Continuing to pick through the jargon minefield in the world of credit cards, here are a few more key terms explained read more..

When you get advice on comparing or choosing a credit card, you’ll often hear the following:

“Read the fine print.”

You hear that advice frequently because it’s good advice. The fine print is where the details of an offer are usually presented, while the marketing copy only emphasizes parts of the deal that make a credit card look good (to make you want to apply). But do you really know what “read the fine print” means? Where is that fine print? Did you know there are actually two kinds of credit card offer fine print you should be concerned with? read more..

What are the chances something on your credit card statement this month could surprise you? If you haven’t carefully read your terms and conditions, you might be very surprised indeed. There are all kinds of fees, rules, exceptions, limitations, and restrictions tucked away in the fine print of your credit card terms. And if you don’t educate yourself about them you might end up with the wrong credit card, or worse; you might end up with a much higher bill than expected someday.

Let’s look at why it’s so important to fully review a credit card’s terms and some specific information you might want to look for before applying for a new credit card or using an existing card in a new way. read more..