Personal Finance and Money Management

It seems as though airlines are doing every little thing they can lately to tack on fees (American Airlines, for example, now charges $8 for a blanket and neck pillow) while simultaneously curtailing service (removing a number of lavatories to make room for more seating). Somewhat paradoxically however, airlines also love to offer incentives for flying with them. The most common among these incentives are of course frequent flier programs, in which points accumulated through travel and other purchases can be applied as airfare discounts and upgrades.

Unfortunately, there’s not much we can do about $8 blankets or the lack of sufficient lavatories. W

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Citibank finally “got the memo”—credit card users hate fees!

In response they’ve given us the Citi Simplicity card, which is definitely the best credit card on the market right now if you have a severe aversion to fees and like to keep your finances simple.

Here are my top 4 things to love about the Citi Simplicity card:

No annual fee. No late payment fee. No over-the-limit fee. Are you getting the picture?

After reading the fine print, it looks as though the only fees Citi hasn’t ditched yet are a 3% balance transfer fee, 5% cash advance fee, and a $35 returned payment fee.

0% interest on purchases and balance transfers for 21 months places the Simplicity card among the top tier of 0% interest credit card offers.  If you’v

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With no buyers coming forward so far, HSBC chief executive Stuart Gulliver announced that the credit card unit of HSBC Holdings, one of the top 10 financial organizations in the U.S. providing MasterCard and Visa credit cards, could be terminated. The $33 billion portfolio is just one of five key areas the company serves – personal and consumer finance, commercial and private banking and corporate investment banking and financial markets.

Although their credit card unit continues to be profitable, the CEO stated that the “card business wasn’t a strategic fit for HSBC.” Plans to divest are being hampered by the immense size of the credit card portfolio. Gullive

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With thousands of credit card offers, it’s inevitable that some will be better than others. You needn’t worry too much if you have one of the “worst” cards on this list, however, because with this burden comes an easy opportunity for improvement. Simply

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