Credit card – Aadhar UID http://aadharuid.in/ Tue, 22 Nov 2022 15:00:13 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://aadharuid.in/wp-content/uploads/2021/10/Icon-120x120.png Credit card – Aadhar UID http://aadharuid.in/ 32 32 5 Ways to Maximize Your Credit Card Rewards on Holiday Shopping https://aadharuid.in/5-ways-to-maximize-your-credit-card-rewards-on-holiday-shopping/ Tue, 22 Nov 2022 15:00:13 +0000 https://aadharuid.in/5-ways-to-maximize-your-credit-card-rewards-on-holiday-shopping/ Image source: Getty Images Don’t do your holiday shopping without reading this! Key points Many people spend a lot of money while on vacation. You can earn credit card rewards for your spending. Using the right credit card is just one of many techniques for maximizing your rewards. The holiday season is an expensive time […]]]>

Image source: Getty Images

Don’t do your holiday shopping without reading this!


Key points

  • Many people spend a lot of money while on vacation.
  • You can earn credit card rewards for your spending.
  • Using the right credit card is just one of many techniques for maximizing your rewards.

The holiday season is an expensive time of year. Chances are you’re spending a lot more than usual when buying gifts, throwing parties, or both. The good news is that when you spend more money, you have the opportunity to earn more credit card reward points for those expenses.

Credit card rewards such as miles, points, and cash back can effectively reduce your out-of-pocket spending on vacation items because you’ll get back cash (or valuables) for every dollar spent. And, if you’re smart about how you shop, you can really maximize those rewards to get the most bang for your buck. Here are five tips to help you do just that.

1. Sign up for the right credit card

If you want to maximize the rewards available to you, you obviously need a card with a generous rewards program. If you don’t already have one that offers bonus rewards for the kinds of things you’re most likely to buy, you should consider signing up for a new one.

Check it out: This card has one of the longest 0% interest intro periods.

More: Consolidate your debt with one of these top-rated balance transfer credit cards

Signing up for a new card could also open the door to earning new cardholder bonuses. These are additional points, cash back, or miles once you reach a spending goal such as $500 in the first 90 days. If you can qualify for the bonus with your vacation spending, it can be a great way to end up with a lot more credit card rewards this holiday season.

2. Keep track of which card to use

If you have multiple credit cards with different rewards programs, you should keep track of which one will give you the most bonuses for different types of spending. For example, you might want to use a card that offers 5% off groceries when you buy food for your holiday table and another that offers extra discount at big box stores if you shop for gifts. parties at Sam’s Club or Costco.

3. Be strategic about where you buy your freebies

If you don’t know what to buy for certain people on your list, why not buy gifts that allow you to get the maximum reward points. For example, if you have a card that offers bonus rewards for dining out, local restaurant gift cards would be an ideal purchase for people who find it difficult to shop.

4. Charge all you can

The more you use your credit cards, the more rewards you can earn, although you don’t necessarily earn additional rewards for every purchase. So try to charge all the expenses you can while you prepare for the holidays.

When you charge for things you should buy anyway, it’s an easy way to get plenty of rewards without spending anything extra. As a bonus, many cards also offer other perks such as extended warranties or help with returns if something goes wrong.

5. Make sure you pay your balance in full

Finally, you need to make sure that you pay off your credit card balances in full. If you don’t and end up paying interest on your vacation purchases, the finance charge will likely cost more than the value of all the rewards you earn.

By following these five tips, you can make the most of your credit card rewards this holiday season.

The best credit card waives interest until 2024

If you have credit card debt, transfer it to this top balance transfer card guarantees you an introductory APR of 0% for up to 21 months! Plus, you won’t pay any annual fees. These are just a few of the reasons why our experts consider this card a top choice to help you control your debt. Read our full review for free and apply in just 2 minutes.

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Credit card: what you need to know if you use the method this Christmas | Personal finance | Finance https://aadharuid.in/credit-card-what-you-need-to-know-if-you-use-the-method-this-christmas-personal-finance-finance/ Sat, 19 Nov 2022 04:01:00 +0000 https://aadharuid.in/credit-card-what-you-need-to-know-if-you-use-the-method-this-christmas-personal-finance-finance/ Last year the average consumer spent just over £1,100 at Christmas, according to a YouGov survey and with inflation driving up the cost of almost everything in the UK, this year people are expected to spend more even if they aim to spend less. The holiday season has always been a time of year when […]]]>

Last year the average consumer spent just over £1,100 at Christmas, according to a YouGov survey and with inflation driving up the cost of almost everything in the UK, this year people are expected to spend more even if they aim to spend less. The holiday season has always been a time of year when people rely on more than their regular monthly income.

