My Credit Cards Blog

Everything you need to know about credit cards

If you enjoy volunteering and have an American Express card, you can now get reward points with their membership rewards program. According to their website, you could earn 500 reward points for every hour of volunteer work. Earn up to 10,000 points for doing charity work per year as long as the project is listed in the VolunteerMatch.org database. You can enter your zip code or keyword to best match your volunteering hours.

Make sure you log in membership rewards to register your hours worked to earn your points. You could also donate your points to charity. Volunteering is a wonderful thing; earning extra points is just icing on the cake. It’s nice to hear a feel good story with American Express instead of credit card companies taking advantage of the consumers.

Most of you know that Capital One credit cards have no foreign transaction fees, but I haven’t seen Visa or Mastercard without one. Not until I saw the PenFed Promise Visa with no foreign transaction fees. There is also no balance transfer(BT) fee and no cash advance fee, however it’s not 0% APR.

For those that are a little credit card savvy, you can use this no BT fee to your advantage. Lets say you have a 0% 12 months Balance Transfer offer from another issuer. You can balance transfer to the PenFed Promise card, and your credit will be negative. You can do a Cash Advance or write a check from Penfed card and there will be no fees.

Are you a Chase cardholder? Ever since Chase took away the $250 check for 20,000 points, there hasn’t been a good redemption for your points. Lately, they have been running a special whereas you can get a $25 restaurant card + a $10 AMC gift card for 2500 points. Some of the restaurants include Applebee’s, On the Border, Chili’s, Maggiano’s, Macaroni Grill, Outback, and more. Offer is good until 3/14/10 on Chase Ultimate Rewards main page.

How many cards do you carry? and do they give you the best cash back options? I suggest to carry around 3-5 cards in order to get the most cash back. Here’s my list of the best Cash Back Credit Cards: Best cash back cards for groceries/drugstores: 5% Cash Back from AmEx Blue Cash(after $6500 [...]

If you have one of these Costco American Express True Earnings credit card, then you might qualify for an extra 2% on cash back for all online purchases by enrolling through this AmEx link. Check to see if you qualify by putting your user id and password. If it doesn’t work, try calling 1-800-794-1308 with [...]

Use any Discover Cards at Fadango for Buy 1 Get 1 Free Movie Tickets. Here are some good Discover Cards: Discover More Card – Monogram Discover Open Road Card Miles by Discover Card From the website: Buy one or more movie tickets and get one free when you use your Discover Card to order tickets [...]

I love getting free bonus miles from signing up to credit cards. Airplane tickets can cost an arm and a leg, so why not let the credit card companies pay for it. Some cards have no fee for first year, hence you can use your bonus miles and then cancel your card and pay absolutely [...]

If you have a home loan with Countrywide, this is truly the best card on cash back on every purchase. They are offering 2% cash back toward your home loan with Countrywide. Here are the highlights: Intro 0% Fixed APR for up to 12 months Earn 1 point for every $1 spent in card purchases [...]

Do you have a Citi Card? Then you must be familiar with using it rewards system whereas you earn thank you points through purchases. You then use your thank you points to get gift cards, gas card, or airline tickets. Question is, what is the best way to use your thank you points? Personally, with [...]