Fidelity Rewards Visa Dropping Two Useful Benefits

Fidelity Rewards Visa Signature CardThe Fidelity Rewards Visa card is one of my favorite credit cards if you are looking to earn unlimited 2% cash back on your spending without dealing with the hassle of category restrictions or other hoops to jump through.

While the cash back policy is not changing, cardmembers are getting some bad news about two popular benefits that will be discontinued at the end of March 2021.

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How to Successfully Get A Credit Card Limit Increase

Increase Your Credit LineWhen you apply for a new credit card and have little to no credit, the credit card companies are taking a chance you will pay off the charges that you make. To protect themselves, they usually start you off with a small credit line.

As your credit limit is one of the biggest components in determining your credit score, you may be wondering how you can increase the amount of credit available you to. Here are some simple ways to get a higher credit limit.

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Is It Better To Cancel An Unused Credit Card?

Closing An Old Credit CardMany people may wonder whether it would be a good idea to cancel a credit card they aren’t using regularly. In most cases, keeping a credit card account open will help your credit score. However, there are still a few situations where you may want to cancel an unused credit card.

Here are the do’s and don’ts if you are thinking about closing that old credit card.

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How To Transfer Credit Limits Between American Express Cards

American Express Business Cash Credit CardAfter opening a new Amex Business Cash credit card recently, I noticed American Express took the credit from one of my other cards for the new card’s credit limit. While you can always request a credit increase, maybe you are like me and don’t need more credit.

Luckily, you can easily reallocate credit lines between your Amex cards. Here is how to do it online or by phone.

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How Many Credit Cards Should I Have?

Optimal Number of Credit CardsThere are so many different kinds of credit cards available right now it’s nuts. There are credit cards for people with bad credit. There are credit cards that offer a percentage cash back for each dollar you charge to them. Other cards that lets you rack up airline miles towards free travel.

This brings up a couple questions most people have. How many credit cards should I have? How many credit cards are too many?

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Avoid These Huge Balance Transfer Mistakes

10 Balance Transfer Mistakes To AvoidBefore you run hop online and start applying for a balance transfer credit card, know that banks and credit card companies aren’t offering these cards because they want to give you free money. They are really hoping you’d mess up so they can reap the financial rewards.

Be smart about balance transfers and avoid these 10 common mistakes.

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Are Credit Card Balance Transfers A Smart Idea?

Get Out of Debt with a Balance TransferAre you sinking further into credit card debt and trying to keep your head above water? High-interest credit cards and personal loans can make getting ahead of your debt situation seem almost impossible.

A balance transfer could be the lifeline that you need to improve your finances. But transferring a balance can also turn that lifeline into an anchor that could get you into more trouble. Before you think about doing a credit card balance transfer, here is what you need to know.

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How To Cancel A Chase Credit Card

Cancel Chase Credit CardJPMorgan Chase is the second largest card issuer of credit cards in the U.S. with over 80 million cardholders and $131 billion in outstanding credit card loans. In recent years, the Chase Sapphire Preferred and Reserved cards have been extremely popular with bonus points chasers and many card-enthusiasts thanks to 2x and 3x points on travel and dining and no foreign transaction fees. Those cards however have an annual fee, which in the case of the Chase Sapphire Reserved is a hefty $450.

If you have a Chase credit card and want to lighten the load on your wallet, both literally and figuratively with the Sapphire cards, follow these instructions on how to cancel your card online, by phone, or mail.

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How To Cancel A Capital One Credit Card

Cancel Capital One CardCapital One is the third largest credit card issuer in the United States so when their commercials ask “What’s In Your Wallet”, if you don’t have a Chase or Citi credit card, you probably have a Capital One.

I have their Quicksilver rewards card, which was a decent 1.5% cashback card at the time until it was surpassed by Citi’s Double Cash card. What makes Capital One’s cards still worth keeping even now though is their no foreign transaction fees if you travel internationally. But what if you have better rewards cards you’d rather carry in your wallet and you want to cancel your Capital One credit card.

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