If shoppers plan to use credit as a way to cover costs this year, Salman Haqqi, personal finance expert at money.co.uk, urges them to take the time to understand the different types of credit so they can choose the right one. better. option for them.

He told Express.co.uk: “December is an expensive month and with the costs of Christmas presents, decorations, food, drink and parties looming, we are likely to be spending a little more than the normal during the holiday season.

“Even if you’re comfortable with the cost of Christmas, if you’re going to spend a lot on credit, it’s worth considering a card that rewards your spending.”

Mr. Haqqi’s first recommendation that people might want to consider is to use a zero percent shopping credit card.

READ MORE: Barclays issues warning after man targeted in cruel online scam

He said: “If you’re worried about how much you’ll spend over Christmas, you might want to consider a zero per cent shopping credit card.

“It will give you a fixed period, up to two years or more in some cases, to repay the money you borrow without interest.”

The main advantage of this type of credit card is that if someone fully reimburses the expense before the end of the period, the debt will bear no interest.

However, the downside of this card is that it can take several weeks to process the application and receive the card. So if anyone wants this card soon, or before Christmas, timing is crucial.

DO NOT MISS

If someone pays off the balance at the end of each month, it will start to show that they can be a responsible borrower, and their credit rating should improve over a period of four to six months.

Mr. Haqqi explained that people can determine how much they can spend with their credit limit and can then plan based on that instead.

Finally, Haqqi recommends people take a look at reward credit cards or cash back credit cards, as these cards can benefit someone in the future the more they spend on the map.

He said: “Rewards credit cards earn you something every time you use them. These can be loyalty points, airline miles or vouchers for shops and restaurants. Choose the one with the rewards that will benefit you the most.

Mr. Haqqi pointed out that the rewards programs with these types of credit cards are different from each other. Before subscribing to a specific card, people should first check which reward vouchers are offered and for which retailers or restaurants and tailor their choice to their shopping habits.

The same goes for airlines, as these rewards cards only offer deals on select airlines and hotels. Users should therefore ensure that they are happy to use this one.

Before signing up, people should research if the policy of the card meets their expectations, some cards pay monthly, while others will make someone wait until the end of the year.

Mr. Haqqi added: “Cashback cards will give you back a percentage of what you spend on the card. Some offer a bonus period for the first few months, so if you get it in time for your Christmas shopping, you might get more cashback on your spending.

Mr Haqqi urged people to remember whichever credit card they have, they will have to pay for all the money they have spent.

He said: “It’s so important that you pay off those credit cards in full every month. If you can’t afford to pay a big bill in January, the interest charges will quickly wipe out your rewards benefit.

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Six steps to boost your credit card rewards this holiday season https://aadharuid.in/six-steps-to-boost-your-credit-card-rewards-this-holiday-season/ Thu, 17 Nov 2022 10:01:00 +0000 https://aadharuid.in/six-steps-to-boost-your-credit-card-rewards-this-holiday-season/ Get your wallet ready – it’s time again with the holidays fast approaching. An estimated 91% of Americans will be celebrating in some form this holiday season, according to a November 2022 report from the National Retail Federation. And for most people, celebrating means spending. According to a September 2022 study from the Deloitte Center […]]]>

Get your wallet ready – it’s time again with the holidays fast approaching. An estimated 91% of Americans will be celebrating in some form this holiday season, according to a November 2022 report from the National Retail Federation. And for most people, celebrating means spending.

According to a September 2022 study from the Deloitte Center for Industry Insights, the average consumer expects to shell out $1,455 in vacation spending this year, including food, travel and gifts. And by taking a few extra steps when shopping, you can increase your rewards earnings every time you use your credit card.

If you think the holidays are stressful enough without jumping through hoops to earn a few extra rewards, here’s the good news: it’s not as hard as you think. Just one or two steps can add significant additional value to your purchasing budget. Here are six strategic steps to boost your credit card rewards this holiday season.

1. Open a credit card

Credit card issuers often offer heaps of points or cash back when you open a card. But the catch is that you will have to spend a certain amount of money on the card within a set time to earn this welcome offer. The holiday shopping season can be the perfect time to eliminate that spending requirement and earn a big bonus on a new card.

If that new credit card is earning cash back, those bonus funds can help stretch your vacation budget. Some popular cards offer new cardholders $200 once spending requirements are met. If your new card bonus yields a nice supply of travel rewards, these can offset future travel costs. It’s something to celebrate.

