Often, consumers are advised to make weekly or multiple payments throughout their credit card billing cycle. However, there’s not much context given with this advice. This could leave consumers tying up their funds unnecessarily. Let’s consider…
In our “Important things to do before applying for a credit card” article, we encouraged credit card applicants to reach out to their prospective credit card issuer and inquire about a few things, including the credit card’s payment grace…
When relating to credit cards, the grace period is the number of days between 1) the end of your credit card billing cycle and 2) your payment due date. During this timeframe, you are typically not charged interest. Luckily, most…
Because credit card issuers all have their own policies, it’s important that you get familiar with your card issuer’s policies before applying for a credit card. What’s the credit card’s grace period? Some consumers probably just…
When shopping for a credit card, you may be put off by the card’s interest rate (also known as APR, or Annual Percentage Rate). However, in some cases, you shouldn’t let the credit card interest rate sway your decision. What…
A secured credit card is a great way for someone to build or rebuild credit if they have a poor credit history or little to no credit history. The main difference between secured credit cards and unsecured credit cards is…
Your credit card issuer sets your payment due date, but you can normally ask for the due date to be changed. Your credit card payment must always be due on the same day each month. For that reason, most credit…