Credit cards – Blog Campcee Tue, 21 Jun 2022 15:30:00 +0000 en-US hourly 1 Credit cards – Blog Campcee 32 32 RBI extends implementation date for credit and debit card issuance provisions Tue, 21 Jun 2022 15:30:00 +0000

The Reserve Bank of India (RBI) on Tuesday extended the deadline for implementing certain provisions of the main instructions it issued on the issuance of debit and credit cards by three months, from July 1, 2022 to October 1. 2022.

“In view of the various representations received from the players in the sector, it has been decided to extend the deadline for the implementation of the following provisions of the Master Directorate until October 01, 2022,” the central bank said in a circular.

In policy guidance released in April, RBI said card issuers will need to ask the cardholder for one-time password (OTP)-based consent to activate a credit card, if the card doesn’t. has not been activated by the customer for over 30 years. days from the date of issue.

And, if no consent is given by the customer, card issuers will have to close the credit card account at no cost to the customer within seven business days from the date of the customer’s request for confirmation. Now, the central bank has extended the deadline for implementing this provision.

Additionally, card issuers will now have more time to implement RBI’s directive to ensure that the credit limit as sanctioned and notified to the cardholder is not exceeded at any time without seeking explicit consent. of the cardholder has also been extended.

RBI had also said terms for payment of credit card charges, including the minimum amount due, would be stipulated to ensure there was no negative amortization. Unpaid charges/levies/taxes will not be capitalized for invoicing/composition of interest. The deadline for implementing this provision has also been postponed by the plant to October 1, 2022.

Sacombank offers incentives on JCB credit cards Sun, 19 Jun 2022 20:03:00 +0000

VIETNAM, June 20 –

Sacombank JCB credit cardholders can convert to make installment payments with no fees or interest. Cardholders can register for the promotion by composing a message saying THE TGJCB 6T or 12T, and sending it to 8149. — Photo courtesy of Sacombank

HCM CITY – Until September 15, Sacombank is offering incentives to Sacombank JCB credit card holders under its “Zero đồng conversion fee – Zero for cent interest rate” promotion program.

Specifically, Sacombank JCB international credit card holders can make installment payments over a period of six or 12 months without fees or interest for purchases of at least 15 million VNĐ (646 USD).

Customers can register for the promotion by sending a message stating THE TGJCB 6T or 12T (depending on the installment term they choose) to 8149. In the message, the transaction code is the six digits printed on the invoice or sent by Sacombank, or customers can get the transaction code through its hotline at 1900 5555 88.

This offer applies to existing and newly opened Sacombank JCB cardholders. Each cardholder is free to convert to installment payments up to three times during the program period.

In addition, cardholders will also receive many other attractive incentives, such as a daily 20% discount at the top 100 Japanese, Asian and European restaurants and a discount of up to 200,000 VNĐ when enjoying meals at top 10 famous restaurants and cafes such as Gogi, Manwah, Starbucks and KOI Tea.

JCB, a Japanese card brand, is an essential source of emergency funding for all spending needs with many features such as pre-purchase and post-payment with 55 days of interest-free credit, cash withdrawal up to 90% of the credit limit at all ATMs in Switzerland and abroad, convenient purchases and payments via the Internet and interest-free installment purchases.

Sacombank won three awards from the Japanese international card organization JCB for being the top licensee by total retail spend volume, the top licensee by credit card holder base, and the top licensee by merchant sales growth for 2021.

This is the fifth year in a row that the bank has been honored with these awards, indicating its leading position in issuing JCB cards in the Vietnamese market. —VNS

How a Travel Credit Card Can Help This Summer Sun, 12 Jun 2022 13:32:57 +0000

Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners.

Conditions apply to American Express benefits and offers. Visit to learn more.

If you’re planning on getting away from it all this summer, you’ve probably seen the prices of almost everything travel-related go up. From plane tickets and hotel rooms to the gasoline you’ll need on a road trip and jet fuel, every part of the experience is getting more and more expensive, forcing some Americans to stay home.

At the same time, Americans are eager to get out and travel again more than two years into the ongoing pandemic, so what’s the solution?

