What’s the best credit card for me?

cards225Everyone wants to know what the best credit card is, but nobody wants to hear the real answer: there is NO best credit card, only the best credit card for you. Consider:

  • If you have a balance on your credit card, the best card for you is the one with the lowest interest rate.
  • If you pay your full balance every month, the best credit card for you is a rewards credit card, BUT…
  • The best rewards card for you depends on… you. Do you want airline miles, cash back or gift cards, points toward merchandise rewards, or some other rewards scheme?

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Best Cash Back Credit Cards

Updated February 23, 2018 – Our favorite type of reward card is one that gives you a rebate in cold, hard cash. Sure, it’s nice to get travel rewards or gift cards, but in our book the best option is to get cash back you can use any way you want. Below we list the best cash back credit cards currently on the market, all offering at least 1% cash back, but usually more.

  • Citi Double Cash Card – Offers the chance to get 2% cash back on your purchases — you get a 1% cash rebate on all purchases, then a 1% rebate on the payments you make on those purchases, for a 2% total overall if you pay off your card each month. (Note that you don’t get any rebate on interest charges or late fees when you pay those off.).
  • PayPal Cashback MasterCard – Get 2% cash back on all purchases with this card. If there’s a catch here, it’s that your 2% in rebates gets deposited into your PayPal account, where you can either use it from that account or have it transferred to your bank account.

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QVC Credit Card Payment, Login, and Customer Service Information

qvc-credit-cardUpdated February 23, 2018 – If you are a holder of the QVC QCard credit card and want to make a payment online or by mail, or need customer service help, you will go through QVC’s issuing partner, Synchrony Bank (formerly known as GE Capital Retail Bank). All of the info you’ll need is below:

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Lowe’s Credit Card Payment, Login, and Customer Service Information

Updated February 22, 2018 – Most Lowe’s credit cards (other than the Business Rewards American Express) are issued by Synchrony Bank, and it is Synchrony Bank you will interact with in order to pay your bill online or by mail, or to get customer service help. Below you’ll find the info you need to do any of these things:

  • To log in to your Lowe’s credit card account online and make a payment, click here.

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Unsecured Credit Cards For Bad Credit or No Credit

bad-credit-225Updated February 21, 2018 – If you have bad credit and want a credit card, it’s difficult to be approved for an unsecured credit card with no deposit required. The list below, however, features unsecured credit cards to consider even with bad credit. Approval is not guaranteed, but these are cards that either work with average to poor credit people, or have been rumored to give a second chance to those with bad credit.

  • Indigo® Mastercard® for Less than Perfect Credit – Pre-qualify today without an impact on your credit score. Helping consumers with limited or damaged credit make a fresh start for over 12 years. Prior bankruptcy is OK. Account history is reported to the three major credit bureaus in the U.S. ++
  • Credit One Bank® Unsecured Visa® for Rebuilding Credit – See if you Pre-Qualify without harming your credit score. 1% cash back on eligible purchases, terms apply. No deposit requirements and opportunities to build your credit. ++

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Toys R Us Credit Card Payment, Login, and Customer Service Information

toys-r-us-credit-card225Updated February 21, 2018 – The Toys R Us / Babies R Us credit cards are issued in partnership with Synchrony Bank (formerly GE Capital Retail Bank), and it is Synchrony Bank that you will deal with when it comes to making payments online or by mail, or for customer service help. The information below will help you accomplish any of these tasks:

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Best Zero Interest Credit Cards

zero-percentUpdated February 20, 2018 – Below is our ranking of the best no-annual-fee credit cards that offer zero percent interest rates on new purchases AND balance transfers for at least 12 billing cycles. After the zero percent period the rate changes back to the higher, “normal” rate offered by that card. Most 0% balance transfer offers do include a balance transfer fee.

  • BankAmericard MasterCard – You get a 0% interest rate on purchases and balance transfers for 15 months with this card, and you pay no balance transfer fee if you transfer that balance in the first 60 days. (Balances transferred after 60 days would have a 3% fee attached.) After the 0% period is over, your interest rate may be anywhere from 13.24% to 23.24% depending on your credit history.
  • Amex EveryDay Credit Card – Offers a 0% interest rate on purchases as well as balance transfers for 15 months and NO FEE on balance transfers. APR after 15 months: 14.24% to 25.24% depending on your credit.

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Eddie Bauer Credit Card Payment, Login, and Customer Service Information

Updated February 20, 2018 – The Eddie Bauer credit card is issued in partnership with Comenity Bank. You will be dealing with Comenity Bank when it comes to paying your Eddie Bauer credit card bill online or by mail, or if you need customer service help. Info on completing any or all of these tasks is below:

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Total Consumer Debt Statistics

Updated February 19, 2018 – Below are basic consumer debt numbers for the past 20 years, as reported by the Board of Governors of the Federal Reserve System, often simply referred to as “the Fed.” These numbers are for total outstanding debt, then broken down by revolving debt (mainly credit card debt) and non-revolving debt (auto loans, student loans, boat loans, etc.). Note that traditional mortgage debt is NOT included in these numbers; mortgage debt is reported separately.)

Current year numbers are reported based on each quarter or month, while past years are reported based on the outstanding debt at year-end:

2017:

  • Most Current, ending December, 2017 (preliminary numbers, subject to later revision): — Total Outstanding Debt: $3.84 trillion, Revolving Debt: $1.03 trillion, Non-Revolving Debt: $2.81 trillion
  • 3rd quarter (ending September 30, 2017): Total Outstanding Debt: $3.77 trillion, Revolving Debt: $1 trillion, Non-Revolving Debt: $2.77 trillion
  • 2nd Quarter (ending June 30, 2017): Total Outstanding Debt: $3.73 trillion, Revolving Debt: $992 billion, Non-Revolving Debt: $2.74 trillion
  • 1st Quarter (ending March 31, 2017): Total Outstanding Debt: $3.69 trillion, Revolving Debt: $980 billion, Non-Revolving Debt: $2.71 trillion

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