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How Many Credit Cards You Should Be Carrying

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You don’t need to carry around every credit card you own, especially if you’ve got a lot. You only need the cards that earn you the most rewards. This guide will discuss the cards that are worth carrying around most often.

With new offers continually being presented to you, it’s tempting to want to take advantage of all of them, and that would seem crazy.

Not just one person. At a time, Walter Cavanagh of Santa Clara has done something like that. He holds the Guinness World Record for having the most collection of credit cards. He has 1,497 credit cards in his wallet.

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With $1.7 million credit, he keeps the cards in the world’s most extended wallet of 250 feet.

Everyone does not have to be like Walter Cavanagh to be successful with credit cards. That is why this article will share some statistics on how many credit cards the average American has, how many you should have, and some other things to consider before loading up your wallet.

How many credit cards does the average American have?

According to the 2017 Experian State of Credit report, it was reported that an average American has 3.1 credit cards.

We need to let you know that because 3.1 credit cards are taken as an average, that doesn’t mean it should be the same for you. There are many other factors to consider (especially your financial situation).

How Americans are using their credit cards

Another interesting decision is how consumers are using their credit cards. According to a report from Ellen Sirull of Experian,

“…when it comes to paying with credit cards the most popular choice in the U.S. are cards with EMV chips (47 percent), followed by swiping a card (34 per cent) and contactless cards, which are used on smartphones and watches (five per cent).”

TransUnion which is one of the major three credit bureaus in America said this about recent credit card usage:

“The number of credit card accounts rose 2.6 per cent in the last year to 416.5 million in Q1 2018, up from 405.8 million in Q1 2017. In that same timeframe, the number of consumers with access to a credit card also increased by 2.1 per cent to 174.9 million from 171.4 million one year ago.”

With the adoption of payment methods like Apple Pay, a substantial part of the population may walk about without physical credit cards one day.

Sirull states that:

“…there will likely continue to be a growing number of options for consumers with the evolution of mobile wallets such as Google Pay and cryptocurrencies like Bitcoin still making the news.”

How many credit cards you should have?

Like I was saying, it depends on the situation. Consider your present condition or the state you might run into. Below is my recommended number of credit cards for some cases.

If you are new to credit, start with a single credit card with a low credit line. This will not only build your credit but help you get used to using a credit card for the first time. Also, in the case you are rebuilding your credit, maybe you’ve experienced bankruptcy, charge-offs, or some other type of adverse credit event, I’d recommend you start with one secured credit card.

I’d recommend having a credit card that you can use primarily for your business expenses for small business owners. This will make things much easier for your business at tax payment time.

If you’re doing a balance transfer, I’ll assume that you already have one credit card with a balance you want to pay off. You should have at least one other card to get an excellent balance transfer promotional rate on to move the balance. Bear in mind that balance transfers are just promotions. It would be best if you had a good plan at hand to eliminate the debt.

An average of 3.1 credit cards will be good for someone who uses credit cards for everyday purchases. A Reward hunter should consider 4-5 credit cards. Just consider not opening them all at once. Try to include a cashback credit card, a travel rewards card, and a store card to maximize your shopping rewards.

Now let us consider the different types of rewards credit cards.

The different types of rewards credit cards

If you want to earn the most of the rewards available, there are three kinds of credit cards you should consider.

Bonus rewards card

The first kind of credit card is used just for spending where you receive some bonus reward.

You are considering the Chase Sapphire® Preferred. It offers 2x points on all dining and travel, so if you have dinner often or have a lot of travel expenses, you’ll want to use your Sapphire card only a lot. Try tailoring your card to where you spend most. Other cards can offer bonuses on gas, groceries, office equipment, among other supplies. In addition, some cards provide you bonuses at specific stores or travel spots.

Some types of bonus spending are the sign-up bonus. In case you receive a sign-up bonus from a new credit card, you’ll want to use it more often.

High ROI on everyday purchases

The second kind of rewards credit card that offers a high rate of return on purchases is the High ROI on everyday purchases. For example, the Wells Fargo Cash Wise Visa® card provides 1.5 per cent cashback on almost all purchases.

If your preferred card for non-bonus spending is an American Express, you may also have a Visa or MasterCard to use wherever Amex is not allowed.

