Q&A :Credit Card

Do I need a debit card if I already have a credit card?

As far as I’ve read, a credit card is generally better than a debit card. (Please correct me if I’m wrong.) My question is should I also have a debit card?...

Can lenders legally reopen accounts without permission from all parties?

I recently closed a credit card account that I possessed with an ex-spouse. My concern is that the aforementioned ex will have the ability to reopen the account with my...

Is it better to use cash when cards offer discounts

I am new to budgeting and managing my own finances and have a simple question. Is it better to use cash when credit or debit cards offers discounts. The city I live in,...

Multiple credit cards for one debt?

Scenario: A person owes $30,000 in school debt to a single entity. The person also has THREE credit cards. Each month, the person pays $500 using credit card 1 towards...

how far can one push the signup bonus game?

I have never signed up for cards with signup bonuses with the expectation of canceling, but I am getting curious about it. The signup bonuses range from $250-500, more...

Can I get cashback for buying gift cards on Amazon?

I have an Amazon Prime Rewards Visa Signature Card that gets me 5% cashback on purchases made through Amazon. Is it possible to reap that reward on gift card purchases?

Can I pay my student loan with a credit card?

As far as I can tell, it’s not possible to pay off student loan debt with a credit card. I’m currently making payments through Great Lakes borrowing...

How to properly use a credit card

I am a first time owner of my own credit card. I got it with the purpose of building my credit to be able to receive loans for cars/house and things of that sort. I have...

Do I need to get it in writing when paying off collections accounts?

I have a credit card in collections with a balance of $1972. I will be able to pay this off in a couple of weeks. I have read a lot of articles that say that I can...

Credit Card with -95 balance

I just closed my account after I paid off the balance. However, now the balance becomes -95. Does anyone know why? How can I make it back to zero and do I have to? The...