With a little planning, travel rewards credit cards can help you save a ton of money on your long-awaited adventures. Between the points and miles you’ll earn and the travel insurance and protection benefits that come with most cards, these types of credit cards can help make your next trip much more affordable. Many also offer cardholder benefits such as transferable points, which you can redeem for free (or nearly free) flights and hotel stays with your card’s travel partners, some may offer a set number of free nights that you can take advantage of once you meet the minimum spend requirement. .

Below, select details on how you can use a travel rewards credit card — or more — to help you save money on this year’s summer vacation.

Subscribe to the Select newsletter!

Our top picks delivered to your inbox. Shopping recommendations that help you improve your life, delivered weekly. Register here.

Earn a welcome bonus as a new cardholder

Credit card issuers come out with significant welcome bonuses to meet growing travel demand. Here is an overview of some lucrative offers that are currently available to new cardholders:

  • Chase Sapphire Preferred® Card: Earn 60,000 Chase Ultimate Rewards® points after spending $4,000 in the first three months of account opening, or $750 of travel when you book through the Chase Ultimate Rewards travel portal.
  • Marriott Bonvoy Bold™ Credit Card: Earn five free nights, instead of the usual three, with each night redeemable for up to 50,000 Marriott Bonvoy points, after spending $5,000 within the first three months of opening your account.
  • Three of Hilton’s co-branded credit cards — the Hilton Honors American Express Surpass® Card, the Hilton Honors American Express Card and the Hilton Honors American Express Business Card — offer increased welcome bonuses: 130,000 points after spending $2,000 in the first three months of card membership, 100,000 points after spending $1,000 in the first three months of card membership and 130,000 points after spending $3,000 in the first three months of card membership, respectively.

The welcome bonuses are meant to entice people to get back on the road after more than two years of silence in the skies and falling hotel occupancy rates. Additional welcome bonuses are also expected to arrive throughout the summer.

However, travel rewards cards aren’t all about flashy bonuses. If you want to go on vacation this summer, here are a few other things to consider.

Combine airline and hotel credit cards

Count on a better travel experience

Over Memorial Day weekend this year, the number of people screened at the airport by the TSA nearly matched pre-pandemic rates – from May 26 to May 30, more than 11 million people have been processed by the TSA, while in 2019 it was closer to 12 million.

There is still a significant lack of resources at most airports across the country, largely due to the pandemic and the TSA and most major airlines continue to be understaffed. As a result, those who fly end up with less than pleasant experiences, including long security lines and the looming possibility of flight cancellations.

Since the start of the pandemic, I’ve flown about 20 times and had several flights with long delays or cancellations, mostly due to these staffing issues.

To help combat these lingering inconveniences, travel rewards cards offer the following benefits:

Accelerated Security

Many cards offer enrollment credits for TSA PreCheck®, Global Entry or CLEAR. Although each program is slightly different, they all offer one key benefit: the ability to save time and energy when going through airport security.

Even if you only travel a few times a year, it’s definitely worth having a credit card such as the Chase Sapphire Reserve® or the Capital One Venture Rewards credit card, which each offer up to $100 in statement credit. $ every four years when you apply for TSA PreCheck or Global Entry.

If you’re interested in CLEAR, the American Express® Green Card gives cardholders a $100 credit to help offset the $189 annual membership cost, while the American Express Platinum Card® gives cardholders a credit of $189 per year when they use their card to purchase CLEAR.

Access to the airport lounge

The next time you visit an airport, you may find yourself with fewer dining options, whether they are completely closed or simply cannot open due to lack of staff. In this case, access to the airport lounge could prove very useful.

Not only can you save money by having access to free food and drink, but you’ll also have a quiet place to sit down and relax before your next flight. In some cases, the lounge you’re in may also have showers and other perks, such as staff available to help with travel issues.

Throughout my travels, and with access via my travel rewards cards, I’ve saved myself many hours (and headaches) of using Global Entry to expedite security checks, while the Lounge access provided me with a private place to hang out before my plane trip.

