Have you ever wondered what would happen if you forgot to pay your credit card bill? This recently happened to me, so I can tell you firsthand. Like many of you, I live a busy life. Between late nights at the office, running errands and going to the gym, it can be easy to forget something important.
Are you guilty of procrastination? You’re not alone. No matter how productive we are with our time, there are some tasks that we all dread. For me it’s filing my taxes. Since I have self-employment and rental income, it’s quite a time-consuming ordeal.
There seems to be a never-ending game of cat and mouse going on between credit card companies and fraudsters. Technology keeps evolving to keep your credit card protected. In an effort to stay one step ahead of the “bad guys,” MasterCard is testing out a new security feature on its credit cards.
Chip and PIN move over, there’s a new security feature in town. MasterCard is mixing biometrics with plastic. In its new credit cards, they’re validated with the cardholder’s fingerprint and include a sensor to read it. MasterCard boasts fingerprint validation as more secure than chip and PIN, as it’s not easy to replicate.
Today there are plenty of technologies with “smart” as part of their title – Smart TVs, smartphones and smart cars, to name a few. But not everything with “smart” in their name is a smashing success. Case in point, the smart card. It looks like the concept of a smart card or a “card full of cards” is totally dead – before it even hit the marketplace.
Credit cards offer us many benefits: consumer protection, better cash flow management and of course, rewards. Although the first two are important, many people sign up for credit cards based solely on the rewards. While signing up for a credit card with rewards that you value is great, would you be surprised to learn that many cardholders never get around to actually redeeming those rewards?
After another exhausting workweek, I was recently going through my mail. I’m used to receiving so many unsolicited offers from banks, so when I saw a letter from Tangerine, I assumed it was another special offer I wasn’t interested in, so I almost tossed it in the recycling without reading it. I’m glad I came to my senses and took the time to review the letter because as I soon discovered, it contained important information about changes to the Tangerine Money-Back Credit Card.
