If you’re thinking of booking a Carnival cruise, be it on the new Carnival Celebration or any of Carnival’s other massive ships, here’s what to expect and how to enjoy your time at sea.
If you’re not yet familiar with the cruise line, there’s lots to learn about the company. It has been around since 1972 and is part of the Carnival family of cruise lines that includes Princess, Holland America and Cunard.
About Carnival cruises
With plenty of routes from the U.S. and international destinations, countless member benefits and a wide selection of cabins to choose from, you’re sure to find the perfect cruise for you.
Cabin types: There are a number of different cabin types to choose from depending on which ship you’re on, including interior rooms, ocean view rooms, balconies or suites. There are sometimes even themed or spa rooms.
Main U.S. routes: Carnival is best known for its Caribbean cruises, most of which depart from Florida, Texas or Louisiana.
Points currency and loyalty program: Carnival’s loyalty program is called VIFP Club (Very Important Fun Person). Members earn benefits like special offers, a free drink on board, priority boarding, cabin upgrades and more. Perks increase the more you sail.
Carnival cruise destinations
Carnival may be best known for its Caribbean cruises, but ships depart from every coast in the U.S., and Carnival ships sail to dozens of destinations all around the world, including transatlantic and transpacific routes. Expect to sail to such destinations as:
Carnival cruise destinations
Australia.
Caribbean.
Greenland.
New Zealand.
Pacific Islands.
Panama Canal.
Papua New Guinea.
There are cruises as brief as two days and some as long as 31 days, depending on where you’re headed.
Carnival cruise prices
Depending on where you’re headed, prices for cruises vary based on:
Carnival cruise rooms.
Carnival ship classes.
Destination.
Length of trip.
A four-day trip from Miami to the Caribbean might cost under $200 for an interior cabin while a 10-day trip from Sydney, Australia to the Great Barrier Reef might start at $450 and go up from there.
The time of year you sail matters, too. For example, an off-season cruise to the Bahamas in February might cost $189 while the same cruise in June could be $684 for the same cabin on the same ship.
Likewise, the nicer the cabin, the higher the price. An interior room might cost $469 while a suite costs $1,799.
What is the best Carnival ship?
Carnival has an impressive fleet of vessels and adds more every year. There are currently 24 ships with more maiden voyages scheduled later this year. Which one is the best depends on what you’re after.
If it’s family fun you want, the Carnival Breeze or Carnival Freedom may be just the thing. For luxury, it’s the Carnival Liberty. If the ship is more important than the route, take a look at Carnival’s ship lineup and what each has to offer, plus where they sail.
What is the newest Carnival ship?
The Carnival Celebration ship, which sails to the Caribbean from Miami, is the line’s newest ship, and debatably the best carnival cruise ship.
The Excel-class ship features an on-board roller coaster, can transport 5,282 passengers, has 20 dining venues, a dozen bars and lounges and is only the second Carnival ship to use liquid natural gas as fuel — a more eco-friendly fuel source.
What’s included on a Carnival cruise?
On any Carnival cruise you can expect the following to be included with your booking:
A stateroom based on your booking selection.
Three meals a day.
Free non-bottled water, lemonade, iced tea, hot chocolate and some coffees and teas.
Fitness center.
Shows and entertainment.
Pools and other water-based fun.
Youth programs.
Carnival loyalty program: VIFP
Carnival’s loyalty program is called VIFP which means Very Important Fun Person. Members earn benefits like special offers, a free drink on board, priority boarding, cabin upgrades and more. Perks increase with every sailing.
VIFP levels
The VIFP Club has five levels: Blue, Red, Gold, Platinum and Diamond.
Blue
How to earn: Sail once.
Best benefit: Members-only offers.
Red
How to earn: Two sailings for 24 points.
Best benefit: Complimentary 1.5 liter bottle of water.
Gold
How to earn: Earn 25-74 points.
Best benefit: A free drink on 5+ day cruises.
Platinum
How to earn: Earn 75-199 points.
Best benefit: VIFP Party on 5+ day sailings with complimentary drinks.
Diamond
How to earn: Earn 200+ points.
Best benefit: One-time free cabin upgrade OR third and fourth guests sail free.
How to earn VIFP points
Earn one point for every day you spend cruising. The more you cruise, the faster you earn.
How to redeem VIFP points
VIFP points are earned and credited to your account automatically. Some benefits are linked to your Sail & Sign account and credits or perks will be applied when the benefits are redeemed.
Carnival Credit Card
While it won’t earn you VIFP points, the Carnival World Mastercard is a way to earn FunPoints, which you can use like cash toward your next cruise booking.
Earn 20,000 FunPoints after your first purchase or balance transfer, which is worth a $200 statement credit towards your next cruise. You’ll then earn 2 points per dollar on Carnival and partner cruise lines and 1 point per dollar on everything else.
How to Redeem FunPoints
You can cash in your FunPoints by applying them as statement credits toward any Carnival purchases you make over $50, including:
Additional travel expenses.
Carnival cruise excursions.
Additional travel expenses.
Onboard amenities and more.
To use them, you can log into your Barclays account online or call to redeem points after you’ve made a purchase.
Point value varies depending on how much you’re spending. For example:
Carnival purchases between $50.00-$1,499.99 have a 1.00% redemption value.
Carnival purchases between $1,500-$5,000 have a 1.50% redemption value.
Purchases with other World’s Leading Cruise Lines cruises have a 1% redemption value.
Airline or hotel statement credits have a .90% redemption value.
Frequently asked questions
Does Carnival have free Wi-Fi?
Wi-Fi doesn’t come free on Carnival ships. To get connected, you’ll have to purchase a Wi-Fi package, which you can do in advance of your trip or on board, which may cost more. Expect to pay from $12.75-$22 per day per device.
Is Carnival all-inclusive?
All Carnival ships include food and beverages, though there are speciality dining and beverage options and packages on most ships that cost extra.
How much is the drink package?
There are two drink packages you can purchase on Carnival cruises: Bottomless Bubbles and Cheers!
Bottomless Bubbles offers unlimited soda during your voyage for $6.95 per day for children and $9.95 per day for adults.
Cheers! offers a flat price for alcoholic (and speciality non-alcoholic) beverages throughout your trip for $59.95 per person per day.
Does Carnival require COVID vaccine or test?
For cruises that last 15 days or less, neither pre-cruise COVID testing nor vaccinations are required for children or adults cruising with Carnival.
For cruises longer than 15 days, depending on the destination, guests may be required to provide proof of vaccination and/or a negative test prior to embarkation.
Make sure to check the details of your booking to ensure you abide by current rules.
What is Carnival Cruise Line known for?
Carnival Cruise Line offers many budget-friendly sailings, many of which are designed with families in mind. Especially if you want to cruise to and around the Caribbean, Carnival is possibly the cruise line for you.
(Top photo courtesy of Carnival Cruise Line)
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
Northwestern Mutual Study Finds Americans Who Carry Personal Debt Owe an Average of $21,800 Exclusive of Mortgages Overall average is $8,000 lower than it was in 2019, but 35% of Americans say they’re carrying close to or at their highest level of debt ever while 43% say their debt is close to or at a … [Read more…]
The information provided on this website does not, and is not intended to, act as legal, financial or credit advice. See Lexington Law’s editorial disclosure for more information.
A credit card is a type of revolving credit account in which the cardholder is given a spending threshold, and as they pay their debt off, the credit is automatically renewed. A charge card has no spending limit and doesn’t charge interest but has to be paid off in full every pay period, usually monthly.
Do you know what a charge card is? While a charge card and a credit card are often thought to be similar, they actually aren’t interchangeable terms. A credit card is a type of revolving credit account in which the cardholder is given a spending threshold, and as they pay their debt off, the credit is automatically renewed. In comparison, a charge card has no spending limit and doesn’t charge interest but has to be paid off in full every pay period, usually monthly.
If you need a new card and are deciding between these two types, this guide will help walk you through the credit card vs. charge card comparison.
What is a credit card?
A credit card is a type of revolving credit account. Cardholders are given a maximum spending limit, which resets as they pay off the charges on the account. Credit cards charge interest on any purchases left unpaid past the due date and sometimes come with annual fees. Many individuals choose their credit cards based on the benefits they may receive, such as cashback rewards, points, vouchers, travel perks, and more.
You have to apply for a credit card and are approved based on your creditworthiness. Individuals with higher credit often get access to credit cards with better benefits and—sometimes—lower interest rates. Still, there are credit card options available for everyone, including those with bad credit.
What is a charge card?
A charge card isn’t a revolving credit account because it requires the cardholder to pay off the balance in full, usually every month. Charge cards don’t come with credit limits and don’t charge interest on purchases. Many people gravitate toward charge cards because of their perks. However, charge cards often come with very high annual fees and are only offered to those with excellent credit.
Individuals who don’t pay off their charge card in full by the due date are subject to enormous fees and penalties.
In recent years, charge cards have become rare, with companies opting to offer premium credit cards instead.
How do charge cards work?
A card that has no spending limit and charges no interest sounds too good to be true to most. So you might be wondering how charge cards work and what their catch is. A charge card looks like a credit card and acts similarly—in some aspects. You can make purchases on the card and often earn rewards. And unlike a credit card, charge cards typically don’t have a credit limit.
A charge card promises that you’ll avoid paying interest on purchases. But charge cards require the balance to be paid in full by the due date or there are significant consequences. Failure to pay on time incurs tremendous fees and penalties and often results in missed payments being reported to the credit bureaus.
Lastly, since charge cards aren’t made to carry a balance (unlike credit cards), 0 percent interest promotions, minimum payments, and balance transfers are never offered.