Also see: How to spot a good store credit card and a bad one

2. Online shopping portals

Ditch the crowded stores this year? According to Deloitte research, 63% of holiday shoppers plan to do most of their shopping online. If you’re one of them, shopping portals (also called bonus malls) can be an easy way to rack up extra miles, points, or cash back on top of the regular rewards your card has. of credit earns.

A shopping portal is a website that offers an incentive in the form of cash back, points or miles if you click on its links to make purchases from a retailer’s site. The portal receives commissions from retailers, including many top brands, and then shares a portion with you when you purchase through its link.

Many airlines and hotel brands have shopping portals, as do many major credit card issuers. Log in to the portal you want to use, find the merchant you want to shop with, and click on their link. Shop and pay on this merchant’s site as usual.

Although it may take a few extra clicks, once your purchase has been verified by the portal, the additional rewards will be automatically deposited into your account. This verification can take a few weeks or, less frequently, months.

Related: 7 Little-Known Ways to Maximize Your Credit Cards

3. In-store shopping offers

Similar to shopping portals that offer a bonus for online purchases, several mobile apps offer bonus points or cashback for in-person purchases. For example, apps like Rakuten, Dosh, and Swagbucks offer bonus rewards for purchases at hundreds of stores.

Download the app, enter your credit card details and use that card to make your purchase in store. The app tracks your purchase and bonus rewards will usually be deposited into your account within a few weeks. Many of these apps require you to reach a minimum threshold before you can cash out your rewards.

4. Credit card related offers

Many credit card issuers offer discount programs for using their cards at certain retailers. Think of these offers as an integrated digital coupon that you can click on from your online account and add to your credit card. Rebates are issued through statement credits or bonus points with the rewards program associated with your credit card. Log in to your credit card account and find the offers section and activate the offers you want to use.

Discount offers usually have a spend requirement and an expiration date, and terms vary by retailer. There’s no harm or obligation in using the offers once added, so don’t be afraid to load them onto your credit card in case you end up shopping at one of the retailers.

Don’t miss: Food price growth slowed in October, but some items rose as much as 43%

5. Buy gift cards

If you purchase gift cards to give as holiday gifts, you can earn additional rewards by purchasing them at select stores.

Let’s say you want to give Aunt Sally a gift card to a clothing store. If you buy that gift card from the clothing retailer, you’ll likely only earn the standard base rate for credit card rewards on that purchase. But if you can find a gift card for that same clothing store on the big grocery store gift card holder, you can buy it there and earn more rewards. Many popular credit cards offer bonus rewards at grocery stores – some cards offer 3%, 4% or even up to 6% back.

While it’s okay to buy one or even a few gift cards for bonus rewards, don’t overdo it. If credit card issuers see a trend towards gift card purchases, they may reclaim your bonus points, especially if you’re trying to earn an initial sign-up bonus.

Also on MarketWatch: As Mortgage Rates Drop Below 7%, ‘Millennials Should Jump on a 6% Mortgage Like Bears Seizing Honey’

6. Meal Rewards Programs

If you eat out during the holiday season, or anytime, you can earn extra points and miles when you dine at select restaurants. Most major hotel and airline loyalty programs are linked to a food rewards network that you can join for free.

Search your favorite hotel or airline’s dining rewards site and enter your zip code to see which restaurants near you are part of the program. You will need to register your credit card with this dining program and use this card at the restaurant when paying to earn the bonus rewards. These programs often offer a first diner bonus of extra points and often offer additional rewards for leaving a restaurant review.

Since these programs are all operated by the same parent company, you can usually register to earn bonus rewards with only one airline or hotel dining program at a time. And if you associate a new credit card with the restoration program, the old card will be deleted.

Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com.

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5 credit card tips to save on vacation flights https://aadharuid.in/5-credit-card-tips-to-save-on-vacation-flights/ Mon, 14 Nov 2022 22:00:14 +0000 https://aadharuid.in/5-credit-card-tips-to-save-on-vacation-flights/ Image source: Getty Images Your credit card could help reduce these travel costs. Key points Holiday flights are much more expensive this year. If you have credit card rewards, you can put them in your plane ticket to save money. An introductory 0% APR card is worth buying if you have to pay for flight […]]]>

Image source: Getty Images

Your credit card could help reduce these travel costs.


Key points

  • Holiday flights are much more expensive this year.
  • If you have credit card rewards, you can put them in your plane ticket to save money.
  • An introductory 0% APR card is worth buying if you have to pay for flight fees over time.

