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.
Credit card reward points can be valuable if you have a redemption in mind and plan accordingly. Here are seven common mistakes to avoid.
Hong Kong is a popular destination for our readers. In this post, we'll show you how to accumulate miles and book a business or first class trip on Cathay Pacific using points.
Plastiq reached out to offer Ask Sebby subscribers a promotional rate of 2% fee for all rent and real estate related payments (rent, business lease, HOA fees, and mortgage payments). Here's how to pay your mortgage with a credit card.
Marriott and SPG recently announced the details of their merger. There are a lot of changes regarding new cards, status, airline partners, and hotel categories. This post will focus on the existing cards that might disappear soon like the Chase Marriott Rewards Premier and the Amex SPG cards.
The Chase IHG Rewards Club Premier card has a 80,000 point signup bonus and gives you a free anniversary night. Here's our review.
American Express is opening a new Centurion Lounge at Los Angeles International Airport (LAX) in 2019.
Roundup of hotel deals, news about the Amex Platinum, how to pay taxes with a credit card, and banking bonuses.
Equifax had a large breach last year that affected millions of Americans by exposing sensitive data like social security numbers, addresses, phone numbers, and more. Here's how to secure your accounts after the Equifax hack.
Chase silently removed price protection and return protection from select cards their portfolio. The Points Guy recently reported that price protection and return protection would be discontinued, and trip cancellation/interruption coverage will be reduced for United co-branded cards.
In September 2016, Marriott International acquired SPG Hotels & Resorts for $13.3 billion. The merger aims to lower costs by combining their technology to create one reservation system, along with one loyalty program. Here's a roundup of the rumors we've seen so far