Charge cards used to be very popular with retailers, but now most stores have replaced this option with credit cards instead.
Key differences between credit cards and charge cards
Here are some of the primary differences between credit cards and charge cards.
Spending limits
A credit card has a maximum spending limit and usually stops working if you exceed that limit. In fact, many cards allow cardholders to go slightly above their credit limit but will charge an over-limit fee for doing so.
In comparison, a charge card has no preset limit. This means you can often spend a lot on a charge card without worrying about your credit utilization ratio. Charge cards are great for big purchases, as you don’t have to worry about meeting or exceeding your monthly limit. Many business owners who frequently make large purchases may benefit from a charge card.
Not having a preset credit limit doesn’t mean a charge card comes with an unlimited spending threshold. Instead, the limit on your card changes depending on certain factors, such as your payment history, use of the card, creditworthiness, income, debts, and more.
Payment requirements
The main difference between charge cards and credit cards is the ability to carry a balance. With a credit card, you can maintain a balance from month to month. As long as you pay the minimum payment, your credit card will charge you some interest but allow you to continue using the card and carrying a balance forward.
A charge card requires the balance to be paid in full (usually monthly). If a charge card isn’t paid in full for its pay cycle, the cardholder will incur hefty fees, the account may immediately be closed and the company may report the missed payment to the credit bureaus.
In some ways, the inability to carry a balance is an advantage of a charge card. This ensures the cardholder can’t keep spending and accruing a balance while only making a minimum payment.
Fees and interest
The fees and interest structures for charge cards and credit cards are quite different. Credit cards can come with an annual fee and other fees (over-limit fee, late payment fee, cash advance fee, etc.). Credit cards also charge an interest rate on purchases not paid by the monthly due date. As of January 2022, the average credit card interest rate for Americans was 16.13 percent, but it can go as high as 30 percent.
Charge cards typically have a high annual fee because they offer excellent rewards or perks. A charge card doesn’t charge interest, but there are exorbitant fees for not paying the entire balance every month. In comparison, a credit card won’t charge you late payment fees as long as you make the minimum payment every month.
Credit score impact
Both credit cards and charge cards can hurt or help your credit. For example, credit cards and charge cards both typically affect your payment history, which is the most important factor in your credit health. On-time payments are beneficial, while late or missed payments can really hurt your credit.
Similarly, both a credit card and a charge card require you to apply for them, which will result in a hard inquiry into your account. A hard inquiry often temporarily lowers your credit score by a few points. However, as long as you avoid multiple hard inquiries in a short period, your credit should recover within six to twelve months.
Credit cards and charge cards can both also play a role in your credit mix and credit age, two other main credit factors.
When it comes to credit utilization, though, credit cards and charge cards are different. When you have a credit card, you want to avoid using too much of your available limit, as that can negatively impact your credit utilization ratio. But with a charge card, there’s no preset credit limit, so you don’t have to worry about how your purchases on that card will impact your credit utilization.
Which is the best option for you?
When looking at the credit card vs. charge card debate, there’s no universal answer on which type of card is best. Ultimately, you have to weigh the pros and cons of each option and decide what factors are most important to you.
Someone responsible with their budget might opt for a charge card and take advantage of the rewards, knowing they can keep up with their payments. Alternatively, if you know you tend to overspend, having a preset credit limit and the ability to make minimum payments may be more beneficial. You also have to keep in mind that not many lenders offer charge cards now, so you might not have many options in that vein.
Regardless of the card you choose, it’s essential to be responsible when using credit. When it comes to using credit cards, always remember to:
Keep your spending to 30 percent or less of the available credit
Pay your bills on time and in full
Set up autopay so you never have a missed or late payment
Spend within your budget
Remember that being accountable with your credit and having healthy credit is essential for your financial health. Excellent credit can save you money and give you access to more financial opportunities when you need them. If you’re concerned about your credit, let Lexington Law Firm help. Our credit repair consultants will review your credit and help you on the credit repair journey.
Note: Articles have only been reviewed by the indicated attorney, not written by them. The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, reviewers, contributors, contributing firms, or their respective agents or employers.
Reviewed By
Paola Bergauer
Associate Attorney
Paola Bergauer was born in San Jose, California then moved with her family to Hawaii and later Arizona.
In 2012 she earned a Bachelor’s degree in both Psychology and Political Science. In 2014 she graduated from Arizona Summit Law School earning her Juris Doctor. During law school, she had the opportunity to participate in externships where she was able to assist in the representation of clients who were pleading asylum in front of Immigration Court. Paola was also a senior staff editor in her law school’s Law Review. Prior to joining Lexington Law, Paola has worked in Immigration, Criminal Defense, and Personal Injury. Paola is licensed to practice in Arizona and is an Associate Attorney in the Phoenix office.
Our experts answer readers’ home-buying questions and write unbiased product reviews (here’s how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.
After falling moderately in June, mortgage rates have been climbing this month. Average 30-year mortgage rates hit 6.81% this week, the highest they’ve been in eight months, according to Freddie Mac.
“Mortgage rates continued their upward trajectory again this week, rising to the highest rate this year so far,” Sam Khater, Freddie Mac’s chief economist, said in a press release. “This upward trend is being driven by a resilient economy, persistent inflation, and a more hawkish tone from the Federal Reserve. These high rates combined with low inventory continue to price many potential homebuyers out of the market.”
The Federal Reserve has been raising the federal funds rate to get inflation under control. Though the central bank opted not to raise rates at its June meeting, Fed officials have indicated that future hikes are likely, as the economy is still running hot. This has helped keep mortgage rates elevated.
Markets largely expect a 25-basis-point hike at the Fed’s next meeting later this month, according to the CME FedWatch Tool.
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Mortgage Calculator
Use our free mortgage calculator to see how today’s mortgage rates will affect your monthly and long-term payments.
Mortgage Calculator
$1,161 Your estimated monthly payment
Total paid$418,177
Principal paid$275,520
Interest paid$42,657
Paying a 25% higher down payment would save you $8,916.08 on interest charges
Lowering the interest rate by 1% would save you $51,562.03
Paying an additional $500 each month would reduce the loan length by 146 months
By plugging in different term lengths and interest rates, you’ll see how your monthly payment could change.
30-Year Fixed Mortgage Rates
The average 30-year fixed mortgage rate is currently 6.81%, according to Freddie Mac. This is a 10-basis-point increase from the week before.
The 30-year fixed-rate mortgage is the most common type of home loan. With this type of mortgage, you’ll pay back what you borrowed over 30 years, and your interest rate won’t change for the life of the loan.
The lengthy 30-year term allows you to spread out your payments over a long period of time, meaning you can keep your monthly payments lower and more manageable. The trade-off is that you’ll have a higher rate than you would with shorter terms or adjustable rates.
15-Year Fixed Mortgage Rates
The average 15-year fixed mortgage rate is 6.24% right now, according to Freddie Mac data. This is an 18-basis-point increase from the previous week.
If you want the predictability that comes with a fixed rate but are looking to spend less on interest over the life of your loan, a 15-year fixed-rate mortgage might be a good fit for you. Because these terms are shorter and have lower rates than 30-year fixed-rate mortgages, you could potentially save tens of thousands of dollars in interest. However, you’ll have a higher monthly payment than you would with a longer term.
Are Mortgage Rates Going Up?
Mortgage rates started ticking up from historic lows in the second half of 2021 and increased significantly in 2022. But mortgage rates are expected to trend down this year.
In the last 12 months, the Consumer Price Index rose by 4%. Inflation remains elevated, but has started to slow, which is a good sign for mortgage rates and the broader economy.
For homeowners looking to leverage their home’s value to cover a big purchase — such as a home renovation — a home equity line of credit (HELOC) may be a good option while we wait for mortgage rates to ease. Check out some of our best HELOC lenders to start your search for the right loan for you.
A HELOC is a line of credit that lets you borrow against the equity in your home. It works similarly to a credit card in that you borrow what you need rather than getting the full amount you’re borrowing in a lump sum. It also lets you tap into the money you have in your home without replacing your entire mortgage, like you’d do with a cash-out refinance.
Current HELOC rates are relatively low compared to other loan options, including credit cards and personal loans.
How Do Fed Rate Hikes Affect Mortgages?
The Fed has been increasing the federal funds rate to try to slow economic growth and get inflation under control.
Mortgage rates aren’t directly impacted by changes to the federal funds rate, but they often trend up or down ahead of Fed policy moves. This is because mortgage rates change based on investor demand for mortgage-backed securities, and this demand is often impacted by how investors expect Fed hikes to affect the broader economy.
As inflation starts to come down, mortgage rates should, too. But the Fed has indicated that it’s watching for sustained signs of slowing inflation, and it’s not going to lower rates again any time soon — it may even increase rates again in its July meeting.
Flight delays are frustrating. Whether it’s because of thunderstorms or an overbooked crew, the result is the same: You don’t get to where you’re trying to go.
It’s never pleasant when things go awry, but if you’re flying on American Airlines, you have some options. Let’s look at American Airlines delayed flight compensation, your rights and other things to know.
What to know about American Airlines delayed flight compensation
1. American Airlines may not owe you anything
Although the Department of Transportation (DOT) has regulations when it comes to flight cancellations and compensation, there isn’t a similar ruling for flight delays.
Recently, airlines have begun to make clearer commitments to the type of compensation you’ll receive during a flight delay with one specific caveat: These apply only to controllable delays.
This means that airlines have only guaranteed to give you compensation when things such as missing crew or maintenance issues arise. It doesn’t apply to air traffic control or weather delays.
