The point bloggers are all over this so I won’t say much that hasn’t already been said.

Hyatt has updated hotel categories for many hotels. Some up some down. I color coded their list to make it easier to spot which ones now need less points and which need more. See below!

Link: 5 Days Only: Save 50% on select Quicken products! Ends 3/18.

Whether you travel or not, you need to manage your money.  Quicken is perhaps the only real tool for managing your money that doesn’t force you to keep your financial data in the cloud (but you can if you want to).

If you already use Quicken and have been thinking of upgrading this is a great time as this 50% off deal only happens once or twice a year!

If you have a Mac, I would suggest getting the PC version instead of the Mac one. The one for Mac does not have the full feature set of the PC versions. Just run it in Parallels, VMWare, or CrossOver.

I bought it, I use it, I like it.

In the market for a smart chip credit card?  Here’s a bit of news for you.

American Express has indicated that it will offer smart chip credit cards towards the latter half of this year (2012).   This may actually happen as planned, since AMEX has indicated that by April 2013, all credit card processors must be able to handle EMV cards.

American Express’s press release follows Visa, Mastercard, and Discover who have already announced planned support for EMV cards in the USA.   We can thus expect to see that smart chip credit cards will be increasingly accepted at merchants all across the USA in the coming years.

For now, as the AMEX smart chip credit cards are still a few months away, we all will have to get our smart chip credit cards from the few banks and credit unions that offer them.  Check out our post on available chip-and-signature as well as chip-and-pin cards.

For more information view the American Express press release on EMV cards.

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Today is a quick one. There are only TWO chip-and-pin smart chip credit cards available in the USA.

If you are interested in the chip-and-signature smart cards, we have a detailed comparison table created to help you decide.

For a comprehensive list of all the smart chip credit cards available in the U.S., you should refer to the post here.

Not sure if you even need a smart card?  Then you must read this post.

Chip-and-pin Cards Compared

Below are all the chip-and-pin cards at a glance.

** Please refer to comments box below on how to apply for the GlobeTrek VISA Rewards Card.  We will write a post shortly with detailed instructions.  In the meantime, if you have questions or run into any issues, feel free to drop us a note!

How to Decide Which Chip-and-Pin Card to Apply

The best smart chip credit card for you depends on your lifestyle and spending habit.

Why?

This is because everyone places a different value on the various benefits offered by a credit card.

For us, first and foremost, saving money is key.  So, anytime we can save cash or get more rewards to subsidize our travel, we like that smart chip credit card a little bit more.

Let’s look at the easy stuff first.

On Sign Up Promotion, the GlobeTrek Visa Card wins because we will get 5000 points after 1st purchase.  Staying in lounges at the airport is a luxury that we will trade 5000 points for.

On Rewards, we think the Elite Credit Card wins, although not by much.  This is because while the rewards program of the Elite Credit Card is slightly richer, we have another card we use for grocery and dining spend, so we will not likely take advantage of the 2 points per $1 at supermarket offer.  It will be a nice backup card though in case we forget the other card.

Now, the tricky part is how to evaluate annual fee and foreign exchange fee.  It depends on how much you plan to spend overseas.

Essentially, you are trying to compare $50 vs. 1% of foreign spend.

If you think you will put more than $5000 on your new credit card from overseas, then apply for the Elite Credit Card because you will spend more on the foreign exchange fee with the GlobeTrek Card than the annual fee on the Elite Credit Card.

On the other hand, if you think you will spend less than $5000 overseas, then by all means, apply for the GlobeTrek Visa Card because the 1% you spend on foreign exchange fees on that card will be less than the annual fee on the Elite Credit Card.

**Caveat Emptor? We noticed one inconvenience on the Elite Credit Card in that it will automatically enroll you in a 60-day complimentary term life insurance product and the cost of this product will be automatically billed to your Elite Credit Card starting on the 61st day.  If you don’t need term life insurance you can opt-out before the 61st day, but you must call a designated number on the fine print of the application to cancel.  We think this is a very questionable practice to automatically opt-in everyone to this (eventually) paid product.  So all else being equal, we will sign up for the GlobeTrek Visa Card instead.

Everyone has different spending habits, so think about how you spend, then decide on the card you want to apply.

Which smart chip credit card are you planning to apply for?  Any questions, drop us a comment below!

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Smart chip credit cards are becoming more important to carry on your trip abroad, as more merchants overseas discontinue their support for the magnetic strip credit cards predominately available in the U.S.

We have researched the list of smart chip credit cards you can apply for in the U.S. previously.  Today, we would like to provide a quick comparison of chip and signature smart cards available in the country.  Tomorrow I’ll compare the available chip and pin cards.

Key Considerations in Deciding the Right Card for You

The table below shows all the chip and signature cards available in the U.S. today.

None of the cards carry any foreign exchange fees (which is great news!) and all cards offer a rewards program.  All cards, with the exception of the J.P. Morgan Select Visa Signature Card, give you a sign-on bonus as well.

If you just want to get a smart chip credit card for travel (or bragging right for being ahead of the curve), get a card with no annual fee.  At this time, only the FlexPerks Travel Rewards Visa and J.P. Morgan Select Visa Signature offer no fee for the first year.  All cards have an annual fee after the first year.

However, after the first year, you can always cancel the card (just make sure you use up any rewards points in your account before you cancel), or call the bank and see if it will extend the no-fee promotion for you for another year (many banks will do that especially if you have been a good customer to them).

Which Chip and Signature Card We Would Pick and Why

Looking at the some of the benefits and features of each card, it appears that US Bank FlexPerks Travel Rewards Visa may be a decent card.  It has the lowest annual fee of all the cards, and no fee for the 1st year. That’s something to keep in mind especially if you plan to keep the card longer than a year.  As far as rewards are concerned, this card is currently offering bonus points.  The points will get you $50 for every 5,000 points which is equal to 1% cash back.  it also has a sign up promotion.

If it were up to us, our first choice would be the  US Bank FlexPerks Travel Rewards Visa by US Bank and our second choice would be the JP Morgan Select Visa Signature.  Both have no fees for the first year.  But by all means, take a look at the table below and pick the one that fits your spending style the most!

Chip-and-signature smart cards

Below are all the chip-and-signature cards compared side by side.

Which smart chip credit card did you apply for?  Any questions, drop us a comment below!

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