Review: Blue Cash Everyday from American Express

is a cash back credit card that offers different levels of cash rebates depending on the type of purchases you make with the card. Is it the best credit card for you? How does it stack up against the competition? Our review is below:

The first thing we obviously want to look at with the Blue Cash Everyday card is the cash back formula. With this card, you’ll get:

  • 3% cash back at U.S. supermarkets, on up to $6000 worth of purchases per year. (If you spend more than $6000 at supermarkets in a year, you’ll get 1% cash back on the purchases beyond $6K.)
  • 2% cash back at U.S. gas stations and at many U.S. department stores (including , but not stores like Walmart or Target)
  • 1% cash back on all other purchases

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Rewards Credit Cards

Rewards credit cards are any credit card that offers you something back in exchange for using it — the more you get back, the better. We also have a fondness for cards that have no annual fee. Below we offer a list of rewards cards that offer a variety of options, from cash back to travel to points programs, and offer credit to customers from fair credit to excellent credit:

  • – See if you Pre-Qualify without harming your credit score. 1% cash back on eligible purchases, terms apply. No deposit requirements and opportunities to build your credit. ++
  • – Receive 1% cash back on eligible purchases and double cash back at the NASCAR.com Superstore. Terms apply. $0 Fraud Liability protects you from unauthorized charges. Email or text alerts to remind you when your payment is due. ++

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Walmart Credit Card Payment, Login, and Customer Service Information

walmart-mastercardWalmart credit cards are issued in partnership with Synchrony Bank (formerly GE Capital Retail Bank), and it is Synchrony you will interact with when it comes to paying your bill online or by mail, or to get customer service assistance.

Below is all the information you need to complete any of these tasks:

  • To access your account and make a Walmart credit card payment online, you can .

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Average Credit Card Limit Statistics – September 2017

albinamatveeva.ru estimates that the average limit on a credit card in the United States is $4564. If we include all the credit cards an average American carries, the average available credit per person on credit cards is $17,615.

Using breakdowns between types of customers based on a report by credit reporting agency Experian in early 2015, we estimate per-card credit limits for consumers based on their credit history:

  • Super-Prime (Credit score of 781-850): $11,752 limit per card
  • Prime (661-780 credit score): $6435 limit per card
  • Near Prime (601-660 credit score): $2807 per card
  • Subprime (500-600 credit score): $1187 per card
  • Deep Subprime (300-499 credit score): $639 per card

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Phillips 66, Conoco, and 76 Credit Card Payment, Login, and Customer Service Information

phillips-66-conoco-76-credit-cardThe Phillips 66, Conoco and 76 credit cards (also known as DriveSavvy cards) are issued in partnership with Synchrony Bank (formerly known as GE Capital Retail Bank), and it is Synchrony Bank you will interact with in order to pay your bill online or by mail, or to get customer service assistance. Below you’ll find all of the information you need to accomplish any of these tasks:

  • If you’d like to pay your bill online, and make a payment.

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Total Consumer Debt

Below are basic consumer debt numbers for the past ten years, , often simply referred to as “the Fed.” These numbers are for total outstanding debt, then broken down by revolving debt (mainly credit card debt) and non-revolving debt (auto loans, student loans, boat loans, etc.). Note that traditional mortgage debt is NOT included in these numbers; mortgage debt is .)

Current year numbers are reported based on each quarter or month, while past years are reported based on the outstanding debt at year-end:

2017:

  • Most Current, ending July, 2017 (preliminary numbers, subject to later revision): — Total Outstanding Debt: $3.75 trillion, Revolving Debt: $995 billion, Non-Revolving Debt: $2.76 trillion
  • 2nd Quarter (ending June 30, 2017): Total Outstanding Debt: $3.74 trillion, Revolving Debt: $992 billion, Non-Revolving Debt: $2.74 trillion
  • 1st Quarter (ending March 31, 2017): Total Outstanding Debt: $3.69 trillion, Revolving Debt: $980 billion, Non-Revolving Debt: $2.71 trillion

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Average Credit Card Debt – September 2017

This month we calculate the average credit card debt per credit card holder in the United States to be $5284.54. The average credit card debt per household is $8056.81.

How did we arrive at these numbers?

Using data from the Federal Reserve, the U.S. Census, and various other sources, we note that revolving credit card debt was just under $1 trillion in July ($994.5 billion to be exact). About 77% of the country’s 325+ million people are 18 or over, and about 75% of those people are credit card holders. The average household has 2.64 people.
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Average Credit Card Rates – September 2017

average-card-rates225The current average credit card rate for the overall market is 19.65%. This rate average is the same as that calculated last month, the first time the average rate has not increased in 2017. Since December of 2016, the average credit card rate for new card customers has increased from 18.71% to the current 19.65%, almost a full percentage point rise in that span. While the Federal Reserve has raised interest rates by 0.75% over that time period, card issuers have tacked on their own increases beyond the automatic increases triggered by the Fed’s moves. (Most credit cards offer variable rates tied to the movement of Federal interest rates.)

The current 19.65% average rate includes both bank credit cards and retail credit cards. See below for further breakdowns of rate averages by category.

Comparing current rates to the past, the average credit card rate at this time last year was 18.74%. Going back two years, the average rate in September of 2015 was 18.37%; in September of 2014 it was 17.88%. As you can see, the average credit card rate is now almost two full percentage points higher than it was three years ago.
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Review: Carnival Cruises Credit Card

carnival-credit-cardCarnival Cruises that allows you to beef up your Carnival FunPoints account balance with every card purchase. Our overview / review of the card is below:

The Carnival MasterCard is good for purchases anywhere MasterCard is accepted, and it offers Carnival FunPoints using the following formula:

  • 2 FunPoints per dollar spent on Carnival purchases including onboard purchases charged to Sail & Sign
  • 1 FunPoint per dollar on all other card purchases.

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BP Credit Card Payment, Login, and Customer Service Information

bp-credit-cardsBP Visa and other BP credit cards are issued in partnership with Synchrony Bank, and it is Synchrony you will deal with when it comes to making a payment online or by mail, or if you need customer service help. Information on completing any of these tasks is below:

  • If you want to pay your BP credit card bill online, and make your payment.

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