June Casagrande, NerdWallet Published 3:30 pm CDT, Friday, May 10, 2019 This article was first published on NerdWallet.com. You saw an irresistible credit card offer — tens of thousands of bonus points or miles easily worth a plane ticket or short hotel stay. You seized the opportunity, earned the sign-up points and enjoyed them to their fullest. Now, you’re left holding a credit card that likely will never pay off that big again. No more five-figure points bonuses, just a syrup-slow process of earning miles as you shop, accumulating one or two points for every dollar you spend at a pace that probably won’t get you another free trip for years. Worse, you’re paying an annual fee just to hold the card. If you don’t earn those points or miles fast enough, your costs could outpace your rewards. Many who jump at a credit card sign-up bonus end up here, and the credit card issuers count on it. After all, they’re in business to make money, … [Read more...] about 8 Ways to Keep Your Travel Credit Card Working for You
Making credit cards work for you
With the first installment in our “How we travel now” series, on flying, we included tips on making Delta’s dominance at MSP work for you. Among the pointers: Book the cheapest flight no matter the airline — but get a Delta-branded American Express card for the perk of checking free bags and the free flight that miles could eventually earn. A reader wrote hoping I could help him and his wife settle a disagreement. She is convinced getting cash back from their Visa card is better than using their Delta-branded American Express. He prefers the Amex. He also wondered if they should upgrade from the Gold card to the Platinum card. I’ll attack the easiest question first. The Gold card, at $95 annually (after the first year, which is free), should do the trick and will pay for itself if you travel frequently enough and check bags. Delta charges $30 one-way for a checked bag on flights within the U.S. That’s pretty simple math. The Platinum card ($195 … [Read more...] about Which is better for fliers at MSP: a cash-back or Delta-branded credit card?
When I ring up a big bill at the grocery store, I picture myself in a Delta Comfort+ seat. That's because I'm paying with my Delta-branded American Express, where all dollars spent add to my SkyMiles bank (which I tend to use for upgrades). I am a fan of the airline's SkyMiles program and the American Express card that pads it. That puts me at odds with others who find my approach old-fashioned or best reserved for business travelers whose companies pay the way. Those people probably don't live in a market with a carrier as dominant as Delta. "For Minneapolis-based fliers, having a co-branded card can make a world of difference. Perks like free checked luggage can easily offset a card's annual fee," said Kyle Potter, editor at Minneapolis-based Thriftytraveler.com. Fliers with a gold ($95), platinum ($195) or reserve ($450) Delta-branded American Express can check a bag for free; the airline charges $30 one-way on many flights. And what to do with those miles you rack up with the card? … [Read more...] about Delta is the dominant airline at MSP; how to make that work for you
Melissa Lambarena Nerdwallet Published 2:35 PM EST Dec 31, 2018 These days, many of us wear different hats to earn income on the side. You might clock out of one job and into the next as a ride-hailing driver, Airbnb host, Etsy shop owner or pet sitter. Such “gig economy” work can make for a stressful tax season that eats up your time (and billable hours) and costs you potential deductions. A separate credit card for business purposes can help simplify things and maximize your income. Here’s how a regular rewards credit card or a rewards-earning business credit card can offer value to your side hustle. 1. Simplify the paper trail Using a separate credit card for your side business can save hours over sorting personal from business expenses, and prevent you from missing valuable deductions. Everything you need to track is on one spending report. You’ll still need receipts, but your expenses can easily be found and backed up. Harry Campbell, founder of The … [Read more...] about 3 ways a new credit card can boost your side job
19 Dec 10 Brilliant Credit Card and Money Tips for Traveling Abroad Posted at 20:53h in Blog by Victoria You need to know the rules about your credit card when traveling to another country. Learn these 10 brilliant tips for using a credit card internationally. Do you want to travel abroad and explore the world? More Americans are traveling to other countries with a record 80 million traveling abroad in 2016. Don’t be overwhelmed with how to exchange money and how you will pay for your purchases – your credit card will help you take advantage of the best conversion rates. You need to know the rules about your credit card when traveling to another country. Learn these 10 brilliant tips for using a credit card internationally. 1. Let the Bank Know You are Traveling First and foremost, let the bank know you plan to travel to another country. This is a huge red flag, and the bank may freeze your account if they don’t know you are abroad. The last … [Read more...] about 10 Brilliant Credit Card and Money Tips for Traveling Abroad