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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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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RBI curbs HDFC Bank’s digital, credit card operations

MUMBAI (Reuters) – The central bank has forbidden India’s largest private lender HDFC Bank from adding new credit card customers or launching digital businesses after its digital payment services were hit by a power failure last month.

FILE PHOTO: The headquarters of India’s HDFC bank is pictured in Mumbai, India, December 4, 2015. REUTERS/Shailesh Andrade/File photo

The Reserve Bank of India has asked the bank’s board to examine the lapses and fix accountability, the lender said in a stock exchange filing on Thursday.

It said the central bank would consider lifting the curbs on “satisfactory compliance with the major critical observations” it had made.

“We are working on war footing,” said Sashi Jagdishan, Managing Director & CEO of HDFC Bank in a statement to customers published on the bank’s website. “We will work with experts and the regulator to fortify the identified areas for improvement.”

On Nov. 21, HDFC Bank’s

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India’s central bank curbs HDFC Bank’s digital, credit card operations

Adds analyst quote, more background

MUMBAI, Dec 3 (Reuters)The central bank has forbidden India’s largest private lender HDFC Bank HDBK.NS from adding new credit card customers or launching digital businesses after its digital payment services were hit by a power failure last month.

The Reserve Bank of India has asked the bank’s board to examine the lapses and fix accountability, the lender said in a stock exchange filing on Thursday.

It said the central bank would consider lifting the curbs on “satisfactory compliance with the major critical observations” it had made.

“We are working on war footing,” said Sashi Jagdishan, Managing Director & CEO of HDFC Bank in a statement to customers published on the bank’s website. “We will work with experts and the regulator to fortify the identified areas for improvement.”

On Nov. 21, HDFC Bank’s digital payments business went down for more than 12 hours

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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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Human Academy Japanese Language School’s Online E-commerce Platform Now Equipped with Multi-currency Credit Card Payment Function

TOKYO, Dec. 3, 2020 /PRNewswire/ — Human Academy Japanese Language School, the Japanese education division of an education company, Human Academy Co., Ltd., headquartered in Shinjuku, Tokyo, will be introducing a multi-currency credit card payment function to its latest e-commerce platform “Human Academy Japanese Language School Plus” to provide more options to learn Japanese, other than physically attending the schools based in Tokyo, Osaka and Saga. The payment function will also allow users to pay through the convenience store payment function, which is highly convenient for non-natives.

Logo: https://kyodonewsprwire.jp/img/202011307846-O1-fYNM7DCP

Image:

https://kyodonewsprwire.jp/prwfile/release/M105275/202011307846/_prw_PI2fl_tLD6B8QP.jpg

In the meantime, “Human Academy Japanese Language School Plus” will add multiple courses available for purchase including “Japanese Beginner Basic,” a general Japanese course consisting of 20 hours of video footage and computer-based automatic scoring drills. Also, the line-up will include a JLPT preparatory course, business Japanese course, business Japanese-for-IT-industry course and more to serve needs

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India’s central bank puts curbs on HDFC Bank’s digital, credit card operations

MUMBAI, Dec 3 (Reuters)The central bank has forbidden India’s largest private lender, HDFC Bank HDBK.NS, from adding new credit card customers or launching digital businesses after its digital payment services were hit by a power failure last month.

The Reserve Bank of India has asked the bank’s board to examine the lapses and fix accountability, the lender said in a stock exchange filing on Thursday.

“The above measures shall be considered for lifting upon satisfactory compliance with the major critical observations as identified by the RBI,” it added, referring to the central bank’s curbs.

On Nov. 21, HDFC Bank’s digital payments business was down for more than 12 hours, following a power outage in its primary data centre.

Shares of HDFC Bank turned negative after its statement, giving up earlier session gains of more than 1%, and were last trading down 0.3% by 0516 GMT.

“The bank

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5 common credit card mistakes and how to avoid them

Americans embrace their credit cards – but the plastic problems are stacking up. (iStock)

U.S. financial consumers are big credit card users. A recent survey by Experian found 62% of Americans have between one to five credit cards.

With that much familiarity, you may think consumers know how to optimize their card experience. But ask the average card user about common (and costly) credit card mistakes and you’ll get an earful.

“A couple of years ago, I was traveling to the USA for a holiday with my family,” said James Gall, founder of the U.K.-based Money Builders, a consumer financial website. “I wanted to take a credit card and after some research found a card that charged zero commission on dollar transactions while in the U.S.”

While traveling abroad Gall could use the card in any store or restaurant with zero fees — a big advantage on a

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Visa Backs First Credit Card to Offer Bitcoin Rewards

It’s about to get a lot easier to earn bitcoin thanks to a first-of-its-kind credit card: the Bitcoin Rewards Credit Card. While there are debit cards by Coinbase and Fold that offer bitcoin rewards, this is the first credit card that rewards you with the cryptocurrency, instead of points or miles.

Visa and cryptocurrency financial tech company BlockFi have partnered to release the Bitcoin Rewards Credit Card to U.S. residents in all states except for New York (due to regulatory restrictions) in spring 2021. The card will be issued by Evolve Bank & Trust, and Deserve will be a technology and program management partner for the card.

Cardholders will earn 1.5% cash back on all purchases that will automatically be converted to bitcoin and placed into a BlockFi account every month. Since bitcoin earned from card transactions is deposited into a BlockFi account, it’s regarded as standard crypto funding, and

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