Issuers may reduce credit limits for some cardholders amid coronavirus pandemic
Issuers may restrict available credit extended to borrowers; here’s how a lower credit limit could affect you.
3 min read
May 27, 2020
Kendall Little is a former personal finance writer covering credit card news and advice at Bankrate. She is originally from metro Atlanta and holds bachelor’s degrees from the University of Georgia in both journalism and film studies.
Before joining Bankrate in August 2018, Kendall worked in digital communications throughout various industries, including education, health care and television. Follow her on Twitter: @kendallnlittle.
Kendall's latest articles
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How you can protect your credit score during the coronavirus pandemic
Economic uncertainty due to coronavirus can impact credit health. Take action to limit the impact and safeguard your score.
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Millions of Americans entered coronavirus pandemic with credit card debt
A new survey from CreditCards.com reveals many Americans already had long-lasting, high-interest debt balances as coronavirus outbreak began.
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Survey: 56 percent of Americans have shared subscription account information
As Americans practice social distancing, streaming services become an even bigger part of our everyday lives. Survey shows that many borrow or share their own subscription account logins.
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How the Fed’s second emergency rate decision impacts your credit card balances
Credit card interest rates likely to drop after the Fed’s rate cut to near-zero, in response to coronavirus threat to public health and the economy.
4 min read Mar 16, 2020
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Traveling around the world with credit card points
Points and miles have allowed me to travel across the globe on award bookings. Here’s how you can, too.
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A guide to airline companion passes
Airline companion passes vary — some are for one-time discounts while others cover a companion’s flight costs year-round — but they can all save you money.
6 min read Apr 17, 2023 -
Credit card rewards mistakes to avoid
Mistakes to avoid when using your credit card rewards.
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Citi launches new travel portal with Booking.com
Learn more about the new portal, its benefits and perks for select Citi cardholders.
2 min read Mar 21, 2023 -
9 common credit card fees and how to avoid them
Avoiding these credit card fees can help you maximize your credit card and maintain great credit long-term.
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Can you buy a car with a credit card?
Before you purchase a car with a card to earn rewards or use an introductory offer, consider how it may affect your credit or the cost.
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7 tips for keeping your business finances organized
A great budget and the right tools can help you ensure your business finances are in solid shape for the long-term.
4 min read Mar 13, 2023 -
Ways your credit card info might be stolen and how to prevent it
Keep an eye out for fraud and take these steps to mitigate the damage if you find any.
5 min read Mar 13, 2023
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Chase Freedom Flex benefits guide
With its great rewards combined with added benefits, the Freedom Flex could be the perfect cash back card for some spenders.
3 min read Jan 27, 2023