The holiday season promises to be costly for travellers. According to travel booking group Hopper, plane tickets for Thanksgiving are on average 25% more expensive than last year. Average plane ticket prices over the Christmas holidays are expected to be 55% more expensive than a year ago.

No one wants to spend their entire vacation budget on plane tickets, but there are ways to use credit card perks to spend less. Here are some credit card tips to consider so you can save on your vacation flights.

1. Redeem miles for your plane ticket

When spot prices are high, that’s normally the best time to book your ticket using miles. There are several ways to go about credit card miles, depending on the exact card you have.

Check it out: This card has one of the longest 0% interest intro periods.

More: Consolidate your debt with one of these top-rated balance transfer credit cards

Airline credit cards allow you to earn miles with the airline that issued them. For example, if you have one of the Delta Air Lines credit cards, you can use the miles you have earned to book a flight with Delta.

There are also travel credit cards with transferable rewards. These allow you to send your rewards to any airline in that credit card’s rewards program. For example, if United Airlines and Southwest Airlines are part of your card’s rewards program, you can transfer your rewards to either airline and use them to book a flight with miles.

2. Redeem your rewards for a receipt

Maybe you don’t have miles that you can use with an airline. If you have other credit cards with rewards, you can probably still use the rewards you’ve earned to save money on your flight costs.

Let’s say you have a card that earns loyalty points. Many card issuers will allow you to redeem points for cash travel purchases. However, before doing this, check the value you will get. It should be at least $0.01 per point, which means 10,000 points will save you $100. If you’re going to get less, that’s probably not a good way to redeem your points.

You can do almost the same thing if you have a cashback card. After you book your ticket, use your cash back as statement credit to cover as much of the flight as possible.

3. Use a 0% APR credit card if you need to pay for tickets over time

It’s best to pay for your vacation flights in full when your credit card payment is due. But if you want to travel and tickets aren’t quite in your price range, another option is a 0% APR card. This type of credit card has a 0% APR on purchases for an introductory period, such as 12 or 15 months.

If you ever need to pay off a balance over time, whether it’s for a vacation flight or for any other reason, then 0% APR credit cards are the way to go. You will be able to pay off your balance while avoiding interest charges for the introductory period. However, the standard APR applies after the introductory period ends, so be sure to pay the balance before that date.

4. Book with Capital One Travel for price drop protection

Capital One made significant improvements to its online travel portal this year. One of the features offered by this portal is price drop protection. If you are looking for travel and Capital One recommends booking a specific flight immediately, Price Drop Protection will apply to that purchase. To find out if a flight is eligible, look for the phrase “You must book now” on the flight list.

When you book a flight with price drop protection, Capital One monitors the price for a set period of time. If it falls, you will be reimbursed up to a maximum of coverage.

5. Use an airline credit card for a free checked bag

“Travel light” is wonderful advice, but it’s not always doable, especially on vacation. If you’re bringing gifts for family or friends, one carry-on and one personal item might not be enough.

With most airlines, checked bags cost extra. Fortunately, many popular airline credit cards include a free checked baggage benefit. If you’re going to check a bag and it would otherwise cost $35 per flight segment, it’ll save you $70 on a round trip.

Since vacation flights are so expensive, check out all the benefits your credit cards offer to see how they can save you money. It might also be worth opening a new credit card if it offers travel benefits you can use. All the money you save on flights is more than you can spend on gifts and enjoy the holidays with your loved ones.

The best credit card waives interest until 2024

If you have credit card debt, transfer it to this top balance transfer card guarantees you an introductory APR of 0% for up to 21 months! Plus, you won’t pay any annual fees. These are just a few of the reasons why our experts consider this card a top choice to help you control your debt. Read our full review for free and apply in just 2 minutes.

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How long should I wait between credit card applications? https://aadharuid.in/how-long-should-i-wait-between-credit-card-applications/ Fri, 11 Nov 2022 21:09:47 +0000 https://aadharuid.in/how-long-should-i-wait-between-credit-card-applications/ Applying for multiple credit cards simultaneously can tarnish your credit and temporarily reduce your credit score. As such, it’s important to weigh the trade-offs between responding to any credit card offers that may land in your mailbox and maintaining good credit hygiene, especially if you intend to apply for a loan Where mortgage Short term. […]]]>

Applying for multiple credit cards simultaneously can tarnish your credit and temporarily reduce your credit score. As such, it’s important to weigh the trade-offs between responding to any credit card offers that may land in your mailbox and maintaining good credit hygiene, especially if you intend to apply for a loan Where mortgage Short term. While you can apply for one or two cards from different banks in the same period without damaging your credit too much, it will be difficult to get multiple cards approved from the same issuer within a few months. Read on to learn the pitfalls of applying for too many credit cards in a short time.

