PRESENTED BY WALLABY

CARD GUIDETHETHE

WHY CREDIT CARDS ARE SMART FINANCIAL TOOLS

๏    Credit  cards  earn  you  valuable  rewards  every  3me  you  swipe  

๏    Credit  cards  provide  you  with  added  security  and  insurance  

๏    Make  sure  to  read  the  fine  print  to  avoid  unpleasant  surprises

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

NUMBER OF CARDSIN 2012

CREDIT

350

300

250

200

150

100

50

0

PRE-PAY DEBIT

MILLIO

NS 333.6

159.1

282.8

WHAT YOU SHOULD KNOW ABOUT YOUR CREDIT SCORE

๏    Your  score  is  an  indica3on  how  likely  you  are  to  repay  your  debt  

๏    Your  score  is  dynamic  and  may  change  every  day  

๏    To  increase  your  score,  pay  on  3me  and  limit  your  spending

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

FICO SCOREBREAKDOWN

35%

30%

15%

10%

Payment HistoryCredit Utilization Rate

Credit HistoryNew CreditTypes of Credit

10%

WHAT YOUR CURRENT WALLET SAYS ABOUT YOU

๏ Get  more  from  your  spending  by  using  credit  cards  instead  of  cash  

๏ Determine  if  your  current  cards  are  working  for  you  

๏ Earn  the  best  rewards  with  the  right  card

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

+18%-40%

THE NUMBER OFREWARDS CARDSINCREASED BY 18%FROM 2008 TO 2013 VERSUS A 40% DECLINE IN NON-REWARDS CARDS

MAKE YOUR CREDIT CARDS WORK FOR YOU

๏    Understand  the  different  types  of  rewards  

๏    Choose  the  credit  card  with  the  rewards  you  value  the  most  

๏    Not  all  points  are  created  equally

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

27% 5% 48% 20%

TYPES OF CARDS IN WALLABY’S DATABASE

No rewardsAirline miles

PointsCash back

CATEGORIES OF CREDIT CARDS๏ Understand  the  different  types  of  credit  cards  

๏ Don't  seGle  for  a  card  just  because  the  issuer  mailed  an  offer  to  you  

๏ Take  your  3me  and  do  research  to  find  the  card  that's  right  for  you

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

2012 VS 2017

PERCENTAGE OF GROWTHTOTAL # OF CARDS

Union PayVisa

MasterCardMaestroAmexJCBDiscover

51%

2012

2017

29%

23%28%

36%

5%

26%

APRS, FEES, TERMS: STAYING OUT OF TROUBLE

๏    Understand  both  what  you  need  and  want  from  your  card  

๏    Read  the  fine  print  to  understand  how  your  card   will  work  

๏    Call  your  issuer  if  you  have  any  ques3ons  about  terms  or  fees

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

Total U.S. Outstanding Consumer Debtas of April 2014

Source: Creditcards.com

$3.18 TRILLION

LOYALTY PROGRAMS: THE GOOD, THE BAD, AND THE UGLY

๏    Loyalty  programs  can  save  3me  and  money  

๏      Some  loyalty  programs  are  linked  to  credit  cards  while  others  are  not  

๏    Memberships  can  be  limited  by  terms  and  condi3ons  changing  at  without  prior  no3ce  and  difficult  redemp3on  policies

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

2.65 BILLION US LOYALTY MEMBERSHIP PROGRAMS

21.9TOTAL MEMBERSHIPS

9.5ACTIVE

MEMBERSHIPS

GET MORE WITHOUT SPENDING MORE!

๏      Use  your  rewards  card  whenever  possible  

๏      Join  loyalty  programs,  dining  programs,  and  shopping  portals  

๏      Redeem  your  rewards  frequently

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

HOW TO AVOID LOSING YOUR REWARDS

๏    Read  the  fine  print  to  learn  about  the  specifica3ons  of  your  rewards  program  

๏    Track  your  rewards  

๏    Don't  let  your  rewards  expire  or  devalue

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

1/3 OF CREDIT CARDREWARDS ARE

WASTED

MAKE YOUR CREDIT CARD PAY YOU

๏    You  can  earn  money  from  your  credit  cards      

๏   Make  sure  you  have  the  right      card  for  you  in  your  wallet  

๏    Keep  track  of  bonus  offers  to  maximize

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

READ MORE AT:

www.walla.by/the-­‐card-­‐guide  

@wallabycard

The  Card  Guide,  Presented  by  Wallaby  Financial  •  ©  2014,  Wallaby  Financial,  Inc.  •  www.walla.by/the-­‐card-­‐guide  •  @wallabycard        

PRESENTED BY WALLABY

CARD GUIDETHETHE