Here’s a reader question that I found interesting regarding “low-tech” retirees: Hi – my 82 year-old father-in-law does not own a
Category: Banking
Stockholm Banco vs. FTX: Creating Money From Nothing in 1661 vs. 2022
As with the rest of the finance world, I’ve been following the collapse of FTX and Sam Bankman-Fried (SBF). There are
Best Interest Rates on Cash – October 2022 Update
Here’s my monthly roundup of the best interest rates on cash as of October 2022, roughly sorted from shortest to longest
SoFi Checking: 2.50% APY w/ No Cap, $300 Direct Deposit Bonus, $25 Opening Bonus
Rate increased to 2.50% APY, $325 promo extended through 12/31. SoFi has added an excellent deposit bonus worth up to $300
Elements Financial CU: 3.25% APY Savings Guaranteed For 1 Year, 4% APY Rewards Checking
Elements Financial Credit Union has a new promo rate of 3.25% APY on their Helium Savings account. The promo rate is
Interest Rate Watch: Regular Treasury vs. TIPS vs. Breakeven Inflation Rates
There continues to be a lot of interest rate movement in savings accounts, CDs, and other cash equivalents. I find the
CIT Bank Promo: Free 1 Year Amazon Prime Membership ($139 Value) w/ $15,000 Deposit
Update 9/22: CIT Bank has raised the rate on their free year of Amazon Prime promo to 1.55% APY, remaining competitive
Enzo Fintech App: 2% Cash Back on Rent (Up to $500 Annually), Equity For Waitlist Members
Enzo is another fintech app meant to manage all your money… Spending, savings, long-term investing. Via DoC, the catchy feature is
HMBradley Bank Review: Up to 3% APY After Saving 20% Of Your Deposits (Updated 2022)
Update 1/19/22: HMBradley announced a few additional changes (on the positive side). They are offering a bit more grace period for
Marcus Bank: $100 Bonus on $10,000 Deposit (New and Existing Customers)
New deposit bonus back again for 2022. Marcus by Goldman Sachs is offering a $100 bonus if you deposit $10,000+ in
Current Banking App Review: $50+ Bonus, 4.00% APY on $2k/$6k
Current is part of the new wave of fintech apps that partner with a traditional bank. In this case, banking services
CIT Bank Savings Builder $300 Deposit Bonus – Both New and Existing Customers
CIT Bank has a new Savings Builder Account deposit bonus. You can get up to a $300 cash bonus depending on
Best Interest Rates on Cash – November 2019
Here’s my monthly roundup of the best interest rates on cash for November 2019, roughly sorted from shortest to longest maturities.
Big List of Free Consumer Data Reports (1/2): See Your Confidential Credit, Banking, and Payday Lending Data
All info double-checked and updated for 2019. Since these are available every 12 months, it is a good idea to check
Robinhood (Not a) Checking Account 3% APY: SIPC Insurance Mean?
I don’t know who does PR for Robinhood, but they are good. I don’t ever recall this many media articles in
Bank of America Cash Rewards Card Review: Choose Your 3%-5.25% Cash Back Category
Updated. Bank of America announced some new changes that will take effect January 14th, 2019. Cardholders will be able to choose
Garden Savings Federal Credit Union: 4-Year CD at 4.08% APY
Garden Savings Federal Credit Union has a limited-time certificate special on their 4-Year Share Certificate at 4.08% APY. They also have
Best Interest Rates on Cash – November 2018
Here’s my monthly roundup of the best interest rates on cash for November 2018, roughly sorted from shortest to longest maturities.
Chase Bank Bonus: $600 Total Checking + Savings, 60,000 Point Upgrade to Sapphire Banking
Chase Bank has updated banking promotions for new customers without a Chase Bank account (closed more than 90 days ago and
Ally Bank Payback Time Promotion: 1% Additional Cash Bonus (~6% APY 3-month CD)
Ally Bank has a new promotion called Ally Payback Time that is offering a 1% cash bonus (up to $1,000) on
Savings I Bonds November 2018 Interest Rate: 2.32% Inflation Rate
Savings I Bonds are a unique, low-risk investment backed by the US Treasury that pay out a variable interest rate linked