CreditCardLounge.info

By Jeremy Simon
Any old airline credit card can give you air miles. The Virgin Atlantic American Express Card offers airless miles.

This newly launched credit card from Bank of America offers the chance to experience space travel. The credit card “not only enables cardmembers to earn three miles for every $1 spent on Virgin Atlantic purchases,” reads a Bank of America press release, “but also offers card members the opportunity to redeem points for exclusive rewards such as a trip into space.” (more…)

Decide carefully who gets added to your account and how

By Todd Ossenfort

Q :

Dear Credit Guy,
What is the difference between a joint account holder and an authorized user? Is an authorized user legally liable to pay the credit card balance in the event that the principal has abandoned the debt? — Ruth (more…)

By John Mann
Apply online for a credit card to establish brand-new credit? This might sound like poor or unworkable advice. But if you apply online for a credit card and it’s the right type of credit card, you are pretty certain of being accepted for the credit card. And you’ll be on your way to establishing a good credit record for yourself. (more…)