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Archive List for Credit Cards

Credit Limit 101

How to Build Credit History from Scratch Continue from previous post Can you talk a little more about how to get started doing credit card arbitrage, like the basics? I just discovered this and am still trying to get my head around how you get the cash from the cards to invest. I think you […]

Balance Transfer 101

Getting started with Credit Card Arbitrage Recently a reader Evan asked the following question in a blog comment: Can you talk a little more about how to get started doing credit card arbitrage, like the basics? I just discovered this and am still trying to get my head around how you get the cash from […]

Discover Price Protection

Credit Card Price Protection Discover will refund the difference up to $500 on eligible items if you find a lower price at any store within 90 days of purchase. It applies to eligible items at any store so long as you used your Discover card for the entire purchase. There is a reimbursement limit of […]

Cross Account Balance Transfers

Cross-Account Transfers Banks do not allow electronic funds transfers between different account owners even among family members unless the person is a joint account holder. However, they rarely verify the account owner of the target account. Most of the time, cross-account ACH works without any problems except in the rare case that they take additional due […]

Bank of America Closed All Credit Card Accounts

Mass Closure of Credit Card Accounts Today I received letters from Bank of America stating that they are closing my credit cards. As a result of a recent review, we’ve closed your above referenced account because there are too many accounts with balances and you currently owe sufficient amounts on your revolving lines of credit. […]