2. Your credit card can reimburse you
Even if American Airlines isn’t willing to reimburse you for delays, there’s a good chance your credit card will. Many travel credit cards offer complimentary travel insurance, which includes trip delay insurance, trip interruption insurance, delayed luggage insurance and more.
The Chase Sapphire Reserve® card is among the best for complimentary travel insurance — simply because it provides so many protections. This includes trip delay insurance, which kicks in after a six-hour delay or one that forces you to stay overnight.
The protection caps out at $500 per person and will reimburse you for reasonable expenses incurred as a result of the delay. These expenses can include:
Toiletries.
Medications.
Other personal use items you may need.
Importantly, credit card travel insurance can also cover more than one person. In Chase’s case, this means you, your partners and your legally dependent children up to age 26 are all covered as long as you charge a portion of the fare to your card.
3. There is more than one type of compensation
American Airlines offers more than one type of compensation if your flight is canceled or delayed. If your flight is significantly delayed and you choose not to fly, you’ll be entitled to a refund. However, the DOT has not specifically defined what constitutes a “significant delay,” so this may be difficult to enforce.
For controllable delays, American Airlines has made a variety of commitments to its passengers, including the provision of accommodation and food vouchers.
4. The DOT dashboard outlines your rights
The DOT maintains an up-to-date dashboard for 10 airlines outlining your rights. This provides information as to what American Airlines has committed to providing if your flight is delayed or canceled.
Here is what American Airlines has committed to providing its customers in the event of a controllable delay:
Rebook you on a new flight in the case of significant delays.
Rebook you on a partner airline or an airline with which it has an agreement in the event of a significant delay.
Give you a meal or meal voucher for a delay lasting three hours or more.
Provide you with hotel accommodations for an overnight delay.
Give you ground transportation to and from your hotel for an overnight delay.
5. Delayed EU flights can compensate you
Although the DOT doesn’t have many protections for customers on flights, the European Union does. Thanks to EU261, if your flight to, from or through the EU is delayed for a variety of reasons, airlines are required to compensate you. The amount is based on the amount of the delay and the distance of your flight.
Flight length
Compensation
1,500 kilometers or less
250 euros ($273).
Flights from 1,500 to 3,500 kilometers
400 euros ($437).
Flights longer than 3,500 kilometers
600 euros ($655).
Note that compensation is applicable only for controllable delays. Severe weather or air traffic issues aren’t eligible for reimbursement.
6. You’re owed if you get bumped
Overbooking is a common airline practice. This means that airlines will sell more seats than they have in the hope that some passengers don’t show up. However, sometimes everyone does arrive and airlines are forced to bump passengers. They’ll first ask for volunteers; if there aren’t enough volunteers, they’ll then start bumping people involuntarily.
You have rights if you get involuntarily bumped from your flight. If you arrive within one hour of your originally scheduled arrival time, you won’t get any compensation. Any more than that, however, and the numbers start rising.
Depending on how long you end up delayed, the airline will owe you between 200% and 400% of the fare that you paid (note that there are maximums to this).
You’ll also be eligible for compensation if you were traveling on an award ticket and end up bumped. In this case, your compensation is based on the lowest cash, check or credit card payment charged for a ticket in the same class of service on your flight.
American Airlines delayed flight compensation recapped
There’s no good way to deal with a flight delay. This is true on any airline, American Airlines included.
However, if your flight has been delayed for a controllable reason, you may be entitled to compensation. Do your research, check out the DOT’s dashboard, and make sure you get what you’re entitled to when American Airlines makes you late.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
If you’re planning a vacation in Disneyland or Disney World Resort, you might want a credit card that offers flexible points you can use to book the trip. Alternatively, you might want one that offers great in-park rewards.
You’ll also want to consider perks such as travel insurance and concierge service. Rewards credit cards such as the Capital One Venture Rewards Credit Card (see rates and fees) often provide better travel protections than more specific cards like the Disney Premier Visa Card.
Let’s compare the two cards and see who comes out on top.
Capital One Venture vs. Disney Premier Visa
Card details
Capital One Venture Rewards
Disney Premier Visa
Sign-up bonus
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening,
$300 statement credit after spending $1,000 in the first three months of account opening
Earning
5 miles per dollar on hotels and rental cars booked through Capital One Travel
2 miles per dollar on all other purchases
5% in Disney Rewards Dollars on card purchases made directly at DisneyPlus.com, Hulu.com or ESPNPlus.com
2% in Disney Rewards Dollars on spending for gas stations, grocery stores, restaurants and most Disney locations
1% on everything else
Annual fee
$95
$49
Foreign transaction fees
None
3%
Other benefits
Secondary auto-rental coverage; extended warranty protection; travel accident insurance and lost-luggage reimbursement; Global Entry/TSA PreCheck application fee credit (up to $100) every four years
Discounts on select merchandise and dining purchases at ShopDisney.com and Disney retail stores; discounts at Disneyland and Walt Disney World Resort; access to Disney and Star Wars Character Experiences at exclusive cardmember locations; special discounts on Disney resort stays and cruises
Now let’s dive into the details to help you decide which card would be better for your wallet.
Capital One Venture vs. Disney Premier Visa welcome offer
Capital One Venture: Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening. This is worth $750 if used for a fixed value toward travel, but if you redeem through one of Capital One’s 10+ airline and hotel transfer partners, you can ramp up those rewards to about 1.85 cents per mile, giving you an up-to-$1,387 bonus (based on TPG’s valuations and not provided by the issuer).
Disney Premier Visa: Earn a straightforward bonus of $300 after spending $1,000 in the first three months of account opening. Keep in mind that Chase has the strict 5/24 rule that covers who may be eligible for credit cards. Based on this, you may not qualify for a new Chase card with a sign-up bonus if you’ve opened five or more credit cards from any issuer in the past 24 months.
Winner: Clearly, Capital One Venture’s deal of up to $1,387 in miles (based on TPG valuations) beats out a meager $300 statement credit, even if the cost of entry for the Disney Premier Visa – a $49 annual fee and a much smaller minimum spend on your first purchase to qualify for the bonus – is much lower.
Earning on the Capital One Venture vs. Disney Premier Visa
Capital One Venture: Capital One Venture offers 5 miles per dollar on hotels and rental cars booked through Capital One Travel and 2 miles on all other purchases. These earnings may not be as high as other travel rewards credit cards, but it’s not bad for a card with a $95 annual fee.
Disney Premier: It doesn’t get much simpler than this. You’ll earn 5% back on card purchases made directly at DisneyPlus.com, Hulu.com or ESPNPlus.com. You’ll get 2% back at gas stations, grocery stores, restaurants and for purchases at most Disney locations. You’ll then earn 1% back on every other qualifying purchase, every day. These earnings take the form of a Disney Rewards Redemption Card that you can spend at Disney resorts, on Disney merchandise and for movie tickets from AMC Theaters.
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Winner: The Capital One Venture offers a greater return than the Disney Premier and more flexibility in how you can redeem points. The card’s simple, straightforward structure makes it a great travel credit card for those new to travel cards, with no complicated bonus categories.
Related: Capital One Venture Card review
Redeeming on the Capital One Venture vs. Disney Premier Visa
The Disney Visa is extremely limited in redemption options, while Venture Rewards offers all the flexibility of other top-tier travel rewards cards.
Capital One Venture: Redeem your Venture miles by booking travel through Capital One’s portal at a value of 1 cent per mile, or you can go through the portal to use your miles for gift cards or cash back. You can also use your miles to “erase” past purchases. When booking travel through Capital One, there are no blackout dates and you can redeem miles for any flight at any time.
Keep in mind, you’ll only get 0.5 cents per mile if you request cash back, making this the poorest choice. If you want to get more from your rewards, however, consider transferring your points to one of Capital One’s airline or hotel transfer partners. This redemption option can get you significantly more value from your Capital One miles.
Disney Premier Visa: You’ll receive your rewards in the form of a Disney Rewards Redemption card, which you can use on purchases at Disney stores, Disney resorts and cruise lines, and on AMC Theaters movie tickets. This makes redeeming your rewards easy and straightforward, since rewards values don’t change, but you’ll never get a value higher than 1 cent per point.
Winner: Capital One Venture Rewards wins out here, too, with more flexibility and a better return when you book a flight through one of Capital One’s airline transfer partners.
If you’re simply looking to defray the cost of your Disney vacation through purchases you make year-round, you may consider the Disney Premier Visa as an alternative, especially if you typically spend a lot in the card’s aforementioned bonus categories.
Related: Ultimate Guide to Walt Disney World Resort
Capital One Venture vs. Disney Premier Visa benefits
Capital One Venture: As a Visa Signature credit card, the Capital One Venture offers travel accident insurance, lost luggage reimbursement, secondary auto rental coverage, and concierge service, plus access to exclusive shows and events. Like many top-tier rewards cards, it also offers extended warranty protection and purchase security. You’ll also enjoy no foreign transaction fees, so if you’re going to Disneyland Paris, this could be the card to carry.
Another worthwhile benefit is the Global Entry/TSA PreCheck application fee credit (up to $100) every four years.
Disney Premier Visa: All the perks and benefits offered with the Chase Disney Visa are Disney-centric, including access to special events at Disney resorts, retail stores, and other locations, and special Broadway perks when you purchase premium tickets to Disney musicals “The Lion King,” “Aladdin” and “Frozen” on Broadway.
Winner: The Disney Premier Visa wins out if you’re looking to make the most of your Disney vacation. Whether Disney is a once-in-a-lifetime vacation for you or an annual excursion, access to members-only events and all the other in-park perks and discounts make it virtually a must-have for the Disney traveler. But it probably shouldn’t be the only travel rewards card in your wallet.