If you want access to the lounge the next time you travel, consider signing up for the Capital One Venture X Rewards Credit Card or the Hilton Honors American Express Aspire Card. A number of other luxury and premium credit cards also offer this benefit.

Travel with confidence knowing you have insurance

At the end of the line

Editorial note: Any opinions, analyses, criticisms or recommendations expressed in this article are those of Select’s editorial staff only and have not been reviewed, endorsed or otherwise endorsed by any third party.

5 Ways to Protect Yourself From Online Fraud When Using Credit Cards Sat, 11 Jun 2022 06:17:16 +0000

First published June 11, 2022 at 11:47 a.m. IST

According to a recent report by the Reserve Bank of India (RBI), the number of bank fraud cases doubled in the financial year 2020-21, despite the fact that the sum involved in the cases was half of what it was in fiscal year 2021-22. According to the study, the total number of fraud cases in fiscal year 22 was 9,103, compared to 7,359 in fiscal year 21. Credit cards, on the other hand, can protect their information and avoid fraud and money loss by following five simple steps.

Online fraud has increased in India in recent years. For example, according to a recent report by the Reserve Bank of India (RBI), the number of bank fraud cases doubled in the financial year 2020-21, despite the fact that the sum involved in the cases was half of what it was in the fiscal year 2021-22. According to the study, the total number of fraud cases in FY22 was 9,103, compared to 7,359 in FY21.

Here are 5 ways to secure details and stay safe from scams

1. Customers should avoid entering their credit card information on dubious websites, as this information may be stolen. Check the URL for ‘https’ to make sure the website has an SSL certificate. SSL certificates are not used on unsecured websites.

2. These days it’s essential to have your credit cards handy. You should also be careful of thefts, especially when traveling by public transport. After taking your cards, thieves can use the credit card’s contactless payment feature to purchase low-cost items.

3. Credit card customers should keep an eye on their credit card statements for unauthorized transactions. Cardholders can also use this practice to check for illegal charges or fines issued by the bank.

Read also | 4-day working week, change in PF contribution likely from July 1? Here’s what we know

4. Many credit card providers offer a feature that allows customers to opt out of offline, internet or overseas transactions. You can use the option to limit your trades and avoid incurring losses.

5. Many credit cards have a fraud protection plan that protects your money in the event of fraudulent activity. Cardholders can also purchase additional insurance to protect their credit card against fraudulent use.

Read also | RBI raises electronic money order limit for recurring credit and debit card payments to Rs 15,000

Save 40% on fall trips booked through Thursday with Southwest Airlines Wed, 08 Jun 2022 18:58:10 +0000

Image source: Getty Images

Find out how to score a cheap flight for your fall travel plans.

Key points

  • Southwest is holding a sale through June 9.
  • Use promo code “FALL40” to get 40% off Fall Flights.

With travel costs rising, we are all looking for great flight deals. If you’re planning a fall trip, you might want to consider booking with Southwest Airlines. The airline is running a limited-time sale where you can get 40% off base fares for select travel dates in the fall. Find out what you need to know to save money on your fall adventure.

Southwest holds sales several times throughout the year. When you book during these saver sales, you can get cheap flight tickets. It’s a smart way to prioritize your travel goals while keeping more money in your bank account.

How to Get 40% Off Fall Flights

The airline is holding a sale from June 7, 2022 to June 9, 2022.

Since the sale ends tomorrow night, you’ll need to act fast.

Here’s what you need to know about the sale:

  • Use promo code “FALL40” to save 40% off base rates.
  • Discounts are applied before taxes and fees.
  • You must book your flight by 11:59 a.m. CDT on June 9, 2022.
  • Travel dates must be between August 16, 2022 and November 5, 2022.
  • Discounts are available on certain flights and dates.
  • Places may be limited.

If you wanted to book a flight for an upcoming trip, this sale gives you the perfect excuse to do it now. You may be able to score an affordable flight for the fall.

Flying with Southwest could save you money

Travelers love flying with Southwest because the airline has a generous baggage policy. Regardless of ticket type, all passengers can check two bags free of charge. If you’re not a team-only carry-on, this can be a nice bonus.

