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YORK (MainStreet) — Credit card issuers are increasingly looking for ways to convince prospective cardholders to sign up for their products. A new analysis from Bankrate.com finds that 44% of major cash-back credit cards offer some type of introductory...
Pay down debt, try to find a lower interest rate or take advantage of a low-interest balance transfer, recommended Greg McBride, senior financial analyst at Bankrate.com. “With the average credit card rate around 15 per cent, paying down that debt...
credit card issuers continue to spend aggressively with Bankrate because of Bankrate's high quality audience, which skews toward prime borrowers.
So if your card costs money and offers rewards that evaporate, you might want to see what other cards are offering. “If you find yourself earning less than 1 percent, or if you’re paying an annual fee, it’s time to shop around,” said Greg McBride,...
Since the recession, cash-back cards have become more popular as consumers have flocked to the flexibility of receiving money for every purchase they make. As card issuers create more cash-back cards, though, they typically come with more rules and...
The yield on five-year jumbos, however, fell to 1.16% from 1.17% the week earlier.The average yields on small-denomination "savings" CDs were unchanged in the latest week. The average six-month CD yield remained unchanged at 0.21% from the week...
“Unlike debit card rewards, which declined sharply over the past year, credit card rewards are still alive and well,” said Greg McBride, CFA, senior financial analyst for Bankrate.com. Additional findings from the survey are: 1 percent cash back...
Banks say they're only sending out applications for plastic to consumers they judge as "credit worthy." That's why stacks of card offers have been filling Miranda Marquit's mailbox, she has excellent credit. "I've noticed a big difference from this...
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