Prepaid debit cards – When should you use them and when not

While a conventional debit card is linked directly to your checking account, a prepaid debit card needs to be loaded with the required amount of funds, for it to be used at various online/offline merchant establishments. Going by the statistics revealed by Pew Charitable Trusts, as many as 23 million US citizens make regular use[…]

Target Redcard Review

The Target REDcard is a special kind of store credit card, one that actually functions more like a debit card than a credit card. When you use it to pay for a purchase, it will take the funds out of the checking account that is associated with the account. This means you will never carry[…]

MasterCard Extends Zero Liability to ATM and PIN

Having zero liability may not sound important, but you might be singing a different tune if you suddenly discover that you have become the victim of fraud or if your credit card account becomes compromised in some way. When you have zero liability, you will not be held responsible for transaction that you do not[…]

How Carrying a Credit Card Balance Affects Your Credit Score

Your credit score is not something magically assigned to you for no reason. It comes from a string of events, many of which you have control over, and it has a dramatic impact on your overall financial health. Once you realize the amount of control that you have, much of which comes from understanding how[…]