3 credit card goals to set in 2021

The value you get from credit cards depends quite a bit on how you use them. If you spend responsibly and pay in full, credit card rewards can make you money. Overspending, on the other hand, could put you in debt and cost you.

To ensure you come out ahead, it helps to set goals. Good credit card goals give you targets to aim for and encourage smart financial habits. Here are three simple and effective credit card goals that will keep you on track through 2021.

3 WAYS TO ELIMINATE CREDIT CARD DEBT

1. No credit card debt

If there’s one way consumers get in trouble with credit cards, it’s credit card debt. The average credit card balance in 2020 reached almost $6,000. On a card with an average APR of about 16.5%, you’re looking at

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ESG Industry Report Card Published On Financial Market Infrastructure Companies

LONDON, Dec. 3, 2020 /PRNewswire/ — The world’s financial market infrastructure companies face risks but also opportunities to credit quality from the increasing focus of stakeholders on environmental, social, and governance factors, S&P Global Ratings said today.

“We expect social and environmental risks and opportunities will most likely emerge in the medium to long term, if at all, though what each company does in the next few years will shape them,” said S&P Global Ratings credit analyst William Edwards in the report published today, “ESG Industry Report Card: Financial Market Infrastructure Companies.”

The report also comments on the ESG risks and opportunities for all rated FMIs, from Asigna Compensacion y Liquidacion of Mexico to Visa Inc.

FMIs have a unique opportunity to use their product expertise, large pools of liquidity, and their role as standard-setters to help issuers, markets, and economies adapt to the carbon transition and climate change. 

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Donate Toys, Coats, Gift Cards, and More to the Y.

This post was contributed by a community member. The views expressed here are the author’s own.

The YMCA of Metro North is hosting its annual holiday charity drives to help make the wishes of children and families come true. We’re collecting toys, coats, presents for children, gift cards, and more this season to distribute to our neighbors in need. Help us create a happy holiday for families by participating in one of these Y Wishes charity drives. You can drop off donations at your local Y or consider shipping a donation of toys or clothes directly from an online retailer to spread some holiday good will and cheer this December.

Learn more about ways to donate below and sign up to participate in the Y Wishes program at https://www.ymcametronorth.org…

TORIGIAN YMCA IN PEABODY
The Torigian YMCA is excited to host an Angel Tree in our lobby this year for members

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Extended warranties are free with credit cards; don’t waste the benefit: That’s Rich!

CLEVELAND, Ohio – My conversations at checkout go something like this when appliances or electronics are being purchased.

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Clerk: Would like like to pay such and such extra for an extended protection plan?

Rich: No, I use a credit card that extends my warranties for an extra two years.

Clerk: Really? That’s a good deal.

My sense is that most people don’t know if their credit card automatically provides extended warranties or which cards offer the longest protections — and that far fewer people ever cash in on the benefit.

I know that my Citi Driver’s Edge MasterCard automatically provides an extra two years of warranty protection, my Chase United Visa does so for one year, and my Discover Card is now worthless in this regard. Discover canceled the extended warranty benefit back February 2018.

So as much as I like accumulating airline miles, my MasterCard with the

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Airline Cards Lose Luster as Coronavirus Persists

Kimberley Moore called
JPMorgan Chase
& Co. in October to ask if it would lower the $450 annual fee on her
United Airlines Holdings Inc.
credit card. A United cardholder for roughly 15 years, Ms. Moore traveled often. Then the coronavirus pandemic hit and Ms. Moore, 53 years old, scaled back her spending and canceled travel plans.

Ms. Moore, a senior director at a national health care organization in Washington, D.C., decided to keep the card after JPMorgan offered her a $200 statement credit. But she has barely used the card since, and is instead mostly using debit cards.

Nearly nine months into the pandemic, banks and airlines are scrambling to rescue their airline rewards cards. The companies have deployed the cards for years to win big-spending customers, but the perks they offer—like flight upgrades and airport lounge access—are all but obsolete in a global pandemic.

Typically, card companies don’t

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Southwest credit cards: 80,000 bonus points



a large passenger jet flying through a blue sky


© iStock


CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission through the LendingTree affiliate network if you apply and are approved for a card, but our reporting is always independent and objective.

