March 2010

Cash Is Not Obsolete (Yet)

March 30, 2010

There’s been a lot of love for credit cards floating around the internet lately, in spite of the recent consumer backlash against the card issuer industry.  We, of course, are guilty of this too. Credit cards have a lot going for them, after all.  As Fred Wilson points out at the AVC blog, credit cards [...]

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Check Us Out in Carnival of Personal Finance

March 29, 2010

Our recent blog post about rental car insurance has been featured in this week’s Carnival of Personal Finance, hosted by Four Pillars, right alongside a ton of other great personal finance posts. Give it a look for this week’s roundup of personal finance goodness!

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Automotive Credit Cards: The Best Deal Around?

March 23, 2010

Best deal around, if you are planning to buy a GM, Subaru, or Mercedes Benz vehicle. The GM credit card and Subaru credit card offer 3% rewards on everything you buy, terms that no other card can beat. As of August 2011, there are also 2 new Mercedes Benz cards that get you $500 or [...]

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NerdWallet New-Point-Oh!

March 19, 2010

As of the pre-dawn hours, NerdWallet is sporting a shiny new coat of paint.  We got her all dressed up for her debutante, and we’re quite proud of the new look and feel. Special thanks goes out to @pbee, one of our Twitter fans who also turned out to be quite the artistic designer! Drop [...]

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Rental Cars: Should you Pay for Extra Insurance?

March 17, 2010

What Happens If I Wreck a Rental Car? Disclaimer: The following comments are generalizations, and are not meant to be a substitute for verifying details of your auto insurance policy and credit card rental car insurance policy. Every policy and credit card offers different levels of liability protection. For an updated breakdown of terms, and which [...]

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Chase Freedom Ups Bonus Category Rewards from 3% to 5%

March 16, 2010

On March 15, Chase raised its seasonal bonus rewards from 3% to 5%. In our opinion, this is all unnecessarily complicated, and therefore we continue to give Chase zero credit for any bonus reward categories in our calculations. After all, what if you don’t feel like shopping for furniture from April to June? 5% back [...]

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Why Ranking Credit Cards by APR Can Be Misleading

March 16, 2010

On those scary terms and conditions pages that most of us don’t bother to read, the industry standard is to report your finance charges in terms of APR, or Annual Percentage Rate.  Across the internet, this number is meant to represent an apples-to-apples comparison across cards, but it doesn’t really work that way.  The APR [...]

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Size Does Matter With Credit Card Issuers

March 12, 2010

Frustrated that your bank just increased your APR from 10% to 18% with no justification?  Did you get a notice in the mail saying you were going to be charged a fee for not using your card?  Or just concerned that your bulge bracket credit card company seems to keep finding new ways to nickel [...]

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Capital One’s Venture Cards vs Other 2% Cards

March 4, 2010

In late Feb of 2010, Capital One released a new 2% card, the Venture. Users earn 2 No Hassle Miles per $1 spent, with a $59 annual fee. The company has also released a no-fee version, the VentureOne, that pays 1.25 No Hassle Miles per $1 spent. Nice card, but how does it compare to [...]

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PenFed’s new Promise card offers 3 year introductory APR of 7.49% and no fees

March 4, 2010

PenFed has released the PenFed Promise credit card, a great no-frills low apr card with a fantastically low 7.49% introductory APR fixed for 3 years. According to our new Balance Transfer calculator, which takes into account both introductory promotional balance transfer rates, as well as balance transfer fees, this card is one of the top [...]

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