The Federal Reserve sharply cut the Fed Funds Rate by 0.75% earlier this week, leading to a corresponding decrease in the prime rate. Most credit card interest rates are tied to the prime rate, so carrying a balance on these cards just got a lot cheaper.
If you don’t have a variable rate […]

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Capital One has launched a series of “No Hassle” mileage cards that award bonus miles for various types of spending.    Instead of earning 1 mile for each dollar spent, you can earn multiple miles for each dollar spent.    There are bonus mileage cards for Gas Purchases, Travel & Entertainment, Travel & Gas, Electronic Stores, Dining […]

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The Federal Reserve unexpectedly cut the Fed Funds Rate by 0.75% earlier this week, leading to a corresponding decrease in the prime rate.    Most credit card interest rates are tied to the prime rate, so carrying a balance on these cards just got a lot cheaper.
If you don’t have a variable rate credit card, now […]

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The Federal Reserve cut interest rates by .25% yesterday, leading major banks to cut their prime lending rate by a quarter point as well. With many loans and credit cards tied to the prime rate, interest costs for consumers will come down.
With several rate cuts in recent months, variable rate credit cards […]

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