Credit Cards

Did you close your credit card? Did you REALLY close it?

I was just sitting on the sofa, and got an email from Equifax saying there’s been a “rate change” to a credit report. I logged in and saw that the credit score dropped significantly. I dug deeper, and I saw that a credit card was listed as being late, as “bad debt.” WHAT. THE. HELL!? I’ve never missed a payment in my life.


New Card: The American Express AeroplanPlus Reserve Card – It’s $899 and it ain’t worth it.

American Express just released a new credit card: The American Express AeroplanPlus Reserve Card (this is not a referral). It has an $899 annual fee, and a 50,000 Aeroplan Point sign-up bonus after spending $3,000 in 3 months. Frankly, it’s a terrible offer.