Most airlines charge fees for checked bags unless you are an elite member or have the correct airline credit card in your wallet. Instead of paying $30 per checked bag when flying with another airline, traveling with Southwest is a great way to avoid paying checked baggage fees.

Plan now to prepare for future travel costs

When planning your fall trips, you may want to set a vacation budget. Flight costs aren’t the only expense you’ll need to consider, and you want to make sure you’re not ignoring your financial goals.

By taking the time to plan now, you can continue to put money aside in your savings account to cover other travel expenses like accommodations, activities, and food.

We recommend using an airline credit card or travel credit card when booking your flight. You can earn valuable rewards and earn free trips. If you’re a Southwest Loyalist, check out our best Southwest Airlines credit card list.

The best credit card waives interest until 2023

If you have credit card debt, transfer it to this top balance transfer card guarantees you an introductory APR of 0% in 2023! Plus, you won’t pay any annual fees. These are just a few of the reasons why our experts consider this card a top choice to help you control your debt. Read our full review for free and apply in just 2 minutes.

These are the best credit cards for people with bad credit Mon, 06 Jun 2022 14:30:00 +0000

Image for article titled These are the best credit cards for people with bad credit

Photo: Ivan Kruk (Shutterstock)

If you’ve made missteps with your credit in the past, all is not lost. Although you usually can’t receive approval for the credit cards that offer the most rewards and benefits, you can still start taking steps to rebuild your credit by applying for a credit card for people with bad credit. credit or not. credit history.

Generally, you have two options if you have bad credit: secured cards and unsecured cards. A The secured card will give you slightly better terms, but you’ll need to put down a deposit equal to your line of credit to get started. If you later decide to close your account and it is in good standing or you switch to an unsecured card, your deposit will be returned to you. If you don’t want to post a deposit, there are unsecured cards for people with bad credit, but these cards usually have higher interest rates and often charge other fees.

Because of these higher fees and generally less favorable terms, we generally recommend a secured card if you have bad credit, but we also list some of the best insecure options available.

The Bis Ssecure crepeat itard for peoplee wwith bad crepeat

Discover it Secure card

The Discover it Secure Card is one of our top picks for those with bad credit because in addition to not charging an annual fee, it offers rewards on all eligible purchases and a sign-up bonus in the form of a Cashback Match (Discover will match all cashback earned during your first year as a cardholder at the end of that First year). Discover will regularly review your account to see if you qualify to upgrade to an unsecured account and get your deposit back.

OpenSky Secure Visa Card

The OpenSky Secured Visa Card does not require a credit check to apply, so it may be a good option if you have a history of credit errors. However, this card does not offer rewards and charges an annual fee of $35.

Secure Navy FCU nRewards Visa Card

You’ll need to be eligible to join the Navy Federal Credit Union to apply for the Navy FCU nRewards Secure Visa Card, but if you can, it’s a good option to consider. It charges no annual fee and offers rewards on all purchases. In addition, those who pay their mobile phone bill with this card can benefit from mobile phone insurance.

The Bit’s youit’s not securerepeat itard for people wwith bad crepeat

Visa Petal 1 card “no annual fee”

The “no annual fee” Visa Petal 1 card is one of the few unsecured cards available to those with bad or no credit. However, those who have a bankruptcy or a past missed payment history may not qualify for this card. It offers 2% to 10% back in rewards at select merchants, does not offer a welcome bonus, and does not charge an annual fee.

Tomo credit card

Those without a credit history in the United States can benefit the most from the Tomo credit card, as it is not necessary to have a credit history in the United States to be eligible for the card. Those interested in applying will need to provide Tomo with their salary information, and Tomo may take into account other financial considerations, as well. This card offers cash back on all purchases and does not charge an annual fee.

Op-ed: Oppose restrictions on credit card interchange fees | News, Sports, Jobs Sat, 04 Jun 2022 04:10:40 +0000

Consumers in West Virginia rely on credit cards for their day-to-day needs, from paying for groceries and school supplies to covering emergency auto repairs or medical expenses. Accepted almost everywhere, credit cards offer robust security, fraud protection, and access to credit that might not otherwise be available. Interchange fees, which are only a fraction of a cent on every dollar transacted, make this possible.

