Tell the U.S. Department of Labor to Close the Retirement Loophole! Learn more


Renew for 3 and attend Life at 50+ for free

Contests and

You Could Choose Your Dream Vacation!

Hawaii, the Grand Canyon or an Alaskan Cruise! No purchase necessary. Ends May 31. See official rules.

Driver Safety

Piggy bank on the road - AARP Driver Safety

Take the new AARP Smart Driver Course!

You Could Choose Your Dream Vacation
Happy African American couple

AARP Books

Visit the Money Section

Enjoy titles on retirement, Social Security, and becoming debt-free.

Jobs You Might Like

most popular


Ask Sid

Are Business Credit Cards Worth It?

A huge drawback: They're not covered by key protections of the Credit CARD Act

Q. I'm self-employed and have been receiving lots of solicitations for "business" credit cards. Are they a better choice than regular cards for people like me?

A. These cards are touted as having generous rewards and enhanced transaction reporting to help you monitor spending. But they come with a huge drawback: They're not covered by key protections of the Credit CARD Act of 2009.

See also: More on credit, loans and debt.

Unlike regular plastic, these cards, also marketed for "professional" or "corporate" use, may be subject to "anytime" changes in terms: unrestricted increases in penalty fees, perhaps, or sudden interest rate hikes for any violation of terms — even on existing balances. In a recent survey, the Pew Charitable Trusts found that people 65 and older get a higher proportion of offers for these cards than any other age group.

Also of interest: Credit card payoff calculator. >>

Sid Kirchheimer writes about consumer and health issues.

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts


Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.


The Cheap Life

Jeff Yeager Cheap Life Ultimate Cheapskate AARP YouTube web series save money

Catch the latest episode of The Cheap Life starring Jeff Yeager, AARP's Ultimate Cheapskate. Watch

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Credit safeguards with AARP® Identity Theft Protection from TrustedID®.

AARP Credit card from Chase

Members can get cash back rewards on purchases with the AARP® Credit Card from Chase.

Man using cell phone outdoors

Members save on monthly service & usage fees and get free activation with Consumer Cellular.

Member Benefits

Join or renew today! AARP members receive exclusive member benefits & affect social change.


Advance your skills. Transform your career.

Explore your learning possibilities.