Compare Credit Cards

You’ve probably seen plenty of introductory offers as you compare credit cards. They’re designed to grab your attention with temporary benefits that make them more attractive than other options. These offers can vary from one-time bonuses to low fees and rates that can last for months (or even more than a year). But how long is long enough? Does it really matter if an introductory offer lasts three months or six?

Let’s take a look at some specific types of introductory offers you might find and then consider the lengths of those offers.

Types of Introductory Offers

• One-time offers for bonus rewards points
• Low balance transfer rates
• Low purchase interest rates
• No annual fees for your first year
• The ability to earn more rewards points per dollar spent for a limited time

How Long Should an Introductory Offer Be?

While only two out of those five examples involve ongoing introductory offers, they’re two of the most common you’ll find — low balance transfer rate offers and temporary low purchase rates. In fact, al

Read more…

Tags: Introductory Offer, Offer

Corporate Knights, a Canada-based sustainability-focused media firm, publishes a unique list every year that predicts the world’s most sustainable large corporations. Started in 2005, the Global 100 Most Sustainable Corporations in the World is a list of publicly traded companies that, based on research and analysis, are best equipped to manage the environmental, social and governance (ESG) risks and opportunities they face. The idea is to look at the company today and predict the company’s future ability to thrive.

Predicting the financial future of a company is tricky business. Of the original 100 announced in 2005, ten companies on that list are now inactive. Another good example is Eastman Kodak, which appeared on the Global 100 list in 2005, 2006, 2007, 2008, and 2009. Kod

Read more…

The Credit CARD Accountability Responsibility and Disclosure Act was formed by the USA government to uphold the rights of credit card users and offer fair practice from credit card issuers.

The act was passed keeping in mind the consumer but also had provisions for banks to recover lost revenues. One of the biggest strong points of the Card act was the drop in over the limit and penalty fees. There was a considerable drop in percentage of the over the limit and penalty fees charged to the consumer after the Credit Card Act became effective. Post the Credit Card Act the average late payment fees dropped to $25 from $39. Even better was the drop in over the limit fees charges to card holders.

Read more…

Tags: Act, Credit Card