The perks and benefits offered on the Capital One card apply to all travelers for any trip, making it an overall better value.
Bottom line
Hands down, the Capital One Venture Rewards Credit Card is an all-around better travel credit card than the Disney Premier Visa. You’ll earn more with your rewards if you book travel through Capital One’s airline partners, and you also have more flexibility in how you can cash in your rewards – including using them for Amazon purchases. The $95 annual fee on the Venture Rewards card offers tremendous value, and it is one of the best travel rewards cards available today.
However, if you’re planning a Disney vacation and want access to special events as well as discounts on purchases, it might pay to get the Disney Chase Visa, especially if you can utilize the bonus categories and 10% off Disney merchandise purchases.
The Disney and Universal resorts are complete with theme parks, restaurants and other attractions. On the surface, the two can seem pretty similar: Both offer rides themed around movies, both have options for adults and children, and both have locations in Florida and California.
However, the experience you’ll receive at each resort will differ greatly. Let’s look at Disney versus Universal, including the types of attractions at their theme parks and the prices you can expect to pay for each.
The main differences between Disney vs. Universal theme parks
Disney and Universal may have a lot in common according to the average theme park attendee, but there are two big differences that you’ll notice right away.
The first is that Universal tends to focus more on thrilling rides. It has massive roller coasters that far exceed anything Disney has to offer, especially because Disney focuses on more family-friendly attractions.
The second is that Disney doesn’t feature non-Disney intellectual property for its theming. Instead, it relies on its vast catalog of content to create rides and lands for guests to enjoy. This is not the case for Universal; its parks rely on elements from several studios for attractions.
Locations
Disney has 12 parks in six locations spread across the globe:
Anaheim, California:
Disneyland Park.
Disney California Adventure.
Orlando, Florida:
Magic Kingdom.
Disney’s Hollywood Studios.
Disney’s Animal Kingdom.
Disneyland Park.
Walt Disney Studios.
Tokyo Disneyland.
Tokyo Disney Sea.
Hong Kong:
Hong Kong Disneyland Park.
Shanghai Disneyland.
Attractions
Disney tends to focus on attractions the whole family can enjoy. While there are plenty of rides for those of all ages, there are also a whole host of other things to do. These include live-action shows, sing-along events, drawing lessons, Broadway-style theater, character meet-and-greets and more.
If you’re more of a fan of larger rides, there are still some options. Though huge thrill rides aren’t Disney’s forte, you’ll still see large roller coasters, drop towers and simulated flying experiences. These are fewer in number than other attractions but well worth the wait.
Food and beverage
Gone are the days when theme park food was relegated to the greasy, overpriced hot dog and crusty french fries. Although still expensive, Disney has spent the past few decades revamping the meals it serves to guests.
This means you can take some time out of your day to enjoy a meal at a fine steakhouse, watch teppanyaki being cooked at a Japanese restaurant, taste the gray stuff at the Beast’s castle or drink California wines on a Tuscan terrace.
Of course, it’s still possible to enjoy the standard turkey leg and churro, but this is an option rather than a necessity.
Price
The cost to visit a Disney theme park is going to vary greatly depending on which one you visit. In the U.S., expect to pay upward of $104 for a single-day ticket to Walt Disney World or Disneyland.
Locations
Universal has a smaller footprint than Disney, with six parks spread over five locations:
Burbank, California:
Universal Studios Hollywood.
Orlando, Florida:
Universal Studios Florida.
Universal’s Islands of Adventure.
Singapore:
Universal Studios Singapore.
Osaka, Japan:
Universal Studios Japan.
Universal Beijing Resort.
Attractions
Although Universal has its own share of family-friendly rides, it does differentiate itself from Disney with much more thrilling attractions. This can be seen with roller coasters such as the Jurassic World VelociCoaster, which has won several awards.
Universal is also home to the “Harry Potter” franchise and has done an admirable job designing Diagon Alley and Hogsmeade, complete with the ability to ride the Hogwarts Express.
Though Universal does have some shows and character meetings — such as taking a photo with a velociraptor — as a whole, its parks focus more on attractions rather than other types of entertainment.
Food and beverage
While Universal is doing its best to catch up with Disney on the food and beverage front, it’s still not quite up to par. Universal has a few good restaurants — especially those in the “Harry Potter”-themed areas — but for the most part, the food will be what you expect in a theme park.
One notable exception is Mythos, which is in Universal’s Islands of Adventure. This restaurant continues to win awards for best theme park restaurant, beating other park restaurants worldwide.
Price
The cost for Universal tickets is also going to vary based on which park you’re visiting and when. However, in the U.S., tickets for the Universal Orlando Resort and Universal Studios Hollywood start at $109 for one day.
Disney vs. Universal, recapped
Disney and Universal may have a lot in common in that they offer theme parks in multiple locations around the world. However, the experience you’ll get with either brand is going to differ.
If you’re more interested in large rides like roller coasters, Universal is going to be your best bet. The same is true if you’re a big fan of Harry Potter.
If you don’t mind some of the more family-friendly rides or you have little ones to bring along, Disney may be a better option. Along with better food options, Disney provides a range of nonride attractions, including the ability to meet some of its most famous characters.
(Top photo courtesy of Universal Studios)
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
“Where are you from?” It’s a common question when you meet someone new while traveling. And it’s an easy question for most people. But for me, it’s complicated if I want to give more details than “the United States.”
After all, my husband and I gave up our Austin, Texas, apartment in June 2017, sold or donated most of our belongings and then set out as digital nomads on July 2, 2017. So, excluding some extended time living with family early in the coronavirus pandemic, we’ve traveled full time while working remotely for the last six years.
In 2020, I wrote about my first three years as a digital nomad. But in this story, I’ll look back at the past six years. In doing so, I’ll discuss how I became a digital nomad, some of my travel statistics and how travel has changed for me during the past six years.
How I became a digital nomad
On a bus from Aguas Calientes to Machu Picchu in Peru in 2013, I first heard of a gap year or sabbatical year. I hadn’t gotten into points and miles yet, but my husband and I loved the idea of taking a year off to travel after I finished graduate school. Well, fast forward four years to 2017, when it was time to leave on our “gap year.” By this time, we were already working as writers in the award travel space.
So, we hit the road as digital nomads instead of taking a gap year. And we quickly fell in love with the freedom and flexibility of the lifestyle. I appreciate experiencing different cultures, landscapes, experiences and cuisines daily. And I’ve found that frequently visiting new destinations inspires me.
I also enjoy using the topics I write about — points, miles, credit cards and elite status — on a daily basis. We make award redemptions most weeks (and often multiple times a week), and we’re constantly traveling. So, I know many of the airline, hotel and credit card programs I write about from personal experience. And I’m personally invested when these programs change or devalue their rewards.
Points and miles certainly fuel some of our travel. But we also book paid flights and nights when it makes sense. After all, we only have a finite amount of points and miles, and we’ve found that paid partner-operated premium-cabin flights are often the best way to earn airline elite status.
Related: 6 ways award travel and elite status pair well with my digital nomad life
1,121,959 miles on 575 flights
Over the last six years, I’ve taken 575 flights on 62 airlines to 180 airports in 58 countries. I’ve taken so many flights in the last six years that my flight map is difficult to read.
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I flew 1,121,959 direct flight miles in the last six years, with an average flight distance of 1,951 miles (about the distance from Atlanta to Los Angeles). My longest flight was 9,532 miles, from New York to Singapore. And my shortest flight was just 11 miles from Tahiti to Moorea in French Polynesia.
But my most memorable flight was on Sri Lanka’s Cinnamon Air from Polgolla Reservoir Aerodrome (KDZ) to Koggala Airport (KCT) on a Cessna 208 amphibious caravan.
I frequently fly American Airlines and often use Hartsfield-Jackson Atlanta International Airport (ATL) when visiting family. So, it’s not surprising that my three most frequent routes by flight segments are between American Airlines’ hubs and Atlanta. Here’s a look at my top 10 most frequent flight segments over the last six years:
New York’s LaGuardia Airport (LGA) to/from ATL: 15 flights
Dallas Fort Worth International Airport (DFW) to/from ATL: 11 flights
Charlotte Douglas International Airport (CLT) to/from ATL: 10 flights
Kuala Lumpur International Airport (KUL) to/from Kualanamu International Airport (KNO): 10 flights while I earned Malaysia Airlines Enrich Gold status in 2019
Los Angeles International Airport (LAX) to/from ATL: Nine flights
Las Vegas’ Harry Reid International Airport (LAS) to/from LAX: Eight flights
DFW to/from LGA: Six flights
London’s Heathrow Airport (LHR) to/from LAX: Six flights
Hong Kong International Airport (HKG) to/from Da Nang International Airport (DAD): Six flights booked during Cathay Pacific’s New Year’s deal in 2019
DFW to/from LAS: Five flights
And my loyalty to American Airlines AAdvantage and its Oneworld partners shows when you look at the airlines I flew most by flight segments:
American Airlines: 224 flights, including reviews of American’s A321T business class, 787-9 business class, 777-200 business class with B/E Aerospace Super Diamond seats, 787-8 Main Cabin Extra, 757-200 Main Cabin Extra and 757-200 business class
United Airlines: 31 flights, including reviews of United’s 787-8 economy class and 757-200 economy class
Southwest Airlines: 29 flights, including a review of Southwest’s 737-800 from Oakland, California, to Newark
Malaysia Airlines: 26 flights
Qatar Airways: 23 flights, including reviews of Qatar Qsuite on a 777-300ER and Qatar Qsuite on an A350-1000
Delta Air Lines: 22 flights, including when I was one of the first American tourists to fly to Italy on a COVID-19-tested flight
British Airways: 20 flights, including a review of British Airways’ A380 economy class
Cathay Pacific: 17 flights
Japan Airlines: 14 flights, including a review of Japan Airlines’ 777-300ER premium economy
Qantas: 12 flights
However, if you look at the airlines on which I flew the most mileage, the ranking is a bit different due to some mileage runs:
American Airlines: 404,296 miles
Cathay Pacific: 104,481 miles
Qatar Airways: 89,630 miles
British Airways: 53,357 miles
Delta Air Lines: 49,603 miles
United Airlines: 42,237 miles
Singapore Airlines: 36,176 miles, including a review of Singapore Airlines’ A350-900ULR premium economy
Japan Airlines: 33,756 miles
Air Canada: 30,792 miles
All Nippon Airways: 28,938 miles
I track all my flights in OpenFlights. So, although it’s relatively easy for me to gather statistics on my flights, I don’t have a simple way to determine the amount I paid in points and cash for my 575 flights during the last six years.
