Credit.com Review

I have a never-ending fascination with getting my credit score as high as possible.  It’s important to carefully monitor your credit from time to time to check for errors and fraudulent activity.  I’ve previously written about different free ways to access your credit reports and scores here and here.

Credit.com is another website that will provide truly free access to your simulated Experian credit score. This score will give you an idea how creditors view your credit risk level.  

Can you have too many credit cards?

I’ve written before about how one should always pay with a credit card whenever possible.  The protection and benefits that credit cards offer far outweigh any benefit from paying with cash or debit cards. 

I currently have 9 credit cards in active use, and sometimes people are surprised and shocked to hear about it.  I rotate the my credit card usage heavily depending on which card offers the best rewards cash back or bonus points.  Some cards like the Chase Freedom card or the Citibank Dividend card offer rotating cash back categories.  (I would not sign up for those cards right now since the sign up bonuses aren't very good right now.  Promotions should improve the bonus in a few months).

Currently, I am earning 5% cash back / 5x points on every purchase that I make for the next 6 months (credit card promotion).  It’s like carrying a 5% off coupon in my wallet, but better, because the points that I earn can be used for free travel and vacation.

Reuters recently had an article mentioning how Vitaly Pecharsky, the CTO of slickdeals.net has 40 active credit cards in his possession!  This is a man who has optimized spending to get $2000 to $3000 a year in rewards and cash back. 

  

According to Experian, consumers have an average of three cards and only 15 percent have more than seven.

Earn points and miles for Mother's Day bouquets

Mother’s day is Sunday, May 13.  Have you ordered flowers for your mother yet?  Did you know that you can earn bonus points and frequent flyer miles when you order flowers online?  Purchase now with special offers from the convenience of your home.

The two main frequent flyer programs that we participate in are Southwest RapidRewards and American Airlines AAdvantage programs.  

This mother’s day, consider giving a gift of Mother's Day flowers, and get rewarded for showing your love.