Credit Cards

HSBC Penalized Me for Doing a Credit Balance Transfer With Another Card

Two articles I read recently seemed to be eerily prophetic about what happened to me recently when I did a balance transfer on one of my cards.
I normally do a little credit card arbitrage, to get the lowest rates possible. So when one of the credit card rates was set to increase, I did my [...]



Your Lifestyle May Hurt Your Credit Score

An interesting article over at MSN Money made me think a bit. The article, Your lifestyle may hurt credit score – MSN Money talks about how the FTC is pursuing CompuCredit for ‘deceptive marketing practices’ because they monitored not only the payment history but the purchasing history of the card holder.
At first glance, this sounds [...]



The Capital One Debit MasterCard, Now You Don’t Even NEED a Bank Account with Them

In a fit of desperation and mind-boggling strangeness, I received an e-mail offer from Capital One the other day to open a debit card with them. This doesn’t sound that unusual, since virtually every bank account in the world nowadays comes with a connected debit card.
The weirdness begins when you start reading [...]



HSBC Does a Pre-Emptive Strike on My Wife

(Scene – a lone pilot in a small jet plane, swooping and swerving avoiding enemy fire and SAM missiles as they come at him.
Strains of Kenny Loggins’ "Danger Zone" playing in the background. Switch to flashbacks with the commanding officer telling the pilot how dangerous the mission is, but how important it is [...]



One GOOD Thing to Use Credit Cards For – Pay Your Bills Automatically

Many of my readers are probably wondering if this is a late April Fools joke, but it’s not. I do think credit cards are good for some things, and one of the best things I’ve found to use them for is automatically paying bills with.
More and more credit cards are allowing you to [...]