We received an email from a user about a problem he had
with an operation identified on his credit card bill as "WLI*Reservation Rewards CT 800-732-7031".

He said fraudulent 9.00 charges from ReservationRewards started appearing on his credit card in December, 2005.

Because of these unknown, fraudulent charges I cancelled my old card number and received a new card and account number. Even with the new account number, I was shocked to find that the fraudulent charge was AGAIN charged to my new account number.

I had automatic billing with NetFlix, and they needed the new account number. However, somehow the fraudulent charge from WLI*ReservationRewards again showed up on my NEW account.

Adapted from Federal Reserve Document

The first step in choosing a credit card is thinking about how you will use it.

• If you expect to always pay your monthly bill in full -- and other features such as frequent flyer miles don't interest you -- your best choice may be a card that has no annual fee and offers a longer grace period.
• If you sometimes carry over a balance from month to month, you may be more interested in a card that carries a lower interest rate (stated as an annual percentage rate, or APR).
• If you expect to use your card to get cash advances, you'll want to look for a card that carries a lower APR and lower fees on cash advances. Some cards charge a higher APR for cash advances than for purchases.