Q&A :Credit Card

Is it worth lowering Roth contribution to pay down credit card?

My early career 401(k) receives Roth contributions to 11% of my income with a 4% employer match (so 15% net contribution) and returns 13%. My credit card balance is...

How can I keep from giving in to a clerk that tries to get me to sign up for a credit card when I know that getting the card will hurt my credit?

It seems like more and more retailers are shoving credit cards down your throat. What’s the best response I can give to a clerk when they keep asking me to sign up...

Why do you need to provide your credit card's expiration date in order to make a purchases?

This question is similar in spirit to Why do some online stores not ask for the 3-digit code on the back of my credit card?. I don’t see how asking for the credit...

Are there any drawbacks to owning multiple credit cards?

I currently own a single credit card and am considering applying for additional cards based on their signup bonuses. (e.g. Amazon Rewards $70 cash bonus, Best Buy 5%...

Should I cancel my first of five cards, which has a $300 limit?

I currently have five credit cards, four of which total $11,500 in credit, the other is a $300 line. I’m a recent graduate not making tons of money, so I...

Can I ask for a credit card upgrade within 6 months?

This is my first credit card, and it is just 2 statements(months) old, both paid in full before due date. I get invited to tech conferences frequently, so I do...

What kind of credit card transactions generally count as a cash advance?

I understand that if I use my credit card to get cash from an ATM, that counts as a ‘cash advance’. Are there any other credit cards transactions that...

Cancelling transaction on a Credit Card

I have a transaction on my credit card which I dispute with the vendor. (Specifically, charges on a car hire booking which I assert are unwarranted, though I doubt the...

Should I have a higher credit limit on my credit card?

I’ve had my credit card for about 4 or 5 years now, got it when I was 18, and my line of credit on it is $3500 as of a month ago. I got it increased to $1500 from...

Risks of a chargeback for a consumer?

What are the potential risks of making a chargeback on a credit card for what you deem to be a legitimate reason in good faith (but with which the merchant might also...