The U.S. Senate Judiciary recently held a hearing called, “Excessive Swiping Fees and Barriers to Competition in Credit and Debit Card Systems”, which is an effort by merchants pushing Congress to restrict credit card interchange fees and add routing mandates — and it’s bad for consumers.

Restrictions on credit card trading would deprive credit unions of essential resources that work day in and day out to serve their communities and force them to choose between funding vital programs that benefit their communities or continuing to operate credit card programs. low cost that provide lines of credit to members who would otherwise not be able to obtain them.

The current trading system provides security for consumers, merchants and financial institutions. These fees cover the cost of fraud detection, credit monitoring, and fraudulent purchase protection that reassures consumers and merchants when bad actors attack. The robust security features that make credit cards so attractive to consumers come at a cost. While interchange fees now cover these costs, a potential reduction in these fees, coupled with an alarming increase in fraud, poses a real threat to data security.

Credit card routing mandates can also hamper data security. The proposed routing mandates would give retailers the ability to choose the network they use to route credit card purchases, which is often the cheapest option. Unsurprisingly, the cheapest option is often not the safest or most reliable. This will happen at a time when we need more financial security, not less.

The rate – and cost – of criminal activity is on the rise. When a merchant’s systems are hacked or a card is otherwise compromised, financial institutions absorb a significant portion of the costs.

* $1,600/card – The average fraud payment in 2020

* $6.50: average cost to replace contactless cards

* 36% – Number of credit unions reporting higher fraud losses, 2019-2020

It is important to recognize that credit cards represent an extension of unsecured credit to a consumer, which means that financial institutions provide a loan to a consumer each time a credit card is used to purchase goods or services. services from a retailer or merchant on a network that was uniquely developed for this purpose.

When merchants pay an interchange fee, it is the cost they incur for the service of using the card network. Imposing additional compliance charges or capping the rates charged for the service provided would have a disproportionate impact on the ability of credit unions to offer card services. At least 15% of credit unions would be forced to reduce or eliminate their credit card programs.

The Durbin Amendment was enacted to allow merchants to lower their prices and encourage customers to spend more; however, an analysis by the Federal Reserve Bank of Richmond found that only about 1% of merchants passed their savings on to consumers through reduced prices.

Expanding exchange regulations and adding routing mandates at a time when the economy is struggling to recover from a global pandemic will only further damage community financial institutions and limit their ability to serve the small businesses and individuals who need it most.

The West Virginia Credit Union League, which represents more than 380,000 members, strongly opposes expanding credit card trading restrictions because it is clear that it is failing government policy, which should not be implemented.


Rich Schaffer is the president and CEO of the West Virginia Credit Union League in Parkersburg, WV.

Today’s breaking news and more to your inbox

How Gen Z consumers use their credit cards Thu, 02 Jun 2022 11:00:19 +0000

When it comes to paying with plastic, comfort levels vary from generation to generation. Our latest data, compiled in Bankrate’s December 2021 Credit Card Characteristics Survey, found that 55% of people aged 18-29 had at least one credit card. This rose to 73% for those aged 30 to 49, 78% for those aged 50 to 64 and 89% for those aged 65 and over.

Of all generations, Gen Z (often categorized as born between 1997 and 2012) tends to be the least likely to jump on the credit card bandwagon. There are a few factors that contribute to this. Among them are the lack of access to credit, the fear of falling into a spiral of debt and the rise in popularity of “buy now, pay later” alternatives.

At the other end of the spectrum, older consumers tend to have longer credit histories and greater access to a wider range of credit cards, making them more comfortable owning and buying. use credit cards.

Gen Z’s relationship with credit cards

With so many alternatives to traditional credit cards, many Gen Zers have put off adding a credit card to their wallet and are more likely to use debit cards to cover purchases. Another popular alternative is buy now, pay later (BNPL). Think of BNPL as an installment loan. It gives young consumers the opportunity to spread large payments over time and avoid falling into a spiral of debt by only using BNPL where it is accepted and only for certain purchases.