Related: The best credit cards for booking flights
1,103 nights in hotels
I’ve spent over half of the last six years living out of hotel rooms. In particular, I’ve spent 894 nights at 75 major hotel brands within the last six years. And I’ve spent 209 nights at other brands and independent hotels.
Here’s the breakdown of my stays by loyalty program and brand over the last six years, including notes about my favorite programs.
390 nights at 15 IHG brands
Holiday Inn Express: 120 nights
Holiday Inn: 66 nights
InterContinental Hotels & Resorts: 51 nights, including five nights at the InterContinental Hayman Island Resort in Australia, four nights at the InterContinental Phuket Resort in Thailand, four nights at the InterContinental Phu Quoc Long Beach Resort in Vietnam, three nights at the InterContinental Danang Sun Peninsula Resort in Vietnam, three nights at the InterContinental New York Times Square in New York and two nights at the InterContinental Fiji Golf Resort & Spa in Fiji
Candlewood Suites: 28 nights
Hotel Indigo: 26 nights, including five nights at the Hotel Indigo Austin Downtown-University in Texas and four nights at the Hotel Indigo Birmingham Five Points South – UAB in Alabama
Staybridge Suites: 22 nights
Crowne Plaza Hotels & Resorts: 19 nights, including three nights at the Crowne Plaza Beijing Wangfujing in China and three nights at the Crowne Plaza Times Square in New York
Holiday Inn Resort: 19 nights, including 10 nights at the Holiday Inn Resort Kandooma Maldives in the Maldives
Voco: 11 nights, including six nights at Voco Gold Coast in Australia
Regent: Nine nights
Kimpton Hotels & Restaurants: Eight nights
Six Senses: Six nights, including four nights at Six Senses Laamu in the Maldives and two nights at Six Senses Yao Noi in Thailand
Atwell Suites: Two nights at Atwell Suites Miami Brickell in Florida
Avid: Two nights at Avid hotel Oklahoma City — Quail Springs in Oklahoma
Even: One night
Over the last six years, I’ve stayed 161 paid nights at IHG properties for an average of $152 per night. The least I paid was $48 per night at the Holiday Inn Express Berlin — Alexanderplatz in Germany. And the most I paid was $1,564 per night during a review of the InterContinental Maldives Maamunagau Resort in the Maldives.
Meanwhile, we redeemed IHG points for 209 nights over the last six years, including 36 fourth-night-free rewards. On average, we redeemed 15,591 IHG points per night. We also redeemed 20 anniversary nights over the last six years, including at the InterContinental Bora Bora Resort & Thalasso Spa in French Polynesia and the Kimpton De Witt Amsterdam in the Netherlands.
You might wonder how we earned so many IHG points and anniversary nights. We maximize IHG promotions to earn points on stays. And we often buy points during IHG points sales with a 100% bonus when we can do so for 0.5 cents per point. As for the anniversary night certificates, we both have multiple IHG credit cards, so we’ve each earned two anniversary nights for most of the last six years.
We frequently stay at IHG One Rewards hotels and resorts due to the high value we often get when redeeming IHG points. But, with the launch of the new IHG One Rewards program last year, we are also getting good value from the annual lounge membership you can select through IHG’s Milestone Rewards program after staying 40 nights in a year.
Related: 9 budget strategies for getting the most out of your points and miles
209 nights at other brands and independent hotels
These days, we usually stay at major hotel brands to earn and use elite status perks and benefit from the consistency provided by these brands. But we often stayed at independent hotels when we first hit the road as digital nomads in 2017. And even now, we sometimes find ourselves in a destination without major hotel brands or where staying at a property outside our brand loyalties makes the most sense.
For example, we couldn’t pass up staying in a twin cell at YHA Fremantle Prison in Australia and a robot hotel in Japan. Likewise, staying within Addo Elephant and Kruger national parks in South Africa let us maximize our time seeing wildlife in these parks.
We often book these stays through online travel agencies since we don’t have to worry about missing out on elite status benefits and earnings while staying at properties outside our primary brands. For example, we’ll sometimes book through credit card portals to use credits, like the $50 hotel credit each account anniversary year on the Chase Sapphire Preferred Card. And we’ll occasionally book through American Express Fine Hotels + Resorts to snag extra perks and use the prepaid hotel credit we get each calendar year as a perk of The Platinum Card® from American Express. We’ll also sometimes use Rocketmiles to earn American Airlines miles and Loyalty Points on our stays.
On average, I paid $83 per night on these stays. But, my least expensive night was $18 per night for a private room with a shared bathroom at Stella Di Notte in Belgrade, Serbia. And my most expensive night was $235 per night at the RLJ Kendeja Resort & Villas in Liberia during PeaceJam.
203 nights at 21 Marriott brands
Over the last six years, I’ve stayed 140 paid nights at Marriott properties for an average of $121 per night. The least I paid was $44 per night at the Four Points by Sheraton Bogota in Colombia. And the most I paid was $350 per night during a review of the Waikoloa Beach Marriott Resort & Spa in Hawaii.
Meanwhile, we redeemed Marriott points for 49 nights over the last six years, including six fifth-night-free benefits. On average, we redeemed 16,167 points per night on Marriott award stays. We also redeemed 14 free night awards we earned through Marriott credit cards and promotions over the last six years.
Related: Here’s why you need both a personal and business Marriott Bonvoy credit card
115 nights at 6 Choice brands
Ascend Hotel Collection: 54 nights, including 28 nights at Emotions All Inclusive Puerto Plata in the Dominican Republic, nine nights at Gowanus Inn & Yard in New York (no longer bookable through Choice Hotels) and three nights at Bluegreen Vacations Fountains in Florida
Comfort: 37 nights, including 19 nights in Japan
Quality Inn: 13 nights
Cambria Hotels: Four nights
Rodeway Inn: Four nights
Clarion: Three nights
Over the last six years, I’ve stayed 34 paid nights at Choice Privileges properties for an average of $93 per night. The least I paid was $54 per night at the Comfort Hotel Airport CDG in France. And the most I paid was $239 per night at Cambria Hotel New York — Times Square in New York.
Meanwhile, we redeemed Choice points for 81 nights over the last six years. On average, we redeemed 9,531 Choice points per night. I’ve found I can get excellent value when redeeming Choice points for unique redemptions and for stays in Japan, Europe and destinations that typically feature high paid hotel rates. So, as with IHG, we often buy Choice points during sales or through Daily Getaways promotions.
87 nights at 11 Hyatt brands and partners
I didn’t stay much with World of Hyatt until the program offered reduced qualification requirements and double elite night credits in early 2021. I earned Globalist status in 2021 for far fewer nights than is usually required, but I’ve prioritized maintaining it due to the on-site perks it provides.
I’ve stayed 53 paid nights at Hyatt properties for an average of $139 per night over the last six years. The least I paid was $24 per night at the Excalibur Hotel & Casino in Las Vegas. And the most I paid was $353 per night at Hyatt House New York/Chelsea in New York.
Meanwhile, I redeemed Hyatt points for 27 free nights over the last six years. I’ve found some excellent Category 1 Hyatt hotels that provide wonderful value on award stays. So, it isn’t surprising that I’ve redeemed 5,563 points per night on average and just 3,500 points per night for nine nights. Additionally, I redeemed seven free night certificates that I earned through Hyatt credit cards, Hyatt Milestone Rewards and the Hyatt Brand Explorer promotion over the last six years.
40 nights at 10 Wyndham brands
Days Inn: 10 nights
Ramada: Nine nights
Ramada Encore: Five nights
Microtel: Five nights
Club Wyndham: Three nights
Super 8: Three nights
Viva Wyndham: Two nights at Viva Wyndham Azteca — All-Inclusive Resort in Mexico
Baymont: One night
Howard Johnson: One night
Travelodge: One night
Over the last six years, I’ve stayed 29 paid nights at Wyndham properties for an average of $103 per night. The least I paid was $48 per night at the Days Inn Guam-Tamuning in Guam. And the most I paid was $200 per night during a review of the Viva Wyndham Azteca — All-Inclusive Resort in Mexico.
Meanwhile, we redeemed Wyndham points for 11 nights over the last six years. On average, we redeemed 9,068 points per night on Wyndham award stays. And we love getting a 10% redemption discount when we redeem Wyndham points as a benefit of our Wyndham Rewards credit card, as this brings an award night that would typically cost 7,500 points down to just 6,750 points.
