Most Expensive Starbucks Drink (Thanks Credit Card Rewards!)

14 May 2011 | by Porfirio Hillman | No Comments »

Possibly the world’s most expensive Starbucks drink at $20.65

One of the great things about credit card rewards is that they allow you to indulge in things you normally would never buy yourself. For me, that guilty indulgence is Starbucks. I love their burnt-tasting overpriced cup of Joe.

However despite my love for it, I would never actually pay for it. A four-dollar drink x 365 days= $1,460 per year! Think about it… that equals around $2,500 pre-tax income for many people. Luckily thanks to my Discover More, I get to enjoy Starbucks all the time without actually paying for it. Here’s how I do it…

  • The Discover More credit card gives a 5% Cashback Bonus on category spending and 0.25% to 1.00% on everything else. Those rewards add up fast if you max out your 5% spending.
  • Then when you redeem your cash back, you can multiply the value even further by choosing partner gift cards in lieu of cash. For S

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The Platinum Card® from American Express 25,000 Membership Rewards Bonus Points

14 May 2011 | by Porfirio Hillman | No Comments »

As of April 27, The Platinum Card® from American Express offer is giving new members 25,000 Membership Rewards® bonus points. This offer is for new card members and you must spend $1000 within the first three months. These bonus points are redeemable for one round-trip domestic airline ticket which turns out to be a pretty good deal! The Platinum Card® from American Express offers exclusive rewards and programs for those with excellent credit. Here are some of the features the card offers:

  • Earn 25,000 Membership Rewards(R) bonus points when you spend $1,000 in your first three months of Card membership.
  • Get up to $200 in Airline Fee Credits annually to cover incidental fees with your favorite airline.
  • Airport Club access for you and your guests.
  • Platinum Card(R) Concierge is at your service 24/7 to help with gift buying, reservation making, and more.
  • Use your Platinum Card abroad without the foreign transaction fees many other cards charge.
  • FINE HOTELS & RESORTS program offers special upgrades and amenities at more than 600 locations worldwide.

The Platinum Card® from American Express gives members exclusive Platinum Card benefits that makes this card stard out. The

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How Can I Save Money on Gas?

12 May 2011 | by Billy Miller | No Comments »

This past week I was in San Francisco for a convention.  As I was riding to my hotel from the airport we passed several gas stations.  The price of gas was $4,79 per gallon and that was the cheap stuff.  Premium gas was well over $5,00 per gallon.  Ouch!  So, it occurred to me that I should take a departure from my normal “credit” related blogs and give you some tips on how to save money on gas.

Use other modes of transportation – Use public transportation such as bus, train or subway.  Consider walking to your destination, if at all possible.  Or, ride a bike!  San Francisco has a huge bike to work population and you don’t see many obese bike riders.  That’s probably not a coincidence.  If you can’t use alternative transport every day then try to swap out even just one day per week.

Carpool – Find someone who lives near you to carpool to work and/or to children’s activities.  Manypanies and/or cities offer services that match you with a carpool to go to work.  Another similar alternative is the ride share lot.  Many cities have ride share programs where you can park your car in a designated lot near the on-ramp of the interstate and share a ride into the city.

Gas – Use the lowest octane gas to save money. Don’t top off your gas tank as

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Tags: Gas

How to Make a Balance Transfer Work for You

09 May 2011 | by Mildred Matthews | No Comments »

A balance transfer offer from your credit card may be a great financial tool for you. However, just like any other financial tool, you need to understand how balance transfer offers work in order to make the offer work best for you and your personal financial situation.

There are two, major factors to consider when searching for a credit card balance transfer offer: the balance transfer fees and the APR. In short, never accept a balance transfer offer from your credit card unless you are fully aware of all the fees and finance charges that are attached to the offer.

What to look for when using a credit card balance transfer offer:

  • Introductory APR – The first thing you will want to note is the introductory APR being offered by the credit card company. Most balance transfer offers come with low, introductory APRs, but it doesn’t stop there. It

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