How long should you wait between credit card applications?

If you’re eager to get a new credit card, you might be tempted to apply for multiple cards at once to increase your chances of being approved. But don’t get too excited: Applying for multiple credit cards in a short period of time can hurt your credit score.

It’s best to wait at least 90 days — and preferably six months — between credit card applications. If you apply more often than that, issuers might see you as a riskier bet and reject your application. While you wait, you can still improve your credit score and increase your chances of being approved for your new card. You may be able to get away with applying more frequently if you have excellent credit.

How a credit card application can hurt your credit score

Apply for a credit card will trigger a thorough investigation of your credit profile. This means that each time you apply for a credit card, the bank will check your credit file with one of the three major credit bureaus, and the bureaus will take note of the application.

A single application may only shave a few points off your score, but multiple card applications over a short period of time could suggest you’re a riskier borrower than someone who applies less often.

Applying for credit cards can affect your credit score in several other ways.

If you have a short credit history or a small number of accounts, reapplying may pose more risk to the card issuer. However, getting a new unused credit limit can help reduce your credit utilization rate (the amount of your overall credit limit used), which in turn can help to improve your credit score.

You can check if you are pre-approved for a credit card to assess the chances of getting approved without hurting your credit score.

Ultimately, there are many combinations of scenarios that can have different effects on your credit score depending on your past financial behavior – and not all credit bureaus measure your credit score the same way.

When is the best time to apply for a new credit card?

If you want to save money on interest, look for a card that offers 0% introductory APR on purchases. You can also use balance transfer credit cards to help you avoid interest charges and pay off your debts.

If you’re looking to build or repair your credit, a new account can help. But if you have a short credit history or have recently applied for another card, your application may be declined.

The bottom line

When applying for a new credit card, the best time to do so usually depends on your financial situation and credit standing. You can take advantage of credit card pre-approval to see your chances. Otherwise, you’ll need to assess your personal financial situation and goals to determine if it’s worth criticizing your credit score for. multiple credit card apps.

Editorial content on this page is based solely on objective, independent assessments by our editors and is not influenced by advertising or partnerships. It was not supplied or commissioned by a third party. However, we may receive compensation when you click on links to products or services offered by our partners.

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How Inflation Affects Your Credit Card Rewards https://aadharuid.in/how-inflation-affects-your-credit-card-rewards/ Tue, 08 Nov 2022 14:54:59 +0000 https://aadharuid.in/how-inflation-affects-your-credit-card-rewards/ The value of credit card points and miles is often nebulous, allowing card issuers to constantly tailor their offers to things that seem more appealing and competitive. In practice, NerdWallet notes, this usually means that our credit card rewards lose value behind the scenes, as the number of points needed to redeem savings is steadily […]]]>

The value of credit card points and miles is often nebulous, allowing card issuers to constantly tailor their offers to things that seem more appealing and competitive.

In practice, NerdWallet notes, this usually means that our credit card rewards lose value behind the scenes, as the number of points needed to redeem savings is steadily increased. And with rampant inflation squeezing our purchasing power everywhere else, it’s only natural to expect credit card rewards to experience the same.

But an analysis by NerdWallet says it “found something unexpected in a sea of ​​bad inflation news: Mall rewards programs’ points have become more valuable this year compared to the previous year. »

For example, this year:

  • American Airlines miles increased in value from 1.2 cents per mile to 1.5 cents (a 25% increase)
  • United Airlines miles reduced from 1 cent per mile to 1.2 cents per mile (20%)

The analysis found that, overall, airline miles are worth an average of 8.7% more than they were in 2021. Rewards from “almost all domestic airlines” remained the same or have increased in value.

The catch is that it’s harder to redeem these rewards right now due to high demand, and the increased value could disappear as economic conditions change.

Want to compare current offers and start earning more of those very valuable points? Head to Money Talks News Solutions Center to find the best credit cards for travel rewards.

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Say goodbye to your credit card debt with these 4 tips https://aadharuid.in/say-goodbye-to-your-credit-card-debt-with-these-4-tips/ Sat, 05 Nov 2022 16:00:33 +0000 https://aadharuid.in/say-goodbye-to-your-credit-card-debt-with-these-4-tips/ Image source: Getty Images Credit card debt doesn’t have to be something you go through year after year. Key points To make progress on credit card debt, limit your spending and commit to a monthly payment amount. A balance transfer card or debt consolidation loan can also make the repayment process easier. If you have […]]]>

Image source: Getty Images

Credit card debt doesn’t have to be something you go through year after year.


