American Express Points Now Transfer to Avianca Airlines

American Express Points Now Transfer to Avianca Airlines

Credit Cards
NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from partners. Here’s how we make money. American Express customers who participate in its Membership Rewardsprogram can now transfer those points to the frequent flyer program of the second-largest airline in South America: Avianca Airlines. Avianca LifeMiles now partners with American Express, with one-to-one point transfers that open up more ways for AmExMembership Rewards members to spend, transfer and maximize their points. Based in Bogota, Colombia, Avianca Airlines also has hubs in Lima, Peru and San Salvador, El Salvador. Major U.S. cities served include Miami, New York, Washington, D.C., Los Angeles and Dallas. International cities served include London, Barcelona, Spain and Buenos Aires, Argentina. A world of options With Avianca’s…
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The Citi Prestige Card is Increasing Travel Perks

The Citi Prestige Card is Increasing Travel Perks

Credit Cards
NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence. Some of the products we feature are from partners. Here’s how we make money. The Citi Prestige® Card is getting a boost in travel rewards, earnings options and redemption options in 2019. The best part: It’s because of tracking customer feedback and usage. Here’s what consumers need to know: Beginning in January 2019, cardmembers will earn more points for certain travel purchases. Cardholders will earn five ThankYou points for every $1 spent on dining and travel purchases and three ThankYou points per dollar spent on cruise purchases. The $250 annual bonus extended for air travel is extended to all travel.Travelers can now use this credit to book hotels and other eligible travel purchases in addition…
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Free credit freezes are coming – but similar options are already here

Free credit freezes are coming – but similar options are already here

Credit Cards, Credit Repair, Credit Scores
Americans will get free, fast credit freezes following last week’s enactment of S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act. Most of the law’s 73 pages soften bank regulations that were designed to prevent another financial crisis like the one in 2008. But Section 301 provides an important consumer benefit. Credit freezes block fraudsters from getting a loan in your name by keeping lenders out of your credit file. Currently, freezes are administered under a patchwork of state laws. Credit freezes usually carry a fee of $5 to $10, plus fees for each time they’re lifted, and the process can be cumbersome. The new law requires freezes, when set up electronically, to be placed within one day and removed within an hour of the consumer’s request. The…
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Sears Mastercard is an odd but good choice for gas rewards

Sears Mastercard is an odd but good choice for gas rewards

Credit Cards
When it comes to household spending, the annual cost to fuel up your car is about as much as the typical household spends on clothing but much more than it spends on cellphone service. In other words, gas accounts for a more-than-modest portion of people’s budgets – at least according to the Bureau of Labor Statistics. That’s one of the reasons I’m always mindful of using the credit card that gives me the most rewards on gasoline purchases. The content on this page is accurate as of the posting date. Please see our gas cards page  for the most current version of these card offers, or use our CardMatch tool to find cards matched to your needs.  For years now, I’ve relied on the Blue Cash Preferred® Card from American…
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Consumers are warming to nontraditional credit data

Consumers are warming to nontraditional credit data

Credit Cards
Lenders aren’t the only ones interested in using alternative credit data, such as mobile phone payments and savings account information, to score potential borrowers. Consumers are warming up to the idea, too, according to new research from the credit bureau Experian. Among the findings: 48 percent said they would be open to having their utility bills scrutinized by lenders. 39 percent said they would appreciate it if lenders would consider their savings or checking account history. 38 percent said they would prefer that lenders also looked at their cellphone payments. Meanwhile, more than half of consumers said that their credit scores would likely benefit if the scores included nontraditional data. Where am I in these statistics? I am in favor of alternate credit data – as long as it is accurate.…
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Dining Out? Don’t Leave Credit Card Rewards on the Table

Dining Out? Don’t Leave Credit Card Rewards on the Table

Credit Cards
If you’re not reaping extra helpings of credit card rewards for every restaurant meal you pay for, you’re probably using the wrong credit card. Americans are dining out more than ever. Average annual household spending on food away from home increased 28% from 2013 to 2017, according to the Bureau of Labor Statistics. Both new and existing credit cards are following the dining trend. They’re offering beefed-up cash back, points and frequent flyer miles for restaurant spending, from McDonald’s to Michelin-starred chophouses. Some cards offer the equivalent of 4% or 5% off each restaurant tab, although 3% is more common. A rewards card that pays 3% back returns a cool $144 a year in free money for four-person households that spend the U.S. average on dining out, $400 per month.…
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Best Airline Credit Cards of 2018

Best Airline Credit Cards of 2018

Credit Cards
Our pick for Flexible redemption and sign-up bonus   APPLY NOW on Chase's secure website Chase Sapphire Preferred® Card (135 reviews) Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards® Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases. READ MORE INTRO APR N/A REGULAR APR 17.99% - 24.99% Variable APR ANNUAL FEE $0 for the first year, then $95 RECOMMENDED CREDIT SCORE 690850Good - Excellent SEE IF YOU MAY QUALIFY More on this card Chase Sapphire Preferred® Card Review For richer rewards with a much higher fee…
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Credit Cards for Your Gas-Guzzling Commute

Credit Cards for Your Gas-Guzzling Commute

Credit Cards
July 31, 2018 • 12 min read by McCall Robison 0 Comments [UPDATE: Offer(s) below is no longer available through our site. Please visit our credit card marketplace for current offers. DISCLOSURE: Cards from our partners are mentioned below.] With gas prices higher than they’ve been in three years, commuting is more expensive than ever. As gas prices rise, so do commuters’ frustrations—every visit to the gas station met by an exasperated eye roll at the gas prices and a reluctant surrender of your money. Price per gallon continues to creep higher and higher, with the average price for regular-grade gasoline hitting $3.00 in the United States mid May. According to Spokesman, gas prices have climbed 41 cents in the last three months alone. Trilby Lundberg, gas industry expert, claims…
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Big Credit Card Firms Agree to Cut Fees They Charge Merchants

Big Credit Card Firms Agree to Cut Fees They Charge Merchants

Credit Cards
September 20, 2018 • 7 min read by James Conners   Swipe, insert, or tap — sound familiar? According to recent research, 66 percent of all point-of-sale transactions are completed by card. And this number is expected to grow with technological developments and time-conscious consumers looking for the fastest payment method. Yet, there are still many businesses that don’t accept credit cards as a form of payment. Why? Because merchants are charged a fee every time consumers swipe, insert, or tap their plastic card. Recently, large credit card companies have lowered these merchant fees. This change is, of course, beneficial to business owners. And, these lower fees could also prove to be a strategic move on the part of credit card companies. What are merchant fees? Merchant fees are costs that business owners must pay to credit…
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