32 nights at 6 Hilton brands
Over the last six years, I’ve stayed 18 paid nights at Hilton properties for an average of $130 per night. The least I’ve paid was $58 per night at the Hilton Jaipur in India. And the most I paid was $168 per night at the Hilton Niseko Village in Japan.
Meanwhile, we redeemed Hilton points for eight nights over the last six years, including one fifth-night-free benefit. On average, we redeemed 46,250 points per night on Hilton award stays. We also redeemed six Hilton free night certificates that we earned through Hilton credit cards over the last six years for excellent value at the Conrad New York Midtown, the Conrad Maldives Rangali Island and the Hilton Maldives Amingiri Resort & Spa.
The average amount we redeemed per night with Hilton Honors is significantly higher than with other hotel loyalty programs. This, combined with my struggle to get more than TPG’s valuation (0.6 cents per point) when redeeming Hilton points, is why I don’t frequently stay at Hilton brands despite having Hilton Diamond status through a Hilton credit card.
19 nights at 4 Accor brands
Ibis: 12 nights
Mercure: Four nights
Grand Mercure: Two nights
Ibis Budget: One night
Over the last six years, I’ve stayed 19 nights at Accor properties for an average of $56 per night. The least I paid was $36 per night at the Ibis Muenchen City Nord in Germany. And the most I paid was $84 per night at the Ibis Madrid Alcobendas in Spain.
8 nights at 2 Best Western brands
Best Western: Six nights
Best Western Plus: Two nights
Over the last six years, I’ve stayed eight nights at Best Western properties for an average of $78 per night. The least I paid was $57 per night at the Best Western Amsterdam Airport Hotel in the Netherlands. And the most I paid was $147 per night at the Best Western Plus Mountain View Auburn Inn in Washington.
452 nights camping
When I became a digital nomad in 2017, I didn’t think there was any chance I’d camp 452 nights in the next six years. And even three years ago, I’d only spent three nights tent camping for a concert at The Gorge in Washington state and three nights in a rental RV doing a relocation from Las Vegas to Denver.
But, as it became apparent the coronavirus pandemic would affect international travel for more than just a few months, my husband and I tried out a six-night RV relocation rental in July 2020. Then in August 2020, we decided to buy the same RV model we’d relocated.
When we bought our Class C RV, we expected we’d sell it as soon as international travel to most destinations became relatively simple again. But, we discovered we enjoy working remotely from our RV while in the U.S. We’ve now spent 440 nights camping in our RV since buying it — 97 nights in 2020, 234 nights in 2021, 80 nights in 2022 and 29 nights so far in 2023.
Nineteen nights in our RV have been free at locations (like select Walmarts, select Cracker Barrels and businesses that participate in Harvest Hosts) that allow RVers to stay overnight upon asking permission. We’ve also spent 37 nights sleeping in the driveways of friends and family while visiting them.
But we usually find paid RV campsites with power and water. We’ve paid for campsites on 393 nights as follows:
171 nights at city and county campgrounds ($32 per night on average)
133 nights at U.S. Army Corps of Engineers campgrounds ($27 per night on average)
66 nights at state park campgrounds ($34 per night on average)
37 nights at private campgrounds ($52 per night on average)
Four nights at national park campgrounds ($48 per night on average)
On average, we’ve paid $33 per night for our RV campsites. The highest we paid was $104 per night at Orlando / Kissimmee KOA Holiday in Florida. And the least we paid was $17 per night at Shady Grove Campground in Cumming, Georgia, during a half-off promotion.
Related: The cheapest place to stay at Disney World is a tent — so I tried it
443 nights with family and friends
One aspect my husband and I appreciate about being digital nomads is seeing our family more than when we lived in one place. Here’s a breakdown of our nights with friends and family over the last six years:
July 2 to the end of 2017: 32 nights
2018: 90 nights
2019: 83 nights
2020: 167 nights
2021: 29 nights
2022: 27 nights
So far in 2023: 15 nights
We spent significant time with each of our parents in March through August of 2020 as much of the world locked down. However, the nights since August 2020 are lower than pre-pandemic since we now stay in our RV (either in the driveway or a nearby campground) while visiting most friends and family members.
Related: 43 real-world family travel tips that actually work
104 nights in transit
Over the past six years, I’ve spent 101 nights in flight or sleeping in airports. I typically avoid overnight flights, but sometimes overnight flights are unavoidable (and they’re enjoyable if I book a lie-flat seat or luck into a row to myself in economy).
If I have an overnight layover at an airport, I’ll book a hotel if the layover is long enough and I can find a modestly priced hotel on-site or with a free shuttle. But sometimes the layover is too short, or it just doesn’t make sense to get a hotel. In these cases, I’ll usually sleep in a lounge — ideally one with a sleeping area or at least lounge chairs — or in a Minute Suites (or a similar type of space) that participates in Priority Pass.
I’ve also spent three nights on trains, including two on the Amtrak Empire Builder from Portland, Oregon, to Chicago and one on a Trans-Mongolian train from Ulaanbaatar, Mongolia, to Hohhot, China. I thoroughly enjoyed both experiences, so it’s surprising that I haven’t taken any other overnight trains in the last six years. However, low-cost flights on many routes served by overnight trains often make flying a more convenient and less expensive alternative.
Related: 11 of the most scenic train rides on Earth
90 nights in vacation rentals
Vacation rentals are the accommodation of choice for many digital nomads, especially those who stay in each location for at least a month and appreciate having their own kitchen. And I spent 39 nights in vacation rentals in 2017 after becoming nomadic July 2.
However, one particularly bad Airbnb experience in 2018 and an increasing interest in hotel elite status caused me to switch most of my nights to hotels instead of vacation rentals. I stayed in vacation rentals for 17 nights in 2018 and 20 nights in 2019. I only stayed in one vacation rental each in 2020 (for three nights), 2021 (for two nights) and 2022 (for two nights). And so far, I’ve only stayed in one vacation rental (for seven nights) in 2023.
On average, I paid $53 per night for vacation rentals across my six years as a digital nomad. My least expensive vacation rental was $17 per night for a private studio apartment in Da Nang, Vietnam, that I booked through Airbnb. And my most expensive vacation rental was $129 per night for a waterfront apartment in Auckland, New Zealand, through Hotels.com.
I’ll still stay in vacation rentals when they’re my best option. But I generally prefer to stay at hotels for consistency and to earn and use my elite status perks.
Related: When a vacation rental makes more sense than a hotel
259 cities in 52 countries and territories
Finally, let’s talk about destinations. Over the last six years, I’ve visited 259 cities in 52 countries and territories. Here’s a look at the number of nights I stayed in each:
1,253 nights: United States of America (including 318 nights in hotels or vacation rentals)
88 nights: Germany
69 nights: Japan
56 nights: Australia
54 nights: South Africa (including 32 nights in or near South African national parks)
36 nights: Dominican Republic
27 nights: Maldives, Thailand
24 nights: Spain
22 nights: Hong Kong, Malaysia
21 nights: New Zealand, Serbia, Vietnam
20 nights: Canada, Colombia, Italy
19 nights: India
18 nights: Netherlands, United Arab Emirates
16 nights: Singapore
14 nights: Bahamas, French Polynesia, Indonesia
13 nights: Fiji, South Korea
11 nights: Brazil, Mongolia
10 nights: China
Nine nights: Bulgaria, England, France, Pakistan
Eight nights: Bosnia and Herzegovina, Latvia, Liberia, Mexico, Sri Lanka
Seven nights: Greece, Guam
Six nights: Turkey
Five nights: Belgium, Marshall Islands
Four nights: Sweden
Three nights: Argentina, Chile
Two nights: Panama
One night: Ethiopia, Finland, Ireland, Northern Mariana Islands, Taiwan
As you can see, I would have spent the most time in the U.S. even if the coronavirus pandemic hadn’t kept me in the country for much of 2020 and 2021. And interestingly, even my most visited country outside the U.S. (Germany) accounted for just 88 nights across the last six years.
I also visited 14 other countries and territories before becoming a digital nomad. So, although I’m not striving to visit every country in the world, I’ve visited 66 different countries and territories so far. My husband and I are trying to visit a few new-to-us countries each year while also returning to some of our favorite destinations like Germany, Japan, South Africa, Australia and Hong Kong.
Related: The 18 best places to travel in 2023
Bottom line
I feel incredibly thankful for the last six years I’ve spent as a digital nomad. I’ve grown significantly as a person and content creator while traveling full-time.
And I’ve had some amazing experiences, including swimming with manta rays in French Polynesia and the Maldives, watching a sea turtle dig a nest and lay her eggs on a Florida beach, staying at some awesome resorts (Six Senses Laamu, Six Senses Yao Noi and Alila Fort Bishangarh immediately come to mind), and overnighting in second-class hard bunks on a Trans-Mongolian train.
But it’s not these epic experiences that keep me on the road. After all, I could enjoy many of these experiences on vacation. Instead, the daily things like being surrounded by languages I don’t know, enjoying delicious local foods and exploring new cities and neighborhoods on foot keep me attached to the digital nomad lifestyle.
