One of the reasons why we're covering this topic is because there's a common misconception that the more credit cards and rewards you have, the more debt there is.
The Ask Sebby community consists of financially responsible people, but there's the other end of the spectrum of people with little self-control.
With the holidays coming up, we're receiving more requests to recommend balance transfer cards. I'm a firm believer of paying off your cards in full every month. If you're playing the minimum payment game, pay off your debt first before requesting a card consultation.
The iPhone X is a good example. I know some people who can't afford the phone outright and plan on paying 20% interest each month with their credit card. This means that you're paying a premium to buy the iPhone X. In my opinion, getting into debt for the latest phone is not worth it unless you can somehow turn a profit from it.
Credit cards are like alcohol. If you don't have self-control, you can become an alcoholic quickly. However, if you know your limits and drink responsibly, then alcohol is not a nemesis.
At the end of the day, you should only get a credit card if you pay off your cards in full each month. Don't make the mistake of getting into debt during the holidays.
Select restaurants in the Priority Pass network have started to enforce a new rule where you will only be given a $28 dining credit for you and a guest. Any guests after the first one will not be allocated a dining credit.
The American Express® Gold Card is a competitive card when it comes to dining and grocery shopping, and it also offers a handful of other benefits that make it stand out in the premium card market. Is the American Express® Gold Card worth getting? We created a calculator to see if the card fits your spending habits.
If you have elite status at a qualifying competing airline, you can request a Medallion Status Match Challenge to try Delta Medallion Status. You’ll receive the equivalent Medallion Status for three months, and if you successfully complete the challenge, you can extend your Medallion Status.
American Express recently shook up the game by revamping and rebranding the Amex Premier Rewards Gold (PRG) to the Amex Gold Card. The new benefits and spending multipliers warrant a refresh to the (old) Amex Trifecta.
The Amex Trifecta is a 3-card system that helps you maximize the number of MR points you can earn with everyday spend.
Amex Gold Card unboxing and comparing the weight to other premium travel cards like the Amex Platinum, Chase Sapphire Reserve, and Ritz-Carlton cards.
A rumor recently surfaced that the Citi ThankYou Premier card might be disappearing soon. It’s an unconfirmed rumor, but I wouldn’t be surprised if it’s true due to the recent removal of the Citi Prestige card
American Express announced earlier this year that the American Express Mercedes-Benz Platinum card was going to be discontinued on January 11, 2019. Amex Mercedes-Benz cardholders recently got notified of changes to their account.
If you’re planning on staying at a Hilton property soon, you can enroll in their status match program to earn Gold or Diamond status through March 31, 2020. Once you start the status challenge, you can enjoy the elite perks for 90 days.
American Express just revamped the “old” American Express Premier Rewards Gold to the “new” American Express Gold Card. The relaunch includes new perks, increased annual fee, new card design, and of course, metal cards.
On October 31, 2018, Discover Deals will end. Discover is retiring the program, and any pending rewards will be added to your account as usual.