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3 weeks ago | 
bankrate.com | Jacqueline DeMarco |Re'Dreyona Walker
It’s crucial to understand how residual interest is calculated, especially if you carry a balance on your credit card. If not properly managed, residual interest can impact debt repayment and your credit score, which may take time to recover. Failure to pay residual interest can also lead to additional charges.
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2 months ago | 
bankrate.com | Holly Johnson |Re'Dreyona Walker
The Hilton Honors program allows members to pay for rooms with points, and it rewards them for doing so with free hotel stays. If you’re staying at a Hilton property for five nights or more, you can get the fifth night free of charge if you pay with points. Hilton Honors members can take advantage of this perk by reaching Silver Elite status or by becoming a Hilton Honors Amex cardholder.
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2 months ago | 
bankrate.com | Poonkulali Thangavelu |Re'Dreyona Walker
If you are late with a card payment by more than 30 days, your lender could report this delinquency to credit reporting agencies. This negative information about your delinquency (which the lender could also write off or send to collections if you are delinquent for, typically, six months) could stay on your credit report for up to seven and a half years from the date you first missed your payment.
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2 months ago | 
bankrate.com | Sara Coleman |Re'Dreyona Walker
When you exceed your credit card limit, you face declined transactions, steep penalties, a drop in your credit score — and the potential for your issuer to freeze or close accounts. If you go over your limit, prioritize paying down as much of the balance as you’re able to open up more room on your credit line and lower your overall credit usage. Turn to alternatives like a balance transfer card for breathing room on high-interest rates or call your issuer to request a higher line of credit.
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2 months ago | 
bankrate.com | Erik Martin |Re'Dreyona Walker
If you’re looking to increase your credit limit, the best place to start is on your issuer’s mobile app or website. There, you can typically request a credit limit online and wait for your issuer to get back to you. If that’s not an option, call your issuer directly and talk to them about the process, including whether they’d have to make a hard inquiry on your credit report before making a decision.
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2 months ago | 
bankrate.com | Tim Maxwell |William D. Danko |Re'Dreyona Walker
While it is possible to pay your mortgage with a credit card, the process can be complex, and many mortgage lenders do not accept credit card payments. If you choose to pay your mortgage with a credit card, options include exploring direct payments to your mortgage company (if allowed by all parties involved) or using third-party payment services.
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Jan 10, 2025 | 
bankrate.com | Holly Johnson |Re'Dreyona Walker |Courtney Mihocik
Citi is an advertising partner. The AAdvantage Dining program offers the opportunity to earn airline miles by dining out at participating restaurants instead of traveling with the airline. By dining out and meeting certain requirements, you can progress through different tiers of the program, including becoming a VIP member. Miles earned through the American Airlines AAdvantage Dining program can be redeemed for a variety of travel-related expenses, including flights and hotels.
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Nov 4, 2024 | 
bankrate.com | Holly Johnson |Re'Dreyona Walker
The American Express travel portal (AmexTravel.com) lets individuals book airfare, hotel stays, cruises and more with cash or points. In order to book travel with rewards through this portal, you need an American Express credit card that earns Amex Membership Rewards points. While booking through the portal can make sense, there are scenarios where you can save points by transferring them to Amex airline and hotel partners instead.
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Oct 18, 2024 | 
bankrate.com | Re'Dreyona Walker |Steven Dashiell |Steve Dashiell
A secured credit card — which uses a deposit as collateral to secure your credit line — can help improve your credit score, whether you’re rebuilding your credit or starting your credit history from scratch. However, these cards tend to have lower credit limits, which means keeping your credit utilization ratio at a healthy level can prove challenging. However, there are some higher-limit secured credit cards that can allow for more wiggle room with your purchasing power.
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Oct 9, 2024 | 
bankrate.com | Re'Dreyona Walker |Brendan Dyer
Published on October 09, 2024 | 4 min read Bankrate is always editorially independent. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Terms apply to the offers listed on this page.
