Credit Card Strategy

Family Travel Hacking Guide 11: The power of miles and points

We've completed the first part of the Family Travel Hacking Guide series: how to save money on booking flights with cash. For many, the savings might stop there, and that's fine. As parents we have limited time; just make sure you know your travel goals before you go about trying to save money. The Family Travel Hacking Guide will now pivot. We are going to get into the more significant savings that can be achieved through earning as many miles and points as possible. In Part 2, our posts will look at how credit card sign up bonuses can power your family's travel at a significant cost reduction. How can we earn miles efficiently and cheaply? (Part 3 will address how to use them properly). I'll never claim that you will [...]

Credit Karma Equifax Fako Score Added – when’d this happen?

I used to be pretty maniacal about checking my credit scores when I first got into this game. After a year a so when I realized my scores weren't really changing, I calmed down and sometimes I now go a couple months without checking. I'm sure everyone knows that you can use Credit Sesame and Credit Karma to check your "fako" credit scores. Short version - both these sites spit out a "score", though it's not the actual credit score reported by the credit bureaus it just is an estimated score based on an algorithm. The most useful way to use these sites is to monitor how your score is fluctuating as opposed to the absolute number (in my opinion). I logged in to see how my scores are doing [...]

Avoiding Talking to Phone Representatives for Credit Card Transactions

I'm not a big fan of calling the credit card companies for any reason. I don't like being on hold, I don't really like talking on the phone in general, and for some reason even though I've been doing this for years calling in gets me all stressed. Because of this, whenever possible, I try to get things done online via secure messaging or chats. This is especially useful when doing transactions for my wife - the only thing I hate more than calling the credit card companies is having to bug my wife to call. This is by no means a comprehensive list, but I've been cleaning up my accounts and wanted to share some of the things I successfully took care of online. I'd also love to hear [...]

Act Quickly on Hot Deals that Fit YOU Best

If you are in the miles and points game for any period of time greater than, say, one month - eventually you'll start to notice a lot of all caps and exclamation marks on Twitter or on blogs - "Hot deals! Act quickly! Won't last! AMAZING!" But like big signs in retail stores - not all the advertised deals are truly that amazing (though some definitely are). To further confuse things, as any regular reader of the Saverocity family of blogs knows, sometimes these "deals" are advertised with conflicts of interest. I generally give everyone the benefit of the doubt, but when I have an affiliate link I'm always tempted to make it sound a little better than it is so I assume others are at the very least the [...]

A Comparison of 0% Introductory APR Credit Cards

Disclosure: I receive no compensation for any links from this post. I found them on Google. They aren't compensating me for name dropping them either. Messing with 0% APR Cards is dangerous - be responsible and be careful.  One day I'll get to part two of my credit card tier list. In the meanwhile, a friend of mine asked me if I knew of any good 0% introductory APR credit cards, no annual fee cards so I promised him I'd do some research for him. I generally don't even think about these things because I don't believe in ever carrying a balance - but his reasoning for wanting that leeway sounded generally sound and he doesn't want to take any balances he may build up past the introductory period (though the [...]

Credit Card Cancellation for Beginners

Word of warning: If you're not paying off your credit card balances in full every month, ignore this - pay them off and cancel those cards immediately until you get to a place where you can. Being stuck in debt is not acceptable collateral damage in the miles and points game Feel free to move along if you're a pro at this game, though it's possible you'll learn something new. This post is geared more towards the casual or newer points enthusiasts out there. I deemed it necessary because the other day a friend told me they had "transferred all of their Ultimate Rewards points to United and cancelled their Chase Sapphire Preferred card." While not a bad move, I just want to make sure people know the options they have [...]

Credit Card Tier Lists Part 1 – Cash Back and Transferable Points

Disclosure: There are a billion credit card links in this article. None are my affiliate links. This post is more for beginners but I also feel like it could be useful to others. Feel free to ignore though. Anyway, a little over week ago I wrote about the bigger Delta and United card bonuses that were out there (United's dead, Delta's dead in a day or two). Drew at Travel is Free wrote a great article complaining about the big bloggers pumping crappy cards for affiliate conversions; dissing the larger sign up bonus on the Delta card since Delta Skymiles are the worst currency out there. While I disagree with that particular point (I happen to enjoy finding Delta award space and also am doubling down on bit on Delta miles for [...]