While Gen Z tends to have a reputation for being debt averse, some studies show that this group isn’t necessarily anti-credit card. But they are more cautious than older generations about how often they use them. According to Experian’s Credit Condition Report, Gen Z consumers have increased the number of credit cards they carry and have an overall credit card debt balance of $2,197, compared to Gen X cardholders who have an average credit card balance of $7,718.

How Gen Z compares to older generations

A few key generational differences have contributed to this shift in credit habits between older and younger generations. The Credit Card Accountability and Disclosure Act 2009 (known as the Credit Card Act) made it more difficult for consumers under 21 to obtain a credit card. credit without first meeting certain income requirements or securing a co-signer.

It also prevented credit card companies from marketing their products on college campuses. This shift has resulted in a delay in first credit card ownership for Gen Z who, unlike previous generations, were not targeted for credit products at a younger age and faced challenges. additional hurdles when it comes to accessing new credit.

Additionally, a MagnifyMoney survey found that 67% of Gen Zers rely on their parents for financial assistance, more than any other generation. This could make them less inclined to take on consumer debt without a reliable source of income to help them pay off their balance.

Even for older Gen Zers entering the workforce, rising inflation has made it harder to save and pay off debt compared to older consumers who tend to earn wages higher and have more money in their savings accounts.

What drives Gen Z’s financial decisions

Studies show that Gen Z are the least financially literate of all generations. Additionally, many Gen Zers fear taking risky financial moves after watching their parents weather the Great Recession, and millennials struggle to pay off student debt and get jobs afterwards.

In fact, Gen Zers cite money issues as a top stressor. Growing student debt, the economic fallout from the pandemic, and rising inflation are a few factors weighing on young Americans today. Experts say money and personal finances will continue to be a major source of stress for many Americans until the economy begins to move in a positive direction, post-pandemic.

Financial resources for Gen Z

Although not as knowledgeable about personal finances, Gen Z Americans have many options for improving their financial literacy. For many Gen Zers born in the digital age, the answer to most of their financial questions is at their fingertips. There are a number of personal finance books, influencers, podcasts, and government resources that can help them improve their overall financial literacy and take charge of their finances.

Gaining this knowledge and learning how to manage money well and build a positive credit history is a key step in reaching major financial milestones like buying a vehicle, becoming a homeowner or taking out a business loan. Creating a simple budget using a strategy such as the 50/20/30 method or the envelope method can help consumers avoid overspending and hold them accountable to their spending goals. savings and recurring payments each month.

These responsible financial habits pay off in the long run, demonstrating to major financial institutions that they can manage their finances and can be a trusted borrower in the future when applying for a new credit card or loan. .

The bottom line

Credit card ownership and spending habits vary across generations due to several external economic factors that can influence consumers and their comfort level with owning and using credit cards. For many Gen Zers, credit cards are considered a valuable tool, but should be managed responsibly and used sparingly.

Couple accused of using stolen credit cards to buy more than $1,000 worth of diesel fuel Tue, 31 May 2022 22:36:00 +0000

Lake Charles, LA (KPLC) – A man and woman are accused of illegally using six credit cards to purchase $656 worth of diesel fuel in Vernon Parish, then later returning to steal an additional $400.

The Vernon Parish Sheriff’s Office began investigating May 11 when a local bank reported multiple compromised debit cards and all of the victims shopped at a local convenience store, according to a message from the sheriff’s office.

Deputies did not find a skimming device at the convenience store, but on May 24, store employees reported that a man had purchased $656 worth of fuel using six credit cards, remaining at the pump for more than 30 minutes, according to the sheriff’s office.

The next day, convenience store employees reported that the man was back at the pumps, according to the sheriff’s office. Deputies responded and found he had pumped over $430 from a tank in the back of his vehicle.

“Detectives observed that the cargo area of ​​the pickup truck contained a metal fuel tank fitted with a fuel pump,” the sheriff’s office said in the post.

