Another week has gone by and it is time to summarize this week’s posts for those who missed out. Links are provided for curiosity.
This was a quiet week for me with writing because most of the bigger news had to do with the global economy and the travel industry. However, I managed to publish three posts. Two of them presented some of the best cards for some relevant situations. And the third discussed when you should downgrade a credit card.
Without further ado, here’s the weekly review:
Best Credit Cards For Warehouse Clubs
The idea for Monday’s post came from reader Christian who commented on a post from the week before. I love receiving post ideas from readers like you, especially when you ask questions or want me to research a credit card related topic.
Furthermore, this post focuses on the best credit cards for wholesale clubs, mainly Costco and Sam’s Club. Both stores have interesting credit card acceptance policies, especially Costco. That is why the post is divided into one section for Visa cards and one section for non-Visa cards. Costco only accepts Visa cards in their brick-and-mortar stores. But they accept MasterCard and Discover cards on their website. Conversely, Sam’s Club accepts all four networks.
When Should You Downgrade a Credit Card?
Wednesday’s post discussed when you should downgrade a credit card. Downgrading a premium credit card during these strange times is an excellent idea. Most of the perks offered with premium credit cards are useless because of the coronavirus epidemic. International travel is not an option (I never thought I would ever write that!), thereby making premium cards wasted investments for 2020.
Fortunately, most premium card issuers have downgrade options from their premium cards. For example, you can downgrade the Chase Sapphire Reserve to either the Freedom or Freedom Unlimited cards.
Best No Annual Fee Credit Cards
Thursday’s post is a great segue from Wednesday’s post as it presents some of the best no annual fee credit cards in the industry. This post presents examples and solutions for those who have premium cards and do not want to cancel them.
All the major issuers have at least one no annual fee credit card. Some of them earn cash back while other earn points and miles. Plus, there are some cards that earn cash back but provide you the opportunity to transfer their rewards into points and miles. The catch is that you must have a mid-tier or premium credit card to perform the transfer.
The Citi Double Cash is an excellent example. It has no annual fee, earns cash back, and you can turn your rewards into Citi Thank You (TY) points if you want.
I hope that everyone has a great Sunday! Stay posted for more content next week!