Cash News The child tax credit is a tax break that applies a credit to your income taxes for a qualifying child or children, potentially earning you a refund on your federal tax return. The value of the credit has fluctuated in recent years. Weāll cover the maximum the credit is worth for the 2024 […]
Cash News For a limited time, you can earn 100,000 bonus points when you spend $5,000 within the first three months of opening a new Chase Sapphire PreferredĀ® Card. This new offer is one of the most valuable weāve ever seen from the Chase Sapphire Preferred ā already one of our favorite travel rewards cards […]
Cash News As a homeowner, there are lots of ways to access your home equity. You can take out a home equity loan or HELOC, apply for a cash-out refinance, or ā if youāre a senior ā get a reverse mortgage. Reverse mortgages are a unique option because they require no monthly payments. Instead, you […]
Cash News Rewards rate 5x points on travel purchased through Chase Travelā 3x points on dining, select streaming services, and online groceries 2x points on all other travel purchases 1x points on all other purchases Why we like it: Though it does charge $95 annually (unlike some other cards on our list), the Chase Sapphire […]
Cash News After years of swelling market gains, itās staggeringly clear: Markets can and do go down, fast. U.S. stocks plummeted Thursday after President Trump’s “Liberation Day” tariffs detonated through markets across the globe. And tariffs arenāt the only factor investors and savers are navigating right now ā much of the financial footing beneath us […]
Cash News The Federal Reserve cut the federal funds rate three times in 2024, which means deposit account rates are also on the decline. It’s more important than ever to ensure you’re earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than […]
Cash News Mortgage rates have made noticeable drops since last weekend. According to Zillow, the 30-year fixed mortgage rate has fallen by 20 basis points to 6.39% since last week, and the 15-year interest rate is down 19 basis points to 5.72%. Rates probably won’t decrease much more drastically over the next few months. Now […]
Cash News Money market accounts (MMAs) can be a great place to store your cash if you’re looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for […]
Cash News The Federal Reserve reduced its target interest rate three times in 2024. This had a ripple effect on deposit account rates, which means now could be your last chance to lock in today’s high rates with a certificate of deposit (CD). Hereās a look at todayās CD rates and where you can find […]
Cash News Neobanks and fintech companies have revolutionized the way we manage money. They offer sleek apps, competitive interest rates, minimal fees, and innovative features that traditional banks often donāt. But with so many options flooding the market, how can you tell which neobanks and fintechs stand out from the crowd? Our team evaluated the […]