When it comes time to cancel a card because the annual fee is coming up or because you never use it anymore, you really should ask yourself if you should cancel it or just downgrade it. And most of the time you will want to just downgrade the card. But will downgrading the card affect your credit history or score? No. Will canceling the card? Usually. That is why it is always a great idea to downgrade the card vs canceling it. This will keep your credit score high and allow y

An easy way to accumulate points is to get cards for every purpose, or to cover every major category, travel and dinning for instance are major areas where money is spent, so getting a card that gets bonuses in those areas will help you accumulate points quickly. Being that the banks are in the business to make money not all cards give you amazing bonuses, some give you for travel and dining while other for supermarkets and gas stations. There are 2 major banks that compete f

Deciding on which major credit card company you want to go with might already be decided for you. Sad, I know but the benefits outweigh the risks. What I mean by this is if you live in Philadelphia, PA you are going to have to pick American, as they have a major hub here in these smaller airports and it only benefits you if you have more opportunities to fly out during the day to a myriad of destinations. Likewise, if you live in Denver you might be stuck with United or Front