Understanding when to use credit cards versus personal loans is crucial. Credit cards work for small purchases with quick repayment, while personal loans are ideal for significant expenses.

Our opinions are our own. SOME CARD INFO MAY BE OUTDATED This page includes information about the Bank of America® Premium Rewards® credit card, currently unavailable on NerdWallet. The ...

The rewards and perks on this card, including an automatic free night each year and bonus rewards on everyday spending, can easily cover the annual fee. Many or all of the products on this page ...