My New Credit Card

American Express was recently named the customer favorite out of all the credit card companies. This year a study was done by J.D. Power and Associates and Amex came out on top for the forth year in a row. One of the reasons they were voted the favorite was because of their rewards programs. Amex offers solid rewards programs and some unique experience for their customers. If you carry either the American Express (R) Preferred Rewards Gold Card or the Platinum Card(R) from American Express then your in for a treat because card members get the option to take advantage of some really unique rewards.

• Tandem Skydiving
  If your up for skydiving then your going to love this offer from American Express. If you are a card member and a member of the Membership Rewards program, you have the option to your points for a tandem skydiving experience. The reward is offered through the company Xperience Days and you need 15,000 points to take advantage of the offer.

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Did you know that StudentPlatinum has a credit education center with over 15 articles on various credit and student credit topics?

We’ve done the legwork to make sure the information presented to you is accurate, practical and useful for everyday life. No deceptive practices, no sketchy content.

Here are some of our users’ favorite articles:

• How to Manage Your Money – http://www.studentplatinum.com/credit-education/manage-your-money.php
• What is APR? (Annual Percentage Rate) – http://www.studentplatinum.com/credit-education/what-is-apr-annual-percentage-rate.php
• All About Being a Co-signer – http://www.studentplatinum.com/credit-education/being-a-cosigner.php

If you have a suggestion for our next article, shoot it over to CustomerService@studentplatinum.com or post it in the comments!

There’s no doubt that having a credit card offers many great benefits and even advantages. Credit cards can make life so convenient, that is until you find yourself in credit card debt. The way you use your card should be taken very seriously and you should try to avoid the buy now pay later mentality at all costs. If you don’t believe this just look at the average credit card debt in this country. The average family carries $8,000 in credit card debt in the United States according to the American Bankers’ Association. If you don’t want to find yourself part of this statistic then make a plan for your credit card use and review these tips for staying out of debt.

1. Figure out why you want a credit card
   It may sound like a no brainier, but knowing why you want a credit card can be the different between ending up in credit card debt or not. Why do you want a credit card? Is it to buy things you can’t afford like new furniture for your apartment or do you want to build your credit. Knowing w

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Balance transfers are perhaps the easiest way to consolidate credit card debt and pay off multiple balances simultaneously. By consolidating the debt to a credit card with a low interest rate, the cardholder can effectively reduce the total amount of debt that needs to be repaid in the long term.

In fact, if a credit card with a zero APR introductory period is used as the main balance transfer card, then it is possible to completely eliminate interest and pay the balance off with no interest charged.

Unfortunately, there are occasions when balance transfer cards are used incorrectly, causing even more debt rather than reducing it. The following step-by-step manual on balance transfers can help anyone perform proper debt consolidation with a balance transfer credit card.

Step 1 – Finding a Balance Transfer Credit Card

The first step is finding a new credit card that will accept balance transfers at an attractive interest rate and without charging exorbitant fees. T

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