Skyla Credit Union Blog

If you’re looking for purchasing power, a credit card is a great option. However, getting that cash flow isn’t guaranteed and you need to apply through a lender first.

Imagine every swipe of your card bringing you one step closer to that dream vacation or the latest kitchen gadget you've been coveting. Intriguing, right? Well, welcome to the dazzling world of reward credit cards! Did you know according the the latest Lending Tree survey that a whopping 87% of credit cardholders have at least one card that lets them earn rewards? Yes, you heard it right! So, if you're not part of this statistic yet, it's high time you join the party! But hang on! How do these magical pieces of plastic work? Why do they seem too good to be true? Get ready, folks, because we're about to take a ride into the exciting world of rewards credit cards.

With so many options out there, it's easy to feel overwhelmed about picking the right card. But fear not, because I'm here to show you that the rewards can be highly satisfying if you know the ropes! DID YOU KNOW 23% of rewards cardholders haven't redeemed any rewards over the past year according to a new creditcards.com survey, crazy- right?! Via Giphy Hopefully, they're not missing out on some rewarding opportunities and they're all just waiting on the right time to redeem for a nice big vacation. From getting cash back on your daily coffee fix to earning flight miles for that dream vacation, rewards credit cards can be a game-changer if you choose wisely. Lucky for you, we'll cut through the jargon and equip you with the know-how to pick the perfect rewards credit card for your lifestyle. Let's get started!

Credit cards often get a bad rap, but only because people don't understand how to properly utilize them. If you use credit cards correctly, they can actually help your credit and save you money.

Credit card debt just sucks - plain as that!

“How can I track my credit card expenses?” We’re asked this question all the time, which is understandable since you have every right to have and be in control over your credit card spending. Keeping track helps you stay on top of fraud as soon as it occurs and helps with sticking to a budget and maintaining a low balance.

If you're searching for a credit card offering a 0% APR*, there are some things you need to know before you sign up and get one. I know it's tempting to see credit cards offering zero interest for up to 6- to 21 months from account opening, but that doesn't mean you can start spending like a Kardashian instead of someone with a modest bank account...

Aside from the design and the account numbers on your cards looking different, it’s easy to think of a credit card like a debit card – but there are quite a few key differences. In this article, we’ll outline the similarities and differences so you can become a more financially savvy shopper.

Credit cards can be a great way to build your credit score and earn rewards, but if you're not careful, you can easily make mistakes that can damage your credit score and cost you money. In this blog post, we will discuss 5 of the most common credit card mistakes and how to avoid them.