Columbus, OH

Credit cards can be a valuable tool for financing purchases, earning rewards and potentially earning a welcome bonus. But credit cards aren’t for every type of purchase. The fees and interest you’ll incur with some purchases can offset the benefits you’d earn with a card, so it’s important to understand how a purchase could affect your finances before you pull out the plastic.

Don’t Put These Expenses on Your Credit Card -- Here’s Why

Business Insider

Two local credit unions are offering CDs with at least 9% interest before the Fed cuts interest rates. Find out how to qualify for the CD specials.

Some credit unions are offering CDs of 9% APY or more before an anticipated Fed rate cut

A new report from JPMorgan Chase is shedding light on how many Americans can afford to pay for an emergency. An analysis of 5.9 million households with Chase bank accounts shows 8% are completely unable to cover a $400 “expense shock” – not even with their credit cards.

472,000 JPMorgan Chase Customers Can’t Pay $400 ‘Expense Shock’ by Any Possible Means – Including Credit Cards: Report

JPMorgan Chase, the nation’s largest credit card issuer, will bar customers from using its credit cards to repay increasingly popular “buy now, pay later” installment loans. Chase said in an emailed statement that buy now, pay later installment loans “are a form of credit” and that the...

Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans

JPMorgan Chase is already hearing from US lawmakers after declaring it may soon impose unprecedented fees on its 80 million-plus customers. In a letter to the banking giant obtained by Fortune, Democratic Senators Elizabeth Warren and Chris Van Hollen blast the bank’s flirtations with fee hikes, including charges for basic checking accounts and services.

JPMorgan Chase’s Plan to Charge 80,000,000 Customers for Basic Checking Accounts and Services Is ‘Outrageous,’ Say US Senators in Blistering Response to Banking Giant

The US Sun

THE deadline is looming to apply for a chunk of a multi-billion dollar settlement. Visa and Mastercard users could be eligible for a one-time payment due to claims that the organizations violated antitrust laws. Such laws are in place to ensure consumers and businesses have a right to a competitive industry, rather than the dominance […]

Americans have just weeks to cash in on $5.6bn Visa Mastercard settlement – but don’t worry if you didn’t receive form

BANK of America customers may be eligible for a one-time payment from a $21 million settlement. Current and former Bank of America members with a BOA checking and/or savings account who were charged fees for this everyday transaction may have been unlawfully charged. Bank of America customers may be eligible to receive a portion of […]

Bank of America customers to get one-time payment from $21 million settlement – everyday transaction makes you eligible

The Motley Fool

Many Americans have accounts with multiple banks. Find out why using the same bank for all your accounts could be a better way to go.

4 Benefits of Keeping All Your Money With the Same Bank

FinanceBuzz

In addition to being picturesque, these states let you keep more money in your wallet when you shop. If you live in one of these states, you won't be charged sales tax.

Shoppers in These 5 States Pay No Sales Tax at All

GOBankingRates

Social Security is the foundation of retirement planning for millions of Americans, and front-line banking professionals see firsthand the financial strategies that beneficiaries use to get the most...

I’m a Bank Teller: My 5 Top Banking Tips for Social Security Recipients

IF you're one of the 50 million Americans who use a popular mobile payment app, you may be entitled to a payment from a $15 million settlement. Cash App is facing a class action lawsuit regarding data breaches between 2022 and 2023. The suit alleges that Cash App failed to...

Americans can claim up to $2,500 from $15 million mobile payment service settlement – you must meet three criteria

While we adhere to strict editorial guidelines, partners on this page also provide us earnings. More Americans are falling behind on credit card payments — a downward spiral that can quickly become insurmountable. As the late payment trend increases nationally, understanding the problem, and finding solutions, has never been more important.

I’m 60 days late on my credit card payment and I’ve been slapped with a penalty APR I can’t afford to pay. How can I avoid making the same old credit card mistakes?

Money

Credit cardholders have racked up an additional $1,000 of debt on average in the last two years, a sign that Americans are turning to plastic to support their spending while inflation is high. The average credit card balance per consumer increased to $6,329 in the second quarter, an increase from...

America’s Credit Card Crisis: Here’s How High the Average Balance Is Now

CBS News

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
  The past few years have resulted in increased financial strain for many Americans, with the economic challenges piling up faster than many people's paychecks can keep pace. Between stubborn inflation and the elevated interest rates meant to temper it, many households have been struggling to maintain their standard of living.One of the most significant factors, though, has been the dramatic increase in the price of essentials. According to the USDA, food prices surged by 25% percent from 2019 to...

How much of your credit card debt can be forgiven?

Divorce can bring up many financial concerns, especially when it comes to credit card debt. One of the most pressing questions is whether you’ll be responsible for your ex-spouse’s credit card debt after the marriage ends. The short answer is that it depends on the state you live in, whose name is on the account and whether the debt was incurred before or during the marriage.

Who is responsible for credit card debt in a divorce?

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. Card issuers consider many financial...

Here's Why Your Credit Card Application Can Be Denied Even With an 800 Credit Score

According to Newsweek, This week, retirees collecting Social Security benefits can expect their payments, as the Social Security Administration (SSA) disburses funds to millions of Americans. Payments are staggered throughout the month, depending on the beneficiary’s birthdate. In June alone, retirees and their family members accounted for 87 percent of all benefit claims, highlighting the importance of these payments for millions of households.

Up to $4,873 in Social Security Direct Deposits will be disbursed this week

Fargo, ND

Frequent Miler

Wells Fargo has extended a good promotion for new savings account customers. This offer is available in-branch only and gives a $525 bonus when depositing $25,000 and then maintaining that balance for 61 days. This is obviously a significant deposit requirement for many and there is some loss of interest on those funds while they are deposited in the savings account (more details below). That said, it could be an appealing option for those who can swing it.

Wells Fargo: $525 Bonus for New Savings Account (in-branch, no direct deposit required)

The Boot

Everything costs more these days, and it seems as if every day brings another story of something else going up in price. Add ATM fees to the list. According to reports, the average out-of-network ATM fee in 2024 now sits at $4.77 per transaction. That is an increase of $.05 from 2023.

This Bank Fee Is Going Up … Again!

Gen Zers explain the credit cards they're using to get the best rewards and live a life of more luxury, as long as they can stay out of debt.

Welcome to credit card points mania

NewsBreak

Credit Card Processing Fees for Small Businesses: A Growing Burden

In recent years, small businesses across the United States have faced mounting challenges, one of the most significant being the sharp rise in credit card processing...

Credit Card Processing Fees for Small Businesses: A Growing Burden

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