What you need to know about credit

Credit card swipe
In this Nov. 2, 2009 file photo, a customer swipes a MasterCard through a machine while checking-out at a shop in Seattle.
AP Photo/Elaine Thompson, file

After the Target security breach, millions of customers are receiving new credit and debit cards from their banks as a result of the hacking. JP Morgan Chase is replacing around 2 million cards.

But for some credit card users, becoming a master of the plastic currency is about rewards, not security.

Brett Arends of the Wall Street Journal wrote about the perks of opening credit cards for the sake of the freebies.

"Over the years I have obtained free round-trip tickets from Boston to London, Miami and New York, free hotel rooms, free cash and free gift cards," he wrote. "All thanks to credit-card companies and a little nifty footwork."

Chris Farrell, economics commentator for Marketplace, joins The Daily Circuit to discuss the latest credit card news and take your questions about maintaining good credit.

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