The New Year is an opportunity for new beginnings, resolutions and changes. And it’s a great time to review your credit, spending habits and finances,before getting a fresh start. Take a look at some helpful and informative articles on tips and trends for 2015 that were written by several credit card authorities. Prepare yourself for what’s next in the world of credit cards, and learn where you may be able to make some cost-effective changes.
CNBC’s Kelli Grant spoke with Matt Shultz from CreditCards.com about changes for credit cards in 2015. Shultz spoke of EMV technology as one of the biggest impending changes, and explained that a side effect of the new technology may well be more potential for use of mobile wallets.
Mike Jelenik also discusses chip technology when revealing his picks for Best Rewards Credit Cards of 2015. Visa and MasterCard are on track to bring the new technology to U.S. shores by October this year. Apple Pay and other mobile wallet services are encroaching as well.
2015 Credit Guide’s General Credit Card Guidance for the New Year offers an easy to understand breakdown on the new technology. With some history, an explanation of the change and how the chip and pin tech will be used, you’ll be much better informed about this important development in the credit card world after this quick read.
Secure credit cards coming in 2015 by Gregory Bresiger further educates the consumer about chip technology for credit cards in the U.S.
For a more in-depth view of chip and pin cards and how they’ll heighten security, read Tom Gara’s Wall Street Journal article, October 2015: The End of the Swipe-and-Sign Credit Card. He speaks with Carolyn Balfany from MasterCard to get some enlightening answers on the switch-over.
In 5 Credit Card Predictions for 2015, Susan Johnston notes that heightened credit card security isn’t limited to EMV and Chip technology, citing Capital One Second Look as one example of this.
Curtis Arnold, founder of BestPrepaidDebitCards.com and CardRatings.com , told Grant he predicts higher interest rates in 2015 and suggests that consumers start looking for fixed rate cards if they are currently carrying a balance on their credit card. Another good option would be advantageous balance transfer offers with fixed rates set over a finite time period.
Grant says NerdWallet’sDirector of Credit Cards Kevin Yuann urges consumers to take advantage of more enticing benefits this year, specifically the regular review of your credit score, extended manufacturers’ warranties and price adjustments.
Johnston discusses enhanced card benefits on U.S. News Money, such as free credit scores and better rewards offers for points and cash back credit cards.
Johnston predicts good news for consumers looking for credit in 2015. She says the evidence points to lenders relaxing their credit standards and offering more no interest or low interest balance transfer offers.
In Delta Pay With Miles Tickets Will Now Earn SkyMiles in 2015, the Points Guy Brian Kelly finds a silver lining amongst the largely negative changes to the Delta SkyMiles program.
2015 Tips and Trends CREDIT CARD HIGHLIGHT!
Want additional tips and advice from the experts? Visit two more excellent resources on our site: our Credit Card Tips and Credit Score sections.
Psyched to get started on 2015 with your awesome credit card and new-found knowledge? Don’t run off just yet. Check out Avoid Potential Pitfalls first.
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