Look at the benefits your credit cards offer. Some can be very beneficial to you. For example, BankAmericard Cash Rewards cards offer a $100 cash reward bonus as cash back on certain purchases. A Citi Simplicity Card offers 0 percent balance transfer, no annual fee, no late fees and no penalty rates.
A Capital One VentureOne Rewards Credit Card is good for avid travelers. Users get a one-time bonus of 20,000 miles, and earn 1.25 miles on every purchase and pay no annual fees. These miles do not expire nor have blackout dates. Barclaycard Rewards MasterCard also rewards its credit card holders with cash back on certain purchases along with complimentary FICO scores! Discover does the same thing with its card, as does Chase, along with several others.
First and foremost, if you have a balance and high APR on a credit card, find one that offers a 0 percent rate on transfer balances, preferably no less than 12 months and move the money. The key point to consider when transferring existing debt to another card is that if you don't pay the full transferred amount by the end of the promotional period, you will be paying interest on the initial balance, not the current balance when the promotion ends.
So even though a 0 percent interest rate is tempting, you must to decide how much money you want to transfer and focus on paying more than the minimum balance to pay it off in time. If you transfer too much money, you risk the chance of not paying the full amount in time and have to pay all the interest. If you transfer too little, you risk paying on the high interest rate card longer. Your probationary period starts when you first activate the transfer balance program. Go to www.creditkarma.com/creditcards to find the best credit cards for you.
Also check out the benefits of store credit cards you use. These days, most credit cards act as a rewards card. I really discourage store credit cards because there is no flexibility in the APR rates and they are often higher than credit cards. However, if you are realistic with your purchases and can pay off the balance on your store card every month with no issues, then take advantage of their benefits.
The Target REDCard Credit Card (also come in a debit card version) offers a variety of rewards. It provides 5 percent off your purchase in store and online.
Even though it's a small percentage, this discount can be combined with store coupons, manufacturer coupons, 5-cent bag credit and Cartwheel, so it really does add up. The REDCard also rewards 1 percent of your purchase to your local and favorite schools. The money helps schools provide books, supplies and even renovations to improve learning facilities.
Cardholders also receive an extra 30 days for returns, automatic free shipping online, no matter how much is spent, as well as earn a coupon for filling prescriptions in the Target pharmacy. For more information about the Target REDCard, go to www.target.com/redcard.
Gap is another store credit card that offers great benefits. You can use it at Old Navy, Banana Republic, at the outlets as well as online. If you have an Old Navy credit card, you can use it at Gap and the other stores listed as well.
This store card offers money back in a form of dollar-off certificates when you make purchases. If you lose your receipt, you can use the card to obtain proof of purchase.
It also comes with coupons for birthdays and special occasions.
Every Tuesday, you get an additional 10 percent off, no coupon necessary.
If you have other store credit cards, inquire about all the rewards and see if you truly benefit from them.
A Miami-Dade man arrested Friday faces seven charges of fraud and forgery after allegedly using phony credit cards at stores on Worth Avenue.
In September, Leorge Despaigne Moreno, 26, used phony credit cards to make purchases at Stubbs Wootton, Cartier and Chanel, according to the arrest report. He was booked into Palm Beach County Jail on Friday and released the same day after posting $31,500 bail.
Despaigne Moreno allegedly acted with two others -- Sergio Caraballo-Padron, 34, and Dayana Torres, 25 -- who were both arrested in September. Police tracked Despaigne Moreno down after an employee at Stubbs Wootton read about the arrests of Caraballo-Padron and Torres, and recognized him.
Torres was arrested on Sept. 24 at Cartier on three counts of forgery and larceny. Caraballo-Padron, who police say shopped with Despaigne Moreno at Cartier and Stubbs Wootton, was arrested Sept. 30. He faces 14 counts of credit card forgery, two counts of fraud and one count of destroying evidence.
Police used Sept. 6 surveillance videos from Stubbs Wootton to link Despaigne Moreno to the fraud, according to police. He was tracked down and agreed to return to Palm Beach from his Miami residence. He had five fraudulent credit cards and a fake driver's license on him at the time of his arrest, according to the report.
He purchased $2,466.09 worth of goods from Stubbs Wootton, $74,730 worth from Cartier and $10,070 worth from Chanel, police said.
HARKER HEIGHTS (January 22, 2015) Harker Heights police were looking Thursday for a burglar who broke into an elderly woman's home, stole her purse and then was caught on camera while trying to use her credit cards
The burglary occurred at around 9:30 pm on Sunday in the 1700 block of Redwood Drive in Harker Heights.
The purse also contained cash and personal items, police said Thursday.
No one was hurt.
Investigators think the burglar escaped on foot, police said.
No description was available, but surveillance photos from a store in Temple where an attempt was made to use the stolen credit cards showed a person who appears to be male wearing a red hooded sweatshirt.
Investigators are asking anyone with information to call the Harker Heights Police Department at (254) 953-5400 or Bell County Crime Stoppers at (254) 526-TIPS.
A Snohomish family has surveillance footage of cars being broken into in their driveway--and, they say, of the bad guy using a stolen credit card at Bellevue Square Mall.
I want him put away, I want him off the streets because were not safe," said Michaela Bulgur, who lives at the home.
Camera footage shows a man in a black hoodie committing car prowls around 3:15 am Thursday to three cars in the family driveway.
Bulgur says that man stole $2,500 in cash, as well as $1,000 in valuables like phones, wallets and credit cards.
She says they'd all gone on a family vacation recently and had left the cars unlocked with cash inside.
I went into a state of shock," she said after watching the video.
Just hours later, Bulgur is convinced the same thief spent hundreds of their dollars at Bellevue Square Mall.
And detectives told KIRO 7 they are hot on his trail. They are investigating at the mall now, as well.
He went to Helly Hansen, he bought himself some pizza at Bella Pizza, he stopped and got himself a pair of sunglasses," said Bulgur, who says the charges appeared on her mother's stolen credit card.
She says she has pictures to prove the same guy tried on clothes and spent her moms money at a clothing store called Urbanity.
She even obtained a credit card receipt from the store owner.
On that receipt is her moms last name, signed in a "big squibble," Bulgur says, for a total of $177.39.
I will find him. I dont care about the cops, I dont care about detectives, I will personally find him. I dont care how long it takes, but he will be brought down," she said.