Yunior Marin Castaneda, 32, and Elenis Fernandez Rodriguez, 35, were both arrested on 32 counts of misuse of monetary instruments, 30 counts of identity theft and one count of criminal association. Bond was set at $120,000 for each of them.(Vernon Parish Sheriff’s Office)
Yunior Marin Castaneda, 32, and Elenis Fernandez Rodriguez, 35, were both arrested on the 32...
Yunior Marin Castaneda, 32, and Elenis Fernandez Rodriguez, 35, were both arrested on 32 counts of misuse of monetary instruments, 30 counts of identity theft and one count of criminal association. Bond was set at $120,000 for each of them.(Vernon Parish Sheriff’s Office)

Store employees also retrieved about 30 gift cards from a trash can near the fuel pumps, according to the sheriff’s office.

Yunior Marin Castaneda, 32, and Elenis Fernandez Rodriguez, 35, were both arrested on the 32...
Yunior Marin Castaneda, 32, and Elenis Fernandez Rodriguez, 35, were both arrested on 32 counts of misuse of monetary instruments, 30 counts of identity theft and one count of criminal association. Bond was set at $120,000 for each of them.(Vernon Parish Sheriff’s Office)

The man, Yunior Marin Castaneda, 32, and a woman in the vehicle, Elenis Fernandez Rodriguez, 35, were both arrested.

Both have an address in Port Arthur, Texas, but were identified as Cuban nationals who entered the United States via Mexico, according to the sheriff’s office.

“Both indicated that upon entering Arizona, they were given a court date to appear for a citizenship hearing and released,” according to the sheriff’s office. “Both had fraudulent international driver’s licenses and social security cards at the time of their arrest.”

Both were arrested on 32 counts of misuse of monetary instruments, 30 counts of identity theft and one count of criminal association. Bond was set at $120,000 for each of them.

Both remain at Vernon Parish Jail. Castaneda also has a Texas Harris County Sheriff’s Department inmate on an outstanding warrant for credit card fraud.

The deputies informed the US Department of Immigration and Customs Enforcement, according to the sheriff’s office.

“Sheriff Craft would like to encourage citizens to avoid paying at the pumps whenever possible,” read the message from the sheriff’s office. “Thieves can use technology to steal credit and debit card numbers electronically. A skimming device placed in the fuel pump will record card and pin information. Thieves can then obtain these numbers electronically and load this information onto an empty gift card which is then used to make fraudulent purchases.

Copyright 2022 KPLC. All rights reserved.

8 Best Credit Cards With Annual Fees Under $100 Sun, 29 May 2022 11:10:20 +0000
In the interest of full disclosure, OMAAT earns a referral bonus for anyone approved through some of the links below. These are the best publicly available deals (conditions apply) we’ve found for each product or service. The opinions expressed here are those of the author alone, and not those of the bank, credit card issuer, airline, hotel chain or product manufacturer/service provider, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please see our Advertiser Policy for more details on our partners, and thank you for your support!

Over the years, we’ve seen a lot of inflation in credit card annual fees, as card issuers have increased annual fees for some cards while adding benefits. The good news is that you don’t have to spend hundreds of dollars a year to get a hugely rewarding card.

In this article, I wanted to share great credit cards with annual fees under $100. I chose these cards for different reasons – some for the long-term benefits they provide, some for the return on daily spending they offer, and some for both.

Of course, it’s important to note that everyone looks for different things in credit cards, so there won’t be a “one size fits all” best card because it all depends on your goals. However, I consider the options below to be some of the most attractive.

The Best Low Annual Fee Personal Credit Cards

When it comes to personal credit cards with annual fees under $100, I tend to think the best options are the ones that can earn you the most points, the ones that can give you the best travel protection and ones that can offer you even more benefits. justify the annual fee. So here are my top five recommendations, in no particular order.

Chase Sapphire Preferred Card

The Chase Sapphire Preferred® $95 Annual Fee Card (review) is probably the gold standard for reasonable annual fee cards. This is great if you’re looking for a well-rounded travel rewards card that offers fantastic travel protection, and it’s especially good if you spend a lot on meals and travel.

