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Credit Card in Traveling – Save Expense and Enjoy Convenience

While traveling, using your traveling card is a great way to save money. Not all credit cards are designed for this purpose, and there are many advantages to using a credit card while abroad. There are several things to consider before applying for a traveling card. Here are some tips for travelers to ensure that …

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How I Collect Thousands in Credit Card Bonuses

Total: $1,806 That’s what I’ve made with credit cards this year, mostly from bonuses (a small percentage came from cashback from normal use). I received about half of that in the form of cash equivalents like statement credits, checks in the mail, or gift cards for Walmart, where we buy our groceries. The other half has …

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This Guy Has 1,497! — How Many Credit Cards Do You Need?

ABC News reports that Walter Cavanagh has 1,497 credit cards, with a total credit line of $1.7 million. Sometime in the late 1960s he and a friend bet a dinner on who could get the most cards by year’s end. Cavanagh won with 143, and then he continued with his new hobby (obsession?). By 1971, …

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Have More Debit Card Transactions Without Spending More

Why would you need more debit card transactions? There are two reasons. The first is to qualify for a bank account opening bonus. After collecting $1,600 of these bonuses in 2015, I wrote about how to meet bank bonus requirements. Having a certain number of debit card purchases is a common qualifier. For example, one …

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Maximize Cash Back and Points on Your Credit Cards

Think you’ve done well with credit card points and cashback offers? A man who calls himself Joe Taxpayer bought $50,000 worth of debit gift cards, in order to take advantage of a temporary 10-percent cash-back promotion on his MasterCard. After paying the purchase fees ($4.95 for each $500 card), he netted $4,500. I made over …

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