards you can earn, so you can earn unlimited 2% cash back every month.

This is how this structure works:


You’ll receive 1% cash back per every dollar spent
You’ll receive an extra 1% cash back per every dollar you pay off
You’ll benefit from a $0 annual fee

This is really a high rewards rate that is worth considering. Taking for granted that you pay off your balance in full every month, you basically get 1% back twice. That’s one of the highest current rewards rates on the market. Honestly, there are many competitive and attractive credit cards that offer similar cash back program, however, most do not offer a zero annual fee.

Since we have always been advocates of accountable credit card use, it’s nice to see a card that provides an incentive, or a bonus, to liquidate your charges in a timely manner. Even though you can pay back your balance over time and still earn the 1% cashback, the faster you pay off, the faster your rewards are acquired. As we have already mentioned, there are no limits to rewards earnings, all the Citi Double Cash Card’s rewards are truly limitless. The only limit to keep in mind is your ability to pay off your debt at the end of the month.

We personally reviewed the pro’s and con’s of this credit card and fell in love with the 2% cash back rate and zero annual fees. The only cons worth mentioning however, are:

Unusually high interest rates, making it highly inadvisable to borrow on this card.
High foreign exchange fee of 3%, making it inadvisable to use the card abroad.
Not only you have to pay off on time, but you also have to pay your debt in full to benefit from the full 2% cash back and at the same time not lose money in paying high interest.

Who should consider the Citi Double Cash Card?
Taking into account everything mentioned above, the new credit card from Citigroup is a fantastic choice if you’re looking for a card with a higher cash-back rewards system, if you have a good credit card score, and are confident, you can pay off your card every month.

Sometimes Juggling Credit Card Debts Leads To Bad Financial Lifestyles

Millions of Americans took advantage of special zero interest promotions during the holiday shopping season. Many of these cards were offered by major retailers, but just as many were offered by the major credit card companies in 2015, and the trend continues today. These cards tend to promote heavy spending on these cards, want that brand new 60 inch TV? No problem simply swipe your card, hey it’s zero interest whats the harm right? Yet these cards often come with hidden unforeseen problems. People should be cautious before signing up.

These cards work by offering a no interest period. If you pay off your balance before this period ends you will in fact have zero interest owed. Yet buried in the contract is always a provision stating that if you do not pay off your balance in full before this promotional period ends you will in fact be hit with deferred interest rates. This happened to me with Pay Pal Credit, I waited to long to pay it off and owed over $240 dollars in interest on my “promotional zero percent interest purchases”. This can easily happen to anyone. It is oh so easy to simply swipe your card and not pay attention to the overall balance owed.

To avoid this problem you should not be pressured at the cash register to sign up for these promotions, and if you are reviewing an online application for a credit card offering this promotion, you should first consult your budget. You will need to pay back anything you charge on these type of credit card offers by the end of the promotional period, and this is where your budget comes into play. You need to first figure out before spending if you can indeed pay it back within the allotted time. If you cannot pay back this interest before the promotional period ends, you then need to ask yourself if you can live with the interest rate that you WILL be charged. If you cannot afford this interest or the idea of being hit with said interest leaves a sour taste in your mouth you still have options. You can always apply for a credit card with more reasonable interest rates and bypass these promotional offers all together.

These promotional offers however can be useful. They can allow you interest free financing of a large purchase. The key to making it work is to use your budget and figure out a monthly payment that works for both you and your budget. If you can figure out a repayment plan that will have your debt paid off by or before the promotional period ends, then you know that this type of promotional offer will work for you.

If you cannot repay the debt before the promotional period ends, this is where the real problems begin. For one you get hit with a huge lump sum interest payment. This interest will in turn accrue more interest if not quickly paid off. If you had trouble paying it off during the promotional period, it stands to reason that the now even bigger debt will take even more time to pay off, resulting in more interest. If you do happen to find yourself in this trap you could try for a credit card balance transfer to a credit card that offers a promotional zero percent interest on credit card balance transfers. Yet this is only a temporary respite from your current problems, you will now be back where you started from as these offers to have a time limit on repaying the debt or you again get hit with more interest at the end of this new promotional period.

Easy Tips To Follow For Saving Money In 2016

Great tips for saving some extra cash in 2016

All of us wish we could save or save more money than we already are, but it just seems to be so difficult in today’s economy to put anything away and not feel like we are going without things we consider “necessities” in life. But if we are really truthful, many of things are “necessities” at all, but little luxuries that we enjoy, however, if we gave them up or even just didn’t have them as often, we would find that we had that extra money to save.

Another easy way to save money is with grocery shopping. Check out your grocery store’s weekly circular and see what is on sale. Check out the coupons in your Sunday paper and see if anything there is something you can use. One of my favorite parts of grocery shopping is that my store receipt tells me how much I saved at the bottom. You might be surprised how good that can feel when you shop smart and save the same amount you spent. Certainly, there are things that are more expensive, but I simply must have, but I find other things to save on to make up the difference, and when it comes to grocery shopping, there isn’t much I go without. My house almost always has fresh fruits and vegetables and quality meats. Think about things that are on sale that freeze well, or dry goods that last. When the store has a great sale on those items, stock up. Butter recently went on sale in my local grocery store for $1.99 a pound after months of being twice that price or more. I knew the holidays were coming, and I would be doing a lot of baking. Butter freezes excellently, so before Thanksgiving, I had twelve pounds of butter in my freezer. The trick is don’t stock up on something just because it is a good buy. I know I will use that butter and none of it will go to waste. I don’t buy anything in bulk that will go bad before I use it, or that I don’t use much of.

Now, I know these days, smoking is a touchy subject with most, and a great number of people would tell you how much you could save if you would just quick smoking. Problem is that those people usually don’t smoke and think it’s an easy thing to do. It’s not easy, and for some people, there is just no desire to quit. However, there is a way to save a small fortune on the cost of smoking. Roll your own (RYO). Depending on where you live you might have shops that sell all the supplies at reasonable prices. If you are like me and don’t live in one of those areas, then there is always ordering on line. Invest in a decent machine, and then find an online shop that has good prices and is reliable with their shipping. The machine will pay for itself with your first batch of RYOs, again depending on where you live (like in New York City, I’ve heard cigarettes costing as much as ten dollars a pack), the money you save is substantial. With a good machine, you can make your own pack in less than 15 minutes and the cost of that pack? Two dollars or less. If you are a smoker, that’s a huge savings, so if you aren’t willing or ready to quit, take advantage of the amount money you can save by rolling your own.

That’s just three ways of saving a decent amount of money without really feeling like you are doing without the things you need or want. I got you started, now if you set your mind to it, I’m sure you can find even more ways that fit into your life to save money.

For the top money saving and credit card offers in 2016 stay tuned to our editorial team for great articles on reducing debt and paying down bills.