Banks issued 42 percent more credit cards in the first six months of 2021.
About the author
“Being able to successfully manage your money is one of the most important things you can learn. Unfortunately, most people don’t acquire enough financial knowledge at school or at home. My goal is to help everyday people understand credit better and use these skills to improve their financial lives.” – Ted Rossman
Consumer payment behavior, getting out of debt, building credit, maximizing rewards, protecting your identity
Bachelor's degree in political science from Colgate University, Hamilton, New York
- Frequent commentator on major national media outlets
- Consumer advocate who helps people achieve their financial goals
- More than a decade of personal finance industry experience
- 2021 National Excellence Award recipient, Money Management International's Financial Literacy and Education in Communities Awards
Ted has spent the past 10 years at Bankrate.com and CreditCards.com helping consumers maximize credit card rewards, get out of debt, boost their credit scores, protect their identities and more. He regularly shares his advice with major media outlets such as The TODAY Show, Good Morning America, CBS This Morning, The Wall Street Journal, The New York Times, CNN.com, Forbes, The Associated Press, CNBC, Fox Business, NPR, USA Today and many others.
He also conducts proprietary credit card market research and writes weekly columns for both Bankrate and CreditCards.com, often on the subject of cash back credit cards. With a wife and two young children at home, Ted enjoys earning cash back on his family’s many everyday expenses. A 2006 graduate of Colgate University, Ted joined Bankrate and CreditCards.com in 2011.
He spent the first seven years of that tenure on the companies’ award-winning communications team, where he served as public relations director. The team won dozens of national and local honors, including a Big Apple Award for Best Marketing of Consumer Financial Services from the New York Chapter of the Public Relations Society of America. In that role, Ted helped direct the companies’ research efforts and promoted its data and experts to the media. In 2018, he transitioned into more of a front-of-the-house role and began making media appearances as the websites’ industry analyst and media spokesman.
Ted has a keen interest in helping people answer their pressing questions about credit (you can send him yours via email). He believes that credit cards, when used properly, can provide people with hundreds or even thousands of dollars in annual rewards and other benefits. Avoiding credit card debt and improving your credit score are important steps toward financial freedom.
Ted earned a Bachelor of Arts degree from Colgate University. He majored in political science and minored in educational studies. While at Colgate, Ted interned with the athletic communications department and broadcast hundreds of sporting events via a streaming audio service. He also called games for a local FM radio station and for the student-run TV station (CUTV). In addition, Ted served on the CUTV executive board and wrote for The Colgate Maroon-News, the oldest college weekly in America.
Ted's Latest Articles
3 min read Sep 24, 2021
I’m only using two credit cards these days, and I appreciate the Chase Freedom Flex’s versatility.3 min read Sep 17, 2021
Just when we thought we were almost finished with COVID-19, the Delta variant threw us a curve ball.3 min read Sep 10, 2021
Renters are struggling at the household level, but there are resources to help.3 min read Sep 03, 2021
Magnetic stripe credit cards are a 1960s innovation that will soon become a historical artifact.2 min read Aug 27, 2021
Credit card customer satisfaction is yet again a two-horse race in 2021.3 min read Aug 20, 2021
Don’t wait to claim these sky-high travel benefits.2 min read Aug 13, 2021
The Citizens Bank Cash Back Plus Mastercard provides 1.8 percent cash back, and might even be more rewarding than a 2 percent cash back card. Find out the card’s perks, and if it’s right for your [...]2 min read Aug 06, 2021