Welcome!

News Feed Item

The Top Credit Cards for Retirees, Announced by CreditCardChaser.com

NEW YORK, NY -- (Marketwired) -- 07/18/14 -- Being a retiree might mean more time to do the things people enjoy doing, but for most, it means living on a fixed income and adhering to strict budgetary guidelines. Unless they have a business interest that continues paying them during retirement or some other form of retirement income, there is no additional income coming in other than from retirement accounts and Social Security. Fixed incomes make it critically important for seniors to have access to affordable credit for the unexpected costs that arise.

The three top credit cards for seniors as determined by CreditCardChaser.com are:

Discover it chrome

One of the newer credit cards offered to U.S. consumers also is one of the best for the nation's retirees. The Discover it chrome card offers excellent cash-back programs for senior citizens and others while also providing excellent lending rates and forgiveness of missed payments. Cardholders can earn up to 2 percent back in cash on as much as $1,000 in charges on various revolving consumer categories. Whether using the card to pay for a restaurant meal or fill up the car's gas tank, the card will provide $2 back for each $100 in charges made in those consumer categories. All others purchases are good for a 1 percent cash back bonus.

The Discover it chrome is an excellent card for retirees to use for emergency expenses, such as unexpected car repairs or sudden medical emergencies. New cardholders have up to 14 months to pay off the balance with no interest charged, including on balance transfers as well as purchases. After the initial 14 months, the card charges interest rates ranging from about 11 percent to 23 percent, depending on credit scores. Monthly credit card statements also provide a free consumer credit score for cardholders, making the Discover it chrome one of the best credit cards for retirees and other consumers.

Citi Simplicity

Another top credit card for senior citizens gives them and other consumers up to 18 months to pay down balances with 0 percent interest on purchases and balance transfers from other credit cards. After the initial introductory period and its 0 percent interest rate is over, the card generally charges a modest 15.99 percent interest rate. The Citi Simplicity card also protects against credit card theft and fraud with zero liability for unauthorized charges. That means seniors won't have to be as concerned about their credit cards being snatched by unscrupulous people who might otherwise take advantage of them, such as house cleaners, in-home caregivers and others who have greater access to valuables and credit cards owned by retirees.

One of the greatest advantages of the Citi Simplicity card is its "Price Rewind" program that allows retirees and others to register the purchases they make with their credit cards and will search retailer websites for up to 30 days to locate a better deal. If a selling price that is at least $25 lower is found elsewhere, the Citi Simplicity card will reduce the amount of the charge to reflect the lower price. That means retirees don't have to worry about shopping for the best deal. They can just let Citi Simplicity do it for them.

Barclaycard Rewards MasterCard - Average Credit

Not everyone can have great credit scores, especially if they are faced with fixed incomes and recently unexpected expenses that had negative impacts on their credit scores. Fortunately, the Barclaycard Rewards MasterCard - Average Credit offers a good credit card for those with less-than-stellar credit. There is no annual fee, and cardholders can build up bonus points for use on various promotional items. The card provides two bonus points for every dollar spent on gas and groceries and one bonus point but does have a 24.99 percent annual rate on balances.

About CreditCardChaser.com

CreditCardChaser provides a free services for consumers looking to find the best credit cards for their needs. The site helps consumers to narrow their options and make informed decisions on the best credit cards for them through information content and by using the site's fully secure online credit card-finding tool.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.