The Chase Sapphire Preferred card offers the following benefits, among others:

Redeem Chase Points for a stay at Alila Jabal Akhdar

Capital One Venture Card

The $95 Capital One Venture Rewards Credit Card (review) is one of the best cards for everyday spending, so it’s a great option if you just want an easy, super rewarding credit card you can use anywhere. .

The Capital One Venture Card offers, among other things, the following:

Redeem Capital One miles for virtually any travel purchase

Citi Premier Card

The $95 Citi Premier annual fee® The (review) card may stand out among reasonable annual fee cards that earn transferable points. This card has the best bonus categories of any mid-range card, so if you’re looking to rack up points as quickly as possible, this is the card for you.

The Citi Premier Card offers the following benefits, among others:

Earn 3x Citi Points on restaurant spending

IHG Premier Card

The $99 annual fee of the IHG® Rewards Premier Credit Card (exam) is not a card I would get because of the return on spend it offers, but rather because the benefits of simply being a cardholder more than justifies the annual fee.

The IHG Premier Card offers the following benefits, among others:

Even if you’re by no means loyal to IHG, it should be possible to get outsized value here if you stay at hotels with any frequency. Given hotel rates these days, I personally think it’s easy to justify the card based solely on the annual free night certificate, and everything else is icing on the cake.

Receive an anniversary free night certificate

World of Hyatt credit card

The $95 annual fee World of Hyatt Credit Card (review) is another card that I think is worth having for the benefits alone.

The World of Hyatt Card offers the following benefits, among others:

  • An anniversary free night certificate valid at a category 1-4 property, which covers the majority of Hyatt properties worldwide
  • World of Hyatt Discoverist status, which is Hyatt’s entry-level hotel status, offering upgraded rooms, late check-out, bonus points, and more. you also get early access to other World of Hyatt statuses

While there are other perks, the free night should be worth well over $95 per year, given hotel prices these days.

Receive an anniversary free night certificate

The Best Low Annual Fee Business Credit Cards

There are plenty of great business credit cards out there, but which cards are “simple” and have annual fees under $100? It narrows down a bit, but there are still some good options. Below are my top three recommendations, in no particular order.

Chase Ink Business Preferred Card

The $95 Ink Business Preferred® Credit Card (review) is the best business credit card, in my opinion. If you are looking for a card with a huge bonus, excellent ROI and useful perks, this is it.

The Ink Business Preferred card offers, among others, the following advantages:

  • Exceptional bonus categories, as the card offers up to 3x points on travel, shipping, internet, cable, phone service and ad purchases made with social media sites and search engines, for cardholder’s first $150,000 in combined purchases each year
  • An amazing mobile phone protection benefit
  • Travel protection, including rental car coverage
  • Useful points that can be transferred to airline and hotel partners or redeemed for a minimum of 1.25 cents each towards the cost of a travel purchase
Protect your mobile phone with the card

Capital One Spark Miles Card

The $95 annual fee (waived for the first 12 months) Capital One Spark Miles for Business (review) is essentially the calling card equivalent of the Capital One Venture Rewards credit card. It’s one of the best business cards for everyday spending, so it’s a great option if you just want an easy and super rewarding credit card that you can use anywhere.

The Capital One Spark Miles business card offers the following benefits, among others:

Redeem Capital One miles for Emirates First Class travel

IHG Premier Business Card

The $99 IHG® Rewards Premier Business Credit Card (Revision) is the retail version of the IHG® Rewards Premier Credit Card, and the benefits are virtually identical.

The IHG Business Premier Card offers the following benefits, among others:

Get a fourth night free at an IHG property

At the end of the line

There are plenty of great credit cards out there, though the cards above are my five favorite personal cards and my three favorite business cards with annual fees under $100 each. As you can see, some of these cards are great because of the return on spend they provide, some are great because of the travel protection they provide, and some are great because of the benefits they provide. they offer.

Of course, there are also many other low annual cost cards.

What’s your favorite credit card with annual fees under $100?