Key points

  • To make progress on credit card debt, limit your spending and commit to a monthly payment amount.
  • A balance transfer card or debt consolidation loan can also make the repayment process easier.
  • If you have debt spread over multiple credit cards, set up a payment plan to decide which cards to pay off first.

It’s never a good time to have credit card debt, but if you currently have balances, it’s more important than ever to pay them off. With rising interest rates, credit card debt could become more expensive in the near future.

Getting out of credit card debt isn’t easy. I’ve done it before, so I understand how stressful and difficult it can be. But there are a few tips you can follow to at least make your job easier. They can help you pay off your credit cards faster and save money on interest charges.

1. Limit your credit card use

When you’re in credit card debt, the first thing you need to do is stop the bleeding. The solution might be to stop using your credit cards altogether and only pay with a debit card or cash. If you continue to pay with credit cards, use them only for essentials.

Check it out: This card has one of the longest 0% interest intro periods.

More: Consolidate your debt with one of these top-rated balance transfer credit cards

One of the reasons credit card debt is so difficult to pay off is that many people continue to use their card as normal. Even when making payments, they also take a step back by adding new fees. To get out of credit card debt, you need to both pay it off regularly and keep your spending to a minimum.

2. Commit to a monthly payment amount

For this tip, you will need to know your net salary and your monthly fixed costs, ie your needs. Add up all the bills you have to pay, then subtract them from your take home pay. Depending on what’s left, you can decide how much you’ll pay for your credit card debt each month.

Let’s say your take home pay is $4,000 per month and your fixed costs are $2,500. That leaves $1,500. Knowing this, you could commit to paying $750 or $1,000 a month for your credit card debt. Leave yourself some wiggle room here. It’s important to set a realistic goal that you can achieve each month.

What is important is to commit to a specific amount. By doing this, you’re more likely to stay on track and be consistent.

3. Apply for a balance transfer card or debt consolidation loan

These are two popular ways to pay off credit card debt. Here’s how they work:

  • Balance transfer credit cards offer a 0% introductory APR on balance transfers. The APR intro can last 12 months, 18 months or more, depending on the card. If you get a balance transfer card, you can transfer your credit card balances and avoid additional interest charges for the duration of the introductory period.
  • Debt consolidation loans are personal loans intended for the repayment of debts. If you get one, you can use it to pay off all your credit cards. Then you can repay the loan in fixed installments.

With both options, you can get a lower interest rate on your debt, saving you money. They also consolidate your debt so you only have to make one monthly payment to one account (your balance transfer card or your loan).

To qualify for either and get the lowest rates, you’ll likely need a good credit score. You can always try to apply if your credit is not there yet. However, it may be better to wait, pay off some of your debt first, and then apply after you’ve raised your credit score.

4. Decide on a payment plan

You have already decided on a payment amount, but your payment plan is a little different. This is how you will split this monthly payment between your credit cards.

Now, if you’ve opened a balance transfer card or a debt consolidation loan, it’s easy. Since you only have one account to pay, you can simply put your entire monthly payment into that account. But if you haven’t and have multiple credit cards, a payment plan is needed.

There are two common payment methods, called snowball and debt avalanche, that you can use:

  • Debt Snowball: Make minimum payments on all your credit cards and put all your extra money on the credit card with the smallest balance. Once you’ve paid off that credit card, repeat the process for the credit card with the next lowest balance.
  • Avalanche of debt: Make minimum payments on all your credit cards and put all your extra money on the credit card with the highest APR. Once you’ve paid off that credit card, repeat the process for the credit card with the next highest APR.

The debt snowball is great for staying motivated because it reduces debt the fastest. Debt Avalanche saves you the most money in credit card interest, since you target the debts with the highest APR first.

Credit card debt can seem overwhelming. But if you watch your spending, make a plan, and are consistent, you could see your debt paid off sooner than you think.

The best credit card waives interest until 2024

If you have credit card debt, transfer it to this top balance transfer card guarantees you an introductory APR of 0% for up to 21 months! Plus, you won’t pay any annual fees. These are just a few of the reasons why our experts consider this card a top choice to help you control your debt. Read our full review for free and apply in just 2 minutes.

