Written by Oliver Laker on November 14, 2011.
Rewards credit cards in the news by Peter Andrew 
As regular readers may know, card issuers are currently falling over each other in their rush to improve their credit card offers. In fact, its getting tough to keep up with all the enhancements. So heres the first in an occasional series of news blogs that is going to try to make sure that you dont miss anything that could be of value to you.
Cash back credit cards: a bonus from American Express
First up is American Express, who is offering a one-off $25 statement credit if you spend $25 or more at a participating small business on this years Small Business Saturday, which is Nov. 26. But first you must register your U.S.
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Written by Tim Peak on November 10, 2011.
Today over £1 trillion of credit card transactions are processed through over 20 million outlets worldwide each year! But, how does the system work – how is a credit card transaction processed?
Generally, in order for you to be able to process a credit card transaction, you need to find an outlet that is willing to accept the type of credit card you have. Usually this can be easily determined because the outlet will display the symbol of your credit card, e.g. the Visa or MasterCard symbol. On you have established that the outlet will accept your credit card, you then
(a) provide the outlet with you card and the card is processed through a swipe system and your card will then be charged the amount of the purchase, or (b) enter your Personal Identification Number (PIN), which will then charge the purchase to your credit card account.
Some things to consider when using the credit card system
Before you start to use the credit card system, it is essential that you understand:
* that the credit card debt is unsecured, i.e. yo
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Written by Blake Teen on November 8, 2011.
No Annual Fee Frequent Flyer Credit Cards
Save by not paying an annual card fee while still having the benefit of earning FF reward points while making daily purchases. Earn 1 frequent flyer point (FF) for every $2 spent on the Gold Ascent credit card, and 1 Qantas Frequent Flyer (QFF) point on the Qantas Discovery credit card, both from American Express. Enjoy a 0% interest free shopping experience of up to 44 days when settling the balance on your credit card each month. By accumulating unlimited FF points, cardholders can save up and redeem them on long haul flights etc.
Key Features of the Gold Ascent Credit Card
The Gold Ascent credit card frequent flyer program allows members to redeem points at Qantas or the 7 partnership airlines. The credit card has the following features:
- $0 annual card fee (also on additional cards)
- Introductory purchase rate of:
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Written by Oliver Laker on November 6, 2011.
Credit card companies are getting smarter—and this possibly means more confusing. They know that the modern consumer is getting smarter and is casting a much more critical eye toward the credit card offers they receive in the mail.
No longer bowled over by the simple fact that they can get credit, and maybe even put their picture on the credit card, consumers need something additional to sweeten the deal.
In the interest of getting more credit card customers, credit card companies have turned to offering rewards for spending as the newest form of consumer bait. But not every reward credit card is a good deal. <
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Written by Tim Peak on November 2, 2011.
Each year, Phoenix Marketing International analyzes national data on millionaire households to reveal which U.S. states attract the most high-income families. This information is being published first on CNBC.com.
The overall number of millionaire households in the U.S. has increased nationwide for the second time in two years. In 2011, there were 5.94 million millionaire households, compared with 5.56 million households a year earlier, an increase of approximately 6.8 percent. Nearly every U.S. state saw an increase in its total number of millionaires, adding thousands of households to millionaire status, according to the new numbers from Phoenix Marketing.
The study defines millionaire households as those with $1 million or more in investable or liquid assets (excluding sponsored retirement plans and real estate). Overall, 5.08 percent of U.S.
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