With over four decades of experience as a portfolio manager and educator, Adam B. Frankel simplifies credit card strategies and complex personal finance topics for anyone seeking to gain a better ...

Robin has worked as a credit cards, editor and spokesperson for over a decade. Prior to Forbes Advisor, she also covered credit cards and related content for other national web publications including ...

Take advantage of a negative balance by using the credit to cover a purchase, or ask your issuer for a refund. Many or all of the products on this page are from partners who compensate us when you ...

When it comes to cutting down on debt and managing big purchases, a credit card balance transfer can be an effective strategy for reducing the potential interest you have to pay. But it's important to ...

Learn how the previous balance method calculates credit card interest, its implications for cardholders, and why it might not be the best choice for you.

Some credit card users suffer from what I call “serial get-out-of-debt disorder.” This means you if you follow this pattern: You have the ability to aggressively cut expenses and/or are in a position ...

The smartest way to use a credit card is to pay off your statement balance in full by the due date every month. This good habit can help you in two important ways. When you avoid revolving a balance ...

If you’re using a balance transfer, you should prioritize paying off the balance before the introductory APR period ends. If you’re unable to pay off the entire balance, you can still save on interest ...

Overwhelmed with large credit card balances? You’re not alone! Americans have a record high credit card debt of $6,360 each, on average. And soaring interest rates of more than 24% can make it feel ...

Consumers with subprime credit scores are about three times as likely to be "revolvers" as those with prime credit scores, according to a study by the American Bankers Association. Revolving is a term ...

A negative balance on a credit card is typically a positive sign, indicating that the consumer has overpaid for something or received a statement credit. Negative balances can result from refunds, ...