You may not be thinking much about travel at the moment, but eventually airlines will resume their full schedules. And if you’ve been waiting for an opportunity to apply for a Southwest Airlines personal credit card with an increased bonus, this is your chance. The airline currently has limited-time offers on all three of its consumer cards, which can not only increase your points balance, but could even help you earn the coveted Southwest Companion Pass.



a man standing in front of a mirror posing for the camera: The Southwest Priority credit card offers 20% back on your inflight purchases, including Wi-Fi.


© iStock
The Southwest Priority credit card offers 20% back on your inflight purchases, including Wi-Fi.

Right now, the Southwest Rapid Rewards Plus Credit Card, the Southwest Rapid

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Luxury Card and High-End Pet Product Brand Boo Oh Announce Exclusive Offer for Cardmembers – Press Release

JACKSON, Wyo.–(Business Wire)–Luxury Card, a leader in the metal credit card industry, shared its recent partnership with the pet product brand Boo Oh. Founder Jay Sae Jung Oh started the company after welcoming a French bulldog named Boo into her life. As an artist and industrial designer, the first-time dog owner struggled to find quality accessories with a thoughtful aesthetic, so she turned her creative spirit to the task, developing pieces both functional and stylish. Boo Oh’s debut line certainly reflects Jung Oh’s driving passion to make beautiful and practical objects.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201203005762/en/

Luxury Card and Boo Oh announced a partnership which will give Cardmembers exclusive benefits with the high-end pet product brand. (Photo: Business Wire)

“We are thrilled to partner with Luxury Card to offer members 15% off accessories designed to elevate ordinary moments with your pet,” says Jung Oh.

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How Technology Can Make Calling A Contact Center Be Delightful

Head of marketing at Lightico. Proven business leader driving tech in enterprises. Born into Fortune 500s — now building tech companies.

When customers call a contact center, the last thing they expect is to be delighted. They brace themselves for complicated and annoying IVRs, multiple conversations with multiple agents and lengthy procedures. Unfortunately, this is what usually comes to pass. 

However, it’s not only the customer who pays the price for disjointed call center processes; the business itself loses out when that customer is forced to make repeat calls, listen to lengthy compliance scripts or read off payment information.

Delighting customers isn’t just a matter of good CX — it makes good business sense and helps boost common call center KPIs. Here, we’ll explore how call centers can improve efficiencies and streamline the end-to-end call center experience.

Hang Up On Long Call Center Waits And Painfully Slow Calls

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Claiming Social Security Early Will Cost You. Here’s How to Make It Work | Personal-finance

  • You’re claiming five years early, which translates to 60 months.
  • For the first 36 months, multiply five-ninths of 1% by 36. That equates to 20%.
  • For the remaining 24 months, multiply five-twelfths of 1% by 24. That gives you another 10%.
  • Add the 20% and 10% together to get a total reduction of 30%.

Looking at the average Social Security benefit at FRA of about $1,500, a 30% cut would reduce that amount by $450 to $1,050 per month.

How to retire early anyway

A 20% or 30% decline in retirement income is a lot, but you can make a lower benefit work by planning ahead. You’ll likely need to attack the shortfall from both sides — by lowering your living expenses and increasing your retirement income. You can often find the largest expense reductions in your debt. Aggressively pay down your high-rate credit cards and look to pay off

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Can You Make End-of-Year Donations With a Credit Card?

A red key on a keyboard labeled DONATE with a heart beside it.

Image source: Getty Images.

While it doesn’t influence our opinions of products, we do receive compensation from partners whose offers appear here. We’re on your side, always. See our full advertiser disclosure here.

Whether it’s the holiday season or just the end of the tax year, there’s something about December that makes us want to give. In fact, around 30% of all charitable giving for the year happens during that jolliest month of the year.

While movies like to portray donations made with envelopes full of cash or absurdly sized checks, many regular folks are putting their charitable giving on their trusty credit cards. Not only are credit cards more convenient — you try fitting a five-foot check on the bus! — but making your donation via card can have some additional benefits.

Earn rewards while still receiving tax deductions

The most obvious perk to donating to your favorite

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