Tips, News and Advice from Credit Card Assist

General Tips & Advice

In our “General Tips & Advice” blog section, we cover a wide variety of topics on credit cards, with recommendations and advice for consumers, including tips, tricks, hacks and inside information about credit cards and credit card issuers. In the General Tips & Advice section, we include advice on business credit cards for small business owners, discussion of the 2009 CARD Act legislation, the psychology of credit card use, and many, many more credit-card related topics.

Building Your Own Credit Card Reader With a Tape Head

April 30, 2012

Square has been giving out credit card readers right and left, and it’s not hard to see why. Understanding how they work relies on an understanding  of credit cards themselves. Every credit card has three basic parts of information. The first one has the name of the cardholder, the account number, the CVC code, and [...]

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Best Buy Cardholders Beware of Electronic Payments

April 30, 2012

The Consumerist recently reported a story about a man who had applied for a Best Buy credit card and, immediately after receiving the card, bought a number of different electronics items to the tune of $3000. He paid off almost the entire amount using Best Buy’s online payment service. The money was directly debited from [...]

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5 Credit Cards That’ll Save You Big Money on Your Wedding Day

April 27, 2012
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Wedding season is nearly upon us, which means that engaged couples everywhere will soon be racking up a very extensive list of charges on their credit cards. According to Learnvest, an investment tutorial website, a traditional wedding costs around $30,000 – and that’s just for the essentials. If you want the full horse-and-carriage experience, you’ll [...]

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Is Access to Airport Lounges Really Worth It?

April 26, 2012
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Analyst Cathleen McCarthy recently answered a question about airport lounges and whether they are worth getting a new credit card in order to access them. McCarthy stated that it often depends on where you are flying and which card you carry.

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Are Two Credit Cards Better Than One?

April 25, 2012

As you try to improve your credit score, it can be difficult to decide exactly how many credit cards you want to have. Deciding whether two cards are better than one can be tough, particularly in light of the fact that Fair Isaac doesn’t actually reveal exactly what the credit score equation is.

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Pros and Cons of Credit Cards for Kids

April 20, 2012
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To credit or not to credit, that is the question – at least it is for parents who are trying to teach their kids a little financial responsibility. Ever since American Express introduced the first credit card in the 1950’s, the suitability of credit for children has been the subject of constant debate. First it [...]

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4 Cool Credit Card Features You Never Knew You Had

April 17, 2012
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It’s easy to pick on credit cards, but let’s not forget that they can do some pretty cool things sometimes, too. While your card may seem like just a mild-mannered piece of plastic during the day, chances are that it has certain “special powers” over automobile insurance companies. Even secured cards, which have made a [...]

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Breaking Down Return Protection On Your Card Purchases

April 16, 2012

Store return policies can often be tough to swallow, but just because the store won’t take an item back doesn’t mean you’re actually stuck with it. Many credit card companies offer return protection. If you bought the item in question with your credit card, they’ll refund the cost of the item, even if the store [...]

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The 7 Deadly Sins of Credit Card Use

April 13, 2012

There are seven deadly sins when it comes to credit card usage. The first, and probably most important, is to pay your credit card on time, every time. People do not realize that being even one hour late with a payment is just the same as being five days late.

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4 Reasons Why Only Dummies Pay Their Taxes with a Credit Card

April 13, 2012
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Giving money to the IRS sucks, but if you’re one of the millions of Americans who will owe the government for their 2011 tax return, don’t make it even worse on yourself by trying to charge the bill to your credit card. Sure, you’ll be able to pay for your taxes on the spot, but [...]

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