Home Credit Cards What to Consider Before Applying for a Chase Credit CardWhat to Consider Before Applying for a Chase Credit Card May 28, 2019 by Play Your Cards Right A Chase Credit card offers some of the most lucrative and valuable points and miles perks in the world. While this is great for consumers, such value can be costly for the bank. It can attract “churning” behavior. This is when a customer collect their sign-up bonus and go on to close it within the first year. Such behaviors were easy to do years ago. However, banks have caught on and decided to implement rules and restrictions for prospective cardholders. Chase has created several card application rules to prevent customers from taking advantage. Before you apply for a Chase credit card, it’s important to consider the rules and regulations. Read on and avoid landing on the bank’s bad side. 5/24 Rule This is Chase’s most infamous and preventative rule. It also serves as the … [Read more...] about What to Consider Before Applying for a Chase Credit Card
Personal credit cards used for business
Home Advice Credit Cards Earn More Miles than FlyingCredit Cards Earn More Miles than Flying May 22, 2019 by The Points Pundit Up until recently, it was a commonly held belief that best and fastest way to earn miles was traveling. But that’s not the case today! The savvy traveler knows credit cards earn more miles. When you use the credit card method, you have the potential to rack up points faster. You can earns the same if not more miles and points than flying. However, while the answer seems simple, it’s more complicated to implement. Given the plethora of cards available in the market, which card should you apply for? If you look around on the internet, you’ll find umpteen pieces of advice. The Options We know that credit cards earn more miles and points. But which one is the best option? There’s no definitive answer; every traveler is unique and their needs and requirements vary. I’m going to walk through the different steps that you … [Read more...] about Credit Cards Earn More Miles than Flying
Every once in a while I’ll be on a tour or staying at a hotel where I can’t help but hear the conversations around me. Sometimes I hear something that makes me stop what I’m doing and listen. The latest happened on a trip to Peru recently when one traveler asked, in amazement, “Why would you use a debit card to pay for an $8,000 tour? Are you out of your mind?!” The recipient of this question mumbled something about responsible spending and not going into debt, but the others at the table hit him with a barrage of arguments that had him saying, “Okay, OKAY—I get it. So what card should I get?” On the one hand, you’ve got to admire a guy who got to retirement age without putting things on a credit card. That restraint and fiscal responsibility are admirable. On the other hand, half the people at that table I was eavesdropping on had not paid for their flight—they cashed in miles to get to Peru. This guy, on the other hand, had … [Read more...] about Are You Getting All the Credit Card Perks for Travelers?
The longtime manager of the CBS Employees Federal Credit Union has been charged with stealing more than $40 million, which he allegedly spent on gambling, private jets and expensive cars, authorities said Friday. Edward Rostohar, 62, of Studio City was arrested March 12, the same day he was suspended from work and his wife called police to say her husband was leaving the country, according to court documents. He has been charged with two felony counts of bank fraud and aggravated theft identity. If convicted as charged, Rostohar faces up to 32 years in prison and a $1-million fine, according to Nicola Hanna, U.S. attorney for the Central District of California. His arraignment is set for April 18. According to an affidavit filed with the criminal complaint, Rostohar’s alleged scheme began nearly 20 years ago. He told authorities that before he started working at CBS Employees Federal Credit Union he had been an examiner with the National Credit Union Administration, a federal … [Read more...] about Credit union manager charged with stealing more than $40 million faces up to 32 years
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