Personally important perks

There are credit cards that offer valuable cardholder benefits. Many airline credit cards will provide you with bonuses such as a free checked bag and priority boarding.

Cards you keep and cards that you carry

If you’re really into earning credit card rewards, you may end up having ten or more credit cards. It is unwise to carry all of those cards with you at a time. You might end up having headaches if you’re taking all cards in your wallet.

Based on a lot of factors, I know you’ll want the following cards:

An everyday spending card that you use for non-bonus spending.Bonus credit cards for your most frequent purchases

There’s no need to carry airline and hotel cards that you only serve specific travel benefits. Consider keeping those cards at home and have them only when you’re travelling.

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Article: livetechnoid.com

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Money

Vivo Y21A Full Specifications and Price

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Here are the full specifications of the Vivo Y21A smartphone device and the price you need to know before buying one with your money or on credit.

Phone Details

The Vivo Y21A model has great specifications. It comes with a 6.51-inches screen with a 720 x 1600 pixels resolution IPS display panel housing the front 8 MP selfie lens.

The processor is an Octa-core CPU, Mediatek MT6762 Helio P22 (12 nm) chipset and PowerVR GE8320 GPU. It has 4GB RAM and 64GB internal storage. Amazingly, it is 4G LTE network enabled. Vivo Y21A houses a gigantic 5000mAh battery and runs on Android 11 (Funtouch 11.1).

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It has dual cameras on the back, a 13 MP primary lens and a secondary 2 MP camera, Dual LED flash and comes in different colour variants such as Diamond Glow and Midnight Blue. This, however, is just a sneak peek, kindly check the table below for all the features that come with the device.

Vivo Y21A Full Specifications

General

Brand
Vivo
Model
Y21A
Display
IPS LCD capacitive touchscreen with 16M colours
Body type
Glass front, plastic back, plastic frame
Protection
Scratch Resistant Glass
Dimensions
164.26 x 76.08 x 8.00 mm
Weight
182 g
Battery capacity
Li-Po 5000mAh, non-removable
Fast charging
Yes, Fast, 18W
Wireless charging
No
Uptime
N/A
Colour variants
Diamond Glow and Midnight Blue
Released year
January 2022

Display

Screen size
6.51 inches
Resolution
720 x 1600 pixels at 270 PPI density
Aspect ratio
20:9 ratio

Hardware

Processor
Mediatek MT6762 Helio P22 (12 nm) chipset

Octa-core 4×2.0 GHz Cortex-A53 and 4×1.8 GHz Cortex-A53 CPU

PowerVR GE8320 GPU

RAM
4GB
Internal storage
64GB, MicroSD expandable
MicroSD Limit
Up to 1TB

Camera

Rear camera
Dual Lens, 13 MP camera at f/2.2 aperture and 2 MP at f/2.4 with LED flash and HDR
Front camera
Single Lens, 8 MP camera
Camera functions
Autofocus, Digital zoom and Touch focus

Software

OS
Android 11
Skin
Funtouch 11.1

Connectivity

Wi-Fi
Yes
GPS
Yes
Bluetooth
Yes
NFC
No
USB type
USB Type-C 2.0
SIM type
Dual, Nano-SIMs
GSM/CDMA
GSM
2G
Yes
2G bands
GSM 850 / 900 / 1800 / 1900
3G
Yes
3G bands
HSDPA 850 / 1900 / 2100
4G/ LTE
Yes
4G bands
LTE band 1, 3, 5, 8, 38, 40, 41
5G
No
Speed
HSPA 42.2/5.76 Mbps, LTE-A

Sensors

Fingerprint
Yes, side-mounted
Proximity
Yes
Barometer
No
Accelerometer
Yes
Gyroscope
No
Compass
Yes
Others
Face ID

Sound

Loudspeaker
Yes
3.5mm jack
Yes

MISC

Also in the box
Charging Adapter, USB Cable and User Manual

Also, See:

Vivo Y21A Price

Vivo Y21A is priced at around $129 in the United States, €115 in Europe and ₦53,500 in Nigeria. Prices in other specific countries and currencies are provided below.