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The SmartMetric biometric credit card is protected by patents issued against copycat cats https://aadharuid.in/the-smartmetric-biometric-credit-card-is-protected-by-patents-issued-against-copycat-cats/ Thu, 03 Nov 2022 14:10:00 +0000 https://aadharuid.in/the-smartmetric-biometric-credit-card-is-protected-by-patents-issued-against-copycat-cats/ NEW YORK–(BUSINESS WIRE)–The SmartMetric, Inc. (OTCQB: SMME) biometric credit card, invented by SmartMetric founder and CEO Chaya Hendrick, is protected from copying by other manufacturers by issued patents. Patents are powerful in protecting original inventors from people or companies who attempt to copy an inventor’s invention. The Founding Fathers of the United States saw the […]]]>

NEW YORK–(BUSINESS WIRE)–The SmartMetric, Inc. (OTCQB: SMME) biometric credit card, invented by SmartMetric founder and CEO Chaya Hendrick, is protected from copying by other manufacturers by issued patents.

Patents are powerful in protecting original inventors from people or companies who attempt to copy an inventor’s invention. The Founding Fathers of the United States saw the economic advantage and the need to protect inventors’ inventions that the protection of inventors’ inventions is part of the American constitution.

Chaya Hendrick, CEO and President of SmartMetric, is the original inventor of credit cards with biometric fingerprint technology built into a credit card. As an original inventor, she received various patents from the United States Patent Office protecting her inventions from anyone who would seek to copy her inventions.

SmartMetric has received an exclusive license from Chaya Hendrick to develop biometric fingerprint card products based on its patents.

What the SmartMetric-licensed biometric patents mean for SmartMetric is that any company seeking to produce or issue a biometric fingerprint credit card with, among other card-like products, will be prevented from doing so at United States.

“The issued patents give SmartMetric exclusivity, particularly in the US market, from copies of Cats products,” said Chaya Hendrick, president and CEO of SmartMetric.

A few European-based companies have taken to copying and infringing the patented SmartMetric biometric product. These companies will not be able to sell their copycat products in the US market. Any bank or card issuer wishing to issue biometric credit cards to their customers will be required by US patent law to purchase such cards from SmartMetric.

The product exclusivity granted to SmartMetric will be enforced by the company against any company that attempts to introduce a copycat biometric card product into the United States. Using the Federal Trade Commission, copiers will be stopped at the border according to the president and CEO of SmartMetric.

The SmartMetric fingerprint-enabled biometric credit card hits the market in light of alarming figures showing that businesses are suffering monumental losses due to online and checkout fraud. What is so alarming is that the growth rate of online fraud for merchants is in the triple digits, with losses for chargebacks alone estimated at $30 billion in the United States.

Chargebacks are where the credit card user, among other things, denies making the card purchase or says they never received the goods. An estimated 86% of these $30 billion in “chargebacks” or, to be more precise, transaction reversals, are based on fraudulent misrepresentation by the card user.

“The use of the SmartMetric Biometric Credit Card which only allows the legal cardholder to use the card, protects card users, merchants, card processors and card issuing banks with biometric technology from integrated credit card tip,” said Chaya Hendrick, President and CEO of SmartMetric today.

The SmartMetric biometric credit and debit card developed by SmartMetric uses the cardholder’s fingerprint which is read by a Nano fingerprint scanner inside the card, to activate the card before insertion. in the card reader or ATM. The cardholder’s biometrics are protected since their fingerprint is stored inside their card and never leaves it. Only the authorized holder of the SmartMetric biometric credit and debit card can use the card.

“The use of the SmartMetric Biometric Credit Card which only allows the legal cardholder to use the card, protects card users, merchants, card processors and banks with advanced biometric technology integrated into the card,” Chaya Hendrick said.

Further information about the SmartMetric biometric credit card is available on the company’s website at www.smartmetric.com

The figures used come from: https://chargebacks911.com/scary-chargeback-facts/

Safe Harbor Statement: The forward-looking statements contained in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by using words such as “may”, “could”, “expect”, “intend”, “plan”, “seek”, “anticipate” , “believe”, “estimate”, “predict”, “potential”, “continue”, “probable”, “should”, “would” and variations of these similar terms and expressions, or the negative of these terms or expressions similar. These forward-looking statements are necessarily based on estimates and assumptions that, although considered reasonable by us and our management, are inherently uncertain. Factors that could cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our growth plans; changes in the competitive environment of our industry and the markets in which we operate; our ability to access capital markets; and other risks discussed in the Company’s filings with the United States Securities and Exchange Commission, including our Annual Report on Form 10-K, which documents are available from the SEC. We caution you not to place undue reliance on forward-looking statements, which are made as of the date of this press release. We undertake no obligation to publicly update any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting the forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no conclusion should be drawn that we will make additional updates with respect to such or other forward-looking statements. Investors and security holders are urged to carefully review and review each of SmartMetric Inc.’s public filings with the SEC, including, but not limited to, where applicable, annual form reports. 10-K, proxy statements, Current Reports on Form 8-K, and Quarterly Reports on Form 10-Q.

