Archive for September 7th, 2007

I recently changed credit cards with the same bank, to minimize the interest I was being charged.. I ditched the rewards points porgram I was on.. I hardly ever qualified for anything anyway, so this is a much better deal.   It’s always good to regularly review your credit cards as new and better products are coming out all the time.  I would suggest you review these regularly, as well as your home mortgage and insurance.   Of course doing credit card comparisons can be time consuming if you are going to do all of the leg-work yourself, and this is where a site like newcreditapplications.com really adds value.

This sire really help you find the best credit card for you - the left hand menu gives you a very quick overview of all of the different cards, which is great becasue you can easily find the type of card you are looking for with ease.  For example, if you are wanting to do a balance transfer and take advantage of many banks low interest introductory offers,  visit the “balance transfers” page to get a list of the top rated cards that allow these kind of transfers, similarly if you are a student, you would look under the “student” category, or if you were suffering from bad credit, there are cards that specifically cater to you as well.

Interestingly, there were some card types there than I had not heard of (or had not heard much about) like the gas mileage cards and the pre-paid credit cards.   So, as you can see it’s worth doing your homework and staying on top of the ever changing credit card industry.

As previously mentioned, the site is well laid out and easy to navigate.  The only suggestion I would make is to add a little about each type of credit card above the credit card listings for that type of card.  For instance, a little bit about what a pre-paid credit crad is above the listings of pre-paid credit card woud help many folks easily grasp what their options are.  Other than that, there is just the right of information listed about each card.. there is a summary of the most important features to allow for easy card selelction, and then more detailed information for those like me who what to get into the details.  Of course there are links through so that you can apply for any of the cards online which is a real bonus for many people who are time poor.  All in all this is a great resource and will certainyl alleviate that annual “chore” of getting the best deals on your credit cards.

The banking industry continues to move towards a paperless business environment.  Paperless checking services require a high level of integration of not only systems and technologies, but agreements in clearing practices and other banking function. 

Recently Wachovia online banking moved to the top of the market in providing these kinds of services through a partnership with Accenture, CheckFree, Corillian, and Microsoft.  Wachovia online banking now provides a much richer set of functionality, and equally as important, a broader set of access to non-Wachovia accounts using the CheckFree capabilities.  The newest version of the software was standard for all new bank customers, and then existing customers were gradually converted to the new systems and user interfaces. 

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