United States
$129
United Kingdom
£95
Europe
€115
China
¥819
India
₹9,599
Nigeria
₦53,500
Ghana
Gh₵805
South Africa
ZAR1,950
Kenya
Ksh14,649
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Article: livetechnoid.com

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Money

UMiDIGI Bison GT2 Pro Full Specifications and Price

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Here are the full specifications of the UMiDIGI Bison GT2 Pro smartphone device and the price you need to know before buying one with your money or on credit.

Phone Details

The UMiDIGI Bison GT2 Pro model has great specifications. It comes with a 6.5-inches screen with a 1080 x 2400 pixels resolution IPS display panel housing the front 24 MP selfie lens.

The processor is an Octa-core CPU, MediaTek Helio G96 (12 nm) chipset and Mali-G76 MC4 GPU. It has 8GB RAM and 256GB internal storage. Amazingly, it is 4G LTE network enabled. UMiDIGI Bison GT2 Pro houses a gigantic 6150mAh battery and runs on Android 11 (Upgrade to Android 12 via OTA).

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It has triple cameras on the back, a 64 MP primary lens and dual secondary cameras of 8 MP and 5 MP AI, with LED flash and comes in different colour variants such as Hack Black. This, however, is just a sneak peek, kindly check the table below for all the features that come with the device.

UMiDIGI Bison GT2 Pro Full Specifications

General

Brand
UMiDIGI
Model
Bison GT2 Pro
Display
IPS LCD capacitive touchscreen with 16M colours
Body type
Glass front
Protection
Scratch Resistant Glass
Dimensions
172.2 x 83.9 x 12.9 mm
Weight
280 g
Battery capacity
Li-Poly 6150mAh, non-removable
Fast charging
Yes, 18W
Wireless charging
No
Uptime
N/A
Colour variants
Hack Black
Released year
January 2022

Display

Screen size
6.5 inches
Resolution
1080 x 2400 pixels at 405 PPI density
Aspect ratio
20:9 ratio

Hardware

Processor
Mediatek Helio G96 (12 nm) chipset

Octa-core 2×2.05 GHz Cortex-A76 and 6×2.0 GHz Cortex-A55 CPU

Mali-G76 MC4 GPU

RAM
8GB
Internal storage
256GB, MicroSD expandable
MicroSD Limit
Up to 512GB

Camera

Rear camera
Triple Lens, 64 MP camera at f/1.8 aperture, 8MP and 5MP and f/2.4 with Dual-LED Dual-toned flash and HDR
Front camera
Single Lens, 24 MP camera with AI FaceID and Face beautification
Camera functions
Autofocus, Touch Focus, Night mode

Software

OS
Android 11
Skin
Upgrade to Android 12 via OTA

Connectivity

Wi-Fi
Yes
GPS
Yes
Bluetooth
Yes
NFC
No
USB type
Micro USB Type-C 2.0 reversible connector, OTG
SIM type
Dual, Nano-SIMs
GSM/CDMA
GSM
2G
Yes
2G bands
GSM 850 / 900 / 1800 / 1900
3G
Yes
3G bands
HSDPA 850 / 900 / 1800 / 1900 / 2100
4G/ LTE
Yes
4G bands
LTE band 1, 2, 3, 4, 5, 7, 8, 12, 13, 17, 18, 19, 20, 25, 26, 28, 34, 38, 29, 40, 41, 66
5G
No
Speed
HSPA 42.2/5.76 Mbps, LTE-A

Sensors

Fingerprint
Yes, side-mounted
Proximity
Yes
Barometer
No
Accelerometer
Yes
Gyroscope
Yes
Compass
No
Others
Face ID

Sound

Loudspeaker
Yes
3.5mm jack
Yes

MISC

Also in the box
Charging Adapter, USB Cable and User Manual

Also, See:

UMiDIGI Bison GT2 Pro Price

UMiDIGI Bison GT2 Pro is priced at around $339 in the United States, €299 in Europe and ₦140,600 in Nigeria. Prices in other specific countries and currencies are provided below.

United States
$339
United Kingdom
£250
Europe
€299
China
¥2,149
India
₹25,229
Nigeria
₦140,600
Ghana
Gh₵2,119
South Africa
ZAR5,119
Kenya
Ksh38,495
Read More

Original Source: livetechnoid.com

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Money

UMiDIGI Bison GT2 5G Full Specifications and Price

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Here are the full specifications of the UMiDIGI Bison GT2 5G smartphone device and the price you need to know before buying one with your money or on credit.