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How to choose a credit card for you https://aadharuid.in/how-to-choose-a-credit-card-for-you/ Mon, 31 Oct 2022 22:05:48 +0000 https://aadharuid.in/how-to-choose-a-credit-card-for-you/ Credit card debt is rising in the United States as consumers struggle to keep up with inflation and rising interest rates. Owning a credit card can be financially risky, but if you choose a credit card wisely, you can get benefits you can’t get without a card. No card is right for everyone, and there […]]]>

Credit card debt is rising in the United States as consumers struggle to keep up with inflation and rising interest rates. Owning a credit card can be financially risky, but if you choose a credit card wisely, you can get benefits you can’t get without a card.

No card is right for everyone, and there probably isn’t even a best card for you. The key is to start by understanding where you are now; what is your credit profile and what is your main objective when you have a card? Do you need to improve your credit? Are you planning a large purchase or hoping to transfer the balance from another credit card with high interest rates? Or do you have your eye on cash, travel, or other rewards? A little soul searching before your credit card search pays off in the long run.

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Can you keep your credit card points when returning a purchase? https://aadharuid.in/can-you-keep-your-credit-card-points-when-returning-a-purchase/ Fri, 28 Oct 2022 15:00:28 +0000 https://aadharuid.in/can-you-keep-your-credit-card-points-when-returning-a-purchase/ Image source: Getty Images The quick answer? Generally no. Key points It’s natural to buy things, but then change your mind. It’s important to understand how this might affect your credit card rewards. In most cases, you will lose accumulated reward points if you return a credit card purchase. One of the biggest benefits of […]]]>

Image source: Getty Images

The quick answer? Generally no.


Key points

  • It’s natural to buy things, but then change your mind.
  • It’s important to understand how this might affect your credit card rewards.
  • In most cases, you will lose accumulated reward points if you return a credit card purchase.

One of the biggest benefits of using credit cards is being able to earn rewards for the purchases you make. If you regularly spend $800 a month at the supermarket, paying for your groceries with a credit card rather than cash could mean getting a percentage of that money back, either as cash back or rewards you can redeem for. different options.

But what if you make a purchase, see your rewards balance increase, and then make the decision to return the item in question? Will you lose the reward points associated with this purchase?

Generally speaking, the answer is yes. And this is an important thing to keep in mind if you are looking for a credit card sign up bonus.

Check it out: This card has one of the longest 0% interest intro periods.

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How reward points work

When you make purchases that qualify for rewards, those rewards are usually credited to your balance after you pay the associated bill. But if you then return an item on which you’ve accumulated rewards points, just as you’ll get your money back from the retailer in question, you should also expect to see those rewards points deducted from your balance.

Exactly how these reward points are subtracted from your balance will depend on your specific credit card. In some cases, you may see these reward points deducted immediately. In other cases, this rewards point deduction may not appear until your next billing cycle.

How returns could impact a sign-up bonus

Many credit cards offer sign-up bonuses that allow cardholders to earn extra cash back or rewards for meeting certain spending requirements. For example, you could get a new credit card that offers $250 cash back for spending $2,500 within three months of opening your account.

If you are only just able to meet this spending requirement, you will need to be very careful when returning items you have purchased with this card. Let’s say you change your mind about a $100 kitchen gadget and decide to take it back to the store. If that $100 return puts your expenses at $2,400 for the first three months after opening your card, it could actually cost you $250.

Should you make purchases for the express purpose of earning rewards?

This is generally a reckless idea. What you rack up in rewards may be only a fraction of the cost of an item you don’t like so much. Or, to put it another way, you shouldn’t force yourself to spend $100 to earn $2 in rewards points.

However, if you’re about to land a sign-up bonus, you might want to do things differently. Going back to our example, let’s say you’re nearing the end of your three-month period and you’ve only spent $2,400 during that time. You have to spend another $100 to get a salary of $250. In this case, actually Is pay to buy something for $100 so you can get all that money back.

But that doesn’t mean you have to waste that $100 on nonsense. If you have decent storage space at home, buy $100 worth of non-perishable essentials, like tissues and toilet paper. These are items that you will eventually need and therefore should not feel compelled to return.

The best credit card waives interest until 2024

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