By: Brittney Myers |
Updated
June 4, 2023– First published on June 4, 2023
We all love the shock and awe of huge discounts, such as when you can save hundreds on living room furniture or get a half-priced gazebo. But it’s not those outsized deals that make warehouse stores like Sam’s Club such a great personal finance choice for so many families.No, that comes down to the solid savings on all our everyday necessities. Because, in the long run, shaving a few bucks off dinner each night will add up to way more money in your bank account than the occasional big score on furniture.With that in mind, let’s take a look at some of the best deals you can find under $10 at your local Sam’s Club.1. Member’s Mark spices: $3.68 to $9.98There are a lot of low-cost ways to improve your home cooking, not the least of which is making sure it’s spiced and seasoned properly. Sam’s Club offers a great range of popular spices, all of which have great reviews online. Prices depend on the particular spice, but they start at just $3.68. While the containers are fairly large, most spices have a shelf life of one to two years so you should have plenty of time to use them up.2. Member’s Mark over-the-counter medicines: $4.48 to $9.87Keeping the medicine cabinet stocked can get pricey, especially if you have family members who regularly go through items like allergy or heartburn medications. You can find Member’s Mark versions of many popular over-the-counter drugs, all for much less than you’d typically spend at the grocery store or drugstore. Prices vary, but start at just $4.48.3. Member’s Mark agave nectar: $7.98 Made from the agave plant, this sweet syrup has become a popular alternative to sugar and honey, especially in the vegan community as it is entirely plant-based. But while its growing popularity has helped it become more affordable, few places offer as good a price as Sam’s Club. Member’s Mark Organic Agave Nectar costs just $7.78 for a two-pack of 29-ounce bottles. While this may seem like a lot, agave nectar can last for years when stored properly.4. Member’s Mark walnuts: $7.98Not only are walnuts considered to have a wide range of health benefits, but they’re darn tasty, too. Of course, getting them out of their tough shells can be a serious workout. You can skip the hassle while also saving money by picking up Member’s Mark Natural Shelled Walnuts. A giant 3-pound bag will run you less than $8 at Sam’s Club.5. Member’s Mark broth: $8.48Alright, so the absolute best broth is always going to be one you make yourself. But who really has time to simmer chicken bones for hours? Sam’s Club offers two different Member’s Mark broths — chicken broth and beef broth — that are well-reviewed for taste and value. Get a 6-pack of 32-ounce cartons of either flavor for just $8.48.6. Member’s Mark loungewear: $8.98 to $9.98Thanks in large part to the work-from-home movement, a lot of folks have switched from business casual to business comfy (and I, for one, am happy for the change). If your new work uniform could use a few new pieces, scope out the deals at Sam’s Club. You can find a ton of different options — from knit pants to slouchy tees — for less than $10, making it easy to refresh your work-from-home wardrobe.7. Member’s Mark canned tomatoes: $9.48Canned tomato products are some of the most versatile items you can have in your pantry. You can use them for everything from a homemade pasta sauce to a hearty chili. And Sam’s Club makes it easy to keep them in stock. For just $9.48, you can get a 12-pack of 14.5-ounce cans of Member’s Mark Diced Tomatoes in Tomato Juice or a 12-pack of 15-ounce cans of Member’s Mark Tomato Sauce.Stack the savings with the right cardOn top of all of the other ways Sam’s Club can help you save, don’t forget to use a good rewards credit card when you shop. Purchase rewards from credit cards stack on top of any other type of deal or discount.
5 Things to Never Buy at Sam’s Club
By: Dana George |
Updated
June 13, 2023– First published on June 13, 2023
It’s easy to go wild while shopping at Sam’s Club. After all, there are new things to see and buy every time you walk into the warehouse store. And while many purchases are spot-on, some only make sense if you go in with a plan. Here are five things it rarely makes sense to buy at Sam’s Club. 1. Huge containers of anythingIf you’re excited by the idea of purchasing a one-gallon container of mayonnaise, you’re my kind of person. However, it may not be the best idea, particularly if you’re unsure how long it will take to consume a container of mayonnaise as large as a newborn baby.While there are dueling expert opinions on the matter, Dr. Karen Latimer is quoted in EatDelights as saying that a jar of mayonnaise can last for months if left unopened and stored away from sunlight. However, once that jar is opened and refrigerated, you have between two and three months to ensure it’s consumed. And if you accidentally leave it out for eight hours? Prepare to toss it. In short, unless you’re running a school cafeteria, a massive quantity of mayo may not be a good buy. It’s easier to save money on groceries if you’re willing to give up mega-sized products. 2. Fresh produceEvery time I walk into a warehouse store, I rack my brain to figure out who would benefit from purchasing the fresh produce. It’s colorful and looks supremely healthy, but you can’t just pick up two or three tomatoes or apples. So, unless you’re throwing a huge party and need enough avocados to put a bowl of guacamole on every table, or you’re a summer camp director and know the kids will tear through 10 pounds of onions with their burgers, you’ll probably save money by picking up the actual quantity of produce you need at your local farmer’s market or grocery store. Given that an estimated 20% of the food we buy goes to waste, making an extra stop could be worth the money. 3. SunscreenSummer is upon us, and we all know better than to allow our skin to burn in the midday sun. Sunscreen is essential, but unfortunately, it does expire. According to Mayo Clinic, we have 36 months to use sunscreen from the time it’s manufactured. The active ingredients will break down faster if exposed to excessive heat or direct sun. Picking up a three-pack of sunscreen as you browse your local Sam’s Club may seem like you’re saving money.. However, if you still find yourself squeezing sunscreen from one of those bottles three years later, you’re essentially putting lotion on your body and expecting it to protect you from the elements. 4. Vitamins and over-the-counter medicines One of the things that make vitamins and over-the-counter medicines so attractive at Sam’s Club is how much less you have to pay per unit. After all, the less you spend, the more money you’ll have to put away in a savings account, right? It’s not quite that simple.Let’s say you need to pick up Bayer Low Dose Aspirin. At Target, you’ll pay between $0.05 and $0.06 per tablet. But at Sam’s Club, you’ll pay only $0.03 per tablet. In this situation, there’s no doubt that Sam’s offers the best bargain. According to Bayer, aspirin remains 100% effective for up to four years, and you’ll probably use an entire bottle of aspirin in that time. However, it can be tough to determine when other products in the pharmacy department are due to expire. The Food & Drug Administration does not require vitamin manufacturers to put expiration dates on their products. While some manufacturers do so willingly, it’s not something you can count on. For example, if you were to pick up a 400 count bottle of Vitamin C + Zinc 500 mg at Sam’s Club today, you’d pay $0.04 per capsule. Here’s the problem: A Brazilian Journal of Pharmaceutical Sciences study found that 92% of vitamin C supplements lose efficacy after 12 months of storage. But unless you know that in advance, you don’t know if you’re getting an actual bargain. 5. Diapers and toilet paperGoing out of your way to purchase either diapers or toilet paper at Sam’s Club may cost you more than it’s worth. We all use toilet paper. Retailers know that, so they frequently discount toilet paper to lure shoppers into their stores. Chances are, you’ll score a deeper discount by purchasing TP when it’s on sale at your local market. You can compound the savings by using a coupon. The same is true of diapers. Today, the cost of Member’s Mark Newborn Diapers comes out to $0.16 per diaper. At the same time, Target’s Up & Up Newborn Diapers sell for a little less than $0.14 per diaper. It’s not a huge difference, but the savings add up when you consider how many of those things you go through while a child is young. By determining what constitutes a good buy and which products you want to avoid before walking into a Sam’s Club, you can spend less and keep more in your bank account.
5 Traps to Avoid When Shopping at Sam’s Club
By: Dana George |
Updated
June 18, 2023– First published on June 18, 2023
If you’re a Sam’s Club member, you probably employ a few tricks to make your shopping more productive. Maybe you hit one specific part of the warehouse club before heading to others. Maybe you shop alone. Or, you may just be figuring out what works best for you. As you adopt new shopping strategies, here are five things you’ll want to avoid.1. Shopping while hungryA study in the Proceedings of the National Academy of Sciences found that hungry shoppers spend more than 60% more than those who shop on a full stomach. Based on five research studies conducted by professors from the University of Southern California, Chinese University of Hong Kong, and the University of Minnesota, the researchers found something rather strange.According to Norbert Schwarz of the University of Southern California, the trio found that the desire to get food generally plants the idea of “getting stuff” in a hungry person’s mind, increasing the likelihood that they’ll be attracted to products that don’t satisfy physical hunger. The internal message “I want food,” simply becomes “I want.”2. Feeling obligated to buyThere’s a good reason Sam’s Club employs people to hand out samples. According to Inspira Marketing, 65% of consumers who try a sample purchase it during the same shopping trip. What’s more, 24% of those people say they replaced an item they planned to buy with the sampled product.Don’t get caught up in the belief that you must purchase an item just because someone was kind enough to offer you a sample. Naturally, if it’s something you really like and believe your household will consume it, go for it. But if you’re doing it to be polite, there’s no need. It truly is a marketing strategy.3. Being seduced by low pricesIt’s fair to say that most of us would rather tuck a little extra money into savings each month than overpay for the items we regularly purchase. Sam’s Club can make it easier to accomplish this goal — but only for savvy shoppers. Here are two reasons why:A product is only a “bargain” if you plan to use it in its entirety. At Sam’s, you can buy a 25-pound bag of enriched long grain rice for $13.28. At Target, you can buy the same amount of rice for $21.95. It seems like an easy choice. However, it’s not truly a bargain if you don’t end up using the entire 25-pound bag by the time it expires.There’s something about finding an item at a discounted price that makes us think twice about leaving it on the shelf. We walk away wondering if we just squandered the opportunity to snag a great deal. If you didn’t walk into Sam’s Club needing that 48-pack of AA batteries, you won’t miss them when you get home.4. Leaving the house without a listShopping from a list is one of the best ways to resist temptation. You know specifically what you need and don’t have to wander around the club trying to remind yourself. If you can get in the habit of sticking to your list, you’re sure to leave more in your checking account.A survey by retail solutions company Field Agent found that 44% of shoppers believe they spend less when they head out prepared with a shopping list, evidence that shopping lists can work.Fun fact: One of the few remaining papers from the Renaissance Man, Michelangelo, is a shopping list. Written either in the late 15th or early 16th century, it included staples like fish, soup, bread, and wine.5. Shopping on SaturdaysUnless you’re one of those rare souls who adore crowds, you may want to avoid shopping at Sam’s Club on Saturdays. The more physically uncomfortable you are, the more likely you’ll be to make hurried decisions, like buying an item you’re not sure you need. It’s tough to think clearly when you’re surrounded by noise.Instead, look for a day (or time) that tends to be less crowded. According to Sam’s Club members on Quora, you should encounter less hustle and bustle midweek. If you can’t make it midweek, the crowds are manageable early on Sundays before the church crowd floods in.As we wait for inflation to cool, perhaps the best we can do is save where we can. That may mean using money-saving apps, conducting a price comparison before we leave the house, and sticking to a shopping list.
