The biggest credit news this week is all about credit cards, focusing on how you can get your hands on better ones.
Our latest installment of our Best Credit Cards in America series, credit card guru Jason Steele uses a unique ranking system to pick the best three business credit cards with no annual fee.
What some consumers might not know is that business credit cards aren’t just for business owners. Anyone can apply for a business credit card and take advantage of some of the great rewards they offer. The best card is the Ink Classic From Chase, which offers cardholders earn five points per dollar on their first $25,000 spent each year at office supply stores, and on cellular phone, landline, Internet and cable TV services. Plus, new applicants earn 20,000 points after spending $3,000 within the first three months of opening an account.
Not so happy about the credit cards currently in your arsenal? You can use these tips to make your current cards better, or even to convince an issuer to give you a new credit card at even better rates.
Jason Steele recommends being diligent in contacting issuers, especially if they’ve shorted you on the rewards you were expecting, as happened to him. After being blown off by a phone call to the issuer, he submitted a complaint to the website and got the rewards he wanted!
The battle over swipe fees seems like it will never end. This credit news has been talked about for months, and a new suit may slow down the eventual finalization of the multi-billion-dollar settlement between retailer and credit card issuers over the debit and credit card swipe fees.
Part of the settlement allows retailers to pass the cost of the swipe fees onto consumers, with the exception of states that have already outlawed the practice.