Phone Details

The UMiDIGI Bison GT2 5G model has great specifications. It comes with a 6.5-inches screen with a 1080 x 2400 pixels resolution IPS display panel housing the front 24 MP selfie lens.

The processor is an Octa-core CPU, MediaTek MT6877 Dimensity 900 5G (6 nm) chipset and Mali-G68 MC4 GPU. It has 8GB RAM and 256GB internal storage. Amazingly, it is 5G LTE network enabled. UMiDIGI Bison GT2 5G houses a gigantic 6150mAh battery and runs on Android 11 (upgrade to Android 12 via OTA).

Also, See:

It has triple cameras on the back, a 64 MP primary lens and dual secondary 8 MP and 5 MP cameras, with LED flash and comes in different colour variants such as Storm Gray. This, however, is just a sneak peek, kindly check the table below for all the features that come with the device.

UMiDIGI Bison GT2 5G Full Specifications

General

Brand
UMiDIGI
Model
Bison GT2 5G
Display
IPS LCD capacitive touchscreen with 16M colours
Body type
Glass front
Protection
Scratch Resistant Glass
Dimensions
172.2 x 83.9 x 12.9 mm
Weight
280 g
Battery capacity
Li-Polymer 6150mAh, non-removable
Fast charging
Yes, 18W
Wireless charging
No
Uptime
N/A
Colour variants
Storm Gray
Released year
January 2022

Display

Screen size
6.5 inches
Resolution
1080 x 2400 pixels at 405 PPI density
Aspect ratio
20:9 ratio

Hardware

Processor
MediaTek MT6877 Dimensity 900 5G (6 nm) chipset

Octa-core 2×2.4 GHz Cortex-A78 and 6×2.0 GHz Cortex-A55 CPU

Mali-G68 MC4 GPU

RAM
8GB
Internal storage
256GB, MicroSD expandable
MicroSD Limit
Up to 512GB

Camera

Rear camera
Triple Lens, 64 MP camera at f/1.8 aperture, 8MP and 5MP at f/2.4 with Dual-LED Dual-toned flash and HDR
Front camera
Single Lens, 24 MP camera with AI FaceID and Face beautification
Camera functions
Autofocus, Touch Focus and Night mode

Software

OS
Android 11, upgrade to Android 12 via OTA
Skin
N/A

Connectivity

Wi-Fi
Yes
GPS
Yes
Bluetooth
Yes
NFC
No
USB type
Micro USB Type-C 2.0 reversible connector, OTG
SIM type
Dual, Nano-SIMs
GSM/CDMA
GSM
2G
Yes
2G bands
GSM 850 / 900 / 1800 / 1900
3G
Yes
3G bands
HSDPA 850 / 900 / 1800 / 1900 / 2100
4G/ LTE
Yes
4G bands
LTE band 1, 2, 3, 4, 5, 7, 8, 12, 13, 17, 18, 19, 20, 25, 26, 28, 34, 38, 29, 40, 41, 66
5G
Yes
5G bands
5G band 1, 2, 3, 5, 7, 8, 20, 25, 28, 38, 40, 41, 66, 77, 78, 79
Speed
HSPA 42.2/5.76 Mbps, LTE-A, 5G

Sensors

Fingerprint
Yes, side-mounted
Proximity
Yes
Barometer
No
Accelerometer
Yes
Gyroscope
Yes
Compass
No
Others
Face ID

Sound

Loudspeaker
Yes
3.5mm jack
Yes

MISC

Also in the box
Charging Adapter, USB Cable and User Manual

Also, See:

UMiDIGI Bison GT2 5G Price

UMiDIGI Bison GT2 5G is priced at around $339 in the United States, €299 in Europe and ₦140,600 in Nigeria. Prices in other specific countries and currencies are provided below.

United States
$339
United Kingdom
£250
Europe
€299
China
¥2,149
India
₹25,229
Nigeria
₦140,600
Ghana
Gh₵2,119
South Africa
ZAR5,119
Kenya
Ksh38,495
Read More

Source: livetechnoid.com

Continue Reading

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