Home / Author / ELISABETH CHAN

Elisabeth Chan is Creditnet's resident card expert. Elisabeth graduated Magna Cum Laude from Brigham Young University's Marriott School of Business.

When she's not rating and reviewing credit cards, Elisabeth enjoys gushing over her 1-year-old daughter (who is her exact clone), eating out (sushi and Chinese are favs), or attempting to conquer the pilates reformer machine (so far, all attempts have been futile).

Visit 's Google Plus profile for more.

Recent Blogs

Why "Bad Credit" Credit Cards Get a Bad Rap

Credit card companies that issue bad credit credit cards have been getting a lot of bad press over the past few years. Extremely high interest rates coupled with higher fees than your average credit card make them an easy target for those that believe these products are "evil" and should either be done away with for good or regulated even more than they already are. While credit cards for bad credit certainly have higher interest rates and fees than most consumer credit cards, the reality is that they actually provide a much-needed service for millions of Americans trying to rebuild their credit. Without them, a huge market of consumers would be left underserved.   But why do the interest rates and fees have to be so darn high?  It's not rocket science— the answer is quite simple to understand.

Best Credit Cards for Parents

(Update as of July 29, 2013: The below offer is no longer available. For the latest details regarding this card, check out our expert review of the Citi ThankYou Preferred Rewards Card on Creditnet.com.)

Thailand, Grand Cayman, Cancun, New York City. What do they all have in common? They're all places I've flown to for free using credit card rewards, the most recent trip being our first sans-kid trip to Cancun. I'm a huge proponent of responsible use of credit cards and an even bigger proponent of racking up rewards along the way, preferably at no or little cost to you in terms of annual fees. Now that the Mr. and I are finishing up our second year of parenthood, it's interesting to see how much more of our budget is allocated to food and gas. Who knew a sub-3-foot-tall human being could eat as much as her mom (and I boast quite the eating capacity for someone my size)? So when I saw the 12-month promotion offered by the Citi ThankYou® Preferred Rewards Card, I couldn't help but think that this is one of the best cards for parents. Here's why:

Discover More Card Review: May 2012

The Discover More Card doesn't offer the best rewards program on the market. It also doesn't offer the longest 0% interest promotional period. So why would anyone want to get it, and what makes it Discover's flagship card? What the Discover More Card consistently offers cardholders is a little bit of everything in one package. No annual fee, 0% interest on both purchases and balance transfers, and a cash back program that provides up to a 5% bonus for certain categories throughout the entire year. In addition, Discover doesn't mess around with the card's benefits very often, so consumers have come to know and understand what they can expect from this card.

Ask Creditnet: Is Failure to Pay Off Credit Card Considered Fraud?

Dear Creditnet: I've heard that it's considered fraud if you get a credit card, use it, and then can't make any payments. If I unexpectedly lose my job and can't make my credit card payments, could I get sued?

Citi® Platinum Select®/AAdvantage® Visa Signature® Card: 30,000 Sign-up Bonus

Update: This offer is no longer available. This card is now titled the Citi® Platinum Select® / AAdvantage® World MasterCard® - find the most up-to-date offer available on Creditnet today!

If you already fly American a lot or are simply on the hunt for another lucrative sign-up bonus to take advantage of this year, here's why you should check out Citi's new offer: Top 5 Things We Like About the New Citi AAdvantage Card