How to Claim Your Google Class Action Settlement Cash by July 31
By: Natasha Etzel |
Updated
June 24, 2023– First published on June 24, 2023
Many of us use search engines like Google multiple times daily, and the same was true for many people 10 or more years ago. You may be owed money if you used Google between 2006 and 2013. The technology company has agreed to a $23 million settlement to resolve a user privacy class-action lawsuit. Eligible individuals can submit a claim to collect payment through July 31, 2023. Here’s what you need to know about this news.Google agrees to a $23 million settlementA class action lawsuit alleges that Google violated users’ privacy by sharing search queries with third-party websites between Oct. 26, 2006, and Sept. 30, 2013. You can file a claim if you performed a Google search and clicked on a search result during this time. Google denies any liability or wrongdoing, but has agreed to make payments to claimants who file.You may wonder how much money you can expect to receive. Since millions of users are expected to be eligible for compensation, payments will likely be small. Current estimates suggest that each claimant could be owed approximately $7.70. However, the payment amount could change as more users submit claims.While this amount of cash won’t significantly impact your checking account balance, filing a claim is worthwhile. No matter how minimal, extra cash can be a win for your personal finances. Whether you’re working to pay down credit card debt or build an emergency fund, a few extra dollars could help you reach your financial goals sooner.How to file a claim to receive a paymentThe deadline to submit a claim or exclude yourself from this class action settlement is July 31, 2023. You can file a claim if you used Google during the dates mentioned above. Below are the steps you need to take to collect the cash you’re owed:Visit the claim website and review the details of the settlement.Register to receive a class member ID.Use the class member ID sent to you to start a claim.Provide the required contact information and choose your preferred payment method (bank account, Venmo, PayPal, Venmo, Zelle, or a prepaid Mastercard)Complete and submit the claim form by July 31, 2023.Currently, there’s no set date for when to expect payment. The final approval hearing is scheduled for Oct. 12, 2023. You can visit the claim website for updates. If you wish to receive compensation, submit a claim before the deadline passes. If you do nothing, you give up your right to compensation and won’t receive a payment.This isn’t the first class action settlement of its kindGoogle isn’t the first technology company to be accused of violating users’ privacy. Facebook allegedly allowed third parties to access private user data from 2007 to 2022. The company admits no wrongdoing, but has agreed to a $725 million settlement. Claims are still being accepted for the Facebook privacy settlement through Aug. 25, 2023.If you were a Facebook user in the United States between May 24, 2007, and Dec. 22, 2022, you’re eligible to receive payment. Staying alert to class action settlements like this is worthwhile, as it could help you boost your savings account balance.
5 Reasons People Have Their Sam’s Club Membership Revoked
By: Lyle Daly |
Updated
June 29, 2023– First published on June 29, 2023
If you like shopping at Sam’s Club, the last thing you want is to lose your membership. Since it has a large selection and reasonable prices, it’s a great place to shop without too much of a hit to your finances. Fortunately, Sam’s Club doesn’t go around canceling people’s memberships for no reason. That wouldn’t be a great way to run a membership club.However, it does reserve the right to revoke membership, and it lists actionable offenses that could lead to this on its website. Here are the most common reasons for people to have their Sam’s Club membership revoked.1. Writing bad checksBounced checks could get you bounced from Sam’s Club. You might be able to fix this if it’s a one-time issue, but not if it happens on a regular basis. A better option is to pay with a rewards credit card instead of a check, so you can earn cash back or points on your purchase. If you’re one of the store’s frequent shoppers, there are Sam’s Club credit cards that are worth checking out.2. ShopliftingLike most of the actionable offenses on Sam’s Club’s list, this one’s pretty self-explanatory. Most stores ban people who get caught trying to shoplift. With those that require a membership, including Sam’s Club and Costco, they’ll usually take away your membership.3. Violent behaviorYour local Sam’s Club is not the place to throw down, even on Black Friday. You’ll most likely lose your membership, plus there’s the whole “could get arrested and spend the night in jail” part.4. Abusive, disrespectful, or threatening behavior toward an associate; profanity used toward an associateIt should go without saying, but sadly, not all customers treat retail employees well. Sam’s Club considers practically any type of rude behavior toward its associates as an actionable offense. That gives it plenty of leeway to revoke memberships of problem customers.5. Questionable returnsReturn abuse is a common issue for retailers, especially those with generous return policies. It’s the No. 1 reason people have their Costco membership revoked, and it’s also an actionable offense at Sam’s Club.You don’t need to worry if you have a legitimate return to make every now and then. Even if it has been months, or years since you made the purchase, Sam’s Club lets you return most items at any time. This stipulation about questionable returns is designed for the small percentage of customers who try to game the system. Here are a few examples of what can qualify:Returning a large number of your purchases.Frequently returning items you’ve had for a long time.Committing any sort of return fraud, such as trying to pass off an old laptop or phone as a new one.Most members won’t have any problemsThe reasons listed above are the actionable offenses that Sam’s Club specifically mentions. It can technically revoke your membership for any reason, without cause.The typical shopper doesn’t have anything to worry about. All the things Sam’s Club will ban you for aren’t exactly normal customer behavior. If someone tries to steal, start fights, or return 90% of what they buy at Sam’s Club, their membership could be revoked. The people who just shop there, enjoy the deals, and don’t yell at the employees can have a membership for as long as they want.
When I was in my early twenties, I was a credit card mess. I’d go shopping with my credit card in hand and not worry about how much I spent until the bill came. At that point, though, I’d start worrying a great deal — sometimes, I’d worry about it all night!
It didn’t take long for me to realize that I had to change my evil spending ways or cut up my card. So, I spent a lot of time learning everything I could about credit cards and personal finance. I literally read everything I could get my hands on. The more I learned, the easier it became to have a relationship with my credit card that it didn’t involve sleepless nights.
Fast forward a couple of decades. Now, I spend the better part of every day either writing or talking about credit cards or personal finance. But I freely acknowledge that credit cards aren’t for everyone. Cash is king for many people. But for those who do want a mutually beneficial relationship with their credit cards, here are the five habits common among cardholders who use their cards effectively.
Habit #1: They Have an Organized Credit Life.
You need to check your credit report and FICO score regularly. On AnnualCreditReport.com, you can get a free credit report from each bureau (Equifax, TransUnion, and Experian) once a year. Instead of ordering them all at once, request a report from a different credit bureau every four months. This way, you can monitor your report throughout the year. When you read the report, look for errors and signs of identity theft. (Here’s Adam Baker’s step-by-step guide to how to get your free credit report from AnnualCreditReport.com.)
Know what your credit card balances are on each of your cards. Also keep tabs on the interest rates for your cards. Check your accounts online several times a week so you stay on top of your balances. I know it’s a high-tech world, but it’s a good idea to keep files that have your credit report, score, monthly credit card bills, and disclosure statements. Nothing fancy required. Manila folders work just fine.
Habit #2: They Pay Their Bills in Full Every Month
One reason you want to have an organized credit life is so you always know where you stand with credit card balances. The goal is to pay off the balance every month. There’s really no middle ground here. You have to have the self-discipline to stop spending when you reach your budgeted limit. If your past history suggests that you will keep spending, don’t use credit cards.
And give yourself a pat on the back for honesty. The people who are the most successful at managing their money are the ones who know their strengths and weaknesses and make decisions accordingly.
Habit #3: They Use Rewards Cards to Their Advantage
I admit I love a good rewards card.I guess it’s the personal finance geek inside me who loves the idea of getting paid to use my credit card. The key here is to use the rewards card to your advantage and that means paying off your bill in full every month (see Habit #2). Rewards cards tend to have higher interest rates. If you carry a balance, you not only negate the benefit, you lose money.
Habit #4: They Track Their Credit Card Expenses
When I had sleepless nights over credit card bills it was because I wasn’t tracking my expenses. So when my statement arrived, I almost passed out from anxiety. If you’re an effective credit card user — make that a highly effective user — you’re never surprised by your bill. And since you’re paying the bill off every month, it’s just another piece of mail.
There are a lot of fun money management tools out there right now. You just have to do some research and find one that works for you. I use Mint and it’s worked well for me. I’m a visual person, and I love all the colorful charts and graphs.
Habit #5: They Read Their Credit Card Bills and Disclosure Statements
Open your statement as soon as it arrives. Look at every transaction to make sure the charges are legitimate. If you see any discrepancies, get on the phone immediately. It’s very important right now to read all the disclosure statements you receive. With the credit card legislation still being phased in, credit card issuers are sometimes getting creative when it comes to fees.